The Commonwealth Bank (also know as “Commbank”) has been serving customers for almost one hundred years. It is a full-service financial institution that assists individuals and businesses… read more.
Our new Commonwealth Bank Awards American Express Card will earn you 1.5 Awards points for every $1 spent, along with a new level of privileges and rewards. Your Commonwealth Bank Awards MasterCard earns you 1 Awards point for every $1 spent and lets you enjoy the convenience of worldwide acceptance at over 29 million locations.
As an Awards cardholder your privileges include:
* Earn 1.5 Awards points for every $1 spent with American Express
* Emergency Travel Assistance for Commonwealth Bank American Express Cards
* globaleshop by American Express lets you shop at any online store in the US that doesn’t normally accept your Australian credit card or won’t normally deliver to an Australian address
* American Express Selects
* Internet fraud loss protection
* Secure Internet Shopping
* Enhanced chip protection with your MasterCard card
* Emergency card replacement and cash advances
* Access to MasterCard® applause
* MasterCard Global Service
As an example, where it may have taken around 21 months to earn enough Awards points for an iPod Nano this reward could be earned in only 14 months* by using your Awards American Express Card. *Based on an average spend of $2,000 per month.
The CBA Gold Card is being re-launched! New customers will now get an AMEX card in addition to the standard Master Card so that they can earn rewards faster in addition to the full list of benefits listed below as part of the Spectrum Awards Program.
Your new Commonwealth Bank Awards American Express Card will earn you 1.5 Awards points for every $1 spent, along with a new level of privileges and rewards. Your Commonwealth Bank Awards MasterCard earns you 1 Awards point for every $1 spent and lets you enjoy the convenience of worldwide acceptance at over 29 million locations.
As an Awards cardholder your privileges include:
* Earn 1.5 Awards points for every $1 spent with American Express
* Emergency Travel Assistance for Commonwealth Bank American Express Cards
* globaleshop by American Express lets you shop at any online store in the US that doesn’t normally accept your Australian credit card or won’t normally deliver to an Australian address
* American Express Selects
* Internet fraud loss protection
* Secure Internet Shopping
* Enhanced chip protection with your MasterCard card
* Emergency card replacement and cash advances
* Access to MasterCard® applause
* MasterCard Global Service
As an example, where it may have taken around 21 months to earn enough Awards points for an iPod Nano this reward could be earned in only 14 months* by using your Awards American Express Card. *Based on an average spend of $2,000 per month.
* Complimentary international travel insurance for return trips of up to 3 months
* Use your rewards for travel, hotels, shopping, vouchers and even donations to charities
* Travel easy with Travel Plus, our exclusive booking service, using your award points
* Enjoy the convenience of a complimentary additional card for a family member or friend
* Enjoy hassle free shopping online and while travelling overseas
* Secure Internet Shopping protects you against online card fraud, 24 hours a day, 7 days a week
The CBA Platinum Card is being re-launched! New customers will now get an AMEX card in addition to the standard Master Card so that they can earn rewards faster in addition to the full list of benefits listed below as part of the Spectrum Awards Program.
Your new Commonwealth Bank Awards American Express Card will earn you 1.5 Awards points for every $1 spent, along with a new level of privileges and rewards. Your Commonwealth Bank Awards MasterCard earns you 1 Awards point for every $1 spent and lets you enjoy the convenience of worldwide acceptance at over 29 million locations.
As an Awards cardholder your privileges include:
* Earn 1.5 Awards points for every $1 spent with American Express
* Emergency Travel Assistance for Commonwealth Bank American Express Cards
* globaleshop by American Express lets you shop at any online store in the US that doesn’t normally accept your Australian credit card or won’t normally deliver to an Australian address
* American Express Selects
* Internet fraud loss protection
* Secure Internet Shopping
* Enhanced chip protection with your MasterCard card
* Emergency card replacement and cash advances
* Access to MasterCard® applause
* MasterCard Global Service
As an example, where it may have taken around 21 months to earn enough Awards points for an iPod Nano this reward could be earned in only 14 months* by using your Awards American Express Card. *Based on an average spend of $2,000 per month.
* Complimentary international travel insurance for return trips of up to 12 months
* Your Platinum Connection concierge service is your personal assistant, 24/7
* Reward yourself with exceptional Platinum Awards
* Travel easy with Travel Plus, our exclusive booking service, using your award points
History of Commonwealth Bank
The Commonwealth Bank of Australia, also known as Commbank, has over 7,500,000 customers and is the largest bank in Australia today. It began operations in1912 after being founded in 1911 following the passage of the Commonwealth Bank Act. During the 1960’s and 1980’s, Commonwealth Bank diversified its services and began offering products such as insurance and international banking. Offices for this financial institution expand beyond Australia, with locations in New Zealand, Asia, Fiji, the United Kingdom and the United States. In 2007, The Commonwealth Bank earned the title of “Australia’s Most Convenient Bank.”
Services and Features of Commonwealth Bank Everyday and Savings Accounts
Commonwealth Bank of Australia offers five everyday accounts and eight savings accounts. Everyday accounts are available to customers as young as sixteen years old. Customers can choose from a variety of features, including unlimited transactions, low monthly maintenance fees, online and over the phone account management, and ATM privileges. Savings accounts are available with varying interest rates, bonus interest features, and with the needs of investors and home buyers in mind.
MasterCard Credit Cards
Customers can apply for one of seven MasterCard credit cards from Commonwealth Bank. These credit cards have varying interest rates and annual fees. Introductory low interest rates are available for several of the credit cards for balance transfers. A special MasterCard for students and a Gold and Platinum card are a few of the choices.
Home Loans
Commonwealth Bank offers the only Sixty Minute Home Loan in Australia. After completing the necessary paperwork, customers meeting certain requirements can apply for a home loan at one of the branches or over the phone and receive approval in one hour. Customers can also get pre-approved home loans and take up to one year to make a decision on their home purchase.
Personal Loans
Commonwealth Bank customers can secure fixed rate or variable rate personal loans for amounts up to $50,000. Loan terms are from one to seven years. If a personal loan is approved by noon, Monday through Friday, the customer will have access to the loan funds that same day. Commonwealth Bank offers financing for personal and business vehicles.
Insurance Policies
Commonwealth Bank provides insurance policies for all aspects of a customer’s life. Policies that cover personal property include car and home insurance policies. Home insurance policies that cover contents within the home are available. Customers can protect themselves and their families with loan protection insurance and credit card insurance. Monthly payments are guaranteed in the event of the insured’s death or in cases of a disabling illness or accident. Life and travel insurance policies are also available.
Services for Small and Corporate Businesses
Businesses of any size can depend on Commonwealth Bank for financing and investment management. Commonwealth Bank offers accounts, MasterCard credit cards, loans, credit card payment services, and financial advice to help grow and manage all businesses.