Current offers

Enjoy the little things, like 0% p.a. on purchases for 15 months

On all new Low Fee and selected new Low Rate credit cards. Apply by 25 February 2021.~

awards credit card bonus points offer

Bonus Awards Points offer

100,000 Bonus Awards Points when you apply for a new CommBank Ultimate Awards credit card by 29 April 2021 and spend $5,000 on eligible purchases using your new card within 90 days from activation.^

Interest-free card

Say goodbye to interest with CommBank Neo.

CommBank Neo interest-free card

CommBank Neo card

COMING SOON

  • No interest, no late fees
  • Flat monthly fee of $12, $18 or $22 based on your credit limit. And, if you don’t use your card and have $0 balance, you don’t need to pay the monthly fee.
  • A choice of three credit limits ($1,000, $2000 or $3,000)
  • No foreign exchange fees, no additional cardholder fees
  • Exclusive benefits through CommBank Rewards#

Low rate credit cards

With a low interest rate on purchases, our Low Rate credit card makes it easier to pay off your balance over time.

  • 13.24% p.a purchase interest rate
  • $59 annual fee
  • Minimum credit limit of $500

Tell me more

Offer

Enjoy 0% p.a. on purchases for 15 months

Apply by 25 February 2021.~

Apply now

Tell me more

Offer

Enjoy 0% p.a. on purchases for 15 months

Apply by 25 February 2021.~

Apply now

  • 9.90% p.a. purchase interest rate
  • $2 monthly fee when you choose online statements and set up automatic repayments from a CommBank transaction account using AutoPay. Otherwise monthly fee is $52
  • Credit limit from $400 to a maximum of $3000 

Tell me more

Apply now

Low fee credit cards

Enjoy no annual fee for the first year and each year after when you meet certain spend requirements.1

  • $0 annual fee in the first year and subsequent years when you spend $1,0001
  • 19.74% p.a. purchase interest rate
  • Minimum credit limit of $500

Tell me more

OFFER

Enjoy 0% p.a. on purchases for 15 months

Apply by 25 February 2021.~

Apply now

  • $0 annual fee in the first year and subsequent years when you spend $10,0001
  • 19.74% p.a. purchase interest rate
  • Minimum credit limit of $4,000
  • Pay no international transaction fees for purchases you make overseas or online
  • Handy extras like international travel insurance4

Tell me more

OFFER

Enjoy 0% p.a. on purchases for 15 months

Apply by 25 February 2021.~

Apply now

Awards credit cards

Earn points3 quickly when you use your CommBank Awards credit card for daily spending.

  • Earn 1 Awards point for every dollar spent using your Mastercard®, up to 50,000 points a year3
  • $59 annual fee
  • 20.24% p.a. purchase interest rate
  • Minimum credit limit of $500

Tell me more

Apply now

  • Earn 1 Awards point for every $1 spent using your Mastercard®, up to 150,000 points a year3
  • $249 annual fee
  • 20.24% p.a. purchase interest rate
  • Minimum credit limit of $6,000
  • Handy extras like international travel insurance4

Tell me more

Offer

80,000 Bonus Awards Points when you apply for a new CommBank Platinum Awards credit card by 29 April 2021 and spend $4,000 on eligible purchases using your new card within 90 days from activation.^

Apply now

  • Earn 1.25 Awards points for every dollar spent using your Mastercard®, up to 1 million points per year3
  • $349 annual fee
  • 20.24% p.a. purchase interest rate
  • Minimum credit limit of $15,000
  • Handy extras like international travel insurance4
  • Enjoy cashback offers at participating merchants when you travel overseas with Mastercard Travel Rewards5

Tell me more

offer

100,000 Bonus Awards Points when you apply for a new CommBank Diamond Awards credit card by 29 April 2021 and spend $5,000 on eligible purchases using your new card within 90 days from activation.^

Apply now

Ultimate Awards credit card

New

  • Earn up to 3 Awards points for every dollar spent using your Mastercard® up to $10,000 in a statement period6
  • No monthly fee if you spend $2,500 in your statement period and choose to receive online statements7
  • No international transaction fees8
  • Earn unlimited Awards points each year
  • Handy extras like international travel insurance4
  • 20.24% p.a. purchase interest rate
  • Minimum credit limit of $6,000
  • Enjoy paid access to over 1,000 lounges worldwide with Mastercard® Airport Experiences provided by LoungeKey, paid for using your Ultimate Awards credit card.9
  • Enjoy cashback offers at participating overseas merchants with Mastercard Travel Rewards5
  • No additional cardholder fee

Tell me more

Offer

100,000 Bonus Awards Points when you apply for a new CommBank Ultimate Awards credit card by 29 April 2021 and spend $5,000 on eligible purchases using your new card within 90 days from activation.^

Apply now

Looking for a business credit card?

Things you should know

Offer available on new Low Fee, Low Fee Gold, Low Rate, Low Rate Gold and Low Rate Business (personal liability) credit cards applied for between 29/10/2020 and 25/02/2021. Offer not available on the CommBank Essentials credit card, all other card types, existing cards, and switches from other card types, and will be forfeited if you switch to a different credit card type during the 15 month period. The 0% p.a. interest rate on purchases (but not balance transfers and cash advances) is valid for 15 months from the date of card approval. At the end of the 15 month period, the interest rate will convert to the standard variable purchase interest rate for your card type at that time. We reserve the right to close the offer prior to 25/02/2021.

^ This offer has been extended. Offer available on new Platinum Awards credit cards (including Business Platinum), Diamond Awards credit cards and Ultimate Awards credit cards applied for between 15/07/2020 and 29/04/2021 (previous end date 28/10/2020). 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 points if your account is closed, transferred, or in default at any time prior to the points being credited to your account. The earning and redemption of CommBank Award points are subject to the Commonwealth (CommBank) Awards Program Terms and Conditions, available here. To be eligible for the 80,000 Bonus 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 100,000 Bonus CommBank Awards points on a new Diamond Awards or Ultimate Awards card, you need to spend at least $5,000 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 statement as ‘Bonus Awards’ within 90 days of you meeting the eligibility criteria. Offer only available on one credit card per customer. We reserve the right to close the offer prior to 29/04/2021.

# CommBank Rewards: Eligible CBA credit or debit Mastercard® customers, that are at least 21 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.

Applications are subject to credit approval. Full Conditions of Use will be included in our Letter of Offer. Fees and charges are payable.

1 The annual fee is waived in the first year and every subsequent year if you spend at least $1,000 (Low Fee) or $10,000 (Low Fee Gold) in the previous year. Spend includes all purchases and cash advances fully processed in that year (excludes pending transaction) minus any refunds.

2 The annual fee is charged at $5 per month or $2 per month if you:

  • Set up automated monthly repayments through our credit card AutoPay from a CommBank transaction account and
  • Opt in to receive online statements on your CommBank Essentials account through NetBank (and to enable this, you maintain your NetBank facility and provide us with a valid email address)

3 How you earn or redeem CommBank Awards points will be subject to the Commonwealth (CommBank) Awards Program Terms & Conditions. You only earn points on eligible transactions (this excludes, for example, BPAY transactions, cash advances, balance transfers and payments to the Australian Taxation Office unless made using a Business Awards card). The number of points you can earn may be capped. Awards and the number of points required for Awards are subject to change at any time without notice.

a) How Awards points and Qantas Points work:

If you are opted in to Qantas Frequent Flyer Direct, you can earn CommBank Awards points which are then automatically transferred to Qantas Points as follows. Awards credit card holders can earn up to 50,000 Awards points per year, which is equal to 20,000 Qantas Points. Gold Awards credit card holders can earn up to 75,000 Awards points per year, which is equal to 30,000 Qantas Points. Platinum Awards credit card holders can earn up to 150,000 Awards points per year, which is equal to 60,000 Qantas Points. Diamond Awards credit card holders can earn up to 1,000,000 Awards points per year, which is equal to 400,000 Qantas Points. Ultimate Awards cardholders can earn unlimited Awards points per year, which are then transferred to Qantas Points. 

b) How Awards points are transferred to Qantas Points:

 Visit the Awards website Redeem Travel page or call 13 1661 to opt in to Qantas Frequent Flyer Direct for an annual fee of $30. Once you have opted into Qantas Frequent Flyer Direct, any CommBank Awards points will be transferred to Qantas Points and added to your Qantas Frequent Flyer account at the applicable conversion rate. You need to be a member of the Qantas Frequent Flyer program to earn and redeem Qantas Points. You may need to pay a joining fee. Membership and the earning and redemption of points are subject to the Qantas Frequent Flyer program terms and conditions. Call 13 11 31 with any further questions.

4 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.

Cover is available for you, your spouse and your eligible dependent/accompanied children for return trips from Australia, up to a set period. You need to activate your international travel insurance included with eligible credit cards 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. More information and the relevant Credit Card Insurances Product Disclosure Statement and Information Booklet can be found here.

5 Mastercard Travel Rewards are only available through participating merchants outside Australia. To receive the advertised cashback, pay with your Diamond Awards or Ultimate Awards Mastercard at a participating overseas merchant and meet the offer’s terms and conditions. You must pay in the overseas currency of the offer – transactions made in Australian dollars are not eligible. An international transaction fee will apply for Diamond Award carholders only. Cashbacks may take up to 30 days to appear on your statement. Visit mtr.mastercardservices.com for a list of participating merchants and to find out more.

6 How you earn or redeem CommBank Awards points will be subject to the Commonwealth (CommBank) Awards Program Terms & Conditions. You only earn points on eligible transactions (this excludes, for example, BPAY transactions, cash advances, balance transfers and payments to the Australian Taxation Office unless made using a Business Awards card). Awards and the number of points required for Awards are subject to change at any time without notice.

How Ultimate Awards points work: 

You can earn up to 3 Awards points for eligible purchases you make on the Ultimate Awards card. 

You get 3 Awards points for every $1 spent on international transactions. International transactions include any purchase you make overseas or when shopping online from Australia if the merchant or entity who processes the payment is based overseas. 

You get 2 Awards points for every $1 spent at major Australian supermarkets, department stores and petrol stations. Earning these points depends on how the merchant categorises their business and provide us this information (directly or through their financial institution). You’re unable to get these points if you use an intermediary platform such as PayPal for these transactions.

You get 1 Awards point for every $1 spent on all other purchases. 

Once you have spent $10,000 in any given statement period, you will earn 0.5 Awards points for every dollar you spend on any other purchases within that period.

7 There is no monthly fee for the Ultimate Awards credit card if you: (i) Spend at least $2,500 during your statement period; and (ii) Choose to receive online statements. Otherwise the monthly fee is $35.

Spend includes all purchases and cash advances made using your Ultimate Awards credit card, minus any refunds. This is for all transactions fully processed in the given statement period (not pending transactions). You can opt in to receive online statements through NetBank or the CommBank app, which will require a valid email address.

8 Pay no international transaction fees for purchases you make overseas or online. For international cash advances, the cash advance fee will apply.

9 To gain access to participating airport lounges, you must present your Ultimate Awards card or your digital lounge access code on the Mastercard® Airport Experiences app, along with your boarding pass and identify yourself as a LoungeKey member for validation.

Each time you visit a lounge, you will be charged a lounge visit fee to your Ultimate Awards card. You will also be charged a lounge visit fee for each additional guest you bring with you.

Please note, your lounge access may be blocked if your primary account is closed, in arrears, reported lost or stolen, or has been blocked by us for any reason.

To redeem an offer visit the Mastercard® Airport Experiences app or airport.mastercard.com to select your preferred offer and generate an offer code. Present the valid offer code to the cashier and redeem the offer. Please note, offers vary by location.

For information on accessing lounges, offer locations, a full list of Terms and Conditions and Frequently Asked Questions, visit airport.mastercard.com or call +61 2 7202 3584, 24/7.

Mastercard® is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. Commonwealth Bank of Australia ABN 48 123 123 124 and Australian credit licence 234945.