Charge card costs and fees. Private Products no longer for sale

An guide that is easy our charge card charges and fees.

Private Bank Card Standard Costs and Costs

As at 2 December 2020

Company Bank Card Standard Costs and Costs

As at 22 October 2020

Business Products no further for sale

Other costs (Personal Bank Cards Just)

Cash loan cost

(will not use to CommBank basics or CommBank card that is neo 3

(just relates to reports exposed before 1 2012 july)

Company Bank Card Charges

Things you have to know

1 yearly costs charged ahead of time and month-to-month charges are non-refundable including in the event your card is switched or closed before that point period expires. In the event that you switch bank card kinds, your brand new charge just becomes due and payable, when the time frame included in your formerly compensated cost expires. Exceptions may use.

2 For CommBank Neo, the fee that is monthly charged at $12 each month for a $1,000 borrowing limit, $18 every month for a $2,000 borrowing limit and $22 each month for a $3,000 borrowing limit. You won’t be charged a monthly fee for that statement period if you don’t have any processed transactions in a given statement period and pay your previous statement closing balance in full by the due date.

3 For CommBank basics and CommBank Neo cards, payday loans is going to be obstructed. Exceptions apply, for authorisation and these will attract interest from the date the transaction is made, until it is repaid as we are unable to block cash advance transactions that are not sent to us. These will not incur any additional fees or interest charges for CommBank Neo.

4 For CommBank Essentials bank cards, the month-to-month cost is charged at $5 each month, or $2 each month with a valid email address) if you(i) set up automated monthly repayments (through our AutoPay) from a CommBank transaction account; and (ii) opt-in to receive statements on this account through NetBank (and to enable this, you maintain your NetBank facility and provide us.

5 For Low Fee bank cards, the yearly charge is waived in the 1st year and each subsequent 12 months in the event that you invest at the least $1,000 into the past 12 months. Spend includes all purchases and cash advances completely prepared for the reason that year (excludes transactions that are pending minus any refunds.

6 For Low Fee Gold charge cards, the yearly charge is waived in the 1st 12 months and each subsequent 12 months in the event that you invest at the very least $10,000 into the year that is previous. Invest includes all purchases and payday loans completely prepared for the reason that year (excludes pending transactions) minus any refunds.

7 For the Ultimate Awards charge card, the month-to-month cost is charged at $35 every month, or $0 each month in the event that you (i) invest at the very least $2,500 on the Ultimate Awards bank card in your declaration duration and (ii) decide to get online statements.

Invest includes all acquisitions and payday loans made with your Ultimate Awards bank card, minus any refunds. This might be for several deals completely prepared within the provided statement duration (perhaps not pending deals). It is possible to decide in to get online statements through NetBank or perhaps the CommBank application, that will need a valid current email address.

8 Includes money improvements through a terminal at ASB Bank in brand new Zealand, CommBank in Indonesia and CommBank in Vietnam. The ATM owner may charge you a fee, which will be disclosed at the time of the transaction for cash advances and balance enquiries made through a non-CommBank ATM in Australia. In the event that you proceed with all the deal, the ATM owner’s cost is going to be debited for your requirements (as well as any cash loan quantity).

9 Includes any funds transfers through NetBank, CommBank application, by calling 13 2221 and Australia Post.

10 relates to deals for products we start thinking about comparable to cash, such as for example gambling, lottery tickets, cash transfers or travellers cheques, including transactions which merchants reveal are for such products.

11 For payday loans, the money advance charge will apply(excluding also CommBank Essentials and CommBank Neo cards that do not provide payday loans).