Commonwealth Bank Low Rate
14 reviews
The reason I applied for this credit card was because they have the cash rebate offer of $100 each month for the first 4 months if you use the credit card for a minimum of $500 purchase per month. Initially if you use the credit card for $500 or more purchase in the first month, you will be getting $100 cash rebate, so I did use this credit card… Read more
for purchase of more than $500 for the first month and then the next few months. I called the CBA call center after two months as I did not receive the first $100 cash rebate for my first month of using it. The CBA call centre staff advised that they have changed the offer to I will only get a total of $400 cash rebate after 4 months when I have used the credit card for a minimum of $500 purchase per month for the first 4 months. And I did use the credit card for more than $500 per month for the first 4 months. Then 6 months on, I have not received the cash rebate of $400 yet, so I called the CBA call centre again, they advised that I will receive the cash offer of $400 around mid May 2025. So I waited and waited and waited until I called the CBA call centre again on 22 May 2025, the CBA staff checked for me as to why I did not get the $400 cash rebate. I was very surprised to hear that he said I was not entitled to the cash rebate of $400 despite I have met the criteria of using the credit card for the first 4 months for more than the minimum requirement of $500 per month, however I did not have a CBA transaction account with CBA, so I was not entitled to it. I was shocked to hear that, firstly I was not told for the previous couple times when I called the CBA call centre that I needed to have a CBA transaction account, secondly when the staff told me that the criteria of having a CBA transaction account was only stated in the terms and conditions that you need to click into the link on CBA's website. I was wondering if such a criterion is that important, it should be shown clearly in their website when promoting this cash rebate offer, it should not be stated in the terms and conditions that you need to click into the link to read the 17 pages terms and conditions. I was very disappointed and frustrated with CBA!!!
CBA made me pay ATO my due amount which i was planning to pay after 6 months. And then declined my credit application – CBA made me pay ATO my due amount which i was planning pay after 6 months. And then declined my credit application. Why you asked me to pay ATO if you were going to decline my application ? Show details
Not bad – If you have a commonwealth bank wealth package you can get this card without the normal annual free. Credit card has all the bells and whistles expected and a middle range interest rate at the time of submission. Statements are easy to read and repayment amounts are clear. Show details
Good Card. Not Great Rewards but Low fees – The card is quite a good one in terms of fees. With these being quite low, it would suit someone who doesn't pay off their credit card each month. One drawback however is no rewards for using the card, and as such this wasn't useful for me. The card was easy to use and the sign up was very simple as I was already a Commonwealth Bank member. Overall, good card but not useful for my circumstances due to rewards. Low annual fees is also a positive Show details
Could be improved – it is a good credit card and it is not too difficult to increase the limit. But the problem is there is not much a reminder for repayments etc. If they could fix this, it would be excellent.
Easy to use – I first got this card when I had just turned 18. It has always been easy to use and easy to access transactions and other relevant info through the app. The statements are clear and provide all of the information needed. The new program CBA have allows you to set part of your balance at a lower interest rate for a set amount of time, which is… Read more
great as it saves money on interest. The interest rate is very fair and the card has certainly been there for me when I have needed it most. Thanks CBA.
Pretty good – Easy application and good online app and internet banking using NetBank. Back then got this card when they're offering $300 cashback after $1000 purchase, which is a pretty good deal. One of the lowest rate in the market. Show details
Excellent for everyday use – - Good application for user friendly - Really good support for the customer service - Easy application process and very transparent - Quick response to the application and quick delivery of the credit card Show details
Smart card with a low-interest rate on purchases – This is a smart low rate MasterCard with a low purchase rate, one of the lowest on the market. I am a CBA customer and decided to apply for a credit card, this card attractive my attention, I filled the application via NetBank online, the application process was simple and easy because I am already a CBA customer. Show details
Reliable all-rounder – I rely on my CBA Low Rate card for everyday purchases and to keep cash flow balanced. The main attractive feature is the low-interest rate on purchases, one of the lowest on the market and this feature is the most attractive to me. Show details
Good card no problems – I use my card for everything I can ,rates are low compared to other cards. No hidden fees. I have not used it overseas. I have found the customer service easy to deal with. No complaints. Show details
Easy to meet requirements – Previously had an Awards Credit Card which I found not practical. Rewards not worth having. Requested change to Low fee Card, no problem. To meet requirement for Low Fee or no fee only have to spend $1000 in previous year. Easily done.Should have changed when this type of card first became available.
Good service, polite call staff – I have been using this card for some time and unlike my other credit card (St george) I am impressed with the service and the staff who have been helpful and polite. I only use this card for travel and the occasional theatre ticket and it works for me. I have to say, respectful service from banks and financial institutions is important and this… Read more
one fills the bill. I am sure I could get better interest rate but i have a fairly low expenditure so its not a big deal. When my bank messed up my direct debit payment the person who called was very helpful and polite and made sure I did not incur any additional expenses.
I would recommend this card...but I am not a financial guru so that recommendation is purely on service and respect. Service is polite, respectful and helpful I could get a lower interest rate
Excellent – I have been using this card for 3 years now and I havent had any complaints. You can use everywhere too. In fact when I went overseas I used my card to do my shopping and I didnt have any problems. I also used it for those emergency cash advances. The fees are low and wouldnt really harm your pockets. It is also great to use to do your online… Read more
shopping.I have used it many times to buy things and services online shopping. Actually I have used it for my everyday transaction paying bills grocery shopping etc. A must have credit card for everyday use. low rate and accepted anywhere hope they can improve the card itself make it more attractive and be available in different colours.
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