Low Rate credit card

 General Lending Rates

• Lending Rate Type: Purchase
• Interest Rate: 13.99%, Comparison Rate 0.00%
• Repayment Type:
• Loan Purpose:

 Product Features

• Other Additional Information: 24-hour fraud protection that detects abnormal transaction spending habits.

• Additional Cards Additional Information: Adding an additional cardholder is an easy way to share the convenience and accessibility of your CommBank credit card, without opening a new account. You can have one additional cardholder and they must be at least 16 years old. They'll get a card with their name but with your account number.

• Balance Transfers Additional Information: From 1 December 2023, we will no longer accept new balance transfer requests on our credit cards.

• Bill Payment Additional Information: Through AutoPay you can choose to have the full closing balance, minimum amount due or a set amount (assuming it's more than the minimum amount due and less than the full closing balance) directly debited from a CommBank transaction account.

• Bill Payment Additional Information: See, track and easily pay your bills online in NetBank or on the go in the CommBank app.

• Insurance Additional Information: Extends the manufacturer's Australian warranty on most purchases by up to a year. This is provided the purchase is charged to the cardholder's eligible credit card account or is purchased by redeeming Commonwealth Awards points. Restrictions, exclusions, limits, sub-limits and excesses may apply. Refer to the Credit Card Insurances Information Booklet for full details.

• Insurance Additional Information: Covers the repair or replacement cost of goods that are lost, stolen or damaged within 90 days of most purchases. When those items are charged to the cardholder's eligible credit card account or purchased by redeeming Commonwealth Awards points. Restrictions, exclusions, limits, sub-limits and excesses may apply. Refer to the Credit Card Insurances Information Booklet for full details.

• Other Additional Information: Instantly lock, block or limit your credit card for extra control through the CommBank app or NetBank.

• Other Additional Information: Earn up to $400 cashback to spend how you want. Earn $100 each month when you spend $500 or more per month for the first four months. Offer commenced 23 July 2024 and is only available to customers in CommBank Yello when applying for the credit card. Terms and conditions apply.

• Complementary Product Discounts Additional Information: A program available exclusively to Mastercard cardholders that provides access to unforgettable experiences in the cities where you live and travel.

• Other Additional Information: Access a range of travel benefits through Travel Booking (provided by Hopper) for eligible customers.

• Digital Banking Additional Information: Wherever you are in the world, CommBank gives you the choice and control to securely manage all of your accounts on a range of devices, the way you want.

• Digital Wallet Additional Information: Pay with your Apple(TM) device using Apple Pay.

• Digital Wallet Additional Information: Pay with your Android(TM) phone using the CommBank app.

• Digital Wallet Additional Information: Pay with your Fitbit(TM) smartwatch using Fitbit Pay.

• Digital Wallet Additional Information: Pay with your Garmin(TM) smartwatch using Garmin Pay.

• Digital Wallet Additional Information: Pay with your Android(TM) device using Google Pay(TM).

• Digital Wallet Additional Information: Pay with your Samsung(TM) device using Samsung Pay.

• Other Additional Information: We help you stay on track with your credit card spending in the CommBank app.

• Interest Free Additional Information: Up to 55 days. We won't charge any interest on purchases if you pay at least the closing balance shown on your statement by the due date each and every month.

• Other Additional Information: Free protection against fraud and other unauthorised transactions with Mastercard Zero Liability.

• Notifications Additional Information: We'll tell you when your online bill payment is due.

• Notifications Additional Information: Sends message to customer to inform them their card is over limit and to make payment to reduce limit and prevent an over limit fee from being charged to the account.

• Notifications Additional Information: Reminders before payments are due to avoid late fees.

• Notifications Additional Information: Turn Transaction Notifications on in the CommBank app and we'll instantly alert you when you pay using your CommBank credit card, and when you receive money into your everyday account.

• Other Additional Information: Setting a Spending Cap helps you keep on top of your spend. Plus you can still access additional funds if you need them.

• Instalment Plan Additional Information: Pay off eligible purchases or credit card balances in fixed monthly instalments. A set-up fee of 2%-5% of the purchase amount may apply on purchase plans depending on the term. Otherwise interest is charged on the plan amount.

 Product Eligibility

• Min Age - 18. Additional Information: The additional cardholder may be 16 years of age or older.

• Residency Status - Au. Additional Information: Available to citizens or permanent resident of Australia and valid Visa holders. Make sure you are legally allowed to work in Australia.

• Residency Status - Nz. Additional Information: Available to citizens or permanent resident of NZ and valid Visa holders. Make sure you are legally allowed to work in Australia.

• Natural Person

• Other Additional Information: Applications for credit cards are subject to credit approval.

• Other Additional Information: Each application for credit is assessed on the ability of the applicant to service debt (limit) based on the financials supplied in the application.

 Bank Fees and Charges

• Additional Cardholder Fee (Periodic), Amount: 0.00.

• Late Payment Fee (Event), Amount: 20.00. Additional Information: When you don't make your minimum monthly payment, plus any overdue amount, by your statement due date.

• Overlimit Fee (Event), Amount: 10.00.

• Emergency Issue/ Lost/ Replacement Card Fee (Event), Amount: 20.00. Additional Information: When you need an emergency replacement card delivered to you.

• International Transaction Fee (mastercard And Visa Transactions) (Transaction), Amount: Not Listed.. Additional Information: When you make a transaction that is converted by Mastercard or Visa from a foreign currency to Australian dollars.

• Cash Advance Fee (Withdrawal), Amount: Not Listed.. Additional Information: This is charged for cash advances from CommBank branches or other Australian financial institutions, ATMs, overseas terminals or financial institutions, funds transfers using CommBank networks and purchases of cash equivalent items, such as gambling, lottery tickets and money transfers. Capped at a maximum fee of $300.00 (or $4.00 if your closing balance was in credit the previous business day).

• Cash Advance Fee (Withdrawal), Amount: 4.00. Additional Information: This is charged for cash advances from CommBank branches or other Australian financial institutions, ATMs, overseas terminals or financial institutions, funds transfers using CommBank networks and purchases of cash equivalent items, such as gambling, lottery tickets and money transfers. Capped at a maximum fee of $300.00 (or $4.00 if your closing balance was in credit the previous business day).

• International Transaction Fee (mastercard And Visa Transactions) (Transaction), Amount: Not Listed.. Additional Information: International transaction fee (Transactions in Australian dollars but with an overseas connection).

• Monthly Fee (Periodic), Amount: 6.00.

 Limitations & Restrictions (Constraints)

• Min Limit of 500.00 Additional Information: Note that the credit limit we give you will depend on your ability to meet your repayments.

 Document Downloads