Vertical thumb commbank qantas gold awards card

Commonwealth Bank Gold Awards Credit Card

The CommBank Gold Awards Credit Card earn you up to 2 Awards points for every dollar you spend, enjoy complimentary insurances, best of class card security and global acceptance at 35 miilion locations.

  • Up to 55 days interest free - on purchases
  • MasterCard PayPass - Tap and Go for purchases under $100
  • Transactions updated instantly - so you’ll always know where you stand
  • Location mapping of your card activity - so you can track where you made your transactions
  • Control your security and spending - ability to instantly lock international payments, block ATM cash advances and limit your spending through the CommBank app or on NetBank, full details below the table.
  • Minimum credit limit - of $4,000
  • International travel insurance - included with your card for no additional charge
  • Additional credit card - for $15 p.a.
  • Global Acceptance - at over 35 million locations worldwide
  • Card replacement - 24/7 emergency assistance overseas if you lose your card
  • Access entertainment experiences and offers exclusively for MasterCard cardholders - through Priceless Sydney and MasterCard Privileges
  • Our 100% money back guarantee - you’ll never be liable for fraudulent use of your credit card
  • 24-hour fraud protection - detects any abnormal transactions or spending patterns
  • Secure internet shopping - with NetCode
  • Purchase security insurance - repair or replacement of most purchases if lost, stolen or damaged within 90 days
  • Extended warranty insurance - most purchases will gain up to one extra year’s warranty on top of the manufacturer’s Australian warranty.
  • MasterCard® Zero Liability - provides peace of mind of free protection against fraud and other unauthorised transactions made with your card
  • Qantas Point Transfer - For an annual fee of $30, redeem for Qantas points instead of Awards points at the rate of 1 Qantas point = 2.5 CommBank Award points


Award Point Earn Rates

Linked American Express Credit Card

  • Earn 2 Awards points per $1 spent overseas (including purchases made online at overseas websites) and at supermarkets, department stores and petrol stations in Australia. 
  •  Earn 0.5 Awards points per $1 spent everywhere else. 

MasterCard or Visa Card

  • Earn 1 Awards points per $1 spent. 

Earn a maximum of 75,000 Awards points per year (60,000 points per year if you have opted-in to Qantas Frequent Flyer Direct) 

Credit Card Details
Provider Commonwealth Bank
Prestige Level Gold
Credit Card Type American Express and MasterCard
Instant Approval Yes in 60 seconds
Standard Rates
Purchase Rate 20.24% p.a.
Cash Advance Rate 21.24% p.a.
Interest Charged From Purchase date
Interest Free Period Up to 55 days
Balance Transfer
Balance Transfer Rate 5.99%
Balance Transfer Period 5 months
Balance Transfer Fee -
Balance Transfer Processing Time -
Max. Balance Transfer -
Revert rate -
Intro Offer No
Offer end date -
Rewards Program CommBank Awards
Rewards Points -
Acceptance Criteria
Age to Apply 18
Min. Income -
Residency Australia
Temporary residents Yes with 457 Visa
Min. Credit Limit -
Joint applicants No
Fees & Terms
Min. Monthly Repayment $25
Annual Fee $119
Over Limit Fee $10
Duplicate Statement fee $0
Late Payment Fee $20
Min. Monthly Repayment % 2%
Max. Credit Limit -
Cash advance fee $2.50 or 2.00% of the transaction amount whichever is greater
Additional card holder fee $15
Travel & Insurance
Foreign currency conversion fee $2.50 or 2.00% of the transaction amount whichever is greater
Overseas atm withdrawal fee $2.50
Complimentary travel insurance Yes on medical and hospital expenses, theft/damage/loss; delayed baggage and car hire excess

Compare this product in other categories

What happens when I click "Go to site"?

  • 1

    Clicking Go to site will direct you to the providers web site

  • 2

    Complete the online application on the providers web site

  • 3

    Once approved the provider will issue your new product, delivery times will vary by provider.