Commbank awards VS QFF

[Nimashoghi]

Hey all,

Just looking into the future and february when points into QFF will become

1.50 / $1 for AMEX
0.50 / $1 for Mastercard

However if you leave your points in your commonwealth awards you earn

3.00 / $1 for AMEX
$1 / $1 for Mastercard

I think with the extra points you will get to keep leaving them in your commonwealth awards it may be better off keeping them in commonwealth awards,

I mean if you earn 30,000 points in a month, You would get 15,000 into QFF, losing 15,000 points in 1 month. The awards store pricing is only 5,000 cheaper in the QFF store. But then theres flights? I dont plan on spending my points just build it up

What do you guys think?

I have about 60,000 in my Frequent Flyer account, Since start of year, (i know some of you are knocking a few hundred thousand per year, but hey its a start ).

I dont know if i should opt out now to start building up points in my comm awards? Or if i should leave it in my QFF even taking the loss in points?

Its really doing my head in so any advice would be greatly appreciated

** By the way I have been reading this forum for a while, but this is my first post.

All the Best
Nima

 

[Diesellife]

There is possible that CBA will dilute the CBA reward points after Feb...
and bring it down in line with the usual amex 1.5x...

The current ratio for cash = 20000 cba points per $100, therefore 0.005 per 1$...

It is unlikely to see CBA will continue to offer 20000 per $ 100 after feb as 0.015 per dollar (1.5%) is pretty good for cash rate. (Amex's moneyback is only 1%).

The terms and conditions also indicates that CBA is considering changing the ratio as most of the specials expire on 31 Jan 2010...