CommBank - Awards credit card

The target market of this product is likely to be consistent with the Objectives , Needs and Financial Situation:

Objectives and Needs

• Require a revolving credit facility with a convenient way to make payments and access cash by using the card attached to the facility.
• Ability to earn awards points when spending on their card.
• Access to interest free days on purchases.
• Access to purchase security insurance and extended warranty.
• Access to spend and security controls.

Financial Situation

• meet CBA’s credit assessment criteria which includes demonstrating the capacity to service the credit facility without substantial hardship.
• choose a credit limit typically above $500.
• will pay a higher interest rate.