
Commbank Smart Awards CC Qantas FF Changing
Hello,
I got my very first CC - the cheapest Commbank Smart Awards CC last December to earn Qantas FF points. I’m single and spend around $2k per month on expenses. They currently waive the fee when I hit $2k of monthly spending and only charge $90 pa to opt in for Qantas FF.
Looks like they’re making a lot of changes to their program and Qantas FF will no longer be available for their Smart Awards CC starting on the 1st of October. They will also stop waiving their fee starting next year. https://www.commbank.com.au/credit-cards/card-updates.html
I’ve already received my sign up bonus points and the main reason why I got it in the first place was because of the monthly fee being waived and the low spending limit.
Questions:
- Would closing the account and getting a different credit card before the 1st of October either from Commbank or a different bank negatively affect my credit score?
- What if I wait until December to finish 12 months before closing it, would it also negatively affect my credit score?
- Would they also take back the points they gave me for signing up?
- Any other CC I should consider that is also quite cheap for a low spender like me? I just want to earn Qantas FF for my everyday spending.
Thank you!