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. Advertiser disclosure.

  • Apply By 31 May 2021

    Bendigo Bank Low Rate Credit Card

    0% p.a. for 18 months and then 11.99% p.a. (2.00% balance transfer fee)

    11.99% p.a.

    $45

    0% p.a. balance transfer for 18 months (Reverts to 11.99% p.a). Low annual fee of $45 and no fees for additional cardholders.

    • 11.99% p.a.

    • -

    • 0% p.a. for 18 months and then 11.99% p.a. (2.00% balance transfer fee)

    • 13.99% p.a.

    • 55

    • 3.00%

    • $45

    • $15.00

    • 0.50%, Min $3.25

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

    Details Close

  • Defence Bank Foundation Credit Card

    3.99% p.a. for 6 months and then 8.99% p.a.

    3.99% p.a. for 6 months then 8.99% p.a.

    $45

    Defence Bank Low Rate Credit Card offers a 3.99% p.a. 6 month introductory rate on balance transfers, purchases and cash advances. Up to 55 days interest free on purchases.

    • 3.99% p.a. for 6 months then 8.99% p.a.

    • 3.99% p.a. for 6 months

    • 3.99% p.a. for 6 months and then 8.99% p.a.

    • 8.99% p.a.

    • 55

    • 3.00%

    • $45

    • $20.00

    • 4.1

    Read our Mozo Review to learn more about the Foundation Credit Card

    Details Close

  • ME frank Credit Card

    No current offer

    11.99% p.a.

    $0

    Meet Frank, a low rate credit card with up to 55 interest free days and no annual fee. If simple, hassle free spending is your goal, you and Frank might be a match made in heaven.

    • 11.99% p.a.

    • -

    • No current offer

    • 11.99% p.a.

    • 55

    • 2.30%

    • $0

    • $10.00

    • 2%, Min $4.00

    Read our Mozo Review to learn more about the frank Credit Card

    Details Close

  • NAB StraightUp Card ($10/month - $1,000 Credit Limit)

    No current offer

    0% p.a.

    $120 $10/month - waived if no spend & no balance owing

    Pay no interest and no late payment fees, just a $10 monthly fee for a $1,000 credit limit. Plus, if you don't make any purchases and have an outstanding balance of $0 during the whole statement period, the monthly fee will be reversed. Also pay no foreign currency fees when you shop online or overseas. Mozo Experts Choice Credit Card Innovation Winner 2020^.

    • 0% p.a.

    • -

    • No current offer

    • 0

    • 0%

    • $120 $10/month - waived if no spend & no balance owing

    • $0.00

    • n/a

    Read our Mozo Review to learn more about the StraightUp Card

    Details Close

^See information about the Mozo Experts Choice Credit cards Awards