Letters to Editors - Daily Telegraph NSW, Herald Sun Vic and Hobart Mercury Tas.

28 June 2007

The Commonwealth Bank has forwarded Letters to The Editor of The Daily Telegraph, The Herald Sun and the Hobart Mercury regarding misleading articles that appeared indicating that the Bank had increased credit card interest rates.

The letters clearly stated that "The Commonwealth Bank has not lifted interest rates in the last 100 days on its low rate Visa credit card by 0.1% as reported, nor has it lifted any interest rates on its credit card products since the last increase in official interest rates in November 2006."

The Bank sought a correction and apology.

Bryan Fitzgerald
General Manager
Media and Issues Management
Marketing and Communications
Telephone (02) 9378 2663
Mobile 0414 789 649