Low rate credit card

With a low interest rate on purchases, our Low Rate credit card makes it easier to pay off your balance over time.


  • You won’t earn Awards points
  • International travel insurance isn't included
  • Higher annual fee compared to the Low Fee credit card 
  • Higher interest rates compared to the CommBank Essentials credit card
  • International transaction fees apply

  • 13.24% p.a purchase interest rate
  • $59 annual fee
  • Minimum credit limit of $500

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Things you should know

  • ^ This offer has been extended. Offer available on new Low Rate credit cards applied for between 01/03/2022 and 31/10/2022 (previous end date 30/06/2022). Offer not available on all other card types, including Low Rate Gold, CommBank Essentials and CommBank Neo credit card, existing cards, and switches from other card types. Offer not available if you currently hold, or have held, any Low Rate card type in the 12 months prior.

    This offer consists of: (i) a 0% p.a. interest rate on purchases (but not balance transfers and cash advances) for 18 months from the date of card approval, and (ii) $100 cashback once you spend $1,000 on purchases (but not balance transfers and cash advances) using your new card within 90 days of activation.

    At the end of the 18 month period, the interest rate will convert to the standard variable purchase interest rate at that time. The 0% p.a. interest rate offer will be forfeited if you switch to a different credit card type during the 18 month period.

    Cashback will be credited within 90 days of you meeting the spend criteria and will appear on your statement as ‘CASHBACK $100’. Cashback only available on one credit card per customer. You will be ineligible for the cashback if your account is closed, switched to another card or in default at any time prior to the cashback being credited to your account.

    We reserve the right to close the offer prior to 31/10/2022.

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