Travelling overseas with your Commonwealth Bank credit card

Information verified correct on August 25th, 2016
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Access cash conveniently and securely when overseas with Commonwealth Bank.

Are you going on an overseas holiday? Once you’ve ticked your flights and accommodation off the list, it’s time to start considering your travel money options. Commonwealth Bank offers a number of options, whether you’re looking for a credit card or prepaid travel card, that will give you convenient and secure access to your cash overseas. Use our guide below to compare your options and organise your travel money today.

Compare Commonwealth Bank credit cards

Rates last updated August 25th, 2016
Points per $ spent Complimentary Travel Insurance Cover Annual fee Interest Free Period Minimum Income
Commonwealth Bank Business Awards credit card
Receive an annual fee waiver in the first year and enjoy up to 1.5 Awards points for every dollar spent, plus 55 days interest-free on purchases.
VISA/MC: 1 AMEX: 1.5 $0 p.a. annual fee for the first year ($100 p.a. thereafter) Up to 55 days on purchases More info
Commonwealth Bank Business Interest Free Days credit card
Take advantage of $0 annual fee for the first year if you apply online by 15 September 2016. Get up to 55 interest-free days on purchases and included transit accident insurance.
VISA/MC: 0 AMEX: 0 $0 p.a. annual fee for the first year ($60 p.a. thereafter) Up to 55 days on purchases More info
Commonwealth Bank Business Gold Awards credit card
A business credit card with $0 annual fee for the first year, a range of complimentary insurances and up to 2 Awards points per $1 spent on purchases.
VISA/MC: 1 AMEX: 2 3 months $0 p.a. annual fee for the first year ($150 p.a. thereafter) Up to 55 days on purchases More info
Commonwealth Bank Business Platinum Awards credit card
Earn up to 3 Awards points per dollar spent, enjoy complimentary insurances and $0 annual fee for the first year.
VISA/MC: 1 AMEX: 3 6 months $0 p.a. annual fee for the first year ($300 p.a. thereafter) Up to 55 days on purchases More info
Commonwealth Bank Business Low Rate Credit Card
A business credit card featuring a low interest rate with $0 annual fee and higher credit limits. Subject to eligibility.
$0 p.a. More info
Commonwealth Bank Corporate Low Rate Credit Card
Receive a competitive low interest rate, manage business expenses and minimise costs with customised card controls.
$40 p.a. Up to 55 days on purchases More info
Commonwealth Bank Corporate Charge Card
Corporate card designed for larger organisations. Take control of business, travel and procurement expenses with electronic reporting and management.
0 months 40 p.a. Up to 31 days on purchases More info
Rates last updated August 25th, 2016
Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee
Commonwealth Bank Low Rate Credit Card
This card offers a low ongoing rate of 13.49% p.a. on purchases. Enjoy an annual fee waiver in the first year if you apply online by 15 September 2016.
13.49% p.a. 5.99% p.a. for 5 months $0 p.a. annual fee for the first year ($59 p.a. thereafter) More info
Commonwealth Bank Low Fee Credit Card
If you apply online by 15 September 2016, you can enjoy a low annual fee credit card with $0 annual fee for the first year and every year after if you spend at least $1,000 in the previous year. Also enjoy 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) More info
Commonwealth Bank Low Fee Gold Credit Card
Enjoy Gold card privileges such as included travel insurance and up to 55 interest-free days on purchases. Receive $0 annual fee for the first year and every year after if you spend $10,000 in the previous 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) More info
Commonwealth Bank Awards Credit Card
A dual credit card with up to 1.5 Awards points per dollar spent. Enjoy a $0 annual fee for the first year if you apply online by 15 September 2016.
20.24% p.a. 5.99% p.a. for 5 months $0 p.a. annual fee for the first year ($59 p.a. thereafter) More info
Commonwealth Bank Gold Awards Credit Card
Earn up to 2 Awards points for every $1 spent and enjoy included travel insurance. Receive $0 annual fee for the first year if you apply online by 15 September 2016.
20.24% p.a. 5.99% p.a. for 5 months $0 p.a. annual fee for the first year ($119 p.a. thereafter) More info
Commonwealth Bank Low Rate Gold credit card
A low rate card with $0 annual fee for the first year if you apply online by 15 September 2016. Also enjoy up to 55 days interest-free on purchases.
13.49% p.a. 5.99% p.a. for 5 months $0 p.a. annual fee for the first year ($89 p.a. thereafter) More info
Commonwealth Bank Platinum Awards Credit Card
Receive Platinum benefits including up to 2.5 Awards points per dollar spent, included travel insurance and 24/7 concierge. Enjoy an annual fee waiver in the first year if you apply online by 15 September 2016.
20.24% p.a. 5.99% p.a. for 5 months $0 p.a. annual fee for the first year ($249 p.a. thereafter) More info
Commonwealth Bank Diamond Awards credit card
Earn up to 3 Awards points per $1 spent with a limit of 1 million points per year. Also receive a first year annual fee waiver if you apply online by 15 September 2016.
20.24% p.a. 5.99% p.a. for 5 months $0 p.a. annual fee for the first year ($349 p.a. thereafter) More info
Commonwealth Bank Student Credit Card
Manage your spending with $0 annual fee for the first year and up to 55 days interest free 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) More info

Which card should you take when travelling overseas?

The right card to use on your next overseas trip will depend on your financial situation, travel plans and spending habits. Some of the factors you can consider when comparing cards to use on your international holiday include:

  • Acceptance. All Commonwealth Bank credit cards are MasterCard, Visa or American Express products. This means that you can use the cards in the millions of locations where either MasterCard, Visa AMEX are accepted. Due to economic sanctions, you’ll find that you can’t use a MasterCard in Crimea, Cuba, Iran, North Korea, Sudan and Syria.
  • Complimentary travel insurance. A Commonwealth Bank credit card with complimentary travel insurance is one of many ways you can cut your travel costs with a credit card. While you’re not required to meet a spend requirement to access Commonwealth Bank’s complimentary travel insurance, you will need to activate the insurance via NetBank. To ensure you meet the eligibility requirements and understand what is covered by the policy, see our Commonwealth Bank complimentary travel insurance guide.
  • Foreign transaction fees. If you’re using your credit card overseas, currency conversion or foreign transaction fees are some costs you’ll need to be aware of.
Converted byInternational transaction fee
MasterCard or Visa3.00%
American Express2.00%
Transactions overseas in Australian dollars3.00%

As well as foreign currency conversion fees, watch out for Dynamic Currency Conversion (DCC) fees when travelling overseas. The DCC refers to when the retailer asks if you’d like to pay in your local currency, rather than the currency of where you’re making the transaction. These transactions will attract a DCC fee of 4% or upwards from the foreign retailer or bank you’re shopping with.

  • Travel card. If you want to avoid currency conversion fees, the Commonwealth Bank Travel Money Card is another option. Rather than accessing a line of credit, the Travel Money Card is a prepaid card that allows you to load funds in Australian dollars and spend in 12 international currencies without incurring currency conversion fees. With no cost to load funds on the card, transfer between currencies or check your balance, this card could be a low cost option to access your own funds overseas. The card does have different ATM withdrawal fees depending on the currency you’re withdrawing in, though, so it’s important to compare these before applying.

Find out more about Commonwealth Bank complimentary travel insurance for credit card holders

What you need to do before going overseas

Before you leave for your holiday, make sure you’ve covered all of these bases:

  • Activate your PIN. Many places abroad use PIN verification rather than signature, so you should make sure you have a PIN on your card or you may not be able to use it at certain merchants abroad.
  • Tell Commonwealth you are travelling overseas. Before your travel overseas, Commonwealth Bank should know your travel plans and how long you should be venturing abroad.
  • Note 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 goes missing.
  • Activate your travel insurance. If your Commonwealth Bank credit card comes with complimentary insurance, make sure to activate your insurance through NetBank before you leave.
  • Load funds on your card. If you’re using the prepaid Travel Money Card, it might be an idea to load the funds on your card before you leave for your holiday. If you use NetBank, funds should appear on your Travel Card immediately. Whereas if you use BPAY, it can take up to two business days for the card to appear in your account. Make sure to keep these in mind to avoid finding yourself stranded without cash because you’ve left loading funds on your card to the last minute.

Commonwealth Bank offers customers a number of ways to access their cash overseas. As its not the only bank to offer overseas options, make sure to compare other credit cards you can use overseas before you apply and leave for your trip.

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16 Responses to Travelling overseas with your Commonwealth Bank credit card

  1. Default Gravatar
    GaryAz | November 9, 2015

    I use PureVPN apps for online banking purposes while I am traveling outside the country. Do you recommend anymore security steps the travelers should follow?

    • Staff
      Jonathan | November 10, 2015

      Hi Gary, thanks for your inquiry!

      For specific security steps with using applications overseas it would be best to contact Commonwealth Bank directly on 13 2221.

      Cheers,

      Jonathan

  2. Default Gravatar
    Khatchig | May 22, 2015

    My wife’s brother came from Australia to USA with a Commonwealth credit card and we went to rent a car. The card was rejected because his name was not imprinted on the card. He is with his family to stay in US for a month and is relying on his credit card. To my understanding the card has to include his name and imprinted with protruded letters so the machine can read it.
    Please help, what shall we do to help him.
    They will call the bank in Australia. Please advise how to solve the issue. He is staying for a month.
    Your kind care is highly appreciated.

    • Staff
      Jonathan | May 25, 2015

      Hi Khatchig, thanks for your inquiry!

      The primary cardholder will need to contact the bank to resolve this issue. The possibility of accessing the credit facility provided by the Commonwealth Bank will depend on whether the primary cardholder is in the USA with the other family members. It would be best for the primary cardholder to contact the bank directly to resolve this issue.

      Cheers,

      Jonathan

  3. Default Gravatar
    Paul | March 25, 2015

    I am in Germany and Spain for the next few months. As your page says, I cannot access my Australian account with my Visa card. Is it possible to get a card with which I can do this?

    • Staff
      Jonathan | March 26, 2015

      Hi Paul, thanks for your inquiry!

      Visa credit cards are actually accepted at any ATM or merchant displaying the Visa or Plus logo, providing access to your Australian account overseas.

      Cheers,

      Jonathan

  4. Default Gravatar
    aaron | March 17, 2015

    i am going to america and which ATM would work for my debit mastercard

    • Staff
      Jonathan | March 17, 2015

      Hi Aaron,

      Any ATM which displays the Mastercard logo is compatible. You can search for specific ATM’s in any country on the Mastercard website search tool.

      Cheers,

      Jonathan

  5. Default Gravatar
    christine | November 9, 2014

    Hi in India and having difficulty accessing money from our master card please help

    • Staff
      Elizabeth | November 10, 2014

      Hi Christine and Brian,

      Thanks for your question.

      You can call Commonwealth Bank directly for account-related issues on 000-800-610-3122. You can also get in contact with MasterCard emergency services for card-related issues on 000-800-100-1087.

      I hope this has helped.

      Thanks,

      Elizabeth

  6. Default Gravatar
    Meg | September 15, 2014

    I have a CommonwealthTravel Card and we are trying to log on to the site to check the details but have forgotten the password. The trouble is that the site says it has sent the new password to an email account that is asterisked out apart from the hotmail.com bit and no emails have arrived in the inbox of my hotmail account.

    Is there anything I can do to find out where these emails are going? very frustrating!!

    • Staff
      Shirley | September 16, 2014

      Hi Meg,

      Thanks for your question.

      Please get in touch with Commonwealth Bank Travel Money to see where the emails are going. I’ve emailed you their contact details.

      Cheers,
      Shirley

  7. Default Gravatar
    Garry | July 25, 2013

    Hello. I am in Europe. I have forgotten my pin for my credit card as we never use it in Australia. I need to have my pin number sent to my email address. Regards. Garry.

  8. Default Gravatar
    Aaron | February 15, 2013

    Hi, my name is Aaron, I am a 27 year old male from Australia. I came to Rio De Janeiro in Brazil a week ago. I have both a Commonwealth debit MasterCard and a Commonwealth credit card. I have been trying to book flights within South America over the last few days, and I am having a lot of trouble. When I book the flight online, I am told that the payment is being processed, but shortly after I am told that the transaction has been cancelled. I have tried the process multiple times with both cards, and I am assuming that is why the transaction cannot be completed. Please contact me as soon as possible so I can fix this problem…

    • Staff
      Jacob | February 15, 2013

      Hi Aron. There are a couple of things you need to consider. First – have you contacted CBA and told them about your travel plans? They may have put a block on your cards when they picked up on overseas use. If that’s not the case, try another booking website. If that doesn’t work, you will have to contact Commonwealth directly. Thanks.

Credit Cards Comparison

Rates last updated August 25th, 2016
Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
Enjoy a 0% p.a. balance transfer offer for 18 months and also earn 2 bonus Velocity Points in the first 3 months on everyday spend.
20.74% p.a. 0% p.a. for 18 months $64 p.a. annual fee for the first year ($129 p.a. thereafter) Go to site More info
ME Bank frank Credit Card
Enjoy a low and consistent interest rate on purchases and cash advances, combined with no annual fee.
9.99% p.a. $0 p.a. Go to site More info
Citi Qantas Signature Credit Card
Earn up to 70,000 bonus Qantas Points on eligible spend, plus enjoy a 0% p.a. for 6 months offer on balance transfers.
20.99% p.a. 0% p.a. for 6 months $99 p.a. annual fee for the first year ($395 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. Also enjoy a 0% p.a. balance transfer rate for 12 months.
14.99% p.a. 0% p.a. for 12 months with 1% balance transfer fee $0 p.a. 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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