Highlights
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Additional cards available (linked to primary card holder)
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Balance transfer rate applies for 5 months
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Interest free period: up to 55 days on retail purchases
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Online purchase security
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Points required to earn $100 gift voucher: 13,500
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Rewards points: up to 1 per dollar spent
Other Features
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Balance transfer rate: 5.99% p.a.
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Cash advance rate: 20.99% p.a.
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Interest rate: 19.99% p.a. on purchases
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MasterCard Applause program
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Minimum spend to earn $100 gift voucher: $27,000
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View account details online
Additional American Express Card
You will receive an additional Commonwealth Bank Awards American Express Card that will be linked to one account at no extra cost and at the same interest rate. You will earn 1.5 Awards points for every $1 spent along with a new level or privileges and rewards. Earn points to spend on shopping, entertainment, travel, merchandise or to repay your card balance.
Protection
Advanced Security and Fraud Detection
24/7 monitoring ensures that your credit card is protected against any abnormal transactions or spend patterns. If a transaction is thought to be suspicious, you will be contacted. You will not be liable for un-authorised transactions.
Secure Internet Shopping (SIS)
You are protected against the fraudulent use of your card as a result of online shopping with this credit card.
MasterCard® PayPass TM
Simply tap your Commonwealth Bank No Annual Fee Mastercard against a PayPass reader to pay for amounts under $35 in one tap. No PIN or signature required.
Enhanced Security Chip Protection
This credit card is protected by an enhanced security chip and state of the art fraud detection systems.
Transfer Your Balance with this Credit Card
- To be able to transfer your balance at the low interest rate on this credit card, you must be apply for the balance transfer at the time of the application. Transfers after the application are at the same rate as purchases.
Rewards
Earn points on this credit card to spend on shopping, entertainment, travel with the Commonwealth Awards Program.
Travel Plus
Your Commonwealth Awards points can be used for booking flights, accommodation and more.
OR Opt-in to Direct Earn Qantas Frequent Flyer Points
Convert two Commonwealth Awards points to one Qantas Frequent Flyer with the Direct Earn option - points are transferred automatically every month (see below).
Redeem Your Points for Gift Cards
You can choose to redeem your points for a wide variety of gift cards and merchandise from stores like Hoyts, Travel Lodge and Bob Jane T Marts.
Direct Earn Option into The Qantas Frequent Flyer Program
Opt- in for Direct Earn - Automatic Transfer of Points to Qantas Frequent Flyer
You can opt in with Commonwealth Platinum Awards Credit Card so that you can earn Qantas Frequent Flyer card and these points are automatically transferred to your Qantas Frequent Flyer account (you will need to establish an account with Qantas if you don't have one already).
Your Commonwealth Awards points will be transferred at a rate of 2 Commonwealth points for 1 Qantas Frequent Flyer point.
Value of Rewards Points
13,500 rewards points are required to redeem a $100 gift card or shopping voucher. You will need to spend approximately $27,000 to earn this number of rewards points.
This credit card is subject to the full terms and conditions of the issuer.