Hey there, are you a CommBank credit card holder? If so, you’re probably enjoying the rewards and benefits that come with your plastic.
But did you know there are a few extra perks you could be taking advantage of? As one of Australia’s biggest banks, CommBank offers some solid credit cards with useful extras you may not even realize you have access too.
Before you miss out on more freebies and deals, check out some of the best benefits of CommBank credit cards you need to know about. Whether you’re looking to earn more Qantas Points or save on your weekly shop, your CommBank credit card could be working a lot harder for you.
Read on to make the most of your card and never miss an opportunity to get more bang for your buck.
CommBank Credit Card Rewards and Benefits You Should Know About
CommBank offers some sweet credit card perks you may not even know about. Get the most from your card by taking advantage of these rewards and benefits.
Earn bonus points for dining and entertainment. You’ll get 3x the points for every $1 spent at restaurants, bars, cafes and on streaming services like Netflix or Spotify. For a fun night out with friends or a cozy night in, these bonus points add up quick.
Travel benefits that take you further. Use your points to book flights, hotels, cruises and more with over 150 travel partners. Get 20% off select hotels when you book through CommBank Travel and save on baggage fees with major airlines. For big trips, the travel insurance coverage can give you extra peace of mind.
Insurance that protects what matters. Speaking of insurance, CommBank credit cards come with complimentary coverage like purchase protection, extended warranty, and price guarantee. Buy an item and find a lower price within 21 days? You’ll get the difference refunded. Drop or damage something new? You’re covered for up to $10,000 per claim.
Exclusive experiences money can’t buy. Redeem points for once-in-a-lifetime events like backstage passes, VIP access or meet and greets with your favorite artists, athletes and celebrities. These are experiences you’ll remember forever.
With rewards and benefits like these, your CommBank credit card can take you places and gain you access in ways you never expected. Start earning and redeeming today – the opportunities are endless!
How to Maximize Your CommBank Credit Card Points
With a CommBank credit card in your wallet, you have access to rewards and perks that can save you money. But are you maximizing what’s available? Here are a few tips to help you get the most from your card.
Pay on time and keep low balances. Pay at least the minimum by the due date to avoid fees, but aim to pay the full balance when possible. High balances hurt your credit score and mean more interest charges.
Choose the right card for you. If you dine out a lot, the Awards card gives bonus points for restaurants. The Platinum card is great for travel with travel insurance and airport lounge access. Find one that matches your spending habits.
Take advantage of bonus points offers. Activate any bonus points promotions to earn extra on your spending. These short-term offers can add up to a lot of free points if you time larger purchases well.
Redeem your points for the best value. Use your points for gift cards to get the full cent-per-point value. Or redeem for travel and get up to 10% more value. For big redemptions, the Points Plus Pay option allows you to use points for part of the cost and pay the rest.
Refer friends to earn more. With the CommBank credit card referral program, you can earn bonus points for referring friends and family. The more people who apply and are approved, the more points you earn.
Keep an eye out for additional perks. CommBank frequently offers cardholder benefits like VIP event access, special rates with partners, and giveaways. Check your statements, emails and the CommBank website regularly so you never miss out on a perk.
Maximizing your CommBank credit card is easy when you know how. Take advantage of all the benefits and rewards available to you to get the most from your card membership.
FAQs: CommBank Credit Cards
CommBank offers several types of credit cards to suit different needs and lifestyles. Here are some common questions about their credit card options:
Q.What cards does CommBank offer?
CommBank offers a range of Visa and Mastercard credit cards including:
- Low Rate Card – A simple card for occasional use with a lower interest rate.
- Awards Card – Earn points for everyday spending that can be redeemed for rewards.
- Platinum Card – A premium card that provides travel insurance, concierge service and airport lounge access.
Q.What are the interest rates?
Interest rates vary depending on the type of card. Rates are generally lower for Low Rate and Awards cards (around 12-20% p.a.) and higher for Platinum cards (around 20-25% p.a.). Interest is charged on balances that are not paid in full each month. It’s best to pay on time and in full whenever possible to avoid interest charges.
Q.Are there any fees?
Most CommBank credit cards have a $0 annual fee. Some premium cards like the Platinum Card charge an annual fee of around $200 which is waived for the first year. Late payment fees apply if the minimum payment is not made by the due date. Cash advance fees may also apply if you withdraw cash using your card. Additional fees may be charged for going over your credit limit.
Q.How do I apply?
You can apply for a CommBank credit card on their website, in branch or over the phone. You will need to provide details such as your income, expenses and other loan commitments to determine your eligibility and credit limit. Existing CommBank customers may be pre-approved for certain cards based on their credit history and relationship with the bank.
Conclusion
So there you have it, folks. CommBank credit cards come with a host of benefits for cardholders that many of us don’t even realize. From travel insurance and airport lounge access to bonus points offers and fraud liability cover, these cards provide real value beyond just earning rewards.
The next time you’re about to make a purchase, take a second to think if using your CommBank credit card could end up saving you money or making your life a little bit easier. You work hard for your money, so why not put these benefits to work for you? Do yourself a favor and check if your current CommBank credit card offers any of these perks.
You may just find yourself a few hundred dollars richer or enjoying a relaxing lounge experience on your next getaway. The benefits are there, you just have to use them.