20% Bonus When You Redeem CommBank Awards Points as Cashback @ Commonwealth Bank

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amaneight on 04/04/2023 - 15:49 files.ozbargain.com.au (113 clicks)
Last edited 04/04/2023 - 17:49 by 1 other user

Received an email from CBA today on 20% bonus for redeeming points as Cashback.

Terms and conditions:
The earning and redemption of CommBank Awards points are subject to the CommBank Awards Program Terms and Conditions. Awards and the number of points required for Awards are subject to change at any time without notice.

Bonus 20% Cash Back is valid from 31 March 2023 to 17 April 2023. This offer may be withdrawn without notice. Awards points redeemed and funds credited to a Member's CommBank Awards credit card under the Cash Back Award are non-refundable. A Member's CommBank Awards credit card must be open and active to redeem. Upon redemption of this Award, Points will be credited back to the Card account from which points were redeemed within 5 business days. Funds credited as a result of redeeming a Cash Back Award will not contribute to any minimum monthly payment due.

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  jv on 04/04/2023 - 15:50

  -2

  Received an email from CBA today on 20% bonus for redeeming points as Cashback.

  I didn't.

  • 

    mantra on 04/04/2023 - 16:30

    only online statement and first time payment hold notifications in my emails, but shows up in the For you section of the CBA app

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  Owgasm on 04/04/2023 - 16:01

  I just got this as well. Not far off myers/gift card exchange.

  • 

    mantra on 04/04/2023 - 16:42

    shows 64,500 points is equivalent to $310 gift card and $228 cash back
    click through to redeem slider goes up to $275

    $47 increase thanks OP

    initially sad forget to use this last myer order then realized gift card ineligibility for 15-22% CR/SB cashbacks which exceeds the extra $35 11-13% i'd have saved over this increased cashback

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  dickeemma on 04/04/2023 - 16:16

  +1

  Didn't get the email but is a banner right on the rewards front page.

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  jv on 04/04/2023 - 17:09

  Just checked on their website.

  Even with 20% more, it's still nowhere near as much value as using points at Myer.

  • 

    Pumpkin_rrr on 04/04/2023 - 17:55

    Interesting point…
    With my pathetic balance, I can get cashback for $42 (after the 20% offer)
    But I can get Myer valued at $47.

    I know Cashback is always expensive…. Hmm…

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  sn809 on 04/04/2023 - 19:25

  Finally after a long time something from Commbank.

  Good if we dont need Myers