Commonwealth Bank Prepaid MasterCard Gift Card

Credit Card Deals

	Interest Rate p.a.	Balance transfer Rate p.a.
ANZ Low Rate	13.14% p.a.	0% p.a. for 9 months
Virgin Australia Velocity Flyer Card - Balance Transfer Offer	20.99% p.a.	0% p.a. for 8 months
HSBC Credit Card	17.99% p.a.	0% p.a. for 6 months

The Commonwealth Bank Prepaid MasterCard is a great way to access your funds any place that you find the MasterCard logo. You are even able to make purchases on the internet or by phone. MasterCard is accepted all over the world at more than 32 million places.

Shop Securely

It is extremely easy and safe to shop with this card. Commonwealth Bank uses a program called NetCode and it makes all of your purchases even safer. When shopping online, this technology which utilises a one-time-use password that is connected to your mobile phone or token device.

This security system is used for their internet banking. It is used to authorise purchases or any other types of transactions. NetCode can be used to authorise purchases online that have the logo MasterCard SecureCodeTM. Once you see this sign, you will be able to proceed with much more ease and comfort.

In addition, there is a new feature that will help you to shop with more security. It is called “secure chip” and its technology is simple but effective. It has all the features you found with the magnetic strip but there is also an additional feature of a microchip that has been embedded in the card. It’s impossible to tamper with and it makes it very difficult to copy.

Additional Features

You can use your Prepaid MasterCard quickly and easily with PayPass. This feature allows you to quickly go through checkout without needing a signature or PIN code. All you are required to do is just tap your debit card on the reader that uses PayPass, look for the green light and, voila! You are ready to go!

Shopping online is a cinch, as well. You can use your Prepaid MasterCard online to make purchases because you are using your own funds.

Use With Your Accounts

This Prepaid MasterCard can be used in conjunction with your “Everyday Account” which makes it possible for you to use your own funds at the millions of locations around the world on online that MasterCard is accepted. This “Smart Access” allows you to have unlimited transactions using ATMs (Commonwealth), telephone or online banking and purchase transaction.

If you want more, you can opt for “Complete Access” which would allow you to not only have all the features of “Smart Access” but you will also be able to do your face-to-face banking as part of being a card member.

Applying For The Card

To apply for the card, you will need the following:

• You must have an “Everyday Account” that has the “Smart Access” option or the “Complete Access” feature.
• You must be at least 16 years of age or older.
• You must have an official residence in Australia
• The account cannot be in a company name or trade name. In other words, this must be a personal account.
• You must have a Tax File Number or an exemption to the TFN. It is within your rights to withhold your TFN number, however, Commonwealth bank is legally required to deduct taxes from any interest that is earned on the account beyond a certain point.

The easiest way to apply for the card, is go online to their website and apply.

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Credit card offers:

HSBC Credit Card	Bankwest Zero Platinum Credit Card	Virgin Flyer Credit Card	ANZ Low Rate
0% p.a. for 6 months on balance transfers & no annual fee	0% p.a. for 9 months on balance transfers & platinum benefits	0% p.a. for 8 months on balances transfers & reward points	0% p.a. for 9 months on balance transfers & low rate

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Credit Cards Comparison

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			Interest rate (p.a.)	Balance transfer rate (p.a.)	Annual fee	Cash advance rate (p.a.)
	ANZ Low Rate	A low rate on purchases, balance transfer and a low annual fee.	13.14% p.a.	0% p.a. for 9 months	$58 p.a.	21.49% p.a.
	HSBC Credit Card	No annual fee for the life of the credit card. Plus a low balance transfer offer.	17.99% p.a.	0% p.a. for 6 months	$0 p.a.	21.99% p.a.
	Bankwest Zero Platinum MasterCard	Exclusive Offer to Credit Card Finder. No annual fee credit card with platinum benefits.	17.99% p.a.	0% p.a. for 9 months	$0 p.a.	21.99% p.a.
	Commonwealth Bank Low Rate Credit Card	A low interest rate offer on purchases and balance transfers.	0% p.a. for 5 months (reverts to 12.99% p.a.)	5.99% p.a. for 5 months	$78 p.a. ($48 for qualifying customers)	21.24% p.a.
	ANZ Platinum Credit Card	No annual fee for the first year and a balance transfer offer.	19.39% p.a.	0% p.a. for 9 months	$0 p.a. annual fee for the first year ($87 p.a. thereafter)	20.99% p.a.

* The credit card offers compared on this page are chosen from a range of credit cards CreditCardFinder.com.au has access to track details from and is not representative of all the products available in the market. Products are displayed in no particular order or ranking. The use of terms 'Best' and 'Top' are not product ratings and are subject to our disclaimer. You should consider seeking independent financial advice and consider your own personal financial circumstances when comparing cards.