Commonwealth Bank Credit Cards
The Commonwealth Bank of Australia is one of the largest banks in Australia. This bank was founded in 1911 by the Commonwealth Bank Act. Thus, it's safe to say that the Commonwealth Bank is Australia's original banking institution.
Today, there are Commonwealth banks spread across New Zealand, Asia, Fiji, the United States, and the United Kingdom (in addition to Australia, of course). From various financial services to investment opportunities, this bank covers all financial endeavours.
Many people choose the Commonwealth Bank when it comes to credit cards, since there are four fantastic card options available. From the Commonwealth Rewards Card to the Commonwealth Bank Gold Card, Commonwealth card holders often enjoy low interest rates and great options.
Commonwealth Bank Credit Card Comparison
| Interest Rate (p.a.) | Cash Advance Rate (p.a.) | Balance Transfer Rate (p.a.) | Annual fee | Interest Free Days | |||
|---|---|---|---|---|---|---|---|
 |
A credit card with a low rate on balance transfer and purchases with low annual fee. |
13.49% p.a. | 21.74% p.a. | 5.99% p.a. for 5 months | $78 ($48 for qualifying customers) | 55 |   |
 |
With no annual fee on qualifying accounts, this Commonwealth Bank Low Fee Credit Card certainly lives up to its name. |
20.24% p.a. | 21.74% p.a. | 5.99% p.a. for 5 months | $24 ($0 for qualifying customers) | 55 | |
 |
A low fee credit card deal with gold card benefits |
20.24% p.a. | 21.74% p.a. | 5.99% p.a. for 5 months | $90 ($0 for qualifying customers | 55 | |
 |
Enjoy gold benefits with a low interest rate on purchases |
13.49% p.a. | 21.74% p.a. | 5.99% p.a. for 5 months | $120 ($90 for qualifying customers) | 55 | |
 |
This is a platinum card in the truest sense of the word! Earn 3 award points for every $1 spent. |
20.74% p.a. | 21.74% p.a. | 5.99% p.a. for 5 months | $280 ( $250 for qualifying customers) | 55 | |
 |
Get two cards in one with this great deal from Commonwealth Bank. |
20.74% p.a. | 21.74% p.a. | 5.99% p.a. for 5 months | $144 ($114 for qualifying customers) | 55 | |
 |
The Commonwealth Bank Awards Credit Card is a truly balanced card... |
20.74% p.a. | 21.74% p.a. | 5.99% p.a. for 5 months | $89 ($59 for qualifying customers) | 55 | |
Commonwealth Bank Credit Card Options
Commonwealth offers many different MasterCard and American Express Card options. All of these cards have favourable fees and interest rates. Also, low introductory rates are available through most of the cards offered.
The Commonwealth Bank Awards Card is relatively new, though this card is proving to be quite popular. With a rewards program that earns 1.5 rewards for every $1 spent, gathering awards is easy to do. This card comes with an APR of 20.74% p.a. in addition to an annual fee of $89 ($59 for qualifying customers). If you enjoy earning rewards quickly, then this card may be the one for you.
Another card worth taking a look at is the Commonwealth Bank Low Rate Card. If you are tired of paying high interest rates, then this card may be a godsend. The Low Rate Card offers cardholders a rate of 13.49% p.a. with a $78 ($48 for qualifying customers) annual fee.
Even though the Low Rate Card doesn't come with any kind of rewards program, the fact that this card has a very low interest rate may be more important than a rewards program to some customers.
Bottom-line: The Commonwealth Bank offers competitive credit cards for everyday Australians. Whether you are looking for a card with a low interest rate or a card that offers a good rewards program, Commonwealth cards easily compare to other similar cards offered by competing banks.
After taking a closer look at the cards offered by Commonwealth, you may discover that this bank offers a card for nearly every personality and budget. Go ahead and compare the cards offered by Commonwealth you'll soon find one that works for your lifestyle.
