CommBank Credit Cards

The Commonwealth Bank is one the Big Four Banks in Australia and one of the largest credit card issuers in the country. It gives you a choice of cards that range from low rate and low fee to rewards cards, business and corporate credit cards. But the bank does not offer balance transfers on any of its credit cards.

Comparison of CommBank Credit Cards

• Personal Credit Cards
• Business Credit Cards

Updated regularly

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Name	Purchase rate p.a.	Bonus points	Points per $ spent	Interest-free period	Balance transfer rate p.a.	Annual fee
CommBank Ultimate Awards Credit Card with Qantas Points Qantas Frequent Flyer	Purchase rate p.a. 20.99%	Bonus points 60,000	Points per $ spent 0.8	Interest-free period Up to 44 days on purchases	Balance transfer rate p.a. N/A	Annual fee $480	More Info Compare	Offers 15,000 bonus Qantas Points each month when you apply as a CommBank Yello customer and spend at least $3,500 within the first 4 months (up to 60,000 points total).
CommBank Ultimate Awards Credit Card CommBank Awards Program	Purchase rate p.a. 20.99%	Bonus points 100,000	Points per $ spent 1	Interest-free period Up to 44 days on purchases	Balance transfer rate p.a. N/A	Annual fee $420	More Info Compare	Receive 25,000 CommBank Awards points each month when you apply as a CommBank Yello customer and spend at least $3,500 per month within the first 4 months (up to 100,000 points total).
CommBank Low Rate Credit Card	Purchase rate p.a. 13.99%	Bonus points N/A	Points per $ spent N/A	Interest-free period Up to 55 days on purchases	Balance transfer rate p.a. N/A	Annual fee $72	More Info Compare	Get $100 cashback each month when you spend at least $500 per month for the first 4 months (up to $400 cashback).
CommBank Low Fee Credit Card	Purchase rate p.a. 20.99%	Bonus points N/A	Points per $ spent N/A	Interest-free period Up to 55 days on purchases	Balance transfer rate p.a. N/A	Annual fee $36	More Info Compare	Get $60 cashback each month when you spend $500 or more for the first 4 months (up to $240 cashback). Plus, an ongoing monthly fee waiver when you spend at least $300 per month.
CommBank Awards Credit Card CommBank Awards Program	Purchase rate p.a. 20.99%	Bonus points N/A	Points per $ spent 1	Interest-free period Up to 44 days on purchases	Balance transfer rate p.a. N/A	Annual fee $96	More Info Compare	Earn 1 Awards point per $1 spent up to and including $2,000 in a statement period, then 0.5 points per $1 spent thereafter.
CommBank Neo Card	Purchase rate p.a. 0%	Bonus points N/A	Points per $ spent N/A	Interest-free period	Balance transfer rate p.a. N/A	Annual fee $0	More Info Compare	Borrow up to $3,000 with no interest charges - just a monthly fee that depends on your credit limit. Plus, 0% foreign transaction fees.
CommBank Smart Awards Credit Card CommBank Awards Program	Purchase rate p.a. 20.99%	Bonus points 90,000	Points per $ spent 1.5	Interest-free period Up to 44 days on purchases	Balance transfer rate p.a. N/A	Annual fee $228	More Info Compare	Get up to 90,000 bonus CommBank Awards Points or up to 50,000 bonus Qantas Points when you spend $1,500 each month for the first 4 months.

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Name	Bonus points	Points per $ spent	Purchase rate p.a.	Annual fee
CommBank Business Interest-Free Days Credit Card	Bonus points N/A	Points per $ spent N/A	Purchase rate p.a. 17.57%	Annual fee $60	More Info Compare	Receive up to 55 days interest-free on purchases and integrate your online accounting software with your credit card transactions.
CommBank Business Awards Credit Card CommBank Awards Program	Bonus points N/A	Points per $ spent 1	Purchase rate p.a. 20.74%	Annual fee $100	More Info Compare	Earn 1 Awards point per $1 spent, easily integrate your online accounting software, plus receive complimentary Transit Accident Insurance.
CommBank Business Platinum Awards Credit Card CommBank Awards Program	Bonus points N/A	Points per $ spent 1	Purchase rate p.a. 20.74%	Annual fee $300	More Info Compare	Earn 1 Awards point per $1 on business spending. Plus, an unsecured limit of up to $50,000.
CommBank Business Low Rate Credit Card	Bonus points N/A	Points per $ spent N/A	Purchase rate p.a. 14.55%	Annual fee $0	More Info Compare	Save on your business credit card costs with an ongoing $0 annual fee and 14.55% p.a. interest rate on purchases and cash advances.
CommBank Neo Business interest-free card	Bonus points N/A	Points per $ spent N/A	Purchase rate p.a. 0%	Annual fee $0	More Info Compare	Get up to $3,000 credit limit with 0% p.a. interest charges and no late payment fees.
CommBank Corporate Low Rate Credit Card	Bonus points N/A	Points per $ spent N/A	Purchase rate p.a. 14.55%	Annual fee $40	More Info Compare	Designed for businesses looking to pay down large purchases over time with flexible payment options and customised controls.
CommBank Corporate Interest Free Days Card	Bonus points N/A	Points per $ spent N/A	Purchase rate p.a. 17.57%	Annual fee $40	More Info Compare	Get up to 55 days interest-free on purchases and customised account controls to manage your spending limits and expenses.
CommBank Corporate Charge Card	Bonus points N/A	Points per $ spent N/A	Purchase rate p.a. 0%	Annual fee $40	More Info Compare	Designed for large organisations with significant expenses and reduces processing costs with electronic reporting and management.

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Types of CommBank credit cards

• CommBank low rate credit cards

The CommBank Low Rate Credit Card offers a 13.99% p.a. interest rate for purchases. In comparison, the average standard credit card rate in Australia is currently 20.16% p.a. according to Finder analysis of Reserve Bank of Australia (RBA) data.

• CommBank low fee credit cards

The CommBank Low Fee Credit Card charges a $3 monthly fee, which adds up to $36 each year. But this fee will be waived if you spend $300 per month.

• CommBank Awards credit cards

A CommBank Awards credit card offers $1 on your eligible spending, which covers most everyday shopping, dining out and travel bookings. You can redeem these points for rewards including travel, cashback on your account and to pay for purchases with Myer and Flight Centre. You can also transfer points to partnered frequent flyer programs, including Velocity Frequent Flyer and Emirates Skywards.

• CommBank no interest credit card

The CommBank Neo Card doesn't charge any interest. Instead, it has a monthly fee of $15, $20 or $25 that's based on your credit limit. If you don't use the card or carry a balance, the monthly fee is also waived. It also gives you access to CommBank Yello Cashback Offers and can be used anywhere Mastercard is accepted.

• CommBank small business credit cards

The range of CBA credit cards for small businesses include low rate, interest-free days and Awards options. There is also a CommBank Neo Business Card that charges no interest and a monthly fee instead.

Our expert says

"This credit card paid for my Bose headphones. Not only does it have a high earn rate, but it is accepted in many places where Amex is not. Plus, if you have a CommBank home loan, the annual fee is covered, making this card a no-brainer to use."

Graham Cooke

Head of consumer research

Benefits of getting a Commonwealth Bank credit card

CommBank credit cards all come with their own set of features, but let's take a look at some of the key benefits you can get:

• CommBank Yello Cashback Offers

CommBank Yello Cashback Offers is a complimentary loyalty program available to anyone over 18 who has the CommBank app and an eligible Mastercard credit card or debit card. It gives you access to cashback offers through the CommBank app, which also includes a tracking tool so you can see how much cash you have got back.

While offer details vary (because they are personalised), you'll typically earn cashback by spending a set amount of money at a partner store or stores. Some examples include spending $50 at Caltex and getting $5 back, spending $100 at Myer and getting $15 back or spending $100 at Menulog and getting $10 back. When you meet the offer requirements, the cashback will be added to your account within 5–14 business days.

• CommBank app

The CommBank app gives you a simple way to check your account details and lets you lock, block and limit certain transactions. It's also where you'll see CommBank Yello Cashback Offers and other details about your account.

• Mobile contactless payments

Commonwealth Bank credit cards give you a way to make cardless payments with an eligible smartphone or other device, including fitness trackers if you get a personal credit card. So you can add your card to the following services:

• Apple Pay
• Google Pay
• Samsung Pay
• Fitbit Pay
• Garmin Pay

• Commonwealth Bank included travel insurance policy

If you get a new CommBank Smart Awards or Ultimate Awards credit card, you'll get access to international travel insurance. This insurance is provided by Cover-More on behalf of the insurer (Zurich Australian Insurance Ltd). Overseas emergency medical cover is automatically included when you meet the requirements, with other cover available when you activate it through the CommBank app before you travel. Eligibility requirements, terms and conditions and exclusions apply, so make sure you check Commonwealth Bank Credit Card Insurances product disclosure statement for all of the details.

Eligibility criteria

Before applying for a CommBank credit card, you'll need to check you meet the eligibility requirements. Each card has its own set of details, but include:

• Age. You must be at least 18 years of age to apply for a credit card in Australia.
• Australian residency status. You must provide details of your Australian citizenship, residency or visa status. The requirements vary between cards, and some additional conditions may apply for temporary residents. To make sure you're eligible, check the specific conditions for the credit card before you apply.
• Credit history. Your credit history must be in good standing.

How long does it take to apply?

It takes around 20 minutes to apply for a CommBank credit card online if you have all the details you need on hand.

Information and documents you need for the application

CommBank credit card applications ask you for a mix of general details and information about your financial situation. This includes:

• Personal information. Your full name, current residential address, email address, contact phone numbers and date of birth. If you're not set up on NetBank, you'll also need to provide a valid form of photo ID, such as your passport or driver's licence.
• Financial information. Your income and assets such as savings, property and investments. Plus details about any current credit cards, loans or debts, as well as ongoing expenses like child support, rent, mortgage repayments, or anything else that is considered a regular, essential cost. You also need to upload proof of income, such as recent payslips, bank statements or your most recent tax assessment notice from the Australian Taxation Office.
• Details if you're not an Australian permanent resident. Your visa details, including the type of visa and expiry date.

What happens after you apply?

You'll be contacted by CommBank if it needs any more details to process the application. If you're set up with NetBank, you can check your application status at any time by going to the "Offers & Application" section. You can also call CommBank on 13 22 21.

Credit card brands similar to CommBank

If you want to compare CommBank credit cards to those from other lenders, you could consider the other Big Banks in Australia:

• ANZ credit cards
• NAB credit cards
• Westpac credit cards

Frequently asked questions

• Do my Commonwealth Bank Awards points expire?

  Commonwealth Bank Awards do not expire, as long as you are a member of the program. If you close your CommBank Awards credit card account, you'll have 3 months to use your points before they expire.

• How do I earn Commonwealth Bank Awards points?

  If you have a Commonwealth Bank Awards credit card, you earn Commonwealth Bank Awards points when you make an eligible purchase. Eligible purchases include everyday transactions such as buying your groceries or filling your car up with petrol. Points are not awarded for cash transactions including cash advances, paying government fees and charges, and credit card fees and charges.

• What's the difference between CommBank Yello Cashback Offers and CommBank Awards?

  CommBank Yello Cashback Offers is a loyalty program available to eligible credit card and debit card customers who have the CommBank app.

  CommBank Awards is a credit card loyalty program that offers eligible credit card customers points per $1 spent. If you have a CommBank Awards credit card, you'll have access to both programs.

• How can I get CommBank Yello Cashback Offers?

  You'll get access to CommBank Yello Cashback Offers if you're over 18 years of age and have an eligible CommBank Mastercard. This includes personal debit card, credit card and business credit card accounts that are not in default. It excludes prepaid cards (including the Travel Money card), corporate credit cards and business debit cards.

  You can use the steps below to view and activate CommBank Yello Cashback Offers program through the CommBank app:

  1. Log in to the CommBank app.
  2. Go to "Products & Offers", then select "Rewards".
  3. Browse the current offers and click on the "Activate" button to claim the offer.
  4. Use your eligible card to meet the spend requirements at participating stores. Note that you need to tap or select credit when you use your card.

• Does the annual or monthly fee collect interest?

  The annual or monthly fee is charged to your credit card and added to your account balance. So if you don't repay your balance in full by the end of the statement period, interest will be applied to the remaining balance. So that could include the cost of the monthly or annual fee.

• Can do I transfer my unpaid balance to a Commonwealth Bank credit card?

  The Commonwealth Bank no longer accepts balance transfers on its credit cards. You cannot transfer an unpaid card balance from another bank onto a new Commonwealth Bank card.

• How do I close my Commonwealth Bank credit card account?

  You can close your CommBank credit card account through the CommBank app or NetBank in the card management or account section. Choose the "Close account" option and then follow the prompts.

  Just keep in mind that you'll need to pay the total amount owing on the card – including any interest or fees – before you can fully close the account. You should also check that there are no pending transactions. You can also cancel your card or discuss your account by calling Commonwealth Bank on 13 22 21 or by visiting a Commonwealth Bank branch.

• What do I need to do before travelling overseas with my Commonwealth Bank credit card?

  Before leaving for your holiday, make sure you've covered all of these bases:

  • Make sure you know your PIN. Many places require PIN verification rather than a signature, so you should make sure you have set up and memorised the PIN for your CBA card.
  • Tell CommBank you are travelling overseas. Before traveling overseas, log in to Netbank and let CommBank know your plans. This will help protect your account security while you're away.
  • Activate your travel insurance. If your Commonwealth Bank credit card offers included travel insurance, make sure you activate your policy through NetBank before you leave. And if you need to make a claim, call +61 2 8907 5641.
  • Take note of the emergency contact details. When you're overseas, you can lock, block or limit transactions on your Commonwealth Bank credit card through NetBank or the CommBank app. You can also cancel the card and request a new one. If you want to speak to someone from Commonwealth Bank when you're overseas, call +61 2 9999 3283.

Important links and details

• CommBank customer service: 13 22 21
  Hours: 8am-7pm Mon-Fri, 9am-2pm Sat (AEDT)
• CommBank Awards program
• CommBank personal loans
• CommBank home loans
• CommBank savings and bank accounts

Compare other products from Commonwealth Bank

• Commonwealth Bank home loans
• Commonwealth Bank savings accounts
• Commonwealth Bank term deposits
• Commonwealth Bank superannuation
• Commonwealth Bank personal loans
• Commonwealth Bank car loans
• Commonwealth Bank business loans
• Commonwealth Bank travel insurance
• Commonwealth Bank car insurance
• Commonwealth Bank life insurance
• Commonwealth Bank income protection
• Commonwealth Bank landlord insurance

Written by

Amy Bradney-George

Editor

Amy Bradney-George was the senior writer for credit cards at Finder, and editorial lead for Finder Green. She has over 16 years of editorial experience and has been featured in publications including ABC News, Money Magazine and The Sydney Morning Herald. See full bio

Amy's expertise

Amy has written 564 Finder guides across topics including:

• Credit cards
• Frequent flyer
• Credit score
• BNPL
• Money management
• Sustainability