What is the Commbank Yello rewards program?
CommBank Yello is the Commonwealth Bank’s customer loyalty program. Find out who can join, what perks it might deliver and the potential pros and cons with this brief Commbank Yello review.

CommBank Yello is the Commonwealth Bank’s customer loyalty program. Find out who can join, what perks it might deliver and the potential pros and cons with this brief Commbank Yello review.
Key points:
- CommBank Yello is a rewards program for eligible Commonwealth Bank customers.
- It offers perks such as cashback, discounts and prize draws.
- Not all customers are eligible for Yello – you can check your eligibility via the CommBank app.
What is CommBank Yello?
CommBank Yello is a loyalty program for Commonwealth Bank customers, offering a variety of rewards from cashback to excusive offers and discounts from participating retailers, prize draws and bonus points. It was launched in 2022, with the bank saying it wanted to recognise existing customers “by providing them with benefits for banking with us”.
The bank stated that the program would eventually be available to any eligible customer who had a bank account, and that benefits would differ between customers, depending on how long they’d been with the bank and what type of CommBank financial products they held.
Let’s take a closer look at the program and its structure with this brief CommBank Yello review.
How do you join the CommBank Yello rewards program?
Commonwealth Bank says that Yello is available to existing customers via the CommBank app, although eligibility criteria apply. The bank advises customers to download or update the latest version of the CommBank app, then log in and tap ‘CBA Yello’ – if you’re eligible, you’ll unlock access to the program. CommBank says it assesses eligibility requirements at the start of each month.
How do you earn rewards with CommBank Yello?
CommBank Yello currently has three ‘benefit sets’ for customers, with each one providing tailored benefits. The three tiers are Everyday, Everyday Plus and Homeowner. You can see a brief overview of how to be eligible for each of these tiers below, if you are wondering how to get CommBank Yello:
Everyday
- Have an eligible CommBank transaction account and
- Complete 5+ outbound transactions each month from your eligible transaction account or credit card
Everyday Plus
- Have an eligible CommBank transaction account and
- Complete 30+ outbound transactions each month from your eligible transaction account or credit card
Homeowner
- Have an eligible CommBank transaction account and
- Complete 30+ outbound transactions each month from your eligible transaction account or credit card and
- Have an active CommBank home loan
CommBank says that ‘completed’ refers to payments, transfers or cash withdrawals that have been fully processed (which can “sometimes take 10 or more business days”). ‘Outbound’ includes such things as payments or purchases using a debit or credit card on an eligible account, including Digital Wallet transactions; StepPay purchases (not payments); cash withdrawals. Excluded are cash advances on credit cards, and transfers to your own, or your business, accounts.
What are the benefits of CommBank Yello?
CommBank says that Yello members can enjoy a range of benefits. At the time of writing, benefits include:
- Access to offers from brands such as Ampol, Coles, Myer, Menulog, Chemist Warehouse, JB Hi-Fi, Doordash and Event Cinemas
- Discounts on mobile and NBN plans
- Entry into monthly prize draws
- Free 12-month Kit membership (Everyday Plus and Homeowner benefit sets will continue to receive free membership as long as they remain at these set levels)
- CommBank Awards bonus points, awarded monthly
- Cashback on eligible home insurance policies and home loan packages
- Personalised reports on property trends in your local area
For a full breakdown of benefits and eligibility, see the criteria on the CommBank Yello page
What are the potential pros and cons of CommBank Yello?
Potential Pros:
- Earn cashback and rewards for everyday banking
- Earn perks such as CBA Yello insurance cashback and home loan cashback
- Enjoy exclusive offers and discounts from CommBank partners
- Free to join
Potential Cons:
- Currently only available to CommBank customers who meet eligibility criteria
- Staying eligible could be difficult for some people. For example, completing 30+ outbound transactions each month from your eligible transaction account or credit card could be difficult if this is not your main bank account, or if you are trying to curb your spending.
- Only applies to CommBank itself, not to its subsidiaries such as Bankwest and Unloan
Cover image source: igor moskalenko/Shutterstock.com
This article was reviewed by our Editor-in-Chief Nina Rinella before it was updated, as part of our fact-checking process.

Alasdair Duncan is Canstar's Content Editor, specialising in home loans, property and lifestyle topics. He has written more than 500 articles for Canstar and his work is widely referenced by other publishers and media outlets, including Yahoo Finance, The New Daily, The Motley Fool and Sky News. He has featured as a guest author for property website homely.com.au.
In his more than 15 years working in the media, Alasdair has written for a broad range of publications. Before joining Canstar, he was a News Editor at Pedestrian.TV, part of Australia’s leading youth media group. His work has also appeared on ABC News, Junkee, Rolling Stone, Kotaku, the Sydney Star Observer and The Brag. He has a Bachelor of Laws (Honours) and a Bachelor of Arts with a major in Journalism from the University of Queensland.
When he is not writing about finance for Canstar, Alasdair can probably be found at the beach with his two dogs or listening to podcasts about pop music. You can follow Alasdair on LinkedIn.
The comparison rate for all home loans and loans secured against real property are based on secured credit of $150,000 and a term of 25 years.
^WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
Up to $4,000 when you take out a IMB home loan. Minimum loan amounts and LVR restrictions apply. Offer available until further notice. See provider website for full details. Exclusions, terms and conditions apply.
Try our Home Loans comparison tool to instantly compare Canstar expert rated options.
The comparison rate for all home loans and loans secured against real property are based on secured credit of $150,000 and a term of 25 years.
^WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.