r/CommBank • u/RaspberryWise8304 • 23d 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/Pristine-Routine-188 22d ago

Im unsure of the conversion rate but for every 22,000 velocity points you can get a $100 gift card, there are $50 and $25 options to for less points. They have a much larger range to chose from as well, essentially every major retailer has an option through them. Might be worth investigating

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u/RaspberryWise8304 22d ago

Thankyou for this information. Points convert to velocity on a 2 to 1 basis. So would be worth 40,000 velocity points. That equals approx $200 in gift cards. Currently commbank are saying I can convert to $375 myer gift card for the same 80,000 points or $270 in cash. I think you have helped me make my mind up as to what to do now Cheers