CommBank Ultimate Awards Credit Card
$35 monthly fee
100,000 points
$6,000 min limit
1.00 points per dollar
Spend $12,000 in 150 days
Offer Details
PremiumOffer Ended
Signup Bonus
100,000 points
Commbank
Minimum Spend
$12,000
within 5 months
Ongoing Earn Rate
1.00x points per $1 spent
Fees
Monthly Fee
$35 per month
Equivalent to $420 annually
Note: Additional fees may apply for cash advances, foreign transactions, overlimits, and late payments. Check the issuer's terms and conditions for complete fee details.
Benefits
No Annual Fee
$0 monthly card fee if you spend at least $4,000 in your statement period; otherwise $35 monthly fee applies
No International Transaction Fee
Pay no international transaction fees on purchases or cash advances made overseas or online where the merchant or processor is overseas
Travel Insurance
International travel insurance included when you spend at least $500 in a single prepaid travel transaction and activate before travel; covers you, spouse, and accompanied children for return trips from Australia
Lounge Access
Two complimentary airport lounge passes each calendar year with Mastercard Travel Pass by DragonPass to over 1,300 lounges worldwide; access requires registration and presenting QR code and boarding pass; guest must be accompanied by primary cardholder
No Additional Cardholder Fee
No additional cardholder fee to share your card with someone else
I'd like to use my bonus for:
Craig's AnalysisBonus Difficulty
Moderate
●●○$80 per day required
First Year Cost
$245
7 months of fees - assuming you keep the card for the bonus period (5 months) + 2 statements (waiting for points to arrive in your account)
Earn Rate
Average
●●○○1.00x Commbank points per $1
Travel Benefits
Lounge Access
Two complimentary airport lounge passes each calendar year with Mastercard Travel Pass (DragonPass)
Did this help you make a decision?
$280 of profit after meeting spend requirements
+ $525 Coles gift cards
- $245
7 months of fees - assuming you keep the card for the bonus period (5 months) + 2 statements (waiting for points to arrive in your account)
$500
x 1
$25
x 1
in Coles gift cards, $525 total, with 2,000 points remaining.
History
21 Jul 2025
8 changes
Lounge Pass:
Two complimentary airport lounge passes each calendar year with Mastercard Trave...
Annual Fee:
$450
Monthly Fee:
$35
Second Year Annual Fee:
$450
Interest Rate:
20.0020.99
Spend For Bonus:
6,00012,000
Bonus Period:
90150
Points Per Dollar:
1.201.00
30 Jun 2024
2 changes
Link:
https://www.commbank.com.au/credit-cards/ultimate-credit-card-qantas.htmlhttps://www.commbank.com.au/credit-cards/ultimate.html
Expiration Date:
30 Sep 2023
- Card offer has ended3 years ago