Redeem Commonwealth Bank Awards Points at Myer

Information verified correct on November 27th, 2015

Can you wait two weeks for your new blender to arrive in the mail, or would you rather go out and buy one instantly with your CommBank Myer points?

What can CommBank do that the other banks can’t? Give you the power to use your points instantly in-store to make purchases at Myer department stores.

All you need to do is present your Commonwealth Bank credit card at the counter and ask to pay with points.

This offer is only exclusive to Commonwealth Bank Awards credit card holders and available in every Myer store around the country. You can redeem Awards points on any merchandise purchased from clothes, to shoes, to appliances. You can also redeem points on Myer gift cards.

Bernie Brookes, Myer CEO, describes the collaboration with CommBank as ‘consumer-driven’ since Myer One members benefit as well.

‘MYER one members will also earn MYER one shopping credits on purchases made using Commonwealth Awards points, delivering additional rewards to these customers as we further strengthen our loyalty offer,’ he said.

Commonwealth Bank Awards Program: Interview with Lynn Hamblet

Click here for video transcript

Jeremy: Hi. I’m Jeremy Cabral, from, and we’re here to talk to Lynn Hamlett, the Executive Manager of Credit Cards from Commonwealth Bank. Lynn, thank you for joining us.

Lynn: It’s great to be here.

Jeremy: When it comes to choosing a rewards credit card, why should someone choose CommBank?

Lynn: The CommBank Awards Program is the largest awards program of any Australian bank. All of our awards accounts come with an American Express card and a MasterCard card. This means our
customers can maximise their points earning potential, as well as having the freedom of knowing that their card is accepted at over 35 million locations worldwide. What’s more, with our Awards Program, our points never expire.

Jeremy: How can customers earn CommBank awards points?

Lynn : Most purchases you make with your CommBank Awards card will earn you points. We also have a bonus partner program, whereby customers can earn bonus points at some of our selected bonus partners. For a full list of our bonus partners, you can visit the website.

The main difference with the CommBank Awards Program is that we not only allow our customers to redeem by the more traditional methods, such as over the phone or online, but our customers
have the power to redeem their points in-store at Myer and FlatCentre stores nationwide. All our customers need to do is present their card at Myer or Flight Centre stores and ask to pay with points. If you don’t have enough points to pay for the total amount, you can make up the difference, just like any other purchase.

Jeremy: So how can somebody apply for a CommBank Awards credit card?

Lynn: Once you hit Apply on credit card finder, you’ll be taken to a secure website where you can complete your application. We offer a 60 second response.

How it works

  1. Choose what you want to buy from any Myer department store
  2. Ask to ‘pay with points’
  3. Swipe your card using your points and earn points on your Myer one shopping card too. You can also pay a portion with your points, and the remaining with cash or EFTPOS
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What is the value of my Awards points?

Like any loyalty program, such as the CommBank and Myer Points Program, you’ll need to spend money regularly to reap the rewards – which for some, can lead to financial problems. However, if you’re in control of your finances, reward systems could give you many benefits.

Compared to other reward systems, the CommBank Myer Points Program could be perfect for you if you want instant rewards. However, if you are happy to go online, choose your reward and wait for it in the mail, then another rewards scheme may be a cheaper option. The same applies if you’re a travel bug and enjoy saving your points for flying. Like any rewards program, you need to think carefully about the type of rewards you want, compared to the ones you’re more likely to use.

For example, if you have the Commonwealth Bank Awards American Express card, you need to spend approximately $11,600 to get a $100 Myer Gift card. Compared to the Myer Visa Card, where you need to spend $10,000 to get a $100 Myer Gift Card. So you need to consider whether the $1,600 difference is worth getting your rewards immediately. Myer Visa restricts you to only rewards only from Myer, whereas the CommBank Awards program provides you with a larger range such as frequent flyer points and gift card facilities.

ProductRecommended Retail PriceAwards PointsEquivalent in dollars

Fossil Watch

Fossil Watch


Olga Berg Croc Print Clutch

Olga Berg Croc Print Clutch


Kitchenaid KSM150 Artisan Stand Mixer

Kitchenaid KSM150 Artisan Stand Mixer


As a general guide, for beauty and lifestyle purchases you need to spend approximately double the RRP to be able to claim 100 per cent of the product back. In this case, it may be more worthwhile to use your points on a homeware product to truly reap the benefits of the CommBank Myer Points System.

Keep in mind that the points system may vary item to item and beware of changing terms and conditions.

Things to consider about the Commonwealth Bank Myer Points Redemption System

  • Myer’s Return Policy
    All returns and exchanges are subject to Myer’s return policy, which means that you will need to be able to provide proof of purchase. This applies to all merchandise purchased with points from your Awards card.
  • What you can’t redeem
    You cannot redeem the points for cash, towards payment of Myer Visa card account, layby accounts and ‘Coles & Myer’ gift cards. Some food and Miele appliances may apply from time to time.

Commonwealth Bank and Myer have provided this unique opportunity for shoppers. Would you be willing to take advantage of this offer? Leave a comment as to whether you will be paying with points next time you shop at Myer.

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12 Responses to Redeem Commonwealth Bank Awards Points at Myer

  1. Default Gravatar
    Irena | July 23, 2015

    Am I able to claim my annual credit card fee ($59.00) through my points?

    Kind regards

    • Staff
      Jonathan | July 23, 2015

      Hi Irena, thanks for your inquiry!

      Unfortunately the annual fee cannot be subsidised through this award points scheme. Please refer to the awards PDF I have sent to your email for the redeemable awards.



  2. Default Gravatar
    Frances | July 19, 2015

    Can I find out the Myer dollar value of my awards points online, instead of in-store?

    • Staff
      Jonathan | July 20, 2015

      Hi Frances, thanks for your inquiry!

      Unfortunately there is currently no platform to allow you to check your Myer dollar value online. You can ask a team member at a Myer register to swipe your CommBank Awards credit card to check whether you have an available balance to spend at Myer.



  3. Default Gravatar
    Barry | March 14, 2015

    I have been purchasing from Myer using my points. I need to locate a transaction required for warranty on the item. Is there any way I can look up my transactions.

    • Staff
      Jonathan | March 16, 2015

      Hi Barry, thanks for your inquiry.

      When using a credit or debit card to make a warranty claim, the “cardholder and the same card must also be present”. Transactions with Commonwealth Bank cards can be viewed by logging into Netbank.

      I hope this helps.



  4. Default Gravatar
    Mary | July 30, 2014

    In the past we have redeemed points to use for various hotel accommodation in Sydney. Can you please let me know which hotels you have participating at present?

    • Staff
      Shirley | July 30, 2014

      Hi Mary,

      Just to clarify, is an online comparison service. We are not affiliated with Commonwealth Bank.

      Some rewards include: Rendezvous, Crown and you can redeem points for Flight Centre rewards.


  5. Default Gravatar
    anna | May 11, 2014

    to spend $119 at myers how many true awards points do i need

    • Staff
      Shirley | May 14, 2014

      Hi Anna,

      Thanks for your question.

      According to the Commbank Myer calculator, you’ll need 5556 points to make a $119 purchase at Myer.


  6. Default Gravatar
    Howard | March 26, 2013

    How are points accrued? i.e. how many dollars need to be spent to gain one point. Is there an American Express option with double points as Westpac do? Are they available for purchases in Harvey Norman, Dick Smith, David Jones etc
    Thank you

    • Staff
      Marc | March 27, 2013

      Hello Howard,
      Commonwealth Bank Awards Points are accrued by using a Commonwealth Bank Awards card for your spending. There are four different Awards cards, the first of which starts earning points at a rate of 1 for every $1 spent, or more when using the linked American Express card. The others earn points at a faster rate, and also have linked American Express MasterCards. You can use them anywhere a usual credit card is accepted. For more information please look at this page.


Credit Cards Comparison

Rates last updated November 27th, 2015
Purchase rate (p.a.) Cash advance rate (p.a.) Balance transfer rate (p.a.) Annual fee
St.George Vertigo Platinum
A platinum card with a low interest rate on balance transfers and purchases with a low annual fee.
0% p.a. for 3 months (reverts to 12.74% p.a.) 21.49% p.a. 0% p.a. for 20 months $99 p.a. Go to site More info
NAB Premium Card
Long term balance transfer offer with premium benefits such as travel insurance.
0% p.a. for 15 months (reverts to 19.74% p.a.) 21.74% p.a. 0% p.a. for 15 months $90 p.a. Go to site More info
HSBC Platinum Credit Card
Earn 1 Rewards Point per $1 spent plus a balance transfer offer. Access Platinum benefits with personal concierge service, complimentary travel insurance.
19.99% p.a. 21.99% p.a. 0% p.a. for 8 months $0 p.a. Go to site More info
Citi Rewards Credit Card - Classic Card
Earn up to 20,000 bonus points with 2 points for every dollar spent in the first three months. Also enjoy 0% p.a. on balance transfers for 12 months.
20.99% p.a. 21.74% p.a. 0% p.a. for 12 months $0 p.a. annual fee for the first year ($89 p.a. thereafter) Go to site More info
American Express Velocity Escape Card
Enjoy 7,500 bonus Velocity Points and earn 2.00 points for every $1 you spend, together with a $0 annual fee. Also receive 0% for 12 months on balance transfers. Offer ends on 2 February 2016.
20.74% p.a. 0% p.a. for 12 months with 1% balance transfer fee $0 p.a. Go to site More info

* The credit card offers compared on this page are chosen from a range of credit cards has access to track details from and is not representative of all the products available in the market. Products are displayed in no particular order or ranking. The use of terms 'Best' and 'Top' are not product ratings and are subject to our disclaimer. You should consider seeking independent financial advice and consider your own personal financial circumstances when comparing cards.

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