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Business / Business banking products rates & fees / Quarantined products

Business Line of Credit/Agribusiness Line of Credit

(Effective Date 10 November 2023)

Loan type
Interest rate (p.a.)
Business Line of Credit - Residential Equity Rate#
8.35% (RER)
Business Line of Credit - other than residential security# (Base Rate)
10.43%
Business Line of Credit Reference Rate#
10.13%
Excess Drawing Interest Rate^
17.43%
Default Interest Rate
16.50%

#Rates are Reference Rates only. Interest Rate Margins may apply.

^Maximum rate applicable

Establishment Fee, Line Fee and other fees which apply will be detailed in your Letter of Offer.

For more information on your Business Line of Credit or Agribusiness Line of Credit product, please contact your relationship manager.

SuperGear

(Effective Date 10 November 2023)

Loan type
Interest rate (p.a.)
Default Interest Rate
17.43%
Excess Drawing Interest Rate
17.43%

Note: All other applicable variable reference rates for SuperGear are the same as the BetterBusiness Loan rates. See full details on the BetterBusiness Loan product page. 

Commonwealth Portfolio Loan1

(Effective Date 17 November 2023)

Loan type
Interest rate
CommSec Variable Rate2
10.28% pa

1Commonwealth Portfolio Loan is a product of the Commonwealth Bank of Australia administered by its wholly owned subsidiary Commonwealth Securities Limited ABN 60 067 254 399 (CommSec).

2The CommSec Variable Rate is based on wholesale money market Interest rates plus a margin.

Simple Business Overdraft

(Effective Date 10 November 2023)

Loan type
Interest rate (p.a.)
Simple Business Overdraft Rate
17.55%
Simple Business Overdraft – Excess Drawing Rate
17.55%
Simple Business Overdraft – Default Interest Rate
16.50%

Establishment Fee, Line Fee and other fees which apply will be detailed in your Letter of Offer. If we allow you to exceed your Overdraft limit, the Simple Business Overdraft Rate will apply for each day your limit is exceeded.

For more information on your Simple Business Overdraft product, please contact your relationship manager.

Business Liability Business Credit Card

(Effective Date 13 November 2023)

Secured
Residential security
8.50% p.a.
$40.00 per card
Commercial security
13.49% p.a.
$40.00 per card
Unsecured
Low Rate
14.55% p.a.
$0
Interest Free Days
17.57 % p.a.
$60 per card

Business Gold Awards credit card

This product hasn't been available for sale since 23 March 2018.

Interest rate
Annual fee
Purchase rate 20.74% p.a. 
Cash rate 21.74% p.a.
$150

Things you should know

  • As this information has been prepared without considering your objectives, financial situation or needs, you should, before acting on this information, consider its appropriateness to your circumstances.

    All products mentioned on this web page are issued by the Commonwealth Bank of Australia, view our Financial Services Guide. View Product Disclosure Statements (PDSs) or Terms and Conditions for Business Transaction and Savings Account, Term Deposit, and Farm Management Deposit Account General Information and Terms & Conditions and consider them before making any decision about these products.

    Rates and fees are subject to change without notice. Different rates may apply for deposits lodged by financial institutions. Full terms and conditions are available on application. Bank and Government charges may apply.