From low fee and low rate cards through to platinum, diamond and rewards options, the Commonwealth Bank has a wide range of credit cards to suit your needs.
The Commonwealth Bank has the largest customer base of any Australian bank and has the largest financial services distribution network in the country.
Commonwealth Bank credit cards cater to a variety of customer needs, with both budget and premium options available. It’s also one of the only lenders to offer a student credit card. Learn more and compare Commonwealth Bank credit cards here.
Comparison of Commonwealth Bank Credit Cards
CommBank’s Personal Credit Cards
If you need a card to cover your everyday costs, Commonwealth Bank offers many credit card options for personal use. Whether you want to save on interest costs and annual fees, consolidate debts with a low balance transfer offer, earn reward points as you spend or take advantage of premium perks with a Gold, Platinum or Diamond card, there’s an option for almost every type of cardholder.
CommBank's Business Credit Cards
Commonwealth Bank offers a variety of options for cardholders who are looking to manage their business expenses with a credit card. You can cut down on regular credit card costs with low and waived annual fees, up to 55 interest-free days and low promotional balance transfer rates. You can also take advantage of extra benefits including additional cardholders, included international travel insurance, the Awards program and cash back rewards depending on the card you choose.
The benefits of banking with the Commonwealth Bank
Commonwealth Bank credit cards offer the following benefits:
Commonwealth Bank included travel insurance policy
Commonwealth Bank's included insurance policies are available as an extra benefit for Commonwealth Bank Gold, Platinum and Diamond cardholders and are provided by Allianz Global Assistance.
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.
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.
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.)
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 to accounts in Australia and overseas.
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 you’re account is compromised while you’re using the MasterCard payment networks (shopping over the counter or online), the MasterCard Zero Liability Guarantee 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.
How to apply for Commonwealth Bank credit cards
If you want to apply for a Commonwealth Bank credit card, standard credit card application requirements need to be met. 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 making a decision about your credit card application. You will need to provide the following information about yourself to support your application.
- 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 does 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 CBA credit card, you will be kept informed as to the progress of your application. If the bank requires any more information, you will be contacted within five days.
If you application is approved, you will need to undergo an identity check if you are a new Commonwealth Bank customer. Commonwealth Bank will contact you with details of what you need to provide as proof of identification (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
We’ve provided answers to some of the most common questions we get about Commonwealth Bank credit cards below. If you can’t find an answer to your question on this page, get in touch with us by leaving a question using the form at the bottom of the page.
Do my Commonwealth Bank Awards points expire?
How do I earn Commonwealth Bank Awards points?
Does the annual fee collect interest?
What happens after I apply for a Commonwealth Bank Credit Card?
How do I transfer a balance to a Commonwealth Bank credit card?
How much can I balance transfer to a Commonwealth Bank credit card?
When does my balance transfer promotion begin?
What’s the minimum repayment on my Commonwealth Bank credit card?
- 2% of the closing balance, rounded down to the nearest dollar
If you have a business credit card other than an Awards option, the minimum payment is either $75 or 2.5% of the balance (whichever is greater).