Upgrade your card
If you'd like to upgrade to a card that offers even greater features and benefits to meet your changing needs, then one of our Awards, Low Fee Gold or Low Rate Gold credit cards may be just what you need.
Upgrading to a Gold Awards, Platinum Awards or
Diamond Awards card
Upgrading to a Low Fee Gold or Low Rate Gold
card
Higher credit limit
How to upgrade
Upgrading
to a Gold Awards, Platinum Awards or Diamond Awards card
Our Awards credit cards offer you two cards, a Commonwealth Bank American Express® Card and a Commonwealth Bank MasterCard®. You earn points for every $1 you spend when you shop or pay most bills which can then be redeemed for an incredible range of shopping and travel awards.
The Commonwealth Bank American Express Card allows you to accelerate your points earning with more points per $1 spent, while the Commonwealth Bank MasterCard offers the convenience of worldwide acceptance at over 30 million locations. Both cards are conveniently linked to the one account with one credit limit, balance, statement, annual fee and interest rates.
Commonwealth Awards points earned for every $1
spent*:
|
American Express |
MasterCard® card |
|
|---|---|---|
|
1.5 |
1 |
|
|
2 |
1 |
|
|
3 |
1 |
|
|
3 |
1.25 |
*Points are earned on eligible transactions (most purchases, but not cash advances or balance transfers) and are subject to points capping - refer to the Commonwealth Awards Program Terms and Conditions for full details.
All of our Gold Awards, Platinum Awards and Diamond Awards cards offer a range exclusive shopping and travel benefits like complimentary International Travel Insurance and Extended Warranty Insurance on purchases.
Upgrading
to a Low Fee Gold or Low Rate Gold credit card
Access a new level of added extras while still saving by upgrading to our Low Fee Gold card or Low Rate Gold card.
There's no annual fee for qualifying Commonwealth Bank customers who take up a new Low Fee Gold credit card and spend $10,000 or more per year.
Our Low Rate Gold card offers everything you’ve come to expect from your standard Low Rate card, plus exclusive privileges and rewards.
Low Fee Gold and Low Rate Gold cardholders enjoy complimentary International
Travel Insurance for return trips of up to 3 months as well as a range of
shopping benefits like Purchase Security Insurance and Extended Warranty
Insurance. Cardholders also enjoy access to MasterCard
applause™ and MasterCard Moments®.
To work out which card is right for you, take a look at our credit card comparison
table.
Apply now for a Low Fee Gold or Low Rate Gold credit card.
Upgrading
to a Gold Awards, Platinum Awards or Diamond Awards card
Our Awards credit cards offer you two cards, a Commonwealth Bank American Express® Card and a Commonwealth Bank MasterCard®. You earn points for every $1 you spend when you shop or pay most bills which can then be redeemed for an incredible range of shopping and travel awards.
The Commonwealth Bank American Express Card allows you to accelerate your points earning with more points per $1 spent, while the Commonwealth Bank MasterCard offers the convenience of worldwide acceptance at over 30 million locations. Both cards are conveniently linked to the one account with one credit limit, balance, statement, annual fee and interest rates.
Platinum Awards and Diamond Awards credit limit
It’s a simple process to upgrade to a Platinum Awards or Diamond Awards card but before you begin you should ensure the minimum credit limit suits your lifestyle. A Diamond Awards credit card has a minimum credit limit of $18,000.
How to upgrade
To upgrade your credit card simply call us on 13 2221, download and complete the request form (PDF 283KB) or drop into your local branch.
If you are successful, we will send you a letter of offer and your card within 10 working days. You will be asked to activate this card at which time your old card will be closed.
Remember direct debits and regular payments will not be automatically transferred over to your new card. Our online switching service can help you switch your regular direct debit payments to your new credit card account in just a few, easy steps.
-
Important information
American Express is a registered trademark of American Express. This credit card program is issued and administrated by Commonwealth Bank of Australia.
MasterCard and the MasterCard Brand Mark are registered trademarks of MasterCard International Incorporated.
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Did you Know?
You can now transfer your balance from another financial institution or store-issued credit card in NetBank.
