As at 15 January 2020
1 For CommBank Essentials credit cards, the annual fee is charged monthly at $5 per month, or $2 per month if you (i) set up automated monthly repayments (through our AutoPay) from a CommBank transaction account; and (ii) opt-in to receive statements on this account through NetBank (and to enable this, you maintain your NetBank facility and provide us with a valid email address).
2 For CommBank Essentials credit cards, cash advances will be blocked. Exceptions apply, as we are unable to block cash advance transactions that are not sent to us for authorisation and these will attract interest from the date the transaction is made, until it is repaid.
3 For Low Fee credit cards, no annual fee in the first year and each year after that if you spend $1,000 or more on purchases or cash advances in the previous year.
4 For Low Fee Gold credit cards, no annual fee in the first year and each year after that if you spend $10,000 or more on purchases or cash advances in the previous year.
5 For the Ultimate Awards credit card, the annual fee is charged monthly at $35 per month, or $0 per month if you (i) spend at least $2,500 on your Ultimate Awards credit card in your statement period and (ii) choose to receive online statements.
Spend includes all purchases and cash advances made using your Ultimate Awards credit card, minus any refunds. This is for all transactions fully processed in the given statement period (not pending transactions). You can opt in to receive online statements through NetBank or the CommBank app, which will require a valid email address.
6 Includes cash advances through a terminal at ASB Bank in New Zealand, CommBank in Indonesia and CommBank in Vietnam. For cash advances and balance enquiries made through a non-CommBank 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 any cash advance amount).
7 Includes any funds transfers through NetBank, CommBank app, by calling 13 2221 and Australia Post.
8 Applies to transactions for items we consider equivalent to cash, such as gambling, lottery tickets, money transfers or travellers cheques, including transactions which merchants tell us are for such items. Western Union transactions will also be considered equivalent to cash from 31 July 2019 onwards - you may have received previous communications via your statements announcing that this change would be effective from 1 July 2019. Please disregard this date and note that this change will now occur from 31 July 2019.
9 For cash advances, the cash advance fee will also apply (excluding CommBank Essentials credit cards).