On website
Commonwealth Bank Low Fee Credit Card
Balance transfer
N/A
Purchase rate
20.99% p.a. ongoing
Annual fee
$36.00 p.a. ongoing
Highlights
- Receive $200 cashback upon approval, and spend $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
Pros
Cons
About this credit card
Basics
Card usage
Eligibility
Additional cardholders
Credit limits
Repayments
Balance transfers
Balance transfer offer
Balance transfer conditions
Rates, fees, charges
Cash advances
Purchases
Account fees
Rewards
Rewards program basics
Rewards points per $1 spent
Additional perks
Insurance
Travel and lifestyle
Our review
Convenience
Customer service
Rates and fees
Rewards
Trust
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 Purchase Security and Extended Warranty insurance.
- Rewards points. The Commonwealth Bank Low Fee Credit Card has no rewards program.
- Sign-up bonus. Get up to $200 cashback when you apply online, 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 $4.00 or 3.00% of the transaction amount – whichever is greater.
- Foreign exchange fee. The CBA Low Fee Credit Card charges a 3.5% 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
History
User reviews
Convenience
Customer service
Rates and fees
Rewards
Trust
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
Promise
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
Pleased
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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