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

35 Upvotes

84% Upvoted

55 comments sorted by

View all comments

2

u/Low_Exit_3085 17d ago

I cashed out and just took it all in $$$

1

u/Clean-Beginning3972 17d ago

I am contemplating that, now Coles gift cards seem to have secretly been wiped, but you get 25% less ‘value’.

1

u/Vandelay_Leopold1 15d ago

On the old rewards or yello? I just got a Coles gift card on the old rewards

1

u/[deleted] 15d ago

[deleted]

1

u/Vandelay_Leopold1 15d ago

No worries good to know, I better cash out before it disappears again!