Is CommBank Award Credit Cards Worth it? What’s the per point dollar Value?

I’m joining comm bank and I’m looking at the credit cards they offer wondering whether the comm bank credit card award system is worth it

What’s the value per point in dollars?

I worked out Qantas points earning on AMEX per point dollar value is maxed at $0.02 when redeemed

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Commonwealth Bank
Commonwealth Bank

Comments

  • Only when you package it with your home loan :)
    I use this for none AMEX transaction and usually get few hundred dollars worth of Coles gift cards per year.
    Their international travel insurance did help me out once.

  • Spending incentive systems work just like they say on the tin: the victims, who appear to be clueless with lives controlled by advertising, lose more money than they would if they weren't participating in the program.

  • they were break even, when you could use the travel insurance, and they had amex. combank rewards though is nice.

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