Commonwealth Bank Low Fee Card

Find out more about the Commonwealth Bank Low Fee Credit Card

Apply now for a Commonwealth Bank Low Fee Credit Card

A low fee credit card is a great deal, a fee free credit card is an even better deal and when you choose the Commonwealth Bank Low Fee card, you can use and manage your card to entirely avoid interest and fees. A credit card doesn’t have to be an expensive financial product if you have the best credit card deal for your needs, and you know how to use it.

Is the Commonwealth Bank Low Fee Credit Card the Best Deal For You?

Only you can answer that question because only you know the reality of your spending and savings behaviours and the features you need to keep your credit card debt under control. Therefore, once you have determined how you use and want to use your credit card, consider whether the features of the Commonwealth Bank Low Fee credit card will help you meet those needs:

An annual fee waiver. If you spend over $1,000 in a year on your credit card and also hold an eligible Commonwealth Bank loan or savings account you can enjoy a $0 annual credit card fee. This is a saving of $24 which can add up over time, especially when you have the opportunity to avoid it.
A free additional card holder. You can add a friend or family member to your Commonwealth Bank Low Fee credit card for free too. Your additional card holder’s purchases go to the same account balance as your own, and there is just one monthly balance to repay. Your additional card holder can even help you reach the $1,000 spending limit to qualify for a fee free account.
MasterCard SecureCode. MasterCard allows you to choose an additional security PIN for when you use your card online. At online stores participating in the SecureCode program, you will be asked to enter you additional PIN before your transaction is processed. This added layer of security means you never have to miss out on that online bargain again.
Chip and PIN technology. When you use your card in person it is also well protected because instead of signing a signature which anyone can forge, you can enter your PIN when you pay with credit. With the information of your credit card on the card’s chip, it is also harder for credit card skimmers to stead the information.
A day interest free period. Use the banks’ money fee free and interest free for days before you pay the balance back to zero and you have the opportunity to earn interest on your own funds in a specialised high interest savings account, so you actually earn interest, rather than pay interest on your credit card. If you do get charged interest, your purchases will be charged 20.24% p.a. and your cash advances 21.74% p.a..
A balance transfer offer of 5.99% p.a. for 5 months. Stop being controlled and crushed by credit card debt and get out from under a large balance and a high interest rate with a balance transfer. You can transfer the balance from any non-Commonwealth credit card to enjoy a low interest rate, and months to focus your repayments to b e debt free.

How to Apply for the Commonwealth Bank Low Fee Credit Card Deal

The Commonwealth Bank Low Fee credit card is affordable and easy to use, and just as easy to apply for. First you need to meet the minimum eligibility requirements:

Are you 18 years or older?
Are you an Australian citizen or permanent resident?
Ultimately the approval of your new card is subject to CommBank’s assessment of your credit rating.

You can then complete your application online as a new customer, or upgrade your account internet banking if you are an existing customer. Before you start your online application you will see a short review of the fees and interest charges of the Commonwealth bank Low Fee card, so you can remain informed of the credit card deal you are applying for.

To start your online application now and enjoy fee free low interest banking sooner, follow our secure link to the Commonwealth Bank online application form.