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Smart Awards Card: 15,000/M QFF Pts with $1,500/M Spend for 4M, Fees $60/Yr + $19/M ($0 with $2,000/M Spend) @ CommBank Yello

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Smart Awards Card: 15,000/M QFF Pts with $1,500/M Spend for 4M, Fees $60/Yr + $19/M ($0 with $2,000/M Spend) @ CommBank Yello
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WhatsTheBigDeal on 24/01/2025 - 11:45 commbank.com.au (412 clicks)
Last edited 24/01/2025 - 12:12 by 1 other user

Earn 25,000 CommBank Awards points or 15,000 Qantas Points each month when you spend $1,500 or more per month for the first 4 months on a new Smart Awards credit card. Offer is only available to customers in CommBank Yello Everyday, Everyday Plus or Homeowner benefit sets when they apply for a new Smart Awards credit card. Offer not available to customers who currently hold, or have held, any activated Awards card types in the 18 months prior as a primary cardholder or customers who switch from other card types.

Important terms to note:
Points Boost: Earn up to 2 Bonus Points or 0.8 Qantas Points per $1 spent on your highest eligible purchase made in a statement period up to 1,000 Bonus Points or 400 Qantas Points.
Earn up to 1.5 Awards points or 0.6 Qantas Points for every $1 spent up to and including $5,000 in a statement period on eligible purchases.
No monthly fee if you spend at least $2,000 during your statement period. Otherwise the monthly fee is $19.
Earn unlimited Awards Points or Qantas Points each year.
Choose to earn CommBank Awards points or opt-in to earn Qantas Points for $60 per year (this will increase to $90 per year effective 3 February 2025).
Cashback benefits for eligible cardholders through CommBank Yello Cashback Offers in the CommBank app.
Pay no international transaction fees for purchases you make overseas or online.

Financial CommBank Yello Credit Card Frequent Flyer MasterCard Qantas Frequent Flyer Reward Points

Related Stores

Commonwealth Bank
Commonwealth Bank
Qantas
Qantas

Comments

  • indianregulator on 24/01/2025 - 11:53
    +1

    Got knocked back for this last time, not sure if I want to apply again!

    • Matt P on 24/01/2025 - 16:33

      Worth making sure they have your details correct as the initial assessment is done by AI apparently. It had my expenses down as 10k a month higher than i stated in the application so it declined me, speaking to a real (quite helpful) human they spotted it straight away and i had an approval 15 minutes later.

    • Brick50 on 24/01/2025 - 18:09

      Not surprised, my partner was only pre approved for up to 4k. She had no other cards at the time and has previously had 2x 15k limits at once

  • rjams23 on 24/01/2025 - 11:56
    +1

    bonus points not eligible if you already received award points from other CBA cards

    • basicerno on 24/01/2025 - 12:31

      Thank you good to know! I have an Ultimate awards card and was going to get the wife to get this one to stack the points.

  • povertytrap on 24/01/2025 - 12:01
    +1

    Knocked back as well.

  • moortoozzy on 24/01/2025 - 13:33
    +4

    "Bonus points will be credited within 90 days of each eligible statement period where the spend criteria has been met and will appear on your statement as ‘BONUS AWARDS’. You will be ineligible for the bonus points if your account is closed, switched to another card or in default at any time prior to the bonus points being credited to your account. "

    So basically you will need to have card for 7 months to get maximum amount of points.
    And meet spending criteria all these months to avoid monthly fee

    • DevlicK on 25/01/2025 - 16:47

      Not necessarily. Haven't held this card before but most cards will say that bonus points are credited within 90 days but from experience, I find that they're usually pretty quick and the bonus points will be credited in the next statement.

      I got credited the bonus points from the Ultimate Awards card pretty quickly a couple years ago when they gave out bonus points.

      Edit: seeing comments further below seems to suggest that there is a long waiting time for bonus points to be credited though

      • countmein on 27/01/2025 - 08:02

        Yep i got diff experience from my Mrs card less than 2 years ago, it was credited within 3 billing cycle

    • Edgecrusher on 31/01/2025 - 09:59

      The only positive I can see in this is if you have already hit a milestone, such as points club plus and have a number of months until your next membership year hits, you can use this downside to push the points into your next membership year.

      Tring to find some positive out of a pretty ordinary feature.

  • countmein on 24/01/2025 - 14:16
    +7

    Second the experience above.

    You thought they will credit the first 15k pts in the first (one or) two statements? Wrong
    They said they will credit the 15k bonus pts in 90 days (since the minimum spent).
    You then wait 2 billing cycles + 90 days and expect the first 15k pts arrived? Wrong
    You have to complete and wait all 4 billing cycles (15k x4) + 2 first billing cycles + 90 days = 9 months!
    I am still waiting mine (7 months now).

    Opened 3 support tickets via ceba chat and a phone call to figure this out. Beware

    • Azhura on 24/01/2025 - 14:52
      +2

      Agree, My one is the same.
      keep away from this credit card.
      The worst credit card that I ever applied.

      • Brick50 on 11/02/2025 - 12:45

        "Bonus points will be credited within 90 days of each eligible statement period where the spend criteria has been met and will appear on your statement as ‘BONUS AWARDS’."

        Surely worth having a chat to AFCA if they aren't willing to play by their own rules?

    • Jadeja on 24/01/2025 - 15:34

      You saved my timing contacting CBA. Thanks.

  • ChmpgneTasteBeerBdgt on 24/01/2025 - 14:42
    +1

    I just received my card a couple of days ago. Not awfully pleased to see the comment above about having to wait 9 months for points to be credited.. but on the plus side, it'll be easy to spend $2K a month so this is a very cheap way to get 60K QFF points, complimentary travel insurance and no international transaction fees. Sign up process was more annoying than usual..

  • vawiyoci on 24/01/2025 - 15:00
    +1

    Is it hard to get Yello activated starting as a non-CBA customer? ie open a smart access account, make the 5x or however many transactions then it's automatically there or does it take awhile?

    • powerhead on 24/01/2025 - 15:27
      +1

      all as you described plus you have to wait until the end of calendar month making sure your 5 transactions settle, then another week to actually be enrolled in Yello

      • vawiyoci on 24/01/2025 - 15:33

        Thanks. Is it one and done or gotta repeat the 5x transactions every month? Also wonder if you need to keep Yello for the entire duration of the offer to get the bonus at the end or only during the sign-up application.

        • powerhead on 24/01/2025 - 15:48
          +2

          eligibility is assessed every month int he first week of the month, once you get the actual credit card it's easy to remain in Yello as you have to spend to get the sign up bonus and waive the monthly fees

          • Tock on 26/01/2025 - 12:39

            @powerhead: Alas I thought I was still Yello with a recently closed account and then got this card approved. App says not Yello. Now hoping the CBA systems aren't smart enough and I can sneak back in to Yello AND get the bonus points. May be dreaming, will attempt some phone whinging to see if good will is a thing with banks.

            • thecheapest on 21/02/2025 - 15:44

              @Tock: I also made this mistake.. how did you get on trying to see about getting the bonus offer added to your CBA Smart Awards card retrospectively?

              • Tock on 21/02/2025 - 15:59

                @thecheapest: Yeah no where just yet as all indidcations from posts are that bonus points don't come in until the end of the 4 month period?

  • tunzafun001 on 24/01/2025 - 16:17
    +1

    CBA is the worst bank for basically everything.

    You will get rejected, then go through AFCA. Will then get approved, but they won't follow AFCA findings to remove 3 credit checks. Back to AFCA.

    CBA is a hot mess of everything. Avoid.

    No idea how they are the biggest company in Australia….we should be embarrassed.

    Not going to neg the deal….but if I could neg the CBA experience…I would 1000x over.

    • sween64 on 24/01/2025 - 16:39

      Why not neg the deal? People seem to be afraid

    • Brick50 on 24/01/2025 - 18:10

      Can you explain going through AFCA after getting rejected? Aren't they allowed to reject you for whatever reason they feel is justifiable?

      • tunzafun001 on 25/01/2025 - 01:26

        Well, I held them to account. Basically along the lines of if you are going to take / use my credit check then I need to know why. Step 1 is a complaint. Found they always referred to income in the last 30 days (I took leave, so my income changed in that time period), but they took forever to process it, so was their fault for dragging it out. Their T&CS say must provide income evidence within the last 60 days. Days 30 to 60 were consistent. I pushed that I had met the T&Cs when I applied, and it got up. The process took so long, they then ran a 3rd credit check. I then challenged that as well and got the first two removed.
        Been through similar with ANZ and HSBC
        .CBA was the worst. The others were "trying" to get it through, CBA had no interest and only move when pushed.

        • Brick50 on 18/02/2025 - 20:15

          So to confirm every time you get rejected for a CC you make a complaint with AFCA?

          • tunzafun001 on 18/02/2025 - 21:40

            @Brick50: Only been rejected twice. Both times they couldn't give me a reason that doesn't conform to their t&cs. I was successful both times.

  • gungirlyuna on 02/02/2025 - 23:35

    Smart awards or ultimate awards is better?

  • WhatsTheBigDeal on 03/02/2025 - 08:34

    Mine got rejected as well. Conditionally approved on 24/01. Uploaded required documents on the same day. Credit check (only one) on the same day and no email or anything after saying conditionally approved on 24/01. Just checked the application through Netbank "manage my applications" and it said declined.
    Poor communication imo too.

  • signups on 12/02/2025 - 12:21

    Wait, so its 15000 QFF points every month? So 180,000 points in a year?

    edit…saw the page…my bad. 60000 points max.

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