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    • Commonwealth Bank Awards Credit Card

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    • Awards Credit Card card from Commonwealth Bank

    • 20.74%

    • 5.99% for 5 months and then 21.74%

    • $89.00

    • 55

    • Awards Credit Card (Qantas Awards) card from Commonwealth Bank

    • 20.74%

    • 5.99% for 5 months and then 21.74%

    • $89.00

    • 55

    Currently showing:

    Rewards scheme

    • Transfer points to a range of airline programs or redeem your points for travel, cashback, gift cards, retail rewards and shopping gift cards.
    • You can get flights via Velocity, Air New Zealand points or through Flight Centre vouchers.
    • Bonus points at over 30 partners including hotels, travel and more.

    Value of rewards points

    • Example reward
    • You'd need to spend
    •  
    • MasterCard
    • Amex
    • Flight: Sydney-Melbourne
    • $19,600
    • $13,067
    • Flight: Sydney-London
    • $250,000
    • $166,667
    • $100 gift card
    • $17,400
    • $11,600
    • $100 cash back
    • $20,000
    • $13,333
    • Points are capped?
    • at $50,000 pa
    • Points expire?
    • Never

    Details behind our 'value of rewards' calculations

    • Points earning 1.5 points per dollar on Amex, 1 points per dollar on MasterCard, up to 50000 points per year
    • Flight: Sydney-Melbourne 1 points buys 0.5 Velocity Points; 9800 Velocity Points buys a Virgin Australia Syd-Mel flight
    • Flight: Sydney-London 1 points buys 0.5 Velocity Points; 125000 Velocity Points buys a Velocity partner London flight
    • $100 gift card 17400 points buys a David Jones $100 Gift Card
    • $100 cash back 20000 points buys a $100 credit

    (how did we do it? find out...)

    Rewards scheme

    • Transfer points to a range of airline programs or redeem your points for travel, cashback, gift cards, retail rewards and shopping gift cards.
    • You can get flights via Velocity, Air New Zealand points or through Flight Centre vouchers.
    • Bonus points at over 30 partners including hotels, travel and more.

    Value of rewards points

    • Example reward
    • You'd need to spend
    •  
    • MasterCard
    • Amex
    • Flight: Sydney-Melbourne
    • $19,600
    • $13,067
    • Flight: Sydney-London
    • $250,000
    • $166,667
    • $100 gift card
    • $17,400
    • $11,600
    • $100 cash back
    • $20,000
    • $13,333
    • Points are capped?
    • at $50,000 pa
    • Points expire?
    • Never

    Details behind our 'value of rewards' calculations

    • Points earning 1.5 points per dollar on Amex, 1 points per dollar on MasterCard, up to 50000 points per year
    • Flight: Sydney-Melbourne 1 points buys 0.5 Velocity Points; 9800 Velocity Points buys a Virgin Australia Syd-Mel flight
    • Flight: Sydney-London 1 points buys 0.5 Velocity Points; 125000 Velocity Points buys a Velocity partner London flight
    • $100 gift card 17400 points buys a David Jones $100 Gift Card
    • $100 cash back 20000 points buys a $100 credit

    (how did we do it? find out...)

    Rates

    Purchase rate
    20.74%
    Intro purchase rate
    none
    Balance transfer rate
    5.99% for 5 months and then 21.74%
    Balance transfer term
    5 Months
    Balance transfer revert to cash
    yes
    Cash advance rate
    21.74%
    Interest free days
    55

    Other financial bits

    Minimum repayment amount
    $25.00
    Minimum repayment percent
    2.0

    Fees

    Annual card fee
    $89.00
    Introductory fee
    none
    Annual fee spend threshold
    none
    Reward program fee
    $
    Late payment fee
    $20.00
    Overlimit fee
    $10.00
    Cash advance fee
    $$2.50 or 1.5%
    Foreign exchange margin
    2.95%
    Duplicate statement fee
    $0.00
    Transaction verification fee
    $0.00
    Additional card fee
    $15.00
    Establishment fee
    $

    Features

    Additional cardholders
    1
    Other restrictions
    none
    Other benefits
    Receive an Amex card linked to your MasterCard. Access to Amex Selects, globaleshop by Amex. Annual fee reduced by $30 each year if you hold a current Commonwealth Bank account.

    Rates

    Purchase rate
    20.74%
    Intro purchase rate
    none
    Balance transfer rate
    5.99% for 5 months and then 21.74%
    Balance transfer term
    5 Months
    Balance transfer revert to cash
    yes
    Cash advance rate
    21.74%
    Interest free days
    55

    Other financial bits

    Minimum repayment amount
    $25.00
    Minimum repayment percent
    2.0

    Fees

    Annual card fee
    $89.00
    Introductory fee
    none
    Annual fee spend threshold
    none
    Reward program fee
    $10.00
    Late payment fee
    $20.00
    Overlimit fee
    $10.00
    Cash advance fee
    $$2.50 or 1.5%
    Foreign exchange margin
    2.95%
    Duplicate statement fee
    $0.00
    Transaction verification fee
    $0.00
    Additional card fee
    $15.00
    Establishment fee
    $

    Features

    Additional cardholders
    1
    Other restrictions
    none
    Other benefits
    Receive an Amex card linked to your MasterCard. Access to Amex Selects, globaleshop by Amex. Annual fee reduced by $30 each year if you hold a current Commonwealth Bank account.

    About Commonwealth Bank

    The Commonwealth Bank might be one of Australia’s oldest and largest banks, but lately it’s determined to do things differently. The Commonwealth Bank reckons it’s focusing more on customer service and earning your business rather than counting on it. If you like the sound of that, then check out the Commonwealth Bank’s wide range of personal banking products, including term deposits, savings accounts, credit cards, home loans and personal loans.

    How are Commonwealth Bank credit cards rated by the Mozo community?

    Product Type Overall Price Features Service Convenience Trust
    Commonwealth Bank credit cards 6.5 Based on 893
    Commonwealth Bank credit card reviews     		5.5 5.9 6.8 7.8 6.8

    Read Commonwealth Bank credit card reviews by the Mozo community

    Latest reviews of Commonwealth Bank Awards Credit Card (Qantas Awards)

      • Commonwealth Bank Awards Credit Card

        Commonwealth Bank Platinum Awards Credit Card

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        Show Rates

        Very secure but high interest rate

          11. Overall customer rating
          12. (Reviewed 13 days ago)

        Remember if you don't pay the whole amount owing on the due date you will be charged at least 21% interest on the whole amount not just what you haven't paid but it is good being able to transfer money by netbank..       Full review 

        Remember if you don't pay the whole amount owing on the due date you will be charged at least 21% interest on the whole amount not just what you haven't paid but it is good being able to transfer money by netbank..


          11. Price
          11. Features
          11. Service
          11. Convenience
          11. Trust
        Less
        Commonwealth Bank credit card review by Donella from South Australia

        Was this review helpful?

        Yes

      • Commonwealth Bank Awards Credit Card

        Commonwealth Bank Platinum Awards Credit Card

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        Show Rates

        i love the local branch but hate this card

          11. Overall customer rating
          12. (Reviewed 13 days ago)

        The interest rate is a killer with this card. There are so many other cards that are better value for money. I will be changing cards ASAP. The reward items are not worth the interest rate fee charged every month.       Full review 

        The interest rate is a killer with this card. There are so many other cards that are better value for money. I will be changing cards ASAP. The reward items are not worth the interest rate fee charged every month.


          11. Price
          11. Features
          11. Service
          11. Convenience
          11. Trust
        Less
        Commonwealth Bank credit card review by Con from Victoria

        Was this review helpful?

        Yes

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