1 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, join for free here. Membership and Qantas Points are subject to the terms and conditions of the Qantas Frequent Flyer program available at qantas.com/terms.
2 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 rate of 2.5 CommBank Awards points to 1 Qantas Point. 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.
3 Points transferred to your Qantas Frequent Flyer account are captured on your credit card statement.
4 You’ll need to earn or use your Qantas Points at least once every 18 months to keep your Qantas Points from expiring.
5 Earning Qantas Points on the Ultimate Awards Card
You can earn up to 1.2 Qantas Points for eligible purchases you make on the Ultimate Awards card.
You get 1.2 Qantas Points for every $1 spent on international transactions. Includes 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 provide 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.
After spending $10,000 in a given statement period, any additional eligible purchases (regardless of category) made within the same statement period will earn 0.2 points per $1 spent.
6 This is a non-refundable additional fee charged to your card when you opt-in 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.
7 There is no monthly fee for the Ultimate Awards credit card if you: (i) Spend at least $2,500 during your statement period; and (ii) Choose to receive online statements. Otherwise the monthly fee is $35.
Spend includes all purchases and cash advances made using your 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.
8 Pay no international transaction fees for purchases you make overseas or online. For international cash advances, the cash advance fee will apply.
9 International travel insurance included on your 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 Booklet 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.
10 How earning Qantas Points work:
CommBank Awards 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
If you are opted-in to earn Qantas Points, your Awards points earned each month will automatically transfer to your Qantas Frequent Flyer account on your credit card statement issue date.
Awards credit card holders can earn up to 50,000 Awards points per year, which is equal to 20,000 Qantas Points. Platinum Awards credit card holders can earn up to 150,000 Awards points per year, which is equal to 60,000 Qantas Points. Diamond Awards credit card holders can earn up to 1,000,000 Awards points per year, which is equal to 400,000 Qantas Points.
11 Mastercard Travel Rewards are only available through participating merchants outside Australia. To receive the advertised cashback, pay with your Diamond Awards or Ultimate Awards Mastercard at a participating overseas merchant and meet the offer’s terms and conditions. You must pay in the overseas currency of the offer – transactions made in Australian dollars are not eligible. An international transaction fee will apply for Diamond Award cardholders only. Cashbacks may take up to 30 days to appear on your statement. Visit mtr.mastercardservices.com for a list of participating merchants and to find out more.
^Offer available on new Platinum Awards credit cards (including Business Platinum), Diamond Awards credit cards and Ultimate Awards credit cards applied for between 30/04/2021 and 30/09/2021. 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 Qantas Points or CommBank Awards 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 initial 36,00 Bonus Qantas Points on a new Diamond Awards or Ultimate Awards card, 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 card within the first 90 days of activation. You will receive an additional 12,000 Bonus Qantas Awards points when your card remains open 12 months after being activated, provided you met the initial spend criteria.
To be eligible for the initial 24,000 Bonus Qantas Points on a new Platinum Awards or Business Platinum Awards card, you need to spend at least $4,000 on eligible purchases (excludes balance transfers, cash advances and any purchase that is reversed or refunded) using your new card within the first 90 days of activation. You will receive an additional 8,000 Bonus Qantas Points when your card remains open 12 months after being activated, provided you met the initial spend criteria.
You need to opt-in to Qantas Points in your CommBank credit card application and meet the Offer eligibility criteria to receive the Bonus Qantas Points associated with this Offer. Bonus points will appear on your credit card statement as ‘Bonus Awards’ within 90 days of you meeting the eligibility criteria and will be automatically transferred to your Qantas Frequent Flyer account. If you do not opt-in to Qantas Points and you meet the Offer eligibility criteria, or if you opt-out of Qantas Points prior to the points being awarded, bonus points associated with the Offer will be awarded as 2.5 CommBank Awards Points to 1 Qantas point and will not be transferred to your Frequent Flyer account. The earning and redemption of CommBank Award points are subject to the CommBank Awards Program Terms and Conditions, 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 30/09/2021.
12 Classic Flight Reward seats are subject to capacity controls, availability is limited, and some flights may not have any Classic Flight Rewards available. Taxes, fees and carrier charges and Qantas Points are accurate at 25 March 2021 but subject to change. For more information, visit qantas.com/classicflightrewards.
13 Points Plus Pay - Flights are available on any flight with a Qantas (QF), Jetstar (JQ), Jetstar Asia (3K), Jetstar Japan (GK) or Jetstar Pacific (BL, for bookings until 28 July 2020) flight number and selected partner airlines when travelling on a Qantas fare, as long as there is a seat available for sale. The Qantas Points required include taxes, fees and carrier charges (excluding any amounts payable to third parties at the airport), are subject to change and are quoted at the time of booking. A minimum of 5,000 points per booking on Qantas and 3,500 points per booking on Jetstar must be redeemed. Qantas Points may not be earned on some fare types or on some oneworld® Member Airline or airline partner flights. For more information, visit Points Plus Pay - Flights
14 To gain access to participating airport lounges, you must present your 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 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.com or call +61 2 7202 3584, 24/7.
The advice on this website has been prepared without considering your objectives, financial situation or needs. You should, before acting on the advice, consider its appropriateness to your circumstances.
Applications for credit cards are subject to credit approval. Full terms and conditions will be included in our Letter of Offer. Bank fees and charges apply.
Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.
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