Commonwealth Bank launches new no interest credit card to combat buy now, pay later – NEWS.com.au

Commonwealth Bank has hastily launched a new no-interest credit card in a bid to attract younger spenders turning their backs on high debt-accruing lending products.For a monthly fee ranging between $12 and $22, CBA’s new CommBank Neo card provides customers with a credit limit of up to $3000, attracting zero-interest, no annual or late fees and no foreign currency charges.
The new card offered by Australia’s largest retail bank, also gives customers a range of discounts and cash-back offers th…

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