[PSA] Commbank Yello Changes from June 2025

bamzero on 09/05/2025 - 15:19
Last edited 11/05/2025 - 11:32

https://www.commbank.com.au/commbank-yello/latest-changes.ht…

OK for those with a home loan and bucket loads of cash sitting there, but for me just getting shittier.

They start with:

Removal of the CommBank Awards bonus points benefit on eligible Smart Awards credit cards.
Removal of the Contents only Home Insurance Cashback.
Reduction of the Building Insurance and Home and Contents Insurance Cashback from $10 to $8 a month.

But they are adding new tiers.

All still need an eligible transaction account
Yello Basic - 5 transactions.
Yello Plus - 15 transactions and $500 in an eligible balance for any 15 days
Yello Gold - 15 transactions and $50,000 eligible balance for any 15 days, or home loan under $1,000,000.
Yello Diamond - 15 transaction and $250,000 eligible balance for any 15 days, or home loan over $1,000,000

So looks like I'll end up getting knocked back to basic unless I put $500 in their shitty no-interest-earning account they made me open to reinstate the Rewards I had before they changed to Yello.

No idea what the two new tiers will bring, make of it what you will.
I'll have to wait and see if Plus will have any new benefit, at the moment cant say it has much for me anyway. Only use the occasional cashback which hopefully will remain for basic.

Financial CommBank Yello

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Comments

  • Jaduqimon on 09/05/2025 - 15:41
    +1

    So they are offering more to customers that actually use them as a bank and not freeload off? How dare they

    • bamzero on 09/05/2025 - 15:42
      +4

      I'm sure they make plenty enough from me just from my credit card transactions.
      I'd keep my money there too if they were more competitive.

      Anyway, their 5 billion dollar half year net profit tells me they can afford to look after their customers a little…

      • askbargain on 09/05/2025 - 16:40

        Anyway, their 5 billion dollar half year net profit tells me they can afford to look after their customers a little…

        There’s a reason you’re not on the board

        • regenade on 09/05/2025 - 21:50

          Thanks but no thanks CBA Product Manager !

  • Protractor on 09/05/2025 - 15:47

    The CBA charity will miss you dearly.

  • Gdsamp on 09/05/2025 - 15:48

    Soooo generous

  • MS Paint on 09/05/2025 - 16:42
    +1

    Rewards programs are created for one reason only - to get new customers. Once they achieve that it's all downhill.

    • bamzero on 09/05/2025 - 18:30

      Yeh. I've been with CBA for a long time, maybe 30 years, and they used to have a lot more of my business but lost it bit by bit over the years.

      Anyway, don't mind me. I'll always be sour about Yello. Back in the day, pre-Yello, it was a rewards program for their credit cards. Then it got a new name and transaction account requirements got tacked on. At this rate, wont be long before it's a home loan only reward.

  • jv on 09/05/2025 - 16:47
    +1

    I missed out on this…😔

    • bamzero on 09/05/2025 - 18:00

      What I expect to see come July 4th :D (or 3 months later I guess I should say)

  • ozbs25 on 09/05/2025 - 17:58

    The eligible balance is made up of your combined daily closing balance … in accounts including:

    • GoalSaver
    • NetBank Saver
    • Pensioner Security
    • Youth Saver
    • Commonwealth Private Bank
    • Commonwealth Direct Investment
    • Smart Access
    • Complete Access
    • Term Deposit
    • Streamline Basic

    From page 5 of the T&C's pdf.

    I wonder if they will show you what you are missing out on in the higher tiers. Would be nice to know what sorts of benefits you can get.

    • bamzero on 09/05/2025 - 18:10

      You'd think they would to entice you, so far the only mentions don't seem very outstanding though..

      we are also adding additional benefits.

      • Think new discounts to help you save on shopping.
      • Opportunities to win once-in-a-lifetime experiences.

      Especially for that diamond tier, wanna be something impressive.. I mean if someones got over $250k cash sitting in the bank, good on em.. but are they gonna be worried about an extra $50 cashback a year?

      • megamilinda on 06/06/2025 - 22:25

        We're on diamond and that's because majority of it sits in the offset accounts, $48 is still better than nothing.

        • bamzero on 07/06/2025 - 18:26

          Yeh, though I thought Everyday Offset accounts weren't considered eligible balance, unless you can use one of the others to offset. I don't have any CBA loans so don't know how they work it.

          Of course anyone with loans over 1,000,000 the balance doesn't matter, and with house prices these days not unlikely.

  • Choc0 on 09/05/2025 - 20:10
    +3

    If only a bunch of overseas banks could launch their products here and cause a bit of a splash. The big four look like they have the market cornered and are treating customers accordingly.

    • bamzero on 10/05/2025 - 11:14

      Wait till it goes cashless and they have full control over our money…

    • mmd on 05/06/2025 - 00:24

      Some have tried but unfortunately bail out i.e. Citibank being sold to nab

  • 6079 Smith on 10/05/2025 - 08:39

    I’m still salty they pulled the credit card cashback offers, rebranded it as Yello and made you get a transaction account to access them.
    As someone who does 0 transactions with a debit card I just don’t think it’s worth the effort

    • daanish on 10/05/2025 - 09:31
      +1

      I don't hold a CBA CC, I just have a transaction account and I don't use the debit card on it.

      All of my CBA transactions are just transferring money in/out of the account via PayID or to other banks and I've been consistently eligible for Yello offers.

      • 6079 Smith on 10/05/2025 - 11:41

        Oh really, maybe I should try again and set up some $1 transfers. Will probs have to cycle $2k in and out every month to avoid account fees tho

        • bamzero on 10/05/2025 - 13:04

          If you still have the credit card the transactions from that count, but CC not a requirement.You just need to have a transaction account too, and yeh move $2k around to avoid the fee.

          • 6079 Smith on 11/05/2025 - 11:03

            @bamzero: I have the Ultimate and last time I tried it I chatted them and was told they didn’t count. It seems that one isn’t on the list

    • bamzero on 10/05/2025 - 10:56
      +1

      Yeh same. It was a credit card reward first. I played their game and got a transaction account, transfer to account first rather than bpay to pay off credit card which cancels account fee without too much mucking about. Sorted. So they move the goalposts.

      Hardly like I profit from it anyway, but helps offset their fees. In the last 12 months my total cashbacks were about the same as the increase to their annual CC fee so you know who'll always be winning.

  • kawinuyo on 10/05/2025 - 17:58

    When I clicked on the More Telecom offers and went to the page they had a warning that the More offerd wouldn't be for everyone anymore, suggests itd only rhe homeloan account holders.

    • bamzero on 10/05/2025 - 18:15

      Just had a look, not sure if I'm getting a different message to you but I'm seeing that it won't be available at all from June 4.

      Important: We are making changes to our More offers for CommBank Yello customers. As part of the changes, we will be removing the CommBank Yello Everyday Plus nbn® offer from 4 June 2025. This offer will only be available to CommBank customers that are part of the CommBank Yello Everyday Plus benefit set who meet the eligibility criteria for this offer and complete sign up before 4 June 2025.

      • kawinuyo on 10/05/2025 - 20:49

        Oh you are right, i just skimmed it and thought it was the different tiers rather than just remove. Damn. Will try and see if I can apply the new code and at least extend another year.

  • powerhead on 10/05/2025 - 21:10
    +1

    At least they made it easier to qualify for the Plus tier with 15 transactions vs the current 30

  • AussieDaddy on 11/05/2025 - 00:15
    +1

    I thought the change is from June, not July?

    • bamzero on 11/05/2025 - 13:06

      Oops ;)

  • powerhead on 19/05/2025 - 22:40

    can anyone clarify with these new T&Cs, should I have put 500 in cba transaction account by 15th May to qualify for the Plus tier?
    The booklet is confusing as it references "prior month" in all eligibility criteria.

    • bamzero on 19/05/2025 - 23:50
      +1

      Yeh unclear whether tier would have already been assessed for June since new T&Cs take effect on 4/6, maybe only apply for July.

      Also says Yello eligibility and tier level last 3 months so really only need to drop $500 in there for 15 days every 3 months.

      • powerhead on 20/05/2025 - 08:39

        Yeah T&Cs are unclear on the transition period.

        Another thing, looks like they assess CDIA cash accounts, but not the commsec holdings value. Doesn’t make sense.

        • bamzero on 05/06/2025 - 00:35
          +1

          Guess prior did mean before the changeover. I'm bumped down to Basic, eligible transaction counter at 0/5.

    • bigbillj79 on 04/06/2025 - 21:54

      Hey mate yep I’m yellow diamond what did you want to test out

  • mmd on 05/06/2025 - 00:27

    The discounts for more nbn/mobile plans are shittier now.

    • bamzero on 05/06/2025 - 00:51
      +1

      Yeh got a bit of a chop, although they made it sound like there would be no More discounts after the change.

      For anyone wondering, can see the tier benefits here except there is no mention of Diamond tier at all.

      • Serathis on 05/06/2025 - 15:34
        +1

        For Diamond

        Here's a selection of benefits waiting for you:

        Icon Get presale access and preferred tickets to the latest and greatest in music, and opportunities to win competitions for “money can't buy” experiences.
        Icon Savings on groceries, fuel, food delivery, entertainment and more.
        Icon Explore the world with 10% back in travel credits on all flight and hotel bookings with Travel Booking provided by Hopper.
        Plus receive a $100 first time use travel credit which will be automatically applied to your Travel Booking wallet on your first visit to the Travel Booking website after entering Diamond status.
        Icon $10 loyalty payment for each month you invest over $1,000 via CommSec.
        Icon $10 monthly cashback on eligible home insurance policies.
        Icon And much more, with offers and benefits refreshed regularly.

  • For Azeroth on 09/06/2025 - 15:50

    What does 15 outbound transactions mean? If I made 15 transfers to another person, is that OK?

    • bamzero on 09/06/2025 - 15:57

      T&Cs, see eligible transactions on page 5

      But yes as long as it's from an eligible account and to another bank or CBA account not associated with you then is ok.

      • For Azeroth on 09/06/2025 - 16:03

        thanks

        • bamzero on 09/06/2025 - 16:05

          You should also have a tracker in the Yello section of the app that shows how many transactions and days of balance to reach next tier, though it's slow to update.

  • Charlie4242 on 25/06/2025 - 18:48

    Dumb question, I have very few transactions generally but have done a few $5 payments to my St George and Amex credit cards over the last few days, does anyone know if this could trigger any fraud alerts with either CBA or the credit card providers? Seems unlikely, but it also doesn't seem that normal/legit to pay such small amounts every day. Next month I'll spread them out further, just don't want to run into any issues if I keep doing it this month to get to 15.

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