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Get $200 Cashback on CommBank Low Fee Credit Card ($1000 Minimum Spend within 90 Days), $0 First Year Annual Fee @ CommBank

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Get $200 Cashback on CommBank Low Fee Credit Card ($1000 Minimum Spend within 90 Days), $0 First Year Annual Fee @ CommBank
Go to Deal
bonky on 12/06/2022 - 20:51 commbank.com.au (5287 clicks)
Last edited 14/06/2022 - 19:13 by 2 other users

Low Fee credit card

$0 annual fee in the first year and subsequent years when you spend $1,000
19.74% p.a. purchase interest rate
Minimum credit limit of $500

To be eligible for the $200 cashback on a new Low Fee card, you need to spend at least $1,000 on purchases (not including balance transfers and cash advances) using your new card within 90 days of activation. Cashback will be credited within 90 days of you meeting the spend criteria and will appear on your statement as ‘CASHBACK $200’.

Cashback only available on one credit card per customer. You will be ineligible for the cashback if your account is closed, switched to another card or in default at any time prior to the cashback being credited to your account. We reserve the right to close the offer prior to 31/10/2022.

  1. The annual fee is waived in the first year and every subsequent year if you spend at least $1,000 in the previous year. Spend includes all purchases and cash advances fully processed in that year (excludes pending transactions) minus any refunds.

Mod: removed Duplicate offer from title.

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closed Comments

  • Kronprinz on 12/06/2022 - 21:04

    $1,0001?

    • DAT on 13/06/2022 - 00:42
      +1

      No, $1,000 to the power of 1 = $1000

  • badaircraft on 12/06/2022 - 21:05
    +10

    I just churned this card a few months ago for the same deal and closed it today. Took them a few days to credit me $300 but totally worth it if you're spending 1.5K in 3 months anyway like me.
    I dislike the CommBank app tho, AMEX is superior imo

    • coxymla on 12/06/2022 - 21:30
      +6

      Are you me?

      From my notes:
      $300 cashback after $1500 spend within 90 days
      Approved 2022-04-20
      Activated 2022-05-06
      Met Spend 2022-05-29
      Got cashback 2022-06-10
      Cancelled 2022-06-12

      • badaircraft on 12/06/2022 - 21:38
        +2

        Haha nice. The low fee gold was my second card churned, im looking to get more into it!

      • payless69 on 13/06/2022 - 11:59

        congrats! Diligence is the way to profit.

      • mkowarkski on 14/06/2022 - 21:26

        The reward for this offer is $200. Which one did you use to get $300?

  • Pcosmic on 12/06/2022 - 21:06

    Duplicate? https://www.ozbargain.com.au/node/687165

    • kehuehue on 12/06/2022 - 23:39
      +1

      Different card

  • handles1 on 12/06/2022 - 21:42
    +3

    $500 min credit limit, Wowee that’s tiny. Didn’t know banks gave out numbers that low!

    • sathion on 12/06/2022 - 21:50
      +1

      Got my first credit card back in 2019 was a $500 one, was shocked they had them so low back then too.

      • [Deactivated] on 13/06/2022 - 11:05

        Got my first credit card in 1993 with $500 credit limit, was not shocked as I got no money back then.

    • Tleyx on 13/06/2022 - 09:33
      -1

      This doesn't have any interest free days right so it wouldn't be wise to carry a big balance anyway

      • [Deactivated] on 13/06/2022 - 09:41

        wrong

  • baldur on 12/06/2022 - 21:45

    so only new customers? damn, I have got this card actually.

    • SaintSteve on 12/06/2022 - 22:10
      +7

      The key is to get the card, spend the minimum inside 90 days to get the Cashback then close the card and repeat after 12 months

      • anthonyqld on 12/06/2022 - 22:38
        +1

        But then all these credit enquires will be on your credit report

        • cook99 on 12/06/2022 - 23:15
          +21

          Unless you're applying for a home loan, who cares? Even with over a dozen applications on my credit report the bank was happy to give me a loan, I simply explained I churn cards for bonus offers and to look at my perfect payment and closure history.

    • ilubbargains on 13/06/2022 - 08:51

      Didn't see any reference to new customers only in the T&Cs - existing CBA cardholders should also be eligible for this offer

      • Maxdax on 13/06/2022 - 11:02

        New customers to this particular card i.e not held within last 12months - not new clients to CBA

  • amsaini15 on 12/06/2022 - 22:07
    +1

    I had a CBA CC once upon a time. How do I check if I am elligible to apply for this now if it was same card and cancelled more than a year ago?

    • SaintSteve on 12/06/2022 - 22:11
      +5

      I think as long as it was over 12 months ago then it’s fine. Worked for me two times

      • amsaini15 on 12/06/2022 - 22:31
        +2

        Thanks mate

  • SydOzber on 12/06/2022 - 22:11
    +1

    Do we get the Comm bank Spend X get X offers on this card ?

  • adrianhughes1998 on 12/06/2022 - 22:21

    Very nice.

    Could stack with the $250 max annual cashback on Hiver Bank accounts.

    • STHD on 12/06/2022 - 23:27

      Sorry what do you mean by that? Does it just mean that you will get $250 from Hiver and $200 from this?

      or are you using this to pay off whatever you spend from Hiver? (not sure how that works)

      • souths123 on 13/06/2022 - 10:39
        +1

        think he means you can only get max $250 through Hiver p.a., so you can use this card as well and on min $6000 spend in the year ($1000 in 3 months on this card) it is $450 cashback, instead of only $250 for a min $5000 spend on Hiver alone.

  • FujiFruit on 12/06/2022 - 22:25
    +3

    Is there any negatives churning credit cards?

    • 00 on 12/06/2022 - 22:32
      +8

      plastic waste

    • OldSchoolHarry on 13/06/2022 - 00:16
      +8

      Too many credit card application could possibly affect your credit score. Also, some banks blacklist you if you churn their card a few times (have read other post on OzB about this). I personally don't churn so don't have first hand experience though.

  • Bunnyburger on 12/06/2022 - 22:29
    +1

    How much income does one need?

    • OzBerghainer on 12/06/2022 - 22:38
      +1

      pretty low. min credit limit on this tiny so you could get a 1k limit with pretty small income

    • SaintSteve on 12/06/2022 - 23:20
      +5

      I'm on a Disability Support Pension and was able to get this card. You only need to apply for a $500 limit

      • team teri on 13/06/2022 - 10:18

        Makes it a bit harder with the $1000 minimum spend. I usually just whack on a couple of big items like annual insurance premiums or rego and be done with it.

    • aznhy01 on 13/06/2022 - 21:02

      i remember when i was a uni student earning $500 a wek a couple years ago, i got this card with $2k credit limit

  • ShouldIBuyIt on 12/06/2022 - 22:41

    How long did it take you to get approved?
    I've applied Friday last week and have a bunch of bills to pay by the 21/06, hoping I can make it but no news so far (apart from a bunch of docs they requested few days in)
    Applied a few years ago and remember it was a bit painful - required me to visit a branch

    • HereToSave on 12/06/2022 - 23:18

      That’s not giving me much hope. I applied Friday. I thought the application was a bit of a pain. Wouldn’t let me go back or add other credit cards. Should have went with HSBC but I think that’s dropped from $600 to $500.

      • Jayblesz on 13/06/2022 - 00:53

        What HSBC offer are you referring to?

        • HereToSave on 13/06/2022 - 09:41

          Credit Card. Was emailed to me at $600 cash back for $3000 spend. I clicked it two weeks later and it was $500.

          • Jayblesz on 13/06/2022 - 11:35
            +1

            @HereToSave: Any links pls? I cannot seem to find it 8)

            • HereToSave on 13/06/2022 - 14:27
              +1

              @Jayblesz: The offer only comes to those with a HSBC account. So I signed up first.
              Email:

              $600 in Cash Back
              Spend $3,000 on eligible purchases using your new card within 90 days from card approval and receive 120,000 bonus Rewards Plus Points. That’s enough for $600 in Cash Back3. New Rewards Plus customers only.

              once clicked through:
              Get 120,000 bonus Rewards Plus points when you spend $3,000 on eligible purchases using your new card within 90 days of card approval.¹ That's enough for $500 in e-Gift Cards from great retailers like Bunnings, Coles, Woolworths, Uber and more.

            • HereToSave on 13/06/2022 - 14:30

              @Jayblesz: The account is good in itself as you get 2% back on purchases under $100.

    • cook99 on 12/06/2022 - 23:18
      +1

      Depends on who the bills are with you could try to get an extension?
      For example my power bill was as simple as a few clicks online under my account and got an extra month, all utilities were pretty reasonable especially post covid.

      • ShouldIBuyIt on 13/06/2022 - 08:38

        It's all car related (rego, insurance, service) so unfortunately not

  • PetitPoney73 on 12/06/2022 - 22:44
    +1

    I guess not but… Is paying another BSB/Account considered as a purchase? Or direct debit (bills)?

  • STHD on 12/06/2022 - 23:09
    +1

    does anyone know if PayPal pay in 4 would count towards the $1000 spend?

    • ShouldIBuyIt on 13/06/2022 - 08:39

      Only if you pay off by the 90 days

      • STHD on 13/06/2022 - 13:40

        Oh yeah that should be fine. Pay in 4 is only 4 x 14 days = 56 days

  • the fig man on 12/06/2022 - 23:24

    Good offer. What cards are you guys getting after you get the $200 ?

    • ilikedeals on 12/06/2022 - 23:59
      +1

      Citibank has one offering $600 cashback at present ($2,000 min spend via Apple/Samsung Pay)
      Reduced annual fee of $150
      https://www.ozbargain.com.au/node/705964

    • Jayblesz on 13/06/2022 - 01:03

      I just applied for the Virgin Australia Velocity Flyer Card that has:
      * First year halved fee ($129 original to $64)
      * 100k bonus velocity points (4 X 25k points per month in first 4 months with $1.5k spend/month) - approx $480 in gift cards if you redeem that way
      * $129 Virgin Australia Gift Voucher

      Seems to be one of the highest value bonuses with easy enough to meet spend criteria ($1500 per month isn't a big spend for my wife and I) —- although the 4 months to get the full bonus is the only downfall IMO.

      No biggie though, just a bit extra to wait before cancelling…. But… Works out to prepare for another churn just prior to Christmas ;)

      • adrianhughes1998 on 13/06/2022 - 02:17

        Highest Value bonuses for the velocity program maybe certainly not Qantas…

        • ilikedeals on 13/06/2022 - 02:36

          Any suggestions for QFF earning card @adrianhughes1998?

        • Jayblesz on 13/06/2022 - 09:04
          -1

          When you compare the annual fee payable I'm pretty sure it is one of the highest value dollar value bonuses atm—- maybe some of the big ANZ or amex are better bonuses but with higher annual fee and $15k min credit.

          I got the ANZ QFF 100K bonus card like 2 months ago but that's now reverted to like 60k or 80k pts. Can you link a better one than I posted in my comment above? ;)

          • adrianhughes1998 on 13/06/2022 - 10:30
            -1

            @Jayblesz: Deals turn up here at times on OzBargain where annual fees are reduced to 49 bucks or pro rata for NAB, or sometimes zero dollars.

            I got 415K points for $115 total in annual fees from March 2020 to March 2022.

      • ilikedeals on 13/06/2022 - 02:36

        Good card for VFF points @Jayblesz!
        This one is also not bad: https://www.ozbargain.com.au/node/687349
        Essentially 3k spend (much lower than 6k for Virgin Australia Velocity Flyer Card) and $0 annual fee for 60k bonus VFF points

        • Jayblesz on 13/06/2022 - 09:17

          That one is not bad at all with the $0 annual fee! Another good one with a marginally low limit and spend requirement.

          Similar to the BankSA offer late last year that has now ceased.
          I had a Citi Rewards card around 2 years ago when they first rolled out the $500 JB/Myer/Bunnings gift card with $3k spend and $0 annual fee.

          By my surprise they're not actually too bad to deal with- although make sure you opt out of marketing from them otherwise prepare to receive unsolicited phone calls for their products.

  • Fappy Bunny on 12/06/2022 - 23:36

    does paying for strata on bpay count?

    • twiz911 on 13/06/2022 - 00:11
      +1

      I'd also like to know?

    • aznhy01 on 13/06/2022 - 21:16

      T&Cs stated spend at least $1,000 purchases not including balance transfers and cash in advance. Bpay is considered as cash in advance so the answer would be no.
      edit: read T&Cs again and corrected this comment

  • Turd on 12/06/2022 - 23:48
    +1

    Got approved for 4.5k lol not bad i guess

    • SydOzber on 15/06/2022 - 00:35

      How long did it take ?

  • ilikedeals on 12/06/2022 - 23:59

    Does this one also come with the international travel insurance - similar to the other CBA offer ($300 back)?

    • aznhy01 on 13/06/2022 - 21:18
      +1

      No.

  • Fishballs on 13/06/2022 - 00:09
    +1

    Just got approved for the one with $300 cashback. This is going to sound really dumb, but I've never had a credit card before, only debit… how does the interest free for x amount of days work (I think it says up to 55 days for this)? Do you only need to pay when you get the monthly statement and pay by a due date on that statement, or does each purchase have an interest fee period and I need to keep track of when i purchased things?

    • cainen on 13/06/2022 - 00:17
      +2

      Pay the monthly statement in full by the due date is how it works.

      • Fishballs on 13/06/2022 - 00:25
        +1

        Thanks, I thought it would but didn't want to get caught out paying 20% interest. So by doing this I shouldn't have any fees or anything like that?

        • blighst on 13/06/2022 - 00:37
          +6

          Correct, pay the balance in full by the due date and there won't be any interest admissible.

    • Wibbleman on 13/06/2022 - 05:38

      Most cards will let you set up direct debit to pay the full due amount from your normal account on the day it’s due meaning you won’t get charged interest.
      Just don’t use it to withdraw cash - no interest free period on that. Don’t know if they still allow this.

      • timhn on 13/06/2022 - 12:07

        Yep. Set up direct debit to have it automatic pay from your saving/transaction acc. Set and forget, although CommBank required you to come into branch of the account from another bank.

  • norito on 13/06/2022 - 00:49

    Thanks

  • jopiter69 on 13/06/2022 - 01:28
    +1

    I have a CBA Diamond CC, am I eligible or must be completely new customer?

  • MeesusEff on 13/06/2022 - 02:24
    +2

    Weird how Commbank considers lotto tickets to be cash advance, never been charged an extra fee on any other card ive used

    • amsaini15 on 13/06/2022 - 03:34
      +1

      I know.. Its pain to remember with CBA card

    • Qbagger on 13/06/2022 - 08:36
      +1

      And Sportsbet (or similar) account deposits

  • danielvo00 on 13/06/2022 - 08:26

    Does anyone know paying bills(water, gas, electricity, etc.) count towards the $1000 spend?

    • Jayblesz on 13/06/2022 - 09:44

      Water probably won't since it's a government organisation you are paying, but gas and electricity companies are just retailers so yes they should count.

      • Fishballs on 14/06/2022 - 18:13
        +1

        Is this part of the terms and conditions that only certain things contribute to $1000/$1500 spend? I don't understand why they wouldn't count.

    • leigh8904 on 15/06/2022 - 20:31
      +1

      From https://www.commbank.com.au/credit-cards/low-fee-gold.html#t…
      To be eligible for the $300 cashback on a new Low Fee Gold card, you need to spend at least $1,500 on purchases (not including balance transfers and cash advances) using your new card within 90 days of activation.

      So seems spending on your bills is included. Some cards do exclude government payments, some even exclude any BPAY payments.

  • timhn on 13/06/2022 - 08:28

    If you can spend $1500 in 90 days, get the low fee gold CC for $300 cashback.

  • Burger R on 13/06/2022 - 08:52

    The gold card has no international transactions fees seem pretty good for online shopping and oversea travel.

  • serbpie on 13/06/2022 - 08:58

    Why is this getting so many votes when you get closer to $500 in woolies vouchers from citi https://www.ozbargain.com.au/node/705671

    • [Deactivated] on 13/06/2022 - 09:36
      +4

      lower limit, spend, fee.

    • zebargaro on 13/06/2022 - 09:57

      CitiBank also doesn’t support Google Pay which can be another reason.

  • Spending2Much on 13/06/2022 - 09:32
    +2

    This could be enticing also for the 30% off NBN for CommBank cards, which I'm currently looking to get first NBN connection.

    • team teri on 13/06/2022 - 13:14

      thanks for reminding me of this deal, perfect to churn from Mate once the $100 bonus is used up there :-)

  • Rako on 13/06/2022 - 09:59
    +1

    The application process is onerous, I just went through it, at least an hour.

    • Yeahyeahok on 13/06/2022 - 13:08
      +2

      What are you talking about? I was done in 5 minutes

    • timhn on 13/06/2022 - 13:42

      You're not telling them your life stories , aren't you? Should be a quick 5-10min job.

    • the fig man on 17/06/2022 - 08:23

      Anyone else find the application confusing ? It says “your application has been submitted …if you attached your documents there’s nothing else to do.” But then it says “save and submit later?”

  • payless69 on 13/06/2022 - 10:55

    open,
    spend
    collect.
    close
    goto Citi
    repeat
    next time do same again
    after lockout time again…

    • Pcosmic on 13/06/2022 - 17:41

      How do you spend that much though?

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