Features & benefits

No interest or late fees

0% p.a. interest rate on purchases and no late fees.

Simple monthly fee

Pay $12 for a $1,000 limit, $18 for a $2,000 limit or $22 for a $3,000 limit1.

No use, no fee

If you don’t use your card and pay your total balance owing in full, you won't be charged the monthly fee1.

Accounting made easy

Share your spend data automatically with Xero or MYOB.

Control business spend

Keep on top of your business expenses by setting a spending cap.

CommBank Rewards

Cashback benefits for eligible cardholders through CommBank Rewards in the CommBank app2.

Rates & fees

Your CommBank Neo Business monthly fee is based on your credit limit.

  • $12 per month for $1,000 limit
  • $18 per month for a $2,000 limit
  • $22 per month for a $3,000 limit

This fee is charged at the end of your statement period. Each statement period runs for about 30 days, so you’ll be charged around the same time every month. You’ll then have 25 days from that time to pay (i.e. your due date).

The fee you pay depends on the limit you have when your statement period ends. If you change from a $3,000 to a $1,000 limit within a given statement period, and use your card, you’ll be charged a $12 fee at the end of period.

We’ll waive your monthly fee if you don’t have any processed transactions in a given statement period and you pay your previous statement closing balance in full (i.e. the total amount you owe from your last statement period) by the due date.

Type
Rates & fees
Conditions
Purchase interest rate
0% p.a.
Cash advance interest rate
0% p.a.
Cash advances are blocked. 
Exceptions may apply3
Balance transfer rate
Balance transfers not available
Monthly fee
$12, $18 or $22 (based on your credit limit)

Pay $0 if you don’t use your card and pay your total balance owing in full1
$12 for a $1,000 limit

$18 for a $2,000 limit

$22 for a $3,000 limit

Additional cardholder fee
$0
Minimum credit limit
$1,000

Things you should know

If you don't have any processed transactions in a given statement period and pay your previous statement closing balance in full by the due date, you won't be charged a monthly fee for that statement period. We may process transactions later than the day you originally made them. This is when your transaction is no longer a pending transaction and has been fully processed by us.

Eligible CBA credit or debit Mastercard customers, that are at least 18 years old, are not in hardship, and are not in default with any CommBank accounts can access CommBank Rewards through the latest version of the CommBank app. Terms and conditions including minimum spend requirements apply to CommBank Rewards and can be viewed within the CommBank app.

We’re unable to block cash advance transactions that aren’t sent to us for authorisation. These will not incur any additional fees or interest charges.

The advice on this website has been prepared without considering your objectives, financial situation or needs. You should, before acting on the advice, consider its appropriateness to your circumstances. Applications for credit cards are subject to credit approval. Full terms and conditions will be included in our Letter of Offer. Bank fees and charges apply.

View Terms and Conditions for Electronic Banking (PDF 135kb), NetBank and CommBiz (PDF 325kb) and consider them before making any decision about these products.

Mastercard and Priceless are registered trademarks, and the circles design is a trademark of Mastercard International Incorporated.

The CommBank Business Credit Cards are Personal Liability Business Credit Cards. By applying, you (the individual that is applying for a Business Credit Card) acknowledge that the Business Credit Card you are applying for provides for Personal Liability. We will look to you (and no any company, partnership or other business entity that may employ or engage you) to recover all amounts charged using the Business Credit Card, including any amounts charged by an additional cardholder.