Credit Card Offers

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

^# Offer commenced 15 March 2026 and is only available on new Low Fee credit cards applied for. Offer not available to customers who currently hold, or have held, any activated Low Rate or Low Fee card types in the 24 months prior as a primary cardholder or customers who switch from other card types.

$40 cashback will be awarded for every month (statement period) in which $500 or more is spent on eligible purchases, for up to six eligible statement periods. Maximum cashback available is $240. The first eligible spend period will commence from the day your account is opened, up to the end of your second statement period after account opening. This means your first eligible spend period may be longer than one statement period. After this date, the offer spend requirements will align to each statement period that follows, for up to six eligible statement periods in total.

Total spend per statement period is based on the transaction date (the date the purchase is made). Transactions must be fully processed and posted to your account within 14 days of the transaction date to be eligible and will be allocated to the statement period in which the transaction date occurred. This means a transaction may appear on a later statement but still be counted toward the minimum spend requirement for an earlier statement period. Cash advances and refunds (including CommBank Yello cashback offers) are not included as eligible transactions. Refunds processed in a statement period will reduce your eligible spend for that statement period, meaning you will need to spend an additional amount equal to the refund to meet the minimum spend requirement for that period, regardless of when the original transaction occurred.

Cashback will be credited within 90 days of the end of each eligible statement period where the spend criteria has been met and will appear on your statement as ‘CASHBACK’. You will be ineligible for the cashback if your account is closed, switched to another card or in default at any time prior to the cashback being credited to your account.

Offer only available on one credit card per customer. We reserve the right to close or vary this offer at any time

^~ Offer commenced 15 March 2026 and is only available on new Low Rate credit cards applied for. Offer not available to customers who currently hold, or have held, any activated Low Rate or Low Fee card types in the 24 months prior as a primary cardholder or customers who switch from other card types.

$70 cashback will be awarded for every month (statement period) in which $500 or more is spent on eligible purchases, for up to six eligible statement periods. Maximum cashback available is $420. The first eligible spend period will commence from the day your account is opened, up to the end of your second statement period after account opening. This means your first eligible spend period may be longer than one statement period. After this date, the offer spend requirements will align to each statement period that follows, for up to six eligible statement periods in total.

Total spend per statement period is based on the transaction date (the date the purchase is made). Transactions must be fully processed and posted to your account within 14 days of the transaction date to be eligible and will be allocated to the statement period in which the transaction date occurred. This means a transaction may appear on a later statement but still be counted toward the minimum spend requirement for an earlier statement period. Cash advances and refunds (including CommBank Yello cashback offers) are not included as eligible transactions. Refunds processed in a statement period will reduce your eligible spend for that statement period, meaning you will need to spend an additional amount equal to the refund to meet the minimum spend requirement for that period, regardless of when the original transaction occurred.

Cashback will be credited within 90 days of the end of each eligible statement period where the spend criteria has been met and will appear on your statement as ‘CASHBACK’. You will be ineligible for the cashback if your account is closed, switched to another card or in default at any time prior to the cashback being credited to your account.

Offer only available on one credit card per customer. We reserve the right to close or vary this offer at any time.

^{^} Offer commenced 15 March 2026 and is only available on new Smart Awards credit card applications. The offer is not available to customers who currently hold, or have held, any activated Awards card type in the 24 months prior, either as a primary cardholder, or to customers who switch from another card type.

To be eligible to receive 40,000 CommBank Awards points and $100 in Travel Credits via Travel Booking on a new Smart Awards card, you must spend at least $4,500 on eligible purchases within the first 90 days from the date your account is opened. The spend period will commence from the day your card is activated. Total spend is assessed based on the initial transaction date.

Cash advances and refunds (including CommBank Yello cashback offers) are not eligible transactions. Refunds processed during the spend period do not count towards the minimum spend required and will increase the minimum spend required by the amount of the refund.

To be eligible to receive Travel Credits, you must log into the CommBank or NetBank app and access the Travel Booking platform within 90 days after the end of your spend period.

The earning and redemption of CommBank Awards points are subject to the CommBank Awards Program Terms and Conditions, available at commbank.com.au/awardst&cs. Bonus points will be credited within 90 days after the spend criteria has been met and will appear on your statement as “BONUS AWARDS”.

Travel Credits earned via Travel Booking will be credited to your Travel Booking account within 90 days after you meet the eligible spend criteria on your new card. Once credited, Travel Credits are governed by the Travel Booking terms and conditions. For more information about earning or redeeming Travel Credits via Travel Booking, including full terms and conditions, visit travelbooking.hopper.com/terms.

You will be ineligible for the bonus points and travel credits if your account is closed, switched to another card, or in default at any time before the bonus points or travel credits are credited.

Offer only available on one credit card per customer. We reserve the right to close or vary this offer at any time.

^* Offer commenced 15 March 2026 and is only available on new Ultimate Awards credit card applications. The offer is not available to customers who currently hold, or have held, any activated Awards card type in the 24 months prior, either as a primary cardholder, or to customers who switch from another card type.

To be eligible to receive 60,000 CommBank Awards points and $300 in Travel Credits via Travel Booking on a new Ultimate Awards card, you must spend at least $9,000 on eligible purchases within the first 90 days from the date your account is opened. The spend period will commence from the day your card is activated. Total spend is assessed based on the initial transaction date.

Cash advances and refunds (including CommBank Yello cashback offers) are not eligible transactions. Refunds processed during the spend period do not count towards the minimum spend required and will increase the minimum spend required by the amount of the refund.

To be eligible to receive Travel Credits, you must log into the CommBank app or NetBank and access the Travel Booking platform within 90 days after the end of your spend period.

The earning and redemption of CommBank Awards points are subject to the CommBank Awards Program Terms and Conditions, available at commbank.com.au/awardst&cs. Bonus points will be credited within 90 days after the spend criteria has been met and will appear on your statement as “BONUS AWARDS”.

Travel Credits earned via Travel Booking will be credited to your Travel Booking account within 90 days after you meet the eligible spend criteria on your new card. Once credited, Travel Credits are governed by the Travel Booking terms and conditions. For more information about earning or redeeming Travel Credits via Travel Booking, including full terms and conditions, visit travelbooking.hopper.com/terms.

You will be ineligible for the bonus points and travel credits if your account is closed, switched to another card, or in default at any time before the bonus points or travel credits are credited.

Offer only available on one credit card per customer. We reserve the right to close or vary this offer at any time.

¹ For Low Fee credit cards, there is no monthly fee when you spend at least $300 on your Low Fee credit card in your statement period to qualify for no monthly fee for that month. Otherwise the monthly fee is $3. Spend includes all purchases and cash advances made using your Low Fee credit card, minus any refunds. This is for all transactions fully processed in the given statement period (not pending transactions).

² For Smart Awards credit cards, there is no monthly fee if you spend at least $2,000 on your Smart Awards credit card in your statement period to qualify for no monthly fee for that month. Otherwise the monthly fee is $19. Spend includes all purchases and cash advances made using your Smart Awards credit card, minus any refunds. This is for all transactions fully processed in the given statement period (not pending transactions).

For Ultimate Awards credit cards, there is no monthly fee if you spend at least $4,000 on your Ultimate Awards credit card in your statement period to qualify for no monthly fee for that month. 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).

³ From 10 December 2024, interest rates offered on approval vary from 10.99% p.a. to 15.99% p.a. The rate offered to you (your personalised interest rate) within this range depends on different factors, including your individual credit risk score.

Once your credit contract is entered into, your personalised interest rate will be reviewed periodically and may change upon review. We may also vary the range of rates available for new Low Rate credit cards at any time. We’ll notify you as outlined in the conditions of use if your personalised interest rate changes.  

All customers with an existing CommBank Low Rate credit card, and customers who switch from an existing CommBank credit card to a Low Rate credit card will be offered or will retain an interest rate of 13.99% p.a. This rate may be varied at any time during the term of the credit contract.

Please refer to the Low Rate credit card FAQs for more information.

Commonwealth Bank of Australia ABN 48 123 123 124 and Australian credit licence 234945.