Student credit card

At the Commonwealth Bank we offer student credit cards that have been specifically designed to meet the needs of tertiary students. We know that money can be tight when you’re a student and that it can be a huge help to have a little financial leeway to tide you over when times are lean.

This is where having a student credit card can be invaluable. You get the peace of mind of a backup plan for unexpected expenses or unplanned purchases, as well as the convenience of a credit card, without worrying about high-interest rates or accruing unnecessary debt. Our student credit cards come with low credit limits and no annual fees. They are easy to use and easy to apply for.

No annual fees

If you’re a full-time student you’ll pay no annual fee on your credit card for the duration of your studies, but you’ll still have access to the full range of great features our credit cards offer.

Shop online securely

Should your credit card be lost or stolen, you’ll never be held liable for any unauthorised transactions, provided you comply with the Credit Cards Conditions of Use.

Register for Secure Internet Shopping for increased security when using your existing MasterCard^® or Visa at participating merchant websites.

Widely accepted

Your student credit card lets you enjoy the convenience of worldwide acceptance at over 29 million locations, anywhere MasterCard is accepted.

Interest free period on purchases

Money is typically short when you’re a student and we know you don’t want to be running up interest on purchases that you could use elsewhere. So, you’ll get up to a 55-day interest free period on all your credit card purchases.

Pay faster

MasterCard^® PayPass™ is a faster, easier way to make purchases with your credit card. Make credit card payments by simply tapping your card against a PayPass™ reader. Once the transaction is confirmed, you're done. No need to sign or enter a PIN for amounts of $100 or less. You just Tap and Go.

• Important information
  Applications for finance are subject to the Bank’s normal credit approval. Full terms and conditions are included in the Loan Offer. Fees and charges are payable.