Things you should know

The outcome of the Credit Card Selector Tool is intended as a guide only. The products suggested for your consideration do not take into account your personal circumstances, financial situation or needs. You should consider the information provided about each card type to determine if it meets your needs before you apply. The display of products outside of the ‘Suggested’ and ‘Also consider’ options is not an indication of product ranking or suitability based on your responses.

^X Offer available on new Platinum Awards and Business Platinum Awards credit cards applied for between 01/10/2021 and 28/02/2022. Offer not available on all other card types, existing cards, and switches from other card types and is not available to customers who currently hold, or have held, any Awards card types in the 12 months prior. You will be ineligible for the bonus Qantas Points or CommBank Awards points if your credit card account is closed, transferred, or in default at any time prior to the points being credited to your account.

To be eligible for the 70,000 CommBank Awards points on a new Platinum Awards or Business Platinum Awards card, you need to spend at least $4,000 on eligible purchases (excludes balance transfers, cash advances and any purchase that is reversed or refunded) using your new card within the first 90 days of activation.

To be eligible for the 50,000 bonus Qantas Points on a new Platinum Awards or Business Platinum Awards card, you must opt-in to Qantas Points in your CommBank credit card application or via the CommBank Awards website prior to meeting the spend criteria. You need to spend at least $4,000 on eligible purchases (excludes balance transfers, cash advances and any purchase that is reversed or refunded) using your new card within the first 90 days of activation.

Bonus points will appear on your credit card statement as ‘Bonus Awards’ within 90 days of you meeting the eligibility criteria.

If you opt-in to Qantas Points after applying but before you meet the offer eligibility criteria, you will receive 50,000 bonus Qantas Points. Qantas Points will be transferred to your Qantas Frequent Flyer account. If you don’t opt-in to Qantas Points, or you opt-out of Qantas Points prior to meeting the spend eligibility criteria, you will receive 70,000 Bonus CommBank Awards points.

The earning and redemption of CommBank Award points are subject to the CommBank Awards Program Terms and Conditions, available here. Once CommBank Awards points are transferred to Qantas Points, they are governed by the terms and conditions of the Qantas Frequent Flyer program and cannot be converted back to CommBank Awards points or redeemed under the CommBank Awards Program.

Offer only available on one credit card per customer. We reserve the right to close the offer prior to 28/02/2022.

^~ Offer available on new Low Rate credit cards applied for between 01/10/2021 and 28/02/2022. Offer not available on all other card types, including Low Rate Gold, CommBank Essentials and CommBank Neo credit card, existing cards, and switches from other card types, and will be forfeited if you switch to a different credit card type during the 16 month period. The 0% p.a. interest rate on purchases (but not balance transfers and cash advances) is valid for 16 months from the date of card approval. At the end of the 16 month period, the interest rate will convert to the standard variable purchase interest rate at that time. We reserve the right to close the offer prior to 28/02/2022.

* For cash advances, the cash advance fee will apply.

⁺ Source: Roy Morgan Research, customers 18+ with a rewards/loyalty card in the 12 months to February 2017.

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

Applications are subject to credit approval. Full terms and conditions are in our Letter of Offer. Fees and charges apply. Mastercard and the Mastercard brand mark are registered trademarks of Mastercard International Incorporated. Commonwealth Bank of Australia ABN 48 123 123 124 Australian credit licence 234945.

¹To activate your international travel insurance cover, register your travel on NetBank or call our travel insurance provider. If you activate an international travel insurance policy included with an eligible credit card or where a claim event on other insurances occurs prior to 1 October 2018, the insurance is issued and managed by AWP Australia Pty Limited ABN 52 097 227 177 AFSL No. 245631 (trading as Allianz Global Assistance) on behalf of the insurer Allianz Australia Insurance Limited ABN 15 000 122 850 AFSL No. 234708 for Commonwealth Bank of Australia.

If you activate an international travel insurance policy included with an eligible credit card or where a claim event on other insurances occurs on or after 1 October 2018, the insurance is provided by Zurich Australian Insurance Limited, ABN 13 000 296 640, AFS Licence Number 232507 through its agent Cover-More Insurance Services Pty Ltd ABN 95 003 114 145, AFSL 241713 (Cover-More) for Commonwealth Bank of Australia.

You need to activate your international travel insurance before each trip in order to have comprehensive level of cover. If you don't activate, you'll receive personal liability cover and overseas emergency medical assistance and overseas emergency medical and hospital expenses cover only.

Restrictions, exclusions (including for pre-existing medical conditions and persons aged 80 years or over), limits and excesses may apply to all insurances. Please refer to the relevant Credit Card Insurances Product Disclosure Statement and Information Booklet available from commbank.com.au/creditcardinsurance or any branch for full details.

²Lock, 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.

³The monthly fee is charged at $12 for a $1,000 limit, $18 for a $2,000 limit or $22 for a $3,000 limit. If you don't have any processed transactions in a given statement period and pay your previous statement closing balance in full by the due date, you won't be charged a monthly fee for that statement period.

⁴Eligible CBA credit or debit Mastercard customers, that are at least 18 years old, are not in hardship, and are not in default with any CommBank accounts can access CommBank Rewards through the latest version of the  CommBank app. Terms and conditions including minimum spend requirements apply to CommBank Rewards and can be viewed within the CommBank app.

⁵We’re unable to block cash advance transactions that aren’t sent to us for authorisation. These will not incur any additional fees or interest charges.

The advice on this website has been prepared without considering your objectives, financial situation or needs. You should, before acting on the advice, consider its appropriateness to your circumstances.

Applications for credit cards are subject to credit approval. Full terms and conditions will be included in our Letter of Offer. Bank fees and charges apply.

Interest rate and fees subject to change.

Mastercard and Priceless are registered trademarks, and the circles design is a trademark of Mastercard International Incorporated.