Commonwealth Bank Awards Credit Card
Highlights
- Accrue 1 Awards point for every $1 spent on eligible purchases, capped at $2,000 within a statement period.
- Accumulated points remain valid indefinitely.
- No extra cardholder fee is required.
Pros and cons
Pros
Cons
About this credit card
Basics
Card usage
Eligibility
Additional cardholders
Credit limits
Repayments
Balance transfers
Balance transfer offer
Balance transfer conditions
Rates, fees, charges
Cash advances
Purchases
Account fees
Rewards
Rewards program basics
Rewards points per $1 spent
Additional perks
Insurance
Travel and lifestyle
Our review
Convenience
Customer service
Rates and fees
Rewards
Trust
The basics
- Additional cardholders. Additional cardholder can be added so you can share with a friend or a family member for free.
- Digital wallets. The Commonwealth Bank Awards Credit Card works with Apple Pay, Google Pay and Samsung Pay.
- Gambling transactions. Commonwealth Bank does allow gambling transactions on their Awards Credit Card, but it's possible for the cardholder to block them via NetBank.
Rewards and benefits
- Complimentary travel insurance. This card does not come with an international travel insurance policy.
- Concierge services. The Commonwealth Bank Awards Credit Card does not provide access to a concierge service.
- Insurances. This card comes with 24-hour fraud protection, plus a Complimentary Purchase Security and Extended Warranty insurance.
- Rewards points. Earn one Award Point for every $1 spent on eligible purchases. Points can be transferred to a number of frequent flyer programs including Qantas Frequent Flyer, Velocity Frequent Flyer, Cathay Pacific Asia Miles, Etihad Guest, JAL Mileage Bank, and United MileagePlus. Note that points are not earned on transactions classed as being cash equivalent or annual fees, balance transfers, and cash advances. Points do not expire.
- Sign-up bonus. Commonwealth Bank Awards Credit Card does not offer a sign-up bonus at the moment.
Rates and fees
- Annual fee. The monthly fee for this card amounts to $8, resulting in an annual total of $96, which falls in line with the charges of other entry-level rewards cards in the Australian market.
- Balance transfers. The Commonwealth Bank Awards Credit Card has no introductory balance transfer offer at the moment.
- Cash advances. If you use the Commonwealth Bank Awards Credit Card to get a cash advance, you'll be charged 21.99% p.a. interest on the amount of the cash advance. This interest rate applies from the day you make the cash advance. A fee also applies.
- Foreign exchange fee. Purchases made overseas or with a foreign retailer attract a foreign transaction fee of 3.5%.
- Interest-free period. Enjoy 55 days interest-free on purchases. However, this is not available if you have not paid up the previous statement in full and on time.
- Purchases. The Commonwealth Bank Awards Credit Card does not have an introductory offer for purchases. Its ongoing purchase rate is 20.99% p.a.
Reviewed by Credit Card Compare Staff
History
User reviews
Convenience
Customer service
Rates and fees
Rewards
Trust
Love getting money for spending money
Reviewed by Sarah
Convenient way to earn points
Reviewed by Arixe
Overall, I guess it's okay
Reviewed by Karen
Happy with the services this card provides
Reviewed by Anonymous
Very convenient to have this card
Reviewed by Erika
A great way to build points
Reviewed by Vicky
Good experience with card
Reviewed by hjcunningham
Does what it is meant for
Reviewed by Rahul
Interest rates a bit high
Reviewed by Anne
Secure and easy
Reviewed by LengKim
All my accounts linked together
Reviewed by Sally A
Trustworthy
Reviewed by CBA credit card
Easy to use convienient card
Reviewed by Grannyk
Once a year I get a small reward
Reviewed by Frank Ciampi
Pretty average, nothing special
Reviewed by Anon
Keep getting new ones
Reviewed by Kimberley
Satisfactory
Reviewed by Les
Generally happy with service
Reviewed by Lynette
It works but it's not that special
Reviewed by Gregory
Easy to manage online
Reviewed by David
Time to move on to a better bank
Reviewed by Loyal Customer
Never had an issue with CBA
Reviewed by Ashton
Very pleased
Reviewed by karli charles
Generally happy except for the fees
Reviewed by Diva
Good card to have
Reviewed by Stephen
Long term customer
Reviewed by Card Reviewer
Generally pleased
Reviewed by trudy
Reliable!
Reviewed by Bella
Very happy
Reviewed by N/A
Good credit card, no intentions in changing
Reviewed by Chrissy
One of the best credit cards I've ever had
Reviewed by Ling Ling
Extremely well pleased with card
Reviewed by Steve
Pretty happy so far
Reviewed by Chandr3w
Always been happy
Reviewed by Sally
Great to have two cards
Reviewed by CommBank Customer
Very pleased with this card!
Reviewed by Sonya 'PennySaver'
Long time happy customer
Reviewed by Jude
Not many rewards for the money spent
Reviewed by Anon
Easy to use and good customer care
Reviewed by Anon
A safe card
Reviewed by Anon
Get awarded!
Reviewed by Got awarded
Saved me on my overseas trip
Reviewed by Matthew Blackall
Generally very pleased with this card
Reviewed by Lolpigs
I got heaps of points with this
Reviewed by Anon
Good bank to deal with
Reviewed by James Reilly
I save a little using this card
Reviewed by Anon
Generally pleased with this card
Reviewed by Anon
Pleased with this card
Reviewed by Wayne
So far so good!
Reviewed by Amelia
Happy for now
Reviewed by Mike
Good awards but a bit expensive
Reviewed by Gary
Useful with low fees
Reviewed by Carley
Not too bad
Reviewed by Reyhan
Easy application, high charges
Reviewed by Louise
Best credit card ever
Reviewed by Daniel
Big bank, small card
Reviewed by Mark
Worst bank to deal with
Reviewed by Christine
No debt accruing? This card may be for you
Reviewed by Stacey
Money when I need it most
Reviewed by Corrina
Rewards were great
Reviewed by Katherine
Not good
Reviewed by Victoria
I have been impressed with my credit cards
Reviewed by Deanne
Very convenient
Reviewed by C
Generally OK
Reviewed by Susan
Good awards program, high interest rate and fees
Reviewed by Anna
Paying it off
Reviewed by Billy
Has come in handy
Reviewed by Megan
Costs too much
Reviewed by Louisa
Getting ripped off by CBA
Reviewed by Teena
Generally pleased with this card
Reviewed by Sean
Fees not too bad
Reviewed by Salote
All good so far
Reviewed by C
Not overly impressed
Reviewed by Richard
Generally pleased with this card
Reviewed by Ashley
Rewards points declined
Reviewed by Adrian
Benefits and choice of rewards
Reviewed by Chad
I never pay interest
Reviewed by Susan
Good rewards, great for emergencies
Reviewed by Annelise
No problems with this card
Reviewed by Charlie
Good choice of rewards through points
Reviewed by Natalie
The rewards outweigh the high interest rate
Reviewed by Frederick
Increased annual fee
Reviewed by Owen
Convenience, rewards, and good service
Reviewed by Zaklina
Rates and Fees high, but customer service good
Reviewed by Cassie
Rewards OK, but fees make me look elsewhere
Reviewed by Michelle
Market average interest rate
Reviewed by Cassie
Never a drama
Reviewed by Elise
Security and support
Reviewed by Kishore
Long-term users seem to be forgotten
Reviewed by Diann
A backup to help me get through
Reviewed by Karen
Rewards offset annual fee and more, plus perks
Reviewed by Gabriel
Good rewards card if you pay it off every month
Reviewed by L
Can't get credit limit increased
Reviewed by Judie
I trust the Commonwealth Bank
Reviewed by Riani
Customer service explained everything
Reviewed by Stephanie
Great customer service but huge fees
Reviewed by Samantha
Good rates and low fees
Reviewed by Lewis
My first love
Reviewed by Freja
Good rewards for normal spending
Reviewed by Amelia
Quick and easy transfers
Reviewed by Maddy
I got a free flight with this card
Reviewed by Lucy
Activate travel insurance for each trip
Reviewed by Partha
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