Commonwealth Bank of Australia
Earn up to 100,000 bonus reward points or $450 cashback. Enjoy competitive rates and multiple perks with CommBank Ultimate and Smart Awards Cards.
Introducing the CommBank Credit Card Offers
The Commonwealth Bank of Australia is currently offering stand-out deals across their credit card range. The Ultimate Awards Card allows you to earn up to 100,000 CommBank Awards points, or up to 70,000 bonus Qantas Points, when you spend $3,000 per month for the first 4 months. Alternatively, the Smart Awards Card offers up to 80,000 Awards points or 50,000 Qantas Points, while Low Rate and Low Fee cards feature the chance to earn cashback, such as $75 per month up to $450 total.
The variable interest rates across these cards begin at a competitive 10.99% p.a. and go up to 15.99% p.a., depending on your credit risk profile. Credit eligibility is required, and there are several exclusions — such as only being available to new customers who haven’t held similar cards in the previous 24 months. Monthly fees vary based on the type and your usage habits, with fee waivers possible if you meet spending thresholds.
With straightforward conditions and attractive rewards, these cards cater to those looking for substantial points bonuses or meaningful monthly cashback, subject to approval and terms.
How to Apply – Quick Steps
1. Visit the Commonwealth Bank credit card offers page.
2. Review the available products and select the card best aligned with your needs.
3. Complete the online application, including your financial and identification details.
4. Await approval and follow the prompts to activate your new card upon receipt.
5. Start spending to meet the eligible purchase targets for points or cashback bonuses.
Main Advantages of These Cards
One of the most notable benefits is the large introductory bonus points, which can be redeemed for travel, gift cards, or shopping. Cashback fans will appreciate offers of up to $450 reimbursed into their balance.
There are flexible points options – including direct transfers to Qantas Frequent Flyer – and fee waivers for both Smart and Ultimate Awards cards if spending requirements are met.
Credit limits are tailored to your financial situation, and personalised interest rates provide competitive borrowing incentives. Support tools also help you choose the best card for your situation.
Potential Drawbacks to Consider
Not everyone is eligible for these offers, especially if you’ve held similar cards from CommBank within the last two years. Stringent spending requirements must be met to earn full rewards or cashback.
Also, bonus awards and cashback are forfeited if the card is closed, switched, or in default before the rewards are credited.
Final Verdict
CommBank’s credit card specials offer compelling upfront perks and ongoing value tailored to reward chasers and cashback seekers. The eligibility requirements and spend thresholds may disqualify some, but for consumers with high or regular card usage, it’s a smart way to maximise value and earn extras. Review the details carefully, and consider your typical spending habits for the best fit.
