Featured Commonwealth Bank Card: Commonwealth Bank Awards Credit Card

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• Rated: 4.5 out of 5
• Intro APR: N/A*
• Regular APR: 20.49% *
• Annual Fee: $89.00*
• Review

- 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

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This Awards credit card from the Commonwealth Bank of Australia offers a rewards program, interest free period, and other complementary benefits to go with a friendly balance transfer offer. Read more...

As of today, Commonwealth bank is the second largest Australian bank. The Bank was founded in 1911 by Australian government. It had maintained an active role as Australia’s central bank until this role was transferred to the Reserve Bank of Australia in 1960. Commonwealth Bank joined the Australian Securities Exchange and become a public company in 1991. It operated as a national bank under government influence but was later privatized in 1996. Commonwealth Bank is actually a shorter version for Commonwealth Bank of Australia. The bank operates in various countries outside Australia, and New Zealand with major offices in the United States, United Kingdom, Asia, and South Pacific. Commonwealth Bank is into retail, business, and institutional banking with subsidiary firms into insurance, and investment services. It is known to have introduced Australia's first credit card in 1974.