Card

CommBank Ultimate Awards Credit Card

Offer

CommBank Ultimate Awards Credit Card (with $4000 per month spend)

Public offer

Selected terms version

Ended. These terms are no longer available.

Published 23 Jul 2025

View current offer terms Offer terms history

$0 monthly fee

100,000 points

$6,000 min limit

1.00 points per dollar

Spend $12,000 in 150 days

This offer is currently unavailable.

Source wording history

Offer terms

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

No fees disclosed

Check with issuer for complete fee structure

Benefit history

No Annual FeeUpdated May 2026
No Additional Cardholder FeeUpdated May 2026
Lounge AccessUpdated May 2026
Travel InsuranceUpdated May 2026
No International Transaction FeeUpdated May 2026

I'd like to use my bonus for:

Supermarket Gift Cards

Craig's Analysis

+100,000sign-up bonus

+12,000from $12,000 spend

=112,000Commbank points

→$525in Coles gift cards

−$0first-year fees

=$525first-year value

Bonus Difficulty

Moderate

●●○

$80 per day required

First Year Cost

Free

monthly fee

Bonus Value

$525

112,000 points redeemed in Coles gift cards

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?

$525 of profit after meeting spend requirements

+ $525 Coles gift cards

- $0

monthly fee

$500

x 1

$25

x 1

in Coles gift cards, $525 total, with 2,000 points remaining.

Can I get this bonus if I've had a card from Commbank before?

You generally need to wait 24 months after your last Commbank sign-up bonus before you can earn this one.

See exclusion periods for every Australian issuer →

No monthly fee

$0 monthly card fee if you spend at least $4,000 in your statement period

OzBargain discussion for this card

Offer terms history

These are published versions of this offer's terms. Each version preserves the conditions available at that time.

Terms version 10

Available

Published 3 Oct 2026

Changes from terms version 9

Points Per Dollar:

1.000.50

Terms version 9

Ended

Published 2 Oct 2026

Ended 3 Oct 2026

Changes from terms version 8

Bonus:

050,000

Second Year Bonus:

050,000

Bonus Cash:

$450$300

Bonus Cash Two:

$300

Bonus Cash Description Two:

Travel Credit

Notes:

$0 monthly card fee if you spend at least $4,000 in your statement period. Plus a second $450 travel credit for keeping the account open more than 12 months from activation (no additional spend required).$0 monthly card fee with $4,000 spend per statement period until 31 December 2026; $35 per month from 1 January 2027. Plus up to $300 in monthly travel credits each year while the card remains open.

Terms version 8

Ended

Published 19 Jun 2026

Ended 2 Oct 2026

Changes from terms version 7

Bonus:

60,0000

Bonus Cash:

$300$450

Bonus Cash Description:

Travel CreditsTravel Credit

Notes:

$0 monthly card fee if you spend at least $4,000 in your statement period$0 monthly card fee if you spend at least $4,000 in your statement period. Plus a second $450 travel credit for keeping the account open more than 12 months from activation (no additional spend required).

Terms version 7

Ended

Published 16 Mar 2026

Ended 19 Jun 2026

Changes from terms version 6

Bonus:

100,00060,000

Spend For Bonus:

12,0009,000

Bonus Period:

15090

Bonus Cash:

$300

Bonus Cash Description:

Travel Credits

Terms version 6

Ended

Published 22 Feb 2026

Ended 16 Mar 2026

No recorded term changes from the previous version.

Terms version 5

Ended

Published 23 Jul 2025

Ended 22 Feb 2026

Changes from terms version 4

Spend For Bonus:

16,00012,000

Bonus Period:

120150

Lounge Pass:

Two complimentary airport lounge passes each calendar year with Mastercard Travel PassTwo complimentary airport lounge passes each calendar year with Mastercard Travel Pass (DragonPass)

Terms version 4

Ended

Published 29 Jun 2025

Ended 23 Jul 2025

Changes from terms version 3

Spend For Bonus:

12,00016,000

Monthly Fee:

$35$0

Link:

https://www.commbank.com.au/credit-cards/ultimate-credit-card-qantas.htmlhttps://www.commbank.com.au/credit-cards/ultimate.html

Terms version 3

Ended

Published 24 May 2025

Ended 29 Jun 2025

Changes from terms version 2

Spend For Bonus:

6,00012,000

Bonus Period:

90120

Points Per Dollar:

1.201.00

Annual Fee:

$30

Second Year Annual Fee:

$450

Monthly Fee:

$35

Interest Rate:

20.0020.99

Lounge Pass:

Two complimentary airport lounge passes each calendar year with Mastercard Travel Pass

Notes:

$0 monthly card fee if you spend at least $4,000 in your statement period

Terms version 2

Ended

Unknown publication date

Ended 24 May 2025

Changes from terms version 1

Expiration Date:

30 Sep 2023

Terms version 1

Ended

Unknown publication date

First recorded terms

Bonus Commbank:

100,000

Annual Fee:

$30

Minimum Spend:

$6,000 in 90 days

Saved notes

Earlier notes about this offer. Note dates are separate from terms publication dates.

Card offer has ended
3 years ago
Minimum monthly spend increased from $2500 to $4000
3 years ago