Preferential pricing

We value our customers and we're determined to reward them for their loyalty by delivering competitive offerings.

As part of this commitment, if you hold a qualifying Commonwealth Bank account or loan when you apply for a credit card, we’ll either waive or discount your annual fee, depending on the credit card you choose.

Find out if you hold a qualifying Commonwealth Bank account or loan.

Awards

If you hold a qualifying Commonwealth Bank account or loan when you apply for an Awards, Gold Awards, Platinum or Diamond Awards account, we’ll discount your annual fee each year by $30.

Low Fee

If you hold a qualifying Commonwealth Bank account or loan when you apply for a Low Fee or Low Fee Gold credit card, we’ll waive your annual fee for the first year. We’ll continue to waive your annual fee each subsequent year as long as you spend (on purchases and cash advances only) at least $1,000 in previous year on your Low Fee credit card or at least $10,000 in previous year on your Low Fee Gold credit card.

Low Rate

If you hold a qualifying Commonwealth Bank account or loan when you apply for a Low Rate or Low Rate Gold credit card, we’ll discount your annual fee each year by $30.

A range of products qualify for preferential pricing, and it’s easy to find out if you hold a qualifying Commonwealth Bank account or loan.

Preferential pricing comparison

Awards Gold Awards Platinum Awards Diamond Awards Low Fee Low Fee Gold Low Rate Low Rate Gold

Annual Fee $89 $144 $280 $425 $24 $90 $78 $120 Annual Fee (with a qualifying Commonwealth Bank account or loan) $59 $114 $250 $395 $0* $0** $48 $90 * When you spend $1,000 or more per year on purchases and cash advances. ** When you spend $10,000 or more per year on purchases and cash advances.