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Low Rate Gold credit card

Apply Now: Up to $200 Cash Back with all new CommBank credit cards°.

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

Rates and fees

$120 annual fee
$90 annual fee for eligible customers*
12.99%+ p.a. purchase interest rate
21.24% p.a. cash advance interest rate

Apply online

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About the Low Rate Gold credit card

Features and benefits

  • Up to 55 days interest free on purchases
  • 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 fee2
  • 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
  • Optional CreditCard Plus insurance
  • Transactions updated instantly3 – so you’ll always know where you stand
  • Transaction location mapping – track purchase locations

  • Our lowest interest rate on purchases
  • Free additional card. Apply now
  • Enjoy a discount off your annual fee – receive a discount of $30 off your annual fee if you have a qualifying CommBank account or loan when you apply*
  • Stay in control with alerts and payment reminders1
  • 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
  • Minimum credit limit of $4,000


Rates and fees

Interest rate

12.99%+ p.a. purchases interest rate
21.24% p.a. cash advance interest rate

Interest-free period

Up to 55 days interest free on purchases, but does not apply to cash withdrawals or Low Rate accounts opened before 1 July 2012 (excluding accounts where we treat your order of payments differently) where a balance transfer remains outstanding

Balance transfer rate

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

Annual fee

Currently $120 (or $90 if you’re a qualifying customer)

Additional cardholder fee


Cash advances

  • Commonwealth Bank Over the Counter5 $2.50 or 1.75% p.a. (whichever is greater).9
  • ATM6: 1.75% p.a. of the cash advance amount.9
  • Any other Commonwealth Bank network7: 1.75% p.a. of  the cash advance amount.9
  • Non-Commonwealth Bank Over the Counter8: $3.00 or 1.75% p.a. of the cash advance amount (whichever is greater).9
  • Overseas terminal or bank: $4.00 or 1.75% p.a. of the cash advance amount (whichever is greater).9
  • Cash equivalent items or cash substitutes10: 1.75% p.a. of the cash advance amount.9

Related products

Low Rate credit card

With an interest rate of 12.99%+ p.a., the Low Rate card is our most popular credit card.

Learn more

Low Fee Gold credit card

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

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

*Please view eligibility for preferential pricing

1 Subscription to this service may be limited

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

3 Excludes some manual transactions and some contactless payments

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.

° Offer only applies to new personal credit card applications applied for online during the campaign period. Offer is available for a limited time and can be withdrawn at any time at the discretion of the Bank. Excludes Corporate credit cards, Business credit cards and existing credit card accounts. Cannot be used in conjunction with any other offer. To be eligible for cashback, you need to apply online during the campaign period and spend a minimum $100 of eligible purchases on your new CBA credit card at participating partner merchant locations by 31st May 2014. Cashback will be provided in the form of a $50 giftcard for redemption at each partner merchant where eligible purchases have been made.

+ Changing to 13.49% p.a. from 1/6/14

Note: For cash advances and balance enquiries made through a non-Commonwealth Bank 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 the cash advance amount) if applicable. You should check the ATM owner’s fees that apply carefully before completing.

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.

MasterCard and the MasterCard brand mark are registered trademarks of MasterCard International Incorporated. PayPass and Tap & Go are trademarks of MasterCard International Incorporated.