CBA Platinum 150,000 points pa | Australian Frequent Flyer
Australian Frequent Flyer

Welcome to Australia's leading independent Frequent Flyer and Travel Resource since 1998!
Our site contains tons of information that will improve your travel experience.

Joining AFF is fast, simple & absolutely free - register now and take immediate advantage of these great BENEFITS.

Once registered, this box will disappear. And you will see fewer advertisements :)

CBA Platinum 150,000 points pa

Status
Not open for further replies.

kt

Newbie
Joined
Nov 3, 2005
Messages
8
Hi,
Received a letter today from CBA Plat, they are introducing a 150,000 pa points cap. starting 1/1/06. Not good. Are there are visa/mastercards out there taht have unlimited points pa or at least higher than 150,000???
Thanks
KT
 

one9

Active Member
Joined
Sep 14, 2005
Messages
596
i got this letter today too.

the letter started well .... "The annual fee on your Platinum card will decrease .."

but then it got worse and said that they are they are introducing a 150,000 pa points cap per calander year.

So, in January or February when I have earned the 150,000 points for 2006, what do I do?

My thinking is that the bank will also cap the points on their woolworths card soon too, especially as it is such a low card.

Any other cards (visa, mastercard) that offer unlimited points??

Now I don't know whether to keep the Platinum card. $200 for only $150,000 ponts doesnt give much value.
 

kt

Newbie
Joined
Nov 3, 2005
Messages
8
thanks

thanks Sheriff and one9. I tried to look at ezy but their website appears to be down. I'll check tomorrow. But i think one9 is right in that it too will soon be capped.
KT
 

one9

Active Member
Joined
Sep 14, 2005
Messages
596
ok, i found one card:
Australian National Credit Union Gold Mastercard.

it has no points limit. but it seems a little backward. like it can not be linked to a bank account. for rewards you download the rewards guide, and then post or fax the reward order form in ....

any one with a better card?
 

Sheriff

Member
Joined
May 22, 2005
Messages
167
Hey one9,

Just because the CBA has capped the points on your platinum card doesn’t necessarily mean they will do the same to the Woolworths Ezy MasterCard any time soon.

Yes, you’re probably right, the CBA will eventually cap points on their Woolworths Ezy MasterCard, but until then, enjoy it while it lasts rather than worrying about it now.

I think eventually the majority of banks (if not all) will cap points on their credit cards, it’s the most economical and logical thing to do because it’s costing the banks to much money.
 

one9

Active Member
Joined
Sep 14, 2005
Messages
596
Sheriff,

you are probably right. if woolworth card still has unlimited points in Jan/Feb next year, then I will get it. I like having a card linked to by commonwealth bank internet banking.

but a gold or platinum card is always nicer because of extras like travel insurance and purchase insurance.
 

Mal

AFF Supporter
Joined
Dec 25, 2004
Messages
12,267
Flights
My Map
I think they are feeling heat from the Amex CC plat.

The points cap brings it closer to what the Amex CC offers. The $200 at about 1/2 the price of the Amex plat would probably equal what people would pay if they didn't get the free flight.

Clever marketing. Pity it doesn't benefit those who spend a lot on their card.
 

Sheriff

Member
Joined
May 22, 2005
Messages
167
one9,

Woolworths EzyMasterCard has travel accident insurance, too .The cardholder is automatically insured against loss in the amount of $125,000 when travel tickets are purchased with a Woolworths EzyMasterCard, subject to the terms and conditions of the travel accident insurance policy. The certificate of insurance, full details of coverage, schedule of benefits and exclusions are defined in the card’s conditions of use booklet.

Regards,
Sheriff
 

ronone69

Intern
Joined
Dec 12, 2004
Messages
80
The Citibank Visa allows you to earn unlimted points. :D

Their website however is hopeless as you cannot schedule future payments and their customer services ain't crash hot either. (Citibank is a bank - what else would you expect ?) :(

No doubt the best is Amex. Their Platinum Credit and Gold Credit Cards give you 1.5 points for every $1 spent. There are some limits. For the first $150,000 spent in a year, you earn 1.5 points for every $1 spent - after that it is 1 point for every $1. Same applies with their business platimum charge card except the limit is $250,000. Their charge cards give you 1 point fpr every $1 spent. No total point limits on any of these.:D:D:D

Does anyone know about Westpac's Altitude Program (Visa and Mastercard I think) ? I thought this had unlimted points too ??? :?:
 

JohnK

AFF Supporter
Joined
Mar 22, 2005
Messages
41,177
ronone69 said:
No doubt the best is Amex. Their Platinum Credit and Gold Credit Cards give you 1.5 points for every $1 spent. There are some limits. For the first $150,000 spent in a year, you earn 1.5 points for every $1 spent - after that it is 1 point for every $1. Same applies with their business platimum charge card except the limit is $250,000. Their charge cards give you 1 point fpr every $1 spent. No total point limits on any of these.:D:D:D
If you don't have business how the hell could you rack up more than $12,000/month.

I have a gold amex, pay $59/pa for ascent, and if I spend more than $9000/pa I get the yearly fee waived. I just manage to squeeze this in every year. I get 1 for 1 rewards with Qantas for the money I spend every year.
 

one9

Active Member
Joined
Sep 14, 2005
Messages
596
ronone69 said:
The Citibank Visa allows you to earn unlimted points. :D
The Citibank Platinum card has a points cap at 120,000 points per year. It is not listed on their website (or not anywhere obvious - even in the small print) or promotional material, which seems very misleading to me.

JohnK said:
If you don't have business how the hell could you rack up more than $12,000/month.
I think you will find most people here with high spending on their card (>200,000 per year) are using their card for business spending. Usually as a director or as a small business owner.
 

ronone69

Intern
Joined
Dec 12, 2004
Messages
80
Johnk:
We use the cards for business and pleasure but certainly as the owner of a small business, we pay business expenses with the cards and that helps us to earn points

one9:
Readng the Citibank Terms and Conditions it says

Citibank may choose to limit the rewards points.....

Do they choose to do so ? Has anyone experieinced this ?

In any case, I think I need to update my Citibank Gold to a Citibank Platinum
 

JohnK

AFF Supporter
Joined
Mar 22, 2005
Messages
41,177
ronone69 said:
Johnk:
We use the cards for business and pleasure but certainly as the owner of a small business, we pay business expenses with the cards and that helps us to earn points
one9 said:
I think you will find most people here with high spending on their card (>200,000 per year) are using their card for business spending. Usually as a director or as a small business owner.
That is a lot of points. :eek:

Good luck to you all. Hope that your businesses are always profitable. :D
 

one9

Active Member
Joined
Sep 14, 2005
Messages
596
ronone69 said:
one9:
Readng the Citibank Terms and Conditions it says

Citibank may choose to limit the rewards points.....

Do they choose to do so ? Has anyone experieinced this ?
I was going to get the Citibank Platinum card and when I called them to ask if there was any points capping, they looked it up and said yes, at 120,000. they also told me the caps for the gold and normal cards, which were less.

So citibank is no good for points earning. and i dont like the way they don't openly disclose this. I have a bit invested with Citibank, but I don't really trust them.
 

kt

Newbie
Joined
Nov 3, 2005
Messages
8
ronone69 said:
Does anyone know about Westpac's Altitude Program (Visa and Mastercard I think) ? I thought this had unlimted points too ??? :?:
Westpac migrated most 'buisness' altitude customers (ie anyone that spends big dollars) onto a different card earlier this year. I expect that capping/extra fees is only a matter of time.
KT
 

Jim

Intern
Joined
Nov 17, 2003
Messages
52
Cards

I have just about every FF card around. Here's how I rate some:

***** (5 stars, best FF card)
Amex Gold Maximiser Credit Card. No cap 1.5=1FF $144 P.A

***
CBA Platinum 150K cap. 1=1FF $200 P.A.

**
Citibank Platinum 120K cap. 1=1FF $250 P.A.
Citibank Gold 60K cap. 1=1FF $119 P.A.

*
Westpac Gold Altitude 2=1FF, 1st year free then $150 P.A.
 

Jim

Intern
Joined
Nov 17, 2003
Messages
52
Re: Cards

***** (5 stars, best FF card)
Amex Gold Maximiser Credit Card. No cap 1.5=1FF $144 P.A
Sorry, I should have said $1 spend=1.5 Amex points=1.5FF. Amex Gold Maximiser Credit Card is the best FF card.
 

dajop

AFF Supporter
Joined
Jul 1, 2002
Messages
9,157
Flights
My Map
Re: Cards

Jim said:
I have just about every FF card around. Here's how I rate some:
*
Westpac Gold Altitude 2=1FF, 1st year free then $150 P.A.
Not strictly accurate. No cap, but for $150 PA u get an Altitude Amex - which means for 95% of the spend $1=1FF (on Amex). For the Visa spend u get $2=1FF pt.

It is also good for NZ airpoints (.. on Amex $80=$1Airpoint) for those after a bit of flexibility in their rewards program (and don't necessarily want or need to be tied to QF).
 

Jim

Intern
Joined
Nov 17, 2003
Messages
52
Re: Cards

I didn't want to confuse the issue with the Altitude AMEX issue at $1 spend = 2 Altitude points = 1 FF. I get 1.5 FF per $1 spend using my AMEX maximiser with no cap so the Westpac AMEX isn't an option.

I use AMEX for less the 50% of my purchases so the Visa / Mastercard is more important to me. In real terms Altitude gives only 1/2 the FF points as CBA Platinum.

As far a FF programs AirNZ was a good program but now I rate it as the worst FF program. No wonder AMEX dropped them.


dajop said:
Jim said:
I have just about every FF card around. Here's how I rate some:
*
Westpac Gold Altitude 2=1FF, 1st year free then $150 P.A.
Not strictly accurate. No cap, but for $150 PA u get an Altitude Amex - which means for 95% of the spend $1=1FF (on Amex). For the Visa spend u get $2=1FF pt.

It is also good for NZ airpoints (.. on Amex $80=$1Airpoint) for those after a bit of flexibility in their rewards program (and don't necessarily want or need to be tied to QF).
 
Status
Not open for further replies.

AFF on Air Podcast

  • jb747’s Stellar Career with Qantas – AIR013
    Sat, 15 Jun 2019 03:00:41 AEST
      In this special edition of the podcast, Matt chats to John Bartels (a.k.a. jb747) about his flying career with Qantas, the A380, the QF30 incident, flight training, retirem ...
  • Cheap Virgin Australia Business Class – AIR012
    Sat, 01 Jun 2019 03:05:28 AEST
      Find out how to get cut-price Virgin Australia Business Class tickets by buying and redeeming Etihad Guest miles! This episode also includes some listener Q&A and an interv ...
  • Star Alliance Status – AIR011
    Sat, 18 May 2019 09:39:41 AEST
      Find out how to easily earn Star Alliance Gold status with several different frequent flyer programs! This episode also includes an interview with John Blom, Australia’s ...
  • Premium Economy – AIR010
    Sat, 04 May 2019 00:21:32 AEST
      Premium Economy is a great compromise if you want a more comfortable experience than Economy, without paying for Business or First class airfares! In this episode, AFF’s ...
  • Hyperinflation of Points – AIR009
    Sat, 20 Apr 2019 04:49:59 AEST
      Frequent flyer points are a valuable currency, but they aren’t immune from hyperinflation! In this episode, Matt discusses why frequent flyer points are a terrible long-t ...

Community Statistics

Threads
81,667
Messages
1,887,251
Members
49,564
Latest member
TonyCurtayne
Top