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Commonwealth Awards?

Maybe I was too slow to realise this.  This is what I found out today.

Commonwealth Awards is able to redeem points for MasterCard prepaid gift card.  This is the number of points required for $200 prepaid card:

March 2011   - 33100 points
March 2012   - 36800 points
October 2012 - 40000 points

That is around 10% increased every time I looked into it.

What a rip-off!!!  I just want to post this out so people learns how banks are ripping us off.
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Location: Australia

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