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The CommBank Essentials credit card offers a range of low-cost features, including the variable interest rate and an annual fee of up to $60, which is charged monthly.
9.9% p.a.
Purchase rate
$60 p.a.
Annual fee
55 days
Interest free period
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Product Name | CommBank Essentials Credit Card |
---|---|
Purchase rate p.a. | 9.9% |
Annual fee | $60 |
Interest-free period | Up to 55 days on purchases |
Cash advance rate | 9.9% p.a. |
Min credit limit | $400 |
Max credit limit | $3,000 |
Card type | Mastercard |
Foreign currency conversion fee | 3% |
Available to temporary residents | Yes - Conditions apply |
---|---|
Joint application | No |
Bonus points | N/A |
---|
Annual fee | $60 |
---|---|
Minimum monthly repayment | 2% of the closing balance or $25, whichever is greater |
Late payment fee | $20 |
Foreign currency conversion fee | 3% |
Additional cardholder fee | $0 |
Number of additional cardholders | 1 |
Review by
Amy has been writing about personal finance for more than 13 years – including over 600 articles as a senior writer for Finder. She is also the editorial lead for Finder Green, covering sustainability across different industries. Her work has appeared in publications including Money Magazine, The Sydney Morning Herald, Financy, ABC News Australia and Equity Magazine. Amy also has a Bachelor of Arts in Journalism and Drama from Griffith University.
4 Comments
June 26, 2019
I went through all the requirements for an application and when it came to my expenses I put in the amount and it came up with whole numbers only and it wouldn’t let me go to the next section, what do I do?
June 27, 2019
Hi Graham,
Thank you for getting in touch with Finder.
You may put your expenses on an estimate amount if that would help. If you need further assistance on this matter, kindly contact Commbank directly so they may walk you through on your online application.
I hope this helps.
Thank you and have a wonderful day!
Cheers,
Jeni
May 31, 2018
I am a pensioner. Can I get this credit card?
May 31, 2018
Hi Bob,
Thank you for getting in touch with finder.
You can apply for the CommBank Essentials online in around 30 minutes and could get a response within 60 seconds of submitting the completed application form.
Eligibility requirement:
– Are you at least 18 years old? You must be at least 18 years of age to apply for a credit card.
– What is your Australian residency and work status? You must have the right to work in Australia.
– Are you an undischarged bankrupt? You can’t apply for this card if you are currently an undischarged bankrupt.
Please note that you’ll need to provide your current employment circumstances and salary, as well as any other forms of income you receive or assets such as savings. You also need to provide contact details for your employer or accountant, as well as recent payslips, bank statements or other documents to verify your income like your pension.
I hope this helps.
Have a great day!
Cheers,
Jeni