CommBank launches new 12 month 0% interest credit card offers

Tom Watson

25 Feb 2019

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On a mission to find a new credit card but need an extra sweetener to seal the deal? Well the Commonwealth Bank wants a word.

The bank has just launched a limited time offer whereby new credit card applicants will pay 0% interest on their card purchases for the first 12 months, as long as they sign up before April 30, 2019.   

The new offer applies to seven credit cards from the CommBank’s suite, with the Essentials Credit Card being a notable absentee.

Among the participating cards is the 2018 Mozo Experts Choice award-winning Diamond Awards Credit Card, but the full list includes the:

• Awards Credit Card

Diamond Awards Credit Card

Low Fee Credit Card

Low Fee Gold Credit Card

Low Rate Credit Card

Low Rate Gold Credit Card

Platinum Awards Credit Card

RELATED: Best credit cards for frequent flyer points with Qantas and Velocity

While the lure of a 12 month interest-free period on purchases may be tempting, Mozo Director Kirsty Lamont urged new credit card applicants to really do their research before jumping in.

“Avoiding interest for 12 months may seem like an offer too good to refuse, but it’s worth considering whether you’ll be able pay off your balance in full before that offer ends,” she said.

“After all, the last thing you’ll want is a nasty interest surprise in a year’s time, so make sure you’re aware of the interest rate you’ll be paying after the introductory offer expires, as well as any fees you’ll be paying.”     

RELATED: The 6 best credit cards for Qantas Frequent Flyer Points

Interested in checking out even more credit cards? Don’t apply before you’ve looked through the great low interest offers below, or for even more credit card deals make sure you head on over to Mozo’s credit card comparison page.

Compare credit cards 2019 - rates updated daily

  • Promoted

    CUA Low Rate Credit Card

    0% p.a. for 13 months and then 21.74% p.a.

    11.99% p.a.

    $49 $0 in the first year

    0% balance transfer rate for 13 months and up to 55 interest free days. No annual fee for the first year and $49 after.

    • 11.99% p.a.

    • -

    • 0% p.a. for 13 months and then 21.74% p.a.

    • 21.74% p.a.

    • 55

    • 0.0

    • 3.40%

    • $49 $0 in the first year

    • $12.50

    • 2.00%, Min $3.50

    Read our Mozo Review to learn more about the Low Rate Credit Card

    Details Close

  • Promoted

    St.George Vertigo

    0% p.a. for 22 months and then 21.49% p.a. (1.50% balance transfer fee)

    0% p.a. for 7 months then 13.99% p.a.

    $55 $0 in the first year

    Enjoy 0% p.a. for 22 months on balance transfers at card application. 1.5% balance transfer fee applies. Rate then switches to applicable variable cash advance rate. Plus, 0% p.a. on purchases for 7 months. Rate then switches to applicable variable purchase rate. First year annual card fee waived for the first year ($55 thereafter). Available to new cards only, Eligibility criteria and T&Cs apply. Offer ends September 30th 2020.

    • 0% p.a. for 7 months then 13.99% p.a.

    • 0% p.a. for 7 months

    • 0% p.a. for 22 months and then 21.49% p.a. (1.50% balance transfer fee)

    • 21.49% p.a.

    • 55

    • 0.0

    • 3.00%

    • $55 $0 in the first year

    • $15.00

    • 2%, Min $2.50

    Read our Mozo Review to learn more about the Vertigo

    Details Close

  • Promoted

    Hot Deal $200 Cashback Offer (T&Cs apply)

    Westpac Low Rate

    0% p.a. for 20 months and then 21.49% p.a. (1.00% balance transfer fee)

    13.74% p.a.

    $59

    Enjoy 0% p.a. interest on balance transfers for the first 20 months. Get $200 cashback with $1k minimum spend on eligible purchases within 90 days of card approval. 55 interest free days and low on-going rate of 13.74% on all purchases.

    • 13.74% p.a.

    • -

    • 0% p.a. for 20 months and then 21.49% p.a. (1.00% balance transfer fee)

    • 21.49% p.a.

    • 55

    • 3.00%

    • $59

    • $15.00

    • 2%, Min $2.50, Max $150

    Read our Mozo Review to learn more about the Low Rate

    Details Close

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