Comm Bank to issue AMEX... changes to QF/Velocity point earning

[drron]

This is what I mean

I mean mine isnt used.

 

[lovestotravel]

23rd of October is the launch date of the Amex card looking at the notice I received.

What IS interesting is that the next set of changes occur on the 1st of Feb 2010.

So if I am reading this correctly

Between the 23rd October and 1st of Feb 2010:
Amex 3 points per $1 spent
WHICH as I am enrolled in Qantas Direct Earn
Will be transferred at a 1 for 1 rate?

Do I smell a good promotion rate here for a few months of usage of 3 QF points per $1 ??

 

[Diesellife]

Yes, its a promotion here...3 Amex from NOV (They don't send out the card until early Nov) until end of Jan...so 2.5 months 3:$1 promotion but after that, it renders useless... LOL (Because the new annual fee and points cap)


So its good for those people who ALREADY have CBA credit cards and provided their point cap has not yet been reached... LOL

 

[lovestotravel]

I don't see any change to the annual fee on the Plat Card or the points cap

 

[Mal]

I don't see any change to the annual fee on the Plat Card or the points cap

It is going up:

http://www.commbank.com.au/personal/apply-online/download-printed-forms/ADB1682.pdf

Not sure about the points cap - not something I've ever had to worry about or research!

 

[lovestotravel]

Looks like I will abuse the card until 10th of Feb for 3 QF points per $1 then cancel it.

I am not interested in 0.5 QF points for $1 for VISA at $250 per year.

 

[mick]

Looks like I will abuse the card until 10th of Feb for 3 QF points per $1 then cancel it.

I am not interested in 0.5 QF points for $1 for VISA at $250 per year.

Neither am I. My annual fee of $200 fell due this month and so I called to cancel the card - it wasn't being used, anyway. I had to laugh when the card closure rep said to me, in an effort to spell out the advantages of the new card structure:
"even though Amex transactions do sometimes attract a surcharge, you even earn points on those surcharges!"... :shock:

They're just too good to us!

 

[lovestotravel]

Neither am I. My annual fee of $200 fell due this month and so I called to cancel the card - it wasn't being used, anyway. I had to laugh when the card closure rep said to me, in an effort to spell out the advantages of the new card structure:
"even though Amex transactions do sometimes attract a surcharge, you even earn points on those surcharges!"... :shock:

They're just too good to us!

:shock: That is a new one "earning points on the surcharges" :shock:

As I have said I only have very small amounts that go through on my VISA card nowadays and to earn 0.5 QF points per $1 for $200 per year annual fee is simply not worth it for me.

I ditched Origin Energy last month for my Power & Gas so that removed the last big transaction on my VISA card each month.

The only other one left is HBA who do not accept Amex.

I will miss my high credit limit on the VISA though

 

[WA flyer]

Called CBA C/S today to organise an Amex to accompany my rarely used CBA M/C. The person I spoke to said that it would earn 3:1 with an additional point per $ untill Feb.
This doesn't sound right, but I certainly won't complain if that is the case.

I was wondering what to do for my future Amex spend, after first the Earth Plat and now the Krisflyer 3:1 drawing to a close.I'm not in a hurry to return to my Amex MR now that it is 1.25:1.

 

[lovestotravel]

Called CBA C/S today to organise an Amex to accompany my rarely used CBA M/C. The person I spoke to said that it would earn 3:1 with an additional point per $ untill Feb.
This doesn't sound right, but I certainly won't complain if that is the case.

I was wondering what to do for my future Amex spend, after first the Earth Plat and now the Krisflyer 3:1 drawing to a close.I'm not in a hurry to return to my Amex MR now that it is 1.25:1.

Interesting - Considering the amount of $$ I need to spend in NOV-JAN this could be a VERY nice little earner for me.

I am holding back on spending on my Westpac KF card for a bit to see if CBA delivers 4 points per $1...

HMmmmmmmmmm

 

[WA flyer]

Just received an email from Comm regarding new cards,
no new info on points earn yet!


"You should receive your new cards from 1 November 2009. To find out more about your new cards, visit Commonwealth Bank Group - Credit Cards Expect More "

 

[jakob]

Sorry if I missed it, but you can now request the amex
Commonwealth Bank Group - Credit Cards Expect More

have requested mine (agreed they do look good) hopefully will get it early and have the whole 3 months of extra AMEX points.....

jakob.

 

[Diesellife]

How do you justify the annual fee too?
It is amazingly high and have cap (Even on Amex). LMAO!

 

[jakob]

i justify it by not paying it....

its included in the so aptly renamed 'debt' (wealth) package on my mortgage...

jakob.

 

[Diesellife]

i justify it by not paying it....

its included in the so aptly renamed 'debt' (wealth) package on my mortgage...

jakob.

are we talking about the platinum in here???
coz the last time i checked, the wealth package is only waiving credit card up to gold.

 

[jakob]

Well it is definitely platinum and I haven't been paying for it.... don't know if its a mistake or of they have discretion in what they offer...

But thinking back to when i got my mortgage it was definitely platinum that the guy from commbank said would be included in the wealth package..

I haven't looked to see if he was wrong...

Jakob.

 

[Keith009]

Called CBA C/S today to organise an Amex to accompany my rarely used CBA M/C. The person I spoke to said that it would earn 3:1 with an additional point per $ untill Feb.
This doesn't sound right, but I certainly won't complain if that is the case.

Here we are:

Commonwealth Bank Group - Personal - Platinum Card Rewards & Features

Coming Soon! Earn up to 3 Commonwealth Awards points per dollar spent on a Commonwealth Bank American Express® Card. Awards card customers will have the opportunity to request an American Express Card on their existing Awards credit card account. You still get the convenience of acceptance at over 29 million locations with your MasterCard®, but you also get the benefits of two cards with the simplicity of one account, one credit limit and balance, and one statement. To make the most of your account you will need to request your Commonwealth Awards American Express Card and your new look MasterCard.

I believe it's 2/$ spent for Gold, 1.5/$ for Green.

Now it seems my options are limited to Westpac or Citibank if I want 1:1 VI/MC....

 

[Flashback]

Here we are:

Commonwealth Bank Group - Personal - Platinum Card Rewards & Features

I believe it's 2/$ spent for Gold, 1.5/$ for Green.

Now it seems my options are limited to Westpac or Citibank if I want 1:1 VI/MC....

I thought the Westpac was 2 altitude points for 1 QFF point though?

 

[Keith009]

I thought the Westpac was 2 altitude points for 1 QFF point though?

The Krisflyer card is 1:1 for the Platinum VISA.

 

[WA flyer]

I thought the Westpac was 2 altitude points for 1 QFF point though?

So for non Amex spend, it is Citibank for QFF or Westpac for Krisflyer at 1:1!