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.
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n/a |
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none |
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No current offer |
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none |
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0% p.a. |
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0 |
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$228.00 |
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none |
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none |
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none |
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$0.00 |
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3.0 |
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3.00% |
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$1.50 |
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$0.00 |
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$0.00 |
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$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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