CommBankUltimate credit card
Enjoy new lifestyle and travel benefits with the Ultimate credit card, designed to help you get more value. Plus, enjoy a new points experience if you're eligible for CommBank Yello.
At a glance
- Purchase rate
- 20.99%
- Cash advance
- 21.99%
- Interest-free days
- 44
- Annual fee
- $0
- Foreign transaction fee
- 0.00%
- Rewards
- CommBank Yello Program
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 | 20.99% | 7.49%Unity Bank's Low Rate Visa Credit Card | 12.49%of 51 institutions | 47th lowest of 51, level with 2 others |
| No annual feeOngoing purchase rate | 20.99% | 10.99%American Express' Low Rate Credit Card from American Express® | 14.84%of 10 institutions | 8th lowest of 10 |
| Rewards cardOngoing purchase rate on a card that earns points | 20.99% | 12.99%Virgin Money Australia's Virgin Money Low Rate Credit Card | 20.99%of 25 institutions | 12th lowest of 25, level with 4 others |
| Interest-free daysDays without interest on purchases when the balance is paid in full | 44 days | 62 daysBeyond Bank Australia's Low Rate Credit Card | 55 daysof 42 institutions | 37th longest of 42, level with 4 others |
Rates
Every rate CommBank publishes for this credit card, 2 in all.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Cash advance | - | - | - | 21.99% | - | - |
| Purchase | - | - | - | 20.99% | - | - |
Fees
8 fees published, grouped by when they're charged.
While you hold it3
- Additional cardholder fee
Pay no additional cardholder fee to share the convenience of your card with someone else.
No fee - Monthly Fee
Payable each month, giving you access to the features and benefits of your credit card. Pay no monthly fee if you spend at least $4,000 in your statement period. From your first statement issued on o… Monthly fee waiver if eligibility criteria is met. From your first statement issued on or after 1 January 2027, the monthly fee waiver based on spend will be removed and the $35 monthly fee will appl…
$35 a month - Qantas Frequent Flyer Direct fee
From 1 October 2026, eligible customers enrolled into CommBank Yello with eligible CommBank credit cards will be able to opt in to have their CommBank Yello points converted to Qantas Frequent Flyer…
$149 a year
When you make a transaction2
- Cash advance fee
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…
3.00% of transaction - International transaction fee
Pay no international transaction fees for purchases you make overseas or online. For international cash advances, the cash advance fee will apply.
0.00% 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. Only applies to accounts opened before 1 July 2012 (including any time you switch to a new credit card product).
$15 - Emergency issue/ lost/ replacement card fee
When you need an emergency replacement card delivered to you.
$20
Features
- Monthly DoorDash Credit: $10 monthly DoorDash credit for an order where the subtotal is over $50. Exclusions, terms and conditions may apply.
- Earn up to $300 in travel credits from Travel Booking: Spend $9,000 or more on eligible spend with your new Ultimate credit card within 90 days of activating your card to receive $300 in travel credi…
- Monthly Dining Credit: $10 monthly dining credit to use on Dine In Deals provided by EatClub, to enjoy on your next meal out. Dining credits are only issued where the applicable card fee has been cha…
- Monthly Travel Credit: $25 monthly travel credit to use on Travel Booking. Travel credits are only issued for a card account statement period where the applicable card fee has been charged for that s…
- Use instore, online and withdraw local currency at millions of locations, everywhere Mastercard is accepted. A Mastercard allows you to pay for things using your card, smartphone or wearable. You may…
- 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
Eligibility and limits
- Minimum age 18
- Residency: NZ
- Available to individuals
- Amount from $6,000, 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.
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Published by CommBank under the Consumer Data Right, last changed by them on 15 Oct 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.