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40,000 Qantas FF Points with Commbank Platinum Awards Credit Card (All Fees Refunded)

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40,000 Qantas FF Points with Commbank Platinum Awards Credit Card (All Fees Refunded)
Go to Deal
ahara on 08/10/2015 - 23:30 commbank.com.au (8016 clicks)
Last edited 08/10/2015 - 23:31

Receive 40,000 Qantas Frequent Flyer points after you spend $500 before the 5th February 2016. All fees are refunded within 90 days.

Important: No mention in T&Cs that this offer is for new customers only. Should be valid if you took up other CommBank offer recently but have cancelled that card.

From website:

Take off with 40,000 bonus Qantas Points when you apply for a Platinum Awards credit card via this webpage by 5 December 2015 (activating by 5 January 2016) and spend at least $500 on eligible purchases using your new card by 5 February 2016

Plus you’ll enjoy $0 annual fee for the first year. We will refund your annual card fee within 90 days of card activation (a saving of $249).

By applying via this page you will be opted in to Qantas Frequent Flyer Direct. An annual opt-in fee (currently $10, $30 from 2 November 2015) applies. This will be refunded for the first year within 90 days of card approval. For each subsequent year the then current Qantas Frequent Flyer Direct annual opt-in fee will apply.

Financial Credit Card Frequent Flyer Qantas Frequent Flyer Reward Points

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closed Comments

    • ahara on 08/10/2015 - 23:35
      +106

      Can you give them a call and ask please. I'm going to bed now. Thanks jv

        • ahara on 08/10/2015 - 23:38
          +17

          From T&Cs just for you:

          Spend on your credit card account consists of eligible purchases only (balance transfers, payments to the Australian Taxation Office [effective 2 November 2015] unless made using a Business Awards Card, cash advances, and BPAY transactions are excluded) – refer to the Commonwealth Awards Programs Terms and Conditions for all the information.

        • Lovemybargains on 09/10/2015 - 07:43
          +5

          Oh jv you are a grumpy 😡 little man.

          Lovemybargains on 09/10/2015 - 07:43 (Collapsed - Offtopic. Show)
        • easternculture on 09/10/2015 - 11:32
          +9

          have you called them yet jv

        • griftr on 09/10/2015 - 13:17

          @Lovemybargains:

          how do you know he's little?

        • jv on 09/10/2015 - 15:07
          +2

          @griftr:

          how do you know he's little?

          Lovemybargains is married to my gynecologist…

  • furythree on 08/10/2015 - 23:36
    +3

    goddamn i just"upgraded" to this card

  • easternculture on 08/10/2015 - 23:40
    +18

    Still waiting on the refund of annual fees and QFF points from previous offer.

    CBA is a joke

    • furythree on 08/10/2015 - 23:42
      +3

      whinge on their facebook

      • easternculture on 08/10/2015 - 23:43
        +10

        i prefer whingepool

        • furythree on 08/10/2015 - 23:44
          +9

          i meant it seriously

          gets me a refund, credit, problem resoluton with any company within 24hrs

      • JohnHowardsEyebrows on 08/10/2015 - 23:50
        +1

        Correct. Twitter also does the trick. It works for any big company with a Twitter account. They do not like seeing negative posts going unanswered.

        • [Deactivated] on 09/10/2015 - 11:06
          +4

          LOL. Maybe you should draft messages for Dodo customers. I was on their page recently for a competition. A long list of people were saying keep the car - just give me internet that works.

    • edy4eva on 08/10/2015 - 23:50

      Same here! I met the criteria in early May.

    • robhung on 09/10/2015 - 00:37

      I got mine eventually, takes awhile!

    • eggboi on 09/10/2015 - 02:13
      +2

      Open a dispute with the FOS (www.fos.org.au), but only after you can show you've already complained to CBA. FOS disputes get resolved quickly because the company you are arguing with pays for the dispute resolution process, which is how the FOS is funded - same as the TIO in the telco industry. Works wonders. I think FOS only steps in 45 days after you first raise the issue with the bank though.

    • daveee on 09/10/2015 - 12:32

      Likewise. I am nearly at 90 days for the $1000 of purchases that needed to be made also. Hoping it'll come through on day 90/91.

    • Bren20 on 09/10/2015 - 14:17

      Mine came through no worries

    • jameslee79 on 09/10/2015 - 18:20
      +1

      Same here and totally agree with you. CBA is a joke!

  • cryptos on 08/10/2015 - 23:58
    +2

    Should be valid if you took up other CommBank offer recently but have cancelled that card.

    Not confidant given my last experience of of CommBank

    • JohnHowardsEyebrows on 09/10/2015 - 00:16
      +8

      I think jv only upvoted this comment because some of it was bolded.

      • cryptos on 09/10/2015 - 20:35

        Yay an up vote from JV :)

        I did over-bold it, to emphasise my previous frustrations! :)

    • inherentchoice on 09/10/2015 - 09:39

      What if I still haven't cancelled my card from the last CommBank offer. Presumably I can cancel it today and then apply for this offer by 5 December?

      • Clarafina on 26/10/2015 - 22:55

        Did anyone find out yet whether this was definitely the case?

  • gm3stevens on 09/10/2015 - 00:10

    Thanks OP!

  • Zackyis on 09/10/2015 - 00:13

    Guess its time to upgrade from my normal CBA awards card =D

  • enzioFirenze on 09/10/2015 - 00:23

    CBA recently sent me a Platinum debit card pointing out that it had loads of other benefits, I've started using it but haven't realized a single benefit over my old one lol ;)

    • Clear on 09/10/2015 - 06:50
      +1

      Everyone thinks its a credit card. MSY have tried to charge me extra every single time.

      • enzioFirenze on 09/10/2015 - 09:44

        oh yeah, wonder why :-O

    • antler on 09/10/2015 - 16:08

      The only benefit is to them. It costs merchants more to accept "platinum" cards over normal credit cards. Yes, your debit card still occurs the associated Mastercard processing fees…

  • muncan on 09/10/2015 - 00:31
    +2

    But I'm still waiting for my 40k from the last deal?

    • Maz78 on 09/10/2015 - 08:32
      +1

      Same.. Been about 4 months and nothing. They said it can take up to 90 days from the end of the offer period.. So should be a few weeks away.. (From memory)

      • muncan on 09/10/2015 - 09:18

        Up to 150 days for me :-(

      • walugi on 07/11/2015 - 13:49

        you need to call them. i did and i got it 10 days later

  • [Deactivated] on 09/10/2015 - 00:37
    +3

    Minimum income required??

  • robhung on 09/10/2015 - 00:39
    +1

    I've actually made this card my regular card since the last deal, but is anyone game enough to cancel it and re-apply? "Should be valid" doesn't feel reassuring to me..

    • noskich on 09/10/2015 - 01:05

      Thinking about the same thing. Would have cancelled already, but I have a scheduled trip overseas so kept it for insurance.

  • povertytrap on 09/10/2015 - 01:04
    +1

    Thanks OP, great post.

  • wildstone on 09/10/2015 - 02:27
    +3

    How much are the points worth in money term?

    • noisuf on 09/10/2015 - 06:31

      Costs 37300 points to get back $250 myer gift card and 35000 points for david jones egift card at the qantas store. They don't don't offer prepaid cards as an award unfortunately.

    • sirob1 on 09/10/2015 - 08:09
      +2

      Using them for business class flights makes them worth the most (1-2c each). Using them for gift cards they are only worth about 0.6c

      • illumination on 09/10/2015 - 12:52
        +4

        But what if:

        • You don't actually value the business class tickets at the price they're being sold for? i.e. If you were to pay cash, would you pay for it?
        • You don't fly often (or at all)
        • A revenue ticket on the day you wish to fly is
          Economy Class: $100/8000 points
          Business Class: $1000/16000 points
          If you had the options above presented to you, and you had either the option of paying cash or points, what would you do?
          You probably wouldn't pay $1000 for business class, so you can't value the 16000 points at $1000.
          You can't value it at 10x the value of economy class because you weren't planning to buy it anyway.
          If it was $200 for business class and you would have bought at that price, then maybe you could value it in such a way.
          Another consideration - are you just trying to get from A to B for the cheapest price? If so, the business class consideration is scrapped completely.

        It's like buying a Ferrari for $100k and saying "I saved $150k!". If you weren't planning to buy it in the first place you've just spent to save money.

        That's why it's easier to value gift cards, because a $250 Coles/Woolies gift cards is almost guaranteed to be used used up by you or me or anyone else close enough to a Coles/Woolies. So it's $250 regardless.

        • danielh on 09/10/2015 - 16:29

          Agree that 40,000 QFF is approximately $250 in value. Anecdotally, when looking up the Apple watch in the Qantas store (https://store.qantas.com/Catalogue.a2?Page=ViewProduct&Produ…) this costs $579 RRP (or 93,300 QFF points).

          Working out that maths in this case means that 40,000 points is equal to $248.17.

          Personally I use my points to get my MEL-LHR retuen flights each year as a typical $2,200 high season exonomy ticket will cost me 128,000 points and about $1,000 in taxes. The breakeven for me would be a return MEL-LHR for AU$1,794 (assuming $1,000 taxes again) so any ticket price above that means my points are working 'harder' then the gift card rate.

          How you use your points is your perogative but $250 for 40,000 is a good baseline to use.

      • inherentchoice on 09/10/2015 - 15:24
        +4

        Say you used points for a business class flight to Sydney. You're on the plane for 1-2 hours and you get good food and service. But then it's over.

        Alternatively you could've got a $70 flight to Sydney on Tiger and redeemed your points for $100s worth of gift cards to spend on things you need.

        I'm not about to use my points for a business class flight anytime soon. I agree with illumination.

        • noskich on 09/10/2015 - 16:20
          +1

          Same here. Tiger, Air Asia, Cebu pacific are my carriers of choice. Load the tablet with movies and games (which by the way I got from Qantas points at David Jones), prepare some small snacks, maybe order a $5 meal if its a long flight and thats all I need. All points I use for Wish gift cards which are good for Woolies, BWS, Dan Murphy`s and Big W buying stuff I would have bought anyway like food and Opal recharges. When I exhaust all points I am back to Aldi and Indian and Chines groceries with small purchases at Woolies or Coles only when they have a very good deal again for items I would buy anyway like half price and two for one. Business class is useless for me, unless it is free.

        • illumination on 09/10/2015 - 16:49
          +3

          I am not saying there is no value in Business Class and I am not saying people should not pay extra for it just because once the flight is over, it's over (because by the same logic, there's no value in going to a musical or a theme park either).

          I just mean that it's important to not make blanket statements such as "use it business class! it's better value!"

          It really depends on the individual and their flying habits + desires.

        • noskich on 09/10/2015 - 17:13
          +1

          @illumination:
          Well sure, for example if I am badly wanting to relocate overseas and I have a third round interview overseas for a job which is amazing I might see value in being able to sleep more comfortably in business class. But on holidays I see no point as I`m not in a hurry nor is not sleeping enough a problem. That value has to come from a very real need for me, not only from general 'it is more comfortable', 'spoil yourself', 'you only live once', has to add real value fit for purpose.

        • illumination on 09/10/2015 - 17:19

          @noskich: I completely agree

          And as I've read somewhere on here before, having a strong preference for premium classes of travel seems to be very un-Ozbargain like..
          Surely you'll just be like, I wanna get from A to B…
          and then with the $500-5000 that you saved from not flying business class, you could (if you wanted to) now spend it on a 5 Star hotel for several nights instead of some cheapo motel!

          If you're like me you'll probably still pick, maybe not a motel, but cheaper accommodation by using the same logic of "I want to get from A to B as cheap as possible". In this case it's "I want to sleep in a bed that's comfy enough for the cheapest price possible". Obviously other considerations come into play here, such as safety, location, convenience..

    • tonyjg on 09/10/2015 - 09:04

      points for me : say return trip from Sydney to Melbourne Q Business Class - which can range from $500 - 800 depending upon your timing and travel plans.

      just applied - though I'll need to lower the credit limit that they initially gave me (11,000 - that's FAR TOO MUCH) - in any case, just get the points and close account soon after.

    • inherentchoice on 09/10/2015 - 09:57

      $1 = 150 to 160 QFF points.

      39,000 QFF points = $250 Woolworths WISH eGift Card

      • wildstone on 09/10/2015 - 09:59

        Hmm… so about $250 worth for a hit on your credit file. May I know those who constantly took up these reward deals, how many credit enquiries have you had in a year and how does it impact your credit file?

        Just really didn't want to ruin the credit history in case I need a big loan later.

        • muncan on 09/10/2015 - 10:17
          +4

          Your score: 561
          OKAY. This score indicates moderate risk to many lenders. They might expect a proportion of people in this category to have serious problems repaying credit.

          Your credit enquiries:

          Date:30/08/2015
          Financial institution:National Australia Bank Ltd
          Product:Revolving Credit
          Amount:$2,000.00
          Industry:Bank

          Date:1/06/2015
          Financial institution:American Express New Accounts
          Product:Revolving Credit
          Amount:$0.00
          Industry:Card finance

          Date:10/05/2015
          Financial institution:CBA RBS Credit Cards Surveyor
          Product:Revolving Credit
          Amount:$6,000.00
          Industry:Bank

          Date:10/03/2015
          Financial institution:Westpac
          Product:Revolving Credit
          Amount:$15,000.00
          Industry:Bank

          Date:22/01/2015
          Financial institution:National Australia Bank Ltd
          Product:Revolving Credit
          Amount:$6,000.00
          Industry:Bank

          Date:4/11/2014
          Financial institution:National Australia Bank Ltd
          Product:Revolving Credit
          Amount:$2,000.00
          Industry:Bank

          Source: https://www.creditsavvy.com.au/member/report-card

          Actually not all my enquiries have been listed (I had 6 Westpac cards, and Woolworths isn't listed).

          Don't forget to cancel your card(s) when you receive the bonus points!

        • wildstone on 09/10/2015 - 10:23

          @muncan:

          Thanks muncan, wow very informative. So with this kind of score and this kind of enquiry did you still get approved by NAB in August? Or did you apply for this CBA deal and got it?

        • muncan on 09/10/2015 - 10:30
          +1

          @wildstone: I've been sitting on 561 for a long time now. Probably since I cleaned up Westpac. The only card I've been knocked back for was the AMEX 100k points, but was approved for NAB and Woolies soon after. I reckon* all lenders have their own criteria, and credit score is considered differently by each.
          * Not a doctor.

        • bluedufflecoat on 09/10/2015 - 11:17
          +1

          @muncan: that's a good website, thanks.

        • Peanut money on 09/10/2015 - 13:23

          @muncan:
          But then you miss out on the Amex offers

        • griftr on 13/10/2015 - 03:40

          @muncan:

          hi muncan, do you know if using creditsavvy affects your credit score? The website getcreditscore.com.au promotes the fact that it doesn't affect your credit score by doing a search with your details.

        • muncan on 13/10/2015 - 08:43

          @griftr: I can't confirm nor deny.

      • CheapskateQueen on 09/10/2015 - 19:17

        i just realised they increased the points required for gift cards!! damn it.

        WW egfitcards are now 42,300 for $250!! Earlier this year I calculated that 50K points = $350 in vouchers. I'm sure it was something like 37,500 for $250 back in may.

  • wako on 09/10/2015 - 03:59
    +1

    I got my refund of fees 7 days after paying them.
    and got my points after the 3rd month I think it was..

    Still trying to work out if I convert the CBA points to QFF or get a $550 Flight centre voucher…
    saving for 2nd Buisness RTW ticket, so 40k points would be a good chunk into next ticket. But $550 at flight centre I think has better short term value

    • surm on 09/10/2015 - 14:39

      Can you give some more information on this?
      By applying and getting this card, can one get $550 Flight Centre voucher?

      • wako on 11/10/2015 - 03:50
        +1

        Im not sure, But I applied the previous deal, And they didnt give me 40,000 qqf points they gave me i think it was 60,000 CBA rewards points, which could be converted to anything in there store Or alternatively a 550$ FC voucher or $400 cash or Hotel VOuchers or Prepaid Visa card with around $500

        1 could only assume it would be the same but I dunno

  • varunynr on 09/10/2015 - 04:27
    +1

    Nice one. Time to apply for another CC. Just in time to close my ANZ platinum and get a new one.

  • Chongy288 on 09/10/2015 - 05:49

    No love for new diamond customers?
    Im just in the process of signing into a home loan with cba and as part of their package one credit card will be fee free.
    Is it worth it to apply for both?
    Surely it isn't work using my one "fee free" credit card on a platinum instead of diamond just for QFF points?

  • tcjm on 09/10/2015 - 06:29
    +3

    Applied last time for platinum card but without telling me CBA sent me the gold card instead n i cancelled straight away…waste of time

    • dw121212 on 02/11/2015 - 16:44

      You dunce :) they sill honour the promo i.e 40k points.

  • noisuf on 09/10/2015 - 06:39

    Anything deep within the terms stopping us from cancelling within the first year?

  • massari on 09/10/2015 - 06:47
    +1

    Sigh..I only just cancelled my old Commonwealth bank credit card yesterday…time to get a new one back :)

  • Mechanist on 09/10/2015 - 07:49

    Got this card last time this offer was up. Was a bit of a pain getting my points and refunded fees.
    You must ring them up after getting your card to link your qantas number to your account.
    Just got my qantas points now so took about 4 months

  • teehee on 09/10/2015 - 08:02
    +1

    can we cancel now and immediately apply for a new one?

  • danielh on 09/10/2015 - 08:08
    +1

    This a Visa card or a combo visa Amex card like the ANZ deal?

    • Shiezy on 09/10/2015 - 09:17

      Its a combo (Master Card + Amex).

  • [Deactivated] on 09/10/2015 - 08:15

    Eligible purchases seem to be anything other than balance transfers and ATO payments from what I could see :)

  • [Deactivated] on 09/10/2015 - 08:16

    Visa and Amex combo

    • danielh on 09/10/2015 - 10:43

      Just to clarify it is a CommBank Awards Platinum MASTERCARD and CommBank Awards American Express Platinum Card.

      Not a Visa.

  • cornucopia on 09/10/2015 - 09:07

    If you plan to take up this offer then do it to get the 40k points then cancel within the first year as the roi beyond that is inferior to many other rewards cards. Citi Visa Gold Business being just one .. 😊 .. !!

  • mr_alligator on 09/10/2015 - 09:14

    Has anyone here used these points on jetstar flights too? Would the flights turn out to be substantially cheap if you redeem lets say a normal sydney to Goldcoast flight? I couldnt sample this as I don't have enough qff points to check the fare.

  • Jonpierre on 09/10/2015 - 09:15

    Hi Guys,

    I was also waiting for the points, but realised they didnt deposited it into my Qantas account but left it as rewards points which is actually the same thing. For those still awaiting their points, maybe just check if its sitting in your rewards account? then you can convert it at your own leisure.

    • ChickenTalon on 09/10/2015 - 10:34

      Can you do that now?

      I remember about 5 years ago you could convert the CBA awards points into QFF anytime, but they removed that so that you need to have auto xfer into QFF. Once they are CBA Award points that's all you can use them as.

  • Associatedrichmond12 @ Commonwealth Bank on 09/10/2015 - 09:23
    +1

    how much is 40K points roughly worth?

    • JohnHowardsEyebrows on 09/10/2015 - 09:35

      Depends on how you use it. If you just get gift vouchers, it's worth about $270-280 from memory. If you buy flights in economy, it's not great value (the taxes and fuel surcharge are high), but if you use for upgrades or business/first purchases, it's worth a lot (about a third of a one-way business class trip to Europe).

      Basically, it's worth progressively more as your balance grows.

      • noskich on 09/10/2015 - 10:00
        +2

        Qantas points dropped in value lately for the gift cards. One used to be able to obtain $100 Wish gift card for 15K points, now it`s 16.4K points. Which is why you should ideally convert the points as soon as you get them as their exchange rate keeps dropping.

        • inherentchoice on 09/10/2015 - 10:10

          I think you're correct but I notice that a Super Cheap Auto $100 card is 14,650 points. Same with Harvey Norman, BCF and Rebel Sport.

        • JohnHowardsEyebrows on 09/10/2015 - 10:12
          +1

          Pricks they are.

        • noskich on 09/10/2015 - 10:25
          +1

          @inherentchoice:
          Correct, but does not help me much as I don`t drive and right now have no need for any new gadgets or clothes. While I need to buy food and recharge Opal card weekly in Woolies… I checked again and to be precise $100 Wish gift card is now 16,250 Qantas points.

        • Porco Rosso on 09/10/2015 - 10:47

          @JohnHowardsEyebrows: Correct, you are!

        • noskich on 19/10/2015 - 16:52

          @Porco Rosso:

          Dropped once again for Wish gift card to 17,570

  • charlessydney on 09/10/2015 - 10:30
    +1

    be honest, Commbank is the worst experience I had in Credit Card application.

    I have applied a card and it was shown on My Commbank online as a successful application, and then it is just dead…

    no one is sending me any new card and no one is contacting me, I tried to email them a few times, but some one just replied saying we will follow up and then again it is dead…

    I tried to call, which I have been forwarded to India….(or some country near that) and I can't understand a word that guy is speaking….

    SO i give up ….

  • Skramit on 09/10/2015 - 10:42

    A generic question….

    Seems signing up to these cards for the ponts then cancelling is the done thing on OzB. How long does the hit on your credit history hang around after you cancel it in say 6 months? Is it as soon as the cards cancelled? Or is there some sort of time frame for your credit to come back up slowly?

    EDIT: Also, the $249 fee is charged at the start right? So you have to pay that off early then it's only refunded 3 months later? On top of that you have to spend $500 correct. So effectively you have to spend $749 in total and you get refunded the $249?

    • Porco Rosso on 09/10/2015 - 10:49
      +2

      I don't think a cancellation shows on your credit history. The credit history generally only shows the inquiries made by financial institutions/lenders and any credit defaults reported.

      • Skramit on 09/10/2015 - 10:52

        Ah ok….and they stay on there forever? I mean the score is supposed to be a sort of "current lendability" score right? So if theres credit inquiries from 5 years ago is that taken in to account in the score?

        Just curious how it works.

    • Jster on 09/10/2015 - 16:38
      +1

      Obviously you should just be spending the $500 on things you would ordinarily have been paying for before you obtained the card. eg. Groceries, utilities etc.

    • 2racha on 09/10/2015 - 17:38

      Also interested in knowing if we ultimately have to spend $749 while we wait to get the $249 fee refunded?

      • Skramit on 09/10/2015 - 18:03

        You would have to unless you want to incur interest on the $249. That was my thinking anyway.

    • CheapskateQueen on 09/10/2015 - 19:35
      +6

      I've done a few of these CC deals the past year and my credit score is pretty crap as a result. Just under 600. So i got my full credit report for free to see what damage I had done. (everyone's entitled to 1 free report per year, or another one if your application gets rejected)

      The full report shows all your applications for credit cards in the past 5 years. This includes credit cards, loans, and even services like Energy Australia.

      The full report also shows what credit cards you currently have open.

      It does not show what CC you opened and subsequently closed. To be clear, your application is reported, but there's no section, yet, that says "card opened 2014, closed 2015". It also doesn't specifically say if your application is rejected.

      Although they are starting to retain new information (e.g whether you pay on time, open & close dates of CCs) Veda doesn't include this info in the report yet.

      If you default on payments for bills/CCs that will also appear on your account.

      TBH I found the report to be… meaningless and was quite disappointed. I mean, in the past 3 years I've gotten a mortgage, few years later refinanced that mortgage (for a better deal), and opened 6-7 credit cards. That's a decent amount of activity and so i expected a lot of info… instead the report was pretty empty. And from that I think that any institution that places a lot of emphasis on the report is stupid. Based on my report it looks like im desperate for credit (hence constant applications) .. instead i'm financially savvy, use CCs to save money and make money, never missed a bill in my life and have paid my closing balance off in full every month for the last decade.

      All in all I say don't worry too much about having "a hit" on your file every now and then. Although I would caution against being a serial FF chaser (like some of us) unless you know what you're doing.

      • jaydeenturk on 26/11/2015 - 12:15

        Out of curiosity, which service did you use to find out your credit score? Thanks!

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