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The Commonwealth Bank Low Rate credit card

Monday November 24, 2008

Did you know that there is credit card insurance available to help cover your repayments with the Commonwealth Bank Low Rate credit card? CreditCard Plus can do just that.

In the event of job redundancy, if you suffer total or partial debilitating injury, or develop a serious illness, CreditCard Plus can help cover your minimum monthly payments until you recover. If you become permanently disabled or die, CreditCard Plus can pay out the owing balance on your credit card.

Even if none of this occurs, you aren't paying an exorbitant amount to have CreditCard Plus protection. But it's there for your peace of mind.

If you are worried about paying off your credit card balance, a low rate credit card may make repayments easier as you won't incur as much interest as you previously were.

The Commonwealth Bank Low Rate credit card features:

  • A low purchase rate of 12.64%p.a.
  • Up to 55 days interest free.
  • Low annual fee of just $48.
  • Balance transfer rate of 5.99%p.a for the first five months.
  • Additional cards are available.
  • A competitive interest rate for cash advances - just 19.99%p.a.

As the Commonwealth Low Rate credit card is a MasterCard, you will have global access in over 24 million locations and can use the MasterCard security system, SecureCode, to help protect you while shopping online.

You can apply for a balance transfer for the Commonwealth Bank Low Rate credit card online.

Compare credit cards now.


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