CommBank, founded in 1911, is Australia’s largest bank with over 16 million customers worldwide.
What you need to know about this credit card:
- Rewards earn rate: 1 Awards point per $1 spent on eligible purchases (up to $2,000 per statement period).
- Monthly fee: $8 per month ($96 annually).
- Purchase interest rate: 20.99% p.a. with up to 44 days interest-free.
- Credit limit: Starting from just $500, making it accessible for many.
Pros:
- Flexible rewards program: Largest cardholder rewards program of any Australian bank.
- No expiry on points: Keep accumulating as long as you hold the card.
- Wide redemption options: Gift cards, travel, Myer purchases, and more.
- Complimentary purchase security & extended warranty: Peace of mind with Cover-More insurance.
- CommBank Yello Cashback Offers: Personalized cashback on popular brands.
Cons:
- Capped earn rate: After $2,000 spend per month, earn drops to 0.5 points per $1.
- No Qantas Points option: Only CommBank Awards points are available.
Why Choose CommBank for Your Credit Card?
ANZ Rewards Platinum: Earns points but has a higher annual fee and stricter eligibility.
Westpac Altitude Platinum: Offers travel perks, but points can expire—CommBank’s don’t.
NAB Rewards Classic: Good for beginners, but CommBank’s program is bigger and more flexible.
St.George Amplify Classic: Low entry card, but weaker redemption partners than CommBank.
Bankwest More Classic Card: Offers points, yet CommBank gives broader benefits with Yello Cashback and Australia’s largest rewards network.
CommBank Awards Credit Card: let’s get to know it a little better
How to Apply for Your CommBank Awards Credit Card
Ready to unlock rewards with Australia’s most popular rewards card? Click below to apply online in minutes and start enjoying cashback, flexible points, and everyday perks.