Comm Bank to issue AMEX... changes to QF/Velocity point earning

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Joshua said:
I'll quote off the website, hopefully that's the clearest ;)

"If you are an existing customer, request your new cards before 30 November and you’ll receive an additional point for every $1 you spend on your new Commonwealth Bank American Express® Card for the first two months."

"Maximum bonus points available during this promotion are capped at 5,000 (Platinum), 3,000 (Gold), 1,500 (Awards)."
Click to expand...

OK- so the bonus point is applicable for the first 5000 points, not $5000

Because you're earing 4 points on this card until Feb, you'll reach 5000 points by spending just $1250 isnt that right?
 
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For the first $5000 dollar you spend you'll get 4 points per dollar (3 points + Bonus 1) on the plat Amex.
There after it is 3 points per dollar.

You get a bonus 5000 points with the first $5000.


If that doesn't work, someone else better help me out here! :)
 
Joshua said:
For the first $5000 dollar you spend you'll get 4 points per dollar (3 points + Bonus 1) on the plat Amex.
There after it is 3 points per dollar.

You get a bonus 5000 points with the first $5000.


If that doesn't work, someone else better help me out here! :)
Click to expand...

So- for the first $5000 you spend on the card, you get 25,000 QF points
(4 points per dollar = 20,000 then a bonus 5000)

???

Sounds pretty generous...
 
WOLF13 said:
So- for the first $5000 you spend on the card, you get 25,000 QF points
(4 points per dollar = 20,000 then a bonus 5000)

???

Sounds pretty generous...
Click to expand...

My understanding is for the first $5000 you spend on the card you get (3 + 1 bonus point) per dollar = 20,000 points provided you spend it within the first 2 months.
 
sparoy said:
My understanding is for the first $5000 you spend on the card you get (3 + 1 bonus point) per dollar = 20,000 points provided you spend it within the first 2 months.
Click to expand...

OK- have just gotten off the phone with Commbank- and can confirm this is correct.

So, if you spend 5K, you get 20,000 QF points.

I dont think there's any 5000 bonus point system- the 5000 points are the limit for the bonus point per $1 spent.

In saying that- the yearly points cap for this Amex is only 150,000. Absolute s**t.

In theory- if you throw 50K at this card before Feb, you'll reach the limit already.

After that, you've got an extra 100,000 points cap on the connected visa or mastercard, but the QF points conversion on those cards arent that good anyway.

Will definately rack up the maximum 150,000 points for 50K spend before Feb and then cancel the card probably and go back to the AMEX Ultimate.
 
3 Qantas points per $1 until the 1st of Feb
1 Bonus Qantas point per $1 until you reach 5,000 bonus points.

Therefore if you spend
$5000 you get 20,000 Qantas points
$10000 you get 35,000 Qantas points


Commonwealth Bank Group - Personal - Credit cards - Expect more - What's changing? - The benefits of two cards

If you are an existing customer, request your new cards before 30 November and you’ll receive an additional point for every $1 you spend on your new Commonwealth Bank American Express® Card for the first two months.

Terms and Conditions: 1 bonus Commonwealth Awards point will be credited on all eligible transactions in accordance with the Commonwealth Awards Program Terms and Conditions available at commbank.com.au. The promotion period is 2 months from the date of the letter that accompanied your new cards. Cardholders eligible for the promotion must be existing Commonwealth Awards cardholders with an account open prior to October 23rd 2009. The bonus points will be credited to the primary cardholder account as a lump sum within 6 weeks from the end of the promotion period. Once credited to the primary cardholder account, the bonus points will appear on the Commonwealth Awards website and the following Credit Card statement. You will be ineligible for the bonus points if the primary cardholder account is closed, transferred or in default at any time prior to the points being credited to the account. Maximum bonus points available during this promotion are capped at 5,000 (Platinum), 3,000 (Gold), 1,500 (Awards).
 
Can someone (who has received the card already) post any special features for the amex?

:mrgreen: Apart from the points...
 
Random question, but does anyone know whether the CBA Amex cards are/will be PIN-capable? I ask as Westpac Amex cards share the same PIN as the linked MasterCard or Visa, but ANZ Amex cards cannot be assigned a PIN. :)
 
I think they can. Remember slightly the letter indicating a pin number being sent out separately.
 
oz_mark said:
You mean it's not all about the points?
Click to expand...

No I mean the points have already explained by the 1x pages of post. So lets move on to some other thing... Since I won't be able to get the card early (As I registered late).
 
Can someone please post the first 8 digit of the amex card?? I want to see if the premium privilege site is offering the same thing as entre.... :mrgreen:
 
Diesellife said:
Can someone please post the first 8 digit of the amex card?? I want to see if the premium privilege site is offering the same thing as entre.... :mrgreen:
Click to expand...

This is perfectly safe to do. Just in case people don't realise, the first 8 digits of the Amex CBA card are the same for all Amex CBA cards.

Normally you could get the first 6 digits (the BIN number) from the below site, but it hasn't been updated recently enough for the CBA Amex card:
List of Bank Identification Numbers - Wikipedia, the free encyclopedia
 
Is the 150k cap from the issue of the new card, or is previous expenditure included?

I only got the CBA m/c earlier this year for additional non-Amex spend, when my two Citibank (visa & m/c) cards were about to reach their caps. It did include a bonus of 20K points. I've probably spent 40-50k on it this year.
 
Got my card today and have been updating various merchants.

Had problems with Paypal and Playstation 3, both of whom accept Amex, but reject my card.

Have others had success adding their Amex to these 2 merchants?


Evan :->
 
Mine got rejected by PayPal.

I called up commbank- and the reason was "The AMEX computer system on Commbank doesnt go active until Monday" ie: I got it early.

But has anyone actually purchased anything else on the card?
 
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