Commonwealth Rewards Credit Card Features | Apply Now

Commonwealth Rewards Credit Card

Commonwealth Rewards Credit Card

Commonwealth Rewards Credit Card is the largest reward program of any Australian bank. The card is offered by the Commonwealth Bank and rewards users with non-expiring reward points. Points can be exchanged at a Myer and Flight Center store or over 1,000 Award items.

If you do not have enough points to get a reward, you can use the Points Plus Pay option. This allows you to use the points you have now and then use your credit card to make up for the difference.

Commonwealth Rewards Credit Card Features

The annual fee is $119

The interest rate on purchases is 20.24%

Cash advance interest rate is 21.24%

Get up to 2 points for every dollar you spend

Extended warranty and insurance purchase

Up to 55 days without interest on purchases

Note: There is an annual fee of USD 119 and the purchase interest rate is higher than for low-rate credit cards.

Get Up to 2 bonus points for every dollar spent on CommBank Gold Awards American Express® card overseas and in supermarkets, stores and gas stations in Australia.

Earn 0.5 points for one dollar spent with an American Express card somewhere else

Earn a reward point for every dollar spent on the MasterCard® card as part of the CommBank Gold Awards

Earn up to 75,000 points a year (60,000 points per year if you’ve registered with Qantas Frequent Flyer Direct)

Collect bonus points when making purchases using a credit card from one of our bonus partners.

How to Apply for a Commonwealth Rewards credit card

Go to Card’s homepage

Compare your credit card options available

Click the online application once you’ve found the card you want to apply to.

The registration form will vary depending on the selected card

Please provide your details, including personal details, contact details, and address, judge’s data, income, monthly expenses, assets and liabilities, current employment data, employer’s address

Enter your card preferences – this includes balance transfer, extra card users, credit limit, and invitation to increase your credit limit

Send the application for approval.