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Commonwealth Bank ... it's not too late for 1 to 1 points

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D&M

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Joined
Jul 2, 2004
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4
I posted this in Tips forum but just in case no one looks there ...

Commbank changed it's credit card program as of yesterday - 1st July, so that it take 2 CBA True Award points to get 1 QFF point. It was a 1 for 1 deal up until then.

I don't know how they got away with it when NAB tried the same thing a few years ago the ACCC stopped them straight away.

Anyway, I found out that Commbank will still exchange points 1 for 1 at least for a litlle while longer - maybe only a few days. You just have to call them and complain that they didn't provide enough warning which is true they didn't.

I don't know how long it will last but if you have Commbank True Awards points and you want frequent flyer points better exchange them quick before the Commonwealth cuts your points in half.

M
 
G

Guest

Is this for new points earned, or for transfers in general?
I've had 2,000 com awards points sitting in my commonwealth account for a while..
will i only get 1:2 ?
 

straitman

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Re: Commonwealth Bank ... it's not too late for 1 to 1 point

D&M said:
I posted this in Tips forum but just in case no one looks there ...

Commbank changed it's credit card program as of yesterday - 1st July, so that it take 2 CBA True Award points to get 1 QFF point. It was a 1 for 1 deal up until then.

I don't know how they got away with it when NAB tried the same thing a few years ago the ACCC stopped them straight away.

Anyway, I found out that Commbank will still exchange points 1 for 1 at least for a litlle while longer - maybe only a few days. You just have to call them and complain that they didn't provide enough warning which is true they didn't.

I don't know how long it will last but if you have Commbank True Awards points and you want frequent flyer points better exchange them quick before the Commonwealth cuts your points in half.

M
D&M

Welcome to the forum. We look forward to hearing more from you.

:idea: Please read the other responses to your post(s) :!:

Once is enough as new posts highlight when people log in again. I'm sure we all appreciate your concerns though. :)
 

shyguy

Junior Member
Joined
Jul 7, 2002
Messages
22
I have a Comm Gold Affinity card (now a Comm Gold card) and the awards screen still says a 1:1 transfer from Gold Awards to QFF....expected it to be 1.5:1.

Not sure if the web page has been updated (since 1 July) but, that's what it says.
 

shyguy

Junior Member
Joined
Jul 7, 2002
Messages
22
Posted: 03 Jul 2004 11:27 Post subject:

--------------------------------------------------------------------------------

I have a Comm Gold Affinity card (now a Comm Gold card) and the awards screen still says a 1:1 transfer from Gold Awards to QFF....expected it to be 1.5:1.

Not sure if the web page has been updated (since 1 July) but, that's what it says.
Website has now been updated!!

Just a question...was this 1.5:1 ratio supposed to be for points earned after 1 July, or all points transferred after 1 July?
 

danielh

Member
Joined
Dec 5, 2003
Messages
352
The CBA - Platinum site still says 1 for 1 and as ar as I can see it is not capped (unlike my ANZ Qantas Gold Visa Card).

Regards
Daniel
 
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