Credit Card Review & Application
Commonwealth Bank Awards Credit Card
- Get an AMEX card in addition to the standard Master Card
- 1 Commonwealth Awards point for every $1 you spend and 1.5 points for every $1 spend with AMEX card
- Up to 55 days grace period
- Annual fee $89 (or $59 for qualifying customers)
- Emergency Travel Assistance
- globaleshop by American Express
Related Cards
| Intro APR: | N/A* |
| Intro Period: | N/A |
| APR: | 20.49% * |
| Annual Fee: | $89.00* |
| Issuer: | Commonwealth Bank |
| Card Network: | American Express® MasterCard® |
| Card Category: | Consumer (Regular) |
| Card Type: | - Reward Card |
| Credit Needed: | Good* |
The Commonwealth Bank (CBA) Awards Card is a rewards card offering a great deal of flexibility in areas through which cardholders may apply points earn. The card provides a great opportunity to Australian residents who desire the service of a basic card charging minimal rates.
Existing Commonwealth Bank of Australia customers who apply for this card are included in the special offer with 5.99% on balance transfer throughout a long term period. Non-customers enjoy up to 55 days interest free on purchases and bill payments.
The card awards a Commonwealth Awards point per dollar spent on shopping and bill payment. Points earned are redeemed for various purchases including for merchandise and gift cards, travel, hotel, shopping and donations to a preferred charity. Points may also be used as cash back to repay the card balance, or down payment when ordering an additional card. Points are compatible with frequently flyer programs allowing frequent travellers transfer points to programs such as the Qantas Frequent Flyer, Velocity Rewards (by Virgin Blue) and Air New Zealand Airpoints. Cardholders who want to issue additional cards to family and friends can get an additional card for $15 or 2,400 award points.
TravelPlus is an exclusive booking service for cardholders with little time to book flight and accommodation arrangements. Commonwealth Awards points could be used to book a long awaited holiday.
Benefits from CBA MasterCard include: Secure online shopping, MasterCard PayPass a service providing faster check-outs at the counter by simply tapping the card against a PayPass reader, rather than swipe it. MasterCard Applause is an exclusive online booking service where you get tickets to attend theatre, musical and sporting events.
The CBA Awards Card charges a $89 annual fee. Applicants who apply for other CBA products such as the home loan or Viridian line of credit will have the first year annual fee waived. Cardholders may transfer balance from other Australian credit cards and participate in the long-term intro period for balance transfers.
| Reward Types: | - Travel Rewards Cards - Universal Rewards Cards |
| Reward Unit: | Point |
| Rewards: | - 1 Commonwealth Awards point for every dollar you spend when you shop or pay most bills - Travel easy with Travel Plus, our exclusive booking service * Use your rewards for travel, hotels, shopping and even donations to charities with our Bonus Partners |
| Other Benefits: | - American Express Selects - Internet fraud loss protection - Secure Internet Shopping - Enhanced chip protection with your MasterCard card - Emergency card replacement and cash advances - Access to MasterCard applause - MasterCard Global Service |
| Comments: | To qualify for this card you must: - Be 18 years old or over - Meet credit rating requirements - Australian citizenship or permanent residency |
| Online Account Access: | Yes |
| Introductory APR: | N/A* |
| Applied Towards: | Balance Transfer |
| Introductory Period: | N/A* |
| APR on Purchases: | 20.49% * |
| Annual Fee: | $89.00* |
| Grace Period: | Up to 55 days* |
| Max Credit Line: | $500 |
| Late Payment Fee: | $25.00* |
| Balance Transfer: | Yes |
| APR Cash Advances: | 21.49% |
| Cash Advance Fee: | 1.50% |
| Minimum Fee: | $25.00 |
| Additional Fees | Additional cards: $15.00 |
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† Details of the Commonwealth Bank Awards Credit Card are subject to change without prior notice. We do not guarantee the accuracy of information provided after the last update (Dec 10, 2010) hence, we strongly advise visitors to check terms and conditions prior to completing the application process.
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