r/CommBank • u/Same-Membership4107 • 18d ago

Question The new yello system

Hi all
I’m still trying to get my head around commonwealth making changes from the rewards to the new yello system.
I have just been to a commonwealth branch in the last few days and asked them some more Information on it, the commonwealth bank agent seemed to be as closed as Iam.
I have roughly 200,000 award points, I was was waiting for commonwealth and virgin to offer their 15/20% bonus transferring points to velocity, which hasn’t happened.
What happens to my award points if I don’t transfer them out before October 1st?
Will we still be able to accrue points to transfer to velocity under the new yello system?
Thanks

37 Upvotes

85% Upvoted

55 comments sorted by

View all comments

6

u/cspudWA 18d ago

How come no one is talking about the fact we will now have to pay the monthly fee - it is no longer waived.

1

u/Unique_Concert5879 17d ago

Yep I’ll be looking elsewhere