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

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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 28 February 2022

    Bendigo Bank Low Rate Credit Card

    No current offer

    0% p.a. for 18 months then 11.99% p.a.

    $45

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

    • 0% p.a. for 18 months then 11.99% p.a.

    • 0% p.a. for 18 months

    • No current offer

    • 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

  • Virgin Money Low Rate Card

    0% p.a. for 15 months and then 21.69% p.a. (1.00% balance transfer fee)

    11.99% p.a.

    $99

    Receive a low 11.99% p.a purchase rate. 0% p.a on balance transfers for the first 15 months (1% BT fee applies). Get tap and pay feature, plus 55 days interest free. Loyal card holders could see annual fee waived in 2nd year (conditions apply).

    • 11.99% p.a.

    • -

    • 0% p.a. for 15 months and then 21.69% p.a. (1.00% balance transfer fee)

    • 21.69% p.a.

    • 55

    • 3.30%

    • $99

    • $30.00

    • 2.7%, Min $2.70

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

    Details Close

  • Bankwest Breeze Mastercard

    0% p.a. for 15 months and then 9.90% p.a.

    0% p.a. for 15 months then 9.90% p.a.

    $49 $0 in the first year

    Enjoy 0% p.a on balance transfers for 15 months then 9.90% thereafter. No annual fee for the first year. Limited time only. Other fees, T&Cs apply. New Breeze Mastercard customers only.

    • 0% p.a. for 15 months then 9.90% p.a.

    • 0% p.a. for 15 months

    • 0% p.a. for 15 months and then 9.90% p.a.

    • 21.99% p.a.

    • 55

    • 0.0

    • 2.95%

    • $49 $0 in the first year

    • $25.00

    • 2%, Min $4.00

    Read our Mozo Review to learn more about the Breeze Mastercard

    Details Close

^See information about the Mozo Experts Choice Credit cards Awards