CommBank Smart Awards credit card

Disclaimer: *Offer available on new Smart Awards credit cards applied for between 3 Jun 2023 and 30 Sep 2023. Offer not available on all other card types, existing cards, and switches from other card types and is not available to customers who currently hold, or have held, any activated Awards card types in the 12 months prior as a primary cardholder. You will be ineligible for the bonus Qantas Points if your credit card account is closed, transferred, or in default at any time prior to the points being credited to your account.

To be eligible for the 50,000 bonus Qantas Points on a new Smart Awards card, you must opt-in to Qantas Points in your CommBank credit card application or via the CommBank Awards website prior to meeting the spend criteria. You need to spend at least $4,000 on eligible purchases (excludes balance transfers, cash advances and any purchase that is reversed or refunded) using your new card within the first 90 days of activation. 

Disclaimer: You need to opt-in to Qantas Points in your CommBank credit card application and meet the offer eligibility criteria to receive the Bonus Qantas Points associated with this offer. To opt-in to Qantas Frequent Flyer, visit the CommBank Awards website Redeem Travel page or call 13 16 61. There is a non-refundable $60 annual fee for opting-in. You must be a Qantas Frequent Flyer member to earn and redeem Qantas Points. If you are not a Qantas Frequent Flyer member, the membership joining fee will be waived if you apply and receive a CommBank Smart Awards credit card and join for free . Membership and Qantas Points are subject to the terms and conditions of the Qantas Frequent Flyer program, available at qantas.com/terms. 

Disclaimer: Your Qantas Frequent Flyer account must be active and the account name must be identical to your CommBank Awards credit card primary cardholder name for points to be transferred. Bonus points will appear on your credit card statement as ‘Bonus Awards’ within 90 days of you meeting the eligibility criteria. If you opt-out of Qantas Points prior to meeting the eligibility criteria, you will receive the bonus CommBank Awards Points associated with this offer (80,000 CommBank Awards points for a CommBank Smart Awards card) in place of Qantas Points. 

Disclaimer: The earning and redemption of CommBank Award points are subject to the CommBank Awards Program Terms and ConditionsOpens external site in a new window. Once CommBank Awards points are transferred to Qantas Points, they are governed by the terms and conditions of the Qantas Frequent Flyer program and cannot be converted back to CommBank Awards points or redeemed under the CommBank Awards Program. Offer only available on one credit card per customer. CommBank reserves the right to close the offer prior to 30 September 2023.

Disclaimer: If you opt-in to earn Qantas Points, your CommBank Awards points earned each month are automatically transferred to your Qantas Frequent Flyer account at the end of each statement period, at a 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. Points are earned 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) and are subject to points capping depending on card type. How you earn or redeem CommBank Awards points will be subject to the CommBank Awards Program Terms and ConditionsOpens external site in a new window. Awards and the number of points required for Awards are subject to change at any time without notice.

Disclaimer: ^ Earn rate: Earn up to 0.6 Qantas Points per $1 spent at major Australian supermarkets, department stores, petrol stations, dining (cafes, restaurants & fast food) and utilities (electricity, gas & water). Earning these points depends on how the merchant categorises their business and provide us this information (directly or through their financial institution). You’re unable to get these points if you use an intermediary platform such as PayPal for these transactions. Earn up to 0.4 Qantas Points per $1 spent on all other purchases. Once you have spent $5,000 in any given statement period, you will earn 0.2 Qantas Points per $1 spent on any other purchases within that period.

Points Boost: Earn up to 0.8 Qantas Points per $1 spent on your highest eligible transaction (not exceeding $500) made in a statement period up to 400 Qantas Points. Points Boosts will be applied at the end of each statement period (in some instances, purchases at the end of the statement period may be allocated to the next statement period and may be identified as the highest Eligible Purchase for that statement period). They will appear on your credit card statement under the ‘Awards Transactions’ section.

Disclaimer: # Annual Fee: No monthly fee if you spend at least $2,000 on your Smart Awards credit card in your statement period. Otherwise the monthly fee is $19. Spend includes all purchases and cash advances made using your Smart Awards credit card, minus any refunds. This is for all transactions fully processed in the given statement period (not pending transactions). For international cash advances, the cash advance fee will apply. There is also a $60 opt-in fee per year which is non-refundable. The fee charged to your card when you opt-in to earn Qantas Points and each subsequent year on the anniversary of your opt-in. This is charged once per year on top of your regular credit card fees. Fee applies to each account opted-in to Qantas Points.

Disclaimer: ~ International travel insurance included on your CommBank credit card provides cover for you, your spouse and your accompanied children for return trips from Australia, up to a set period. You will need to activate your travel insurance for each trip in order to have a comprehensive level of cover. To activate your cover, register on NetBank, the CommBank app or call Cover-More on 1300 467 951 before you travel. If you don’t activate you’ll receive Base medical which includes personal liability cover and unlimited overseas emergency medical assistance and hospital expenses only. Terms, conditions, restrictions, exclusions (including for pre-existing medical conditions and persons aged 80 years or over), limits, sub-limits and excesses apply. Before making a decision, refer to the Credit Card Insurances Product Disclosure Statement and Information BookletOpens external site in a new window for full conditions. Insurance products listed are issued and administered by Cover-More Insurance Services Pty Ltd (AFSL 241713, ABN 95 003 114 145) on behalf of the insurer Zurich Australian Insurance Limited (AFSL 232507, ABN 13 000 296 640) for Commonwealth Bank of Australia (CBA). CBA and its related bodies corporate do not issue or guarantee this insurance. It does not represent a deposit with or liability of either CBA or any of its related bodies corporate. We do not provide any advice on this insurance based on any consideration of your objectives, financial situation or needs. If you purchase an upgrade policy, we (CBA) receive a commission which is a percentage of your premium. More information can be found hereOpens external site in a new window.

Disclaimer: + International Transaction Fees: For international cash advances, the cash advance fee will apply.

Disclaimer: ** Mastercard® Airport Experience: To gain access to participating airport lounges, you must register your Smart Awards card on the Mastercard Travel Pass app or mastercardtravelpass.dragonpass.com, generate a membership QR code and present this along with your boarding pass for validation. Each time you visit a lounge, you will be charged a lounge visit fee on your Smart Awards card. You will also be charged a lounge visit fee for each additional guest you bring with you. Please note, your lounge access may be blocked if your primary account is closed, in arrears, reported lost or stolen, or has been blocked by us for any reason. To redeem an offer visit the Mastercard Travel Pass app or mastercardtravelpass.dragonpass.com to select your preferred offer and generate an offer QR code. Present the valid offer QR code to the cashier and redeem the offer. Please note, offers vary by location. For information on accessing lounges, offer locations, a full list of Terms and Conditions and Frequently Asked Questions, visit mastercardtravelpass.dragonpass.com/faq.

Disclaimer: Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. Credit cards issued by Commonwealth Bank of Australia ABN 48 123 123 124 Australian credit licence 234945. Commonwealth Bank of Australia is the credit provider and credit licensee under National Consumer Credit laws. Commonwealth Bank of Australia pays Qantas for Qantas Points issued in relation to these cards. Approval and credit limit is subject to Commonwealth Bank of Australia’s credit assessment criteria. Information, including interest rates and annual card fees, are subject to change. Terms, conditions, fees, charges and lending criteria apply. The target market for this product will be found within the product's Target Market Determination, available at commbank.com.au/tmdOpens external site in a new window Correct as at 21 February 2023.