GOLD AWARDS CREDIT CARD
Rates and fees
|20.24% p.a.||Purchase interest rate|
|21.24% p.a.||Cash advance interest rate|
Our Awards Program
2 Awards Points per $1 spent for purchases at supermarkets, petrol stations and department stores.
2 Awards Points per $1 spent for overseas purchases (instore and online).
0.5 points per $1 everywhere else.
Earn 1 Awards point^ for every dollar you spend on your Mastercard® accepted at over 43 million locations worldwide10
Pay with Points In-Store
Things you should know
* 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. You’ll earn the maximum points per $1 spent when using your American Express card for eligible transactions overseas and at a Higher Points Merchant, which means a business 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; and 0.5 points per $1 spent using your American Express card everywhere else. Refer to the CommBank Awards Program Terms and Conditions for more information.
# Excludes manual transactions and some contactless payments
** Customers must be opted in to Qantas Frequent Flyer Direct to earn Qantas Points. To opt in to Qantas Frequent Flyer Direct, call 13 1661 or visit the Awards website Redeem Travel page. There is a $30 annual fee charged for opting in. 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 at the applicable conversion rate. 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 the earning and redemption of 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.
# Velocity Frequent Flyer (Velocity) is the loyalty program of the Virgin Australia Group. You must be a member of Velocity to redeem your CommBank Awards points for Velocity Points. Points transferred to Velocity and membership of Velocity is subject to the Velocity Membership Terms and Conditions, available at velocityrewards.com.au, as amended from time to time. A minimum of 3,600 CommBank Awards points must be redeemed for Velocity Points. Once CommBank Awards points have been redeemed for Velocity Points, they are governed by the Velocity Membership Terms and Conditions and cannot be reversed. Velocity is owned and operated by Velocity Rewards Pty Ltd as trustee of The Loyalty Trust.
1 Subscription to this service may be limited
2 Charge applies to cash advances at Commonwealth Bank branches.
3 Charge applies to cash advances through a terminal of any financial institution in Australia, at ASB Bank in New Zealand, Commonwealth Bank in Indonesia and Commonwealth Bank in Vietnam.
4 Charge applies to cash advances by way of funds transfer through NetBank, CommBank app, by calling 13 2221 and Australia Post.
5 Fee applies to cash advance transactions made at other financial institutions within Australia.
6 A maximum charge of $150.00 (or a flat fee of $2.50 applies if your closing balance on previous business day was in credit).
7 Charge applies to purchases of cash equivalent items, such as gambling, lottery tickets, money transfers or travellers cheques, including transactions which merchants tell us are for such items.
Note: For cash advances and balance enquiries made through a non-Commonwealth Bank ATM in Australia, the ATM owner may charge you a fee, which will be disclosed at the time of the transaction. If you proceed with the transaction, the ATM owner’s fee will be debited to your account (in addition to the cash advance amount) if applicable. You should check the ATM owner’s fees that apply carefully before completing.
8 As this advice has been prepared without considering your objectives, financial situation or needs, you should before acting on this advice, consider its appropriateness to your circumstances. The Product Disclosure Statement and Conditions of Use (PDF 222.5kb) issued by Commonwealth Bank of Australia ABN 48 123 123 124 for Travel Money Card should be considered before making any decision about this product. View our Financial Services Guide (PDF 160kb).
9 Lock, 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.
10Source: The Nilson Report, Issue 1095 September 2016.
The information on this website has been prepared without considering your objectives, financial situation or needs. Because of that, you should, before acting on the information, consider its appropriateness to your circumstances. Please view our Financial Services Guide. Please view our Credit Card Conditions of Use.
Mastercard and the Mastercard brand mark are registered trademarks of Mastercard International Incorporated. Tap & go is a trademark of Mastercard International Incorporated.
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.