CommBank Low Rate Credit Card

credit card

Low Rate Credit Card is a credit card from CommBank, as the bank publishes it in its product data. Its purchase rate is 14.55%; its card fee is not stated in the feed. It ranks 12th of 13 issuers for a business card by lowest purchase rate.

What the feed states

Purchase rate

14.55%

Cash advance rate

14.55%

Interest-free days

none stated

Card fee

the feed lists no annual or monthly card fee, so none is claimed

Foreign transaction fee

3% of the transaction

Cash advance fee

1.5%

Late payment fee

$20

Digital wallets

Apple Pay, Garmin Pay, Google Pay, Samsung Pay

Instalment plans

offered

Additional cardholders

up to 1

Credit limit

$500 to $50,000

Minimum age

18

Scheme

Mastercard

Conditions and offers

• corrected from the bank's own page: a business card: the record's own page is the bank's Business Low Rate credit card, in its business credit cards section
• credit limit $500 to $50,000
• cash advance fee capped at $150 (flat $2.50 if the account was in credit)

Who can apply, in the bank's words

• Applications for credit cards are subject to credit approval.
• Each application for credit is assessed on the ability of the applicant to service debt (limit) based on the financials supplied in the application.

About this card

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.

Data

• CommBank's own page for this card.
• The issuer's documents its feed links to: terms and conditions, fees, eligibility.
• Our verbatim snapshot of the bank's product record (source), as fetched on 2026-11-12.
• /au/finance/credit-cards/v1/brands/commbank.json: this issuer's cards as JSON; CommBank's page lists them.
• The bank last updated this record on 2026-11-12; the dataset's data is as of 2026-11-12. Rates are per annum as the issuer states them; "stale" means the bank has not updated the record for over 180 days.

Other cards at CommBank

• Business Platinum Credit Card credit card, 20.74%, $300 a year
• Interest-Free Days Credit Card credit card, 17.57%, $60 a year
• Interest-free Low Fee Credit Card credit card, 0.00%, $120 a year
• Low Fee Credit Card credit card, 20.99%, $36 a year
• Low Rate Credit Card (2) credit card, 13.99%, $72 a year
• Neo Card credit card, 0.00%, $180 a year
• Qantas Business Rewards Credit Card credit card, 19.99%
• Smart Credit Card credit card, 20.99%, $228 a year
• Ultimate Credit Card credit card, 20.99%, $420 a year
• Corporate Charge Card charge card, 17.99%
• Corporate Interest Free Days Card corporate card programme, 17.57%
• Corporate Low Rate Card corporate card programme, 14.55%
• Procurement Management Account corporate card programme, 17.99%, $120 a year
• Virtual Cards corporate card programme