Our verdict

Enjoy a low ongoing purchase rate, included credit card perks, and complimentary insurances with a $149 annual fee.

MyCard is not currently accepting applications for this credit card but will accept them soon.

The MyCard Clear offers simple credit card features and a few extra perks for purchases, including complimentary mobile phone insurance, purchase protection insurance and extended warranty insurance. It has a purchase interest rate of 14.99% p.a., which is competitive with other low rate cards that offer insurance covers, hotel discounts, and other perks.

Another factor to consider is the annual fee, which is $149 per year. That's not a really high fee compared to a reward or frequent flyer card, but it's higher than some low rate cards. It's important to decide if the travel discounts, complimentary insurance and other perks make the fee worthwhile for you.

Pros

Up to 15% off Luxury Escapes (up to $250)
Complimentary mobile phone insurance
Complimentary purchase protection insurance and extended warranty insurance

Cons

Not linked to any rewards program
Complimentary travel insurance is not offered

Details

Product details

Product Name	MyCard Clear
Purchase rate p.a.	Purchase rate p.a.14.99%
Interest-free days	Up to 44 days on purchases
Cash advance rate p.a.	22.24%
Min credit limit	$2,000
Max credit limit	$100,000
Card type	Mastercard

Rewards

Bonus points

N/A

Fees

Annual fee	$149
Minimum monthly repayment	2% of the closing balance or $25, whichever is greater
Late payment fee	$30
Foreign currency conversion fee	3.5%
Cash advance fee	3.5% of transaction value or $3.50, whichever is greater
Overseas cash advance fee	$5
Additional cardholder fee	$0
Number of additional cardholders	4

How to apply

MyCard is not currently accepting applications but will start accepting them soon, according to the MyCard website.

Card benefits

Complimentary insurance. When you use this card for shopping, you can get access to complimentary purchase protection insurance and extended warranty insurance.
Luxury Escapes discount. Until 1 March 2026, you can get up to 15% off (up to $250) on Limited Time LUX Exclusive hotel offers and 10% off on international tours when you pay with your MyCard credit card through the Luxury Escapes website or app.

10% off selected hotels with Expedia or Wotif. You'll get a 10% discount on selected hotels booked through Expedia and Wotif when you pay with your MyCard credit card before 31 January 2027 and stay before 30 June 2027.
Complimentary mobile phone insurance. Pay your monthly mobile plan bill with your MyCard Clear Credit Card and you'll be covered for accidental damage and theft.
Mobile payment technology. The MyCard Clear Card allows you to use your qualifying Android, Samsung and Apple devices to make contactless payments via Samsung Pay, Google Pay and Apple Pay.

Rates & fees

Annual fee. This card charges an annual fee of $149.
Purchase interest rate. This card has a 14.99% p.a. interest rate for purchases, which is lower than the average standard rate according to the Reserve Bank of Australia.

Interest-free days. When you pay your balance in full, you can take advantage of up to 44 interest-free days on your purchases. Note that you will be charged interest on retail purchases if you're carrying a balance transfer debt.
Cash advances. If you make a cash advance transaction using your card, you will be charged interest at the cash advance rate of 22.24% p.a. from the day the transaction is made. You will also be charged a one-time fee of $3.50. If you make a cash advance overseas, the fee is $5.
Additional cards. Customers can get up to 4 additional cards at no extra cost.

Sources

Finder writers are subject matter experts and use primary sources, in-depth research and interviews with other experts to ensure you're getting accurate, up-to-date information. Articles are fact checked in line with our editorial guidelines.
1. MyCard Clear Card's information page

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Anthony

October 19, 2024

Hello, I have a current Citi Clear Credit Card. I am able to use the Balanac Transfer feature?

Angus Kidman Finder

October 20, 2024

Hi Anthony, In general, if you already have a existing card with a provider, you won’t qualify for a balance transfer offer with the same provider.

Art

August 26, 2024

Hi i wish to consolidate my loans into your citi clear balance transfer card. Currently i have a mortgage of $90000 & a personal loan of $54000, Can i transfer the balance $144000 to your card at 0% intetest for 28 months?

Regards

Richard Whitten Finder

September 17, 2024

Hi Art,

Just to be clear Finder does not issue any credit cards. We provide information for readers to compare options, including Citi credit cards.

But most importantly you won’t be able to balance transfer mortgage debt. You can balance transfer outstanding credit card debts and in some cases personal loan debt. But not your home loan debt.

I suggest getting in touch with Citi directly for more help.

Show more Show less

Paul connelly

May 29, 2024

Hi can i transfer a personal loan to this card?

Angus Kidman Finder

September 23, 2024

Hi Paul, Yes, personal loans are potentially eligible for the balance transfer offer, provided the loan wasn’t issued under the Citi brand. Hope this helps.

Ela

April 23, 2024

Do I need to make a apply for this card to be balance transfer that I have credit card how much change to be get it

Sarah Megginson Finder

April 24, 2024

Hi Ela,

I’m not sure what your question is, but you would need to apply for the balance transfer at the time of applying.

Hope this helps!

Richard Whitten is Finder’s Senior Money Editor, with over eight years of experience in home loans, property, credit cards and personal finance. His insights appear in top media outlets like Yahoo Finance, Money Magazine, and the Herald Sun, and he frequently offers expert commentary on television and radio, helping Australians navigate mortgages and property ownership. Richard started his career in education and textbook publishing in South Korea. He holds multiple industry certifications, including a Certificate IV in Mortgage Broking (RG 206) and Tier 1 and Tier 2 certifications (RG 146), as well as a Bachelor of Education from the University of Sydney and a Graduate Certificate in Communications from Deakin University. See full profile

MyCard Clear Credit Card

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