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Low Rate Gold credit card

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

Rates and fees

$89 annual fee
13.24% 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.


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About the Low Rate Gold credit card

Features and benefits

  • Up to 55 days interest free on purchases
  • International travel insurance included with your card (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
  • Control your security and spending – instantly lock international payments, block ATM cash advances and limit your spending through the CommBank app or on NetBank.


  • Our lowest interest rate on purchases
  • Free additional card. Apply now
  • 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


  • 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
  • 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 or on NetBank.


Rates and fees

Interest rate

13.24% p.a. purchases interest rate
21.24% p.a. cash advance interest rate

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,4 cash advance rate thereafter.

Annual fee


Additional cardholder fee


Cash advances

  • Commonwealth Bank over the counter5: $2.50 or 2.00% of the transaction amount (whichever is greater).9
  • ATM6: $2.50 or 2.00% of the transaction amount (whichever is greater).9
  • Any other Commonwealth Bank network7: $2.50 or 2.00% of the transaction amount (whichever is greater).9
  • Non-Commonwealth Bank over the counter8: $2.50 or 2.00% of the transaction amount (whichever is greater).9
  • Overseas terminal or bank: $2.50 or 2.00% of the transaction amount (whichever is greater).9
  • Cash equivalent items or cash substitutes10: $2.50 or 2.00% of the transaction amount (whichever is greater).9

Lock, block and limit your card


  • Instantly lock, block and limit your credit card for extra control through the CommBank app or NetBank.
  • 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 settings on and off whenever you need to.11


Related products

Low Rate credit card

With an interest rate of 13.24% 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 international travel insurance included with your card.

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

Things you should know:

CommBank Credit Card Conditions of Use

Offer applies to new personal Low Rate, Low Rate Gold and Interest Free Days Business Credit Cards (personal liability) applied for between 1 November 2016 and 31 January 2017 only. To be eligible for the $250 cashback, you need to spend $500 on eligible purchases using your new card by 31 March 2017 (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 card types in the 12 months prior to 1 November 2016. After the first year, the then current standard annual fee applicable to your card type will apply. 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. Cash back will be credited within 60 days of you meeting the spend criteria and will appear on your statement as ‘$250 cash back’. You will be ineligible for the cash back if your account is closed, switched to another card, or in default at any time prior to the cash back being credited to your account.

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.

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

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.