Commonwealth Bank Low Fee Gold credit card – Review & Application
Find out more about the Commonwealth Bank Low Fee Gold credit card
With the Commonwealth Bank Low Fee Gold credit card’s up to 55 days interest free shopping and the no fee option by spending $10,000 or more on the card each year you basically get a credit card free from annual fees. Now before you jump all the way to the next Commonwealth Branch in joy know this; you MUST pay off your card in FULL each and every month. You may also want to compare this with the Commonwealth Bank Low Fee credit card too which has a lower annual fee.
More Features and Benefits Than You Can Handle
Check out the following benefits and features of the Commonwealth Bank Low Fee Gold credit card to get a better understanding of the value of this card.
Annual fee of $90 ($0 for qualifying customers): This basically means that if you are qualified to own one of these cards you’ll be saving $90/year if you spend $10,000 or more each year.
Interest Rates, Fees & Charges
| Balance Transfer Rate |  |
5.99% p.a. for 5 months |
|---|---|---|
| Interest Rate on Purchases | |
20.24% p.a. |
| Annual Fee | |
$90 ($0 for qualifying customers |
| Interest Free Period | |
up to 55 days |
| Cash Advance Rate | |
21.74% p.a. |
| Card Type | |
Gold |
| Credit Card Type | |
MasterCard |
| Rewards Program | |
No |
The following interest rates apply to your new Low Fee Gold credit card from CBA:
- 20.24% p.a. on purchases
- 21.74% p.a. on cash advances
- 5.99% p.a. for 5 months for balance transfers
- Up to 55 days interest free on purchases
Complimentary International Travel Insurance: If you plan on travelling overseas, then CBA throws in a complimentary insurance for trips up to 3 months.
Extended Warranty Insurance: Enjoy worry-free shopping thanks to this insurance. It gives you peace of mind, knowing you will always be protected against faulty purchases. Despite this promise, read the small print for defined terms.
Purchase Security Insurance: Enjoy safe shopping for 90 days. If your new items are lost, stolen or damaged within 90 days, CBA will repair or replace them, free of charge.
Free additional card: Get a second card for free.
PayPass Convenience: Shop conveniently for purchases up to $100 with the revolutionary PayPass system.
More Benefits than you can handle: Get free access to MasterCard® Moments, MasterCard® applause, use your card in millions of locations around the world, and receive emergency assistance while overseas.
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 | $4,000 | Max Credit Limit |
| Annual Fee | $90 | Balance Transfer Fee | |
| Minimum Repayment | 2% | Interest Charged From | |
| Late Payment Fee | $25 | Over Limit Fee | $25 |
| Overseas Emergency Replacement | $20 | Overseas ATM Balance check | $1.25 |
| Overseas ATM Withdrawal | $4 | Foreign Currency Conversion Fee |
What is the available limit on this card