Our Low Rate credit cards

Low rate

Low Rate credit card

  • A low interest rate on purchases – currently 13.24% p.a.
  • Annual fee of $59
  • Up to 55 days interest free on purchases

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Apply online

Low rate gold

Low Rate Gold credit card

  • A low interest rate on purchases – currently 13.24% p.a.
  • Annual fee of $89
  • International travel insurance included

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Apply online

How it works

  1. Apply for a new Low Rate, Low Rate Gold or Low Rate Business credit card by 4 February 2018
  2. Spend $1,000 on eligible purchases within 90 days of activating your new card.
  3. That’s it. Your $300 cashback will be credited to your account within 60 days of spending $1,000.

Please note this offer is not available to customers who currently hold, or have held, any personal Low Rate, Low Rate Gold and/or Low Rate Business Credit Cards (personal liability) types in the 12 months prior to 1 November 2017.

Things you should know

CommBank Credit Card Conditions of Use

Offer applies to new personal Low Rate and Low Rate Gold / Low Rate Business Credit Cards (personal liability) applied for between 1 November 2017 and 4 February 2018 only. To be eligible for the $300 cashback, you need to spend $1,000 on eligible purchases using your new card within the first 90 days of card activation. Excludes balance transfers, cash advances and any purchase that is reversed or refunded. Offer excludes all existing cards, switches from other card types and is not available to customers who currently hold, or have held, any of the above cards types in the 12 months prior to 1 November 2017. Offer only available on one credit card per customer, can be withdrawn at any time, and cannot be used in conjunction with any other offer. Cashback will be credited within 60 days of you meeting the spend criteria and will appear on your statement as ‘CASHBACK $300’. 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.

Applications are subject to credit approval. Full Conditions of Use will be included in our Letter of Offer. Fees and charges apply. Mastercard is a registered trademark and the circles design is a trademark of Mastercard International Incorporated. Commonwealth Bank of Australia ABN 48 123 123 124 Australian credit licence 234945.