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LOW FEE GOLD CREDIT CARD


Apply Now: Enjoy 0% p.a. on purchases for 10 months with all new personal CommBank credit cards°.

Enjoy the flexibility and convenience of a card with a low annual fee and complimentary insurances.

Rates and fees

$90 annual fee
$0 annual fee for eligible customers*
19.74% p.a. purchase interest rate
21.24% p.a. cash advance interest rate

How to apply

Apply online and get a response in 60 seconds.

About the Low Fee Gold credit card

Features and benefits

  • Up to 55 days interest free on purchases
  • Minimum credit limit of $4,000
  • Complimentary international travel insurance (Eligibility and Coverage)
  • MasterCard® PayPass™ for a faster way to pay for purchases under $100. Just Tap & Go™
  • Present your card when purchasing a Travel Money Card and pay no issue fee1  
  • Extended warranty insurance – most purchases will gain up to one extra year’s warranty on top of the manufacturer’s Australian warranty. 
  • Purchase security insurance – we’ll repair or replace most purchases if lost, stolen or damaged within 90 days
  • Transactions updated instantly2 – so you’ll always know where you stand
  • Transaction location mapping – track purchase locations
  • Control your security and spending – instantly lock international payments, block ATM cash advances and limit your spending through the CommBank app.

  • Annual fee is currently $90 or $0 if you hold a qualifying* CommBank account or loan when you apply. We’ll waive your annual fee for the first year, then continue to waive your annual fee each subsequent year as long as you spend at least $10,000 in the previous year (on purchases and cash advances only)
  • Free additional card. Apply now
  • Stay in control with alerts and payment reminders3
  • Optional CreditCard Plus insurance
  • MasterCard is accepted at over 35 million locations worldwide, in over two million ATMs, in more than 210 countries
  • 24/7 emergency assistance overseas if you lose your card with Global Service
  • Access to a unique collection of entertainment experiences and offers exclusively for MasterCard cardholders through Priceless Sydney and MasterCard Privileges

Security

  • Our 100% money back guarantee means you’ll never be liable for fraudulent use of your credit card, provided you follow the Credit Cards Conditions of Use.(PDF 247KB)
  • 24-hour fraud protection detects any abnormal transactions or spending patterns
  • Secure internet shopping with NetCode
  • Enhanced security chip protection
  • MasterCard® Zero Liability gives you the peace of mind of free protection against fraud and other unauthorised transactions made with your card
  • Control your security and spending – instantly lock international payments, block ATM cash advances and limit your spending through the CommBank app.

Rates and fees

Interest rate

19.74% p.a. on purchases
21.24% p.a. on cash advances


Interest-free period

Up to 55 days interest free on purchases.

Balance transfer rate

Pay a low 5.99% p.a. in interest for the first 5 months on the balance you bring across, cash advance rate thereafter.4

Annual fee

Currently $90, or $0 if you hold a qualifying CommBank account or loan when you apply. We’ll continue to waive your annual fee each subsequent year as long as you spend at least $10,000 in the previous year (on purchases and cash advances only).

Additional cardholder fee

Free

Cash advances

  • Commonwealth Bank over the counter5: $2.50 or 2.00% p.a. of the transaction amount (whichever is greater).9
  • ATM6: $2.50 or 2.00% p.a. of the transaction amount (whichever is greater).9
  • Any other Commonwealth Bank network7: $2.50 or 2.00% p.a. of the transaction amount  (whichever is greater).9
  • Non-Commonwealth Bank over the counter5: $2.50 or 2.00% p.a. of the transaction amount (whichever is greater).9
  • Overseas terminal or bank: $2.50 or 2.00% p.a. of the transaction amount (whichever is greater).9
  • Cash equivalent items or cash substitutes: $2.50 or 2.00% p.a. of the transaction amount (whichever is greater).9, 10


Lock, block and limit your card

  • Instantly lock, block and limit your credit card for extra control through the CommBank app.
  • Lock in-store international payments – so that no one can use your card in store overseas,
  • Lock online international payments – to prevent anyone using your card to make purchases on international websites,
  • Block ATM cash advances – so nobody can use your credit card to take out money except you,
  • Limit your spending – by setting a maximum amount per transaction.
  • The settings you activate will apply instantly and you can switch these setting on and off whenever you need to.11

Related products

Low Fee credit card

Enjoy the flexibility and convenience of a card with our lowest annual fee and plenty of extras.

Learn more

Low Rate Gold credit card

Stay in control of your finances with our lowest interest rate, plus handy extras like complimentary travel insurance.

Learn more

CreditCard Plus

Insurance for your credit card that can help pay your credit card bill in the event of unforeseen circumstances.

Learn more

How can we help you?

Important information

° Applies to applications received by 15/9/14 and approved by 15/10/14; can be withdrawn at any time at the Bank’s discretion; and cannot be used in conjunction with any other offer. Excludes Corporate, Business Liability Business and existing Credit Card accounts. After 10 months from date of card approval, the rate converts to the standard variable purchase interest rate for your card current at that time. Applications are subject to credit approval. A separate variable interest rate applies for cash advances. Full Conditions of Use will be included in our Letter of Offer. Fees and charges are payable.

*Please view eligibility for preferential pricing

1 Refer to Travel Money Card Conditions of Use and Product Disclosure Statement for more information

2 Excludes manual transactions and some contactless payments

3 Subscription to this service may be limited.

4 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.

5 Charge applies to cash advances at Commonwealth Bank branches.

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.

7 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.

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

9 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).

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

11 Excludes transactions flagged as recurring (e.g. direct debits) and transactions not sent to us for authorisation. Other Terms & Conditions apply.

MasterCard and the MasterCard Brand Mark are registered trademarks of MasterCard International Incorporated. PayPass and Tap & Go are trademarks of MasterCard International Incorporated.

The information on this website has been prepared without considering your objectives, financial situation or needs. Because of that, you should, before acting on the information, consider its appropriateness to your circumstances. Please view our Financial Services Guide. Please view our Credit Card Conditions of Use.

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