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Banking / Credit Cards / Commonwealth Bank Gold Awards Credit Card

Commonwealth Bank Gold Awards Credit Card

Purchase Rate
20.24 %
p.a.




Cash Advance Rate 21.24% p.a
Interest Free Up to 55 days
Annual Fee$144
Balance Transfer Rate 5.99%for first 5 months
Intro Purchase Rate 0%for up to 10 months

  • Special offer - 0% p.a. on purchases for 10 months. Offer ends 7 July 2014 and applies to all new personal CommBank credit cards. Terms and conditions apply.
  • Automatic enrolment in Commonwealth Gold Awards program.
  • Complimentary international travel insurance for return trips of up to 3 months.
  • Purchase security insurance.
  • Extended warranty insurance.
  • Commission free traveller's cheques.
  • MasterCard PayPass.
  • Present your credit card when purchasing a Travel Money Card at any Commonwealth Bank branch and pay no card issue fee.

Card Details

Rewards Program Overseas ATM Availability
Insurance Cover for Purchases Automatic Travel Insurance

Rewards Program

  • Earn up to 2 Awards points for every $1 spent on the Commonwealth Bank Gold Awards American Express Credit Card
  • Earn up to 1 Awards point for every $1 spent on the Commonwealth Bank Gold Awards MasterCard
  • Choose from thousands of rewards
  • Throughout the year you'll also find a wide range of bonus offers to help you get even more value from your Awards points
  • Prefer to take a holiday? You can also choose to redeem your points at Flight Centre to help you getaway on your next holiday even sooner
  • Redeem your points for cash - we'll credit it straight into your account so you can treat yourself to whatever you like
  • To give you even more flexibility and choice, you can elect to use Points Plus Pay, which lets you use the Awards points you have with some extra cash from your credit card to make up the difference
Rewards Points per Dollar 2.00 Linked to Frequent Flyer
Spend to Redeem $100 Gift Card* $8700 Frequent Flyer Ratio 0.4
Spend at Loyalty Partner for $100 Gift Card* SPEND FOR SYD/MEL RETURN* $31250

Lifetime of Points
Rewards Program Partners ACP Magshop, Adairs, Bob Jane T-Marts, Caltex, Cellarmasters, Conrad Jupiters, Conrad Treasury, Crown Promenade Hotel, Crown Towers, David Jones, Dreamworld, efragrance, Fruit Only, Hoyts, Marque Hotels, Napoleon Perdis Cosmetics, Prouds The Jewellers, Red Balloon Days, Rendezvous Hotels, Roses Only, Sanity, Showbiz Box Office, Sony Style, Strandbags, Sydney Aquarium, Sydney Wildlife World, Thrifty, Travelodge Hotels, Travel Plus, Village Cinema's, Warner Village Theme Parks, WhiteWater World.
Rewards Bonus Points Partners ACP Magshop, Adairs, Bob Jane T-Mart, Cellarmasters, Conrad Jupiters, Conrad Treasury, Crown Promenade Hotel, Crown Towers, Dreamworld, efragrance, Fruit Only, Hoyts, Marque Hotels, Napoleon Perdis Cosmetics, Prouds The Jewellers, Red Balloon Days, Rendezvous Hotels, Roses Only, Sanity, Showbiz Box Office, Sony Style, Strandbags, Sydney Aquarium, Sydney Wildlife World, Thrifty ,Travelodge Hotels, Travel Plus, Village Cinema's, Warner Village Theme Parks, WhiteWater World.
Domestic Airlines Qantas Frequent Flyer Velocity Rewards
International Airlines You can opt-in to Qantas Frequent Flyer Direct Program for a low annual fee of $10. 2.5 Awards Points = 1 Qantas Frequent Flyer point. 2.5 Awards Points = 1 Velocity Point
Conditions Awards Points are Evergreen. Though conditions apply re: closed, fraudulent and delinquent accounts. Points expire 3 months after account is closed.

Annual Fee $144 Minimum Repayment Greater of 2% or $25
Annual Fee First Year $144 Interest Charged From PurchaseDate
Rewards Joining Fee $0 Late Payment Fee $20
Supplementary Card Fee $15    
Duplicate Statement Fee $7 Overseas ATM Balance Fee $1.25
Transaction Verification Fee $0 Overseas ATM Withdrawl Fee $4
Over Limit Fee $0 Overseas Emergency Card Replacement Fee $20

Visit the issuer's website for additional information. Go to site

Terms & Conditions
QFF conversion rate is 2.5 Awards points per QFF point. Effective from 1st October 2013. Prior to this date, conversion rate is 2 Awards points for 1 Qantas Frequent Flyer. Velocity conversion rate is 2.5 Awards points per Velocity point. Effective from 1st November 2013. Prior to this date, conversion rate is 2 Awards Points for 1 Velocity point.


* For cards with reward programs that allow you to earn points, unless otherwise noted, the best case scenario of everyday spending is used when calculating the spend required to earn a reward. Everyday spending does not include bonus points that may be earned by shopping with loyalty partners. For rewards programs that have monthly caps, we assume you stay under that cap and for products with two cards, we assume spending is with the highest earning card. For programs that allow you to convert points for air travel at a price that changes from day to day, we have assumed that the flight is $300 (taxes and charges inclusive).

American Express® is a registered trademark of American Express Company.
Visa® is a registered trademark of Visa International Services Association.
The MasterCard® brand is a registered trademark of MasterCard International Incorporated.