ME frank credit card

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Keep interest costs low and pay no annual fee with the ME frank credit card.

The ME frank credit card offers an ongoing $0 p.a. annual fee and a low variable interest rate of 11.99% p.a. for purchases, balance transfers and cash advances.

11.99% p.a.

Balance transfer rate

11.99% p.a.

Purchase rate

$0 p.a.

Annual fee

55 days

Interest free period


Product NameME frank Credit Card
Balance Transfer Rate11.99%
Balance Transfer Revert RateCash Advance Rate (11.99% p.a.)
Purchase Rate11.99% p.a.
Annual Fee$0
Interest Free Period55 days
Cash Advance Rate11.99% p.a.
Minimum Credit Limit$1,000
Maximum Credit Limit$15,000
Card TypeMastercard
Foreign Currency Conversion Fee (Visa/Mastercard)1.5% of transaction value
Complimentary Travel InsuranceNo
Minimum Income$25,000
Minimum Age18 years of age
Available to Temporary ResidentsNo
Joint ApplicationNo


  • A low 11.99% p.a. p.a. interest rate on purchases and cash advances
  • Ongoing $0 annual fee


  • No rewards program, insurance or other perks
Annual Fee$0
Minimum Monthly Repayment3% of transaction value or $10, whichever is greater
Late Payment Fee$10
Foreign Currency Conversion Fee (Visa/Mastercard)1.5% of transaction value
Cash Advance Fee2% or $4, whichever is greater
Additional Cardholder Fee$0
Number of Additional Cardholders8

Expert review

Amy Bradney-George

Review by

Amy is an editor and writer at with more than 10 years experience covering credit cards, personal finance and various lifestyle topics. When she’s not sharing her knowledge on money matters, Amy spends her time as an actress.

Expert review

The ME frank is a low rate credit card that also offers an ongoing $0 p.a. annual fee and straightforward credit card features. It’s variable interest rate of 11.99% p.a. is extremely competitive among low rate cards and actually applies to all transactions. This means you get charged the same interest rate for purchases, cash advances and balance transfers, which can make it easier to keep track of charges.

How to apply

You can apply for the ME frank credit card online in around 5–10 minutes. To get started, make sure you meet the eligibility criteria and have the required documents and details on hand for a quick application process.

Eligibility criteria

  • Minimum income. You must earn a minimum of $25,000 a year to apply for this card.
  • Residency. You must be an Australian citizen or permanent resident.

Card benefits

  • $0 annual fee. This card does not charge an annual fee.
  • Low interest rate. The ME frank credit card charges a competitive variable interest rate of 11.99% p.a. This rate applies to purchases, balance transfers and cash advances.

Rates & fees

  • Interest-free period. When you pay your balance back in full for the previous statement period, you can take advantage of up to 55 days interest-free on purchases. The actual length of time will depend on when you make the purchase in your payment cycle, starting from the first day of your statement cycle. For example, purchases made on the first day of a new statement period will be eligible for 55 days interest-free, the purchases made on the second day would get 54 days, and so on.
  • Cash advance fee. When you withdraw money using your card or make another cash advance transaction, you'll be charged a fee of $4 or 2% of the amount (whichever is greater).

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  1. Default Gravatar
    March 28, 2019

    I have just got a Credit Card from MeBank. I would like to know that does my Credit Card include a travel Insurence when I pay the air tickets foroverseas?
    I look forward to hearing from you soon.

    • AvatarStaff
      March 29, 2019

      Hi Hoang,

      Thanks for reaching out! Upon checking, the ME frank credit card does not have complimentary travel insurance. If you are still looking for travel insurance options, you can visit this page.

      Hope this was helpful. Don’t hesitate to message us back if you have more questions.


  2. Default Gravatar
    December 6, 2018

    Which bank issues ME Frank credit cards?

    • AvatarStaff
      December 11, 2018

      Hello Richard,

      Thank you for your comment.

      The bank that issues frank low rate card is ME Bank.

      Should you wish to have real-time answers to your questions, try our chat box on the lower right corner of our page.


  3. Default Gravatar
    October 14, 2018

    What is the quickest likely turnaround time from initial credit card application to finalized and available credit card

    • AvatarStaff
      October 15, 2018

      Hi Eddie,

      Thank you for your question.

      We have an extensive article that talks about how long does it take to get a credit card? Please check in this page to be routed to that article. Hope this helps!


  4. Default Gravatar
    May 2, 2018

    Good morning, My husband wants to apply for ME credit card. He will be working for a different company from next Monday 7/05/2018 after 3 years with present company doing the same work. Will this affect his application. His choice to change.

    • AvatarStaff
      May 4, 2018

      Hi Linda,

      Thank you for getting in touch with finder.

      As you click on the application requirements tab it says that the minimum income is $25,000. If you husband has the proof of having that minimum income or more then you have nothing to worry about applying for this card even if he is changing jobs.

      Please note: “You can apply for the ME frank credit card online in around 5–10 minutes. To get started, make sure you meet the eligibility criteria and have the required documents and details on hand for a quick application process.”

      Employment details. This includes your position, salary and your employer’s name and contact details. If your self-employed, you may need to provide your accountant’s details and your previous Australian Taxation Office statements.

      As a friendly reminder, while we do not represent any company we feature on our pages, we can offer you general advice.

      I hope this helps.

      Have a great day!


  5. Default Gravatar
    May 1, 2018

    Can a self funded retiree apply for a ME frank credit card?

    • AvatarStaff
      May 1, 2018

      Hi John,

      Thank you for getting in touch with finder.

      As a friendly reminder, while we do not represent any company we feature on our pages, we can offer you general advice.

      As long as you meet the application requirements like having the minimum income of $25,000 then you are qualified to apply for this card.

      Once you click on Go to site button on this page, you may also see their contact number for your further enquiries. They are open from Monday to Friday 8am-8pm (AEST) and on Saturday 9am-5pm (AEST).

      I hope this helps.

      Have a great day!


  6. Default Gravatar
    April 9, 2018

    Do you have direct debit for a credit card repayment. As I would like the payments to go directly into your bank on the due date. What would I need to do this?

    • AvatarStaff
      April 9, 2018

      Hi Marilyn,

      Thank you for getting in touch with finder.

      The quickest and easiest way to pay off credit card debt is with a monthly direct debit. Choose whether to pay the monthly minimum, a percentage of your total or a set amount – and on your due date each month your payment will automatically happen.

      If you already have an ME frank credit card and you want to set up a direct debit payment then you can call them to set that up or have your direct debit payment set up online.

      I hope this helps.

      Have a great day!


  7. Default Gravatar
    March 6, 2018

    Hi it states the minimum is $1000 what is the maximum credit for a credit card please

    • AvatarStaff
      March 7, 2018

      Hi Shirley,

      Thank you for your question.

      If you are referring to the maximum credit limit of the ME frank Credit Card, it is $15,000.


  8. Default Gravatar
    February 28, 2018

    What does being able to add 8 card holders to the card mean?

    • AvatarStaff
      March 8, 2018

      Hello Maree,

      Good day! Appreciate you contacting us regarding your inquiry today.

      Additional cardholders may be someone from your family whom you authorize to share your credit limit with you. Upon the bank’s assessment and approval, they will be given their own card under their name and every time they make purchases that will be charged to your account and be taken against your total credit limit. It looks like ME frank credit cards allow you to add up to 8 additional cardholders if you wish to.

      Please bear in mind that the more cardholders on your account, the harder it will be to manage your finances and credit limit as you will all share the same credit. You will still receive one statement for the account, and be responsible for all transactions and repayments.

      For further information regarding this or if you wish to get in touch with their representatives for additional inquiries you may have, kindly click on the green “Go to site” button on this page you have accessed.

      Hope this helps!

      All the best,


  9. Default Gravatar
    February 14, 2018

    I have applied for a frank credit card before and then when i paid off my balance i removed the card. Now id like to reapply for the same card, but when i have my application was denied? and i would like to get this resolved as to why?? thanks

    • AvatarStaff
      March 7, 2018

      Hi Sandra, thanks for your inquiry.

      This could depend on when you last applied for your card. For credit cards, the general consensus is to not apply for more than one credit card every 6 months. To get this resolved, it would be best to contact ME frank directly.



  10. Default Gravatar
    August 10, 2017

    How long does it take to get approval and receive this credit card. Going overseas in about 58 days

    • Default Gravatar
      August 10, 2017

      Hi Alexis,

      Thanks for your inquiry.

      It usually takes up to 10 business days for the approval and delivery of the card.

      Hope this information helped.


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