Commonwealth Bank
Commonwealth Bank

Commonwealth Bank Low Rate Credit Card

Purchase Rate
13.24% p.a.
Cash Advance Rate
21.24% p.a.
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Interest Free
Up to 55 days
Annual Fee
$59.00
Balance Transfer Rate
5.99% p.a. for first 5 months
Intro Purchase Rate
0% p.a. for up to 15 months
  • Enjoy 0% p.a. on purchases for 15 months. Apply by 30 June 2021.
  • Our lowest interest rate on purchases at 13.24%
  • Control your security and spending - instantly lock international payments, block ATM cash advances and limit your spending through the CommBank app or on NetBank.

Key Features
Rewards Program
Rewards
Joining Fee
-
Annual Fee
$59.00
Insurance Cover
for Purchases
Overseas ATM
Availability
Automatic Travel
Insurance

Fee & Repayments

Annual Fee $59.00
Annual Fee First Year $59.00
Rewards Joining Fee -
Supplementary Card Fee $0.00
Minimum Repayment Greater of 2.00% or $25.00
Interest Charged From PurchaseDate
Late Payment Fee $20.00

Other Charges

Duplicate Statement Fee $7.00
Overseas ATM Balance Fee $1.25
Transaction Verification Fee $0.00
Overseas ATM Withdrawal Fee $4.00
Over Limit Fee $0.00
Overseas Emergency Card Replacement Fee $20.00
Terms & Conditions
* Offer available on new Low Rate and Low Rate Business (personal liability) credit cards (but not Low Rate Gold credit cards) applied for between 26/02/2021 and 30/06/2021. Offer not available on all other card types including CommBank Essentials and CommBank Neo, existing cards, and switches from other card types, and will be forfeited if you switch to a different credit card type during the 15 month period. The 0% p.a. interest rate on purchases (but not balance transfers and cash advances) is valid for 15 months from the date of card approval. At the end of the 15 month period, the interest rate will convert to the standard variable purchase interest rate at that time. We reserve the right to close the offer prior to 30/06/2021. 1 A maximum charge of $300 (or a flat fee of $3.00 applies if your closing balance on previous business day was in credit). Applications are subject to credit approval. Full Conditions of Use will be included in our Letter of Offer. Fees and charges are payable. Mastercard® and Priceless are registered trademark, and the circles design is a trademark of Mastercard International Incorporated. Commonwealth Bank of Australia ABN 48 123 123 124 and Australian credit licence 234945.

* For cards with reward programs that allow you to earn points, unless otherwise noted, the best case scenario of everyday spending is used when calculating the spend required to earn a reward. Everyday spending does not include bonus points that may be earned by shopping with loyalty partners. For rewards programs that have monthly caps, we assume you stay under that cap and for products with two cards, we assume spending is with the highest earning card. For programs that allow you to convert points for air travel at a price that changes from day to day, we have assumed that the flight is $300 (taxes and charges inclusive).

Visa® is a registered trademark of Visa International Services Association.
The MasterCard® brand is a registered trademark of MasterCard International Incorporated.