CommBank Neo Card

 General Lending Rates

 Product Features

• Additional Cards Additional Information: Adding an additional cardholder is an easy way to share the convenience and accessibility of your CommBank Neo card with someone else, without opening a new account. You can have one additional cardholder and they must be at least 16 years old. They'll get a card with their name but with your account number.

• Bill Payment Additional Information: Through AutoPay you can choose to have the full closing balance, minimum amount due or a set amount (assuming it's more than the minimum amount due and less than the full closing balance) directly debited from a CommBank transaction account.

• Bill Payment Additional Information: See, track and easily pay your bills online in NetBank or on the go in the CommBank app.

• Other Additional Information: Instantly lock, block or limit your card for extra control through the CommBank app or NetBank.

• Complementary Product Discounts Additional Information: A program available exclusively to Mastercard cardholders that provides access to unforgettable experiences in the cities where you live and travel.

• Other Additional Information: Access a range of travel benefits through Travel Booking (provided by Hopper) for eligible customers.

• Digital Banking Additional Information: Wherever you are in the world, CommBank gives you the choice and control to securely manage all of your accounts on a range of devices, the way you want.

• Digital Wallet Additional Information: Pay with your Apple(TM) device using Apple Pay.

• Digital Wallet Additional Information: Pay with your Android(TM) phone using the CommBank app.

• Digital Wallet Additional Information: Pay with your Fitbit(TM) smartwatch using Fitbit Pay.

• Digital Wallet Additional Information: Pay with your Garmin(TM) smartwatch using Garmin Pay.

• Digital Wallet Additional Information: Pay with your Android(TM) device using Google Pay(TM).

• Digital Wallet Additional Information: Pay with your Samsung(TM) device using Samsung Pay.

• Other Additional Information: With Bill Sense, you can see how much you'll need to cover bills each month - up to 12 months in advance - on one simple timeline in the CommBank app. We predict your bills based on patterns in your transactions, how much you pay and when. We may not predict all of your bills.

• Other Additional Information: Get cashback when you activate and redeem your CommBank Rewards. Available to eligible Mastercard cardholders in the CommBank app.

• Other Additional Information: We help you stay on track with your card spending in the CommBank app.

• Other Additional Information: Use instore, online and withdraw local currency at millions of locations, everywhere Mastercard is accepted. A Mastercard allows you to pay for things using your card, smartphone or wearable. You may receive access to other features and benefits associated with your Mastercard subject to terms and conditions.

• Notifications Additional Information: We'll tell you when your online bill payment is due.

• Notifications Additional Information: Sends message to customer to inform them their card is over limit and to make payment to reduce limit and prevent an over limit fee from being charged to the account.

• Notifications Additional Information: Reminders before payments are due.

• Notifications Additional Information: Turn Transaction Notifications on in the CommBank app and we'll instantly alert you when you pay using your CommBank Neo card, and when you receive money into your everyday account.

 Product Eligibility

• Min Age - 18. Additional Information: The additional cardholder must be 16 years of age or older.

• Residency Status - Au. Additional Information: Available to citizens or permanent residents of Australia and valid visa holders. Make sure you are legally allowed to work in Australia.

• Residency Status - Nz. Additional Information: Available to citizens or permanent residents of NZ and valid visa holders. Make sure you are legally allowed to work in Australia.

• Natural Person Additional Information: Individuals must have the legal capacity to enter into the loan contract. Not available for non-personal borrowers.

• Other Additional Information: Applications for CommBank cards are subject to credit approval.

• Other Additional Information: Each application for credit is assessed on the ability of the applicant to service debt (limit) based on the financials supplied in the application.

 Bank Fees and Charges

• Additional Cardholder Fee (Periodic), Amount: 0.00. Additional Information: Pay no additional cardholder fee to share the convenience of your card with someone else.

• Late Payment Fee (Event), Amount: 0.00. Additional Information: Late payment fees are not charged with CommBank Neo.

• Emergency Issue/ Lost/ Replacement Card Fee (Event), Amount: 20.00. Additional Information: When you need an emergency replacement card delivered to you.

• International Transaction Fee (mastercard Transactions) (Transaction), Amount: 0.00. Additional Information: Pay no international transaction fees for purchases you make overseas or online.

• Monthly Fee (Periodic), Amount: 15.00. Additional Information: Monthly fee of $15, $20 or $25 depending on your credit limit. $15 per month for a $1,000 credit limit, $20 per month for a $2,000 credit limit or $25 per month for a $3,000 credit limit. If you do not have any processed transactions in a given statement period and pay your previous statement closing balance in full by the due date, you will not be charged a monthly fee for that statement period.

• Monthly Fee (Periodic), Amount: 20.00. Additional Information: Monthly fee of $15, $20 or $25 depending on your credit limit. $15 per month for a $1,000 credit limit, $20 per month for a $2,000 credit limit or $25 per month for a $3,000 credit limit. If you do not have any processed transactions in a given statement period and pay your previous statement closing balance in full by the due date, you will not be charged a monthly fee for that statement period.

• Monthly Fee (Periodic), Amount: 25.00. Additional Information: Monthly fee of $15, $20 or $25 depending on your credit limit. $15 per month for a $1,000 credit limit, $20 per month for a $2,000 credit limit or $25 per month for a $3,000 credit limit. If you do not have any processed transactions in a given statement period and pay your previous statement closing balance in full by the due date, you will not be charged a monthly fee for that statement period.

 Limitations & Restrictions (Constraints)

• Max Limit of 3000.00 Additional Information: Note that the credit limit we give you will depend on your ability to meet your repayments.

• Min Limit of 1000.00 Additional Information: Note that the credit limit we give you will depend on your ability to meet your repayments.

 Document Downloads

  cc2-cou.pdf (507 K)