Commonwealth Bank Low Rate Card

Click the green tabs to expand the sections. To close a section, just click the green tab again.

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.

              
  Commonwealth Bank
   
 

Customer ratingsclick to open

    Commonwealth Bank Low Rate Card
Overall Customer Rating 6.5#11 BASED ON
1602 REVIEWS
Price Rating 5.3
Features Rating 5.7
Service Rating 6.3
Convenience Rating 7.6
Trust Rating 6.7
What next?

Ratesclick to open

    Commonwealth Bank Low Rate Card
Purchase Rate 12.74%
Intro Purchase Rate  
Intro Rate Term  
Balance Transfer Rate 5.99% for 5 months and then 20.99%
Balance Transfer Term 5 Months
Balance Transfer Revert To Cash yes
Cash Advance Rate 20.99%
Interest Free Days 55
What next?

*Approximate cost in interest and fees over 3 years, assuming a $3,000.00 balance. Includes introductory offers.

Feesclick to open

    Commonwealth Bank Low Rate Card
Annual Fee $78.00
Intro Annual Fee Waiver yes
Annual Fee Spend Threshold  
Reward Program Fee  
Late Payment Fee $25.00
Overlimit Fee $25.00
Cash Advance Fee $2.50 or 1.25%
Foreign Exchange Margin 2.95%
Duplicate Statement Fee $7.00
Transaction Verification Fee $7.00
Additional Card Fee $0.00
Establishment Fee  
What next?

Other financial bitsclick to open

    Commonwealth Bank Low Rate Card
Minimum Repayment Amount $25.00
Minimum Repayment Percent 2.0
What next?

Featuresclick to open

    Commonwealth Bank Low Rate Card
Additional Cardholders 1
Travel Insurance no
Purchase Insurance no
Extended Warranty no
Other Restrictions  
Other Benefits Annual Fee waived in first year. Reduced by $30 year after if you hold a current Commonwealth Bank account.
What next?

Rewardsclick to open

    Commonwealth Bank Low Rate Card
Program Name  
Rewards Type  
Points Per Dollar  
Points Lifetime  
Bonus Points Available no
Bonus Points Lifetime  
Conversion To Frequent Flyers no
Points To Frequent Flyer Ratio  
Domestic Airline Partners  
International Airline Partners  
What next?

Most recent reviews of Commonwealth Bank credit cards

 

  • Overall Rating

    9
  • Pricing

    10
  • Product Features

    5
  • Customer Service

    8
  • Convenience

    10
  • Trust

    7

Low fees. – Gail from Queensland, a Commonwealth Bank credit card customer.   Reviewed about 13 hours ago

 

  • Overall Rating

    8
  • Pricing

    7
  • Product Features

    8
  • Customer Service

    8
  • Convenience

    8
  • Trust

    8

I like the fact that it has 55 days interest-free. We make all our purchases with this card and then pay it off in full each month, thus not accruing any interest. Every purchase earns reward points which you can then claim from an extensive range of rewards. The key is to make sure you pay it off in full each month. – Danielle from Victoria, a Commonwealth Bank credit card customer.   Reviewed about 14 hours ago

 

  • Overall Rating

    4
  • Pricing

    4
  • Product Features

    3
  • Customer Service

    3
  • Convenience

    1
  • Trust

    4

Their interest rates are too high. – Amanda from Victoria, a Commonwealth Bank credit card customer.   Reviewed about 14 hours ago

 

  • Overall Rating

    6
  • Pricing

    2
  • Product Features

    8
  • Customer Service

    2
  • Convenience

    2
  • Trust

    5

we get a discount on the fees because we have our mortgage through commbank, beyond that, there are better credit cards – Melissa from South Australia, a Commonwealth Bank credit card customer.   Reviewed 10 days ago

 

  • Overall Rating

    7
  • Pricing

    10
  • Product Features

    7
  • Customer Service

    10
  • Convenience

    10
  • Trust

    10

They cut out money for insurance. – Fatima from New South Wales, a Commonwealth Bank credit card customer.   Reviewed 10 days ago

See all Commonwealth Bank credit card reviews

Find more credit cards by visiting our compare credit cards page.

Commonwealth Bank also offers the following Credit cards

Other providers of credit cards

promo for student section