MyState Financial Low Rate MasterCard

MyState Financial has been offering financial services to customers for nearly 50 years. They have designed a Low Rate credit card for their customers who are looking for a simple way to manage their personal finances.

No longer offered in the market

The MyState Financial Low Rate MasterCard is no longer available for new applications. However, we've kept the information online for the benefit of existing customers and for those who are interested.

You can compare the current range of low interest rate credit cards here.

MyState Credit Card Rates

This credit card offers very competitive rates that will be very beneficial to customers that are looking for a cheap credit card that allows them to save money and help to pay off some of their debt.

With this card, you will have a 12.99% p.a. on purchases and a 21.74% p.a. rate for cash advances. Also, your annual fee will be $49. You will be able to add as many as 4 additional credit cards to your account for no charge.

What Else Will I Get With The MyState Financial Mastercard?

With the Gold card, you will be eligible to receive complimentary insurance that will cover you for interstate travel against flight cancellations and against lost, delayed or damaged luggage. You will also have complimentary overseas travel, and will be covered against any unexpected cancellations or delays, hospital and medical expenses, damage or loss of personal items and for the excess of your rental vehicle, and more. This insurance will cover you and your family.

In addition to all of this, you will have complimentary purchase cover for both the Silver and Gold cards. This covers items that you have purchased for a period of three months, and covers them against loss, theft or even damage. The items must be purchased with your MyState Low Rate Mastercard.

Is This Credit Card Right For Me?

As with every credit card, it is important that you find a card that is right for you. If you are able to pay your balances off every month, then yes, this card is a good option. This Low Rate Mastercard has competitive fees, great insurance and you can add additional cards for no charge.

But you do have to make sure that you are able to pay your balances every month, or the interest charges will be very high. If you do have current credit card debt, then you should consider using this credit card for its introductory balance transfer rate. It can help you reduce and even clear your credit card debt, so that you can regain control of your finances.

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6 Responses

  1. Default Gravatar
    mike16546April 14, 2015

    Hi, which is the best credit card?


    • Avatarfinder Customer Care
      JonathanApril 14, 2015Staff

      Hi Mike16546, thanks for your inquiry!

      The best credit card would depend on your personal needs and situation. Please refer to the following link for a list of best credit cards depending on your needs.



  2. Default Gravatar
    RichardOctober 16, 2014

    can a debit card be used as a credit card or Vice Versa???

    • Avatarfinder Customer Care
      ElizabethOctober 16, 2014Staff

      Hi Richard,

      Thanks for your question.

      You’re unable to use a debit card as a credit card as you have to have available funds to make purchases. With a credit card you can make purchases up to your approved credit limit with having no money directly loaded onto the card.

      I hope this has helped.



  3. Default Gravatar
    MarianAugust 25, 2014

    I need a credit card which will also cover myself and my husband for travel overseas.
    I notice that some of your cards mention travel insurance. Is there an age/medical limit on cover?
    I already have a MyState Silver coloured card.
    We are traveling to New Zealand in December and to Norfolk Island next June

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