HomeCredit CardsCommBankUltimate Awards

CommBank Ultimate Awards Credit Card

The CommBank Ultimate Awards Credit Card offers . Ongoing benefits include CommBank Awards Points earned on eligible purchases, complimentary travel insurance, and no international transaction fees.


Updated 3 July 2025


Fact checked and verified. Updated 3 July 2025
Already have a credit card?

See if there's a better deal in 60 Seconds

Get Started

* See details below

Expert Review

The CommBank Ultimate Awards credit card is one of CommBank's premium low fee products. Featuring a competitive points earn rate which is uncapped, the card provides premium features such as insurances. Further, the product has a $35 monthly fee, including up to 44 interest free days. And for anyone who is planning on travelling or making purchases online from international companies, this product charges no foreign transaction fees, which can create significant savings.

Considering its key features, this card is most suitable to someone who wishes to be rewarded for their spend. Other benefits include no foreign transaction fees, which are commonly around 3 p.a., this product is great for anyone who makes overseas purchases online, or anyone planning on travelling overseas, Overseas Travel and Medical Insurance which is similar to equivalent products, no additional cardholder fees and an ongoing spend based annual fee waiver, when the customer spends $4,000 per month.

To get this offer, there will be certain eligibility criteria that you should be aware of before you apply.

Product Details
Our most rewarding credit card with uncapped points earning potential, exclusive travel benefits and no monthly fee for eligible customers."
- CommBank
Rewards

•

Earn CommBank Awards Points

•

1point per $1 spent up to $10,000, then 0.5 per statement

Fees
Account Fees

•

$35 monthly account fee, waived when you spend $4,000 in the month

Additional Cardholder Fees

•

No additional cardholder fee

•

Up to 1 additional cardholder

Transaction Fees

•

No international transaction fee

Other fees may apply.

Rates

•

20.99% p.a. variable purchase rate

•

21.99% p.a. variable cash advance rate

•

Up to 44 interest free days on purchases

Features
Insurance

•

Extended warranty insurance

•

Interstate Flight Inconvenience

•

Price Guarantee

•

Purchase security insurance

•

Transit Accident Insurance

•

International travel insurance

Offers
Already have this credit card?

See if there's a better deal in 60 Seconds

Get Started
TMD

Before applying for this product, you should read the Target Market Determination (TMD) available here on the CommBank website.

Alternative Credit Cards
More information
^ 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.
Terms of Use | Privacy Policy
Copyright © 2025 Stay or Go Pty Ltd
Stay or Go Pty Ltd (“Stay or Go”) provides information about and compares credit products in the Australian market and is authorised to do so as the holder of Australian Credit Licence 527092. We do not compare every credit product in the Australian market. We are not a credit provider and we do not provide credit assistance. When we provide information via this website, we are not providing you with a recommendation or suggestion about a particular credit product. When you apply for a credit product via our website, you are not applying with us, you are applying directly with the credit provider and will be redirected to their website. We endeavour to ensure that the information on this website is current and accurate however, before entering into any credit product with a credit provider displayed on our website, you should confirm the fees, rates, product information, and eligibility criteria with the credit provider and read the Target Market Determination (TMD) available via their website. All information on this website is general advice only and does not take into account your objectives, financial situation or needs. You should consider whether this advice is right for you and we encourage you to seek independent financial advice. The use of any trade name or trademark on this website is for identification, comparison and reference purposes only and does not imply any association with the trademark holder or their brand. Please refer to our Terms of Use for more details.