CommBank
Low Rate credit card
With a low interest rate on purchases, our Low Rate credit card makes it easier to pay off purchases over time.
Credit cardsBank updated 23 Sept 2026
At a glance
- Purchase rate
- 13.99%
- Cash advance
- 21.99%
- Interest-free days
- 55
- Annual fee
- $0
- Foreign transaction fee
- 3.50%
§ 01 — Rates · 2
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Cash advance | — | — | — | 21.99% | — | — |
| PurchaseFrom 10 December 2024, interest rates offered on approval vary from 10.99% p.a. to 15.99% p.a. The rate offered to you (your personalised interest rate) within this range depends on different factors… | — | — | — | 13.99% | — | — |
§ 02 — Fees · 7
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Cash advance fee | Cash advance | 3.00% of transaction | — | This is charged for cash advances from CommBank branches or other Australian financial institutions, ATMs, overseas terminals or financial institutions, funds transfers using CommBank networks and pu… |
| Overlimit fee | Event | $15 | — | When we first allow you to go over your credit limit in a statement period. Only applies to accounts opened before 1 July 2012 (including any time you switch to a new credit card product) |
| 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. |
| Additional cardholder fee | Periodic | No fee | Every 1 yr | Pay no additional cardholder fee to share the convenience of your card with an additional cardholder. |
| Monthly fee | Periodic | $6 | Every 1 mo | Payable each month, giving you access to the features and benefits of your credit card. |
| Emergency issue/ lost/ replacement card fee | Replacement | $20 | — | When you need an emergency replacement card delivered to you. |
| International transaction fee | Transaction | 3.50% of transaction | — | When you make a transaction that is converted by Mastercard or Visa from a foreign currency to Australian dollars. |
§ 03 — Features
Extra repaymentsDigital bankingFraud protectionInstalment plans55 interest-free days1 additional cardsApple PayCommBank Tap and PayGarmin PayGoogle PaySamsung PayExtended warranty insurancePurchase security insurance
- · Use QR Cardless to withdraw cash or deposit notes, coins and cheques (subject to product eligibility) by using the latest version of the CommBank app to scan a QR code at a compatible CommBank ATM
§ 04 — Eligibility & limits
- · Minimum age 18
- · Residency: NZ
- · Available to individuals
- · Amount $500 to no maximum
- · 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
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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.