About the Business Awards credit card


  • Reward yourself and earn points for every dollar you spend^ to redeem on a wide range of gift cards, merchandise, cash back, flights, electronics and more
  • Ideal cash flow tool for small business owners
  • Simple application process, no need to provide business financials
  • Save time by having your business expenses in one place, making your business activity statement (BAS) easy
  • Minimum credit limit of $500
  • Save time on data entry with automatic bank feeds sent to your accounting software such as Xero or MYOB
  • Mastercard is accepted at over 43 million locations worldwide*
  • 24/7 emergency assistance overseas if you lose your card with Mastercard Global Service
  • Access to a unique collection of entertainment experiences and offers exclusively for Mastercard cardholders through Priceless Sydney and Mastercard Privileges


  • Stay in control with alerts and payment reminders1
  • Unsecured credit limit of up to $50,000 (based on eligibility criteria)
  • Up to 55 days interest free on purchases, so you can keep cash in your account longer
  • Manage online with CommBiz, NetBank or the CommBank app.Get statements, set up automated payments, change daily limits and more
  • Included Transit Accident Insurance and Unauthorised Transaction Insurance~
  • Add your business name to the credit card
  • Transactions updated instantly – so you’ll always know where you stand++
  • Instantly lock international payments, block ATM cash withdrawals and limit your spending from the
    CommBank app or NetBank.^^


Awards program

  • 1 Awards point^ for every dollar you spend on your Awards Mastercard®^
  • Earn up to 60,000 points a year. Tell me more
  • Earn bonus Awards points when you make purchases with your credit card at one of our bonus partners

Rates and fees

Interest rate

20.74% p.a. on purchases
21.74% p.a. on cash advances

Interest-free period

Up to 55 interest free days on purchases.

Balance transfer rate

Pay a low 5.99% p.a. in interest for the first 5 months on the balance you bring across2 cash advance rate thereafter.

Annual fee


Additional cardholder fee

$75 per annum

Cash advances

  • ATM3: 1.50% of the transaction amount.8
  • Commonwealth Bank over the counter4: $2.50 or 1.50% of the transaction amount (whichever is greater).8
  • Non-Commonwealth Bank over the counter5: $3.00 or 1.50% of the transaction amount (whichever is greater).8
  • Any other Commonwealth Bank network6: 1.50% of the transaction amount.8
  • Overseas terminal or bank: $4.00 or 1.50% of the transaction amount (whichever is greater).8
  • Cash equivalent items or cash substitutes7: 1.50% of the transaction amount (whichever is greater).8

Other fees may apply. For full details, see the Commonwealth Bank Business Credit Cards Standard Fees  (PDF 55kb)

Amazon offer

Apply for a new Awards credit card by 14 February 2019 and spend $500 using your new card by 31 May 2019 and we’ll send you a $200 voucher°° to use on eligible items on amazon.com.au++

We’ll send you the voucher by email so make sure you give us your valid email address when you apply.

When you apply for a new Awards credit card before 14 February 2019 and use your new card online directly with Amazon (not via intermediaries such as PayPal) to purchase a 1 year annual membership to Amazon Prime Australia by 31 May 2019, we’ll refund you the cost of your membership to the value of $59. Prime delivers a huge range of shopping and entertainment benefits!

Tell me more

Related products

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Business Low Rate credit card

Business Low Rate credit card

Ideal for small-business owners looking for a competitive interest rate with no annual fee.

Learn more

Important information

°° AU$200 Amazon voucher: To be eligible to receive an AU$200 voucher redeemable on eligible items on amazon.com.au you need to apply for a new CommBank Awards, Business Awards, Platinum Awards, Business Platinum Awards or Diamond Awards credit card (“eligible card”) between 06.11.2018 and 14.02.2019. and spend AU$500 on eligible purchases using your new card by 31 May 2019 (includes BPAY transactions, payments to the ATO but excludes balance transfers, cash advances and any purchase or transaction that is subsequently reversed or refunded). The AU$200 voucher will be provided in the form of a Promotional Code sent to you by email usually within 30 days (but may take up to 60 days) of you meeting the eligibility criteria, provided you give us your current email address when you apply for your card. Vouchers/Promotional Codes will not be reissued if the email address you provided is incorrect or invalid. Use of the Promotional Code is subject to amazon.com.au terms and conditions.  

++ These terms and conditions apply to the use of the unique AU$200 Promotional Code emailed to eligible CBA customers for redemption via amazon.com.au or the Amazon app on purchases of eligible item(s) (“Promotional Code”). For the purpose of these terms and conditions, “eligible items” refers to any items sold on amazon.com.au other than membership subscriptions (e.g. Audible) and gift cards. Amazon's standard delivery rates and policies will apply to purchases made on amazon.com.au or via the Amazon app. The Promotional Code may be redeemed in any number of transactions up to the value of the Promotional Code. To redeem the Promotional Code, shop on amazon.com.au or the Amazon app, add eligible items to your cart, then enter the Promotional Code into the relevant field during the checkout process and the Promotional Code will be applied to your order. If you return any eligible item purchased using the Promotional Code, Amazon AU will only refund the price actually paid for the item (that is, less the value of the Promotional Code) and the Promotional Code will be invalidated. The Promotional Code is not transferable and may not be resold. The Promotional Code cannot be used on pre-existing orders and will not apply to orders placed with 1-Click. If you violate any of these terms and conditions, the Promotional Code will be invalid. Amazon.com.au’s Conditions of Use and Sale apply to purchases made on amazon.com.au or via the Amazon app. The Promotional Code is valid (up to the value of the Promotional Code) until 11:59PM (AEDT) on 4 December 2028.

 Amazon Prime Australia 1 year’s annual membership refund: To be eligible to receive a refund to the value of AU$59 you need to apply for an eligible card by 14 February 2019, be approved and purchase a 1 year annual membership to Amazon Prime Australia (“Amazon”) using your new eligible credit card online directly with Amazon (not via intermediaries such as PayPal) at amazon.com.au/commbank by 31 May 2019. If you take advantage of a free trial period with Amazon you will still be eligible provided your credit card is charged by them no later than 1 July 2019. Memberships paid for or processed through third party parties or intermediary payment processors (for example, PayPal) are not eligible. The refund will be credited to your card account within 60 days of an eligible purchase of Amazon membership being charged to your credit card account and will appear in your statement as ‘CASHBACK PRIME’. The refund/cashback may be reversed if your qualifying purchase is refunded by Amazon or cancelled. Your Amazon Prime Australia membership is subject to terms and conditions

Both offers exclude all other card types, upgrades and switches from other card types and existing credit cards and are not available to customers who currently hold, or have held, any of the above cards types 12 months prior to applying. Only available on one CommBank credit card per customer, can be withdrawn at any time at the discretion of the Bank, and cannot be used in conjunction with any other offer. You will be ineligible if your account is closed, transferred, upgraded or in default at any time prior to the Promotional Code being emailed to you or the refund credited to your account, as applicable. 

Applications for credit cards are subject to credit approval. Full Conditions of Use will be included in our Letter of Offer. Fees and charges are payable. Mastercard and the Mastercard brand mark are registered trademarks of Mastercard International Incorporated. Commonwealth Bank of Australia ABN 48 123 123 124 and Australian credit licence 234945.

^ Points are earned on eligible transactions and are subject to points capping. Refer to the CommBank Awards Program Terms and Conditions for more information.

^^ Lock, Block, Limit does not apply to transactions that are flagged as recurring (e.g. direct debits) and transactions not sent to us for authorisation. Except for the spending cap, transactions made via Tap & Pay set up on a compatible smartphone or via a PayTag are not blocked. Some transactions made via CommBank branches, telephone, online or mobile banking, including transfers to other accounts, bill payments, and assisted cash withdrawals are also excluded. Other conditions apply.

s Available in-store at Myer only. Ask a Myer team member in-store to find out the redeemable value of your points. A minimum redemption and a maximum of 1 million points redemption applies per day. If you wish to return an item purchased with Awards points, the Awards points cannot be returned to your account. A Myer Returns Card for the dollar value of the amount you have paid for with points will be provided to you. Myer in its sole discretion may refuse the use of Awards points. Awards points cannot be redeemed for cash or any other offer, used at Myer towards payment of Myer Store or Myer Visa card accounts, lay-by accounts; purchase of Coles Group and Myer’ Gift Cards and purchases at some food and service outlets. Other exclusions may apply from time to time and will be available at myer.com.au.

* The Nilson Report, Issue 1095 September 2016. Mastercard and the Mastercard brand mark are registered trademarks of Mastercard International Incorporated.

** Minimum redemption of 2,500 Awards points applies. All travel products and offers from Flight Centre Limited are subject to availability and can only be booked by the general public. The redemption of Awards points for travel at Flight Centre Limited is subject to terms and conditions of the CommBank Awards program available at commbank.com.au as well as booking agency online and retail booking terms and conditions. Flight Centre locations include: Flight Centre, Student Flights and Travel Associates retail travel agencies. Flight Centre Limited (ABN 25 003 377 188) trading as Flight Centre, Student Flights & Travel Associates. Lic No. QLD TAG262, NSW 2TA2719, ACT 18800224, VIC 31089, TAS TAS031, SA TTA254, WA 97A 589, NT 008.

~~ Customers must be opted in to Qantas Frequent Flyer Direct to earn Qantas Points. To opt in to Qantas Frequent Flyer Direct, call 13 1661 or visit the Awards website Redeem Travel page. There is a $30 annual fee charged for opting in. Once a customer has opted in to Qantas Frequent Flyer Direct, all CommBank Awards points earned after opting in will be automatically redeemed for Qantas Points and transferred monthly to their Qantas Frequent Flyer account at the applicable conversion rate. It is important to note that any CommBank Awards points earned prior to the date of your opt-in cannot be transferred to your Qantas Frequent Flyer account. You must be a member of the Qantas Frequent Flyer program to earn and redeem Qantas Points. A joining fee may apply. Membership and the earning and redemption of points are subject to the Qantas Frequent Flyer program terms and conditions. Further information on the Qantas Frequent Flyer program including the terms and conditions of the program are available at qantas.com/terms or by calling 13 11 31.

# Velocity Frequent Flyer (Velocity) is the loyalty program of the Virgin Australia Group. You must be a member of Velocity to redeem your CommBank Awards points for Velocity Points. Points transferred to Velocity and membership of Velocity is subject to the Velocity Membership Terms and Conditions, available at velocityrewards.com.au, as amended from time to time. A minimum of 3,600 CommBank Awards points must be redeemed for Velocity Points. Once CommBank Awards points have been redeemed for Velocity Points, they are governed by the Velocity Membership Terms and Conditions and cannot be reversed. Velocity is owned and operated by Velocity Rewards Pty Ltd as trustee of The Loyalty Trust.

++ Excludes some manual transactions and some contactless payments.

1 Subscription to this service may be limited.

2 At the end of the balance transfer period, the interest rate on any outstanding transferred balances converts to the cash advance rate current at that time. Other fees and charges may be payable.

3 Charge applies to cash advances through a terminal of any financial institution in Australia, at ASB Bank in New Zealand, Commonwealth Bank in Indonesia and Commonwealth Bank in Vietnam.

4 Charge applies to cash advances at Commonwealth Bank branches.

5 Fee applies to cash advance transactions made at other financial institutions within Australia.

6 Charge applies to cash advances by way of funds transfer through NetBank, PhoneBank Transfer, Commonwealth Bank Customer Service Centre, Australia Post, 13 2221 Transfer Cash, NetBank Transfer Home Loan, Mobile Bank Transfer and NetBank Transfer Personal Loan.

7 Charge applies to purchases of cash equivalent items or cash substitutes including gambling transactions or traveller’s cheques.

8 A maximum charge of $150.00 (or a flat fee of $2.50 applies if your closing balance on previous business day was in credit).

Note: For cash advances and balance enquiries made through a non-Commonwealth Bank ATM in Australia, the ATM owner may charge you a fee, which will be disclosed at the time of the transaction. If you proceed with the transaction, the ATM owner’s fee will be debited to your account (in addition to the cash advance amount) if applicable. You should check the ATM owner’s fees that apply carefully before completing.

Mastercard is a registered trademark and the circles design and tap & go are trademarks of Mastercard International Incorporated.

This credit card program is issued and administered by the Commonwealth Bank of Australia. 

Applications for finance are subject to the Bank’s normal credit approval. Full terms and conditions are included in our Letter of Offer. Bank fees and charges may apply. This advice has been prepared without considering your objectives, financial situation or needs. Before acting on the advice, please consider its appropriateness to your circumstances. You can also download our Financial Services Guide (FSG) (PDF 59kb). View Terms and Conditions for Electronic Banking (PDF 135kb), NetBank and CommBiz (PDF 325kb) and consider them before making any decision about these products. Please view our Credit Card Conditions of Use.

The CommBank Business Credit Cards are Personal Liability Business Credit Cards. By applying, you (the individual that is applying for a Business Credit Card) acknowledge that the Business Credit Card you are applying for provides for Personal Liability. We will look to you (and no any company, partnership or other business entity that may employ or engage you) to recover all amounts charged using the Business Credit Card, including any amounts charged by an additional cardholder. 

~ Before 1 October 2018, view our Certificate of Transit Accident Insurance (PDF) here and Certificate of Unauthorised Transactions Insurance here. After 1 October, view our Certificate of Transit Accident Insurance (PDF) here and Certificate of Unauthorised Transactions Insurance here.