Learn about credit cards
An increase to your credit card limit can come in very handy, but also comes with potential risks. Here are some things to think about before raising your limit.Learn more
Your credit card can be a lifeline while you're abroad, so make sure you set it up and use it correctly to take full advantage of what it has to offer.Learn more
Things you should know
Applications are subject to credit approval. Full Conditions of Use will be included in our Letter of Offer. Fees and charges apply. Mastercard and the Mastercard brand mark are registered trademarks of Mastercard International Incorporated. Commonwealth Bank of Australia ABN 48 123 123 124 Australian credit licence 234945.
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.
*The annual fee is charged at $5 per month or $2 per month if you:
- Set up automated monthly repayments through our credit card AutoPay from a CommBank transaction account and
- Opt in to receive online statements on your CommBank Essentials account through NetBank (and to enable this, you maintain your NetBank facility and provide us with a valid email address)
^We're unable to block cash advance transactions that aren't sent to us for authorisation. These will incur interest at a rate of 9.90% p.a. from the date the transaction is made until it's repaid.
** Offer applies to new personal Low Rate and Low Rate Gold / Low Rate Business Credit Cards (personal liability) applied for online, in-branch and over the phone between 15 August 2018 and 28 October 2018 only. To be eligible for the $200 cashback, you need to spend $500 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 eligible card types in the 12 months prior to 15 August 2018. Offer only available on one credit card per customer, can be withdrawn at any time, and cannot be used in conjunction with any other offer.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 eligibility criteria and will appear on your statement as ‘CASHBACK $200’. 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.