Why choose Commonwealth Bank

Benefits

  • Complimentary travel insurance
  • Access to branches
  • Long interest-free period

Drawbacks

  • Purchase rates may be moderate to high
  • Fees may be moderate to high

Commonwealth Bank Credit Cards

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Australian Credit Licence 234945Fees & charges apply

20.99%

21.99%

44

$420

Commonwealth Bank Ultimate Awards (CommBank Awards Points)
  • Bonus Points
  • Google Pay
  • Balance transfer

Australian Credit Licence 234945Fees & charges apply

Australian Credit Licence 234945Fees & charges apply

0.00%

Not Applicable

$0

Commonwealth Bank CommBank Neo
  • Apple, Google & Samsung Pay
  • No annual fee

Australian Credit Licence 234945Fees & charges apply

Australian Credit Licence 234945Fees & charges apply

20.99%

21.99%

44

$420

Commonwealth Bank Ultimate Awards (Qantas Points)
  • Bonus Points
  • Google Pay
  • Balance transfer

Australian Credit Licence 234945Fees & charges apply

Australian Credit Licence 234945Fees & charges apply

20.99%

21.99%

44

$228

Commonwealth Bank Smart Awards (CommBank Awards Points)
  • Bonus Points
  • Google Pay
  • Balance transfer

Australian Credit Licence 234945Fees & charges apply

Australian Credit Licence 234945Fees & charges apply

20.99%

21.99%

44

$228

Commonwealth Bank Smart Awards (Qantas Points)
  • Bonus Points
  • Google Pay
  • Balance transfer

Australian Credit Licence 234945Fees & charges apply

About CBA credit cards

As Australia’s biggest bank, CBA offers a wide range of credit card options, including:

  • Low interest 
  • Balance transfer
  • Rewards program
  • Overseas travel insurance
  • Platinum

CBA offers customers a variety of credit cards that range from basic, low rate or low fee options to platinum or diamond awards cards with big credit limits and perks. Interest rates and fees differ across each card. 

As CBA is the biggest bank in Australia, it may not always offer the lowest rates on the market compared to smaller providers with lower overheads. However, it still has some competitive, low rate and low fee cards. 

Points chasers can take advantage of CBA’s Awards Program. This includes standard credit cards, platinum and diamond. Some credit cards also come with complementary travel insurance. 

CBA credit cards review

CBA has a credit card for almost every customer out there, ranging from no-frills cards, to high end diamond awards cards. 

CBA’s low rate credit cards are a competitive choice for customers looking to keep costs down. Their Awards cards may have moderately high interest rates or annual fees, but that is generally to be expected with that type of card. 

CBA also offers customers complementary travel insurance on some credit cards. This can be a handy resource for travellers as this type of insurance can be a costly part of your travel budget. 

Smaller, more niche credit card providers may potentially offer cards with lower purchase rates or lower fees. But as Australia’s biggest bank, taking out a credit card with CBA may give you the benefit of convenience, with access to multiple forms of customer service. CBA branches can also be found in most areas, and you can enjoy a sense of security and stability that comes with banking with such a prolific financial institution. 

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^Words such as "top", "best", "cheapest" or "lowest" are not a recommendation or rating of products. This page compares a range of products from selected providers and not all products or providers are included in the comparison. There is no such thing as a 'one- size-fits-all' financial product. The best loan, credit card, superannuation account or bank account for you might not be the best choice for someone else. Before selecting any financial product you should read the fine print carefully, including the product disclosure statement, target market determination fact sheet or terms and conditions document and obtain professional financial advice on whether a product is right for you and your finances.