Best Commonwealth Bank Rewards Credit Cards

Was good at one point but now getting worse. More and more rewards are becoming unavailable, even the digital card rewards. Specifically Coles.… Read more

Worked well for a while, now every time you want to redeem a reward the choice is either limited and no availability for what you have points available to purchase. Or as another reviewer mentioned you will get "there are no awards available in your selection" Need to check this with ACCC as even though they will likely have something in the fine print that covers this, it is surely a form of misleading advirtising. If you dont have it dont advirtise it A google search says there are better rewards programs. That's also an option

I've held a Diamond Rewards Visa credit card (and its predecessors) on a fee-free basis for over 30 years. For me, its most useful feature is the… Read more

free travel insurance, especially as I travel overseas several times a year. Otherwise it’s nothing particularly special, compared with my Amex points earning credit card.

I was happy to keep it on a complimentary basis, but a few days ago I received an email from CBA stating that they had been providing this card fee-free in error, and to correct their mistake they would start charging me $32 per month.

Well, of course, I wasn't happy to accept this, and contacted CBA by phone. The agent I spoke to basically said too bad, you’ll just have to wear it. I wasn’t particularly surprised by this response, and had prepared for this eventuality, so I asked the agent to close my account there and then.

To my mind this is just another example of how rapacious the CBA has become, in extracting the last cent from its customers. I also have similar complimentary credit cards with other banks and they have not (yet) pulled the same stunt as CBA.