CommBank Neo Interest-Free Credit Card

CommBank Neo Interest-Free Credit Card

Highlights

  • Zero interest, zero late fees.
  • Three credit limit options: $1,000, $2,000, or $3,000.
  • Monthly fee remains straightforward: $15, $20, or $25, corresponding to your chosen credit limit.

Pros and cons

Pros

  • No interest, no late fees.
  • No foreign exchange or additional cardholder fees.
  • Cashback benefits for eligible cardholders.
  • Get exclusive access to travel bookings through the CommBank App.
  • Supports, Apple Pay, Beem, Google and Samsung Pay.

Cons

  • As expected for a Low rate card, there are no Awards points for this card.
  • Low credit limit.
  • No balance transfers.
  • Cash advances are blocked.

The basics

  • Additional cardholders. Get an additional cardholder at no extra cost.
  • Digital wallets. This card works with Apple Pay, Google Pay and Samsung Pay.
  • Gambling transactions. Gambling transactions will not be approved on the CommBank Neo card.

Rewards and benefits

  • Complimentary travel insurance. This card does not come with complimentary international travel insurance.
  • Concierge services. The CommBank Neo Visa Credit Card does not offer concierge service.
  • Insurances. The CommBank Neo is a charge card and does not carry the same benefits as a credit card.
  • Rewards points. The CommBank Neo has no rewards program.
  • Sign up bonus. There is no signup bonus for this card.

Rates and fees

  • Annual fee. No monthly fee if you don’t use the card and pay the full balance on time.
  • Balance transfers. There is no introductory balance transfer offer for this card.
  • Cash advances. Cash advances are blocked on this card.
  • Foreign exchange fee. Foreign currency transactions made with a foreign retailer will not be charged any fee.
  • Purchases. CommBank Neo's standard purchase rate is currently at 0% p.a.

History

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    As seen on

    Media - The Sydney Morning Herald
    Media - Yahoo Finance
    Media - News.com.au
    Media - Daily Mail Australia
    Media - Australian Fintech
    Media - Dynamic Business