CommBank launches new 12 month 0% interest credit card offers

Tom Watson

25 Feb 2019

Commbank interest free 12 month offer content

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.

  • St.George Vertigo

    0% p.a. for 28 months and then 21.49% p.a.

    13.99% p.a.

    $55

    0% p.a. for 28 months on balance transfers requested at card application. 0% balance transfer fee applies. Rate then switches to applicable variable cash advance rate. New cards only, Eligibility criteria and T&Cs apply. Offer ends September 28th 2021.

    • 13.99% p.a.

    • -

    • 0% p.a. for 28 months and then 21.49% p.a.

    • 21.49% p.a.

    • 55

    • 3.00%

    • $55

    • $15.00

    • 2%, Min $2.50

    Read our Mozo Review to learn more about the Vertigo

    Details Close

  • Apply By 30 June 2021

    Bendigo Bank Low Rate Credit Card

    0% p.a. for 24 months and then 11.99% p.a. (2.00% balance transfer fee)

    11.99% p.a.

    $45

    0% p.a. balance transfer for 24 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 24 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

  • 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

  • Great Southern Bank Low Rate Credit Card

    0% p.a. for 25 months and then 21.74% p.a.

    11.99% p.a.

    $49 $0 in the first year

    0% balance transfer rate for 20 months and up to 55 interest free days. No annual fee for the first year and $49 after. Mozo Experts Choice Balance Transfer Platinum Credit Card Winner 2020^

    • 11.99% p.a.

    • -

    • 0% p.a. for 25 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

^See information about the Mozo Experts Choice Credit cards Awards