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
|Category||Balance Transfer Credit Cards and Rewards Credit Cards|
|Minimum Credit Limit||$500|
|Additional Cardholder Fee||$10 p.a.|
|Rewards Program||CommBank Awards|
|Points Earn Rate||1 points per $1|
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 Payments||Apple Pay, Fitbit Pay, Garmin Pay, Google Pay and Samsung Pay|
|Rates & Fees|
|Purchase Rate||20.24% p.a.|
|Cash Advance Fee||3%|
|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 Rate||21.24% p.a.|
|Balance Transfer Rates|
|Balance Transfer Period||5 months|
|Balance Transfer Rate||5.99% p.a.|
|Release date||June 2007|
Reviewer Photos & Videos
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!
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
Reliable and instantaneous response when used
Works well in multiple scenarios such as for eftpos machines or vending machines using PayPass application of payment in addition to the standard swipe or insert and pin method of use.
Easy to use
I have been using this card for years and find it simple to use. The bank app makes it very convenient and it is easy to transfer money to the card and do your banking. I like the points, good way to treat yourself.
Good bank with a lot of youth incentives that help you manage your money more efficeiny. As a result I am able to manage and finance my money now at an important age
No frills Basic Credit Card
Had this card for almost 10 years.
No frills and hasn't failed me once.
I use it for convenience so I pay up when the statement comes.
I once missed a payment because I didn't receive the statement but CBA was kind enough to waive the interest penalty and charges. I have used it overseas and the exchange rate is typical of Aussie Banks-lousy.
Plus there is a charge for using the card-so I don't use my CBA card overseas.
Like I say-this is a no frills card so no reward points.
Accrue points for everyday usage
I simply use the Awards card for my everyday grocery to apparel shopping. The amount that I would have spent from my Debit card , I spend the same with my credit card and accrue points for the usage.
Its a pretty good card for me till now.
Good card for Lots if Rewards
My Commonwealth Bank Rewards card is easy to use. I have had this card for many years. All you need to do is pay for anything every time you shop and watch your points accumulate on your card. These points are great for all sorts of rewards and are very handy when you want to redeem for different things. I particularly like to redeem supermarket vouchers like Coles and Woolies. These rewards are also handy for special occasions like Birthdays and Christmas. The supermarket vouchers are available straight away via e-gift cards. Other rewards such as electrical, outdoors and more generally take between 2-4 weeks to arrive depending on their availability and where they are coming from.
Been with Combank for over 20 years (and I'm only 29)
I am very satisfied with my com bank cards, the credit cards are easy to use (maybe a little too easy) but also easy to pay off and with the option to transfer between accounts with the app makes it a lot easier!
Does what it is meant to.
Have used this card for many years and it just works. I have had to get a chargeback done once, due to problems with a dishonest business and it almost worked properly. Qantas points have been halved in last couple of years and interest rates still very high.
Easy to use, great protection options.
have had this card for a few decades, the best bit is being able to control how it is used via netbank, i can turn tap on and off, i can disable international payments in store and online, if anything looks fishy they call me up to ask, I pay the whole balance off every month so don't have interest charges, overall happy with the service.
Easy to use
Easy to apply, only took less than a week to complete the application. It also can be used when you travelling overseas, but be aware of the administration fees and currency rates.
I have used it in several other countries, and found it accepted with no issues. The rewards are satisfactory and we use the gold card for overseas travel insurance, which has saved us a lot of money, when compared to most other travel insurance options. Redeeming points is mostly done, but sometimes the product has taken a long time to be delivered.
Good deal - for me
I have a Diamond Card which fortunately I do not have to pay for (free through an affinity program). The travel insurance feature is excellent and provides significant savings. The rewards feature is satisfactory as we use our cards a lot. I now take my rewards as gift cards for supermarkets. Again I extract good value from this card feature. The big negative is the foreign transaction fee on credit card transactions overseas so I have a secondary card from another bank which I use overseas to avoid these foreign transactions fees. I have always had good service when problems arise and would recommend this card if you can get a deal to avoid annual fees.
Great customer service
I've been using CBA for several years and haven't has any problems. Have used card when travelling overseas without issue. The rewards side of things is not that great but good to receive something for nothing. Easy to redeem points.
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