Anúncios
The CommBank Low Rate credit card charges 13.49% p.a. with a 0% balance transfer offer for 22 months. At $59/yr, it is a solid choice for anyone carrying a balance or consolidating debt from a higher-rate card.
CommBank Credit Cards at a Glance
Flexible RewardsCommBank Ultimate Awards
1.5 pts/$1, transfer to Qantas or Velocity. $180/yr.
Mid-Tier RewardsCommBank Smart Awards
1.25 pts/$1, $0 first year. Good earn without premium fee.
›
Why the CommBank Low Rate credit card Stands Out
✓ What makes it worth it:
- 13.49% p.a. — competitive low rate
- 0% balance transfer for 22 months
- $59/yr annual fee
- Up to 55 interest-free days
- Easy to manage via CommBank app
✗ What to consider:
- No rewards or points
- 2% balance transfer fee
- No complimentary insurance
- 3% foreign transaction fee
- No sign-up bonus
Verdict: Who Should Get This Card?
The CommBank Low Rate works if you carry a balance and want to minimise interest, or if you need to transfer debt from a high-rate card. The 22-month 0% period gives solid runway to pay down debt. If you want the absolute lowest rate, the ANZ Low Rate at 12.49% beats it.
Ready to apply? Go directly to CommBank:
✓ Official CommBank website • ✓ Secure application • ✓ Takes 5-10 minutes
How does the balance transfer work? ▼
Transfer debt from another card at 0% for 22 months. A 2% fee applies (e.g., $200 on a $10,000 transfer). After 22 months, the rate reverts to 13.49%.
Can I still make purchases on this card? ▼
Yes, but purchases are charged at 13.49% unless you pay the full balance each month. Prioritise paying off the transfer first.
What happens after the 0% period? ▼
The transferred balance reverts to the standard 13.49% rate. Set a reminder to clear it before month 22.
This review is for informational purposes only and does not constitute financial advice. Credit card terms and conditions change — verify current details directly on the CommBank website before applying.
