Ideal for small business owners looking for a line of credit with a competitive interest rate and no annual fee. Note, this product does not include an interest free day period.
Last product change: 14 Aug 2025
Last checked: 14 Aug 2025
| Type | Rate (p.a.) | Comparison Rate (p.a.) | Duration |
|---|---|---|---|
Cash Advance | 14.55% | - | |
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Purchase | 14.55% | - | |
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| Billing Frequency | Details | |||
|---|---|---|---|---|
| Additional cardholder fee | Periodic | $0.00 | P1Y | Payable at the same time as your annual fee if you'd like to share the convenience of your card with someone else. |
| Annual Fee | Periodic | $0.00 | P1Y | null |
| Late payment fee | Event | $20.00 | When you don't make your minimum monthly payment, plus any overdue amount, by your statement due date. | |
| Overlimit fee | Event | $10.00 | When we first allow you to go over your credit limit in a statement period. | |
| Emergency issue/ lost/ replacement card fee | Event | $20.00 | When you need an emergency replacement card delivered to you. | |
| International transaction fee (Mastercard and Visa transactions) | Transaction | When you make a transaction that is converted by Mastercard or Visa from a foreign currency to Australian dollars. | ||
| ATM cash advance charge | Withdrawal | Charge applies to cash advances through a terminal of any financial institution in Australia, at ASB Bank in New Zealand, Commonwealth Bank in Indonesia and Commonwealth Bank in Vietnam. 1.5% of the cash advance amount. A maximum charge of $150.00 applies (or a flat fee of $2.50 if your closing balance on the previous day was in credit). | ||
| Commonwealth Bank over-the-counter cash advance charge | Withdrawal | Charge applies to cash advances at Commonwealth Bank Branches. $2.50 or 1.5% of the cash advance amount (whichever is greater). A maximum charge of $150.00 applies (or a flat fee of $2.50 if your closing balance on the previous day was in credit). | ||
| Commonwealth Bank over-the-counter cash advance charge | Withdrawal | $2.50 | Charge applies to cash advances at Commonwealth Bank Branches. $2.50 or 1.5% of the cash advance amount (whichever is greater). A maximum charge of $150.00 applies (or a flat fee of $2.50 if your closing balance on the previous day was in credit). | |
| Non-Commonwealth Bank over-the-counter cash advance charge | Withdrawal | Charge applies to cash advance transactions made at other financial institutions within Australia. $3.00 or 1.5% of the cash advance amount (whichever is greater).A maximum charge of $150.00 applies (or a flat fee of $2.50 if your closing balance on the previous day was in credit). |
| Additional Cards | 1 additional card Adding an additional cardholder is an easy way to share the convenience and accessibility of your CommBank credit card, without opening a new account. You can have one additional cardholder and they must be at least 16 years old. They'll get a card with their name but with your account number. Read more |
| Interest Free Period | 55 days |