CommBankLow 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.
At a glance
- Purchase rate
- 14.55%
- Cash advance
- 14.55%
- Foreign transaction fee
- 1.50%
How it compares
This credit card in ink, against the best that every other institution publishes for anyone to apply for. Each figure is counted the same way for all of them.
| Rate | This credit card | Best anywhere | Typical institution | Where it sits |
|---|---|---|---|---|
| Any credit cardOngoing purchase rate, not introductory offers | 14.55% | 7.49%Unity Bank's Low Rate Visa Credit Card | 12.49%of 51 institutions | 41st lowest of 51 |
Rates
Every rate CommBank publishes for this credit card, 2 in all.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Cash advance | - | - | - | 14.55% | - | - |
| Purchase | - | - | - | 14.55% | - | - |
Fees
11 fees published, grouped by when they're charged.
When you make a transaction7
- Any other Commonwealth Bank Network cash advance charge
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…
1.50% of transactioncapped at $150 - ATM cash advance charge
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…
1.50% of transactioncapped at $150 - Cash equivalent items or cash substitutes cash advance charge
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…
1.50% of transaction - Commonwealth Bank over-the-counter cash advance charge
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…
1.50% of transactioncapped at $150 - Non-Commonwealth Bank over-the-counter cash advance charge
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…
1.50% of transactioncapped at $150 - Overseas terminal or bank cash advance charge
$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).
1.50% of transaction - International transaction fee (Transactions in Australian dollars but with an overseas connection)
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…
3.00% of transaction
If a payment is late or fails1
- Late payment fee
When you don't make your minimum monthly payment, plus any overdue amount, by your statement due date.
$20 1 days after it's due
When particular things happen2
- Overlimit fee
When we first allow you to go over your credit limit in a statement period.
$10 - Emergency issue/ lost/ replacement card fee
When you need an emergency replacement card delivered to you.
$20
Other fees1
- International transaction fee (Mastercard and Visa transactions)
When you make a transaction that is converted by Mastercard or Visa from a foreign currency to Australian dollars.
3.00% of transactioncapped at $150
Features
- Streamline your business banking and save time with automatic data feeds from your online banking to your accounting software.
Eligibility and 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.
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Published by CommBank under the Consumer Data Right, last changed by them on 29 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.