Dr Ralph
Enthusiast
- Joined
- Jan 21, 2014
- Posts
- 13,365
- Qantas
- Bronze
- Virgin
- Red
100,000 Bonus Awards Points when you apply for a new CommBank Ultimate Awards credit card by 30 May 2020 and spend $5,000 on eligible purchases using your new card within 90 days from activation.
What you’ll get
Usual 12 month and existing customer exclusion period:
'Offer excludes all existing cards, switches from other card types and is not available to customers who currently hold, or have held, any Awards card types in the 12 months prior. '
I realise the transfer rates aren't great, but this may be worth a quick churn?
From what I understand Qantas points transfer at a rate of 2.5 award points to 1 airline point. So 100,000 award points = 40,000 Qantas points There are other places to transfer points as well, including Velocity which may have better transfer rates.
Ultimate Awards credit card - CommBank
What you’ll get
- Earn up to 3 Awards points for every dollar spent up to $10,000 in a statement period
- No monthly fee* if you;
(i) spend at least $2,500 on your Ultimate Awards credit card in your statement period and
(ii) choose to receive online statements - Pay no international transaction fees for purchases you make overseas or online
Usual 12 month and existing customer exclusion period:
'Offer excludes all existing cards, switches from other card types and is not available to customers who currently hold, or have held, any Awards card types in the 12 months prior. '
I realise the transfer rates aren't great, but this may be worth a quick churn?
From what I understand Qantas points transfer at a rate of 2.5 award points to 1 airline point. So 100,000 award points = 40,000 Qantas points There are other places to transfer points as well, including Velocity which may have better transfer rates.
Ultimate Awards credit card - CommBank
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