Yes, it works to reduce the eye bags. Anusol is called hemorrhage cream as well, which is mainly used to treat hemorrhoids. It contains some active ingredients such as zinc sulfate monohydrate. It can soothe and moisturize the skin, relieve the itching, pain and irritation, promote blood circulation by removing blood stasis, clear the heat and toxic and reducing swellling. From its effects and functions, we can see that it could help reduce eye bags. Eye bags formed because of too much fluid retenated around eyes, or bad blood circulations there caused by poor sleeping, dehydration, allergies, infections or injuries. Applying some anusol cream under eyes can help blood flow and moisturize and soothe the skin there. It can effectively reduce the puffiness. You can massage eyes at the same time, to make it more effective because tender eye massage could definitely help absorption, blood circulation and skin tightening. But it can't be used during pregnancy or breastfeeding. And you should note that anusol contains propylene glycol, methy parahydroxybenzoate and propyl parahydroxybenzoate which might cause allergic reaction.