Commonwealth Bank Corporate charge card

Manage spending across your entire business and simplify accounting tasks.

The Commonwealth Bank Corporate charge card gives you a single account where you can track and manage spending across departments, with additional cards for employees.

$40 p.a.

Annual fee

Details

Product NameCommonwealth Bank Corporate Charge Card
Purchase rate (p.a.)N/A
Annual fee$40 p.a.
Card TypeMastercard
Foreign Currency Conversion Fee (Visa/Mastercard)2.5% of transaction value
Complimentary Travel InsuranceYes
Minimum Age18 years of age
Available to Temporary ResidentsNo
Joint ApplicationNo

Pros

  • Customised control for different cardholders
  • CommBiz access which lets you manage your business account and make payments online 24/7, order new cards or PINs and change card limits
  • Comes with complimentary transit accident and unauthorised use insurance covers

Cons

  • A $300 establishment fee applies
Annual fee$40 p.a.
Foreign Currency Conversion Fee (Visa/Mastercard)2.5% of transaction value
Cash Advance Fee$1.25
Overseas Cash Advance Fee1.25% or $4, whichever is greater
Number of Additional Cardholders9,999

Expert review

Amy Bradney-George

Review by


Amy is an editor and writer at finder.com.au with more than 10 years experience covering credit cards, personal finance and various lifestyle topics. When she’s not sharing her knowledge on money matters, Amy spends her time as an actress.

Expert review

The Commonwealth Bank Corporate charge card gives large businesses a way to manage travel, procurement and other everyday expenses through one account. The annual fee you pay for this facility is based on the number of cards you add to it, starting at $40 per cardholder for 1-49 cards, $32 each for 50-499 cards and $24 per card for more than 500 cardholders.

How to apply

You can apply for the Commonwealth Bank Corporate charge card by calling the business banking team on 13 19 98 at any time. Get started by reading through the following eligibility criteria for this product to make sure it is a suitable option for your business.

Eligibility criteria

  • Business requirements. You must intend to use this account primarily for business spending.
  • Age. You must be at least 18 years old to apply.

Card benefits

  • Easy account management. With this card, you can set up automatic payments so that the outstanding balance is debited from a nominated account each month.
  • No interest charges. As a charge card, there is no interest rate for the account.

Rates & fees

  • Annual fee. This card charges annual fees of $40 per cardholder for 1-49 cards, $32 each for 50-499 cards and $24 per card for more than 500 cardholders.
  • Establishment fee. A $300 charge is applicable when you accept CommBank's offer for this card or if you request and are approved for a credit limit increase.

Ask an expert

To ask a question simply log in via your email or Facebook or create an account.

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.
Ask a question
Go to site