Corporate Low Rate card

 General Lending Rates

 Product Features

• Additional Cards Additional Information: You can choose anyone 18 years or older to receive a Corporate Card.

• Bill Payment Additional Information: Through AutoPay you can choose to have the full closing balance, minimum amount due or a set amount (assuming it's more than the minimum amount due and less than the full closing balance) directly debited from a transaction account.

• Insurance Additional Information: Complimentary transit accident insurance up to $250,000 for cardholders.

• Insurance Additional Information: Unauthorised Use insurance up to $150,000 a year.

• Digital Banking Additional Information: Regardless of your business structure and needs, we have an online banking solution that will suit you.

• Digital Wallet Additional Information: Pay with your Apple(TM) device using Apple Pay.

• Digital Wallet Additional Information: Pay with your Android(TM) phone using the CommBank app.

• Digital Wallet Additional Information: Pay with your Fitbit(TM) smartwatch using Google SE.

• Digital Wallet Additional Information: Pay with your Garmin(TM) smartwatch using Garmin Pay.

• Digital Wallet Additional Information: Pay with your Android(TM) device using Google Pay(TM).

• Digital Wallet Additional Information: Pay with your Samsung(TM) device using Samsung Pay.

• Interest Free Additional Information: Up to 55 days. We won't charge any interest on purchases if you pay at least the closing balance shown on your statement by the due date each and every month.

 Product Eligibility

• Business

• Other Additional Information: Each application for credit is assessed on the ability of the applicant to service debt (limit) based on the financials supplied in the application.

 Bank Fees and Charges

• Non-commonwealth Bank Atm Balance Enquiry Fee (Event), Amount: 1.25. Additional Information: Charged on our processing of each request. Fee applies to balance enquiries at ASB Bank in New Zealand, Commonwealth Bank in Indonesia and Commonwealth Bank in Vietnam.

• Emergency Issue/ Lost/ Replacement Card Fee (Event), Amount: 20.00. Additional Information: When you need an emergency replacement card delivered to you and may be charged on card replacement.

• International Transaction Fee (Transaction), Amount: Not Listed.. Additional Information: Applies anytime cash advances, purchases or permitted transactions are converted by MasterCard from foreign currencies to Australian Dollas equivalents. The fee includes the fee MasterCard impose on us (1.00%). For cash advances, the relevant cash advance will also apply. Applies where a transaction is in Australian dollars but the party accepting the card is overseas. Please note additional fees may be charged by the overseas merchant.

• Commonwealth Bank Atm Cash Advance Charge (Withdrawal), Amount: 1.25. Additional Information: Charge applies to cash advances at Commonwealth Bank ATMs.

• Commonwealth Bank Over-the-counter Cash Advance Charge (Withdrawal), Amount: 2.50. Additional Information: Charge applies to cash advances at Commonwealth Bank Branches.

• Non-commonwealth Bank Atm Cash Advance Charge (Withdrawal), Amount: 1.50. Additional Information: Charge applies to cash advances through a terminal of other financial institutions in Australia, at ASB Bank in New Zealand, Commonwealth Bank in Indonesia and Commonwealth Bank in Vietnam.

• Non-commonwealth Bank Over-the-counter Cash Advance Charge (Withdrawal), Amount: 3.00. Additional Information: Fee applies to cash advance transactions made at other financial institutions within Australia.

• Any Other Commonwealth Bank Network Cash Advance Charge (Withdrawal), Amount: 1.25. Additional Information: Charge applies to cash advances by way of funds transfer through NetBank, Phone bank Transfer, Commonwealth Bank Customer Service Centre, Australia Post, 132221 Transfer Cash, NetBank Transfer Home Loan, Mobile Bank Transfer and NetBank Transfer Personal Loan.

• Overseas Terminal Or Bank Cash Advance Charge (Withdrawal), Amount: 4.00.

• Cash Equivalent Items Or Cash Substitutes Cash Advance Charge (Purchase), Amount: 1.25. Additional Information: Charge applies to purchases of cash equivalent items or cash substitutes including gambling transactions and traveller's cheques.

• Establishment Fee (Event), Amount: 300.00. Additional Information: Payable on: 1. Account holder accepting the Bank's offer 2. Bank approving the account holder's request for credit limit increase.

• Annual Fee Per Card (Variable), Amount: Not Listed.. Additional Information: Standard fees are 1-49 cards = $40.00 per card; 50-499 cards = $32.00 per card; 500+ cards = $24.00 per card.

• Late Payment Fee (Event), Amount: 25.00. Additional Information: Charged if the minimum payment on Credit Cards is not received by the due date.

• Overlimit Fee (Event), Amount: 25.00. Additional Information: Charged when we first allow you to exceed your credit limit in a statement period.

 Document Downloads