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Commonwealth Bank Low Rate Credit Card

  • interest rate

    13.24 %

  • annual fees

    $78

  • interest free days

    55

  • rewards program

    no

  • balance transfer rate

    5.99% for 5 months and then 21.49%

Commonwealth Bank's overall rating for credit cards is

6.4

(as rated by the Mozo community)

Rates

Purchase rate
13.24%
Intro purchase rate
none
Intro rate term
none
Balance transfer rate
5.99% for 5 months and then 21.49%
Balance transfer term
5 Months
Balance transfer revert to cash
yes
Cash advance rate
21.49%
Interest free days
55

Other financial bits

Minimum repayment amount
$25.00
Minimum repayment percent
2.0

Fees

Annual fees
$78
Intro annual fee waiver
yes
Annual fee spend threshold
none
Reward program fee
none
Late payment fee
$20.00
Overlimit fee
$10.00
Cash advance fee
$2.50 or 1.5%
Foreign exchange margin
2.95%
Duplicate statement fee
$0.00
Transaction verification fee
$0.00
Additional card fee
$0.00
Establishment fee
none

Features

Additional cardholders
1
Other restrictions
none
Other benefits
Annual Fee waived in first year. Reduced by $30 year after if you hold a current Commonwealth Bank account.

This is how the Mozo community has rated Commonwealth Bank for credit cards.

Product Type Overall Price Features Service Convenience Trust
Overall 6.4 5.3 5.6 6.4 7.6 6.6
Commonwealth Bank credit cards 6.4 2207 REVIEWS 5.3 5.6 6.4 7.6 6.6

Commonwealth Bank

The Commonwealth Bank might be one of Australia’s oldest and largest banks, but lately it’s determined to do things differently. The Commonwealth Bank reckons it’s focusing more on customer service and earning your business rather than counting on it. If you like the sound of that, then check out the Commonwealth Bank’s wide range of personal banking products, including term deposits, savings accounts, credit cards, home loans and personal loans.

Some recent reviews of Commonwealth Bank credit cards

A Mozo reviewer from Western Australia, a Commonwealth Bank credit card customer. 7Overall Rating
  this card is great but the interest rates are quite high Reviewed about 3 hours ago  
  • 5Pricing
  • 5Product Features
  • 7Customer Service
  • 9Convenience
  • 8Trust
A Mozo reviewer from New South Wales, a Commonwealth Bank credit card customer. 6Overall Rating
  Great customer service, but fees are a bit high. Reviewed about 3 hours ago  
  • 3Pricing
  • 5Product Features
  • 8Customer Service
  • 8Convenience
  • 6Trust
A Mozo reviewer from Queensland, a Commonwealth Bank credit card customer. 7Overall Rating
  I like my credit card because of the reward points offered, however the interest rate is average and i dont feel it is very competitive. Reviewed about 3 hours ago  
  • 5Pricing
  • 7Product Features
  • 8Customer Service
  • 9Convenience
  • 6Trust
A Mozo reviewer from Queensland, a Commonwealth Bank credit card customer. 10Overall Rating
  Great rewards and features. Impeccable customer service and electronic access. Reviewed about 3 hours ago  
  • 8Pricing
  • 10Product Features
  • 10Customer Service
  • 10Convenience
  • 10Trust
Ann from Victoria, a Commonwealth Bank credit card customer. 6Overall Rating
  There is a lack of staff in the branches. Reviewed about 3 hours ago  
  • 5Pricing
  • 3Product Features
  • 3Customer Service
  • 7Convenience
  • 7Trust

See all reviews of Commonwealth Bank credit cards

 

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