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CommBank Low Rate Credit Card

The CommBank Low Rate Credit Card offers $240 cashback, or $400 cashback with Yello. Ongoing benefits include a low ongoing interest rate.


Updated 23 December 2024


Fact checked and verified. Updated 23 December 2024
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Expert Review

As the name suggests, the CommBank Low Rate credit card is one of CommBank's low interest rate products. Featuring a competitive Purchase interest rate of 13.99% p.a., and including up to 55 interest free days, this product is great for minimising interest and managing cash-flow, if you want flexibility with your monthly repayment. Of the 200+ credit cards reviewed by Stay or Go, this card ranks among the best 25% lowest purchase rates. Further, the product has a $6 monthly fee.

Considering its key features, this card is most suitable to someone who wants the peace of mind that if they do need to pay interest from time to time, the rate will be competitive. Other benefits include no additional cardholder fees.

This CommBank Low Rate credit card currently features a choice of two introductory offers.

Offer 1: Discounted introductory purchase rate and $240 cashback.
For a limited time the CommBank Low Rate credit card has a 0% p.a. Purchase rate offer for 3 months. Plus, the product has a $240 cashback offer. To get this offer, there will be certain eligibility criteria that you should be aware of before you apply.
Offer 2: Discounted introductory purchase rate and $400 cashback with Yello.
For a limited time the CommBank Low Rate credit card has a 0% p.a. Purchase rate offer for 3 months. Plus, the product has a $400 cashback with Yello offer. To get this offer, there will be certain eligibility criteria that you should be aware of before you apply.

Product Details
With a low interest rate on purchases, our Low Rate credit card makes it easier to pay off purchases over time."
- CommBank
Rewards

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No rewards program

Fees
Account Fees

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$6 monthly account fee

Additional Cardholder Fees

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No additional cardholder fee

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Up to 1 additional cardholder

Transaction Fees

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3.50% international transaction fee

Other fees may apply.

Rates

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13.99% p.a. variable purchase rate

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21.99% p.a. variable cash advance rate

•

Up to 55 interest free days on purchases

Offers
Cashback Offer

$240cashback

Cashback Offer - Yello

$400cashback with Yello

CommBank Yello offer
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TMD

Before applying for this product, you should read the Target Market Determination (TMD) available here on the CommBank website.

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