Transfer a credit card balance

A credit card balance transfer is when you move the balance of an existing credit or store card that you have with another provider to your Commonwealth Bank credit card.

What are the benefits?

You save on fees by consolidating your credit card and store cards into one, and you will also pay a low 5.99% p.a. in interest for the first 5 months on the balance you bring across.

Please note:
Please note that the interest free period (up to 55 days) on purchases and most bill payments does not apply to any purchases while a balance transfer remains outstanding, and at the end of the balance transfer period, the interest rate on any outstanding transferred balances converts to the cash advance rate current at that time.

How to transfer your balance today

To transfer a balance from another financial institution or store-issued credit card, you can:

1.	Transfer a credit card balance in NetBank Not registered for Netbank? You can register here for free
2.	Call 13 2221, 24 hours a day, 7 days a week
3.	Complete this form (PDF 90KB), and drop it into any branch, fax to (02) 9841 6300, or mail to (no stamp required): Reply Paid 72551 CBA Credit Cards Parramatta NSW 2124

If you are not a NetBank customer register online today, and you will have access to your account immediately.

 

• Important information
  Download the Balance Transfer form (PDF 90KB) for full terms and conditions. Interest rates and annual fees are subject to change.