CBA Awards Programme

Featured CBA Awards Card

The CBA Awards Card is an awards card that will compliment your lifestyle as you can earn 1.5 Award points for every dollar you spend on everyday
purchases you make. You can then redeem these points for travel, hotels, and shopping rewards.

• $89.00 annual fee
• 20.49% p.a. on purchases
• 5.99% p.a. for 5 months on balance transfers
• Cash Advance Rate of 21.49%
• Enjoy the convenience of two cards on the one account – MasterCard & AMEX

Click here to read the Commonwealth Bank Awards Credit Card terms and conditions

Learn about the main benefits of the cba awards programme, and how you can redeem your points. Thanks to a wide range of rewards your dollar just became more valuable.

The cba awards credit card programme is a companion credit card rewards scheme. This means that two credit cards are issued on one account – a MasterCard and an American Express – giving the customer one annual fee and one statement, but with points from both cards counting towards the reward of your choice.

CBA Awards features:

Travel Plus

Commonwealth Awards members can redeem their points against travel rewards through Travel Plus. Travel Plus allows you to locate your travel requirements and use your awards points to pay for domestic and international flights on over 450 airlines, plus options on accommodation, car hire, cruises, holiday packages, sightseeing activities and travel insurance. Travel Gift Cards are also available. With Travel Plus, regular awards cardholders receive 2 points for every $1 spent, gold cardholders receive 3 points for every $1 spent, and platinum cardholders receive 4 points for every $1 spent.

Cashback

Cba awards points can also be redeemed for cashback. This will appear as a credit on your card statement. In effect, this means that your existing balance is being paid down by the points you earn on your current purchases.

Air New Zealand Airpoints, Velocity Rewards, and Qantas Frequent Flyer transfers

Cba awards points can be redeemed for Velocity Rewards, or Air New Zealand Airpoints Dollars. Both these programmes require you to be a member. If you choose, you can also transfer your points to the Qantas Frequent Flyer programme, although this requires you to join Qantas Frequent Flyer Direct which costs a $10 annual fee.

Points Plus Pay

This option allows you to get your hands on your rewards sooner by topping up any points deficit with a credit card payment.

Bonus Partners

Bonus Partners are always being added to the rewards programme to increase the rewards selection for the customer. Bonus Points allow for more cba awards points to be accumulated faster.

No expiry

Points in the Commonwealth Awards programme never expire, so long as the credit card account remains open.

Points cap

Cba awards points are capped at the following amounts:

* Awards Card – 50,000 points per calendar year
* Gold Card – 100,000 points per calendar year
* Platinum Card – 150,000 per calendar year

Points redemption

Points from cba awards can be redeemed via Commonwealth Bank’s Internet banking service, which is called NetBank.

• Comparison of Top 10 Credit Card Offers

Editor's Choice: Our Top Credit Cards

Credit Card	Card Details	Interest Rate (p.a.)	Cash Advance Rate (p.a.)	Balance Transfer Rate (p.a.)	Annual fee	Interest free days (up to)
HSBC Credit Card	Editor's Choice: 0% for 6 months Balance Transfer & No Annual Fee Featuring a $0 annual fee for life, and 0% p.a. balance transfer for 6 months, the HSBC Credit Card was voted the Best Transactor Credit Card for 2010.	16.99%	20.75%	0% for 6 months	$0	55
Suncorp Clear Options Standard Visa Card	A great 12 month balance transfer offer, combined with a low annual fee and a good interest rate on purchases.	12.24%	17.99%	1.9% for 12 months	$39	0