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    • Commonwealth Bank Platinum Awards Credit Card

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    • Platinum Awards Credit Card card from Commonwealth Bank

    • 20.74%

    • 5.99% for 5 months and then 21.74%

    • $280.00

    • 55

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

    • 20.74%

    • 5.99% for 5 months and then 21.74%

    • $280.00

    • 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 Airpoints or through Flight Centre vouchers.
    • Bonus points at over 30 partners including hotels, travel and more.

    Privileges

    • Concierge
    • Travel Accident Insurance
    • Extended Warranty
    • Purchase Protection

    Value of rewards points

    • Example reward
    • You'd need to spend
    •  
    • MasterCard
    • Amex
    • Flight: Sydney-Melbourne
    • $19,600
    • $6,533
    • Flight: Sydney-London
    • $250,000
    • $150,000
    • $100 gift card
    • $17,400
    • $5,800
    • $100 cash back
    • $20,000
    • $6,667
    • Points are capped?
    • at $150,000 pa
    • Points expire?
    • Never

    Details behind our 'value of rewards' calculations

    • Points earning 3 points per dollar on Amex, 1 points per dollar on MasterCard, up to 150000 points per year
      1 points per dollar on Amex, 0 points per dollar on MasterCard, up to 250000 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

    • Points are automatically credited to the Qantas Frequent Flyer program.
    • All rewards are redeemed via Qantas Frequent Flyer.
    • Bonus points at over 30 partners including hotels, travel and more.

    Privileges

    • Concierge
    • Travel Accident Insurance
    • Extended Warranty
    • Purchase Protection

    Value of rewards points

    • Example reward
    • You'd need to spend
    •  
    • MasterCard
    • Amex
    • Flight: Sydney-Melbourne
    • $25,700
    • $8,567
    • Flight: Sydney-London
    • $256,000
    • $138,667
    • $100 gift card
    • $27,000
    • $9,000
    • Points are capped?
    • at $120,000 pa
    • Points expire?
    • Never

    Details behind our 'value of rewards' calculations

    • Points earning 3 points per dollar on Amex, 1 points per dollar on MasterCard, up to 120000 points per year
      1 points per dollar on Amex, 0 points per dollar on MasterCard, up to 200000 points per year
    • Flight: Sydney-Melbourne 1 points buys 0.5 Qantas Frequent Flyer Points; 12850 Qantas Frequent Flyer Points buys a Qantas Syd-Mel flight
    • Flight: Sydney-London 1 points buys 0.5 Qantas Frequent Flyer Points; 128000 Qantas Frequent Flyer Points buys a Qantas London flight
    • $100 gift card 1 points buys 0.5 Qantas Frequent Flyer Points; 13500 Qantas Frequent Flyer Points buys a Myer $100 Gift Card

    (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
    $280.00
    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 CBA account. $50 cash back if apply online and card used within 30 days of activation.

    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
    $280.00
    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 CBA account. $50 cash back if apply online and card used within 30 days of activation.

    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 6.7 Based on 890
    Commonwealth Bank credit card reviews     		5.6 5.9 6.9 7.8 6.9

    Read Commonwealth Bank credit card reviews by the Mozo community

    Latest reviews of Commonwealth Bank Platinum Awards Credit Card

      • Commonwealth Bank Platinum Awards Credit Card *

        Commonwealth Bank Low Fee Student Credit Card *

        More Commonwealth Bank credit cards

        * Fees and charges are payable

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        Excellent customer service and good rewards.

          11. Overall customer rating
          12. (Reviewed 8 days ago)

        This is the most awesome credit card. I get good points, its accepted everywhere and we get the best customer service.       Full review 

        This is the most awesome credit card. I get good points, its accepted everywhere and we get the best customer service.


          11. Price
          11. Features
          11. Service
          11. Convenience
          11. Trust
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        Commonwealth Bank Platinum Awards Credit Card credit card review by Shane from New South Wales

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        Yes

      • Commonwealth Bank Platinum Awards Credit Card *

        Commonwealth Bank Low Fee Student Credit Card *

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        * Fees and charges are payable

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        Its rewarding to hv Platinum Awards Credit card

          11. Overall customer rating
          12. (Reviewed 15 days ago)

        I like the product for the following reasons: The best thing about my credit card is that it came as a package of 2 cards, 1 Mastercard and 1 Amex. I get 1 award points for spending every dollar using the Mastercard and 2 award points for using...       Full review 

        I like the product for the following reasons: The best thing about my credit card is that it came as a package of 2 cards, 1 Mastercard and 1 Amex. I get 1 award points for spending every dollar using the Mastercard and 2 award points for using the Amex. Another wonderful feature is that I am entitled to free travel insurance if I pay my airfares using any of the cards.


          11. Price
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        Commonwealth Bank Platinum Awards Credit Card credit card review by Md. from New South Wales

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        Yes

      • Commonwealth Bank Platinum Awards Credit Card *

        Commonwealth Bank Low Fee Student Credit Card *

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        * Fees and charges are payable

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        Dodgy

          11. Overall customer rating
          12. (Reviewed 16 days ago)

        Dodgy! They allow someone to overdraw my Credit Card then tell me it is my fault. I ask them if they knew that the card was being overdrawn, they say yes, so I ask them why the didn't tell me and they say they thought I knew. How am I to know if I...       Full review 

        Dodgy! They allow someone to overdraw my Credit Card then tell me it is my fault. I ask them if they knew that the card was being overdrawn, they say yes, so I ask them why the didn't tell me and they say they thought I knew. How am I to know if I'm not told??


          11. Price
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        Commonwealth Bank Platinum Awards Credit Card credit card review by Tim from Victoria

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        Yes

      • Commonwealth Bank Platinum Awards Credit Card *

        Commonwealth Bank Low Fee Student Credit Card *

        More Commonwealth Bank credit cards

        * Fees and charges are payable

        Show Rates

        Excellent reward benefits

          11. Overall customer rating
          12. (Reviewed 17 days ago)

        I like this platinum awards credit card from the commonwealth bank as it has many useful features such as travel insurance, and also if you opt for a link american express card you earn triple award points. I do this and find I get at least a $50 ...       Full review 

        I like this platinum awards credit card from the commonwealth bank as it has many useful features such as travel insurance, and also if you opt for a link american express card you earn triple award points. I do this and find I get at least a $50 voucher each month just paying bills and food items. The downsides are the annual fees - if these were reduced it would be almost the perfect credit card.


          11. Price
          11. Features
          11. Service
          11. Convenience
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        Commonwealth Bank Platinum Awards Credit Card credit card review by Michelle from Victoria

        Was this review helpful?

        Yes

      • Commonwealth Bank Platinum Awards Credit Card *

        Commonwealth Bank Low Fee Student Credit Card *

        More Commonwealth Bank credit cards

        * Fees and charges are payable

        Show Rates

        Good card, can use it anywhere.

          11. Overall customer rating
          12. (Reviewed 25 days ago)

        I've never had problem with my platinum awards credit card. We use it for all our shopping and pay it off before the interest free period finishes. Great card.       Full review 

        I've never had problem with my platinum awards credit card. We use it for all our shopping and pay it off before the interest free period finishes. Great card.


          11. Price
          11. Features
          11. Service
          11. Convenience
          11. Trust
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        Commonwealth Bank Platinum Awards Credit Card credit card review by Fady from New South Wales

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        Yes

      • Commonwealth Bank Platinum Awards Credit Card *

        Commonwealth Bank Low Fee Student Credit Card *

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        * Fees and charges are payable

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        Would think twice before going ahead

          11. Overall customer rating
          12. (Reviewed about 1 month ago)

        When our business failed and we approached the bank for assistance with the monthly repayments, they were not very obliging. Guess you need to be a big player to get any assistance when one faces financial stress       Full review 

        When our business failed and we approached the bank for assistance with the monthly repayments, they were not very obliging. Guess you need to be a big player to get any assistance when one faces financial stress


          11. Price
          11. Features
          11. Service
          11. Convenience
          11. Trust
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        Commonwealth Bank Platinum Awards Credit Card credit card review by Lyn from Western Australia

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        Yes

      • Commonwealth Bank Platinum Awards Credit Card *

        Commonwealth Bank Low Fee Student Credit Card *

        More Commonwealth Bank credit cards

        * Fees and charges are payable

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        Good product, very suitable for our needs

          11. Overall customer rating
          12. (Reviewed about 1 month ago)

        There are a lot of extra benefits wit this credit card and you really need to take the time and read, look on internet and find out exactly what you are entitled to as there are many       Full review 

        There are a lot of extra benefits wit this credit card and you really need to take the time and read, look on internet and find out exactly what you are entitled to as there are many


          11. Price
          11. Features
          11. Service
          11. Convenience
          11. Trust
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        Commonwealth Bank Platinum Awards Credit Card credit card review by Narelle from New South Wales

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        Yes

      • Commonwealth Bank Platinum Awards Credit Card *

        Commonwealth Bank Low Fee Student Credit Card *

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        * Fees and charges are payable

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        A pricey option, but not without it's qualities.

          11. Overall customer rating
          12. (Reviewed about 1 month ago)

        A combination of High costs and interest rates make this card hard to recommend, there are many better platinum cards on the market. I, however, use this card because of the convenience and service reputation of the commonwealth bank.       Full review 

        A combination of High costs and interest rates make this card hard to recommend, there are many better platinum cards on the market. I, however, use this card because of the convenience and service reputation of the commonwealth bank.


          11. Price
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          11. Service
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        Commonwealth Bank Platinum Awards Credit Card credit card review by Jack from New South Wales

        1 person found this review helpful – do you?

        Yes

      • Commonwealth Bank Platinum Awards Credit Card *

        Commonwealth Bank Low Fee Student Credit Card *

        More Commonwealth Bank credit cards

        * Fees and charges are payable

        Show Rates

        Customer service is good

          11. Overall customer rating
          12. (Reviewed about 1 month ago)

        I can get points when i purchase goods, and then I can use points to do something. Also there is no annual fee. so i like it.       Full review 

        I can get points when i purchase goods, and then I can use points to do something. Also there is no annual fee. so i like it.


          11. Price
          11. Features
          11. Service
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        Commonwealth Bank Platinum Awards Credit Card credit card review by Lorren from New South Wales

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        Yes

      • Commonwealth Bank Platinum Awards Credit Card *

        Commonwealth Bank Low Fee Student Credit Card *

        More Commonwealth Bank credit cards

        * Fees and charges are payable

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        Excellent customer service and reasonable rates.

          11. Overall customer rating
          12. (Reviewed about 1 month ago)

        The product is easy to use and it has the additional facility of tap and go under a certain value without pin or signing.       Full review 

        The product is easy to use and it has the additional facility of tap and go under a certain value without pin or signing.


          11. Price
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          11. Service
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          11. Trust
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        Commonwealth Bank Platinum Awards Credit Card credit card review by Alex from New South Wales

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        Yes

      • Commonwealth Bank Platinum Awards Credit Card *

        Commonwealth Bank Low Fee Student Credit Card *

        More Commonwealth Bank credit cards

        * Fees and charges are payable

        Show Rates

        Great if you don't have to pay the annual fee

          11. Overall customer rating
          12. (Reviewed about 1 month ago)

        I get this with my home loan otherwise the fees are excessive over a normal card. The rewards points, particularly on the AMEX card are triple. However there is very little to help you switch to the card in terms of helping you find and notify yo...       Full review 

        I get this with my home loan otherwise the fees are excessive over a normal card. The rewards points, particularly on the AMEX card are triple. However there is very little to help you switch to the card in terms of helping you find and notify your direct debits.


          11. Price
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        Commonwealth Bank Platinum Awards Credit Card credit card review by David from Queensland

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        Yes

      • Commonwealth Bank Platinum Awards Credit Card *

        Commonwealth Bank Low Fee Student Credit Card *

        More Commonwealth Bank credit cards

        * Fees and charges are payable

        Show Rates

        I was loyal but I will take best offer from now on

          11. Overall customer rating
          12. (Reviewed about 1 month ago)

        I like the product but with the way the banks are treating us with housing loan interest rates I am very suspicious of them and after banking with the same bank for fourty years I am not loyal to them anymore.       Full review 

        I like the product but with the way the banks are treating us with housing loan interest rates I am very suspicious of them and after banking with the same bank for fourty years I am not loyal to them anymore.


          11. Price
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        Commonwealth Bank Platinum Awards Credit Card credit card review by Gary from New South Wales

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      • Commonwealth Bank Platinum Awards Credit Card *

        Commonwealth Bank Low Fee Student Credit Card *

        More Commonwealth Bank credit cards

        * Fees and charges are payable

        Show Rates

        Great product, secure bank

          11. Overall customer rating
          12. (Reviewed 2 months ago)

        I find this product flexible, clear statements, excellent on-line Netbanking and very widely accepted ANYWHERE. Would highly recommend it.       Full review 

        I find this product flexible, clear statements, excellent on-line Netbanking and very widely accepted ANYWHERE. Would highly recommend it.


          11. Price
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        Commonwealth Bank Platinum Awards Credit Card credit card review by Stephen from Western Australia

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        Yes

      • Commonwealth Bank Platinum Awards Credit Card *

        Commonwealth Bank Low Fee Student Credit Card *

        More Commonwealth Bank credit cards

        * Fees and charges are payable

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        Easy to activate , good rewards program

          11. Overall customer rating
          12. (Reviewed 2 months ago)

        Easy to activate , good rewards program , excellent backup , easy access to help ,overall a great card and product       Full review 

        Easy to activate , good rewards program , excellent backup , easy access to help ,overall a great card and product


          11. Price
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        Commonwealth Bank Platinum Awards Credit Card credit card review by Mick from Western Australia

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      • Commonwealth Bank Platinum Awards Credit Card *

        Commonwealth Bank Low Fee Student Credit Card *

        More Commonwealth Bank credit cards

        * Fees and charges are payable

        Show Rates

        Internet banking is the only good thing about them

          11. Overall customer rating
          12. (Reviewed 2 months ago)

        I wonder if the rewards are worth the $250 annual fee. They disappear after three years if you don't use them even if you don't have enough to use them. They cancel out after you reach a certain amount even though you keep spending money. Don't t...       Full review 

        I wonder if the rewards are worth the $250 annual fee. They disappear after three years if you don't use them even if you don't have enough to use them. They cancel out after you reach a certain amount even though you keep spending money. Don't they get enough from merchant fees to wipe the $250 annual fee? Not really happy, don't pay interest but don't think they are really giving us a good reason to stay with them.


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        Commonwealth Bank Platinum Awards Credit Card credit card review by Janice from Western Australia

        2 people found this review helpful – do you?

        Yes

      • Commonwealth Bank Platinum Awards Credit Card *

        Commonwealth Bank Low Fee Student Credit Card *

        More Commonwealth Bank credit cards

        * Fees and charges are payable

        Show Rates

        Good extras, high annual fee

          11. Overall customer rating
          12. (Reviewed 3 months ago)

        The extras that we receive with this card are good, such as discounts and travel insurance, but the annual fee is large when it attaches to your account. I'm sure the fee covers more than we use but I'm also sure the bank wouldn't really be losing...       Full review 

        The extras that we receive with this card are good, such as discounts and travel insurance, but the annual fee is large when it attaches to your account. I'm sure the fee covers more than we use but I'm also sure the bank wouldn't really be losing out.


          11. Price
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        Commonwealth Bank Platinum Awards Credit Card credit card review by a Mozo reviewer from Queensland

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      • Commonwealth Bank Platinum Awards Credit Card *

        Commonwealth Bank Low Fee Student Credit Card *

        More Commonwealth Bank credit cards

        * Fees and charges are payable

        Show Rates

        Very average

          11. Overall customer rating
          12. (Reviewed 3 months ago)

        The website is not intuitive and the bank itself does not recognise customers who have been with them for more than 30 years. You are no different to someone who just joined and the service is very inflexible.       Full review 

        The website is not intuitive and the bank itself does not recognise customers who have been with them for more than 30 years. You are no different to someone who just joined and the service is very inflexible.


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        Commonwealth Bank Platinum Awards Credit Card credit card review by Steph from Western Australia

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      • Commonwealth Bank Platinum Awards Credit Card *

        Commonwealth Bank Low Fee Student Credit Card *

        More Commonwealth Bank credit cards

        * Fees and charges are payable

        Show Rates

        A good range of products to suit your needs

          11. Overall customer rating
          12. (Reviewed 3 months ago)

        Always read the fine print and make sure you know what every cent you borrow costs. High rewards usually means high fees and interest rates.       Full review 

        Always read the fine print and make sure you know what every cent you borrow costs. High rewards usually means high fees and interest rates.


          11. Price
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        Commonwealth Bank Platinum Awards Credit Card credit card review by Keith from Victoria

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      • Commonwealth Bank Platinum Awards Credit Card *

        Commonwealth Bank Low Fee Student Credit Card *

        More Commonwealth Bank credit cards

        * Fees and charges are payable

        Show Rates

        Great Card

          11. Overall customer rating
          12. (Reviewed 4 months ago)

        Best card for rewards. Spend and be rewarded.       Full review 

        Best card for rewards. Spend and be rewarded.


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        Commonwealth Bank Platinum Awards Credit Card credit card review by Priya from Victoria

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