Rates and fees information correct as of March 1st 2017.
Benefits & Features of the Commonwealth Bank Low Fee Gold Credit Card
Essentials for the Commonwealth Bank Low Fee Gold Credit Card
$0 annual fee for the first year and up to 55 days interest free on purchases. Plus, $0 annual fee each following year provided you meet certain spend requirements.*
Features and benefits
✓ Up to 55 days interest free on purchases
✓ International travel insurance# included with your card. Issued and managed by Allianz Global Assistance, cover includes unlimited overseas emergency medical assistance, hospital expenses and cancellation cover for you and for your spouse and up to 10 dependent children when travelling with you. You will need to activate before each trip
✓ Minimum credit limit of $4,000
✓ Pay no card issue fee when you buy a Travel Money Card1, a safe and simple way to access your money overseas
✓ Extended warranty insurance# - most purchases will gain up to one extra year's warranty on top of the manufacturer's Australian warranty
✓ Purchase security insurance# - we'll repair or replace most purchases if lost, stolen or damaged within 90 days
✓ Transactions updated instantly, so you'll know exactly where you stand.
✓ $0 annual fee for the first year and each year you spend $10,000 or more in the previous year.*$89 annual fee is these conditions aren't met
✓ Free additional credit card.
✓ A faster way to pay for purchases in-store with MasterCard® contactless payments. Just Tap & Go™
✓ Control your security and spending in real-time with Lock, block, limit® in NetBank and the CommBank app
✓ Get access to local and international one-of-a-kind experiences, shopping, dining and hotel offers with MasterCard Priceless Cities
✓ 24/7 emergency assistance overseas if you lose your card with Global Service
✓ Optional CreditCard Plus insurance - the option to pay for additional insurance which could pay off 20% of your balance every month if you're unable to work because of an injury, illness or if you lose your job.
❍ Our 100% money back guarantee means you'll never be liable for fraudulent use of your credit card provided you follow the Credit Cards Conditions of Use.
❍ 24 hour fraud protection detects abnormal transactions or spending patterns
❍ Secure internet shopping with NetCode
❍ Enhanced security chip protection
❍ MasterCard® Zero Liability gives you the peace of mind of free protection against fraud and other unauthorised transactions made with your card
❍ Lock, block, limit™ lets you instantly lock your credit card temporarily through the CommBank app or in NetBank. You can also block ATM cash advances, lock international online and in-store payments and set limits on your transactions.
Rates and Fees:
Purchase Interest Rate
Cash Advance Rate
Balance Transfer Fee
This card has no balance transfer offer. Balance tranfer rate is the cash advance rate of 21.24%.There is no balance transfer fee.
If your closing balance is less than $25, your minimum payment is your closing balance. Otherwise, it's the greater of: • Any amount by which the closing balance exceeds the credit limit; • 2% of the closing balance rounded down to the nearest dollar; • or $25.
Late Payment Fee
Balance Transfer Offers No offers
Introductory Purchase Rate Offers No offers
Other Special Offers $0 annual fee for the first year. Plus, $0 annual fee each following year provided you meet certain spend requirements.*
Balance Transfer Offers
Introductory Purchase Rate Offers
Other Special Offers
$0 annual fee for the first year. Plus, $0 annual fee each following year provided you meet certain spend requirements.*
Max Interest Free Days
Up to 90 days International
Price guarantee scheme, Rental vehicle excess insurance, Extended warranty & more
Currency Conversion Fee
OS ATM Charges
$2.5 or 2% the higher of
Est ATM Cost
$15.00 for AU$300 withdrawal
Minimum Credit Limit
Maximum Credit Limit
Security & Protection
Our 100% money back guarantee means you’ll never be liable for fraudulent use of your credit card, provided you follow the Credit Cards Conditions of Use. 24-hour fraud protection detects any abnormal transactions or spending patterns. Secure internet shopping with NetCode.
The Commonwealth Bank Low Fee Gold Credit Card has the 64th highest interest rate of 19.74% (6 others have the same) and the 83rd lowest cash advance rate at 21.24% (12 others have the same) compared to 171 other credit cards. 103 cards have a lower annual fee than $89 (2 have the same) and 135 have a lower or the same late payment fee of $20.
From Commonwealth Bank site:
Enjoy up to 55 days interest free on purchases and access to international travel insurance included with your card. Plus, $0 annual fee for the first year and each year you spend $10,000 or more in the previous year.
Download Key Facts Sheet* ⇣Go to Site ⇢
* Key fact sheet is downloaded from Commonwealth Bank website. (PDF, 77KB)Apply Online ⇢ Compare Credit Card