Aerial view of Whitsundays
CommBank Ultimate Awards credit card

Receive 70,000 bonus Qantas Points on your new CommBank Ultimate Awards credit card

Earn up to 70,000 bonus Qantas Points when you apply for a new CommBank Ultimate Awards card by 28 February 2022. Simply spend $5,000 on eligible purchases within 90 days of activating your card. Plus, enjoy no monthly fee when you spend at least $2,500 on your Ultimate Awards credit card in your statement period and choose to receive e-statements. To earn Qantas Points, make sure you opt-in when applying for your CommBank Ultimate Awards credit card. An opt-in fee of $30 per year applies.

Bonus points plus more

  •  Earn up to 1.2 Qantas Points for every $1 spent on eligible purchases, up to $10,000 in a statement period
  • Earn unlimited Qantas Points each year
  • Included international travel insurance (upon activation)
  • No additional cardholder fee
  • Access to over 1,000 airport lounge worldwide, plus selected offers on airport dining, shopping and spas, thanks to Mastercard® Airport Experiences provided by LoungeKey
CommBank Ultimate Awards credit card

What you need to know

Disclaimer: * Offer available on new CommBank Ultimate Awards credit card applied for between 1 October 2021 and 28 February 2022. Offer not available on all other card types, existing cards, and switches from other card types and is not available to customers who currently hold, or have held, any Awards card types in the 12 months prior. You will be ineligible for the Bonus points if your credit card account is closed, transferred, or in default at any time prior to the points being credited to your account.
To be eligible for the 70,000 bonus Qantas Points on a new CommBank Ultimate Awards card, you must opt-in to Qantas Points in your CommBank credit card application or via the CommBank Awards website prior to meeting the spend criteria. You need to spend at least $5,000 on eligible purchases (excludes balance transfers, cash advances and any purchase that is reversed or refunded) using your new CommBank Ultimate Awards card within the first 90 days of activation.
Bonus points will appear on your credit card statement as ‘Bonus Awards’ within 90 days of you meeting the eligibility criteria.
If you don’t opt-in to Qantas Points, or you opt-out of Qantas Points prior to meeting the spend eligibility criteria, you will receive the bonus CommBank Awards Points associated with this offer (100,000 CommBank Awards points for a CommBank Ultimate Awards card) in place of Qantas Points.
The earning and redemption of CommBank Award points are subject to the CommBank Awards Program Terms and ConditionsOpens external site in a new window (PDF), available here. Once CommBank Awards points are transferred to Qantas Points, they are governed by the terms and conditions of the Qantas Frequent Flyer program and cannot be converted back to CommBank Awards points or redeemed under the CommBank Awards Program.
Offer only available on one credit card per customer. We reserve the right to close the offer prior to 28 February 2022.
If you opt-in to earn Qantas Points, your CommBank Awards points earned each month are automatically transferred to your Qantas Frequent Flyer account at the end of each statement period, at the rate of 2.5 CommBank Awards points to 1 Qantas Point. Points transferred to your Qantas Frequent Flyer account are captured on your CommBank credit card statement. Points are earned on eligible transactions (this excludes, for example, BPAY transactions, cash advances, balance transfers and payments to the Australian Taxation Office unless made using a Business Awards card) and are subject to points capping depending on card type. How you earn or redeem CommBank Awards points will be subject to the CommBank Awards Program Terms & Conditions. Awards and the number of points required for Awards are subject to change at any time without notice. Once CommBank Awards points are transferred to Qantas Points, they are governed by the terms and conditions of the Qantas Frequent Flyer program and cannot be converted back to CommBank Awards points or redeemed under the CommBank Awards Program.

Disclaimer: # No monthly fee if you (i) spend at least $2,500 on your CommBank Ultimate Awards credit card in your statement period and (ii) choose to receive online statements. If you do not meet the above criteria, there is a monthly fee of $35. Spend includes all purchases and cash advances made using your CommBank  Ultimate Awards credit card, minus any refunds. This is for all transactions fully processed in the given statement period (not pending transactions). You can opt in to receive online statements through NetBank or the CommBank app, which will require a valid email address.

Disclaimer: ^ This is a non-refundable additional fee charged to your card when you opt-in to earn Qantas Points and each subsequent year on the anniversary of your opt-in. This is charged once per year on top of your regular credit card fees. Fee applies to each account opted-in to Qantas Points.
You must be a member of the Qantas Frequent Flyer program to earn and redeem Qantas Points. If you are not a Qantas Frequent Flyer member, the membership joining fee will be waived if you apply and receive a CommBank Ultimate Awards credit card and join for free. Membership and Qantas Points are subject to the Qantas Frequent Flyer program terms and conditions.

Disclaimer: + You can earn up to 1.2 Qantas Points for eligible purchases you make on the CommBank Ultimate Awards card. You get 1.2 Qantas Points for every $1 spent on international transactions. International transactions include any purchase you make overseas or when shopping online from Australia if the merchant or entity who processes the payment is based overseas. You get 0.8 Qantas Points for every $1 spent at major Australian supermarkets, department stores and petrol stations. Earning these points depends on how the merchant categorises their business and provides us this information (directly or through their financial institution). You’re unable to get these points if you use an intermediary platform such as PayPal for these transactions. You get 0.4 Qantas Points for every $1 spent on all other purchases. Once you have spent $10,000 in any given statement period, you will earn 0.2 Qantas Points for every dollar you spend on any other purchases within that period.

Disclaimer: ~ International travel insurance included on your CommBank credit card provides cover for you, your spouse and your accompanied children for return trips from Australia, up to a set period. You will need to activate your travel insurance for each trip in order to have a comprehensive level of cover. To activate your cover, register on NetBank, the CommBank app or call Cover-More on 1300 467 951 before you travel. If you don’t activate you’ll receive Base medical which includes personal liability cover and unlimited overseas emergency medical assistance and hospital expenses only. Terms, conditions, restrictions, exclusions (including for pre-existing medical conditions and persons aged 80 years or over), limits, sub-limits and excesses apply. Before making a decision, refer to the Credit Card Insurances Product Disclosure Statement and Information BookletOpens external site in a new window (PDF) for full conditions. Insurance products listed are issued and administered by Cover-More Insurance Services Pty Ltd (AFSL 241713, ABN 95 003 114 145) on behalf of the insurer Zurich Australian Insurance Limited (AFSL 232507, ABN 13 000 296 640) for Commonwealth Bank of Australia (CBA). CBA and its related bodies corporate do not issue or guarantee this insurance. It does not represent a deposit with or liability of either CBA or any of its related bodies corporate. We do not provide any advice on this insurance based on any consideration of your objectives, financial situation or needs. If you purchase an upgrade policy, we (CBA) receive a commission which is a percentage of your premium. More information can be found here.

Disclaimer: † To gain access to participating airport lounges, you must present your CommBank Ultimate Awards card or your digital lounge access code on the Mastercard® Airport Experiences app, along with your boarding pass and identify yourself as a LoungeKey member for validation. Each time you visit a lounge, you will be charged a lounge visit fee to your CommBank Ultimate Awards card. You will also be charged a lounge visit fee for each additional guest you bring with you. Please note, your lounge access may be blocked if your primary account is closed, in arrears, reported lost or stolen, or has been blocked by us for any reason. To redeem an offer visit the Mastercard® Airport Experiences app or airport.mastercard.com to select your preferred offer and generate an offer code. Present the valid offer code to the cashier and redeem the offer. Please note, offers vary by location. For information on accessing lounges, offer locations, a full list of Terms and Conditions and Frequently Asked Questions, visit airport.mastercard.comOpens external site in a new window or call +61 2 7202 3584, 24/7.

Applications are subject to credit approval. Full Conditions of Use will be included with the CommBank Letter of Offer. Fees and charges are payable. Credit card issued by Commonwealth Bank of Australia ABN 48 123 123 124 Australian credit licence 234945, which is a credit licensee (or registered person) under the National Consumer Credit Protection Act 2009.

The target market for this product will be found within the product's Target Market Determination, available at commbank.com.au/tmdOpens external site in a new window.

Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.