CommBank Smart Awards credit card

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 $90 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 credit card provides cover for you, your spouse and your accompanied children for return trips from Australia, up to a set period when you spend at least $500 on a single prepaid travel transaction using your eligible credit card account. You will need to activate your travel insurance for each trip in order to receive any cover, including Overseas Medical cover. You will also qualify if the $500 worth of prepaid travel costs is redeemed using CommBank Awards points. You will need to provide a copy of the letter/statement/email confirming the redemption.  To activate your cover, register on NetBank, the CommBank app or call Cover-More on 1300 467 951 before you travel. Terms, conditions, restrictions, exclusions (including for pre-existing medical conditions and persons aged 80 years or over), benefit limits, sub-limits and excesses apply. Before making a decision, refer to the Credit Card Insurances Product Disclosure Statement and Information Booklet 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. CBA 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, CBA receive a commission which is a percentage of your premium. View more information

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

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. Correct as at 21 February 2023.

Disclaimer: ^^ Bonus Points: Offer commenced 1 March 2025 and is only available on new Smart Awards credit cards applied for. Offer not available to customers who currently hold, or have held, any activated Awards card types in the 18 months prior as a primary cardholder or customers who switch from other card types.

Disclaimer: 12,500 Qantas Points will be awarded every month (statement period ) when $1,500 or more is spent on eligible purchases for 4 consecutive statement periods. Maximum bonus points available is 50,000 Qantas Points. The first eligible spend period will commence from the day your account is opened, up to the end of your second statement period. After this date, the offer spend requirements will align to each statement period that follows until exhausted. Transactions must be fully processed and any pending transactions at the end of the statement period will not count towards the spend criteria. Cash advances and refunds (including CommBank Yello cashback offers) are not included as eligible transactions.

Disclaimer: To be awarded the bonus Qantas Points, 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 for each statement period. If you opt-in to Qantas Points in your credit card application, or after applying but before you meet each offer eligibility criteria, you will receive the monthly Qantas Points in place of CommBank Awards each month. Points are initially accrued as Awards points in the CommBank Awards Program and will be automatically converted, at the end of the next statement period, into Qantas Points and transferred to your Qantas Frequent Flyer account after meeting the eligibility criteria. If you don’t opt-in to Qantas Points, or you opt-out of Qantas Points prior to meeting the spend eligibility criteria, you will receive the monthly CommBank Awards points each month. 

Disclaimer: The earning and redemption of CommBank Award points are subject to the CommBank Awards Program Terms and ConditionsOpens in a new tab or window. Once CommBank Awards points are transferred to Qantas Points, they are governed by the terms and conditions of the Qantas Frequent Flyer program available at Frequent Flyer Terms and ConditionsOpens in a new tab or window and cannot be converted back to CommBank Awards points or redeemed under the CommBank Awards Program.

Disclaimer: Bonus points will be credited within 90 days of each eligible statement period where the spend criteria has been met and will appear on your statement as ‘BONUS AWARDS’. You will be ineligible for the bonus points if your account is closed, switched to another card or in default at any time prior to the bonus points being credited to your account.