Gift card value
Ended — kept for reference
$525 in Coles gift cards · 100,000 Commbank points · spend $12,000 in 150 days
I'd like to use my bonus for:
$525 in Coles gift cards (110,000 of 112,000 Commbank points; 2,000 left over) − $245 card fee. Assumes you earn the bonus and pay in full; extra spend or interest changes the outcome.
These terms ended and are kept for reference.
What this calculation assumes
- You make the required purchases and the bonus is paid.
- You pay the balance in full — any interest changes the outcome.
- The required spend is ordinary planned spending, not extra cost.
- Gift-card rates are the recorded redemption catalogue, rechecked at renewal.
Did this help you make a decision?
Can I get this?
This is a public offer.
Can I get this bonus if I have held a card before?
The bonus holding rule for this offer is unverified. Check the offer terms before applying.
See exclusion periods for every Australian issuer →What must I spend?
$12,000 within 150 days — about $2,400 per month. The terms on this page don't record when the clock starts or how long the bonus takes to arrive after you qualify — check the issuer terms for both.
Can I get the card?
$6,000 minimum credit limit — a lending commitment, not a reward fact.
No minimum income recorded — this does not mean there is none.
Lending approval is separate from bonus eligibility: approval gets you the card, the conditions above get you the bonus.
How long is this available?
No recorded end date — this does not mean it never ends. Availability is rechecked against the issuer page.
Should I keep it after the first year?
Renewal costs $420 each year ($35/month annualised) — first year was $245.
No second-year bonus recorded — renewal buys ongoing earn and the card's benefits only.
Ongoing earn: 1.00x Commbank points per $1.
Keeping pays off only if the ongoing earn and benefits are worth $420/yr to you.
Year-two points aren't dollar-valued here: the redemption catalogue may change before renewal, so recheck the rate then.
Terms and evidence
Full current terms
Offer terms
Signup Bonus
100,000 points
Commbank
Minimum Spend
$12,000
within 150 days (about 5 months)
Ongoing Earn Rate
1.00x points per $1 spent
Fees
Monthly Fee
$35 per month
Equivalent to $420 annually
Purchase Interest Rate
20.99% p.a.
The value above assumes you pay in full and never pay this. Any interest changes the outcome.
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.
Benefit history (5 changes)
- No Annual FeeUpdated May 2026
- No Additional Cardholder FeeUpdated May 2026
- Lounge AccessUpdated May 2026
Now 2 visits/year · Mastercard Travel Pass (DragonPass).
- Travel InsuranceUpdated May 2026
- No International Transaction FeeUpdated May 2026
Offer terms history
These are published versions of this offer's terms. Each version preserves the conditions available at that time.
Changes from terms version 2
Changes from terms version 1
Unknown publication date
First recorded terms
Captures behind the selected terms record — evidence for these terms, not a complete history of the named offer.
Archived notes
Earlier notes about this offer, kept as an archive — not current terms. Note dates are separate from terms publication dates.
- Card offer has ended3 years ago
Discussion
About these ended terms (published 21 Jul 2025) — not the current offer.
Community and personal tools
Track this card, or suggest a correction. Sign-in required.