Myer Card Review

Information verified correct on December 8th, 2016

Who else wants to earn bonus MYER one shopping credits, receive exclusive MYER one offers, and get up to 62 interest-free days on Myer purchases?

Myer cardholders get automatic membership to MYER one, making you privy to a range of exclusive offers and giving you VIP invites to different events. When you use this store card to shop you earn MYER one shopping credits that you can redeem through MYER one Reward Cards. Using this card in the right way gives you the ability to get up to 62 interest-free days on purchases, supporting your spending even further.

Product NameMyer Card
Rewards ProgramMyer One
Purchase rate (p.a.)23.49% p.a.
Annual fee$39 p.a.
Interest Free Period
The interest-free period on purchases is the period or number of days you do not have to pay interest on your card purchases. You will be charged interest either from the day you make a purchase or from the statement date, unless you pay the closing balance in full by the due date (or within the interest-free period) on your statement.
Up to 62 days on purchases
Cash advance rate (p.a.)23.49% p.a.
Card TypeVisa
Late Payment Fee$20
Complimentary Travel Insurance Cover0 months
Available To Temporary ResidentsNo
Minimum Age18 years of age
Available to Temporary ResidentsNo
Credit Rating Requirement
Credit rating requirement is provided only as a guide. Understanding your credit file helps you make more informed decisions in regards to your finances. Learn more about what this means here.
Good
Annual Fee$39 p.a.
Late Payment Fee$20
Rewards ProgramMyer One
Rewards Points per $ (VISA/MC)1
Rewards Points per $ (VISA/MC) Cap2,000
Points ExpiryNever

Myer Card review

People who like shopping at Myer can find benefits from the Myer Card. This card charges a rather nominal annual fee, and in return you can expect to get bonus shopping credits added to your MYER one membership. You can get as many as 62 interest-free days on purchases by paying the account’s closing balance in full before each due date.

Benefits of the Myer Card

  • Shopping credits. If you’re not an existing MYER one member, you get free enrolment to the program, and when you use this card to make purchases at Myer you get 1 bonus shopping credit for every dollar you spend. This means you earn three shopping credits for every dollar you spend. You can also earn 1 MYER one shopping credit for every $1 spent everywhere else. When you get to 2,000 credits, you automatically receive a $20 MYER one Reward Card that you can use in-store to buy anything.
  • More MYER one benefits. Membership to this rewards programs brings with it a range of exclusive offers for MYER one members, VIP invitations to various special events, and a free copy of Emporium magazine with any in-store purchase.
  • Interest-free offers. From time to time, Myer cardholders can take advantage of special interest-free promotions, which range from 3 months to as many as 48 months.

Myer Card features

  • Annual fee. The Myer Card attracts a nominal annual fee of $39 that you have to pay every year for as long as you keep using the card.
  • Rewards for spending. This Myer store card enables you to earn bonus shopping credits when you use it for making purchases. While you earn two shopping credits for every dollar you spend through your Myer one membership, this card enables you to earn an additional shopping credit for every dollar spent, taking the total to three.
  • More than shopping credits. Apart from shopping credits, this card also gives you VIP access to a number of special events as well as an array of exclusive offers.
  • Interest-free days. If you pay the account’s closing balance completely before the following due date, you can get up to 62 interest-free days on purchases.
  • Interest-free offers. As a Myer cardholder, you can look forward to periodical interest-free promotional offers that can range from three months to four years.
  • Credit limit. The minimum credit limit of the Myer Card is , making it a suitable option to consider for those on various budgets.

How to apply for the Myer Card

You can apply for the Myer Card by visiting your closest Myer store, or you can apply online. Applying online takes no more than a few minutes, but before applying, establish if you meet the required eligibility criteria:

Application criteria

  • You’re a permanent Australian resident
  • You’re at least 18 years old

Required documents

  • Personal details like your name, address, phone number, date of birth and Australian driver’s license number
  • Financial details about your income, assets, expenses, and liabilities
  • Your employer’s name and contact details

While this card rewards you when you shop at Myer, it isn’t the only one, so compare it with others that also reward spending before you think about applying.

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Credit Cards Comparison

Rates last updated December 8th, 2016
Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee
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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.
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* 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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