The Finance Algorithm
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Interest-free Low Fee credit card

CommBank's simplest credit card yet with no interest and no late fees. Just a simple monthly fee.

Credit cardsBank updated 23 Sept 2026

At a glance

Purchase rate
0.00%
Foreign transaction fee
0.00%
Interest-Free Low Fee credit card

Rates

The one rate CommBank publishes for this credit card.

TypeApplies toTermBandRateComparisonConditions
Purchase---0.00%--

Fees

3 fees published, grouped by when they're charged.

While you hold it1

  • Monthly fee

    Monthly fee of $10. If you do not have any processed transactions in a given statement period and pay your previous statement closing balance in full by the due date, you will not be charged a monthl… If you do not have any processed transactions in a given statement period and pay your previous statement closing balance in full by the due date, you will not be charged a monthly fee of $10 for tha…

    $10 a month

When you make a transaction1

  • International transaction fee

    Pay no international transaction fees for purchases you make overseas or online.

    0.00% of transaction

If a payment is late or fails1

  • Late payment fee

    Late payment fees are not charged.

    No fee

Features

Digital bankingFraud protectionApple PayCommBank Tap and PayGarmin PayGoogle PaySamsung Pay
  • Use instore and online at millions of locations, everywhere Mastercard is accepted. A Mastercard allows you to pay for things using your card, smartphone or wearable. You may receive access to other…

Eligibility and limits

  • Minimum age 18
  • Residency: AU
  • Available to individuals
  • Amount $400 to $1,500
  • Applications for Interest-free Low fee credit card are subject to CBA's lending policy for new Low Cost Credit Contracts.

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.