We found your Credit Card: CommBank Neo Card

The CommBank Neo Card is an interest-free credit card offered by Commonwealth Bank of Australia (CommBank). Unlike conventional credit cards, it charges a fixed monthly fee based on your credit limit, with no interest charges, no late fees, and no foreign transaction fees. This makes it a transparent and predictable option for Australians who want to manage their finances more easily.

This card is ideal for individuals seeking simplicity, control, and peace of mind without the complexity of traditional credit card interest calculations.

Key advantages of CommBank Neo Card

Main advantage 1: No interest charges

One of the primary benefits of the CommBank Neo Card is its zero-interest policy. Instead of accruing interest on outstanding balances, users only pay a fixed monthly fee based on their credit limit. This feature makes it an ideal option for individuals who want to avoid the complexities of traditional credit card interest rates.

Main advantage 2: Fixed monthly fee

Unlike standard credit cards that charge annual fees and late payment penalties, the CommBank Neo Card has a transparent fixed monthly fee structure. Depending on the chosen credit limit:

• $15/month for a $1,000 credit limit
• $20/month for a $2,000 credit limit
• $25/month for a $3,000 credit limit

If no transactions are processed during a statement period and the full previous balance is paid by the due date, the monthly fee may be waived.

Main advantage 3: Cashback offers via CommBank Yello

The card offers exclusive cashback offers through the CommBank Rewards program. Users can earn cashback on eligible purchases at participating merchants.

Cardholders can access personalized offers through the CommBank app. When you activate and redeem eligible offers, you’ll receive cashback directly into your account — a great way to save on everyday purchases.

Main advantage 4: No late or foreign transaction fees

CommBank Neo users do not have to worry about late payment penalties or foreign transaction fees, making it a stress-free credit card option for travelers and frequent shoppers.

Main advantage 5: Extra control and security

With features like Spend Tracker & Insights, and the ability to lock, block, or limit your card through the CommBank app or NetBank, you stay in control of your spending and card security at all times.

Want to get a CommBank Neo Card? Then tap the green button below and see how to apply for one!

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About Commonwealth Bank

Commonwealth Bank, also known as CommBank, is one of Australia’s leading financial institutions. Established in 1911, it has grown into a trusted provider of banking and financial services. With over 17 million customers, CommBank is known for its commitment to innovation, digital banking solutions, and strong customer support.

As a leader in digital banking, Commonwealth Bank offers a seamless online banking experience, ensuring that users can manage their CommBank Neo Card easily through the CommBank app.

The Commonwealth Bank of Australia (CommBank) is one of the country's largest and most trusted financial institutions. Guided by its purpose — “building a better future for all” — the bank serves over million customers, providing retail and business banking services primarily in Australia and New Zealand through its subsidiary, ASB.

Why choose the CommBank Neo Card?

The CommBank Neo Card is designed for Australians who prefer a straightforward, interest-free credit card. Whether you're looking to manage your spending, enjoy cashback rewards, or eliminate late fees, this card offers a hassle-free credit solution.