Commonwealth Bank Low Rate Card – Details and Application

Featured CBA Credit Card

The Commonwealth Bank Awards credit card allows you to earn 1.5 Awards points for every $1 you spend. You can then redeem these points for a great range of rewards including travel, merchandise, gift cards and more

• $89.00 annual fee
• 20.49% p.a. on purchases
• 5.99% p.a. for 5 months on balance transfers
• Cash Advance Rate of 21.49%
• State of the art fraud protection including advanced systems which monitor your account 24/7.

Click here to read the Commonwealth Bank Awards Credit Card terms and conditions

Have high interest rates been an issue for you in the past? Pay less on your repayments with the fantastic low interest rate of the Commonwealth Bank Low Rate card.

One of the biggest problems facing Australians is mounting credit card debt. A big part of the issue with this debt is the amount of money we spend on interest fees. These costs mean that less money goes toward paying down your principle balance making it all the more difficult to get out of debt. That is why a low rate card is such a good idea, it gives you the convenience and spending power of a credit card without all of the added costs typically associated with them.

To sweeten the deal even more the Commonwealth Bank Low Rate Credit Card now has a balance transfer offer to help you deal with your current credit card debt. A balance transfer is when you take your existing credit card debt from any non- Commonwealth Bank credit cards and move it over to your new credit card. Right now you can move your debt to the low rate card and pay only 13.24% per annum interest on it for five months. Within in that five months you can save loads of money on interest fees allowing you to pay down your old debt and finally get yourself in the clear of those high interest rates.

Commonwealth Bank Low Rate Card

• Standard interest rate of 13.24% p.a. on purchases.
• 21.49% on cash advances.
• Low $78 annual fee, reduced to for qualifying customers.
• Up to 55 days’ interest free on all purchases.
• Balance transfer rate of 5.99% p.a. for 5 months.
• Free additional card for a family member or friend.
• Online security guarantee.
• Worldwide acceptance.
• Enhanced chip security.
• State of the art fraud detection systems.
• Access to MasterCard Paypass which lets you tap instead of swiping your card for purchases of less the $35.
• Access to MasterCard Applause for high quality booking service for theatre, concerts, and sports events.
• Optional CreditCard Plus repayment cover and Secure Sentinel services.

The Commonwealth Bank Low Rate Credit Card has an ongoing low rate of just 13.24% p.a. so you’ll pay less interest on any outstanding balances you have each month, leaving you free to shop, pay bills and manage your general living expenses cost-effectively. If you tend to delay on your credit card payments, then this card is suitable for you. One of the Commonwealth Bank’s most popular credit card on offer to Australians. To apply you need only be over 18 years old, meet the credit requirements and be a permanent Australian citizen, resident or have a current visa to visit Australia as a student or employee. Apply today and get out of the credit card interest rut forever.

• Comparison of Top 10 Credit Card Offers

Editor's Choice: Our Top Credit Cards

Credit Card	Card Details	Interest Rate (p.a.)	Cash Advance Rate (p.a.)	Balance Transfer Rate (p.a.)	Annual fee	Interest free days (up to)
HSBC Credit Card	Editor's Choice: 0% for 6 months Balance Transfer & No Annual Fee Featuring a $0 annual fee for life, and 0% p.a. balance transfer for 6 months, the HSBC Credit Card was voted the Best Transactor Credit Card for 2010.	16.99%	20.75%	0% for 6 months	$0	55
Suncorp Clear Options Standard Visa Card	A great 12 month balance transfer offer, combined with a low annual fee and a good interest rate on purchases.	12.24%	17.99%	1.9% for 12 months	$39	0