Features
Low Fee Student
|
|
$0 Annual Fee for the duration of studies, for students with a transaction account with Student Options.
|
Great low fee
|
No annual fee for qualifying cardholders who spend $1,000 or more a year on purchases and cash advances.
|
Up to 55 days interest free on purchases and most bill payments.
|
|
Never be held liable for fraudulent use of your credit card provided you follow the Credit Cards Conditions of Use (PDF 248KB).
|
|
Enhanced security chip and leading fraud detection systems.
|
|
Make payments by simply tapping your MasterCard® card against a PayPass™ reader.
|
|
Advanced systems in place, monitoring your account 24/7.
|
|
Help is available to you 24/7 while you are away from home.
|
|
Transactions updated instantly
|
Your Commonwealth Bank Credit Card gives instant transactions updates, 24/7, 365 days a year*.
|
|
|
With the power of Search technology, you can keep track of your spending.
|
|
|
Make sure that you never miss a credit card payment by setting up custom alerts and payment reminders.
|
Offers optional card repayment cover against death, disablement and involuntary unemployment up to a maximum of $25,000.
|
Pay no annual fee
You’ll pay no annual card fee while you’re studying if you have a transaction account with Student Options.
Take advantage of an interest-free period
You can enjoy up to 55 days interest free on purchases and most bill payments.
Shop online safely
We guarantee that you will never be held liable for the fraudulent use of your credit card when you shop online, provided you follow the Credit Cards Conditions of Use (PDF 248KB).
When using your MasterCard®, Secure Internet Shopping offers the peace of mind you need to confidently buy online. Just look for the MasterCard® SecureCode™ logo or Verified by Visa logo when you're on a merchant’s website. When you’re ready to purchase all you have to do is enter your one-time password.
Benefit from enhanced security chip protection
With your MasterCard® card, you will have peace of mind that your card and money is protected by an enhanced security chip and state of the art fraud detection systems.
Enjoy a faster way to pay
MasterCard® PayPass™ is a faster, easier way to make purchases. Make payments by simply tapping your card against a PayPass™ reader. Once the transaction is confirmed, you're done. No need to sign or enter a PIN for amounts under $100. You just Tap and Go.
Fraud protection systems
We know how important security is to you so we have developed state of the art fraud detection systems which monitor your account 24/7. The systems detect any abnormal transactions or spending patterns on your account, and if deemed suspicious, we will contact you immediately to confirm it was yours.
Emergency Assistance Overseas
Wherever you travel worldwide, you can always count on MasterCard Global Service™ for any card-related need. Call us 24 hours a day, 365 days a year and we'll connect you with a representative who speaks your language, and can help with lost or stolen cards, emergency replacement cards and more.
Transactions updated instantly
Your Commonwealth Bank Credit Card gives instant transaction updates, 24/7, 365 days a year*. There’s no more waiting overnight or until Tuesday to see your weekend transactions. With instant updates, you’ll always know where you stand.
Transaction Location Mapping
Ever seen a transaction from a store you don’t remember shopping at? With the power of Search technology, you can keep track of your spending like never before. From your online credit card statement, you can easily monitor the shops and locations where you have used your card.
Alerts
Make sure that you never miss a credit card payment by setting up custom alerts and payment reminders. You will then receive an SMS or email five days before your credit card payment is due, making it simple to manage your repayments^
Insure your card with CreditCard Plus
CreditCard Plus is an affordable insurance option that’s designed to help you meet your minimum monthly credit card repayments if you suffer total temporary disablement due to an injury or illness or if you are involuntarily unemployed. In some cases, it can cover you for the balance owing on your card. Conditions and fees apply*.
- Important information
The advice on this website has been prepared without considering your objectives, financial situation or needs. Because of that, you should, before acting on the advice, consider its appropriateness to your circumstances. Please view our Financial Services Guide (PDF 68KB). Please view our Credit Card Conditions of Use (PDF 248KB). CreditCard Plus is issued by The Colonial Mutual Life Assurance Society Limited ABN 12 004 021 809 AFSL 235035. A PDS for CreditCard Plus is available by clicking here and should be considered before making any decision about CreditCard Plus. The offer made in the PDS is currently available only to permanent residents of Australia and persons receiving the document within Australia. Applications from outside Australia will not be accepted.
MasterCard and the MasterCard Brand Mark and PayPass and SecureCode are registered trademarks of MasterCard International Incorporated.
* Excludes manual transactions and some contactless payments
^ Subscription to this service may be limited.
Need assistance?
Have you considered?
How to apply
Calculators & Tools
Rates & fees
Did you Know?
You can now transfer your balance from another financial institution or store-issued credit card in NetBank.
blog.commbank