Featured Rewards Card: Commonwealth Bank Platinum Credit Card

• 
• Rated: 4.0 out of 5
• Intro APR: N/A N/A*
• Regular APR: 20.49%*
• Annual Fee: $280.00*
• Review

- Spectrum promotion will award you with an Amex card when opening a CBA Platinum MasterCard!
- Interest rate 20.49% p.a. on purchases
- Balance transfer rate 5.99% p.a. for 5 months
- Exceptional Platinum Awards -- 1 Commonwealth Awards point for every dollar you spend when you shop or pay most bills
- Up to 55 days interest-free period
- Frequent Flyer transfer points
- Annual fee $280 (or $250 for qualifying customers)

* * *

This Commonwealth Bank card gives you the peace of mind not many platinum credit cards offer. Receive exclusive CBA benefits and enjoyable discount on almost every spend. Read more...

These credit cards are designed to reward card members as they spend on favorite categories. Reward cards are often advertised to those having good credit but consumers with lower ratings may qualify for some reward cards. Card members receive cash rebates, miles, or points that accumulate till the minimum amount required to redeem is attained. Common reward options are cash which could be applied to the card balance or received in check, merchandise from reputable merchants and retailers, and gift certificates qualifying for discounts at participating stores. Travel rewards are available on many programs. A number of reward programs provide for members to switch between earning cash, miles or points at any given time ensuring members can take advantage of the various options available when redeeming rewards. Reward cards are likely to disqualify members with late payments from redeeming accumulated rebates, miles or points. Reward cards listed below are reserved for the Australian market.