Earn up to 3 award points or 1.2 Qantas Points for every $1 spent using your Mastercard on qualifying purchases, up to $10,000 in a statement period and unlimited redeemed points or Qantas points every year, you can choose to earn CommBank Awards or opt to earn Qantas Points 1 for $30 per year.
|Positive Points||Negative Points|
|Up to 55 days interest free on purchases||No introductory bonus points offer|
|Pay no monthly fee if you spend $2,500||Monthly fee $35|
|Minimum credit limit of $6,000|
After spending $10,000 in a given statement period, the rate of earning award points is 0.5 award point or 0.2 Qantas Points per $1 spent in the remainder of the statement period, but you are not eligible for Wealth Package benefits.
Choose from thousands of rewards, such as flights starting at 8,000 points (plus taxes, fees and carrier charges, subject to availability), flight upgrades, hotel stays, wine or Qantas Rewards Store purchases.Earn up to 1.2 Qantas Points per dollar spent with Ultimate Awards for spending up to $10,000 in a statement period.
||For qualifying cardholders through CommBank Rewards|
Shop the Award Website
||You can turn your points into gift certificates, electronics, etc.|
||International travel insurance for trips of up to 12 months|
Get cash back
||You can redeem your rewards points for cash|
Ultimate Awards gives you exclusive access to Mastercard Airport Experiences provided by LoungeKey, with access to more than 1,000 lounges worldwide. In addition, you can enjoy select deals on airport dining, shopping and spas to make your travel experience even more memorable.
You can instantly block or limit your card for extra control through the CommBank or NetBank app. You can also set a spending limit to manage your spending, set up an installment plan to manage your payments, or use Spending Tracker & Insights to find out more about your spending habits. Click the abaico button and apply for your card:I Want My Card
There are no international purchase fees when you shop abroad or with international online retailers. For those who travel abroad frequently or make online purchases at foreign retailers, this feature can be a real winner. Using the CommBank Ultimate Awards credit card, you pay no international transaction fees on purchases made in currencies other than AUD.
As a cardholder, you can benefit from special offers via Mastercard. First, there is Mastercard Traveler Rewards, which offers reimbursement on your spending at participating retailers. All you need to do is check out the offers on the website, use your card at the store, and you will be credited with the refund as stated in the terms and conditions of the offer. Click the abaico button and apply for your card:I Want My Card