Commonwealth Bank
Commonwealth Bank

Commonwealth Bank Platinum Awards Credit Card

Purchase Rate
20.24% p.a.
Cash Advance Rate
21.24% p.a.
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Interest Free
Up to 55 days
Annual Fee
Balance Transfer Rate
5.99% p.a. for first 5 months
  • 100,000 Bonus Awards Points when you apply for a new CommBank Platinum Awards credit card by 29 February 2020 and spend $4,000 on eligible purchases using your new card within 90 days from activation.
  • Lock in double CommBank Awards points with a new Awards credit card from CommBank**.
  • Available on MasterCard® spend for the first 90 days when you apply any lock, block or limit feature within the first 30 days.
  • Limited time only on personal online applications.
  • Automatic enrollment in Platinum Commonwealth Awards program.
  • Platinum Connection concierge service.
  • Complimentary international travel insurance for return trips of up to 12 months.
  • MasterCard PayPass.
  • Present your credit card when purchasing a Travel Money Card at any Commonwealth Bank branch and pay no card issue fee.
  • A $10 fee applies for additional card holders.

Key Features
Rewards Program
Joining Fee
Annual Fee
Insurance Cover
for Purchases
Overseas ATM
Automatic Travel

Rewards Program
  • When a customer uses a Mastercard or Visa credit card:
  • Earn 1 Awards point per $1 spent.
  • 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

Fee & Repayments

Annual Fee $249.00
Annual Fee First Year $249.00
Rewards Joining Fee $0.00
Supplementary Card Fee $15.00
Minimum Repayment Greater of 2% or $25.00
Interest Charged From PurchaseDate
Late Payment Fee $20.00

Rewards Program

Rewards Points per Dollar 1
Linked to Frequent Flyer