Commonwealth Bank
Commonwealth Bank

CommBank Essentials

Purchase Rate
9.90% p.a.
Cash Advance Rate
9.90% p.a.
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Interest Free
Up to 55 days
Annual Fee
  • Enjoy lowest interest rate on purchases - just 9.90% p.a.
  • Instantly lock, block or limit your credit card for extra control through the CommBank app or NetBank.

Key Features
Rewards Program
Joining Fee
Annual Fee
Insurance Cover
for Purchases
Overseas ATM
Automatic Travel

Fee & Repayments

Annual Fee $60.00
Annual Fee First Year $60.00
Rewards Joining Fee -
Supplementary Card Fee $0.00
Minimum Repayment Greater of 2% or $25.00
Interest Charged From PurchaseDate
Late Payment Fee $20.00

Other Charges

Duplicate Statement Fee -
Overseas ATM Balance Fee $0.00
Transaction Verification Fee -
Overseas ATM Withdrawal Fee $0.00
Over Limit Fee $10.00
Overseas Emergency Card Replacement Fee -
Terms & Conditions
Interest rate and fees subject to change. 1 The annual fee is charged at $5 per month or $2 per month if you: Set up automated monthly repayments through our credit card AutoPay from a CommBank transaction account and Opt in to receive online statements on your CommBank Essentials account through NetBank (and to enable this, you maintain your NetBank facility and provide us with a valid email address) 2 We’re unable to block cash advance transactions that aren’t sent to us for authorisation. These will attract interest from the date the transaction is made until it’s repaid. Mastercard and Priceless are registered trademarks, and the circles design is a trademark of Mastercard International Incorporated.

* 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 $