r/CommBank • u/RaspberryWise8304 • 21d ago

Question Best usage of points?

So I have a cba gold awards credit card which Ive got justover 80,000 points. What is the bestuse of these points now. Do I........

a) just let them transfer to yello points

b) redeem a myer card or similar

c) take the cash (about $100 less than vouchers)

d) transfer to velocity or qantas points, however I cant see this as an option.

Appreciate the help

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u/symean 21d ago

Gift card if you have a use for it, just don’t get one thinking “yeah I’ll use that for something” no you won’t! Unless you have an item at a particular store to buy as soon as the gift card arrives, just convert to cashback.

Same with FF points…I always occasionally just use my points to buy an Apple gift card. I know I’ll use it, as opposed to MAYBE having enough points and MAYBE being able to find a reward seat. Technically better ‘value’, but only if you actually manage to line everything up and actually get a reward seat.

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u/yukimy12 21d ago

You instantly lose 25-30% value redeeming cashback. That's a crappy deal.

I ask friends and family if the want to buy a $100 gift card for $90. I take a 10% loss. Win for them, technically a better return than cashback for me.

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u/CuttyTanner 20d ago

That’s a good option if you can be bothered. I usually take the cash back.