Commonwealth Bank Low Fee Credit Card

On website

Commonwealth Bank Low Fee Credit Card

Balance transfer


Purchase rate

20.99% p.a. ongoing

Annual fee

$0.00 p.a. ongoing


  • Receive $200 cashback upon application by 1 March 2024, approval, and spending $500 or more monthly for the initial 4 months.
  • No annual fee if spending reaches at least $300 within your statement period.
  • Terms and Conditions apply. Enjoy up to 55 days interest-free.

Pros and cons


  • Get $200 cashback when you meet the criteria.
  • No annual fee when you meet the spending criteria.
  • Up to 55 days interest-free.


  • There is no rewards program on this card.
  • No international travel insurance.
  • There's a $3 monthly fee if you do not spend at least $300 in your statement period.

Our review


Customer service

Rates and fees



The basics

  • Additional cardholders. Additional cardholders can be added to the account at no extra cost.
  • Digital wallets. The Commonwealth Bank Low Fee Credit Card works with Apple Pay, Google Pay, and Samsung Pay.
  • Gambling transactions. Commonwealth Bank will not process gambling transactions on any of their cards.

Rewards and benefits

  • Complimentary travel insurance. There is no complimentary international travel insurance on this card.
  • Concierge services. The Commonwealth Bank Low Fee Credit Card does not offer a concierge service.
  • Insurances. This card comes with fraud protection.
  • Rewards points. The Commonwealth Bank Low Fee Credit Card has no rewards program.
  • Sign-up bonus. Get $200 cashback when you apply by 1 March 2024, are approved and spend $500 or more per month on purchases for the first 4 months.

Rates and fees

  • Annual fee. Enjoy a fee-free annual membership, provided you maintain a minimum spending of $300 within your statement period; otherwise, a monthly charge of $3 will be incurred.
  • Balance transfers. The Commonwealth Bank Low Fee Credit Card currently has no introductory balance transfer offer.
  • Cash advances. If you use this card to make a cash advance, you will be charged 21.99% p.a interest.
  • Cash advance fee. The Commonwealth Bank charges $3.00 or 3.00% of the transaction amount – whichever is greater.
  • Foreign exchange fee. The CBA Low Fee Credit Card charges a 3% fee on overseas cash advances.
  • Interest-free period. You'll receive 55 days interest-free on purchases.
  • Purchases. The Commonwealth Bank Low Fee Credit Card does not have any introductory offer for purchases, but it does have a purchase rate of 20.99% p.a.


Reviewed by Credit Card Compare Staff

User reviews


Customer service

Rates and fees



I got a credit card for extra money

Reviewed by Rebecca Clarke

Quick response if you get hacked

Reviewed by Sheree

I wish I shopped around first

Reviewed by Shez

Overall quite pleased

Reviewed by Tara

Very good

Reviewed by netdy

Hate having this card now that I'm a pensioner

Reviewed by Nols

Very happy with this card

Reviewed by Jayblz

Quite happy with this card

Reviewed by Alison

MasterCard service and good customer service

Reviewed by Gary

I am closing down this card

Reviewed by Liz Brown

I recommend it

Reviewed by Faiyaazul

Great customer service

Reviewed by Darryl

High interest

Reviewed by Michelle

Generally happy with the card

Reviewed by Member

Quite pleased with this card though fees are high

Reviewed by Julia R

Satisfied with this card

Reviewed by Denise

Best ever

Reviewed by Gidge

Brilliant card

Reviewed by Laurette Power

Very happy with this card and its features

Reviewed by Bugzy

I have had this card for years

Reviewed by Margaret Roberts


Reviewed by Alison mc

Credit cards are losing their appeal for me

Reviewed by Ken

Very pleased

Reviewed by Susan

The best card if you have got 'everything'

Reviewed by Little Kiwi

An interesting card

Reviewed by Anon

So so

Reviewed by no name

Simple no fee card

Reviewed by David

Never over spending

Reviewed by One Happy Customer

Bargain central

Reviewed by Happy as!

Honest truth

Reviewed by Suzannah

Simple, but effective

Reviewed by Liam

Very pleased

Reviewed by Anon

Lower interest rate than a personal loan

Reviewed by J Lockley

Saved me!

Reviewed by Jasmin

Savvy savings

Reviewed by Gina

Helps when I need to use it

Reviewed by Chrissie

I saved on interest

Reviewed by Suzanne

The credit card for beginners

Reviewed by Skye

This helped with my home renovations

Reviewed by Jody

Okay card

Reviewed by Kathryn

Simple card, no complaints

Reviewed by Kellie

Low cost or no cost if you put $1k through a year

Reviewed by Scott

Very pleased with the cost of keeping this card

Reviewed by Eloisa


Reviewed by Tim

No fees saves me a lot, for my spending habits

Reviewed by Jarrad

No fees!

Reviewed by Sab

Good as a backup

Reviewed by Michael

Fairly pleased

Reviewed by Elise

Very pleased with customer service

Reviewed by Dean

Works for me

Reviewed by Melissa

This card is great and the fees are low

Reviewed by Josh

Happy so far

Reviewed by John

Hassle-free with no fees (though no rewards)

Reviewed by John

Problems reducing my limit

Reviewed by Rachel

Generally very pleased with this card

Reviewed by Kellie

Very happy

Reviewed by Karleen

Reliable and trustworthy

Reviewed by Haylee

Quick to get and good rewards

Reviewed by Scot

Saved me a lot of money

Reviewed by Lucinda

Great low-fee card

Reviewed by Alice

Able to set my own credit limit

Reviewed by Shannon

It helped pay off some of my debts

Reviewed by Scott

Lots of features to help me stay in control

Reviewed by Kellie

The good and the bad

Reviewed by Margaret

Basic card, user-friendly

Reviewed by Liam

Expensive if not cleared every month

Reviewed by Chantelle

Superb for travelling without added worries

Reviewed by Max

Low fees, regular updates, great service

Reviewed by Tamika

Outstandingly low fees

Reviewed by Emma

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