Commonwealth Bank Low Rate Card
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Commonwealth BankThe 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. |
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Customer ratingsclick to open
| Commonwealth Bank Low Rate Card | ||
| Overall Customer Rating | 6.5#11 BASED ON 1602 REVIEWS |
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| 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
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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
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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
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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
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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
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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
Find more credit cards by visiting our compare credit cards page.
Commonwealth Bank also offers the following Credit cards
- Low Fee Card
- Awards Card
- Gold Awards Card
- Platinum Awards Card
- Low Fee Gold Card
- Low Rate Gold Card
- Student Card
Other providers of credit cards
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