Commonwealth Bank Business Awards Credit Card

Commonwealth Bank Business Awards Credit Card


  • Choose to earn CommBank Awards points or opt-in to earn Qantas Points for $30 per year. Terms and Conditions apply.
  • Up to 55 days interest-free on purchases.
  • Earn 1 Awards point for every dollar you spend on your Awards Mastercard.

Pros and cons


  • Get access to a unique collection of entertainment experiences through Priceless Sydney and Mastercard Privileges.
  • 24/7 emergency assistance overseas.
  • Includes Transit Accident Insurance and Unauthorised Transaction Insurance.


  • The additional cardholder fee is $75.

Our review


Customer service

Rates and fees



The basics

  • Additional cardholders. Additional cardholders can be added to the account with a $75 p.a. fee.
  • Digital wallets. The Commonwealth Bank Business Awards Credit Card allows eligible purchases to be made using Apple Pay, Google Pay, and Samsung Pay.
  • Gambling transactions. Commonwealth Bank will not allow their business credit cardholders to engage in gambling transactions on their cards.

Rewards and benefits

  • Complimentary travel insurance. This card does not come with complimentary international travel insurance.
  • Concierge services. The Commonwealth Bank Business Awards Credit Card does not offer a concierge service.
  • Insurances. This card comes with transit accident and unauthorized transaction insurance.
  • Rewards points. Earn 1 point per $1 spent on eligible purchases. Points can be redeemed in the Commonwealth Bank Awards program for a range of exclusive offers and experiences.
  • Sign up bonus. There is no signup bonus for this card.

Rates and fees

  • Annual fee. This card's annual fee is $100 p.a
  • Balance transfers. The Commonwealth Bank Business Awards Credit Card currently has no balance transfer offer.
  • Cash advances. The interest rate for cash advances on the Commonwealth Bank Business Awards Credit Card is 21.74% p.a. annual interest rate. Interest is calculated daily and charged to your account monthly.
  • Cash advance fee. The cardholder will be charged a cash advance fee on all of their overseas cash advances.
  • Foreign exchange fee. The Commonwealth Bank Business Awards Credit Card charges a foreign transaction fee of 3%.
  • Interest-free period. Enjoy 55 days interest-free on purchases.
  • Purchases. The Commonwealth Bank Business Awards Credit Card does not have any introductory offer on purchases. Purchases made with it will be charged interest at 20.74%.

Nilooka Dissanayake

Reviewed by Nilooka Dissanayake


User reviews


Customer service

Rates and fees



Convenient and functional

Reviewed by Amme

This card has a fantastic overdraw facility which helps business flow smoothly when dealing with suppliers. Even with overseas banking. All cash flow in and out of this account make it an easy one account only required for all of my business banking needs. Would happily recommend to family and friends when embarking on business ventures, big and small.

This card suits our lifestyle

Reviewed by Lane

This card suits our lifestyle. Being able to pay the balance each month and pay no interest means we have the convenience of using the card while shopping and not having to worry about cash or EFTPOS. For those sites and companies that charge a percentage fee for using a credit card we pay by BPAY from our bank account.



Reviewed by Anon

5 gold stars to this amazing bank card. Rates and fees go hand in hand; rewards are awesome, it’s so grand! Commonwealth are kicking goals; helps my statements truth be told! I take it everywhere I go; Easy use on the go! 'Common’ get the card. You won’t regret it!

Great rewards, lots of options

Reviewed by Rodrigo

It’s a great and amazing credit card, especially for the rewards. You have so many options to choose from, from electronics to airline points.

I totally recommend it if you want a card with great rewards. I use it to exchange for Qantas points, and you can get a lot of points every time you spend.

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