Skye Mastercard

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Take advantage of a $0 first year annual fee, 90 interest-free days on purchases and extra security with MOTION CODE technology.

The Skye Mastercard offers 90 days interest-free on everyday purchases, as well as 9-, 12- or 15-month interest-free instalment plans for purchases of at least $250 or those made with selected retailers.

23.99% p.a.

Purchase rate

$0 p.a.

Annual fee

for the first year ($99 p.a. thereafter)

90 days

Interest free period


Product NameSkye Mastercard - Online Offer
Purchase rate (p.a.)23.99% p.a.
Annual fee$0 p.a. annual fee for the first year ($99 p.a. thereafter)
Interest Free Period90 days
Cash advance rate (p.a.)25.99% p.a.
Min credit limit$1,000
Max credit limit$50,000
Card TypeMastercard
Foreign Currency Conversion Fee (Visa/Mastercard)0%
Complimentary Travel InsuranceNo
Minimum Income$25,000
Minimum Age18 years of age
Available to Temporary ResidentsNo
Joint ApplicationYes


  • Apply online and save with a $0 first year annual fee
  • Features MOTION CODE technology, offering extra security against fraudulent transactions
  • Long 90 days interest-free period
  • Charges 0% foreign transaction fees on online and overseas purchases


  • Very high interest rates on purchases and cash advances when promotional rates expire
  • $20 fee applies for using the MOTION CODE technology feature
Annual fee$0 p.a. annual fee for the first year ($99 p.a. thereafter)
Minimum Monthly Repayment3% of the closing balance or $30, whichever is greater
Late Payment Fee$35
Foreign Currency Conversion Fee (Visa/Mastercard)0%
Cash Advance Fee3% or $3, whichever is greater
Overseas Cash Advance Fee3% or $3, whichever is greater
Overseas ATM Withdrawal Fee$0
Additional Cardholder Fee$10
Number of Additional Cardholders4

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 Skye Mastercard gives you two different interest-free options depending on how you use this credit card. For everyday purchases, you can get 90 days interest-free, which is much longer than the "up to 55 days" offered by many other cards. However, its 23.99% p.a. purchase rate is higher than most cards.

How to apply

You can submit a secure, online application in a few minutes through the Skye Mastercard website. To get started, make sure you meet the following eligibility requirements and have all the essential documents and details on hand.

Eligibility criteria

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

Card benefits

  • $0 annual fee offer. Apply online through a participating webpage (such as and save with a first-year annual fee waiver.
  • 0% foreign transaction fees. The Skye Mastercard charges a 0% foreign transaction fee when you're travelling overseas or shopping online with an international retailer.

Rates & fees

  • Annual fee. Outside of any promotions, this card charges an annual fee of $99 p.a.
  • Purchase rate. The standard purchase rate is 23.99% p.a. This means interest charges will quickly add up if you don't pay off purchases within the 90 interest-free days.

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  1. Default Gravatar
    July 11, 2019

    I am travelling to Japan shortly and want to know is it better to use my ANZ Visa card for purchases or my SKYE Mastercard?

    • Avatarfinder Customer Care
      July 12, 2019

      Hi Dianne,

      Thanks for your question.

      To use ANZ visa or Skye Mastercard depends on your spending needs when you travel to Japan. Here is an insightful page that reads about Travel Money Guide: Japan.

      Hope this helps! For any further questions, feel free to reach out to us again, we’re here to help.


  2. Default Gravatar
    May 15, 2019

    Two questions, fist I have a zip money account that allows me to control how much I pay within the interest free period, is skye the same? Secondly, I notice the 90 day interest free, but will this be subjected to promotions cause I see others using skye offering longer interest free periods? Is this due to the business that uses skye and what interest free period they want to offer on their goods and serives?

    • Avatarfinder Customer Care
      May 16, 2019

      Hi Paul,

      Thanks for getting in touch with Finder! Different from another installment service, Skye Mastercard offers interest-free installment plans of 9, 12 and 15 months when you use it for purchases of $250 or more. SkyePlan installment plans are subject to approval and attract a fee that’s calculated based on the total balance you want to pay off in installments.

      The 90 days interest-free purchase won’t be subject for promotions. When you make a purchase using the Skye Mastercard, you are given 90 days to pay. At the end of the 90-day period, the standard purchase rate will apply to the balance. Note that you will still need to make minimum payments on your account by the due date listed on each statement.

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


  3. Default Gravatar
    January 16, 2019

    Hi, just some comments not a question on skye mastercard.
    I’ve had mine for almost a month.
    They charge a fee for making repayments, it was $0.95 on a $99 repayment!

    Also Skye were unable to tell me what retailers I can use it at when asked on 2 separate occasions, they just pointed to the website which as far as I can tell does not list any retailers. I joined skye because it is Ikea’s preferred card. Ikea may accept their older interest free provider, HSBC, but ask the checkout supervisor.

  4. Default Gravatar
    October 5, 2018

    Can i pay for accommodation on my skye master card?
    (thats not threw flight center?)

    • Avatarfinder Customer Care
      October 5, 2018

      Hi Samantha,

      Thank you for leaving a question.

      Yes you may use the Skye Mastercard as long as the merchant you are transacting with accepts payments through Mastercard. Hope this helps!


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