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The Rock MyCard Platinum Mastercard Review

Enjoy up to 55 interest-free days on purchases while earning rewards points using your card.

The Rock MyCard Platinum Mastercard rewards cardholders for every dollar they spend while keeping their card costs low. Cardholders get an array of complimentary insurance covers, they get access to a platinum concierge service.

Product NameThe Rock Platinum Rewards Mastercard
Rewards ProgramCard Services Rewards Program
Balance transfer rate (p.a.)0% p.a. for 14 months
Balance Transfer Revert Rate
The interest rate after the balance transfer ends.
Cash Advance Rate (21.74% p.a.)
Balance Transfer Limit80% of available credit limit
Purchase rate (p.a.)20.24% p.a.
Offer end date30 June 2018
Annual fee$99 p.a. annual fee for the first year ($129 p.a. thereafter)
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 55 days on purchases
Cash advance rate (p.a.)21.74% p.a.
Min credit limit
This is the lowest credit card limit that you can request. It is possible to apply for a higher credit card limit but not a lower one than this figure.
$6,000
Max credit limit
This credit limit may not be issued to you immediately on application. This is the maximum credit limit for this card which must be applied for or offered to you after you are approved and have already opened the account.
$30,000
Card TypeMastercard
Foreign Currency Conversion Fee (MC)
Foreign currency conversion fees are charged when you make a transaction that is converted by a credit card network, such as MasterCard, Visa or American Express, from Australian dollars to a foreign currency. You’ll also incur a currency conversion fee if you make a purchase or obtain a cash advance in Australian dollars while overseas or shopping online with a foreign merchant or financial institution.
3.4% of transaction value
Complimentary Travel InsuranceYes
Minimum Income$35,000
Minimum Age18 years of age
Available To Temporary ResidentsNo
Annual fee$99 p.a. annual fee for the first year ($129 p.a. thereafter)
Minimum Monthly Repayment2% or $30 whichever is greater
Late Payment Fee$10
Cash Advance Fee$3.50 (or 3.50% of amount when >= $100) for each cash advance
Overseas Cash Advance Fee$5
Foreign Currency Conversion Fee
Foreign currency conversion fees are charged when you make a transaction that is converted by a credit card network, such as MasterCard, Visa or American Express, from Australian dollars to a foreign currency. You'll also incur a currency conversion fee if you make a purchase or obtain a cash advance in Australian dollars while overseas or shopping online with a foreign merchant or financial institution.
3.4%
of transaction value
Additional Cardholder Fee$0
Number of Additional Cardholders4
Rewards ProgramCard Services Rewards Program
Bonus Points20,000 bonus points
Rewards Points per $ spent (VISA/MC)1.25
Rewards Points per $ (VISA/MC) Cap100,000

The Rock MyCard Platinum Mastercard review

Earn 1.25 point using your Rock MyCard Platinum Mastercard. This card offers up to 55 interest-free days on purchases, letting you pay for your purchases without paying any interest. The fact that you can turn to its various complimentary insurance covers under different circumstances offers another way to help you save, too.

Benefits of the The Rock MyCard Platinum Mastercard

  • Interest rate offer. The Rock MyCard Platinum Mastercard comes with an interest rate of 20.24% p.a. for purchases and 21.74% p.a. on cash advances.
  • Bonus points. Apply by 30 June 2018 and receive 20,000 rewards points when you spend $3,000 in the first 90 days of card approval.
  • Complimentary insurance covers. This platinum Mastercard provides cardholders protection through purchase cover insurance, a guaranteed pricing scheme, interstate flight inconvenience insurance, international travel insurance and transit accident insurance.
  • Platinum concierge service. You can turn to this round-the-clock global service to book tickets for different kinds of events, to reserve tables at restaurants, to make travel plans, to send gifts, and much more.

The Rock MyCard Platinum Mastercard features

  • Annual fee. The Rock MyCard Platinum Mastercard has a competitive annual fee of $129.
  • Introductory interest rate. This card does not charge any interest on balance transfers and purchases in the first 14 months.
  • Rewards. You earn 1.25 reward point for every dollar you spend on eligible purchases. You can redeem your points for flight tickets, travel and store vouchers, or in the form of cashback. You can also transfer them to your frequent flyer program account.
  • Interest-free days. If you pay your account’s closing balance in full each month you can get as many as 55 interest-free days on purchases.
  • Complimentary insurances. Purchases made using this card receive cover in different ways. You also get complimentary travel insurances when you use this card to book travel tickets.
  • Concierge service. You can turn to this service for entertainment, travel, and work related solutions. What also helps is it provides assistance in different languages.
  • Additional cards. You can request for up to 4 additional cards, and additional cards linked to platinum cards also earn reward points.
  • Card security. Fraudshield is in place to detect unusual transactions and immediately notify if anything is detected. SecureCode provides additional security when you spend with your card online.
  • PayPass. If you see the PayPass symbol at a merchant, you can use this card to make contactless payments of under $100.

How to apply for the Rock MyCard Platinum Mastercard

Visit any Rock branch to apply, apply over the phone, or apply online.

Eligibility criteria

Bear in mind you have to meet the following eligibility criteria to apply:

  • You’re a permanent resident of Australia
  • You’re over 18 years of age
  • Your annual taxable income is $35,000 or more
  • You have a good credit history

Required documents

When you get down to applying, you have to provide a variety of information, which includes the following:

  • Personal details like your date of birth, marital status, and how many dependants you have
  • Your phone number, residential address, and email address
  • Your employment status and your employer’s name and contact details
  • Details surrounding your finances, which include your income, expenses, assets, and liabilities

While this credit card provided by The Rock deserves your attention owing to its rewards program and other benefits, certain other cards offer similar features. It’s ideal that you compare a few before applying.

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Credit Cards Comparison

Rates last updated June 22nd, 2018
Name Product Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee Product Description
Westpac Low Rate Card
13.49% p.a.
0% p.a. for 24 months with 1% balance transfer fee
$0 p.a. annual fee for the first year ($59 p.a. thereafter)
Offers a 0% for 24 month balance transfer option, first year annual fee waiver and a competitive purchase rate.
American Express Westpac Altitude Platinum Bundle - Qantas - Exclusive Offer
20.24% p.a.
$50 p.a. annual fee for the first year ($249 p.a. thereafter)
Up to 90,000 bonus Qantas Points when you meet the criteria with this dual Visa (issued & serviced by Westpac) & Amex (issued & serviced by Amex).
HSBC Platinum Credit Card
19.99% p.a.
0% p.a. for 22 months with 2% balance transfer fee
$0 p.a. annual fee for the first year ($129 p.a. thereafter)
Offers a 0% p.a. for 22 months balance transfer, $0 annual fee for the first year and an annual fee refund each year when you spend $6,000.
NAB Low Fee Card
19.74% p.a.
0% p.a. for 18 months with 2% balance transfer fee
$30 p.a.
Receive complimentary purchase protection insurance, a 18 month balance transfer offer and special offers from Visa Entertainment.
Citi Platinum Credit Card - 100k Bonus Points
20.99% p.a.
0% p.a. for 15 months with 1% balance transfer fee
$49 p.a. annual fee for the first year ($149 p.a. thereafter)
Earn 100,000 reward Points, enjoy a long-term balance transfer offer, a discounted first year annual fee and complimentary travel insurance.

Compare up to 4 providers

* 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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