Commonwealth Bank Platinum Credit Card - Compare Credit Cards

Having a Commonwealth Bank Platinum Credit Card opens a lot of doorways for benefits and awards. For an annual fee of $200, a cardholder can enjoy $12,000 minimum of credit limit. A platinum credit card gains access to Commonwealth Bank's standard and gold credit card awards and added privileges from platinum membership itself. It also provides huge convenience in many kind of purchases like hotel reservations, airline tickets, and even concert tickets or flowers for your date.

A platinum credit card is in the form of a MasterCard that allows easy payments through PayPass. All cardholders are entitled to as long as 55 days of no interest rate for full outstanding balance monthly payments. Annual interest rates are generally imposed at about 19.74%. Cardholders may also enjoy 150,000 worth of platinum awards points per year. These awards points may be used in case a cardholder wants to apply for additional cards for a friend or family member. An additional card costs $15 or 2,400 worth of awards points.

Travelers may have various benefits from a platinum credit card. One example is the complimentary international travel insurance that is valid for 12 months. This can be acquired through plane tickets purchase with the use of a platinum credit card. Unlimited hospital and medical expense coverages for immediate family members are also included as benefits. For travelers who are Qantas frequent flyer members, they can gain one frequent flyer point for every platinum card point. The platinum card also provides a companion airfare deal feature that provides discounts on first class or business airline tickets. It can also cover expenses for flight inconveniences like lost luggage, canceled flights, or delays on flights when you use the card to purchase interstate flight fares. Travelers cheque purchases will not be a problem as well because the credit card provides commission-free travelers cheque purchase from any Commonwealth Bank branch.

Applications for a Commonwealth Bank Platinum Credit Card can be done by logging on to the Internet and accomplishing the online credit card application registration system on the bank's website. Or, it can also be done through mail, phone, or by accomplishing an application form on the credit card brochures from any Commonwealth Bank branch.

• Fees, rates and promotions are subject to change. Please refer to official site for up-to-date details.