CommBank Smart Awards Credit Card (with $2,000 per month spend)
Offer Details
Signup Bonus
40,000 points
Commbank
Minimum Spend
$4,500
within 3 months
Cash Bonus
Ongoing Earn Rate
1.00x points per $1 spent
Fees
No fees disclosed
Check with issuer for complete fee structure
Benefits
- Rewards Program Elite Status
More detailsLess details
Earn up to 2 Bonus Points or 0.8 Qantas Points per $1 on highest eligible purchase in a statement period, up to 1,000 Bonus Points or 400 Qantas Points. Earn up to 1.5 Awards points or 0.6 Qantas Points per $1 spent up to $5,000 in a statement period on eligible purchases. Points reduce after $5,000 spend. Unlimited points earned annually.
- Digital Card Issuance
More detailsLess details
Instant digital card access available immediately after account establishment in the CommBank app, allowing spending before physical card arrival.
- Lounge AccessMastercard Travel Pass, DragonPass
More detailsLess details
Access to over 1,300 airport lounges worldwide for a per-visit fee via Mastercard Travel Pass provided by DragonPass; must register the card on the Mastercard Travel Pass app to generate a membership QR code; a lounge visit fee applies for the cardholder and each guest each visit
- Flight Discounts
More detailsLess details
Complimentary access to book flights and hotels via Travel Booking (provided by Hopper) in the CommBank app; eligible Yello customers earn up to 10% of the booking amount back as travel credits
- Shopping Benefits
More detailsLess details
CommBank Yello Cashback Offers: personalised cashback offers from partner brands activated and redeemed in the CommBank app; cashback typically received within 14 business days of a qualifying purchase
- Travel Credits
More detailsLess details
CommBank Yello customers earn travel credits via Travel Booking (provided by Hopper): Plus 5% back, Gold 5% back, Diamond 10% back plus a $100 first-time-use credit; credits have a 2-year expiry
- Points Transfer Benefits
More detailsLess details
Opt-in to earn Qantas Points for $90 per year; CommBank Awards points are automatically transferred to Qantas Frequent Flyer at the end of each statement period at 2.5 CommBank Awards points to 1 Qantas Point
- Entertainment Benefits
More detailsLess details
Access to Priceless.com offers and experiences (Mastercard)
- Digital Wallet Integration
More detailsLess details
Tap & Pay using a supported digital wallet (e.g. Apple Pay, Google Pay or CommBank Tap & Pay)
- No International Transaction Fee
More detailsLess details
0% international transaction fee on purchases or cash advances made overseas or in Australia where the merchant or processing entity is located overseas (the cash advance fee still applies to international cash advances)
- No Additional Cardholder Fee
More detailsLess details
No additional cardholder fee to share the card with someone else
- No Annual Fee
More detailsLess details
No monthly fee if you spend at least $2,000 on the Smart Awards card in your statement period; otherwise the monthly fee is $19
- Travel Insurance
More detailsLess details
Complimentary international travel insurance (Overseas Travel Policy) for journeys up to 12 months, covering the cardholder and accompanying family, when at least $500 in a single prepaid-travel transaction is charged to the card (or redeemed with Awards points/travel credits) and cover is activated before travelling; Overseas Emergency Medical and Hospital Expenses are unlimited
- Purchase Protection Insurance
More detailsLess details
Purchase Security: new items charged to the card (or bought with Awards points) covered against loss, theft or damage for 90 consecutive days from purchase, up to $200,000 in any 12-month period for Smart Awards; $100 excess per claim
- Extended Warranty Insurance
More detailsLess details
Extends the manufacturer's Australian warranty on eligible card purchases for a period equal to the original warranty up to a maximum of 1 extra year (no cover where the warranty exceeds 5 years), up to $20,000 in any 12-month period for Smart Awards; $100 excess per claim
- Rental Vehicle Insurance
More detailsLess details
Rental Vehicle Insurance Excess cover up to $2,250 per journey under the activated Overseas Travel Policy
- Interest Free Periods
More detailsLess details
Up to 44 interest-free days on purchases when the full closing balance shown on the statement is paid by the due date each month
- Installment Plans
More detailsLess details
SurePay instalment plans let you pay off a purchase or all/part of your balance in monthly instalments (Purchase plan for purchases in the last 14 days, Card balance plan, or Cash advance balance plan); up to 50 active plans; a setup fee may apply and a fixed interest rate is quoted per plan
- Balance Transfer Offers
More detailsLess details
Balance transfer facility: an amount paid to a credit or store card at another institution at your request, which may be charged a special interest rate for a set period
Benefit history
- Travel InsuranceUpdated May 2026
- Digital Wallet IntegrationUpdated May 2026
- Travel CreditsUpdated May 2026
- Shopping BenefitsUpdated May 2026
- Points Transfer BenefitsUpdated May 2026
- Lounge AccessUpdated May 2026
- Interest Free PeriodsUpdated May 2026
- No Additional Cardholder FeeUpdated May 2026
- No International Transaction FeeUpdated May 2026
I'd like to use my bonus for:
Craig's AnalysisBonus Difficulty
Easy
●○○$50 per day required
First Year Cost
Free
monthly fee
Earn Rate
Average
●●○○1.00x Commbank points per $1
Travel Benefits
Lounge Access
Enjoy access to over 1,300 airport lounges worldwide for a fee with Mastercard Travel Pass provided by DragonPass with your Smart Awards credit card.
Did this help you make a decision?
Can I get this bonus if I've had a card from Commbank before?
You generally need to wait 24 months after your last Commbank sign-up bonus before you can earn this one.
See exclusion periods for every Australian issuer →25,000 CommBank Awards points or 15,000 Qantas Points will be awarded every month (statement period) $1,500 or more is spent on eligible purchases for 4 consecutive statement periods. Bonus period is 150 days (not 120) because the first spend period combines the first two billing periods, giving extra time to meet the first spend criteria. $100 Travel Credit must be redeemed via Travel Booking (provided by Hopper), accessible inside the CommBank app.
- Expiration changed from 29/02/24 to no expiration, Bonus from 80K to 75K, Spend For Bonus from $6K to $4.5K, Bonus Period from 120 to 90, Notes from Earn 20,000 CommBank Awards points each month when you spend $1,500 or more per month for the first four months. to Earn 25,000 CommBank Awards points or each month when you spend $1,500 or more per month for the first three months2 years ago
- Spend changed from $4000 in 90 days to $1500 every month for 4 months ($6000 total)3 years ago