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- Smart Awards (CommBank Awards Points)
Commonwealth Bank Smart Awards (CommBank Awards Points)
- Bonus Points
- Google Pay
- Balance transfer
Bonus Points
Earn 75,000 bonus CommBank Awards Points when you apply for a new Smart Awards credit card. T&Cs apply.
Earn 25,000 CommBank Awards points each month when you spend $1,500 or more per month for the first three months. Offer commenced 1 March 2024. T&Cs apply.
Purchase rate p.a.
20.99%
Balance transfer rate
21.99%
Annual fee
$228
Commonwealth Bank Smart Awards (CommBank Awards Points)
- Bonus Points
- Google Pay
- Balance transfer
Purchase rate p.a.
20.99%
Balance transfer rate
21.99%
Annual fee
$228
Pros and Cons
For Commonwealth Bank Smart Awards (CommBank Awards Points)
Benefits
- No international transaction fee
- Annual fee of $228 is refunded when you spend $2,000 on purchases every undefined months
- Ability to convert large purchases into instalment plans
- International travel insurance
- Free supplementary cards
- Airport lounge
- Fraud protection
Drawbacks
- Higher than average ongoing variable purchase rate
- Higher than average ongoing annual fee
- No reward program
Commonwealth Bank Rate Credit Card overview
For Smart Awards (CommBank Awards Points)
Details
Card level
Standard
Card type
MasterCard
Interest free days
55
Minimum monthly repayment
2% or $25
Minimum credit limit
$3,000
Maximum credit limit
$0
Free supplementary cards
Instant approval
Target Market Determination
Visit Commonwealth Bank of Australia to view Target Market Determination.
Fees
Annual fee
$228
Annual Fee Spend Waiver
$2k
Supplementary card annual fee
$0
Late payment fee
$20
Over limit fee
Duplicate statement fee
Electronic Wallet Service
Apple pay available
Google pay available
Samsung pay available
Important Rates
Rates
Purchase rate p.a.
20.99%
Cash advance rate
21.99%
Cash advance fee
3% or $4
Balance Transfer
Balance transfer rate
21.99%
Transfer limit
100%
of the approved credit limit
Balance transfer fee
Overseas spending
Foreign exchange fee
$0
Overseas charges
Estimated ATM cost
Rewards
Program name
Rewards available
Eligibility
Minimum age
18
Minimum income
Eligibility conditions
Residency
Perks
INTERNATIONAL TRAVEL INSURANCE
FREE SUPPLEMENTARY CARDS
AIRPORT LOUNGE
FRAUD PROTECTION
NO INTERNATIONAL TRANSACTION FEE
