---
title: "Business Platinum credit card — CommBank"
description: "Credit & Charge Cards from CommBank. Rates, fees, features and eligibility as published under Australia's Consumer Data Right."
canonical: https://www.cdrcompare.au/brands/commbank/products/8df91527a5774d7bb795eebe2509f941
source: "CDR Compare"
language: en-AU
last_updated: 2026-10-15T02:15:40.000Z
---

# Business Platinum credit card — CommBank

> Credit & Charge Cards from CommBank. Rates, fees, features and eligibility as published by the provider under Australia's Consumer Data Right, compared on CDR Compare.

**Credit & Charge Cards**

Earn flexible rewards and enjoy up to 55 days interest-free to keep your cashflow in check.

## At a glance

- **Purchase rate:** 20.74%
- **Annual fee:** $75.00

## Apply

Applications are handled by the provider: [Apply at CommBank](https://www.commbank.com.au/business/business-credit-cards/business-awards-credit-cards/business-awards-platinum-credit-card.html)

## Interest rates

| Type | Rate | Comparison | Applies to |
| --- | --- | --- | --- |
| Purchase | 20.74% | — | — |
| Cash advance | 21.74% | — | — |

## Fees

| Fee | Type | Amount |
| --- | --- | --- |
| Additional cardholder fee — Charged yearly · Pay no additional cardholder fee to share the convenience of your card with an additional cardholder. | Ongoing | $75.00 |
| Annual Fee — Charged yearly · Payable each year, giving you access to the features and benefits of your credit card. | Ongoing | $300.00 |
| Late payment fee — 1 · When you don't make your minimum monthly payment, plus any overdue amount, by your statement due date. | Late payment | $20.00 |
| Overlimit fee — When we first allow you to go over your credit limit in a statement period. | Event | $10.00 |
| Emergency issue/ lost/ replacement card fee — When you need an emergency replacement card delivered to you. | Replacement | $20.00 |
| International transaction fee (Mastercard and Visa transactions) — When you make a transaction that is converted by Mastercard or Visa from a foreign currency to Australian dollars. | Transaction | 3% of transaction |
| ATM cash advance charge — Charge applies to cash advances through a terminal of any financial institution in Australia, at ASB Bank in New Zealand, Commonwealth Bank in Indonesia and Commonwealth Bank in Vietnam. 1.5% of the cash advance amount. A maximum charge of $150.00 applies (or a flat fee of $2.50 if your closing balance on the previous day was in credit). | Cash advance | 1.5% of transaction |
| Commonwealth Bank over-the-counter cash advance charge — Charge applies to cash advances at Commonwealth Bank Branches. $2.50 or 1.5% of the cash advance amount (whichever is greater). A maximum charge of $150.00 applies (or a flat fee of $2.50 if your closing balance on the previous day was in credit). | Cash advance | 1.5% of transaction |
| Non-Commonwealth Bank over-the-counter cash advance charge — Charge applies to cash advance transactions made at other financial institutions within Australia. $3.00 or 1.5% of the cash advance amount (whichever is greater).A maximum charge of $150.00 applies (or a flat fee of $3.00 if your closing balance on the previous day was in credit). | Cash advance | 1.5% of transaction |
| Any other Commonwealth Bank Network cash advance charge — Charge applies to cash advances by way of funds transfer through NetBank, CommBiz, Phonebank Transfer, Commonwealth Bank Customer Service Centre, Australia Post, 132221 Transfer Case, NetBank Transfer Home Loan, Mobile Bank Transfer and NetBank Transfer Personal Loan. 1.5% of the cash advance amount. A maximum charge of $150.00 applies (or a flat fee of $2.50 if your closing balance on the previous day was in credit). | Cash advance | 1.5% of transaction |
| Overseas terminal or bank cash advance charge — $4.00 or 1.5% of the cash advance amount(whichever is greater). A maximum charge of $150.00 applies (or a flat fee of $4.00 if your closing balance on the previous day was in credit). | Cash advance | 1.5% of transaction |
| Cash equivalent items or cash substitutes cash advance charge — Charge applies to purchases of items we consider equivalent to cash, such as gambling, lottery tickets, money transfers or travellers cheques, including transactions which merchants tell us are for such items. 1.5% of the cash advance amount.  A maximum charge of $150.00 applies (or a flat fee of $2.50 if your closing balance on the previous day was in credit). | Purchase | 1.5% of transaction |
| International transaction fee (Transactions in Australian dollars but with an overseas connection) — When you make a purchase or obtain a cash advance in Australian dollars while overseas, or while in Australia (for example online) where the merchant, or the financial institution or entity processing the transaction, is located overseas. | Transaction | 3% of transaction |

## Instalment plans

- **Plan splits** — 3–12 instalments
- **Concurrent plans** — Up to 50
- **Minimum plan value** — $100.00

## Features

- **Additional cards** — up to 1 (Adding an additional cardholder is an easy way to share the convenience and accessibility of your CommBank credit card, without opening a new account. You can have one additional cardholder and they must be at least 16 years old. They'll get a card with their name but with your account number.)
- **Streamline your business banking and save time with automatic data feeds from your online banking to your accounting software.**
- **Bill payment (BPAY)** — AutoPay (Through AutoPay, you can choose to have the full closing balance, the minimum amount due, or set an amount debited from your chosen CommBank transaction account. If the set amount isn't enough to cover the minimum payment shown on your current statement, we'll take out more to cover the difference. If the set amount is more than your closing balance shown on your current statement, only the closing balance amount is debited.)
- **Bill payment (BPAY)** — BPAY View (With BPAY View you can switch to online bills & ask billers to send them directly to the CommBank app or NetBank, making it easy to see, track, and pay bills online.)
- **Insurance included** — Transit Accident Insurance
- **Insurance included** — International travel insurance (International travel insurance, when customers spend at least $500 in a single transaction on prepaid travel costs (e.g. airline tickets, hotels, tours etc) using your credit card and activate your travel insurance before leaving Australia. You will also qualify if the $500 worth of prepaid travel costs is redeemed using CommBank Yello points or Travel Booking Credits. You will need to provide a copy of the letter/statement/email confirming the redemption. Cover is provided by XCover.com, a trading name of Cover Genius Pty Ltd (ABN 43 159 983 598, AFS Licence No. 490058), and underwritten by Allied World Assurance Company Ltd (ABN 54 163 304 907), for Commonwealth Bank of Australia (CBA), for Commonwealth Bank of Australia (CBA). Limitations, exclusions (including for pre-existing medical conditions and persons aged 80 years or over) and eligibility criteria apply. You need to upgrade your travel insurance in order to have a comprehensive or extended level of cover. Before acting on this information you should consider the appropriateness of the product with regard to your personal circumstances. See the Credit Card Insurances Product Disclosure Statement and Information booklet (PDF), Credit Card Travel Insurance TMD (PDF) and Financial Services Guide (PDF) for details. Commonwealth Bank and its related bodies corporate do not issue or guarantee this insurance. It does not represent a deposit with or liability of either Commonwealth Bank or any of its related bodies corporate. We 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, we (Commonwealth Bank) receive a commission which is a percentage of your premium.)
- **Insurance included** — Unauthorised Transactions Insurance
- **Loyalty program** — Qantas Frequent Flyer Program (From 1 October 2026, eligible customers enrolled into CommBank Yello with eligible CommBank credit cards will be able to opt in to have their CommBank Yello points converted to Qantas Frequent Flyer points. Customers can do this by visiting the CommBank app or NetBank, navigating to `CBA Yello` and selecting `Ways to redeem`. Qantas Frequent Flyer opt-in through CommBank Yello will only be available on selected eligible CommBank credit cards. Eligibility criteria, fees, conversion rates and terms and conditions will apply.)
- **Loyalty program** — CommBank Yello Program (Enjoy uncapped points earn based on your CommBank Yello tier if you're eligible for CommBank Yello. How you earn or redeem CommBank Yello points will be subject to the CommBank Yello Program Terms & Conditions. The earning and redemption of CommBank Yello Awards points are subject to meeting the eligibility criteria, including holding an eligible transaction account, as well as the applicable Yello terms and conditions.)
- **Discounts on other products** — Priceless Cities (A program available exclusively to Mastercard cardholders that provides access to unforgettable experiences in the cities where you live and travel.)
- **Digital wallet** — Apple Pay (Pay with your Apple(TM) device using Apple Pay.)
- **Digital wallet** — CommBank Tap and Pay (Pay with your Android(TM) phone using the CommBank app.)
- **Digital wallet** — Garmin Pay (Pay with your Garmin(TM) smartwatch using Garmin Pay.)
- **Digital wallet** — Google Pay (Pay with your Android(TM) device using Google Pay(TM).)
- **Digital wallet** — Samsung Pay (Pay with your Samsung(TM) device using Samsung Pay.)
- **Extra repayments** (While you have a SurePay instalment plan, payments are applied in accordance with our Terms and Conditions.)
- **Fraud protection** (Instantly lock, block or limit your credit card for extra control through the CommBank app or NetBank.)
- **Interest-free period** — 55 days (Up to 55 days. We won't charge any interest on purchases if you pay at least the closing balance shown on your statement by the due date each and every month.)
- **Notifications** — Payment reminders (Reminders before payments are due to avoid late fees.)
- **Notifications** — Transaction Notifications (Turn Transaction Notifications on in the CommBank app and we'll instantly alert you when you pay using your CommBank credit card, and when you receive money into your everyday account.)
- **Use QR Cardless to withdraw cash or deposit notes, coins and cheques (subject to product eligibility) by using the latest version of the CommBank app to scan a QR code at a compatible CommBank ATM.**
- **Digital banking** (We help you stay on track with your credit card spending in the CommBank app.)
- **Instalment plan** (The SurePay - Balance Plan is an instalment plan feature available to help you manage your credit card repayments. You can break down your credit card purchase balance into smaller, manageable instalments with a fixed term and no set up fee. Your card purchase interest rate, or special interest rate, will be applied to the balance and Terms and Conditions apply.)
- **Instalment plan** (The SurePay - Cash Advance Plan is an instalment plan feature available to help you manage your credit card repayments. You can break down your cash advance balance into smaller, manageable instalments with a fixed term and no set up fee. Your cash advance interest rate will apply to the balance and Terms and Conditions apply.)
- **Instalment plan** (The SurePay - Purchase Plan is an instalment plan feature available to help you manage your credit card repayments. You can split your purchases into smaller, manageable instalments with a fixed term and 0% interest rate for purchases in an instalment plan. A set-up fee and minimum term applies and is subject to Terms and Conditions. The SurePay - Purchase Plan is considered an Instalment Feature of the account. For further information refer to the BankingProductInstalments Open Banking API.)

## Eligibility

- **Business customers**
- **Minimum age** — 18 years (The additional cardholder may be 16 years of age or older.)
- **Individuals only** (Individuals must have the legal capacity to enter into the loan contract.)
- **Each application for credit is assessed on the ability of the applicant to service debt (limit) based on the financials supplied in the application.**
- **Applications for credit cards are subject to credit approval.**
- **Residency status** — AU (Available to citizens or permanent resident of Australia and valid visa holders. Make sure you are legally allowed to work in Australia.)
- **Residency status** — NZ (Available to citizens or permanent resident of NZ and valid visa holders. Make sure you are legally allowed to work in Australia.)

## Constraints

- **Maximum limit** — $50,000.00 (Max 50,000.00 unsecured credit limit. Eligibility criteria applies.)
- **Minimum limit** — $6,000.00 (Min $6,000.00 Credit Limit. Note that the credit limit we give you will depend on your ability to meet your repayments.)

## More information from CommBank

- [Overview](https://www.commbank.com.au/business/business-credit-cards/business-awards-credit-cards/business-awards-platinum-credit-card.html)
- [Terms & conditions](https://www.commbank.com.au/content/dam/commbank/personal/apply-online/download-printed-forms/cc2-cou.pdf)
- [Eligibility](https://www.commbank.com.au/business/business-credit-cards/business-awards-credit-cards/business-awards-platinum-credit-card.html)
- [Fees & pricing](https://www.commbank.com.au/content/dam/commbank/business/pds/003-840-personal-liability-card-fees.pdf)

## Data provenance

- Published by CommBank under the Consumer Data Right
- Product ID: `8df91527a5774d7bb795eebe2509f941`
- Last updated by the provider: 15 October 2026
- Source payload (JSON): https://www.cdrcompare.au/api/raw/commbank/8df91527a5774d7bb795eebe2509f941
- Provider page: https://www.cdrcompare.au/brands/commbank
- CDR register entry: https://www.cdr.gov.au/find-a-provider?provider=000008

---

Source: [CDR Compare](https://www.cdrcompare.au/brands/commbank/products/8df91527a5774d7bb795eebe2509f941) — product data published by Australian data holders under the Consumer Data Right. Not financial advice; no rankings, recommendations or affiliate relationships. Always confirm details with the provider.

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