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Review: Commonwealth Bank Diamond Awards

By: Chris Chamberlin Filed under: Commonwealth Bank, credit card reviews

Executive Summary

What‘s Hot

  • Earn a high 1.5 Qantas/Velocity points per $1 on the AMEX
  • A generous annual cap of 500,000 frequent flyer points
  • The cheapest of all Big Four Black cards at $349 each year

What‘s Not

  • All MasterCard spend earns just 0.625 airline points per $1
  • Earning Qantas Points comes with an additional $10/yr charge


  • Free Starwood Gold status after an overnight stay

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