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Ult. Awards Card: 25k CBA Pts/15k QFF Pts with $3500/Month Spend in First 4 Months, $0 Fee with $4k/Month Spend @ CBA Yello

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Ult. Awards Card: 25k CBA Pts/15k QFF Pts with $3500/Month Spend in First 4 Months, $0 Fee with $4k/Month Spend @ CBA Yello
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rkraider on 23/07/2024 - 15:10 commbank.com.au (451 clicks)
Last edited 23/07/2024 - 16:01 by 2 other users

Not as good as prior years but none the less for credit card churning if waiting on cooldown for other cards and only for customers in CommBank Yello. 60k Qantas Pts up for grabs but now paid monthly and requires $3,500 spend per month.

Earn 25,000 CommBank Awards points or 15,000 Qantas Points each month when you spend $3,500 or more per month for the first four months. Offer commenced 23 July 2024 and is only available to customers in CommBank Yello when applying for the credit card

What you’ll get

  • Choose to earn CommBank Awards or opt-in to earn Qantas Points for $60 per year.
  • Earn up to 3 Awards points or 1.2 Qantas Points for every $1 spent on eligible purchases, up to and including $10,000 in a statement period
  • Earn unlimited Awards points or Qantas Points each year
  • Cashback benefits for eligible cardholders through CommBank Yello Cashback Offers in the CommBank app
  • No monthly fee* if you spend at least $4,000 on your Ultimate Awards credit card in your statement period
  • Pay no international transaction fees for purchases you make overseas or online
  • Access to international travel insurance when you spend at least $500 in a single transaction on prepaid travel using your card and activate before you travel
  • Enjoy two complimentary airport lounge passes each calendar year with Mastercard Travel Pass provided by DragonPass to over 1,300 airport lounges worldwide and up-to-date travel information
  • No additional cardholder fee to share your card with someone else
  • Up to 44 days interest-free on purchases
  • Priceless.com offers and experiences
  • Complimentary access to book flights and hotels for eligible customers via Travel Booking (Provided by Hopper). Search for Travel Booking accessible via the CommBank app (search Travel booking in the search bar) or click here
  • The Touch Card feature by Mastercard is a unique squared tactile notch to help blind and partially sighted cardholders identify their cards with just a touch
Financial CommBank Yello Credit Card Frequent Flyer MasterCard Qantas Frequent Flyer Reward Points

Related Stores

Commonwealth Bank
Commonwealth Bank
MasterCard AU
MasterCard AU
Marketplace
Qantas
Qantas

closed Comments

  • foxes28 on 23/07/2024 - 15:14
    +12

    Not as good

    I don't think this is good at all :(

    • rkraider on 23/07/2024 - 15:15

      100%

    • Ibz on 23/07/2024 - 15:18

      Benefit is no fees if you hit $4000pm iirc. But even if you only hit the 3500, it's just $35 a month so can keep it for a few months and cancel once you get the points. In saying that, it's an insanely high spend so only worth if you're spending that amount already

      • foxes28 on 23/07/2024 - 15:21
        +1

        Don't forget the $60 non-refundable Qantas Points opt-in fee

        • Ibz on 23/07/2024 - 15:22

          Good call out. Forgot about that one. Personally I just got the 100k cba rewards points and redeemed for 6x$100 coles gc when they did their 20% off gc's. But I know everyone here loves their Qantas points so that's not for everyone.

  • rjams23 on 23/07/2024 - 15:15

    careful if you already have their low rate that earning points. You're not able to get the bonus points eventhough you're on Yello. Cope it big time on this

    • Ibz on 23/07/2024 - 15:17

      Interesting. You sure on that one? The awards and low rate rewards used to be completely separate in terms of 1 year cool down and sign on bonus

  • gembel on 23/07/2024 - 15:19

    How do you become Commbank Yello?

  • mahdoo on 23/07/2024 - 15:20
    +9

    Hahahahahahahahahaa

    60k qantas point for $14k spend??

    hahahahahahaha

  • Arcayne on 23/07/2024 - 15:22
    +1

    Be careful with Commbank credit cards, I signed up to one with bonus points over a 4 month spend, but they calculate the 4 months in their own 'statement cycle'. So when I received my rewards card there was apparently only 5 days left in that statement cycle, so even though I met the spend criteria each month in the first 4 actual months since receiving the card, I didn't get the bonus points as I didn't know I only had 5 days once receiving the card to meet the 'first months spend criteria'……

    • Abang Tukang Bakso on 23/07/2024 - 15:36

      same thing happen to me, I was charged with CC interest, even though I have paid 5 days before its DUE! Their excuse was, the one I paid was for last months interest not this month.. still dont make any sense because with that logic I wouldnt even have this month interest if I already paid last month.. so yeah weird

    • countmein on 23/07/2024 - 16:23

      Just curious, did you delay the activation (or any delay on the post mail) since they send they card? Perhaps they started the first day since they deliver the card which is idiotic

      • Arcayne on 23/07/2024 - 17:25

        Nope I didn’t delay anything. Activated the day I received etc

    • jaytoons on 23/07/2024 - 18:11
      +1

      Hey I called them about this to clarify. They use a fixed 30 day period which starts from the day the credit card account is opened (so basically if you’re waiting for a physical card it may be too late - use Apple wallet). So it’s $3.5k every 30 days for 120 days to receive the full 60k points. Plus they said you need to be CommBank Yello when you apply for the card otherwise you won’t get the offer.

    • QFFlyer on 26/07/2024 - 03:02

      Agree, neither me nor the Mrs got anything a couple of years back when the offer on this card was better, but I kept it and she canx, making her eligible for the recent Smart Awards SUB - they sent her an email specifying the exact dates by which each monthly spend had to be made by, which didn't align with the statement dates, but was at least clear. So keep an eye out for that in junk too.

  • dogzilla on 23/07/2024 - 15:25

    $14k!….

    You can churn 4 cards spending for that!

  • iDrownFish on 23/07/2024 - 15:29

    This is awful, ANZ and Qantas offer cards that are a lot more worth it.
    Also Westpac and StG if you're an existing customer

  • bobneil on 23/07/2024 - 15:38
    +1

    It’s a great offer for people with higher regular spending.

  • Poppin on 23/07/2024 - 15:43
    +1

    Doesn't seem that bad to me. Worst case is $200 for 60k points, best case $60 for 60k points . The Westpac one is $370 for 90k points. The ANZ one is better, but I'm waiting out the 12 months. What am I missing?

    • countmein on 23/07/2024 - 16:26

      If you can spent 14k for 4 months, sure. Beware of the first month start date as comments above

  • perfectlydark on 23/07/2024 - 15:51

    wow crazy high monthly spend. good if you know you can hit it i guess

  • 6079 Smith on 23/07/2024 - 16:03
    +1

    This is quite a good daily driver if you constantly hit $4k/month and do a bit of OS spend, although the move from the old cash back to Yello and the changes to travel insurance have both been negative but the Lou get passes are nice.

    I’d also suggest opting for Commbank Awards and transferring to Velocity during one of their 15-20% bonuses they run throughout the year. That way you end up earning as much as 1.8ppd on foreign spend and 1.2ppd on major stores, petrol, dining and utilities.

    • TwentyTwoCarats on 13/08/2024 - 23:00

      Could you please elaborate how to get 1.8ppd on "foreign spend" on Velocity? Where can you go? Do you transfer to some greater program from the aussie Velocity program?

      • 6079 Smith on 14/08/2024 - 01:17

        3 Commbank ppd on non-AUD spend, converts to 1.5 Velocity. Wait for a 20% transfer bonus of which they seem to run once or twice a year and you’ve got yourself 1.8 Velocity ppd

  • thydzik on 23/07/2024 - 16:05
    +1

    when I was investigating no international fee credit cards this one came up.

    even better if you can make the $4k spend per month and have no monthly fee.

    $100 coles gift card is 20,650 Award points.

    only pain was getting a additional cardholder as it is a paper form and you both need to go to a branch.

    • Dalryk on 23/07/2024 - 17:55

      This one and Bankwest seem to be pretty much the only Qantas cards with no international fees. The rest are all 3%, which is highway robbery if you ask me.

      This one could be pretty good, depending on exactly which retailers qualify for their maximum earn rate.

  • coxymla on 23/07/2024 - 16:38

    This card just gets worse and worse, but having the monthly fee instead of the annual fee makes it the cheapest on the market.

  • txb on 23/07/2024 - 16:40

    Why would you post this? Are we just posting any card + point offer now?

  • djc on 23/07/2024 - 16:59

    There are cards to churn through then this one

  • jaytoons on 23/07/2024 - 18:33

    Note to everyone. Looks like the total points are sent to you within 90 days of the 4 month period:

    “Total eligible bonus points will be credited within 90 days of the end of the final month of the offer campaign period and will appear on your statement as ‘BONUS AWARDS’. The total bonus awards owed will be based on the number of months where the monthly spend criteria has been met.”

  • Twilight1234 on 24/07/2024 - 02:52

    The one lower tier Smart awards seems reasonable though, might go for that one instead

  • QFFlyer on 26/07/2024 - 03:00

    If you can smash a high amount of forex spend each month, you earn 3xCBA/1.2QFF per $1, up to $10k spend per month, which is about the best you can get from a free card (free if you're spending that amount anyway), on top of the SUB.

    • TwentyTwoCarats on 13/08/2024 - 23:02

      Are you saying that spending foreing currency accrues the same points as its AUD value? Or is there some bonus point for forex?

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