
Get exclusive money-saving offers and guides
Straight to your inbox
The Commonwealth Bank Business Awards credit card earns 1 CommBank Awards point per $1 spent, with rewards including gift cards, travel and frequent flyer points.
5.99% p.a.
Balance transfer rate
for 5 months
20.74% p.a.
Purchase rate
1
Reward point
Per $ spent
$100 p.a.
Annual fee
We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!
Product Name | CommBank Business Awards Credit Card |
---|---|
Rewards program | Commonwealth Bank Awards Program |
Balance transfer rate | 5.99% p.a. for 5 months |
Balance transfer revert rate | Cash Advance Rate (21.74% p.a.) |
Purchase rate | 20.74% p.a. |
Annual fee | $100 |
Interest-free period | Up to 55 days on purchases |
Cash advance rate | 21.74% p.a. |
Min credit limit | $500 |
Max credit limit | $50,000 |
Card type | Mastercard |
Foreign currency conversion fee | 3% |
Available to temporary residents | Yes - Conditions apply |
---|---|
Joint application | No |
Rewards program | Commonwealth Bank Awards Program |
---|---|
Bonus points | N/A |
Rewards points per $ spent | 1 |
Rewards points cap | 60,000 |
Annual fee | $100 |
---|---|
Minimum monthly repayment | 2% of the closing balance or $25, whichever is greater |
Late payment fee | $20 |
Foreign currency conversion fee | 3% |
Cash advance fee | 1.5% or $2.50, whichever is greater |
Overseas cash advance fee | 1.5% or $4, whichever is greater |
Additional cardholder fee | $75 |
Number of additional cardholders | 1 |
Review by
Amy Bradney-George has been writing about personal finance for more than 13 years – including over 600 articles as a senior writer for Finder. Her work has also appeared in publications including Money Magazine, The Sydney Morning Herald, Financy, ABC News Australia and Equity Magazine. Amy has a Bachelor of Arts in Journalism and Drama from Griffith University.