Commonwealth Bank Awards

Commonwealth Bank Awards

Commonwealth Bank Awards
3.5

88 reviews

PositivevsNegative
61%15%24%

Transparency
3.9
Customer Service
4.0
Rates and Fees
3.6
Rewards
3.8
Online Experience
4.2
Application Process
4.1
Entry-level credit limit of $500 minimum
Low $59 Annual Fee
High Balance Transfer Rate (5.99%)
Awards points earn rate capped at 50,000 per annum
Brand Manager for Commonwealth Bank? Claim your listing.

Details

CategoryBalance Transfer Credit Cards and Rewards Credit Cards
Card TypeMastercard
Minimum Credit Limit $500
Additional Cardholder Fee $10 p.a.
Minimum Repayments2%
Rewards ProgramCommBank Awards
Points Earn Rate 1 points per $1
Points Conditions
  • 1 Awards point per $1 spent using your Mastercard.

This is capped at 50,000 points per year.

You can opt to automatically transfer your Awards points to Qantas Frequent Flyer points. The conversion rate is 2.5 Awards points for 1 QFF point. Additional fees may apply.

Contactless PaymentsApple Pay, Fitbit Pay, Garmin Pay, Google Pay and Samsung Pay
Rates & Fees
Purchase Rate20.24% p.a.
Cash Advance Fee3%
Late Payment Fee$20
Annual Fee$59 p.a.
Foreign Transaction Fee 3%
Overseas ATM Withdrawal Fee$3
Interest Free Period 55 days
Cash Advance Rate21.24% p.a.
Balance Transfer Rates
Balance Transfer Period 5 months
Balance Transfer Rate 5.99% p.a.
Release date
Visit official website

Reviews

88 reviews
Stu R.
Stu R.2 posts
 

Max free

Ive Maxed out my limit. Soo paying the upmost in interest possible and they have the audacity to let me spend past the limit and then charge me per transaction there past a further $10 for no apparent reason. No extra workload on their behalf but considerably more detriment just for me (like it was a punishment). Far king are souls. Lone sharcs Show details
Application Process
Stu R.
Stu R.  
More
Steven
Steven2 posts
 

Bad product and impossible to return

I have spend 6 weeks trying to return a shaver that does not work. It is impossible to do.
I have lost pints and 3 hours of my life I will never get back Show details
Leanne
LeanneGreater Melbourne (Inner), VIC15 posts
 
John
John2 posts
 

Fuel Card Redeemed With Points Is A Dud - Awards Points Wasted

I redeemed my awards points for 2 BP fuel cards. 1 was used by my wife which was fine, the other was rejected when attempting to use. Commbank advises me that the card issuer (BP) says it is an old card which is impossible as I do not hold onto old cards. They can tell you anything they want and you cannot dispute what they say. They will not cancel and re-issue or fix the problem. My advice to anyone thinking of using this service is to photograph the card on the day you receive it, however, if you cannot use the card Commbank will not help you and you will have to wait on the phone for very long periods to get through to anyone. Show details
Anita
AnitaSouth East Queensland, QLD4 posts
 

Great until you make a mistake - then unable to help :(

I accidentally ordered too many of an item with my awards points. This was on the weekend - outside of business hours, so I couldn’t call to rectify this. Called the next business day - I was very politely informed that it was too late; sorry, already processed and nothing they could do. Very disappointing. I made a mistake, but there was no avenue to rectify it. A very unforgiving system. Show details
Channa
ChannaGreater Melbourne (Outer), VIC
 

Excellent customer service

I ordered garden equipment using my award points. All items arrived except the leaf blower. When I inquired, to my surprise, i was told the item was delivered 10 days back to my address. As I did not get it, I asked for the acknowledgement for the delivery. I was then told due to the current epidemic deliveries are not acknowledged and I almost lost hope of getting it. However, the awards team within two days arranged the delivery and I received it yesterday. I am extremely pleased with the way they handled my case.
Andrew S.
Andrew S.Greater Melbourne (Metropolitan), VIC2 posts
 
Rates and Fees
Rewards
Andy
Andy
 

Low minimum credit limit

Good entry level card. The low minimum credit limit of $500 makes it accessible for those times when you need an actual credit not debit card for hotel stays etc. Not really any other benefits of this particular card to mention. Show details
Rates and Fees
Rewards
Sal
SalSydney, NSW5 posts
  Fair Incentive

Great. Love the rewards program

Great card. Always pay by the die date, therefore no interest charges plus the benefit of rewards. Benefit of supplementary card for an additional $10 and only $59 annual fee Show details
Jonah G.
Jonah G.Sydney, NSW
  Fair Incentive

Does the job

The great thing about the CommBank awards card is the convenience in online mobile banking. The awards themselves arnt that interesting for the amount you have to spent to redeem them. Show details
Customer Service
Online Experience
Application Process
MelissaF
MelissaFRyde6 posts
 

nothing special!

I find The awards program really isnt very exciting as you need to spend a fortune to get anything, I spent ALOT of money and for barely anything in return!!! The redemption process is simple once you finally work up enough points, but again, not worth the time! Not worth it, I feel theres a lot of better deals on the market! Show details
Transparency
Customer Service
Rates and Fees
Rewards
Online Experience
Application Process
Dabas
DabasSydney, NSW
  Fair Incentive

Decent Card

I have been using the CBA card since 2013. It's quick in transferring money to this credit card and the customer service is impeccable. Its a decent card to have . Show details
Moh A.
Moh A.Sydney, NSW12 posts
 

Commonwealth credit card

You would pay Standard fees.
Easy to transfer balance to credit card
Rewards given by commonwealth credit card are minimum
Not very satisfied with rewards and points scheme.
Try getting offers from other banks
Ivanna
IvannaPerth, WA13 posts
  Verified

Fantastic Awards

Been with Commbank my whole life and would never change.
Based on my experience using Commonwealth Awards creditcard makes it easier. The cons would be the international fee charge which is quite high!
I find it relatively easy to transfer my balance to the creditcard. The app is super!
Satisfied with the costumer service (answered all my queries), conveniency with Commonwealth bank (branches nearby), getting rewarded for using it and claiming the awards made easy.
It is easy to accumulate points and simple to redeem them. Show details
Ken
Ken5 posts
  Fair Incentive

Functional and straightforward

I have been using the CBA card since 2013. It's quick in transferring money to this credit card and the customer service is impeccable. but I'm not too happy with the annual fee. Show details
Transparency
Customer Service
Rates and Fees
Rewards
Online Experience
Application Process

Questions & Answers

Vince
Vince

does this card have free travel insurance

Extra Information

Brand Manager for Commonwealth Bank? Claim your listing.

ProductReview.com.au has affiliate partnerships. These do not influence our content moderation policies in any way, though ProductReview.com.au may earn commissions for products/services purchased via affiliate links.

©  ProductReview.com.au Pty. Ltd. All Rights Reserved. General disclaimer: All third party trademarks, images and copyrights on this page are used for the purpose of comparative advertising, criticism or review. This is a public forum presenting user opinions on selected products and businesses, and as such the views expressed do not reflect the opinion of ProductReview.com.au. Further details in the disclaimer.