ME Credit Cards

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After a credit card with $0 ongoing annual fee plus a low 11.99% p.a. interest rate on purchases and cash advances? A ME credit card may be the right choice for you

ME provides a range of personal and business banking solutions which include transaction and savings accounts, term deposits, insurance solutions, and of course, credit cards. Its credit card offering is easy to understand, it gives you easy access to money and you don’t have to pay excessive fees for features you’ll never use.

ME Credit Cards

Rates last updated May 23rd, 2017.

ME frank Credit Card

Interest rate changed from 9.99% p.a. to 11.99% p.a. on purchases, balance transfers and cash advanc

September 19th, 2016

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Jonathan Choi Jonathan
Cash advance rate (p.a.) Purchase rate (p.a.) Interest Free Period Annual fee
ME frank Credit Card
Enjoy an all round low rate on purchases, cash advance and no annual fees, with up to 55 interest-free days.
11.99% p.a. 11.99% p.a. Up to 55 days on purchases $0 p.a. More info

Types of ME credit cards

ME offers only one credit card: the ME frank Credit Card. Find out about this low rate card option below.

  • Low rate credit cards

A typical low rate card charges a low ongoing rate on purchases, but usually charges a higher rate on cash advances. However, the ME frank credit card offers the same low rate of 11.99% p.a. on purchases and cash advances, which is a plus if you want to keep your interest costs to a minimum. The card doesn't attract any ongoing annual fees and offers up to 55 interest-free days when you pay your balance in full by the end of the statement period.

Name Product Purchase rate (p.a.) Interest Free Period Annual fee Balance transfer rate (p.a.) Product Description
ME frank Credit Card
11.99% p.a.
Up to 55 days on purchases
$0 p.a.
Enjoy a low and consistent interest rate on purchases, balance transfers and cash advances combined with a $0 annual fee.

Compare up to 4 providers

Name Product Purchase rate (p.a.) Interest Free Period Annual fee Balance transfer rate (p.a.) Product Description
HSBC Low Rate Credit Card
13.25% p.a.
Up to 55 days on purchases
$55 p.a.
0% p.a. for 15 months with 2% balance transfer fee
Save with 13.25% p.a. on purchases. Also enjoy exclusive offers with the home&Away Privilege Program.
St.George Vertigo Visa
13.24% p.a.
Up to 55 days on purchases
$0 p.a. annual fee for the first year ($55 p.a. thereafter)
0% p.a. for 14 months
Save with 13.24% p.a. on purchases. Also enjoy up to 55 days interest-free.
Westpac Low Rate Card - Online Only Balance Transfer Offer
13.49% p.a.
Up to 55 days on purchases
$59 p.a.
0% p.a. for 24 months with 2% balance transfer fee
A low interest rate on everyday purchases and a long term balance transfer rate offer of 0% for 24 months.
St.George Vertigo Platinum
12.74% p.a.
Up to 55 days on purchases
$99 p.a.
0% p.a. for 20 months
Save with 12.74% p.a. on purchases. Also enjoy Visa Platinum Concierge service.
NAB Low Rate Platinum Card
13.99% p.a.
Up to 55 days on purchases
$100 p.a.
0% p.a. for 18 months with 3% balance transfer fee
Save with 13.99% p.a. on purchases. Also enjoy access to 7 complimentary insurances.
ANZ Low Rate
12.49% p.a.
Up to 55 days on purchases
$58 p.a.
0% p.a. for 16 months with 2% balance transfer fee
Take advantage of 0% p.a. for 16 months on balance transfers and a low ongoing interest rate on purchases.
Bendigo Bank Basic Black Credit Card
12.24% p.a.
Up to 44 days on purchases
$45 p.a.
A basic credit card that features low interest rates, low annual fee and up to 44 interest-free days on purchases.
ANZ Low Rate Platinum
11.49% p.a.
Up to 55 days on purchases
$99 p.a.
0% p.a. for 16 months with 2% balance transfer fee
Enjoy platinum benefits with exclusive discounts, complimentary travel insurance and personal concierge. Also repay your credit card debt interest-free with 0% p.a. for 16 months on balance transfers.
NAB Low Rate Credit Card
13.99% p.a.
Up to 55 days on purchases
$59 p.a.
0% p.a. for 18 months with 3% balance transfer fee
Save with 13.99% p.a. on purchases. Also enjoy special offers from Visa Entertainment.
BankSA Vertigo Visa
13.24% p.a.
Up to 55 days on purchases
$0 p.a. annual fee for the first year ($55 p.a. thereafter)
0% p.a. for 14 months
Enjoy a low balance transfer offer of 0% p.a. for 14 months and a low ongoing purchase rate from BankSA.
American Express Essential®  Credit Card
14.99% p.a.
Up to 55 days on purchases
$0 p.a.
0% p.a. for 12 months with 1% balance transfer fee
A no annual fee card that collects up to 1 Membership Rewards point for every $1 spent.
Bank of Melbourne Vertigo Platinum
12.74% p.a.
Up to 55 days on purchases
$99 p.a.
0% p.a. for 20 months
Save with 12.74% p.a. on purchases. Also enjoy up to 55 days interest-free.
Virgin Money Low Rate Credit Card
11.99% p.a.
Up to 44 days on purchases
$99 p.a.
0% p.a. for 12 months
Save with 11.99% p.a. on purchases. Also enjoy the protection of Fraudshield.
Westpac Low Rate Card
0% p.a. for 6 months (reverts to 13.49% p.a.)
Up to 55 days on purchases
$59 p.a.
0% p.a. for 12 months
A simple low interest rate card featuring a low ongoing rate on purchases, up to 55 days interest-free on purchases and a low annual fee.
Heritage Bank Gold Low Rate Credit Card
11.80% p.a.
0 interest free days
$0 p.a.
0% p.a. for 12 months
Save with 11.8% p.a. on purchases. Also enjoy $0 annual fee.
Coles Low Rate Mastercard
12.99% p.a.
Up to 62 days on purchases
$49 p.a.
0% p.a. for 6 months
Receive $100 off a single Coles Supermarket shop If you apply, are approved by 30 June 2017 and make a purchase within the first 30 days.

Compare up to 4 providers

Learn more about Low Rate Credit Cards

The benefits of banking with ME

The ME credit card offers a variety of perks and here’s what cardholders can look forward to when using their frank cards:

  • ATM access

If you ever need cash in a hurry, you can turn to any ATM that displays the MasterCard logo. ME has an ATM partnership with the Westpac Group, which gives you ATM fee-free access to over 3,000 Westpac, St.George, BankSA, and Bank of Melbourne ATMs across Australia. You can also use ME ATMs to avoid fees.

  • Additional cards

ME gives you the ability to get up to 8 additional cards linked to your primary account. You continue getting a single statement each month, and you remain liable for all purchases made using additional cards linked to your account. To add any additional card holders, you can download and fill in a form from the ME website to fax or email a request.

  • Low interest rate

ME frank credit card’s low interest rate of 11.99% p.a. requires special mention because this low rate applies on purchases and cash advances alike. However, it's important to note that cash advances will collect a cash advance fee.

  • The MasterCard connect

The ME frank credit card comes with an affiliation to MasterCard, so you can look forward to using your card when you travel overseas. While you can use your card at EFTPOS terminals and ATMs, you can also use it for online and over the phone transactions. The MasterCard PayPass technology enables you to make contactless payments for purchases under $100.

The features of ME credit cards

If you’re considering applying for a ME frank credit card, know that it does not offer extras like complimentary insurance covers and rewards, which is why it manages to charge a low interest rate and no annual fees. This card comes with a number of features, though, and here’s what you can expect:

  • No annual fee. A number of credit cards require that you pay an ongoing annual fee for as long as you keep using the card, but this is not the case with the ME frank credit card. Get this card and don’t pay any annual fees for the life of your card.
  • Interest-free days. You can make use of as many as 55 interest-free days on purchases. To take advantage of these interest-free days you have to pay your account’s closing balance in full before each given due date.
  • Multiple payment methods. You can sign up for direct debits linked to your Australian bank account, you can make payments via BPAY, you can transfer funds from other ME accounts, and you can visit Australia Post Bank@Post outlets to make payments via cash or cheque.
  • Direct debit options. If you wish to sign up for direct debits, you can choose to pay the minimum monthly payment, you can set a fixed monthly amount, you can set a percentage of the statement amount, or you can pay the account in full.

How to apply for a ME credit card

You can apply for a ME credit card online. The online application is secure and can be completed in a few short minutes. You should get a response about your application moments after you hit submit.

Eligibility criteria you must meet 

You can visit any ME service centre, you can initiate the process over the phone, and you can apply online. To apply online, click on the ‘Go to Site’ button, but not before you establish that you meet the following eligibility criteria:

  • You are over 18 years old
  • You are a permanent Australian resident or an Australian citizen
  • You are not a US tax resident or a US citizen
  • You don’t have poor creditworthiness.

Documents and information you'll need to provide

  • Personal details like your name, date of birth, and driver’s license or passport number
  • Contact details to include your residential status, home address, phone number, and email address
  • Your employer’s name, phone number, and address
  • Income details from all sources as well as details of all assets. This includes any Centrelink or rental income and is after tax. You may be asked to provide proof of your income.
  • Details about expenses to include information about all existing debts like loans, credit cards, and overdrafts.

What happens next?

If you apply online, you might have to send copies of personal identification documents over by fax or email, and you may also have to send copies of payslips for income verification. Once ME approves your application, you can expect to receive your new credit card within the next seven business days. Before using your card you have to activate it, which you can do over the phone or online.

Frequently asked questions

Read the FAQs about ME credit cards for answers to general questions, or ask us a question if you want to find out more.

A balance transfer is a great money-saving credit card feature that can help you pay off unwanted credit card debt. Check to see whether there is a balance transfer offer for the ME credit card you’re comparing. You can apply for a balance transfer to a ME credit card when you complete the online application. You can also complete and return a balance transfer request form after you apply. This form is available from the ME website.

The following conditions apply.

  • The maximum balance transfer amount is up to your available credit card limit -$100.

Pay your ME credit card the following ways:

  • Direct debit. Set up an automatic direct debit from a savings or transaction account so you can pay your ME credit card on time. Pay just the minimum, a nominated amount or the outstanding balance of your card.
  • BPAY. You can make a BPAY payment to your ME credit card.
  • Bank@Post. Pay your ME credit card in person at an Australia Post retail outlet. Use cash or EFTPOS to make a payment to your credit card.

Check your credit card statement for detailed instructions on how to make a payment to your ME credit card.

Up to interest-free days is another great credit card feature that rewards people who are able to pay off their credit card balance each month. Pay back what you spend and you get ‘up to’ a number of days to make purchases interest-free. It’s based on the time you make a purchase and the time your credit card statement is issued.

A good rule of thumb is pay back everything you’ve spent in the previous statement cycle before you credit card statement’s due date and you can continue to make interest-free purchases on your credit card. Remember that you won’t get interest-free days if you’re paying off a balance transfer balance. Even a balance transfer balance will void the interest-free days feature.

You can apply for an additional card when you complete the online application for a ME credit card. Alternatively, you can complete and send in an additional cardholder request form. Check the ME credit cards review pages for information about the number of additional cardholders offered under each account and whether there’s a fee for issuing a supplementary card. Additional cardholders can be anyone over the age of 16 who is a permanent Australian residents and can provide their identity.

You’re assigned a credit limit based on your financial situation. You may need to increase or decrease your credit limit as your circumstances change. You can apply for a credit limit increase on your ME credit card if your account has been open for nine months. To change your credit limit, speak to a ME customer representative or download and complete a credit limit increase application.

Lost or stolen credit cards must be reported to ME immediately.

If the service in question accepts payments via credit cards, you can use your ME credit card to make payments.

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Read more on this topic

American Express Velocity Platinum Card
American Express Velocity Platinum Card

Interest rate

20.74

Annual fee

375
ANZ Platinum Credit Card - Exclusive Offer
ANZ Platinum Credit Card - Exclusive Offer

Interest rate

19.74

Annual fee

87
St.George Vertigo Platinum
St.George Vertigo Platinum

Interest rate

12.74

Annual fee

99

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53 Responses to ME Credit Cards

  1. Default Gravatar
    Heather | February 4, 2017

    Im very disappointed in ME, I want to change over to the FRANK credit card, but have to re-apply again, when all they could do is transfer the me over as I have a credit card with them. They are the one company that don’t do it. They need to re-think how to change things. Other banks do it Westpac,NAB,Commonwealth etc. They have lost me as there customer, once I get my card paid out, I will close my again

  2. Default Gravatar
    | October 18, 2016

    Hi! I have an ME Bank credit card. I’m just wondering if cash advance will also have 55 days interest free period?

    • Staff
      Jason | October 19, 2016

      Hi Lamia.

      Thank you for inquiring.

      The ME Bank frank Credit Card’s up to 55 days interest free offer generally applies on purchases, not on cash advances.

      I hope this helps.

      Cheers,
      Jason

  3. Default Gravatar
    | October 3, 2016

    Which ATM can I use to withdraw cash using my frank credit card? I tried bpay to st georges loan. Frank cc didn’t allow me.

    • Staff
      May | October 4, 2016

      Hi Lamia,

      Thank you for your inquiry.

      You should be able to use your ME frank credit card at any ATM with MasterCard logo and by selecting “credit” from the menu/options. You’d also be best to contact ME frank directly to be sure that your card is not blocked or does not have any problem when accessing funds from it.

      Cheers,
      May

  4. Default Gravatar
    | September 14, 2016

    Can I get a credit limit of $500 for security reasons?

    • Staff
      Anndy | September 14, 2016

      Hi Bernie,

      Thanks for your question.
      The minimum credit limit that you can request for ME frank Credit Card is $1,000.

      Cheers,
      Anndy

  5. Default Gravatar
    | August 27, 2016

    do you have a platinum card or gold card

    • Staff
      May | August 28, 2016

      Hi Raymond,

      Thank you for your inquiry. Just to confirm that you’ve come through to finder.com.au we are an Australian financial comparison website and general information service and we do not represent ME frank or any other credit card company we feature on our site.

      Unfortunately, ME frank does not have gold or platinum card other than the ME frank credit card they currently offer. However, if you like to compare your other gold or platinum credit card options, please feel free to check the following pages:

      1.) Gold Credit Cards
      2.) Platinum Credit Cards

      I hope this helps.

      Cheers,
      May

  6. Default Gravatar
    Jackie | May 5, 2016

    I just submitted an application which was conditionally approved, I need to send payslips but window closed before I got the email add to send it to.

    • Staff
      May | May 5, 2016

      Hi Jackie,

      Thanks for reaching out.

      Please note that you have come through to finder.com.au – we are a financial comparison website and general information service, not actually ME frank.

      As we do not have access to your application, you’d be best if you contact ME frank directly and their customer service team would be happy to assist you how you can submit your documents/payslips for your card application. You can reach ME frank on the phone number I sent to your email.

      I hope this has helped.

      Cheers,
      May

  7. Default Gravatar
    paula | March 16, 2016

    do you offer free travel insurance?

    • Staff
      Sharon | March 16, 2016

      Hi Paula,

      Thanks for your inquiry.

      Please note that you have come through finder.com.au, not ME bank. Unfortunately, this feature is not available for ME frank credit card.

      You may refer to this page for a comparison of credit cards with travel insurance cover.

      I hope this helps.

      Sharon

  8. Default Gravatar
    Heather | March 9, 2016

    I want to transfer over to Frank but was told I had to apply for the card, why cant they just transfer me over as I have a credit card with ME, other banks do it, why don’t they, as I want the low rate card

    • Staff
      Debbie | March 10, 2016

      Hi Heather,

      Thanks for your question.

      Please note that finder.com.au is an online comparison and information service. We can only provide general information about the products we display.

      There may be several factors why ME does not allow transfers from one card to another. You may wish to contact ME bank directly to better assist you with your concern.
      Please refer to the contact number I’ve sent in your email.

      To check other options, you can compare our list of low interest rate credit cards.

      I hope this helps.

      Cheers,
      Debbie

  9. Default Gravatar
    mat | February 14, 2016

    I apply one’s and they knock be back don’t know why? I’m running a small business.Can i apply again?

    • Staff
      Jonathan | February 15, 2016

      Hi Mat, thanks for your inquiry!

      It is recommended that frequent credit inquiries should be avoided, as this can be a negative signal to lenders/ banks. You may like to read our guide on how to get your credit card application approved to improve your chances of getting a credit card.

      Cheers,

      Jonathan

  10. Default Gravatar
    cath | October 11, 2015

    I receive a full permanent disability pension from Centrelink. Am I able to apply for a $500 credit card or does this automatically dismiss my application?

    • Staff
      Jonathan | October 13, 2015

      Hi Cath, thanks for your inquiry!

      Income includes any Centrelink or rental income and is after tax. You may be asked to provide proof of your income.

      Cheers,

      Jonathan

Credit Cards Comparison

Rates last updated May 23rd, 2017
Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
Take advantage of 0% p.a. for 18 months on balance transfers with a 1.5% BT fee. Plus, receive an exclusive $129 Virgin Australia Gift Voucher each year.
20.74% p.a. 0% p.a. for 18 months with 1.5% balance transfer fee $64 p.a. annual fee for the first year ($129 p.a. thereafter) Go to site More info
HSBC Platinum Credit Card
Earn 1 Reward Point per $1 spent and receive an annual fee refund with minimum spend.
19.99% p.a. 0% p.a. for 22 months with 2% balance transfer fee $99 p.a. Go to site More info
ANZ Platinum Credit Card - Exclusive Offer
Receive a low introductory offer of 0% p.a. on purchases for 3 months and 0% p.a. on balance transfers for 12 months. Also, enjoy an annual fee waiver in the first year.
0% p.a. for 3 months (reverts to 19.74% p.a.) 0% p.a. for 12 months $0 p.a. annual fee for the first year ($87 p.a. thereafter) Go to site More info
NAB Premium Card
An introductory rate of 0% p.a. for 24 months on balance transfers combined with premium benefits such as travel insurance covers.
19.74% p.a. 0% p.a. for 24 months with 3% balance transfer fee $90 p.a. Go to site More info

* The credit card offers compared on this page are chosen from a range of credit cards finder.com.au has access to track details from and is not representative of all the products available in the market. Products are displayed in no particular order or ranking. The use of terms 'Best' and 'Top' are not product ratings and are subject to our disclaimer. You should consider seeking independent financial advice and consider your own personal financial circumstances when comparing cards.

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