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Commonwealth Bank Credit Cards

Compare Commonwealth Bank credit cards with features including low rates, low fees and rewards so you can find a card that works for you.

CommBank offers credit cards for a variety of needs, with both low-cost and premium options available. Depending on your goals, you could get a CBA credit card that saves you money on interest or annual fees, a card that earns you rewards or one with complimentary extras such as insurance and airport lounge access.

CommBank also offers a range of business credit cards. Use this guide to compare Commonwealth Bank credit cards and learn more about your options so you can find a card that's right for you.

Comparison of Commonwealth Bank Credit Cards

Commonwealth Bank offers many credit cards for personal and business use, including low rate cards, low fee cards, frequent flyer options and rewards credit cards. There are also gold, platinum or diamond credit cards that offer even more premium benefits.

If you're looking to manage your business expenses, you can choose between cards that offer low fees, up to 55 interest-free days and rewards. You can also take advantage of extra benefits such as additional cardholders or included international travel insurance, depending on the Commonwealth Bank business credit card you choose.

Compare CommBank credit cards for personal and business use

Rates last updated August 17th, 2018
$
% p.a.

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Name Product Balance transfer rate (p.a.) Purchase rate (p.a.) Annual fee Amount Saved Product Description
Commonwealth Bank Low Rate Credit Card
5.99% p.a. for 5 months
13.24% p.a.
$59 p.a.
Get a low ongoing 13.24% p.a. purchase rate, a 5 month balance transfer offer and up to 55 days interest-free on purchases.
Commonwealth Bank Low Fee Credit Card
5.99% p.a. for 5 months
19.74% p.a.
$0 p.a. annual fee for the first year ($29 p.a. thereafter)
Receive up to 55 days interest free on purchases and a continued annual fee waiver if you spend at least $1,000 in the previous year.
Commonwealth Bank Low Fee Gold Credit Card
5.99% p.a. for 5 months
19.74% p.a.
$0 p.a. annual fee for the first year ($89 p.a. thereafter)
Enjoy up to 55 interest-free days on purchases, included insurances and an ongoing annual fee waiver when you meet the spend requirement.
Commonwealth Bank Awards Credit Card
5.99% p.a. for 5 months
20.24% p.a.
$59 p.a.
A dual Mastercard and Amex credit card which lets you earn up to 1.5 Awards points per dollar spent up to -1 points per year.
Commonwealth Bank Low Rate Gold Credit Card
5.99% p.a. for 5 months
13.24% p.a.
$89 p.a.
Get a low ongoing 13.24% p.a. purchase rate, a 5 month balance transfer offer and up to 55 days interest-free on purchases.
Commonwealth Bank Platinum Awards Credit Card
5.99% p.a. for 5 months
20.24% p.a.
$249 p.a.
Earn up to 2.5 Awards points per $1 spent, plus included travel insurance, a 24/7 concierge and 0% international transaction fees on the Amex.
Commonwealth Bank Diamond Awards Credit Card
5.99% p.a. for 5 months
20.24% p.a.
$349 p.a.
Earn up to 3 Awards points per $1 spent up to 1,000,000 points per year, plus complimentary international travel insurance.
Commonwealth Bank Essentials Credit Card
9.90% p.a.
Up to $60 p.a.
Save with a low 9.9% p.a. interest rate on purchases. Plus, add an additional cardholder for $0.

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Rates last updated August 17th, 2018
$
% p.a.

Your search criteria didn't return any products. Click to reset your filter options and search again
Name Product Balance transfer rate (p.a.) Purchase rate (p.a.) Annual fee Amount Saved Product Description
Commonwealth Bank Business Interest-Free Days Credit Card
5.99% p.a. for 5 months
17.57% p.a.
$60 p.a.
Receive up to 55 interest-free days on purchases and integrate your online accounting software with your credit card transactions.
Commonwealth Bank Business Awards Credit Card
5.99% p.a. for 5 months
20.74% p.a.
$100 p.a.
Earn up to 1.5 Awards points per $1 spent, easily integrate your online accounting software, plus complimentary Transit Accident Insurance.
Commonwealth Bank Business Awards Platinum Credit Card
5.99% p.a. for 5 months
20.74% p.a.
$300 p.a.
Earn up to 3 Awards points per $1 spent, and receive complimentary travel, transit accident and unauthorised transaction insurances.
Commonwealth Bank Business Low Rate Credit Card
5.99% p.a. for 5 months
14.55% p.a.
$0 p.a.
Save on your business credit card costs with an ongoing $0 annual fee, and a low 14.55% p.a. interest rate on purchases.
Commonwealth Bank Corporate Low Rate Credit Card
14.55% p.a.
$40 p.a.
Designed for businesses looking to pay down large purchases over time with flexible payment options and customised controls.
Commonwealth Bank Corporate Charge Card
$40 p.a.
Designed for large organisations with significant expenses and reduces processing costs with electronic reporting and management.

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Types of Commonwealth Bank credit cards

If you're interested in a credit card from Commonwealth Bank, you can compare your options based on the following types of cards and needs.

  • Balance transfer credit cards

If you want to pay off existing debt you have on a card from another Australian financial institution, you can request a balance transfer to a new Commonwealth Bank credit card during your application. You’ll be required to provide details of your existing account for the transfer, so make sure to have these on hand before you apply for your chosen CommBank credit card. Once your application is approved, it can take up to 10 business days for the card to be delivered. Please note balance transfers are subject to approval. Refer to this guide for more information on balance transferring with Commonwealth Bank.

Learn more about balance transfer credit cards here

  • Low fee credit cards

Commonwealth Bank low fee credit cards offer a competitive annual fee that can be waived when you meet minimum spending requirements for the account. CommBank has low fee credit card options for both personal and business customers.

Learn more about low fee credit cards here

  • Low rate credit cards

The range of Commonwealth Bank Low Rate credit cards offer a low, ongoing variable interest rate for purchases. You have the choice of either a Low Rate or Low Rate Gold credit card. The CommBank Low Rate Gold credit card offers a few extra perks, such as included travel insurance, extended warranty insurance and purchase protection cover.
Learn more about low rate credit cards here

  • Award credit cards

These cards are linked to the CommBank Awards Program and offer points for every $1 you spend on eligible purchases made with the card. CommBank Awards credit cards come with both an American Express and Mastercard option to help you maximise your rewards. You can use the points you earn for rewards such as travel, merchandise and cashback through the CommBank Awards program. You can also choose to redeem Qantas Frequent Flyer or Velocity Points through the Awards program. Please refer to the CommBank Awards guide available on the CommBank website for full details of rewards and terms and conditions.

Learn more about rewards credit cards here

  • Small Business credit cards

CBA offers flexible choices for small businesses, with low rate, interest-free days and Awards options available. If you choose a personal liability option for your business, you don't need to supply business financials when you apply for one of these credit cards. But you do need to be a business owner, director or partner with an Australian Business Number (ABN).
Learn more about Business Credit Cards

The benefits of banking with the Commonwealth Bank

Here are some of the convenient features and services you can enjoy with a Commonwealth Bank credit card:

  • Commonwealth Bank included travel insurance policy

Commonwealth Bank's included insurance policies are an extra benefit for Commonwealth Bank Gold, Platinum and Diamond cardholders and are provided by Allianz Global Assistance. You can refer to the Commonwealth Bank Credit Card Insurances product disclosure statement available on the CommBank website for full details of the types of insurance available, requirements and claim limits for each card.

  • Commonwealth Bank Awards Program

The Awards program allows you to earn points when you use your CommBank Awards credit card for eligible transactions. You can redeem these points for over 1,000 items available through the CommBank Awards Program or in-store at Myer or Flight Centre. You can also transfer points to an eligible Velocity Frequent Flyer account or opt-in to Qantas Frequent Flyer Direct and have your Awards points transferred to your Qantas membership account on a monthly basis. Minimum transfer amounts and other terms and conditions apply and there is a $30 annual fee for opting-in to Qantas Frequent Flyer Direct.

  • Mastercard benefits

Commonwealth Bank Mastercard credit card holders get access to a number of Mastercard benefits, including:

  • Mastercard PayPass. For transactions under $100, just touch your Commonwealth Bank Mastercard against a contactless terminal and your transaction will be completed in a matter of seconds.
  • Mastercard fraud guarantee. If your account is compromised while you’re using the Mastercard payment networks (shopping over the counter or online), the Mastercard Zero Liability protection may cover the cost of fraudulent charges.
  • Global acceptance. Mastercard credit cards are accepted in millions of locations all over the world. Use your card to shop online, make purchases over the counter and withdraw cash from ATMs everywhere Mastercard is accepted.

Features available on Commonwealth Bank credit cards

Here are some of the features you can also get with a CommBank credit card:

  • Balance transfers

You can request a balance transfer from another financial institution or store card when you apply for a new Commonwealth Bank credit card. If you already have a Commonwealth Bank credit card, you can also apply for a balance transfer through NetBank. Please note balance transfer requests are subject to approval.

  • Reduced annual fee

As well as the low fee credit card options, CommBank offers a one-year annual fee waiver if you apply for an eligible Commonwealth Bank credit card at the same time as your home loan application. (This offer excludes business liability credit cards, corporate cards and personal liability business credit cards without Awards.) Note that both the credit card and home loan applications will be subject to credit approval.

  • Online banking through NetBank

NetBank is an online banking tool for CommBank customers. NetBank makes managing your Commonwealth Bank credit card account easy. You can also apply for other Commonwealth Bank products and services through NetBank, view recent purchases on your credit card account and make payments.

  • CommBank Awards American Express card options

With the CommBank Awards, Gold, Platinum and Diamond credit cards, you receive an American Express card and a Mastercard linked to the same account. While both cards share the same credit limit and interest rate, they earn different amounts of points per $1 spent on eligible purchases. This means you can switch between the Amex and Mastercard to maximise your rewards.

How to apply for Commonwealth Bank credit cards

You can apply for a Commonwealth Bank credit card online in a few minutes. Before you get started, make sure you meet the application requirements for your chosen card. These include:

  • Age. You must be at least 18 years of age to apply for a credit card.
  • Residency status. You must provide details of your Australian citizenship, residency or visa status. These requirements vary between cards, and additional conditions may apply for temporary residents, so make sure you check the specified conditions for any product you wish to apply for.
  • Credit history. You must not be an undischarged bankrupt.

Other conditions may apply depending on the card. You can find this information listed on our Commonwealth Bank credit card product review and application pages. If you do meet the minimum eligibility requirements, Commonwealth Bank will also need to assess your financial situation before they make a decision about your credit card application.

Required documents

To speed up the application process, make sure you have these details and documents handy when you apply for your CommBank credit card.

  • Personal information. You will need to provide information including your full name, current residential address, email address, contact phone numbers and date of birth.
  • Details about your income. Aim to provide as much detail as possible about your income and assets. Details of income-generating assets such as property and shares also need to be provided, as well as information about any savings.
  • Expenses and liabilities. You will need to provide information about any debts you have, as well as ongoing expenses like child support, rent, mortgage repayments, or anything else that is considered a regular, essential cost (such as your weekly food budget).
  • Other credit cards. If you want to transfer a balance to a Commonwealth Bank credit card from your existing non-Commonwealth Bank credit card(s), store card(s) or charge card(s), you will need to provide the account details, including the card number, the amount you want to transfer and the name of the issuing financial institution.

What happens next when applying for a CBA credit card?

After applying for a Commonwealth Bank credit card, you will be kept informed as to the progress of your application. CommBank will contact you if more information is required during this process.

If your application is approved and you are new to the Commonwealth Bank, you will need to undergo an identity check. Commonwealth Bank will contact you with details of what you need to provide as proof of identification but typically this will include your Australian State or Territory driver's licence or passport.

After all this information has been fully verified and the application process is complete, you will receive your Commonwealth Bank credit card within 10 working days. You can then activate your new CBA credit card via NetBank, in a branch or by calling 13 22 21.

Frequently asked questions

Want to know more about Commonwealth Bank credit cards? Here we've answered some of the most common questions we get about CommBank cards. You can also get in touch with us by using the form at the bottom of the page.

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Credit Card Offers

Important Information*
Citi Clear Platinum - Exclusive Offer

Interest rate

14.99

Annual fee

49*

*$99 p.a. after first year

Westpac Low Rate Card

Interest rate

13.49

Annual fee

0*

*$59 p.a. after first year

Westpac Altitude Platinum Card - Qantas

Interest rate

20.24

Annual fee

50*

*$200 p.a. after first year

ANZ Low Rate

Interest rate

12.49

Annual fee

58

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78 Responses

  1. Default Gravatar
    TomMay 3, 2018

    I am with Commbank and I’m about to make an overseas purchase with the seller’s currency being USD. I have money in my account which I intend to pay with (no credit card) but I want to pay with a card that has no foreign exchange transaction fees. Which card would you recommend?

    • finder Customer Care
      JeniMay 4, 2018Staff

      Hi Tom,

      Thank you for getting in touch with finder.

      As a friendly reminder, while we do not represent any company we feature on our pages and we are not allowed to provide specific recommendations, we can offer you general advice.

      If you are considering to apply for a credit card with Commbank, I noticed that getting an Amex card with them won’t charge you any foreign currency conversion fees but not with a Commonwealth Bank Awards Credit Card.

      If you want to look for other credit cards with no foreign transaction fee, please check out this link.

      I hope this helps.

      Have a great day!

      Cheers,
      Jeni

  2. Default Gravatar
    NancyMarch 18, 2018

    If used overseas does the Commonwealth Ma9stercard charge a transaction fee and if so what is the % please?
    Cheers

    • finder Customer Care
      JeniMarch 18, 2018Staff

      Hi Nancy,

      Thanks for getting in touch with finder. You may refer to this link for your reference. In the Fees and Repayment tab you will see more info on charges. It states that for overseas cash advance there’s a fee of $2.50 or 2% of the transaction amount (whichever is greater), overseas ATM withdrawal there’s a fee $2.50 or 2.00% of the transaction amount up to a maximum of $150 and foreign currency conversion fee of 3%. The foreign currency conversion fee is charged when you make a transaction that is converted by a credit card network, such as MasterCard, Visa or American Express, from Australian dollars to a foreign currency. You’ll also incur a currency conversion fee if you make a purchase or obtain a cash advance in Australian dollars while overseas or shopping online with a foreign merchant or financial institution.

      I hope this helps.

      Have a great day!

      Cheers,
      Jeni

  3. Default Gravatar
    MichaelOctober 3, 2017

    How do I utilise Commonwealth Rewards points to upgrade my flights to business class?

    • Default Gravatar
      MariaOctober 4, 2017

      Hey Michael,

      Thank you for reaching out to us.

      You may check out this page on Commonwealth Bank Awards Program to check on the conversion rate as well as how to convert your Awards points to frequent flyer points for Qantas or Velocity.

      It would be best to confirm directly with the airline you’ll be flying with on the equivalent frequent flyer points needed in order to upgrade to business class.

      I hope this helps.

      Best,
      Maria

  4. Default Gravatar
    wendyJune 8, 2017

    I am about to travel overseas. Is the platinum card travel insurance automatic? Or do I need to notify someone, or activate it in some way?

    • finder Customer Care
      ArnoldSeptember 6, 2017Staff

      Hi Wendy,

      Thanks for your inquiry

      As per CommBank’s website, this insurance is included without a spend requirement but it needs to be activated via NetBank for a cardholder to get full coverage.

      Hope this information helps

      Cheers,
      Arnold

  5. Default Gravatar
    NormJanuary 9, 2017

    I would like to know if my current credit card can be upgraded and obtain a better interest rate.

    • finder Customer Care
      LouJanuary 10, 2017Staff

      Hi Norm,

      Thanks for your question.

      Credit card upgrading or getting a lower interest rate for your existing card is something that you can negotiate by directly getting in touch with your bank.

      Our guide on how credit card upgrading works may help.

      Cheers,
      Anndy

  6. Default Gravatar
    November 29, 2016

    Ive applied for a credit card last month and as yet still have not heard back from u…obviously i wasn’t granted one you could have had tbe de ency to let me know….i can easily go bank elsewhere as where i will get a response back ….cba not good enough …from one unhappy customer

    • finder Customer Care
      MayNovember 30, 2016Staff

      Hi Bev,

      Thanks for your comment and I’m sorry to hear about your negative experience.

      Generally, banks do not give their applicants notices when their application was rejected or declined. If you are approved, the usual notification period and the possible time that you can receive your card is between 1-2 weeks.

      Meantime, if you are planning on applying for another credit card in the future, you may want to check this page to compare your options. Although just want to give you a heads-up that if your first application was declined, you may want to wait for a few months before you apply again so that you can avoid enquiries on your credit file.

      Hope this helps.

      Cheers,
      May

  7. Default Gravatar
    NevinOctober 26, 2016

    I have lost my credit card. What should I do?

    • finder Customer Care
      JasonOctober 26, 2016Staff

      Hi Nevin.

      Thank you for your inquiry.

      I’m sorry to hear that you’ve lost your credit card. Please contact your bank as soon as possible and have the card locked or cancelled to avoid unauthorized use and process a card replacement request.

      I hope this helps.

      Cheers,
      Jason

  8. Default Gravatar
    alexanderApril 21, 2016

    Does a Bankwest credit and debit master card have the same benefits as its Commonwealth counterparts? Thank you.

    • finder Customer Care
      MayApril 22, 2016Staff

      Hi Alexander,

      Thanks for your inquiry.

      Most debit and credit card brands in the market may have more or less the same features, however, most likely, they would differ from the benefits they offer and they have different terms and conditions that govern their products, even if these brands are underwritten by the same institution. If you would like to make a comparison with Commonwealth Bank cards, you can get and find more information on Bankwest credit cards here and on Bankwest Debit MasterCard on this page.

      I hope this helps.

      Cheers,
      May

  9. Default Gravatar
    LeanneOctober 6, 2015

    to have my commonwealth rewards transferred to either Frequent Flyer Qantas points or VIrgin Velocity points what do I do?

    • finder Customer Care
      JonathanOctober 6, 2015Staff

      Hi Leanne, thanks for your inquiry!

      Please refer to the link I have sent to your email for redeeming Qantas Frequent Flyer or Virgin Velocity points.

      Cheers,

      Jonathan

  10. Default Gravatar
    SueSeptember 11, 2015

    Do you have a credit card that has a no interest free period?

    • finder Customer Care
      JonathanSeptember 11, 2015Staff

      Hi Sue, thanks for your inquiry!

      Please refer to the following link for 0% purchase credit cards.

      Cheers,

      Jonathan

Credit Cards Comparison

Rates last updated August 17th, 2018
Name Product Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee Product Description
Citi Clear Platinum - Exclusive Offer
14.99% p.a.
0% p.a. for 24 months with 1.5% balance transfer fee
$49 p.a. annual fee for the first year ($99 p.a. thereafter)
finder Exclusive: Receive 0% p.a. for 24 months on balance transfers and a discounted annual fee in the first year. Plus, access to Citi World Privileges.
Westpac Low Rate Card
13.49% p.a.
0% p.a. for 24 months with 1% balance transfer fee
$0 p.a. annual fee for the first year ($59 p.a. thereafter)
Offers a 0% for 24 month balance transfer option, first year annual fee waiver and a competitive purchase rate.
Westpac Altitude Platinum Card - Qantas
20.24% p.a.
$50 p.a. annual fee for the first year ($200 p.a. thereafter)
Earn 60,000 bonus Qantas Points when you spend $3,000 within 90 days of card approval. Plus, a $50 first year annual fee.
ANZ Low Rate
12.49% p.a.
0% p.a. for 15 months
$58 p.a.
Save with a 0% p.a. introductory rate on balance transfers for 15 months with no BT fee. Plus a low 12.49% p.a. interest rate on purchases.

Compare up to 4 providers

* The credit card offers compared on this page are chosen from a range of credit cards finder.com.au has access to track details from and is not representative of all the products available in the market. Products are displayed in no particular order or ranking. The use of terms 'Best' and 'Top' are not product ratings and are subject to our disclaimer. You should consider seeking independent financial advice and consider your own personal financial circumstances when comparing cards.

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