This was posted 11 months 5 days ago, and might be an out-dated deal.

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CommBank Low Fee Credit Card: $250 Cashback with $1000 Spend within 90 Days, $0 1st Year Fee (Save $29), New Cardholder

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CommBank Low Fee Credit Card: $250 Cashback with $1000 Spend within 90 Days, $0 1st Year Fee (Save $29), New Cardholder
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ozBfrugal on 05/06/2023 - 03:14 commbank.com.au (5597 clicks)
Last edited 06/06/2023 - 12:19 by 1 other user

Looks like Commbank has rearranged their credit card line up. They've canned the Low Fee Gold and now offer just the Low Fee card. This time last year the card was $300 cashback for $1500 spend (20%). Now it's $250 for $1000 spend (25%).

  • $0 annual fee for the first year and every subsequent year if you spend at least $1,000 in the previous year
  • changing to $0 monthly fee when you spend $300 per month from 25 August 2023

Offer available on new Low Fee credit cards applied for between 3 Jun 2023 and 30 Sep 2023. Offer not available on all other card types, existing cards, and switches from other card types and is not available to customers who currently hold, or have held, any activated Low Fee or Low Rate card types in the 12 months prior as a primary cardholder.

To be eligible for the $250 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 $250’.

Financial Cashback Credit Card MasterCard

Related Stores

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MasterCard AU
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closed Comments

      • Neoika on 19/06/2023 - 20:35

        OK, some may choose to keep it as the current annual spend criteria is pretty low.

  • samstaee on 20/06/2023 - 11:17

    Would paying off Zip or Afterpay count for the minimum spend?

    • USER DC on 22/06/2023 - 03:28

      There website should answer that question.

    • Sweet3st on 25/06/2023 - 16:53

      Like to know this too…

  • basketcase86 on 28/06/2023 - 14:31
    +3

    First statement and no cashback. CBA have become useless at paying up. I’m guessing they will wait until the 89th day. Makes me determined to churn them every time and get everyone I know to do it.

    • smako69 on 16/07/2023 - 18:22

      Same, please update us on how you go

      • basketcase86 on 16/07/2023 - 21:49

        They have previously paid up 2 odd business days since spending reached but last time took legit 70 odd days. Annoying. Still nothing.

      • basketcase86 on 21/07/2023 - 11:20

        @smako69

        $250 stimulus injection received today.

        • blue21 on 17/08/2023 - 18:22

          75 days since meeting the requirement?

  • bohn on 30/06/2023 - 11:20

    Trying to apply, it just says

    Sorry!
    We're unable to find the page you were looking for due to a technical problem

    https://i.imgur.com/wUmA86c.png

    edit: doesn't work in FF, works in Chrome. bleh.. shit site.

  • whapkaplit on 02/07/2023 - 10:39

    How often do statements come out? I've met the spend requirement but can't pay back the balance until I get a statement with the BPAY information. No cashback yet.

    • puffinfresh on 03/07/2023 - 21:49
      +3

      BPAY biller code is 1818, reference is your card number.

      • whapkaplit on 04/07/2023 - 00:30
        +1

        Champion, thanks.

  • bohn on 04/07/2023 - 08:55

    Applied on the 30th June uploaded payslips, haven't heard anything. Applied for a virgin credit card on 2nd July and approved on the 3rd.

    CBA are slow.

  • amorn on 04/07/2023 - 10:36

    would paying rates or other bills be counted as spending?

  • ShrimpDuck on 04/07/2023 - 11:20

    What's the best way to get the cashback off the card? Bit confused whether I'll incur a cash advance fee from transferring the cashback between accounts

    • bohn on 04/07/2023 - 11:25

      Close the account, they'll have to refund it to you.
      That's probably what I'll do since this card isn't a keeper.

    • klef on 05/07/2023 - 18:49

      Have you already received the cashback on your card?

    • Bigboy97 on 05/07/2023 - 19:11

      Defs do get charged a cash advance fee when withdrawing. Could always just spend $250 of ‘free money’ until the card goes back to 0 balance (from in credit).

      • bohn on 05/07/2023 - 19:15

        or close the a/c and get a refund.

        • Bigboy97 on 05/07/2023 - 19:32

          You sure it allows you to do that? I’m assuming you mean after you’ve gotten the cash back, correct?

          • bohn on 05/07/2023 - 19:36
            +2

            @Bigboy97: definitely after the cashback.
            If you close a credit card and it has a positive balance, they must return it to you.

            eg from St George, couldn't find anything in 2 secs for cba

            If you have a positive balance, your request to close the credit card account will be processed immediately subject to the application of any accrued interest, fees, outstanding authorised transactions and charges. Any refund due will be processed once these have been applied

  • RTY on 11/07/2023 - 12:48

    I closed my previous commbank low fee gold credit card on 16/7/2022.
    Am I eligible to apply again on 16/7/2023, or just wait and apply in August?

  • Nousernamehere on 13/07/2023 - 19:55

    So I'm after this card to try and snag a somewhat decent price on a GPU over the next few months, but I'm guessing with the language if I apply now and haven't purchased anything from the 25th August that I'll start to be charged the $3 fee? Not the end of the world, just a little confusing the language they use with saying there's no fee for the first year but not sure if that means if we apply before the 25th August the card can be used for a year 'fee free' until the $3/month charge kicks in.

    In the end it's not really that much in the grand scheme of things, but could be sitting with the card for a couple of months waiting for a decent deal to pop up.

  • BenTheBargainer2013 on 13/07/2023 - 21:38

    Do we have to pay off the credit card purchase to be eligible?

  • smako69 on 16/07/2023 - 18:22

    Reached the spend criteria as well in first statement period and didnt get any cashback

  • Nousernamehere on 18/07/2023 - 14:33

    Well gave up on applying for this card.

    From the extremely limited amount of professions you can enter yourself as (they have politician but not just a simple ‘other’ category?!) along with verifying my ID online through the app, then saying I needed to verify it in a breach or could it in the app.. just after I’d done it. Then to logging into the app again and it opening another prompt to say my card (?) was on its way when I haven’t applied for any card yet?

    Went to then cancel the application and they had a text box for feedback but couldn’t use any special characters at all. What is this 1992?

    Honestly couldn’t help but laugh at just how ridiculous their flaws are for the most basic things for the biggest (?) bank in Australia.

  • friedmaki on 18/07/2023 - 15:59

    Has anyone received the cashback yet? I have cleared one billing cycle and still no cashback.

  • El-Rhi on 18/07/2023 - 16:21
    +1

    Applied online, submitted all the required documents, now they want me to go into a branch with all the same documents! How ridiculous

    • NDIB on 19/07/2023 - 10:24

      Possible to share if you already are CBA customer with existing accounts?

      Agree still ridiculous process if they allowed submitting online applications in the first place.
      But even more ridiculous if you're already a customer needing in-branch verifications.

      • El-Rhi on 19/07/2023 - 13:12
        +1

        New customer. But why provide all that info plus ID during the application if they’re just going to make me go into branch anyway?

  • Zacsik on 21/07/2023 - 09:09
    +1

    Just got my credit

    • puffinfresh on 21/07/2023 - 12:33

      Same.

      Applied: ~Jun 5
      Spent: Jun 16
      Statement: Jun 26
      Cashback: Jul 20

  • ozBfrugal on 21/07/2023 - 09:32

    Also got my credit yesterday (20 July). My statement was issued 13 July so for those waiting for their cashback, it looks like it's one week after statement issue that you get it in your account.

  • klef on 21/07/2023 - 13:08

    Got my credit as well!

  • Brick Tamland on 22/07/2023 - 07:54

    Got my cash back! Finally!!

  • etan on 23/07/2023 - 21:31

    Got my credit yesterday (20 July).

    • puffinfresh on 23/07/2023 - 22:23

      You might need to check the calendar

  • Bigboy97 on 24/07/2023 - 10:56
    +1

    Got my cash back last week, took about 21 or so days after meeting spending criteria.

  • bohn on 24/07/2023 - 12:37

    I met the spend awhile ago but haven't had a statement yet. No cashback for me yet.

  • USER DC on 29/07/2023 - 21:14

    Got my credit, now thinking of closing this account soon

    What's the last date before they introduce monthly charge on it ??

    • bohn on 29/07/2023 - 22:04

      OP says Aug 25
      How long after your statement did you get the credit? My first statement is due Aug 4 I think.

      • USER DC on 30/07/2023 - 22:20

        about 7-15 days after statement I think

        • bohn on 30/07/2023 - 22:30

          As soon as I get it I'm cancelling it.

  • Spending2Much on 31/07/2023 - 12:54

    Just applied.
    Pay car rego and buy takeaway lunch one day and there'sy $1000 spend.
    $250 cashback and then cancel card

    Now looking to apply for a good rewards/FF card for some big expenses expecting coming up

  • concento on 04/08/2023 - 15:16

    Can you apply for low fee card (this deal), get the $250, and also apply for the ultimate card from this deal below:
    https://www.ozbargain.com.au/node/779100
    and get the 70,000 QFF points?

  • Midcrown on 07/08/2023 - 00:03

    Anyone know if having the Low Fee Gold in the past 12 months make me ineligible for this deal? I can't see any mention of it in the T&Cs.

    • ozBfrugal on 07/08/2023 - 00:50

      Not eligible - Offer not available on all other card types, existing cards, and switches from other card types and is not available to customers who currently hold, or have held, any activated Low Fee or Low Rate card types in the 12 months prior as a primary cardholder

  • RTY on 25/08/2023 - 13:21

    Previous cba low fee gold was closed on 16/7/2022.
    Applied for this one 2/8/2023, got the card 9/8/2023, min spend reached 16/8/2023, cashback received 24/8/2023. Gonna close the card today before first statement.

    • eastmeetswests on 25/08/2023 - 15:58

      I had a very similar experience to you. I hit the spend 2 days axtivating the card. Received cashback today.

      I am yet to receive my 1st statement.

      Looks like might do cashback in batches.

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