Commonwealth Bank - Low Rate Card
The low rate credit card for every day
Commonwealth Bank in Australia was established under the Commonwealth Bank Act of 1911. Its banking operations started in 1912, helping business owners and plenty of other individuals manage their wealth. With acquired expertise and experience in providing multi-range bank products and services, Commonwealth Bank is one of today's most successful finance groups in Australia.
With thousands of shareholders entrusting their business with Commonwealth Bank, it achieved growth and recognition through its excellent customer service. Its service fields include insurances, superannuation, wealth management, brokerage, and various types of banking activities. In line with this, Commonwealth Bank Low Rate credit card was also launched to provide customers with these enumerated benefits:
-Relatively low ongoing fees
-Competitive annual percentage rate (APR) for purchases and cash advances
-Introductory rates for balance transfer
-Interest-free period on purchases
-Affordable annual credit card fee
-Additional card also available
-Worldwide acceptance through key branches in different countries
-Access to ATM networks and e-banking facilities
-Friendly customer service
To apply for a Commonwealth Bank Low Rate credit card, you must be of legal age, not below 18 years old. Applicants should be a certified Australian citizen or hold permanent residency in the country. Your credit rating will also be evaluated along with other requirements during application. To ensure approval, make sure that you have good credit scores by settling other debts or paying your bills on time. You annual income and employment status may also determine your credit worthiness. For more information, you may contact your credit card issuer to discuss credit card options and get updates on various rates.
Commonwealth Bank Low Rate Card General Details |
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| Card Type: |
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|---|---|
| Purchase Rate (p.a.): | 13.24% p.a. |
| Cash Advance Rate (p.a.): | 19.99% p.a. |
| Intro Rate: | - |
| Balance Transfer: | 5.99% for 5 months |
| Interest Free Days: | up to 55 days |
| Additional Cards: | 1 |
| Min Repayment: | $25/1.5% |
Commonwealth Bank Low Rate Card Fees & Charges |
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| Annual Fee (p.a.): | $48 |
|---|---|
| Rewards Fee (p.a.): | - |
| Late Payment Fee | $25 |
| Additional Card Fee: | $0 |
Commonwealth Bank Low Rate Card Rewards Program |
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| Rewards Program Available: |
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| Rewards Program Description: | - |
