If you live in Australia and want to apply for a great credit card, we recommend you look at what the Commonwealth Bank has to offer. In fact, a Commonwealth credit card (Australia) is a popular choice and for many good reasons. Whenever a credit card is issued through a bank rather than a card company, the reputation, level of professionalism, and variety of services would tell you a lot about the caliber of credit card.
Since this particular bank is considered among the best in the country, you know that any Commonwealth credit card (Australia) is also going to be of high quality. In fact, you would not have access to just one card but six, each providing something unique as to special benefits. However, each of the Commonwealth credit card (Australia) options available is backed by MasterCard or Visa so the card of choice could be used anywhere in the world where MasterCard is accepted as payment.
For the six options of Commonwealth credit card (Australia), some are the more traditional type of card while others are known as “rewards” cards. Regardless, these cards are in high demand in that they provide tremendous benefit. The six card options include the Low Rate Card, Low Fee Card, Awards Card, No Annual Fee Card, Gold Card, and the Platinum Card.
Because each Commonwealth credit card (Australia) is different, the key is to learn what the cards are comprised of so you apply for the appropriate one. The following information will help but the bank’s outstanding customer service department could also provide guidance.
• Low Rate Card – The first Commonwealth credit card (Australia) has no interest for the first 55 days and after that, the purchasing rate of interest would be set at 13.24%. Although an annual fee applies, it is only $48. This card is also used for balance transfers, which would include a five-month period whereby the interest would be at 5.99%.
• Low Fee Card – Next, you might consider the low fee card, which is also available as a MasterCard or Visa. As with the Low Rate Card, this Commonwealth credit card (Australia) would also have a 55-day period without interest. However, the rate after that period would increase to 19.64% and the annual fee is just $24.
• Awards Card – Many people love this Commonwealth credit card (Australia) because each time the card is used to make a purchase, points are added and as these accumulate, the points can be turned in for a variety of “rewards”. Other features for this card include the 55 days of interest free, followed by a purchase rate of 20.74%, an annual fee of $59, and for five months, interest of 5.99% on balance transfers.
• No Annual Fee – Another Commonwealth credit card (Australia) that people ask for is this one. This card also provides a five-month period for balance transfers with interest set at 5.99, followed by the purchase rate of 18.24%. However, as the name implies, no annual fee applies.
• Gold Card – Although the annual fee for this Commonwealth credit card (Australia) is more expensive at $114, the card is also loaded with a variety of features not found on the more basic cards. However, this card also provides the interest free period of 55 days and the balance transfer up to five months at 5.99% but the purchase rate ends up at 20.74%.
• Platinum Card – The last option for a Commonwealth credit card (Australia) is the Platinum Card. This card provides the same features and benefits you would get with the Gold Card plus some. The only main difference is that the annual fee increases to $200.
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