Commonwealth Bank Offering 40000 Qantas Points

It is an offer that ran earlier this year, and now it is back. The Commonwealth bank is again offering a sign up bonus of 40,000 Qantas Points for new application for their Platinum Awards card. In addition to the sign up bonus, the offer includes a waiver of the annual fee for the first year.

The basics of the offer are:

  • 40,000 bonus Qantas Points when you apply online for a new CommBank Platinum Awards credit card by 5 December
    2015 and spend at least $500 on eligible purchases using your new card by 5 February 2016.
  • Plus, no annual fee in the first year^ on the Platinum Awards card (saving of $249).
  • A $10 annual Qantas Frequent Flyer Direct opt-in fee does apply (increasing th $30 per annum on 2 November 2015) .

The ongoing earn rate for this card is tiered, and has an
overall cap of 100,000 points per year. The earnings structure is as
follows:

Points
CommBank Awards
American Express®
Platinum Card
CommBank Awards
Platinum MasterCard®
0 – 60,000
points
1.25 Qantas Points
per $1 of eligible spend**
0.5 Qantas Points
per $1 of eligible spend**
60,001 –
100,000
0.5 Qantas Points
per $1 of eligible spend**

For the first 60,000 Qantas Points earned per year the Mastercard pays 0.5 points per dollar, while the American Express pays 1.25 points per dollar. After 60,000 Qantas Points have been earned in a year, the earn rate on the American Express card drops to 0.5 points per dollar, matching the Mastercard earn rate.

Note that Commonwealth Back has recently announced it is removing the ability to earn points on ATO spend.

For further information, refer to the promotion page.


[Previous offer dates]
40,000 bonus Qantas Points when you apply online for a new CommBank Platinum Awards credit card by 5 July
2015 and spend at least $500 on eligible purchases using your new card by 31 August 2015.

Be the first to comment

Leave a Reply

Your email address will not be published.


*