CommBank
Low Rate credit card
Ideal for small business owners looking for a line of credit with a competitive interest rate and no annual fee. Note, this product does not include an interest free day period.
Credit cardsBank updated 23 Sept 2026
At a glance
- Purchase rate
- 14.55%
- Cash advance
- 14.55%
- Foreign transaction fee
- 1.50%
§ 01 — Rates · 2
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Cash advance | — | — | — | 14.55% | — | — |
| Purchase | — | — | — | 14.55% | — | — |
§ 02 — Fees · 11
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Any other Commonwealth Bank Network cash advance charge | Cash advance | 1.50% of transactioncapped $150 | — | Charge applies to cash advances by way of funds transfer through NetBank, CommBiz, Phonebank Transfer, Commonwealth Bank Customer Service Centre, Australia Post, 132221 Transfer Case, NetBank Transfe… |
| ATM cash advance charge | Cash advance | 1.50% of transactioncapped $150 | — | Charge applies to cash advances through a terminal of any financial institution in Australia, at ASB Bank in New Zealand, Commonwealth Bank in Indonesia and Commonwealth Bank in Vietnam. 1.5% of the… |
| Cash equivalent items or cash substitutes cash advance charge | Cash advance | 1.50% of transaction | — | Charge applies to purchases of items we consider equivalent to cash, such as gambling, lottery tickets, money transfers or travellers cheques, including transactions which merchants tell us are for s… |
| Commonwealth Bank over-the-counter cash advance charge | Cash advance | 1.50% of transactioncapped $150 | — | Charge applies to cash advances at Commonwealth Bank Branches. $2.50 or 1.5% of the cash advance amount (whichever is greater). A maximum charge of $150.00 applies (or a flat fee of $2.50 if your clo… |
| Non-Commonwealth Bank over-the-counter cash advance charge | Cash advance | 1.50% of transactioncapped $150 | — | Charge applies to cash advance transactions made at other financial institutions within Australia. $3.00 or 1.5% of the cash advance amount (whichever is greater).A maximum charge of $150.00 applies… |
| Overseas terminal or bank cash advance charge | Cash advance | 1.50% of transaction | — | $4.00 or 1.5% of the cash advance amount(whichever is greater). A maximum charge of $150.00 applies (or a flat fee of $4.00 if your closing balance on the previous day was in credit). |
| Overlimit fee | Event | $10 | — | When we first allow you to go over your credit limit in a statement period. |
| Late payment fee | Late payment | $20 | 1 days after due | When you don't make your minimum monthly payment, plus any overdue amount, by your statement due date. |
| International transaction fee (Mastercard and Visa transactions) | Other | 3.00% of transactioncapped $150 | — | When you make a transaction that is converted by Mastercard or Visa from a foreign currency to Australian dollars. |
| Emergency issue/ lost/ replacement card fee | Replacement | $20 | — | When you need an emergency replacement card delivered to you. |
| International transaction fee (Transactions in Australian dollars but with an overseas connection) | Transaction | 3.00% of transaction | — | When you make a purchase or obtain a cash advance in Australian dollars while overseas, or while in Australia (for example online) where the merchant, or the financial institution or entity processin… |
§ 03 — Features
Extra repaymentsDigital bankingFraud protectionInstalment plans1 additional cardsApple PayCommBank Tap and PayGarmin PayGoogle PaySamsung Pay
- · Streamline your business banking and save time with automatic data feeds from your online banking to your accounting software.
§ 04 — Eligibility & limits
- · Minimum age 18
- · Residency: NZ
- · Available to individuals
- · Amount $500 to $50,000
- · Applications for credit cards are subject to credit approval.
- · Each application for credit is assessed on the ability of the applicant to service debt (limit) based on the financials supplied in the application.
§ 06 — Run the numbers
Put this product through a calculator
Published by CommBank under the Consumer Data Right, last changed by them on 23 Sept 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.