Business Awards credit card

Perfect for those looking for a competitive interest-free period on purchases and to reward themselves for business purchases.
Category: Credit and Charge Cards  Last Updated June 3, 2026  Effective June 3, 2026

 General Lending Rates

Rates listed below are for a product. Additional Information
Interest Rate
NA PA
Comparison Rate
NAPA*
Product rates will vary depending upon your financial position< LVR, and other criteria. The product may also vary depending upon the rate type, repayment type, or loan purpose. We encourage you to contact us for a full understanding of the product and terms.
Product Variations
Product rates and conditions will usually vary based on the LVR and other conditions..
  , PURCHASE, 20.74%
  • Lending Rate Type: Purchase
  • Interest Rate: 20.74%, Comparison Rate 0.00%
  • Repayment Type:
  • Loan Purpose:

 Product Features

  • Additional Cards Additional Information: Adding an additional cardholder is an easy way to share the convenience and accessibility of your CommBank credit card, without opening a new account. You can have one additional cardholder and they must be at least 16 years old. They'll get a card with their name but with your account number.
  • Other Additional Information: Streamline your business banking and save time with automatic data feeds from your online banking to your accounting software.
  • Bill Payment Additional Information: Through AutoPay, you can choose to have the full closing balance, the minimum amount due, or set an amount debited from your chosen CommBank transaction account. If the set amount isn't enough to cover the minimum payment shown on your current statement, we'll take out more to cover the difference. If the set amount is more than your closing balance shown on your current statement, only the closing balance amount is debited.
  • Bill Payment Additional Information: With BPAY View you can switch to online bills & ask billers to send them directly to the CommBank app or NetBank, making it easy to see, track, and pay bills online.
  • Insurance
  • Insurance
  • Loyalty Program Additional Information: Access the CommBank Awards program and earn Awards points as soon as you start using your CommBank Awards credit card. You can earn points on everyday credit card purchases with no expiry on points, redeem Awards points for a range of Awards items on the Awards site including at Myer, Gift Cards or cashback, easily check your Awards points balance in NetBank or the CommBank app and earn Bonus Points when you make purchases with your credit card at one of our bonus partners including the Bonus Points eShop.
  • Loyalty Program Additional Information: Opt-in to earn Qantas Points for $30 a year and join the Qantas Frequent Flyer program for free. How you earn or redeem CommBank Awards points will be subject to the CommBank Awards Program Terms & Conditions. You only earn points 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). Awards and the number of points required for Awards are subject to change at any time without notice. If you opt-in to earn Qantas Points, your CommBank Awards points earnt earned each month are automatically transferred to your Qantas Frequent Flyer account at the end of each statement period, at the rate of 2.5 CommBank Awards points to 1 Qantas Point. Points transferred to your Qantas Frequent Flyer account are captured on your CommBank credit card statement.
  • Loyalty Program Additional Information: Earn 1 Awards points for every dollar you spend on your Mastercard. Earn up to 60,000 points per year. Earn Bonus Points when you make purchases with your credit card at one of our bonus partners including the Bonus Points eShop. Bonus points do not expire and there is no cap on how many bonus points you can earn each year. The earning and redemption of CommBank Awards points are subject to the Commonwealth (CommBank) Awards Program Terms & Conditions.
  • Other Additional Information: A program available exclusively to Mastercard cardholders that provides access to unforgettable experiences in the cities where you live and travel.
  • Complementary Product Discounts Additional Information: Access a range of travel benefits through Travel Booking (provided by Hopper) for eligible customers.
  • Cashback Offer Additional Information: Get cashback when you activate and redeem your CommBank Yello offers. Available to eligible Mastercard cardholders in the CommBank app.
  • Digital Banking Additional Information: We help you stay on track with your debit and credit card spending in the CommBank app.
  • Digital Banking Additional Information: Wherever you are in the world, CommBank gives you the choice and control to securely manage all of your accounts on a range of devices, the way you want.
  • Digital Wallet Additional Information: Pay with your Apple(TM) device using Apple Pay.
  • Digital Wallet Additional Information: Pay with your Android(TM) phone using the CommBank app.
  • Digital Wallet Additional Information: Pay with your Garmin(TM) smartwatch using Garmin Pay.
  • Digital Wallet Additional Information: Pay with your Android(TM) device using Google Pay(TM).
  • Digital Wallet Additional Information: Pay with your Samsung(TM) device using Samsung Pay.
  • Instalment Plan Additional Information: Pay off eligible purchases or credit card balances in fixed monthly instalments. A set-up fee of 2%-5% of the purchase amount may apply on purchase plans depending on the term. Otherwise interest is charged on the plan amount.
  • Fraud Protection Additional Information: Instantly lock, block or limit your credit card for extra control through the CommBank app or NetBank.
  • Interest Free Additional Information: Up to 55 days. We won't charge any interest on purchases if you pay at least the closing balance shown on your statement by the due date each and every month.
  • Notifications Additional Information: Reminders before payments are due to avoid late fees.
  • Notifications Additional Information: Turn Transaction Notifications on in the CommBank app and we'll instantly alert you when you pay using your CommBank credit card, and when you receive money into your everyday account.
  • Other Additional Information: Use QR Cardless to withdraw cash or deposit notes, coins and cheques (subject to product eligibility) by using the latest version of the CommBank app to scan a QR code at a compatible CommBank ATM.

 Product Eligibility

  • Business Additional Information:
  • Min Age - 18. Additional Information: The additional cardholder may be 16 years of age or older.
  • Residency Status - Au. Additional Information: Available to citizens or permanent resident of Australia and valid visa holders. Make sure you are legally allowed to work in Australia.
  • Residency Status - Nz. Additional Information: Available to citizens or permanent resident of NZ and valid visa holders. Make sure you are legally allowed to work in Australia.
  • Natural Person Additional Information: The account holder must be a natural person.
  • Other Additional Information: Each application for credit is assessed on the ability of the applicant to service debt (limit) based on the financials supplied in the application.
  • Other Additional Information: Applications for credit cards are subject to credit approval.

 Bank Fees and Charges

  • Additional Cardholder Fee (Periodic), Amount: 75.00. Additional Information: Pay no additional cardholder fee to share the convenience of your card with an additional cardholder.
  • Annual Fee (Periodic), Amount: 100.00. Additional Information: Payable each year, giving you access to the features and benefits of your credit card.
  • Late Payment Fee (Event), Amount: 20.00. Additional Information: When you don't make your minimum monthly payment, plus any overdue amount, by your statement due date.
  • Overlimit Fee (Event), Amount: 10.00. Additional Information: When we first allow you to go over your credit limit in a statement period.
  • Emergency Issue/ Lost/ Replacement Card Fee (Event), Amount: 20.00. Additional Information: When you need an emergency replacement card delivered to you.
  • Qantas Frequent Flyer Direct Fee (Periodic), Amount: 30.00. Additional Information: There is a $30 annual fee charged for opting in. Once a customer has opted in to Qantas Frequent Flyer Direct, all CommBank Awards points earned after opting in will be automatically redeemed for Qantas Points and transferred monthly to their Qantas Frequent Flyer account at the applicable conversion rate.
  • International Transaction Fee (mastercard And Visa Transactions) (Transaction), Amount: Not Listed.. Additional Information: When you make a transaction that is converted by Mastercard or Visa from a foreign currency to Australian dollars.
  • Atm Cash Advance Charge (Withdrawal), Amount: Not Listed.. Additional Information: Charge applies to cash advances through a terminal of any financial institution in Australia, at ASB Bank in New Zealand, Commonwealth Bank in Indonesia and Commonwealth Bank in Vietnam. 1.5% of the cash advance amount. A maximum charge of $150.00 applies (or a flat fee of $2.50 if your closing balance on the previous day was in credit).
  • Commonwealth Bank Over-the-counter Cash Advance Charge (Withdrawal), Amount: Not Listed.. Additional Information: Charge applies to cash advances at Commonwealth Bank Branches. $2.50 or 1.5% of the cash advance amount (whichever is greater). A maximum charge of $150.00 applies (or a flat fee of $2.50 if your closing balance on the previous day was in credit).
  • Non-commonwealth Bank Over-the-counter Cash Advance Charge (Withdrawal), Amount: Not Listed.. Additional Information: Charge applies to cash advance transactions made at other financial institutions within Australia. $3.00 or 1.5% of the cash advance amount (whichever is greater).A maximum charge of $150.00 applies (or a flat fee of $2.50 if your closing balance on the previous day was in credit).
  • Any Other Commonwealth Bank Network Cash Advance Charge (Withdrawal), Amount: Not Listed.. Additional Information: Charge applies to cash advances by way of funds transfer through NetBank, CommBiz, Phonebank Transfer, Commonwealth Bank Customer Service Centre, Australia Post, 132221 Transfer Case, NetBank Transfer Home Loan, Mobile Bank Transfer and NetBank Transfer Personal Loan. 1.5% of the cash advance amount. A maximum charge of $150.00 applies (or a flat fee of $2.50 if your closing balance on the previous day was in credit).
  • Overseas Terminal Or Bank Cash Advance Charge (Withdrawal), Amount: Not Listed.. Additional Information: $4.00 or 1.5% of the cash advance amount (whichever is greater). A maximum charge of $150.00 applies (or a flat fee of $4.00 if your closing balance on the previous day was in credit).
  • Cash Equivalent Items Or Cash Substitutes Cash Advance Charge (Purchase), Amount: Not Listed.. Additional Information: Charge applies to purchases of items we consider equivalent to cash, such as gambling, lottery tickets, money transfers or travellers cheques, including transactions which merchants tell us are for such items. 1.5% of the cash advance amount. A maximum charge of $150.00 applies (or a flat fee of $2.50 if your closing balance on the previous day was in credit).
  • International Transaction Fee (transactions In Australian Dollars But With An Overseas Connection) (Transaction), Amount: Not Listed.. Additional Information: When you make a purchase or obtain a cash advance in Australian dollars while overseas, or while in Australia (for example online) where the merchant, or the financial institution or entity processing the transaction, is located overseas. For cash advances, the cash advance fee will also apply.

 Limitations & Restrictions (Constraints)

  • Max Limit of 50000.00 Additional Information: Max $50,000.00 unsecured credit limit. Eligibility criteria applies.
  • Min Limit of 500.00 Additional Information: Min $500.00 credit limit. Note that the credit limit we will give you will depend on your ability to meet your repayments.

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