Commonwealth Bank Low Fee Card – Details and Application
Posted February 16th, 2008
and last modified January 24th, 2012
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The Commonwealth Bank Low Fee Credit Card is a competitive low annual fee credit card offer.
Interest Rates, Fees & Charges
| Balance Transfer Rate |  |
5.99% p.a. for 5 months |
|---|---|---|
| Interest Rate on Purchases | |
20.24% p.a. |
| Annual Fee | |
$24 ($0 for qualifying customers) |
| Interest Free Period | |
up to 55 days |
| Cash Advance Rate | |
21.74% p.a. |
| Card Type | |
Standard |
| Credit Card Type | |
MasterCard |
| Rewards Program | |
No |
The Commonwealth Bank Low Fee Credit Card offers a $24 ($0 for qualifying customers) annual fee for qualifying Commonwealth Bank customers who spend $1,000 or more per year on their credit card.
- Standard interest rates of 20.24% p.a. on purchases And 21.74% p.a. on cash advances
- Up to 55 days interest free
- $24 ($0 for qualifying customers) annual fee.
- 5.99% p.a. for 5 months on balance transfers
- Minimum Credit Limit: $500
- Global access – over 24 million locations
- Issued with chip for extra security
- Free additional cardholder
Read the official terms and conditions
Commonwealth Bank Low Fee Card Review
The CBA Low Fee Credit Card is a true advocate for great features in a low-usage credit card. With no rewards program and only a $24 ($0 for qualifying customers), you won’t be pressured to spend more than you really need to.
Benefits:
- Preferential Pricing: if you have another Commonwealth Bank account or loan and spend more than $1,000 per year on purchases your annual fee will be waived.
- Additional Cardholder: with the Commonwealth Bank Low Fee Credit Card you are entitled to one free additional cardholder.
- MasterCard Applause: get exclusive access to the MasterCard Applause online booking service for theatre, sporting events and concerts.
Read the official terms and conditions
| Minimum Income | Minimum Age | 18 years of age | |
| Residency | Permanent Australian Resident | Credit Rating Requirement | Good |
| Min Credit Limit | $500 | Max Credit Limit |
| Annual Fee | $24 | Balance Transfer Fee | |
| Minimum Repayment | 2% | Interest Charged From | Purchase Date |
| Late Payment Fee | $20 | Over Limit Fee | $10 |
| Overseas Emergency Replacement | $20 | Overseas ATM Balance check | $1.25 |
| Overseas ATM Withdrawal | $4 | Foreign Currency Conversion Fee |
Can 457 visa holders apply for this credit card? (Temporary Business visa)