Commonwealth Bank
Earn up to 100,000 Awards points or $450 cashback. Rates from 10.99% p.a., flexible limits. Great for rewards and budget-friendly spending. Apply in minutes.
Commonwealth Bank is currently offering several attractive credit card promotions for Australian customers. With the Ultimate Awards and Smart Awards credit cards, you’ll have the chance to earn up to 100,000 Awards points or 80,000 points respectively, by meeting monthly spend criteria during the initial four months. If cashback is more appealing, their Low Rate and Low Fee cards can provide up to $450 and $240 cashback over six months, awarded monthly.
Interest rates on new Low Rate cards start from 10.99% p.a. up to 15.99% p.a., depending on your individual profile and credit assessment by the bank. To activate the special offers, you must apply as a new cardholder—recent holders or switchers from CommBank cards are excluded from the welcome offers. Your monthly spend triggers rewards, and fees are easy to manage or even avoid based on card usage.
How to Apply: Step by Step
- Visit the official Commonwealth Bank website or branch.
- Choose your preferred credit card offer (Ultimate Awards, Smart Awards, Low Rate, or Low Fee).
- Complete the online application form with your financial and identification details.
- Submit your application and wait for credit approval.
- Once approved, activate your card and start using it to unlock your rewards or cashback.
Pros of the CommBank Credit Card Offers
The standout benefit is the lucrative earning opportunities—bonus Awards points and cashback bonuses are among the best in the market right now for everyday spenders and savvy savers. Competitive interest rates and the flexibility to avoid monthly fees further enhance value for disciplined cardholders.
Cons of the CommBank Credit Card Offers
The offers are only open to brand new customers or those not holding or having held a CommBank card of the same type in the last 24 months. Also, if you fail to meet the minimum spend requirements in a statement period, you won’t receive that month’s bonus.
Final Verdict
CommBank’s credit card offers are a strong pick for Aussies seeking meaningful rewards or cashback with responsible card usage. Exclusions do apply, so check your eligibility closely before applying. For new applicants, these cards offer a rewarding start.
