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.
Category: Credit and Charge Cards  Last Updated June 3, 2026  Effective June 3, 2026

 General Lending Rates

Rates listed below are for a product. Additional Information
Interest Rate
NA PA
Comparison Rate
NAPA*
Product rates will vary depending upon your financial position< LVR, and other criteria. The product may also vary depending upon the rate type, repayment type, or loan purpose. We encourage you to contact us for a full understanding of the product and terms.
Product Variations
Product rates and conditions will usually vary based on the LVR and other conditions..
  , PURCHASE, 14.55%
  • Lending Rate Type: Purchase
  • Interest Rate: 14.55%, Comparison Rate 0.00%
  • Repayment Type:
  • Loan Purpose:

 Product Features

  • Additional Cards Additional Information: Adding an additional cardholder is an easy way to share the convenience and accessibility of your CommBank credit card, without opening a new account. You can have one additional cardholder and they must be at least 16 years old. They'll get a card with their name but with your account number.
  • Other Additional Information: Streamline your business banking and save time with automatic data feeds from your online banking to your accounting software.
  • Bill Payment Additional Information: Through AutoPay, you can choose to have the full closing balance, the minimum amount due, or set an amount debited from your chosen CommBank transaction account. If the set amount isn't enough to cover the minimum payment shown on your current statement, we'll take out more to cover the difference. If the set amount is more than your closing balance shown on your current statement, only the closing balance amount is debited.
  • Bill Payment Additional Information: With BPAY View you can switch to online bills & ask billers to send them directly to the CommBank app or NetBank, making it easy to see, track, and pay bills online.
  • Complementary Product Discounts Additional Information: Access a range of travel benefits through Travel Booking (provided by Hopper) for eligible customers.
  • Digital Banking Additional Information: Wherever you are in the world, CommBank gives you the choice and control to securely manage all of your accounts on a range of devices, the way you want.
  • Digital Wallet Additional Information: Pay with your Apple(TM) device using Apple Pay.
  • Digital Wallet Additional Information: Pay with your Android(TM) phone using the CommBank app.
  • Digital Wallet Additional Information: Pay with your Garmin(TM) smartwatch using Garmin Pay.
  • Digital Wallet Additional Information: Pay with your Android(TM) device using Google Pay(TM).
  • Digital Wallet Additional Information: Pay with your Samsung(TM) device using Samsung Pay.
  • Fraud Protection Additional Information: Instantly lock, block or limit your credit card for extra control through the CommBank app or NetBank.
  • Digital Banking Additional Information: We help you stay on track with your credit card spending in the CommBank app.
  • Notifications Additional Information: Turn Transaction Notifications on in the CommBank app and we'll instantly alert you when you pay using your CommBank debit or credit card, and when you receive money into your everyday account.

 Product Eligibility

  • Min Age - 18. Additional Information: Only customers older than a minimum age may apply. Additional cardholders allowed from 16 years.
  • Residency Status - Au. Additional Information: Available to citizens or permanent resident of Australia and valid visa holders. Make sure you are legally allowed to work in Australia.
  • Residency Status - Nz. Additional Information: Available to citizens or permanent resident of NZ and valid visa holders. Make sure you are legally allowed to work in Australia.
  • Natural Person Additional Information: The account holder must be a natural person.
  • Other Additional Information: Applications for credit cards are subject to credit approval.
  • Other Additional Information: Each application for credit is assessed on the ability of the applicant to service debt (limit) based on the financials supplied in the application.

 Bank Fees and Charges

  • Late Payment Fee (Event), Amount: 20.00. Additional Information: When you don't make your minimum monthly payment, plus any overdue amount, by your statement due date.
  • Overlimit Fee (Event), Amount: 10.00. Additional Information: When we first allow you to go over your credit limit in a statement period.
  • Emergency Issue/ Lost/ Replacement Card Fee (Event), Amount: 20.00. Additional Information: When you need an emergency replacement card delivered to you.
  • International Transaction Fee (mastercard And Visa Transactions) (Transaction), Amount: Not Listed.. Additional Information: When you make a transaction that is converted by Mastercard or Visa from a foreign currency to Australian dollars.
  • Atm Cash Advance Charge (Withdrawal), Amount: Not Listed.. Additional Information: 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 advance amount. A maximum charge of $150.00 applies (or a flat fee of $2.50 if your closing balance on the previous day was in credit).
  • Commonwealth Bank Over-the-counter Cash Advance Charge (Withdrawal), Amount: Not Listed.. Additional Information: 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 closing balance on the previous day was in credit).
  • Commonwealth Bank Over-the-counter Cash Advance Charge (Withdrawal), Amount: 2.50. Additional Information: 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 closing balance on the previous day was in credit).
  • Non-commonwealth Bank Over-the-counter Cash Advance Charge (Withdrawal), Amount: Not Listed.. Additional Information: 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 (or a flat fee of $3.00 if your closing balance on the previous day was in credit).
  • Non-commonwealth Bank Over-the-counter Cash Advance Charge (Withdrawal), Amount: 3.00. Additional Information: 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 (or a flat fee of $3.00 if your closing balance on the previous day was in credit).
  • Any Other Commonwealth Bank Network Cash Advance Charge (Withdrawal), Amount: Not Listed.. Additional Information: 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 Transfer Home Loan, Mobile Bank Transfer and NetBank Transfer Personal Loan. 1.5% of the cash advance amount. A maximum charge of $150.00 applies (or a flat fee of $2.50 if your closing balance on the previous day was in credit).
  • Overseas Terminal Or Bank Cash Advance Charge (Withdrawal), Amount: Not Listed.. Additional Information: $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).
  • Overseas Terminal Or Bank Cash Advance Charge (Withdrawal), Amount: 4.00. Additional Information: $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).
  • Cash Equivalent Items Or Cash Substitutes Cash Advance Charge (Purchase), Amount: Not Listed.. Additional Information: 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 such items. 1.5% of the cash advance amount. A maximum charge of $150.00 applies (or a flat fee of $2.50 if your closing balance on the previous day was in credit).
  • International Transaction Fee (transactions In Australian Dollars But With An Overseas Connection) (Transaction), Amount: Not Listed.. Additional Information: 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 processing the transaction, is located overseas.

 Limitations & Restrictions (Constraints)

  • Max Limit of 50000.00 Additional Information: Max $50,000.00 unsecured credit limit. Eligibility criteria applies.
  • Min Limit of 500.00 Additional Information: Min $500.00 credit limit. Note that the credit limit we will give you will depend on your ability to meet your repayments.

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