ME Bank MasterCard – Rates & Fees

Information verified correct on December 11th, 2016

Enjoy consistent low rates for both purchases and cash advances

Important Information
  • ME Bank are no longer offering this card and have released their frank Credit Card.
    If you would like to compare other ME Bank credit cards: Click here.

The ME Bank MasterCard’s offers the same low rates for both purchases and cash advances, keeping your rates transparent. The ME Bank MasterCard offers a variable interest rate of 12.25% p.a. making it one of the most competitive cards on the market. Furthermore, the card offers you the option of adding up to eight additional cardholders to your account at no extra cost.

Benefits of the ME Bank MasterCard

Low cost and transparency

This card shares the same low rate for both purchases and cash advances With a rate of 12.25% p.a. this card offers one of the lowest variable rates in the Australian market.

Security and protection with the MasterCard Zero Liability

Your purchases are protected by MasterCard® Zero Liability

Features of the ME Bank MasterCard

  • Competitive interest rates - The ME Bank MasterCard offers a variable interest rate of 12.25% p.a. on cash advances and purchases.
  • Shopping convenience - The MasterCard PayPass feature lets you use Tap & Go for any purchases under $100. This makes paying for small personal goods faster and easier.
  • Secure purchases - Each MasterCard credit card features secure chip technology to make it more difficult for your credit card details to be copied. If you are a victim of credit card fraud, you will also be covered for unauthorised transactions by the MasterCard Zero Liability policy.
  • Online security - The ME Bank MasterCard makes online shopping more secure with the MasterCard SecureCode. This code, known only by you and your bank, keeps transactions private and helps prevent fraudulent activity.
  • Rewards programs - The ME Bank MasterCard gives you access to MasterCard’s Exclusive Programs such as Priceless, World and Privileges. As part of these programs, you receive exclusive offers on travel and dining experiences as well as concerts and live events.
  • Competitive annual fees - With the ME Bank MasterCard you can sign up for just $49
  • Replacement cards - If your card is lost or stolen while travelling the ME Bank MasterCard can provide you with an emergency replacement card.
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Applying for a ME Bank Credit Card

Important Information
  • ME Bank are no longer offering this card and have released their frank Credit Card.
    If you would like to compare other ME Bank credit cards: Click here.

If you think an ME Bank Credit Card is right for you, the following information highlights the requirements to apply.

You must be:

  • Income. Earning at least $25,000 p.a. and have a good credit rating
  • Age. At least 18 years of age
  • Residential status. An Australian citizen or permanent resident

To complete the application you will also need the following:

  • Australian passport
  • Current employment details
  • Details of your personal financial information
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2 Responses to ME Bank MasterCard – Rates & Fees

  1. Default Gravatar
    GLEN | November 16, 2015

    if i have a credit card ,credit of $10,000 and no money is owed ,would the bank charge a late payment fee,or interest on that card even though the card still has a $10,000 balance ?.

    • Staff
      Jonathan | November 17, 2015

      Hi Glen, thanks for your inquiry!

      The bank is unable to charge fees/ rates on a 0 balance. Annual fees will still apply.



Credit Cards Comparison

Rates last updated December 11th, 2016
Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
Enjoy a 0% p.a. balance transfer offer for 18 months and also earn 2 bonus Velocity Points in the first 3 months on everyday spend.
20.74% p.a. 0% p.a. for 18 months $64 p.a. annual fee for the first year ($129 p.a. thereafter) Go to site More info
ME Bank frank Credit Card
Enjoy a low and consistent interest rate on purchases and cash advances, combined with no annual fee.
11.99% p.a. $0 p.a. Go to site More info
HSBC Platinum Credit Card
Receive a full annual fee refund and save $149 if you meet the $6,000 spend requirement. Enjoy a balance transfer offer and platinum card benefits such as complimentary insurances and concierge services.
19.99% p.a. 0% p.a. for 15 months $149 p.a. Go to site More info
NAB Low Rate Credit Card
The NAB Low Rate Card offers 0% p.a. on purchases and balance transfers for 15 months. This card also comes with a low annual fee.
0% p.a. for 15 months (reverts to 13.99% p.a.) 0% p.a. for 15 months with a one off 3% balance transfer fee $59 p.a. Go to site More info
HSBC Platinum Qantas Credit Card
Receive 60,000 bonus Qantas Points on eligible spend within 3 months. Enjoy access to premium benefits and complimentary insurance.
19.99% p.a. $199 p.a. Go to site More info

* The credit card offers compared on this page are chosen from a range of credit cards 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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