With a low variable interest rate of 14.55% p.a., the Commonwealth Bank Corporate Low Rate credit card gives you a way to fund larger business expenses and manage cash flow.
CommBank Corporate Low Rate credit card
- Purchase rate
- 14.55% p.a.
- Annual fee
- $40 p.a.
- Interest-free on purchases
- Up to 55 days
Our verdict
Manage your cash flow and pay off business expenses over time with the Commonwealth Bank Corporate Low Rate Credit Card.
Pros
-
Low interest rate of 14.55% p.a.
-
Flexible payment options
-
Access with CommBiz
Cons
-
A $300 establishment fee applies
Details
Product details
Product Name | CommBank Corporate Low Rate Credit Card |
Purchase rate p.a. | Purchase rate p.a. 14.55% |
Interest-free period | Up to 55 days on purchases |
Cash advance rate p.a. | 17.99% |
Card type | Mastercard |
Eligibility
Available to temporary residents | No |
Joint application | No |
Rewards
Bonus points | N/A |
Fees
Annual fee | Annual fee $40 |
Minimum monthly repayment | 2.5% of the closing balance or $75, whichever is greater |
Late payment fee | $25 |
Foreign currency conversion fee | Foreign currency conversion fee 2.5% |
Cash advance fee | 1.25% |
Overseas cash advance fee | $4 |
Number of additional cardholders | 9,999 |
Your reviews
Amy Finder
Editor
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Anndy Finder
July 29, 2016
Hi Jafar,
Thanks for your comment.
After approval, you will receive your Commonwealth Bank Corporate Low Rate Credit Card within the next 5-7 business days via mail.
Cheers,
Anndy
jafar
July 29, 2016
I applied for credit card how long does takes to i get