Keep on rewarding yourself

Reward credit cards are those that provide extra bonuses and incentives for people that use their credit card as part of their daily financial routine. The Commonwealth Bank Awards card has now been relaunched to give its cardholders even better rewards as they will now receive a FREE AMEX card in addition to the standard MasterCard, meaning they can receive even more points and faster awards.

From now on, Awards cardholder privileges include:

• Earn 1.5 Awards points for every $1 spent with American Express while still receiving 1 Awards point for every $1 spent on the Awards MasterCard, this means faster points accumulation and bigger rewards
• Access to globaleshop by American Express, which 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
• Use of American Express Selects
• Emergency Travel Assistance for Commonwealth Bank American Express Cards
• Internet fraud loss protection
• Enhanced chip protection with your MasterCard card
• Emergency card replacement and cash advances
• Linked accounts between the CBA AMEX Card and the existing MasterCard meaning customers will receive one credit limit, one annual fee, one balance statement and one set of related fees including interest rates

The Commonwealth Bank Awards Credit Card

In addition, the Commonwealth Bank Awards Credit Card entitles you to 55-days as an interest free period for all the purchases that you will make. This means that you have this many number of days to make a full payment of your full credit card balance, without getting billed with an interest rate.

Finally, the Awards credit card offered by the Commonwealth Bank will give you cash back benefits, while also providing access to Travel Plus benefits, the Qantas Frequent Flyer transfers, secure Internet shopping, MasterCard PayPass and the MasterCard Applause program as all part of its Spectrum Awards Program. . Not to mention the Commonwealth Bank Awards Credit Card can be used at over 29 million locations, making it the ideal awards card for global use.