Commonwealth Bank Corporate Low Rate credit card
Manage your cash flow and pay off business expenses over time with the Commonwealth Bank Corporate Low Rate Credit Card.
With a low variable interest rate of 14.55% p.a., the Commonwealth Bank Corporate Low Rate credit card gives you a way to fund larger business expenses and manage cash flow.
14.55% p.a.
Purchase rate
$40 p.a.
Annual fee
Details
| Product Name | Commonwealth Bank Corporate Low Rate Credit Card |
|---|---|
| Balance Transfer Revert Rate | Cash Advance Rate (14.55% p.a.) |
| Purchase Rate | 14.55% p.a. |
| Annual Fee | $40 |
| Cash Advance Rate | 14.55% p.a. |
| Card Type | Mastercard |
| Foreign Currency Conversion Fee (Visa/Mastercard) | 2.5% of transaction value |
| Complimentary Travel Insurance | Yes |
| Minimum Age | 18 years of age |
|---|---|
| Available to Temporary Residents | No |
| Joint Application | No |
Pros
- Low interest rate of 14.55% p.a.
- Flexible payment options
- Access with CommBiz
Cons
- A $300 establishment fee applies
| Annual Fee | $40 |
|---|---|
| Minimum Monthly Repayment | 2.5% of the closing balance or $75, whichever is greater |
| Late Payment Fee | $25 |
| Foreign Currency Conversion Fee (Visa/Mastercard) | 2.5% of transaction value |
| Cash Advance Fee | 1.25% |
| Overseas Cash Advance Fee | 4% |
| Number of Additional Cardholders | 9,999 |
Expert review
Review by
Amy Bradney-George
amy.bradney-george@finder.comAmy is an editor and writer at finder.com.au with more than 10 years experience covering credit cards, personal finance and various lifestyle topics. When she’s not sharing her knowledge on money matters, Amy spends her time as an actress.
