Things you should know
- The outcome of the Credit Card Selector is intended as a guide only, and doesn't take into account your personal circumstances, financial situation or needs.
- Before you apply, review the information provided about each card, so you can decide whether it meets your needs.
- Your application will be subject to credit approval. Full terms and conditions will be in our Letter of Offer. Fees and charges apply.
- Before deciding, read the disclosure documents including the Target Market Determinations.
- Please view our Financial Services Guide and Credit Card Conditions of Use.
- Mastercard and the circles design are registered trademarks of Mastercard International Incorporated.
#Offer commenced 1 March 2025 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 Fee or Low Rate card types in the 18 months prior as a primary cardholder or customers who switch from other card types.
$40 cashback will be awarded for every month (statement period) $500 or more is spent on eligible purchases for 6 consecutive 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 this date, the offer spend requirements will align to each statement period that follows until exhausted. Transactions must be fully processed and any pending transactions at the end of the statement period will not count towards the spend criteria. Cash advances and refunds (including CommBank Yello cashback offers) are not included as eligible transactions.
Cashback will be credited within 90 days 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 1 March 2025 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 18 months prior as a primary cardholder or customers who switch from other card types.
$75 cashback will be awarded for every month (statement period) $500 or more is spent on eligible purchases for 6 consecutive statement periods. Maximum cashback available is $450. The first eligible spend period will commence from the day your account is opened, up to the end of your second statement period. After this date, the offer spend requirements will align to each statement period that follows until exhausted. Transactions must be fully processed and any pending transactions at the end of the statement period will not count towards the spend criteria. Cash advances and refunds (including CommBank Yello cashback offers) are not included as eligible transactions.
Cashback will be credited within 90 days 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 1 March 2025 and is only available on new Smart Awards credit cards applied for. Offer not available to customers who currently hold, or have held, any activated Awards card types in the 18 months prior as a primary cardholder or customers who switch from other card types.
20,000 CommBank Awards points or 12,500 Qantas Points will be awarded every month (statement period) $1,500 or more is spent on eligible purchases for 4 consecutive statement periods. Maximum bonus points available is 80,000 CommBank Awards points or 50,000 Qantas Points. The first eligible spend period will commence from the day your account is opened, up to the end of your second statement period. After this date, the offer spend requirements will align to each statement period that follows until exhausted. Transactions must be fully processed and any pending transactions at the end of the statement period will not count towards the spend criteria. Cash advances and refunds (including CommBank Yello cashback offers) are not included as eligible transactions.
To be awarded the bonus Qantas Points, 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 for each statement period. If you opt-in to Qantas Points in your credit card application, or after applying but before you meet each offer eligibility criteria, you will receive the monthly Qantas Points in place of CommBank Awards each month. Points are initially accrued as Awards points in the CommBank Awards Program and will be automatically converted, at the end of the next statement period, into Qantas Points and transferred to your Qantas Frequent Flyer account after meeting the eligibility criteria. 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 the monthly CommBank Awards points each month.
The earning and redemption of CommBank Award points are subject to the CommBank Awards Program Terms and Conditions available at commbank.com.au/awardst&cs. Once CommBank Awards points are transferred to Qantas Points, they are governed by the terms and conditions of the Qantas Frequent Flyer program available at qantas.com/terms and cannot be converted back to CommBank Awards points or redeemed under the CommBank Awards Program.
Bonus points will be credited within 90 days of each eligible statement period where the spend criteria has been met and will appear on your statement as ‘BONUS AWARDS’. You will be ineligible for the bonus points if your account is closed, switched to another card or in default at any time prior to the bonus points 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 1 March 2025 and is only available on new Ultimate Awards credit cards applied for. Offer not available to customers who currently hold, or have held, any activated Awards card types in the 18 months prior as a primary cardholder or customers who switch from other card types.
25,000 CommBank Awards points or 17,500 Qantas Points will be awarded every month (statement period) $3,000 or more is spent on eligible purchases for 4 consecutive statement periods. Maximum bonus points available is 100,000 CommBank Awards points or 70,000 Qantas Points. The first eligible spend period will commence from the day your account is opened, up to the end of your second statement period. After this date, the offer spend requirements will align to each statement period that follows until exhausted. Transactions must be fully processed and any pending transactions at the end of the statement period will not count towards the spend criteria. Cash advances and refunds (including CommBank Yello cashback offers) are not included as eligible transactions.
To be awarded the bonus Qantas Points, 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 for each statement period. If you opt-in to Qantas Points in your credit card application, or after applying but before you meet each offer eligibility criteria, you will receive the monthly Qantas Points in place of CommBank Awards each month. Points are initially accrued as Awards points in the CommBank Awards Program and will be automatically converted, at the end of the next statement period, into Qantas Points and transferred to your Qantas Frequent Flyer account after meeting the eligibility criteria. 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 the monthly CommBank Awards points each month.
The earning and redemption of CommBank Award points are subject to the CommBank Awards Program Terms and Conditions available at commbank.com.au/awardst&cs. Once CommBank Awards points are transferred to Qantas Points, they are governed by the terms and conditions of the Qantas Frequent Flyer program available at qantas.com/terms and cannot be converted back to CommBank Awards points or redeemed under the CommBank Awards Program.
Bonus points will be credited within 90 days of each eligible statement period where the spend criteria has been met and will appear on your statement as ‘BONUS AWARDS’. You will be ineligible for the bonus points if your account is closed, switched to another card or in default at any time prior to the bonus points 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.
1 Pay no international transaction fees for purchases you make overseas or online. For international cash advances, the cash advance fee will apply.
2 This is charged when you make a transaction in a foreign currency or make a transaction in Australian dollars: While overseas; or In Australia (for example online) where the merchant, or the financial institution or entity processing the transaction, is located overseas. For cash advances, the cash advance fee will also apply.
3 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. We may process transactions later than the day you originally made them. This is when your transaction is no longer a pending transaction and has been fully processed by us.
4 We’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.
5 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).
6 How you earn or redeem CommBank Awards points will be subject to the 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. If you opt-in to earn Qantas Points, your CommBank Awards points earnt each month are automatically transferred to your Qantas Frequent Flyer account at the end of each statement period, at the rate of 2.5 CommBank Awards points to 1 Qantas Point. Points transferred to your Qantas Frequent Flyer account are captured on your CommBank credit card statement. 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. You must be a member of the Qantas Frequent Flyer program to earn and redeem Qantas Points. Membership and Qantas Points are subject to the terms and conditions of the Qantas Frequent Flyer program available at qantas.com/terms.
a) How Awards points work:
Earn 1 Awards point for every $1 spent on eligible purchases, up to and including $2,000 in a statement period. Once you have spent $2,000 in any given statement period, you will earn 0.5 Awards points for every $1 you spend on any other purchases within that period.
You will not be able to opt-in to earn Qantas Points.
b) How Smart Awards points work:
Earn up to 1.5 Awards points or 0.6 Qantas Points per $1 spent at major Australian supermarkets, department stores, petrol stations, dining (cafes, restaurants, fast food & delivery services) and utilities (electricity, gas and water only). 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.
Earn up to 1 Awards point or 0.4 Qantas Points per $1 spent on all other purchases.
Once you have spent $5,000 in any given statement period, you will earn 0.5 Awards points or 0.2 Qantas Points per $1 spent on any other purchases within that period.
Points Boost
Earn up to 2 Bonus Points per $1 spent on your highest eligible transaction (not exceeding $500) made in a statement period up to 1,000 Bonus Points. Points Boosts will be applied at the end of each statement period (in some instances, purchases at the end of the statement period may be allocated to the next statement period and may be identified as the highest Eligible Purchase for that statement period). They will appear on your credit card statement under the ‘Awards Transactions’ section.
c) How Ultimate Awards points work:
Earn up to 3 Awards points or 1.2 Qantas Points per $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.
Earn up to 2 Awards points or 0.8 Qantas Points per $1 spent at major Australian supermarkets, department stores, petrol stations, dining (cafes, restaurants, fast food & delivery services) and utilities (electricity, gas and water only). 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.
Earn up to 1 Awards point or 0.4 Qantas Points per $1 spent on all other purchases.
Once you have spent $10,000 in any given statement period, you will earn 0.5 Awards points or 0.2 Qantas Points per $1 spent on any other purchases within that period.
7 This is a non-refundable additional fee charged to your card when you opt-in to earn Qantas Points and each subsequent year on the anniversary of your opt-in. This is charged on top of your regular credit card fees. Fee applies to each account opted-in to Qantas Points.
8 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).
9 International travel insurance included on your credit card provides cover for you, your spouse and your accompanied children for return trips from Australia, up to a set period when you spend at least $500 on a single prepaid travel transaction using your eligible credit card account. You will need to activate your travel insurance for each trip in order to receive any cover, including Overseas Medical cover. To activate your cover, register on NetBank, the CommBank app or call Cover-More on 1300 467 951 before you travel. Terms, conditions, restrictions, exclusions (including for pre-existing medical conditions and persons aged 80 years or over), benefit limits, sub-limits and excesses apply. Before making a decision, refer to the Credit Card Insurances Product Disclosure Statement and Information Booklet for full conditions. Insurance products listed are issued and administered by Cover-More Insurance Services Pty Ltd (AFSL 241713, ABN 95 003 114 145) on behalf of the insurer Zurich Australian Insurance Limited (AFSL 232507, ABN 13 000 296 640) for Commonwealth Bank of Australia (CBA). CBA and its related bodies corporate do not issue or guarantee this insurance. It does not represent a deposit with or liability of either CBA or any of its related bodies corporate. We do not provide any advice on this insurance based on any consideration of your objectives, financial situation or needs. If you purchase an upgrade policy, we (CBA) receive a commission which is a percentage of your premium. More information can be found at commbank.com.au/travelinsuranceincluded.
10 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).
11 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.