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|
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.
- Everyday Expenses
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.
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.
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
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.
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 .
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.
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.
I have been using the CBA card for the 4 years. The customer services is good but I don’t like annual fee. Also CBA used to give for Amex 2 points for $1 spent but they get rid of it.
Great card from a great bank!
I've been banking with CBA for all of my financial life and my awards card has helped me reward myself with a range of different items! App is user friendly :)
A simple and beneficial CBA Awards MasterCard
I used this card with $5000 limit to pay all my bills and purchases. Initially a bonus reward of 30,000 points was given which I used to purchase $150 worth of Caltex fuel cards. Every month I have been given more reward points to purchase many gift cards. Annual fee also low and have a 55 days interest-free period.
Love CBA standard Visa
How good are CBA ... they send me a text three days before my payment is due reminding me to pay on time and if that is not enough I have been informed that they have waived the annual fee this year. No complaint from me. And I don't even have a CBA bank account.
This is my everyday credit card
Partner and I have 2 COMBANK Mastercard Diamond cards on the one account with a large limit. I pay all bills and spend about $5,000 per month, converting all award points to QANTAS. After 5 years I have accumulated enough Qantas Points to buy 2 around the world business class tickets, mostly as a result of this card. I did not transfer any balance to this card but very satisfied with the rewards and the ease of transfer to QANTAS. I pay card off in full every month. The NETBANK App and website are very easy to use.
Commonwealth Bank has been the most reliable bank. The app is very easy to use and they are very good at letting you know when the app will be down. The Mastercard has some good benefits as well.
Easy to use, with great awards system!
I have had a Commonwealth Bank Awards Credit Card for over 6 years. It has been very easy to use within Australia and also overseas. I have used it multiple times overseas and never had any issues. Very easy to see your available balance and make payments to the card via netbank and online banking. I mostly used the cash bank for my awards from the card, which I really liked that I could use it towards the purchases made on the card. It was easy to redeem points, as each purchase earns you points. Redeeming the points was always a fast and easy process to follow. The yearly fees on the card werent bad compared to what other banks are offering. Would highly recommend this product.
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