Commbank Credit Card – loan
Variety of credit cards
Loan amount
$400 – $4,000
Interest from
9.90%
Term
1 – 12 months
Approval
24 hours
Applying does not commit you to a contract.
Properties of this loan
- Variety of credit cards
- Low interest rates
Commonwealth Bank (CBA) is Australia's largest bank by market capitalisation and one of the "big four", listed on the ASX and regulated by APRA. It also owns the Bankwest brand, which operates as a largely digital-first retail bank with its own product range.
Commbank's credit card range covers everything from low-rate, low-fee cards to rewards cards earning points on everyday spending, accessible through the CommBank app for real-time tracking, card locking and spend notifications.
✓ Pros
- Range of cards from low-rate to rewards-earning
- Strong app features for tracking spend and locking a lost card instantly
- Backed by Australia's largest bank
- Fraud monitoring and dispute support
✗ Cons
- Rewards cards carry a higher ongoing rate than low-rate alternatives
- Annual fees apply on most cards
- Interest-free period only helps if the balance is paid in full each statement
How to apply
- Choose your card
- Apply for your card
- Wait for approval
- Get the card
Loan requirements
- ✓ 18 years or older
- ✓ Australian resident for tax purposes
- ✓ Regular income
- ✓ Satisfactory credit check
- ✓ No current default or bankruptcy in some cases
Frequently asked questions
24 hours
The minimum loan amount at Commbank Credit Card is $400.
About Commonwealth Bank of Australia
| Company | Commonwealth Bank of Australia |
|---|---|
| Address | Ground Floor, Tower 1/201 Sussex St, Sydney NSW 2000 |
| Website | https://www.commbank.com.au |