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.

The Rock is now called MyState Bank

As of 1 December 2018, The Rock, a division of MyState Bank Limited, has changed its name to MyState Bank.

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 date31 January 2019
Annual fee$99 p.a. annual fee for the first year ($129 p.a. thereafter)
Interest Free Period
The interest-free period is the maximum number of days during which interest is not charged on new purchases. This only applies if you pay your closing balance in full by the statement due date.
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 upon application. This is the maximum credit limit available on this card and you can apply for increases after the account has been opened.
$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
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
Cash Advance Fee$3.50 (or 3.50% of amount when >= $100) for each cash advance
Overseas Cash Advance Fee$5
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
Rewards Points per $ (VISA/MC) Cap100,000

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 31 January 2019 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 in the first 14 months.
  • Rewards. You earn 1 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

Apply for the Rock MyCard Platinum Mastercard via online, over the phone, or by visiting any Rock branch, .

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 December 11th, 2018
Name Product Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee Product Description
NAB Low Fee Platinum Card - Exclusive Offer
19.74% p.a.
0% p.a. for 25 months
$90 p.a.
finder Exclusive: Take advantage of 0% p.a. interest for 25 months on balance transfers with no balance transfer fee. Ends 16 December 2018
More info
Suncorp Clear Options Platinum Credit Card - Online Offer
20.74% p.a.
0% p.a. for 18 months
$49 p.a. annual fee for the first year ($129 p.a. thereafter)
Save with a 0% balance transfer offer and earn up to 60,000 Bonus Rewards Points. Plus, a discounted first year annual fee when you apply online.
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)
finder Exclusive ends 12 December 2018:
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).
NAB Qantas Rewards Signature Card
19.99% p.a.
0% p.a. for 6 months with 2% balance transfer fee
$295 p.a. annual fee for the first year ($395 p.a. thereafter)
Collect 90,000 bonus Qantas Points when you spend $4,000 within 60 days of account opening. Plus, a $295 annual fee in the first year.

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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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