Commonwealth Bank Credit Cards

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Low fee and low rate through to platinum and diamond and rewards, Commonwealth Bank Credit Cards are for all Australians

The Commonwealth Bank wants to help all Australians with their banking needs. Through their network of branches — they have the largest branch network in Australia — the Commonwealth Bank has a national reach. Commonwealth Bank credit cards cater to Australians.

Whether you want either a budget or a premium credit card product — they’re the only lender to offer a diamond credit card and university students can benefit from a low fee credit card too — compare Commonwealth Bank credit cards.

Commonwealth Bank Low Rate Credit Card

Commonwealth Bank Credit Card Offer

The Commonwealth Bank Low Rate credit card offers a low ongoing interest rate on purchases everyday and up to 55 days interest free days on purchases. Also receive $250 cash back when you apply by 30 June 2016 and meet the spend requirement.

  • $59 p.a. annual fee
  • 13.49% p.a. on purchases
  • 5.99% p.a. for 5 months on balance transfers
  • Cash Advance Rate of 21.24% p.a.
  • Up to 55 days interest free

Comparison of Commonwealth Bank Credit Cards

Rates last updated May 5th, 2016
Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee
Commonwealth Bank Low Rate Credit Card
$250 cash back offer if you apply by 30 June 2016 and spend $500 on eligible purchases by 31 July 2016. This card offers a low ongoing rate of 13.49% p.a. on purchases with low annual fee of $59.
13.49% p.a. 5.99% p.a. for 5 months $59 p.a. Go to site More info
Commonwealth Bank Low Fee Credit Card
A low fee credit card with $0 annual fee for the first year combined with up to 55 interest-free days on purchases.
19.74% p.a. 5.99% p.a. for 5 months $0 p.a. annual fee for the first year ($29 p.a. thereafter) Go to site More info
Commonwealth Bank Low Fee Gold Credit Card
Gold card privileges such as complimentary international travel insurance with interest-free days and $0 annual fee for the first year.
19.74% p.a. 5.99% p.a. for 5 months $0 p.a. annual fee for the first year ($89 p.a. thereafter) Go to site More info
Commonwealth Bank Awards Credit Card
Dual credit card with balance transfer offer of 5.99% p.a. for 5 months and earn up to 1.5 Awards points per dollar spent.
20.24% p.a. 5.99% p.a. for 5 months $59 p.a. Go to site More info
Commonwealth Bank Gold Awards Credit Card
Earn up to 2 Awards points for every $1 spent, up to 55 days interest free on purchases and complimentary international travel insurance.
20.24% p.a. 5.99% p.a. for 5 months $119 p.a. Go to site More info
Commonwealth Bank Low Rate Gold Credit Card
Take advantage of the $250 cash back offer and apply by 30 June 2016. A low rate card that comes with up to 55 days interest-free on purchases combined with complimentary international travel insurance.
13.49% p.a. 5.99% p.a. for 5 months $89 p.a. Go to site More info
Commonwealth Bank Platinum Awards Credit Card
Enjoy 80,000 bonus CommBank Awards points when you apply by 30 June 2016 and meet the minimum spend criteria. Earn up to 2.5 Awards points per dollar spent and receive complimentary international travel insurance.
20.24% p.a. 5.99% p.a. for 5 months $249 p.a. Go to site More info
Commonwealth Bank Diamond Awards Credit Card
Receive 80,000 bonus CommBank Awards points when you apply by 30 June 2016 and meet the minimum spend criteria. Earn up to 3 Awards points per $1 spent.
20.24% p.a. 5.99% p.a. for 5 months $349 p.a. Go to site More info
Commonwealth Bank Small Business Credit Card - Low Rate
Get $250 cash back if you apply by 30 June 2016 and spend $500 on eligible purchases before 31 July 2016. A business credit card with $0 annual fee, a low ongoing interest rate with higher credit limits.
14.55% p.a. $0 p.a. Go to site More info
Commonwealth Bank Student Credit Card
Enjoy no annual fee while you're a student, up to 55 interest free days on purchases and a balance transfer offer.
19.74% p.a. 5.99% p.a. for 5 months $0 p.a. annual fee for the first year ($29 p.a. thereafter) More info
Commonwealth Bank Corporate Low Rate Credit Card
Minimise your business costs by controlling transaction limits and monthly spending limits.
14.55% p.a. $40 p.a. More info
Commonwealth Bank Corporate Charge Card
An easy to use card that can let you manage your businesses' purchases and travel expenses.
40 p.a. More info
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Types of credit cards from the Commonwealth Bank

Commonwealth Bank offers credit cards from low rate to premium. The range of Commonwealth Bank credit cards includes:

  • Balance transfer credit cards

    You can apply for a balance transfer at the same time as applying for a new Commonwealth Bank credit card. You’ll also be required to provide details regarding the transfer, so make sure to have these on hand before beginning the application. Once your application is approved, it can take up to 10 business days for the card to be delivered. Learn more about the steps to how to balance transfer with Commonwealth Bank.

Rates last updated May 5th, 2016
$
% p.a.

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Balance transfer rate (p.a.) Purchase rate (p.a.) Annual fee Interest Saved
Commonwealth Bank Low Rate Credit Card
$250 cash back offer if you apply by 30 June 2016 and spend $500 on eligible purchases by 31 July 2016. This card offers a low ongoing rate of 13.49% p.a. on purchases with low annual fee of $59.
5.99% p.a. for 5 months 13.49% p.a. $59 p.a. Go to site More info
Commonwealth Bank Low Fee Credit Card
A low fee credit card with $0 annual fee for the first year combined with up to 55 interest-free days on purchases.
5.99% p.a. for 5 months 19.74% p.a. $0 p.a. annual fee for the first year ($29 p.a. thereafter) Go to site More info
Commonwealth Bank Low Fee Gold Credit Card
Gold card privileges such as complimentary international travel insurance with interest-free days and $0 annual fee for the first year.
5.99% p.a. for 5 months 19.74% p.a. $0 p.a. annual fee for the first year ($89 p.a. thereafter) Go to site More info
Commonwealth Bank Awards Credit Card
Dual credit card with balance transfer offer of 5.99% p.a. for 5 months and earn up to 1.5 Awards points per dollar spent.
5.99% p.a. for 5 months 20.24% p.a. $59 p.a. Go to site More info
Commonwealth Bank Gold Awards Credit Card
Earn up to 2 Awards points for every $1 spent, up to 55 days interest free on purchases and complimentary international travel insurance.
5.99% p.a. for 5 months 20.24% p.a. $119 p.a. Go to site More info
Commonwealth Bank Low Rate Gold Credit Card
Take advantage of the $250 cash back offer and apply by 30 June 2016. A low rate card that comes with up to 55 days interest-free on purchases combined with complimentary international travel insurance.
5.99% p.a. for 5 months 13.49% p.a. $89 p.a. Go to site More info
Commonwealth Bank Platinum Awards Credit Card
Enjoy 80,000 bonus CommBank Awards points when you apply by 30 June 2016 and meet the minimum spend criteria. Earn up to 2.5 Awards points per dollar spent and receive complimentary international travel insurance.
5.99% p.a. for 5 months 20.24% p.a. $249 p.a. Go to site More info
Commonwealth Bank Diamond Awards Credit Card
Receive 80,000 bonus CommBank Awards points when you apply by 30 June 2016 and meet the minimum spend criteria. Earn up to 3 Awards points per $1 spent.
5.99% p.a. for 5 months 20.24% p.a. $349 p.a. Go to site More info
Commonwealth Bank Small Business Credit Card - Low Rate
Get $250 cash back if you apply by 30 June 2016 and spend $500 on eligible purchases before 31 July 2016. A business credit card with $0 annual fee, a low ongoing interest rate with higher credit limits.
14.55% p.a. $0 p.a. Go to site More info
Commonwealth Bank Student Credit Card
Enjoy no annual fee while you're a student, up to 55 interest free days on purchases and a balance transfer offer.
5.99% p.a. for 5 months 19.74% p.a. $0 p.a. annual fee for the first year ($29 p.a. thereafter) More info
Commonwealth Bank Corporate Low Rate Credit Card
Minimise your business costs by controlling transaction limits and monthly spending limits.
14.55% p.a. $40 p.a. More info
Commonwealth Bank Corporate Charge Card
An easy to use card that can let you manage your businesses' purchases and travel expenses.
40 p.a. More info
Rates last updated May 5th, 2016
$
% p.a.

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Balance transfer rate (p.a.) Purchase rate (p.a.) Annual fee Interest Saved
American Express Essential Credit Card
Receive a $50 credit when you apply online by and repay your credit card balances over 12 months with 0% p.a. interest. Plus enjoy $0 annual fee for life.
0% p.a. for 12 months 14.99% p.a. $0 p.a. Go to site More info
St.George Vertigo Visa
Benefit from a low interest rate on your everyday purchases combined with a long term 0% p.a. balance transfer offer for 18 months.
0% p.a. for 18 months 0.99% p.a. for 4 months (reverts to 13.24% p.a.) $55 p.a. Go to site More info
HSBC Platinum Credit Card
Receive a full annual fee refund and save $149 if you meet the $6,000 spend requirement. Enjoy a balance transfer offer and platinum card benefits such as complimentary insurances and concierge services.
0% p.a. for 15 months 19.99% p.a. $149 p.a. Go to site More info
NAB Low Rate Credit Card
The NAB Low Interest Visa Card offers 0% p.a. purchase and balance transfer offers for 15 months. Also comes with a low annual fee.
0% p.a. for 15 months with a one off 2% balance transfer fee 0% p.a. for 15 months (reverts to 13.99% p.a.) $59 p.a. Go to site More info
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
Offers 0% p.a. interest rate on balance transfers for 14 months to help you manage your existing credit card balance. Earn 10,000 bonus Velocity Points in the first 3 months.
0% p.a. for 14 months with 2% balance transfer fee 20.74% p.a. $64 p.a. annual fee for the first year ($129 p.a. thereafter) Go to site More info
St.George Vertigo Platinum
Manage your credit card debt with 0% for 20 months on balance transfers.
0% p.a. for 20 months 0.99% p.a. for 4 months (reverts to 12.74% p.a.) $99 p.a. Go to site More info
Bank of Melbourne Vertigo Visa Credit Card
Enjoy a low annual combined with 0% p.a. balance transfer offer for 18 months and 0.99% p.a. for 4 months on purchases.
0% p.a. for 18 months 0.99% p.a. for 4 months (reverts to 13.24% p.a.) $55 p.a. Go to site More info
Coles Low Rate MasterCard
A low rate MasterCard with a competitive rate on purchases and a low annual fee.
0% p.a. for 6 months 9.99% p.a. $49 p.a. Go to site More info
NAB Premium Card
Enjoy purchasing with 0% for 15 months during your long term balance transfer offer with Platinum credit card advantages.
0% p.a. for 15 months with a one off 2% balance transfer fee 0% p.a. for 15 months (reverts to 19.74% p.a.) $90 p.a. Go to site More info
Bank of Melbourne Vertigo Platinum
A platinum card with a low balance transfer offer of 0% p.a. interest for 20 months and 0.99% p.a. for 4 months on purchases combined with complimentary insurances and 24/7 concierge.
0% p.a. for 20 months 0.99% p.a. for 4 months (reverts to 12.74% p.a.) $99 p.a. Go to site More info
Coles No Annual Fee MasterCard
Get a balance transfer offer of 0% p.a. for 6 months, enjoy paying no annual fee ever, and earn flybuys points on everyday purchases.
0% p.a. for 6 months 19.99% p.a. $0 p.a. Go to site More info
Virgin No Annual Fee Credit Card
Enjoy a long term balance transfer plus a $100 cashback offer (spend criteria applies) and never pay an annual fee for this card.
0% p.a. for 18 months with 2% balance transfer fee 18.99% p.a. $0 p.a. Go to site More info
American Express Platinum Edge Credit Card
Receive 5,000 Membership Rewards Bonus Points and no annual fee for the first year. Plus, enjoy 0% p.a. for 12 months on balance transfers. Apply by 30 May 2016.
0% p.a. for 12 months with 1% balance transfer fee 20.74% p.a. $0 p.a. annual fee for the first year ($195 p.a. thereafter) Go to site More info
Citi Rewards Credit Card - Classic Card
A credit card with a long term balance transfer offer, a low ongoing annual fee, and a complimentary reward program membership.
0% p.a. for 12 months 20.99% p.a. $99 p.a. Go to site More info

Learn more about balance transfers here

  • Low fee credit cards

    Low fee credit cards are all about cutting back on charges. A low or no annual fee is the main hallmark of a low fee credit card. If you hold a qualifying Commonwealth Bank account, the annual fee is waived altogether.

Rates last updated May 5th, 2016
Annual fee Purchase rate (p.a.) Balance transfer rate (p.a.)
Commonwealth Bank Low Fee Credit Card
A low fee credit card with $0 annual fee for the first year combined with up to 55 interest-free days on purchases.
$0 p.a. annual fee for the first year ($29 p.a. thereafter) 19.74% p.a. 5.99% p.a. for 5 months Go to site More info
Commonwealth Bank Low Fee Gold Credit Card
Gold card privileges such as complimentary international travel insurance with interest-free days and $0 annual fee for the first year.
$0 p.a. annual fee for the first year ($89 p.a. thereafter) 19.74% p.a. 5.99% p.a. for 5 months Go to site More info
Commonwealth Bank Student Credit Card
Enjoy no annual fee while you're a student, up to 55 interest free days on purchases and a balance transfer offer.
$0 p.a. annual fee for the first year ($29 p.a. thereafter) 19.74% p.a. 5.99% p.a. for 5 months More info
Rates last updated May 5th, 2016
Annual fee Purchase rate (p.a.) Balance transfer rate (p.a.)
American Express Platinum Edge Credit Card
Receive 5,000 Membership Rewards Bonus Points and no annual fee for the first year. Plus, enjoy 0% p.a. for 12 months on balance transfers. Apply by 30 May 2016.
$0 p.a. annual fee for the first year ($195 p.a. thereafter) 20.74% p.a. 0% p.a. for 12 months with 1% balance transfer fee Go to site More info
American Express Essential Credit Card
Receive a $50 credit on eligible spend and get Smartphone screen insurance combined with a no annual fee for life card.
$0 p.a. 14.99% p.a. 0% p.a. for 12 months Go to site More info
ANZ Frequent Flyer Black
Earn up to 75,000 bonus Qantas Points when you spend $2,500 within the first three months and 1.5 points per $1 spent. Get complimentary airport lounge access, 24/7 concierge with $0 annual fee in the first year.
$0 p.a. annual fee for the first year ($425 p.a. thereafter) 19.99% p.a. Go to site More info
Coles No Annual Fee MasterCard
No annual fee for the life of the card and earn 0.5 flybuys points per dollar spent. $100 discount Supermarket offer for approved applicants.
$0 p.a. 19.99% p.a. 0% p.a. for 6 months Go to site More info
Virgin No Annual Fee Credit Card
No annual fee credit card with $100 cashback and a long term low rate balance transfer offer of 0% p.a. for 18 months with 2% balance transfer fee. Spend criteria applies for cashback offer.
$0 p.a. 18.99% p.a. 0% p.a. for 18 months with 2% balance transfer fee Go to site More info
HSBC Platinum Credit Card
Receive a full annual fee refund and save $149 if you meet the $6,000 spend requirement. Enjoy a balance transfer offer and platinum card benefits such as complimentary insurances and concierge services.
$149 p.a. 19.99% p.a. 0% p.a. for 15 months Go to site More info
Commonwealth Bank Small Business Credit Card - Low Rate
Get $250 cash back if you apply by 30 June 2016 and spend $500 on eligible purchases before 31 July 2016. A business credit card with $0 annual fee, a low ongoing interest rate with higher credit limits.
$0 p.a. 14.55% p.a. Go to site More info
Bankwest Zero Platinum MasterCard
Complimentary travel insurance & 24/7 Concierge service and $0 Foreign Transaction fees. Plus enjoy a $0 annual fee.
$0 p.a. 17.99% p.a. 2.99% p.a. for 9 months Go to site More info
28 Degrees Platinum MasterCard
No annual fee for life, up to 55 days interest-free on purchases and no foreign transaction fees.
$0 p.a. 21.99% p.a. Go to site More info
Citi Simplicity Card
Pay no annual fee to ever, plus receive access to complimentary purchase insurance and the Citibank Dining Program.
$0 p.a. 11.99% p.a. for 24 months (reverts to 19.99% p.a.) Go to site More info

Learn more about Low Fee Credit Cards

  • Low rate credit cards

    The Commonwealth Bank Low Rate Credit Cards give you a low ongoing purchase rate of interest. There’s a standard low rate card and a gold low rate credit card. The gold low rate credit card comes with a few extra perks, like complimentary insurance.

 
Rates last updated May 5th, 2016
Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee Interest Free Period
Commonwealth Bank Low Rate Credit Card
$250 cash back offer if you apply by 30 June 2016 and spend $500 on eligible purchases by 31 July 2016. This card offers a low ongoing rate of 13.49% p.a. on purchases with low annual fee of $59.
13.49% p.a. 5.99% p.a. for 5 months $59 p.a. Up to 55 days on purchases Go to site More info
Commonwealth Bank Low Rate Gold Credit Card
Take advantage of the $250 cash back offer and apply by 30 June 2016. A low rate card that comes with up to 55 days interest-free on purchases combined with complimentary international travel insurance.
13.49% p.a. 5.99% p.a. for 5 months $89 p.a. Up to 55 days on purchases Go to site More info
 
Rates last updated May 5th, 2016
Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee Interest Free Period
Coles Low Rate MasterCard
A low rate MasterCard with a competitive rate on purchases and a low annual fee.
9.99% p.a. 0% p.a. for 6 months $49 p.a. Up to 62 days on purchases Go to site More info
American Express Essential Credit Card
Receive a $50 credit on eligible spend and get Smartphone screen insurance combined with a no annual fee for life card.
14.99% p.a. 0% p.a. for 12 months $0 p.a. Up to 55 days on purchases Go to site More info
St.George Vertigo Visa
A low rate shopping credit card offering a low ongoing rate on purchases plus a low balance transfer offer of 0% p.a. for 18 months.
0.99% p.a. for 4 months (reverts to 13.24% p.a.) 0% p.a. for 18 months $55 p.a. Up to 55 days on purchases Go to site More info
Bank of Melbourne Vertigo Visa Credit Card
Enjoy a low annual combined with 0% p.a. balance transfer offer for 18 months and 0.99% p.a. for 4 months on purchases.
0.99% p.a. for 4 months (reverts to 13.24% p.a.) 0% p.a. for 18 months $55 p.a. Up to 55 days on purchases Go to site More info
Commonwealth Bank Low Rate Credit Card
A $250 limited time cashback offer and a low ongoing purchase rate.
13.49% p.a. 5.99% p.a. for 5 months $59 p.a. Up to 55 days on purchases Go to site More info
St.George Vertigo Platinum
Enjoy platinum card benefits with a long term balance transfer of 0% for 20 months and a low annual fee.
0.99% p.a. for 4 months (reverts to 12.74% p.a.) 0% p.a. for 20 months $99 p.a. Up to 55 days on purchases Go to site More info
Commonwealth Bank Small Business Credit Card - Low Rate
Get $250 cash back if you apply by 30 June 2016 and spend $500 on eligible purchases before 31 July 2016. A business credit card with $0 annual fee, a low ongoing interest rate with higher credit limits.
14.55% p.a. $0 p.a. Go to site More info
ANZ Low Rate
Save on your existing credit card interest with 0% for 18 months on balance transfers with a low annual fee and low ongoing purchase rate.
13.49% p.a. 0% p.a. for 18 months with 3% balance transfer fee $58 p.a. Up to 55 days on purchases Go to site More info
Commonwealth Bank Low Rate Gold Credit Card
Take advantage of the $250 cash back offer and apply by 30 June 2016. A low rate card that comes with up to 55 days interest-free on purchases combined with complimentary international travel insurance.
13.49% p.a. 5.99% p.a. for 5 months $89 p.a. Up to 55 days on purchases Go to site More info
Citi Simplicity Card
Enjoy a interest-free days and a low interest rate on purchases plus enjoy free bottles of wine from Citibank Dining Program. Offer ends on 31 March 2017.
11.99% p.a. for 24 months (reverts to 19.99% p.a.) $0 p.a. Up to 55 days on purchases Go to site More info
Learn more about Low Rate Cards
  • Award credit cards

    These cards are linked to the Commonwealth Bank Awards Program. The higher tiered cards reward you with more points per dollar spent with an American Express and a MasterCard are issued. The American Express card has a higher earn rate than the MasterCard card, so you can earn more points where American Express is accepted. If you want to learn more about the Commbank Awards Program click here.
Rates last updated May 5th, 2016
Bonus Points Points per $ spent Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee
Commonwealth Bank Awards Credit Card
Dual credit card with balance transfer offer of 5.99% p.a. for 5 months and earn up to 1.5 Awards points per dollar spent.
VISA/MC: 1 AMEX: 1.5 20.24% p.a. 5.99% p.a. for 5 months $59 p.a. Go to site More info
Commonwealth Bank Gold Awards Credit Card
Earn up to 2 Awards points for every $1 spent, up to 55 days interest free on purchases and complimentary international travel insurance.
VISA/MC: 1 AMEX: 2 20.24% p.a. 5.99% p.a. for 5 months $119 p.a. Go to site More info
Commonwealth Bank Platinum Awards Credit Card
Enjoy 80,000 bonus CommBank Awards points when you apply by 30 June 2016 and meet the minimum spend criteria. Earn up to 2.5 Awards points per dollar spent and receive complimentary international travel insurance.
80,000 bonus points VISA/MC: 1 AMEX: 2.5 20.24% p.a. 5.99% p.a. for 5 months $249 p.a. Go to site More info
Commonwealth Bank Diamond Awards Credit Card
Receive 80,000 bonus CommBank Awards points when you apply by 30 June 2016 and meet the minimum spend criteria. Earn up to 3 Awards points per $1 spent.
80,000 bonus points VISA/MC: 1.25 AMEX: 3 20.24% p.a. 5.99% p.a. for 5 months $349 p.a. Go to site More info
Rates last updated May 5th, 2016
Bonus Points Points per $ spent Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee
ANZ Rewards Black Credit Card
Earn 75,000 Reward Points when you spend $2,500 within the first three months, up to 3 reward points per dollar spent and unlimited access to airport lounges with complimentary travel insurance.
75,000 bonus points VISA/MC: 1.25 AMEX: 3 18.79% p.a. $0 p.a. annual fee for the first year ($375 p.a. thereafter) Go to site More info
HSBC Platinum Qantas Credit Card
Receive 40,000 bonus Qantas Points on eligible spend within 3 months. A balance transfer offer of 0% p.a. for 6 months with access to premium benefits and complimentary insurance.
40,000 bonus points VISA/MC: 1 AMEX: 0 19.99% p.a. 0% p.a. for 6 months $199 p.a. Go to site More info
HSBC Platinum Credit Card
Enjoy an annual fee refund every year if you meet the spend requirement with a balance transfer offer, high credit limits and prestige services including a personal concierge service and VISA Platinum rewards program.
VISA/MC: 1 AMEX: 0 19.99% p.a. 0% p.a. for 15 months $149 p.a. Go to site More info
ANZ Frequent Flyer Black
Earn up to 75,000 bonus Qantas Points when you spend $2,500 within the first three months and 1.5 points per $1 spent. Get complimentary airport lounge access, 24/7 concierge with $0 annual fee in the first year.
75,000 bonus points VISA/MC: 0.75 AMEX: 1.5 19.99% p.a. $0 p.a. annual fee for the first year ($425 p.a. thereafter) Go to site More info
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
Earn 10,000 bonus Velocity Points in the first 3 months plus a low balance transfer offer of 0% p.a. for 14 months
10,000 bonus points VISA/MC: 0.66 AMEX: 0 20.74% p.a. 0% p.a. for 14 months with 2% balance transfer fee $64 p.a. annual fee for the first year ($129 p.a. thereafter) Go to site More info
American Express Platinum Edge Credit Card
Receive 5,000 Membership Rewards bonus points and a complimentary Virgin Australia flight each year. Plus a low balance transfer offer of 0% p.a. for 12 months.
5,000 bonus points VISA/MC: 0 AMEX: 1 20.74% p.a. 0% p.a. for 12 months with 1% balance transfer fee $0 p.a. annual fee for the first year ($195 p.a. thereafter) Go to site More info
American Express Essential Credit Card
Receive a $50 credit on eligible spend and get Smartphone screen insurance combined with a no annual fee for life card.
1 14.99% p.a. 0% p.a. for 12 months $0 p.a. Go to site More info
ANZ Frequent Flyer Platinum
Earn up to 1.5 Qantas Frequent Flyer points per $1 spent on purchases. Plus 50,000 Qantas Points when you spend $2,500 on purchases within the first 3 months and no annual fee offer in the first year.
50,000 bonus points VISA/MC: 0.5 AMEX: 1.5 19.99% p.a. $0 p.a. annual fee for the first year ($295 p.a. thereafter) Go to site More info
American Express Velocity Platinum Card
Enjoy up to 50,000 bonus Velocity Points and up to 3 rewards points per dollar spent, plus 0% p.a. balance transfer offer for 12 months and a complimentary return flight every year.
50,000 bonus points VISA/MC: 0 AMEX: 1 20.74% p.a. 0% p.a. for 12 months with 1% balance transfer fee $349 p.a. Go to site More info
Coles Rewards Mastercard
Receive $100 to spend at Coles Supermarkets. To receive this offer, you need to complete and submit the secure online application and be approved by . Earn 2 flybuys points for every $1 spent, no foreign transaction fees on online and international purchases.
VISA/MC: 2 AMEX: 0 19.99% p.a. 0% p.a. for 6 months $89 p.a. Go to site More info
Learn more about Rewards Credit Cards
  • Student credit cards

    The Commonwealth Bank Low Fee Student credit card is designed for students. It includes the popular features of up to 55 days of interest-free days and no annual fee. This makes it a suitable companion for the student lifestyle.

Rates last updated May 5th, 2016
Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee Interest Free Period
Commonwealth Bank Student Credit Card
Enjoy no annual fee while you're a student, up to 55 interest free days on purchases and a balance transfer offer.
19.74% p.a. 5.99% p.a. for 5 months $0 p.a. annual fee for the first year ($29 p.a. thereafter) Up to 55 days on purchases More info
Though there is a limited number of student credit cards, low fee and low rate cards can be a considerable option to keep the costs down.
Rates last updated May 5th, 2016
Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee Interest Free Period
Commonwealth Bank Low Rate Credit Card
$250 cash back offer if you apply by 30 June 2016 and spend $500 on eligible purchases by 31 July 2016. This card offers a low ongoing rate of 13.49% p.a. on purchases with low annual fee of $59.
13.49% p.a. 5.99% p.a. for 5 months $59 p.a. Up to 55 days on purchases Go to site More info
Coles Low Rate MasterCard
A low rate MasterCard with a competitive rate on purchases and a low annual fee.
9.99% p.a. 0% p.a. for 6 months $49 p.a. Up to 62 days on purchases Go to site More info
ANZ First Student Card
Student credit card with no annual fee for the first year and up to 44 days interest-free on purchases.
19.74% p.a. $0 p.a. annual fee for the first year ($30 p.a. thereafter) Up to 44 days on purchases Go to site More info
Bankwest Breeze MasterCard
Enjoy 5% cash back* (up to $300) on eligible purchases for the first 3 months. Monthly cap, minimum spend, and terms and conditions apply. Offered for a limited time.
12.99% p.a. 2.99% p.a. for 9 months $59 p.a. Up to 55 days on purchases Go to site More info
ANZ First Visa Credit Card
This simple a low annual fee credit card is designed as a first credit card with a low fee and low minimum credit limits. Protected by ANZ Falcon's 24/7 suspicious transaction security.
19.74% p.a. 0% p.a. for 18 months with 3% balance transfer fee $30 p.a. Up to 44 days on purchases Go to site More info
ANZ Low Rate
A low rate credit card with introductory offer on balance transfers.
13.49% p.a. 0% p.a. for 18 months with 3% balance transfer fee $58 p.a. Up to 55 days on purchases Go to site More info
Citi Clear Platinum Card
A low rate platinum credit card with a low interest rate on purchases and balance transfers.
0% p.a. for 9 months (reverts to 14.99% p.a.) 0% p.a. for 9 months $99 p.a. Up to 55 days on purchases Go to site More info
Citi Simplicity Card
Enjoy a interest-free days and a low interest rate on purchases plus enjoy free bottles of wine from Citibank Dining Program. Offer ends on 31 March 2017.
11.99% p.a. for 24 months (reverts to 19.99% p.a.) $0 p.a. Up to 55 days on purchases Go to site More info
28 Degrees Platinum MasterCard
Pay no annual fee ever and make your overseas online purchases without worrying about transaction fees.
21.99% p.a. $0 p.a. Up to 55 days on purchases Go to site More info
Learn more about Student Credit Cards
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The benefits of banking with the Commonwealth Bank

Commonwealth Bank credit cards come with the following benefits:

  • Commonwealth Bank complimentary travel insurance policy

    Commonwealth Bank’s complimentary insurance policy is provided by Allianz Global Assistance and is available to Commonwealth Bank Gold, Platinum and Diamond cardholders.
    Our complete guide will tell you what you need to know about this complimentary travel insurance policy including eligibility requirements, how to make sure you’re covered, claims process and the different types of insurances available. Complete guide for Commonwealth Bank complimentary insurance here.

  • Commonwealth Bank Awards Program

    Earn Awards points when you use your CommBank Awards credit card for daily transactions. Over 1,000 items with the Commbank Awards Program to choose from to reward your everyday spending on this card. Read our review on the Commbank Awards Program here.

  • Balance Transfers

    A balance transfer with Commonwealth Bank is relatively simple, shouldn’t take more than 15 minutes. There are four sections to complete with the online application form and from here it should only take Commonwealth Bank five to ten business days to complete your request and transfer your balances. Learn more about the steps to transferring your balance over to Commonwealth Bank.

  • Reduced annual fee

    If you have a qualifying Commonwealth Bank account, like a home loan, savings account or transaction account, you’re eligible to receive a reduced annual fee when you apply for a Commonwealth Bank credit card. You can view the regular annual fee and the reduced annual fee in the product tables in our Commonwealth Bank Credit Card review and application pages.

  • Online banking — Netbank

    Netbank is an online banking tool for Commonwealth Bank 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 with your credit card and make payments to accounts in Australia and overseas.

  • MasterCard benefits

    Commonwealth Bank credit cards are issued in partnership with MasterCard. Commonwealth Bank 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. There’s no need to enter your PIN.
    • MasterCard fraud guarantee. If you’re account is compromised while you’re using the MasterCard payment networks (shopping over the counter or online), MasterCard offer a money back guarantee under the MasterCard Zero Liability Guarantee.
    • 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.
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How to apply for Commonwealth Bank credit cards

If you want to apply for a Commonwealth Bank credit card, the standard credit card application requirements need to be met — the higher the tier of product (Diamond and Platinum are higher tier cards than low rate and low fee credit cards), the greater the minimum income requirement. You’ll also need to have a good credit rating and meet the residency and age requirements. You can find this information listed on our Commonwealth Bank credit card review and application pages. If you do meet the minimum eligibility requirements, Commonwealth Bank needs to form a picture about your financial situation before they can make a decision about whether to grant you a credit card, and if so, the size of the credit limit. You will need to provide the following information about yourself to support your application.

Information needed for a Commonwealth Bank credit card application

  • Personal information. Commonwealth Bank needs to know your name, current residential address and your contact information, like your email.
  • Details about your income. You need to provide as much detail about your income and the money you have coming in. Details of income generating assets like property and shares also need to be provided, as does information about any savings.
  • Expenses and liabilities. Do you have any other credit cards, if so, what are their limits? Information about any debt, ongoing expenses like child support, mortgage repayments, or anything that is considered an expense, like your weekly food budget, will also need to be provided to the Commonwealth Bank.
  • 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 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 at each successive stage, hence the necessity for providing accurate contact details. If the bank requires any more information from you, you will be informed of this within five days. If the decision is that you are eligible for a Commonwealth Bank credit card, you will need to undergo an identity check, which is the law of the land, although this is not necessary if you are already a customer of Commonwealth Bank. Commonwealth Bank will send you a letter requiring this proof of identification. This can be fulfilled by having certain documents copied, then verified by an independent person of a specified background. These can then be mailed back to the bank. Alternatively, you can take these documents into a branch of the Commonwealth Bank so a bank representative can check them. After all the information has been fully verified, you will receive your Commonwealth Bank credit card within ten working days. You can then activate your new CBA credit card over the phone.

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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.

How much can I balance transfer to a Commonwealth Bank credit card?

You can balance transfer up to 95% of your available credit limit.

Do my Commonwealth Bank Awards points expire?

Commonwealth Bank Awards do not expire

How do I earn Commonwealth Bank Awards points?

If you have a Commonwealth Bank Awards credit card, you earn Commonwealth Bank Awards Points when you make an eligible purchase. Eligible purchases are your everyday type of transaction, purchases like buying your groceries or filling your car up with petrol earn points. Points are not awarded for cash transactions. These types of transaction include cash advances, paying government fees and charges, credit card fees and charges and business expenses. Check the Commonwealth Bank Awards terms and conditions for a full list of transactions that are ineligible to earn Commonwealth Bank Awards Points.

What can I redeem my Commonwealth Bank Awards Points for?

If you have a Commonwealth Bank Awards credit card, you can redeem your Commonwealth Bank Awards points for a range of flight and non-flight rewards. There’s a wide range of rewards you can choose from. You can view the redemption options online through the Commonwealth Bank Awards website or by downloading the Commonwealth Bank Awards brochure, also available through the website.

Does the annual fee collect interest?

The annual fee is charged to your card and added to your total balance of purchases. If you don’t repay your balance in full by the end of the statement period, the annual fee (as well as any other purchases that have contributed to your balance) will collect interest. If there’s an introductory 0% offer on purchases or interest-free days in place, your annual fee won’t be charged any interest until the revert rate kicks in or if you don’t repay your balance by the end of the statement period.

What happens after I apply for a Commonwealth Bank Credit Card?

After applying for a Commonwealth Bank credit card, you should have a response within minutes from the bank letting you know about the status of your credit card application. Your application can be approved, declined or conditionally approved. If the bank needs any more information from you to support your application, you will be notified about the next steps on the email you provided during the application. Usually, by providing information like your drivers licence number or passport number during the application, the Commonwealth Bank is able to verify your identity online; however, if you were not able to provide this information, you may be required to submit an identity verification form in writing to the bank. This document can then be mailed back to the bank. Alternatively, you can take these documents into a branch of the Commonwealth Bank. After all the information has been fully verified, you will receive your Commonwealth Bank credit card within ten working days. You will then need to activate your new CBA credit card over the phone before it can be used.

How do I transfer a balance to a Commonwealth Bank credit card?

If you want to take advantage of a Commonwealth Bank balance transfer offer, you can elect to transfer a balance when you apply for the credit card online. There’s a section within the application that asks you if you want to carry out a balance transfer, click ‘yes’. You will then be prompted to enter the name of the financial institution you want to transfer a balance from, the card number of the accounts and the amount you want to transfer from each account. Commonwealth Bank allow you to transfer a balance from a number of different credit card, store card and charge cards. The total amount must not be more than 90% of your credit limit on your new Commonwealth Bank credit card.

What’s the minimum repayment on my Commonwealth Bank credit card?

If you’re carrying a balance on your Commonwealth Bank credit card, you need to pay back a certain amount each month to avoid the late payment fee. This is the minimum monthly repayment, a small percentage of your balance. You can find information about the minimum monthly repayment listed on our Commonwealth Bank credit card review and application pages.

How do I close my Commonwealth Bank credit card account?

If you would like to cancel your Commonwealth Bank credit card and close your account, you need to make sure that you have paid back the balance in full. If you’re not carrying a balance on your Commonwealth Bank credit card, you can cancel your card anytime without charge by giving a Commonwealth Bank representative a call or by visiting a Commonwealth Bank branch.

When does my balance transfer promotion begin?

Your balance transfer offer will begin when the balance transfer process has been approved and completed by Commonwealth Bank (approximately 2-5 working days).

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64 Responses to Commonwealth Bank Credit Cards

  1. Default Gravatar
    alexander | April 21, 2016

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

    • Staff
      May | April 22, 2016

      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

  2. Default Gravatar
    Leanne | October 6, 2015

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

    • Staff
      Jonathan | October 6, 2015

      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

  3. Default Gravatar
    Sue | September 11, 2015

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

    • Staff
      Jonathan | September 11, 2015

      Hi Sue, thanks for your inquiry!

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

      Cheers,

      Jonathan

  4. Default Gravatar
    John | August 12, 2015

    My parents have a mastercard in my fathers name and he passed away a couple of years ago, my mother believes that bank informed her as he had passed she need to sent a copy of death notice and his card would be paid out? is that true

    • Staff
      Sally | August 12, 2015

      Hi John,

      Thank you for your comment and we’re sorry to hear about your loss.

      There are a few steps that need to be taken manage a Commonwealth Bank after death.

      I’ve emailed you a PDF of the guide via email, which includes a list of your options and a checklist of the documents and information you’ll need to provide the bank with.

      I hope this has helped.

      Thanks,

      Sally

  5. Default Gravatar
    Bev | August 1, 2015

    I understand that when we pay for our airline travel with our CBA Gold Mastercard, we receive travel insurance automatically. Could you please advise me up to what maximum age of a cardholder/family member does the travel insurance apply? My husband has just turned 80, we intend travelling next year, will this insurance still cover him?

    • Staff
      Jonathan | August 3, 2015

      Hi Bev,

      Thank for your inquiry.

      There are restrictions for persons aged 80 years or older for the CBA international travel insurance. Please refer to page 8 of the PDF I have sent to your email for the terms on this policy.

      I hope this has answered your question.

      Cheers,

      Jonathan

  6. Default Gravatar
    Diana | May 31, 2015

    I will be traveling in Europe in July. What card would you recommend I take? What are the fees will you charge for cash withdraws and over counter transactions while I am over there and what are you exchange rates with the Euro.

    • Staff
      sally.mcmullen@hiveempire.com | June 1, 2015

      Hi Diana,

      Thank you for your question.

      You have come through to finder.com.au, not Commonwealth Bank.

      As a financial comparison service, we cannot provide you with specific recommendations. Instead, we provide our users with the information they need to make their own decisions.

      On the note, you may want to compare some of your Commonwealth Bank credit card options here or your Commonwealth Bank prepaid travel card options here. You can compare the ATM withdrawal fees and over-the-counter transaction fees on these pages. The exchange rates change frequently, so you can view the most recent rates on the Commonwealth Bank website by clicking the “Go to Site” and “More Info” buttons on these pages.

      I hope this has been of assistance.

      Thanks,

      Sally

  7. Default Gravatar
    lorraine | May 20, 2015

    What is the postal address for MasterCard payments? I know it is locked bag, but don’t have the number.

    Thank you, Lorrane

    • Default Gravatar
      laurel | May 25, 2015

      Where is the cvv on my Commonwealth bank American Express credit card?

    • Staff
      Jonathan | May 25, 2015

      Hi Laurel, thanks for your inquiry!

      The Cvv is typically found on the back of the card as a 3 digit number.

      Cheers,

      Jonathan

    • Staff
      Jonathan | May 20, 2015

      Hi Lorraine, thanks for your inquiry!

      Unfortunately no postal address is provided on the Commonwealth Bank website. Credit card payments can be made via Netbank. Please refer to the contact details I have sent to your email for any further inquiries in regards to credit card payments.

      Cheers,

      Jonathan

  8. Default Gravatar
    JUDY | April 28, 2015

    How can I pay my tax by credit card?

    • Staff
      Jonathan | April 29, 2015

      Hi Judy, thanks for your inquiry!

      Tax payments can be completed by going to the Australian Tax Office (ATO) website. Please refer to the following page on a guide for paying your tax bill by credit card.

      Cheers,

      Jonathan

  9. Default Gravatar
    Stephen | March 21, 2015

    How do i check my progress into getting my credit card.

    • Staff
      Jonathan | March 23, 2015

      Hi Stephen, thanks for your inquiry!

      Checking on your application/ progress into receiving your credit card can be done by contacting Commonwealth Bank directly. Please see this page on how to check on your credit card application.

      Cheers,

      Jonathan

  10. Default Gravatar
    michael | February 22, 2015

    lost or misplaced my mastercard. what do i do

    • Staff
      Jonathan | February 23, 2015

      Hi Michael, thanks for your inquiry!

      It would be best to contact Commonwealth Bank immediately so the card can be barred from any unauthorised use.

      Cheers,

      Jonathan

Credit Cards Comparison

Rates last updated May 5th, 2016
Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee
St.George Vertigo Platinum
A platinum card with a balance transfer offer of 0% p.a. for 20 months and an introductory purchase offer of 0.99% p.a. for 4 months with a low annual fee.
0.99% p.a. for 4 months (reverts to 12.74% p.a.) 0% p.a. for 20 months $99 p.a. Go to site More info
American Express Essential Credit Card
Receive a $50 credit on eligible spend and get Smartphone screen insurance combined with a no annual fee for life card.
14.99% p.a. 0% p.a. for 12 months $0 p.a. Go to site More info
HSBC Platinum Credit Card
Receive a full annual fee refund and save $149 if you meet the $6,000 spend requirement. Enjoy a balance transfer offer and platinum card benefits such as complimentary insurances and concierge services.
19.99% p.a. 0% p.a. for 15 months $149 p.a. Go to site More info
ANZ Frequent Flyer Black
Earn up to 75,000 bonus Qantas Points when you spend $2,500 within the first three months and 1.5 points per $1 spent. Get complimentary airport lounge access, 24/7 concierge with $0 annual fee in the first year.
19.99% p.a. $0 p.a. annual fee for the first year ($425 p.a. thereafter) Go to site More info

* The credit card offers compared on this page are chosen from a range of credit cards CreditCardFinder.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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