The n0w credit card from Community First Bank is all about convenience and simplicity. Instead of paying interest on your purchases, as with a traditional credit card, with the n0w card, you pay a set monthly fee between $9 and $19 - depending on your chosen credit limit. There are no late fees or an annual fee on the n0w card, and it offers a 0% p.a. cash advance rate - just a flat $3 fee if you need to withdraw cash.
One of the best features of the Community First Bank n0w card is that you can shop interest-free, as this card has a 0% p.a. purchase rate. Instead, you pay a set monthly fee based on your credit limit: $9 for $1,000, $14 for $2,000 and $19 for a $3000 limit - the lowest fees on a card of this type.
The card has a low minimum payment of $20 or 2.5%, no matter your credit limit. You also won’t need to worry about the usual extra costs associated with a credit card, as the n0w card has no late fees and no annual fee.
Community First’s n0w credit card is the only interest free card on the market that offers cash advances, with a 0% cash advance rate and just a $3 flat rate fee. Keep in mind when travelling that that fee jumps to $5 if you need cash overseas, with a standard 3% currency conversion fee payable.
The Community First Bank n0w card is linked to the Visa network, so you can make purchases in Australia and overseas wherever Visa is accepted. If you’re looking for a simple interest free option with a low-cost cash advance offering, this could be the card for you.
Although this is an interest free card, you should keep in mind that the monthly fee can add up in addition to your balance. Make sure you choose a credit limit that is appropriate for your budget and spending habits.
The n0w card also offers no rewards program. So, if you’re someone who plans to use your credit card for big expenses and want extra benefits like purchase protection and the ability to earn redeemable points, as well as a credit limit higher than $3000, you should probably consider a different card.
n/a |
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none |
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No current offer |
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none |
|
0% p.a. |
|
0 |
$228.00 |
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none |
|
none |
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none |
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$0.00 |
|
3.0 |
|
3.00% |
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$1.50 |
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$0.00 |
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$0.00 |
$20.00 |
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2.5 |
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1 |
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$108 annual fee on $1,000 credit limit, $168 annual fee on $2,000 credit limit, $228 annual fee on $3,000 credit limit. |
Apple Pay, Google Wallet, Samsung Pay
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1.25 points up to 100,000 points/year, then
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70,000
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Qantas Premium Card
Qantas Frequent Flyer
$249
20,000
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NAB Rewards
$295 $145 in the first year
160,000
1.25 points uncapped
Qantas Discovery Card
Qantas Frequent Flyer
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No current offer
0.75 points uncapped
Velocity Escape Card
Velocity Frequent Flyer
$0
No current offer
0.75 points uncapped
Qantas Rewards Signature Card
Qantas Frequent Flyer
$395 $295 in the first year
120,000
1 point up to $5,000/month, then
0.5 points up to $20,000/month
Low Rate Card
0% p.a. for 28 months and then 21.74% p.a. (2.00% balance transfer fee)
13.49% p.a.
$59 $0 in the first year
Premier Credit Card
0% p.a. for 6 months and then 22.24% p.a.
21.49% p.a.
$300 $150 in the subsequent years if you spend $48,000 on eligible purchases or cash advances in previous year., $150 in the first year
Citi Rewards Program
Blue Visa Credit Card
0% p.a. for 9 months and then 21.74% p.a.
0% p.a. for 9 months then 20.74% p.a.
$60
Q Rewards
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
0% p.a. for 24 months and then 20.99% p.a.
20.74% p.a.
$149 $0 in the first year
Velocity Frequent Flyer
More Mastercard
0% p.a. for 6 months and then 19.99% p.a. (1.00% balance transfer fee)
19.99% p.a.
$100
Bankwest More Rewards
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13.49% p.a.
0% p.a. for 28 months and then 21.74% p.a. (2.00% balance transfer fee)
$59 $0 in the first year
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0% p.a. for 12 months and then 25.99% p.a. (2.00% balance transfer fee)
$99
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No current offer
$59
Low Rate Credit Card
8.99% p.a.
0% p.a. for 6 months and then 8.99% p.a.
$59 $0 in the first year