---
title: "Business Platinum Awards 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: 2026-08-29T02:15:40.000Z
---

# Business Platinum Awards 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 |
| Qantas Frequent Flyer Direct fee — Charged yearly · There is a $30 annual fee charged for opting in. Once a customer has opted in to Qantas Frequent Flyer Direct, all CommBank Awards points earned after opting in will be automatically redeemed for Qantas Points and transferred monthly to their Qantas Frequent Flyer account at the applicable conversion rate. | Ongoing | $30.00 |
| 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** — Price Guarantee (Cover provided for the difference in price of a purchase if the same business item or personal good is advertised for a lower price in store within 21 days of purchase, within 25 kilometres of the store it was purchased. Provided the price difference is greater than $75, we will refund the price difference up to a maximum amount of $500 for any one item, set or pair items (including attached and unattached accessories). This is subject to conditions, exclusions, limits, sub-limits and terms. Refer to the Credit Card Insurances Product Disclosure Statement and Information Booklet for full details.)
- **Insurance included** — Transit Accident Insurance
- **Insurance included** — International travel insurance (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, or Travel Booking travel credits. You will need to provide a copy of the letter/statement/email confirming the redemption, or a screenshot of the Travel Booking confirmation with the payment method. 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.)
- **Insurance included** — Unauthorised Transactions Insurance
- **Loyalty program** — Qantas Frequent Flyer Program (Opt-in to earn Qantas Points for $30 a year and join the Qantas Frequent Flyer program for free. Earn 0.4 Qantas Points for every dollar you spend on your Awards Mastercard - up to 120,000 points a year. How you earn or redeem CommBank Awards points will be subject to the CommBank Awards Program Terms & Conditions. You only earn points on eligible transactions (this excludes, for example, BPAY transactions, cash advances, balance transfers and payments to the Australian Taxation Office unless made using a Business Awards card). Awards and the number of points required for Awards are subject to change at any time without notice. If you opt-in to earn Qantas Points, your CommBank Awards points earnt earned each month are automatically transferred to your Qantas Frequent Flyer account at the end of each statement period, at the rate of 2.5 CommBank Awards points to 1 Qantas Point. Points transferred to your Qantas Frequent Flyer account are captured on your CommBank credit card statement.)
- **Loyalty program** — CommBank Awards Program (Access the CommBank Awards program and earn Awards points as soon as you start using your CommBank Awards credit card. You can earn points on everyday credit card purchases with no expiry on points,  redeem Awards points for a range of Awards items on the Awards site including at Myer, Gift Cards or cashback, easily check your Awards points balance in NetBank or the CommBank app and earn Bonus Points when you make purchases with your credit card at one of our bonus partners including the Bonus Points eShop.)
- **Loyalty program** — Business Platinum Awards Points Earn Structure (Earn 1 Awards points for every dollar you spend on your Mastercard. Earn up to 300,000 points per year. Earn Bonus Points when you make purchases with your credit card at one of our bonus partners including the Bonus Points eShop. Bonus points do not expire and there is no cap on how many bonus points you can earn each year. The earning and redemption of CommBank Awards points are subject to the Commonwealth (CommBank) Awards Program Terms & 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.)
- **Discounts on other products** — Travel Booking by Hopper (Access a range of travel benefits through Travel Booking (provided by Hopper) for eligible customers.)
- **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: 29 August 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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