CommBank Diamond Awards - Qantas Credit Card

The CommBank Diamond Awards - Qantas Credit Card offers 70,000 bonus Qantas Points. Ongoing benefits include Qantas Points earned on everyday purchases, and complimentary travel insurance.

Updated 18 May 2022

* See details below

Expert Review

The CommBank Diamond Awards - Qantas credit card is one of CommBank's premium Qantas Frequent Flyer products. Featuring a competitive points earn rate, the card provides premium features such as insurances. Further, the product has a $379 annual fee, including up to 55 interest free days.

Considering its key features, this card is most suitable to someone who wishes to be rewarded for their spend. Other benefits include Overseas Travel and Medical Insurance which is similar to equivalent products.

Product Details
Earn up to 400,000 Qantas Points per year."
- CommBank

Earn Qantas Points

0.5points per $1 spent

400,000 annual points cap

Account Fees

$349 annual account fee

$30 rewards fee

Additional Cardholder Fees

$10 additional cardholder fee

Up to 1 additional cardholder

Transaction Fees

3.00% international transaction fee

Other fees may apply.


20.24% p.a. purchase rate

21.24% p.a. cash advance rate

Up to 55 interest fee days on purchases


Extended warranty insurance

Interstate Flight Inconvenience

Price Guarantee

Purchase security insurance

Transit Accident Insurance

International travel insurance

Bonus Points Offer

70,000bonus points

70,000 Bonus Qantas Points when you apply for a new Business Platinum Awards credit card by 30 June 2022 and spend $5,000 on eligible purchases within 90 days from activation
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Before applying for this product, you should read the Target Market Determination (TMD) available here on the CommBank website.

points per
$1 spend*
Alternative Credit Cards
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^ Credit card reward programs can be difficult to compare due to tiered and capped points earn rate structures. To simplify comparison, we estimate the number of points you could earn per $1 spent, assuming $5,000 of spend on eligible purchases each month.
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