Commonwealth Bank Business Low Rate

Rates

• Purchase rate

  14.55% p.a.

• Intro purchase rate

  none

• Balance transfer rate

  5.99% p.a. for 5 months and then 14.55% p.a.

• Balance transfer revert to cash

  yes

• Cash advance rate

  14.55% p.a.

• Interest free days on purchases

  0

Fees

• Annual card fee

  $0.00

• Introductory annual fee

  none

• Annual fee spend threshold

  none

• Reward program fee

  none

• Late payment fee

  $20.00

• Cash advance fee

  1.5%

• Foreign exchange margin

  3.00%

• Duplicate statement fee

  $0.00

• Transaction verification fee

  $0.00

• Additional card fee

  $0.00

Features

• Minimum repayment amount

  $75.00

• Minimum repayment percent

  2.5

• Additional cardholders

  1

• Other restrictions

  none

Payment options

Apple Pay, Google Pay, Samsung Pay, Garmin, Fitbit

Other benefits

5% cashback on eligible purchases, up to $100 per month, for the first three months. Apply by 30 April 2020.