Credit Card Compare

CommBank Low Fee Credit Card vs NAB Low Rate Credit Card

Compare CommBank Low Fee Credit Card, NAB Low Rate Credit Card side by side: annual fees, interest rates, rewards and eligibility to find the right card for you.

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Side-by-side comparison of CommBank Low Fee Credit Card vs NAB Low Rate Credit Card.
CommBank Low Fee Credit Card card
CommBank Low Fee Credit Card
NAB Low Rate Credit Card card
NAB Low Rate Credit Card

Card details

Overall
51Fair
60Good
Highest
55 days interest-free51/10055/100Highest
Balance transfer–63/100
Cashback62/100–
First timer68/10070/100Highest
Low rate–56/100
No annual fee–58/100
Rewards23/100–

The basics

Card tierStandardStandard
Card typeMastercardVisa
Credit ratingGoodGood
Rewards programNoneNone
Credit limit$500 – $100,000$1,000 – $30,000

Eligibility

Minimum age18 years old18 years old
Minimum incomeNot specifiedNot specified
ResidencyAustralian citizen or permanent residentAustralian citizen or permanent resident
Joint applicationNoNo
Temporary residentsEligibleEligible
Instant approvalYes (~60 seconds)Yes (~60 seconds)

Repayments

Interest-free periodUp to 55 daysUp to 55 days
Minimum repayment2% of the closing balance or $25, whichever is greater2% of the closing balance or $25, whichever is greater

How much could you save?

Enter your balance and current rate to see your estimated saving for each card below.

$
% p.a.

Balance transfers

Promotional rate—4.99% p.a.
Period—24 months
Transfer fee—0%
Limit—Up to your available credit limit
Revert rate—21.74% p.a.
Can't transfer from—Coles, Kogan Money, MyCard, NAB, Qantas Money
Estimated saving–$1,501over 24 mths

Rates & fees

Ongoing interest rates

Purchases20.99% p.a.13.49% p.a.Lowest
Cash advances21.99% p.a.21.74% p.a.Lowest

Fees

Annual fee$36 p.a.No annual feeLowest
Monthly fee——
Additional cardholder fee$0$0
Cash advance fee3% of the amount3.5% of the amount
Foreign transaction fee3.5%3.5%
Late payment fee$20$20

Rewards

Cashback

Sign-up cashback$240—
Spend required$500 per month for 6 months—
Ongoing cashback——
Cashback cap——

Related comparisons

Sources

Credit Card Compare
How CardIQ scores cards