Commonwealth Bank Credit Cards

Here in Australia, CommBank provides a wide range of services, including retail, business and institutional banking, superannuation and insurance. Under its umbrella are brands like Bankwest and Commonwealth Securities (CommSec).

But what about credit cards? CommBank's current range covers interest-free, low rate, low fee and rewards cards, plus personal liability cards for business owners. Since 29 September 2026, CommBank's rewards cards earn CommBank Yello points, replacing the old CommBank Awards program.

CommBank Credit Cards

Choosing between the various CommBank credit cards on offer means knowing what’s available and understanding what each option can offer you.

Interest-Free CommBank Credit Cards

The CommBank Neo charges 0% p.a. interest and no late fees. Instead, you pay a flat monthly fee of $15, $20 or $25 depending on your credit limit ($1,000, $2,000 or $3,000). The fee is waived in any statement period where you have no processed transactions and you’ve paid your previous closing balance in full. CommBank also offers an Interest-free Low Fee credit card with credit limits of $400 to $1,500.

CommBank Low Rate Credit Cards

The Commonwealth Bank Low Rate Credit Card offers a personalised purchase rate of 10.99% p.a. to 15.99% p.a., based on your credit profile and reviewed periodically. It charges a $6 monthly fee and gives you up to 55 days interest free on purchases.

Low Fee CommBank Credit Cards

The Commonwealth Bank Low Fee Credit Card has a 20.99% p.a. purchase rate and a $3 monthly fee, which is waived in any statement period where you spend at least $300 on the card.

CommBank Rewards Credit Cards

The CommBank Ultimate Credit Card earns 0.5 to 1.5 CommBank Yello points per $1 on eligible purchases depending on your Yello tier, with no international transaction fees, 2 airport lounge passes a year and access to included international travel insurance (conditions apply). Its $35 monthly fee is waived when you spend $4,000 in a statement period, but this waiver is removed from 1 January 2027. CommBank also offers a Smart credit card that earns CommBank Yello points, with a $19 monthly fee.

CommBank Business Credit Cards

For business owners, CommBank offers the Commonwealth Bank Business Low Rate Credit Card (no annual fee and a low purchase rate, but no interest-free days), the Commonwealth Bank Business Interest-Free Days Credit Card (up to 55 days interest free on purchases) and the CommBank Business Platinum Credit Card, which earns uncapped CommBank Yello points on eligible business spend. These are personal liability cards, which means you – not the business – are responsible for all amounts charged to the card.

Comparing CommBank Credit Cards

Before you apply for a CommBank credit card, it’s important to compare your options. Choosing the right option means understanding why each feature matters and what it could offer you.

If you’re looking for a basic, low cost card

Not everyone needs a credit card loaded with features and extras. Cards packed with features, and cards that earn rewards, generally charge more in fees and interest. If you don’t need these extras, a simple card such as the CommBank Neo, with a flat monthly fee and no interest, could help you keep costs predictable.

If you want to save money on fees

A low fee card such as the Commonwealth Bank Low Fee Credit Card could suit you if you use your card regularly and want to keep fees down. Spend at least $300 in a statement period and you won’t pay that month’s $3 fee. With its higher purchase rate though, it’s best not to carry a balance on this card.

If you’re looking to save on interest

If you tend to carry a balance, interest charges can really stack up. A low rate card such as the Commonwealth Bank Low Rate Credit Card could help you pay less interest when you don’t clear your balance month-to-month. If you’d rather not pay interest at all, the CommBank Neo replaces interest with a flat monthly fee.

If you want to earn rewards

CommBank’s rewards cards now earn CommBank Yello points. To earn and redeem points you’ll need to meet CommBank Yello eligibility criteria, including holding an eligible transaction account. You can redeem or transfer points through CommBank Yello in the CommBank app, and Ultimate cardholders can opt in to earn Qantas Points through the CommBank Yello Hub from 1 October 2026. Read our CommBank Ultimate Credit Card review to find out more.

If you want to enjoy some extras

Some credit cards are packed with extras, such as travel credits, airport lounge access and included insurances. These generally come at a cost, so it’s worth working out how much value you’d get from them compared with the card’s fees. On CommBank’s cards, the extras are mostly found on the Ultimate card, including monthly travel and dining credits, lounge passes and cracked screen cover. Always read the PDS to find out what any included insurance covers.

CommBank Introductory Offers

Credit card providers use introductory offers to entice new cardholders to sign up. Offers are always changing, so you need to know what to look out for – and why each one may work for you.

Cashback Offers

Some CommBank cards offer cashback to new cardholders who meet a minimum monthly spend for a set number of months. Check how much you need to spend each month, which transactions count, and whether you’re excluded because you’ve held a similar card recently.

Bonus Rewards Points Offers for New Cardholders

Crediting new cardholders with bonus rewards points, bonus points offers can provide a great boost to your points balance. To reveal the value in these offers, check whether a minimum spend is required to be eligible, and look at what the points equate to in terms of travel or gift cards.

Balance Transfer Offers

With a balance transfer offer, you pay low or no interest on a transferred balance over an introductory period. CommBank isn’t currently advertising a balance transfer offer on its credit cards, so if that’s what you’re after, compare balance transfer cards from other providers.

Choosing CommBank for a Credit Card

As one of Australia’s largest banks, Commonwealth Bank certainly has a lot to offer. By comparing the options available, you can decide whether a CommBank credit card is right for you. To find out more about each CommBank credit card, simply click through and read our review.