Features & benefits

Control your expenses

No annual fee.

Manage online with CommBiz or NetBank – request online statements, establish automated payments, order cards and change daily withdrawal limits.

Stay in control with alerts and payment reminders.1

Transactions updated instantly – so you’ll always know where you stand.2

Simplify admin

Separate your business expenses from your personal, making your business activity statement (BAS) easier.

Protect yourself

Included Transit Accident Insurance and Unauthorised Transaction Insurance.3

Instantly lock international payments, block ATM cash withdrawals and limit your spending from the CommBank app or NetBank.4

24/7 emergency assistance overseas if you lose your card.

Apply easily

Simple application process, no need to provide business financials.

Minimum credit limit of $500.

Unsecured credit limit of up to $50,000 (based on eligibility criteria).

Enjoy exclusive experiences

Access to a unique collection of experiences and offers exclusively for Mastercard® cardholders through Priceless Sydney and Mastercard Privileges.

Rates & fees

Type
Rates & fees
Conditions
Purchase interest rate
14.55% p.a.
Cash advance interest rate
14.55% p.a.
Balance transfer rate
5.99% p.a.
Pay a low 5.99% p.a. in interest for the first 5 months on the balance you bring across, cash advance rate thereafter.5
Annual fee
$0
Additional cardholder fee
$0
Minimum credit limit
$500
Cash advances
  • ATM6: 1.50% of the transaction amount7
  • Commonwealth Bank over the counter8: $2.50 or 1.50% of the transaction amount (whichever is greater)7
  • Non-Commonwealth Bank over the counter9: $3.00 or 1.50% of the transaction amount (whichever is greater)7
  • Any other Commonwealth Bank network10: 1.50% of the transaction amount7
  • Overseas terminal or bank: $4.00 or 1.50% of the transaction amount (whichever is greater)7
  • Cash equivalent items or cash substitutes11: 1.50% of the transaction amount (whichever is greater)7

Other fees may apply. For full details, see the Personal Liability Business Credit Cards Standard Fees and Charges (PDF 11kb)

Things you should know

* Offer available on new Low Fee, Low Fee Gold, Low Rate, Low Rate Gold and Low Rate Business (personal liability) credit cards applied for between 29/10/2020 and 25/02/2021. Offer not available on the CommBank Essentials credit card, all other card types, existing cards, and switches from other card types, and will be forfeited if you switch to a different credit card type during the 15 month period. The 0% p.a. interest rate on purchases (but not balance transfers and cash advances) is valid for 15 months from the date of card approval. At the end of the 15 month period, the interest rate will convert to the standard variable purchase interest rate for your card type at that time. We reserve the right to close the offer prior to 25/02/2021.

1 Subscription to this service may be limited.

2 Excludes some manual transactions and some contactless payments.

View our Certificate of Transit Accident Insurance (PDF) here and Certificate of Unauthorised Transactions Insurance here.

4 Lock, Block, Limit does not apply to transactions that are flagged as recurring (e.g. direct debits) and transactions not sent to us for authorisation. Except for the spending cap, transactions made via Tap & Pay set up on a compatible smartphone or via a PayTag are not blocked. Some transactions made via CommBank branches, telephone, online or mobile banking, including transfers to other accounts, bill payments, and assisted cash withdrawals are also excluded. Other conditions apply.

5 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. Other fees and charges may be payable.

6 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.

A maximum charge of $150.00 (or a flat fee of $2.50 applies if your closing balance on previous business day was in credit).

8 Charge applies to cash advances at Commonwealth Bank branches.

9 Fee applies to cash advance transactions made at other financial institutions within Australia.

10 Charge applies to cash advances by way of funds transfer through NetBank, PhoneBank Transfer, Commonwealth Bank Customer Service Centre, Australia Post, 13 2221 Transfer Cash, NetBank Transfer Home Loan, Mobile Bank Transfer and NetBank Transfer Personal Loan.

11 Charge applies to purchases of cash equivalent items or cash substitutes including gambling transactions or traveller’s cheques.

Note: For cash advances and balance enquiries made through a non-Commonwealth Bank ATM in Australia, the ATM owner may charge you a fee, which will be disclosed at the time of the transaction. If you proceed with the transaction, the ATM owner’s fee will be debited to your account (in addition to the cash advance amount) if applicable. You should check the ATM owner’s fees that apply carefully before completing. 

Applications for finance are subject to the Bank’s normal credit approval. Full terms and conditions are included in our Letter of Offer. Bank fees and charges may apply. This advice has been prepared without considering your objectives, financial situation or needs. Before acting on the advice, please consider its appropriateness to your circumstances. You can also download our Financial Services Guide (FSG) (PDF 59kb).

You can add your CommBank business credit cards and Visa Business Debit card to Apple Pay. Some CommBank cards are ineligible for Apple Pay including Mastercard Business Debit Card and Corporate card.

Apple, the Apple logo, Apple Pay, Apple Watch, MacBook Pro, iPad and iPhone are trademarks of Apple Inc., registered in the U.S. and other countries.

Mastercard® is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.

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

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.