Commonwealth Bank Awards Card

Commonwealth Bank
Purchase rate
19.74%
Balance transfer rate
0%
Annual fee
$59

Moneybuddy says

The Commonwealth Bank Awards American Express card offers you bonus points which can be redeemed for Frequent Flyer's, a low balance transfer fee and travel accident insurance. You also pay a moderate annual fee.

The Basics

Card class MasterCard

Card type Credit card

Purchase rate 19.74%

Balance transfer rate 0%

Annual fee $59

The cool stuff: features

Reward program Yes

Reward program name -

Reward program details -

Reward program terms -

Additional card holder No

Add. card holder details $15 for additional card holder

Purchase security No

Extended warranty No

International travel insurance No

Online access No

Phone access No

The Facts & Figures

Purchase rate 19.74%

Cash advance rate 20.74%

Introductory purchase rate -

Introductory purchase rate period -

Introductory balance transfer period 5 months

Balance transfer rate 5.99%

Introductory balance transfer rate 0%

Interest free days 55 days

Minimum repayment -

Min. credit -

Max. credit -

Cash advance limit $0

Cash advance limit period -

The ugly stuff: fees

Reward program fee -

Late payment fee -

Atm fee $0

Foreign exchange fees -

* Important note: All information provided by advertiser or taken from advertiser website and correct at time of publishing. If this information is incorrect, please contact us.

Commonwealth Bank says

Your new Commonwealth Bank Awards American Express® Card will earn you 1.5 Awards points for every $1 spent, along with a new level of privileges and rewards. Your Commonwealth Bank Awards MasterCard® earns you 1 Awards point for every $1 spent and lets you enjoy the convenience of worldwide acceptance at over 29 million locations.

Key features

  • Earn 1.5 Awards points for every $1 spent with American Express
  • Emergency Travel Assistance for Commonwealth Bank American Express Cards
  • globaleshop by American Express lets you shop at any online store in the US that doesn’t normally accept your Australian credit card or won’t normally deliver to an Australian address
  • American Express Selects
  • Internet fraud loss protection
  • Secure Internet Shopping
  • Enhanced chip protection with your MasterCard card
  • Emergency card replacement and cash advances
  • Access to MasterCard® applause
  • MasterCard Global Service™

Pros

  • Moderate annual fee
  • Traveller's accident insurance

Cons

  • High interest rate
  • Charge for additional cardholder

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