1 Interest rates and fees may change over time. There is no change to your interest rate or fees as a result of this upgrade.
2 Please refer to our Credit Card Insurances Product Disclosure Statement and Information Booklet available from commbank.com.au/creditcardinsurance or any branch for full details. If you become eligible before 1 October 2018, the insurance is issued and managed by AWP Australia Pty Limited AFSL No. 245631 ABN 52 097 227 177 (trading as Allianz Global Assistance) on behalf of the insurer Allianz Australia Insurance Limited AFSL No. 234708 ABN 15 000 122 850 for Commonwealth Bank of Australia. If you become eligible 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 children’ or ‘accompanied children’ as applicable for return trips from Australia, up to a set period. Refer to the PDS for more information on the definitions of key terms such as ‘spouse’, ‘dependent children’ (which applies to cover from Allianz before 1 October 2018) and ‘accompanied children’ (which applies to cover from Cover-More on and after 1 October 2018). You will need to activate your travel insurance before each trip in order to have comprehensive level of cover.
Before 1 October 2018, to activate your cover, register on NetBank, the CommBank app or call Allianz Global Assistance on 1800 837 177. From 1 October 2018, to activate your cover, register on NetBank, the CommBank app or call Cover-More on 1300 467 951. 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.
3 The earning and redemption of Commonwealth (CommBank) Awards points are subject to the Terms and Conditions of the CommBank Awards Program available at commbank.com.au/awardst&cs. Points are earned on eligible transactions (most purchases, but not, for example, BPAY transactions, cash advances, payments to the Australian Taxation Office unless made using a Business Awards card, or balance transfers) and are subject to points capping – see commbank.com.au/awardst&cs for more information. If you are currently opted-in to Qantas Frequent Flyer Direct, your CommBank Awards points will continue to convert to Qantas Points at a ratio of 2.5:1. To opt-in to Qantas Frequent Flyer Direct, call 13 1661. There is a $30 annual fee charged for opting in. Customers must be opted in to Qantas Frequent Flyer Direct to earn Qantas Points. 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. 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 Qantas 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.
4 From 1 November 2018 we’re closing all CommBank American Express Cards and transactions will be declined. Until then, to earn points at the higher rate, the business you use your American Express Card with must be a Higher Points Merchant, which means a business or organisation in Australia classified as a 'supermarket', 'department store' or 'service (petrol) station' for the purposes of American Express transactions, excluding any business or organisation paid using an intermediary payment platform, for example, PayPal. American Express is a trademark of American Express. The Commonwealth Bank American Express Card is issued and administered by Commonwealth Bank of Australia pursuant to a license from American Express.
Mastercard is a registered trademark and the circles design is a trademark of Mastercard International Incorporated.
By activating your new Platinum Awards card, you agree:
Commonwealth Bank of Australia ABN 48 123 123 124 and Australian credit licence 234945.