Using Commonwealth Bank Credit Cards Overseas

Posted November 24th, 2009 and last modified March 26th, 2014

Taking credit cards overseas assures you of ready funding whenever you need it, whether that’s for meals, merchandise, accommodation, cash withdrawals or anything else.

Commonwealth Bank credit cards from MasterCard, Visa, or American Express will all be welcomed around the world, but you should remember that American Express enjoys less widespread acceptance than the other two.

Interest rate (p.a.) Balance transfer rate (p.a.) Annual fee Cash advance rate (p.a.)
Commonwealth Bank Awards Credit Card
Commonwealth Bank Awards Credit Card
A low interest rate offer with online security guarantee. Frequent Flyer Awards system, including Bonus Partner Reward Offers. 20.24% p.a. 5.99% p.a. for 5 months $89 p.a. ($59 for qualifying customers) 21.24% p.a. Apply Now For The Commonwealth Bank Awards Credit Card
Read More About The Commonwealth Bank Awards Credit Card
Commonwealth Bank Gold Awards Credit Card
Commonwealth Bank Gold Awards Credit Card
A low interest rate offer on balance transfer and purchases. Complimentary comprehensive travel insurance, 90 day purchase security cover and extended warranty on purchases. Also receive up to $200 cash back when you sign up before 30 April 2014. 20.24% p.a. 5.99% p.a. for 5 months $144 p.a. ($114 for qualifying customers) 21.24% p.a. Apply Now For The Commonwealth Bank Gold Awards Credit Card
Read More About The Commonwealth Bank Gold Awards Credit Card
Commonwealth Bank Platinum Awards Credit Card
Commonwealth Bank Platinum Awards Credit Card
A low interest rate offer with an international travel Insurance and extended Insurance/Purchase/Security benefits. Receive up to $200 cash back when you apply before 30 April 2014. 20.24% p.a. 5.99% p.a. for 5 months $280 p.a. ($250 for qualifying customers) 21.24% p.a. Apply Now For The Commonwealth Bank Platinum Awards Credit Card
Read More About The Commonwealth Bank Platinum Awards Credit Card

MasterCard, Visa, and American Express

If you take a Commonwealth Bank MasterCard overseas, you can withdraw cash and obtain balances from any ATM or merchant location displaying the logo that matches the one on your card

Credit cards and linked accounts

If your credit card is linked to your main savings or cheque accounts, you can access these with your Commonwealth Bank MasterCard or Visa card through any overseas ATM that displays the MasterCard, Cirrus or Maestro logos. However, this does not apply in Europe, where you can only use your credit card to access your credit card accounts. Whatever selection you make on-screen at an ATM or merchant terminal – savings, cheque, or credit account – your withdrawal will be treated as a cash advance.

General advice about credit cards overseas:

Keep a record of your card details

Make a note of your credit card numbers, including emergency contact numbers in case you quickly need to contact Commonwealth Bank should your credit card be lost or stolen. Visa, MasterCard and American Express all offer a zero-liability guarantee, but you should still inform the bank the moment a credit card overseas goes missing.

Tell Commonwealth of your travel plans

Commonwealth Bank should know that you are venturing abroad, and for how long. If not, you may find that their automated fraud-prevention systems stop your purchases because they will be deemed out of the ordinary due to their unexpected location. Make sure Commonwealth also knows when you will be back home, so that any purchases continuing abroad beyond that date are rejected – in case your details have been skimmed.

Watch out for foreign charges

Be careful of Dynamic Currency Conversion (DCC) when using your credit card overseas, which is where you are charged in Australian dollars rather than the local currency. Which currency you are charged in is 100% your choice by law. Transactions made in Australian dollars will attract a DCC fee of 4% or upwards from the foreign retailer or bank, whereas those charged in local currency are handled by Commonwealth at a lesser percentage rate.

Was this content helpful to you? No  Yes

Ask a Question

Disclaimer: At finder.com.au we provide factual information and general advice. Before you make any decision about a product read the Product Disclosure Statement and consider your own circumstances to decide whether it is appropriate for you.
Rates and fees mentioned in comments are correct at the time of publication.
By submitting this question you agree to receive follow up emails related to finder.com.au and to create a user account where further replies to your questions will be sent.

4 Responses to Using Commonwealth Bank Credit Cards Overseas

  1. Default Gravatar
    Chriss | August 26, 2013

    I’m going to Vietnam and have a Commonwealth Bank MasterCard Debit Card, can it be used over there to get cash?

    • Staff
      Jacob | August 26, 2013

      Hi Chriss.

      Thanks for your question.

      You can use your card in ATMs and at merchants where MasterCard is accepted. You can check ATM locations through the website.

      You’re going to incur a cross currency conversion fee and ATM fees when you use your card this way. You may want to consider a travel focused credit card or travel money card. You can compare these types of cards on this page.

      I hope this helps.

  2. Default Gravatar
    Prerna | May 31, 2012

    What are the terms and conditions in which we can use CBA credit card overseas?????
    Thank You

    • Staff
      Jacob | March 28, 2013

      Hi Prerna. Thanks for your question. There are a couple of things to cover here. Here’s information on foreign currency conversion fees (fee for processing a transaction in a currency other than Australian dollars) and the complimentary international travel insurance terms and conditions have been sent to your email. Sorry about the delay in my response. Jacob.

Subscribe to our newsletter and get "The Ultimate Guide to Balance Transfers"

If You Like This Post...

Get all the latest deals, guides and tips in Finder's free bi-monthly email. Don't miss out - join the thousands who get it emailed!

We Respect Your Privacy

Credit Cards Comparison

Interest rate (p.a.) Balance transfer rate (p.a.) Annual fee Cash advance rate (p.a.)
American Express Qantas Discovery Card
American Express Qantas Discovery Card
Benefit from not ever having to pay an annual fee. Plus earn 1 Qantas Point per $1 spent on all your everyday purchases. 20.74% p.a. 0.99% p.a. for 6 months with 1% balance transfer fee $0 p.a. Apply Now For The American Express Qantas Discovery Card
Read More About The American Express Qantas Discovery Card
Westpac Low Rate Card
Westpac Low Rate Card
A low interest rate credit card with a low annual fee and long term balance transfer offer. 13.49% p.a. 0% p.a. for 14 months $45 p.a. 21.49% p.a. Apply Now For The Westpac Low Rate Card
Read More About The Westpac Low Rate Card
St.George Vertigo MasterCard
St.George Vertigo MasterCard
A low balance transfer rate and ongoing purchase rate. 13.24% p.a. 0% p.a. for 14 months $55 p.a. 21.49% p.a. Apply Now For The St.George Vertigo MasterCard
Read More About The St.George Vertigo MasterCard
Bankwest Breeze MasterCard
Bankwest Breeze MasterCard
Low ongoing purchase rate from Bankwest, with an introductory rate on balance transfers. 11.99% p.a. 0% p.a. for 13 months $59 p.a. 21.99% p.a. Apply Now For The Bankwest Breeze MasterCard
Read More About The Bankwest Breeze MasterCard
Citibank Clear Platinum Card
Citibank Clear Platinum Card
Low rate credit card offer with a low balance transfer rate. Also comes with platinum privileges and benefits. 12.99% p.a. 0% p.a. for 12 months $49 p.a. annual fee for the first year ($99 p.a. thereafter) 21.74% p.a. Apply Now For The Citibank Clear Platinum Card
Read More About The Citibank Clear Platinum Card

* 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.

Ask a question