Low fee card popular with Commbank customers

Commonwealth Bank customers who take up a new Low Fee credit card and spend $1000 or more per year will pay no annual fee on the card. One in four Commonwealth Bank credit card customers choose the low fee card.

The card features a Balance transfer rate of 5.99% p.a. for 5 months, interest-free period up to 55 days and an interest rate of 18.49% p.a. on purchases and a complimentary additional card for a family member or friend.

Source: Commonwealth Bank