Commonwealth Bank Diamond Awards Credit Card

Commonwealth Bank Diamond Awards Credit Card

Balance transfer

5 months at 5.99% p.a.

Purchase rate

20.24% p.a. ongoing

Annual fee

$349.00 p.a. ongoing


  • Get a $100,000 bonus CommBank Awards points or 70,000 Qantas Points when you apply by 1 June 2023 and spend $5,000 on purchases within 90 days of card activation.
  • Earn up to 1 million points per year or 400,000 Qantas Points per year. Terms and Conditions apply.
  • Spend points on travel, shopping vouchers, merchandise, cashback, and much more.
  • Feel secure with the complimentary International Travel Insurance.

Pros and cons


  • Earn 100,000 bonus CommBank Awards points or 70,000 Qantas Points when you meet the spending criteria.
  • Earn 1.25 Awards points or 0.5 Qantas Points for every dollar you spend
  • Get up to 1 year extended warranty on most purchases.


  • The $349 p.a. annual fee is high.
  • There is a $10 additional card fee.

Our review


Customer service

Rates and fees




Reviewed by Credit Card Compare Staff

User reviews


Customer service

Rates and fees



A great asset

Reviewed by Wozza

Worth the change

Reviewed by Nicola

Very good rewards program

Reviewed by Marton

Pleased but had some direct debit problems

Reviewed by Owen

Awesome card, rewards are so easy

Reviewed by Anon

Reliable, great customer support

Reviewed by Stephen

Great card, great features

Reviewed by Toni

Generally very pleased with the card

Reviewed by Suresh Gupta

Very pleased with this card

Reviewed by Mrs Vijay

It's okay

Reviewed by CBA customer

One happy customer!

Reviewed by Rolo

Never had an Issue with Commonwealth

Reviewed by Linda

A great partnership with Myer

Reviewed by Nicola

Overall very happy with this card

Reviewed by Jeroen

A good card for getting reward points!

Reviewed by Nicola

Free upgrade from the bank

Reviewed by Benediktus

Very convenient card with good rewards

Reviewed by Beau

Pleased with this card

Reviewed by Glenda

A very convenient credit card

Reviewed by Andrew

Quality card that works for me

Reviewed by Dick

Quality card

Reviewed by D

Got a good deal

Reviewed by Ida

Good value for good frequent flyer points

Reviewed by Ann

Always good to go

Reviewed by Jovan

Double points on AmEx

Reviewed by Rob

Added value having the travel insurance option

Reviewed by Linda

Insurance is very useful

Reviewed by Ingrid

Handy and convenient

Reviewed by Marlene

Good card but dislike overseas transaction fees

Reviewed by Keira

High fees outweighed by rewards

Reviewed by Debra

I can purchase with peace of mind

Reviewed by Andy

Good service, disappointing rewards program

Reviewed by Raphael

Points and benefits galore

Reviewed by Jeff

Incidental expenses add up to a lot of points

Reviewed by Margaret

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