CommBank - Business Awards credit card
CommBank Awards program
The CommBank Business Awards credit card gives 1 award point per $1 spent capped at an annual earn rate of 60,000 points. It has a purchase rate of 20.74% p.a. It also has an annual fee of $100. This card will charge cash advances at a rate of 21.74% p.a. It also offers up to 55 days interest-free days on purchases.
This card offers up to 55 days interest-free on purchases. It has a purchase rate of 20.74% p.a.
Annual Fee
$100 per year
Purchase Rate
20.74% p.a.
Interest Free Period
up to 55 days
Rewards Rate One
1 point(s) per AUD$1 On eligible transactions (this excludes, for example, BPAY transactions, cash advances, balance transfers and payments to the Australian Taxation Office unless made using a Business Awards card). up to 60,000 point(s) per year
Details
Card Type
Mastercard
Minimum Repayment
2% or $25
per statement, whichever is greater
Interest Free Period
up to 55
days
Minimum Credit Limit
$500
Maximum Credit Limit
$50,000
Fees
Annual Fee
$100
per year
Late Payment Fee
$20
per statement
Cash Advance Fee
1.50% or $2.50
per transaction, whichever is greater
Additional Card Holder Fee
$75
per year
Additional Card Holder Cap
up to 1
additional holders
Rates
Purchase Rate
20.74% p.a.
Cash Advance Rate
21.74% p.a.
Overseas Spending
Foreign Currency Conversion Fee
3%
per transaction
Overseas Cash Advance Fee
1.50% or $4
per transaction, whichever is greater
Eligibility
Minimum Age
18
years old
Rewards
Program
CommBank Awards
Types
Gifts, Merchandise, Cashback, Travel programs
Reward Rates
Rewards Rate One
1 point(s) per AUD$1
On eligible transactions (this excludes, for example, BPAY transactions, cash advances, balance transfers and payments to the Australian Taxation Office unless made using a Business Awards card). up to 60,000 point(s) per year
Perks
Complimentary Travel Insurance
No
Airport Lounge Access
No
Who is the product designed for?
Visit CommBank to view Target Market Determination
Visit CommBank to view Target Market Determination Effective From: 2021-10-05.
