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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

    • 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...)

    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.

    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.

    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 Platinum Awards Credit Card (Qantas Awards)

      • Commonwealth Bank Platinum Awards Credit Card

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        Great Card

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

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

        Best card for rewards. Spend and be rewarded.


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

        Was this review helpful?

        Yes

      • Commonwealth Bank Platinum Awards Credit Card

        Commonwealth Bank Low Fee Student Credit Card

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        Average rates good service

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

        We like our credit card as long as you pay it off every month to avoid interest. We live of it and it gets us reward points that we use to purchase items.       Full review 

        We like our credit card as long as you pay it off every month to avoid interest. We live of it and it gets us reward points that we use to purchase items.


          11. Price
          11. Features
          11. Service
          11. Convenience
          11. Trust
        Less
        Commonwealth Bank credit card review by Gary from New South Wales

        Was this review helpful?

        Yes

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