8.3 / 10

based on 2080 ME banking product reviews as rated by Mozo community

ME credit cards

Are you looking for a genuine, simple experience when you use your credit card? ME bank has been operating in Australia for over two decades, and is bringing you the simple, online service you want.

ME doesn’t offer many credit card options - in fact it offers one. But it’s a pretty good one. You don’t take out a 2020 Mozo Experts Choice Award without being one after all. Read on to find out more.

What credit cards do ME offer?

Rates and fees verified as correct at 24 July, 2021. Other information correct at the time of writing. Advertiser disclosure.

Low rate credit cards

You want to feel comfortable in your spending, so you want a card with a personality, a human touch, a name. You want a card that won’t lie to you, will tell it to you straight. Meet frank.

This is a low rate credit card with no annual fee so it’s perfect for shoppers who want a hassle free experience, and may miss a monthly payment or two.

Product Purchase rate Balance transfer rate Annual fees Interest free days on purchases

11.99% p.a.

No current offer

$0

55

Low fee credit cards

Not just low fee, but no fee! frank is a great addition to any money savvy wallet, but with this card, what you see is what you get. The trade off for the low cost and ease of use is that there are no bells and whistles - don’t expect extra features or freebies and if rewards points is a priority, then this is not the card for you.

Product Purchase rate Balance transfer rate Annual fees Interest free days on purchases

11.99% p.a.

No current offer

$0

55

Frequently Asked Questions about ME credit cards

How many interest free days will I get with a ME credit card?

Even with a low rate ME credit card, it’s a good idea to take advantage of your interest free days in order to minimise the interest you pay as much as possible. You’ll get up to 55 interest free days, but the important thing to remember is that you only get 55 days if you make a purchase at the beginning of your credit card statement cycle. If you buy a flashy new laptop 20 days into your statement cycle, you’ll actually only have the remaining 35 days to pay it off before being charged interest.

What fees might I be charged?

The ME credit card comes with no annual fee, but there are some other fees and charges you might need to be aware of. These include:

A cash advance fee

International transaction fee

MasterCard conversion fee

Emergency replacement card fee

Check out our guide on how to avoid credit card fees.

What is the minimum monthly payment I must make on a ME credit card?

Each month, you’ll have to make a minimum payment on your ME credit card of either $10 or 3%, depending which one is higher. If your whole balance is less than $10, you have to pay the lot.

Although this is the minimum you need to pay, Mozo always recommends you pay off your whole balance, or as much of it as you can afford to, to avoid paying not only interest, but also late fees.

For help keeping your repayments under control and avoiding credit card debt, check out our guide on managing your credit card balance.

Can I use paypass or paywave with my ME credit card?

Yep. A ME credit card works on the MasterCard network, so for purchases under $100, you can use Paypass to Tap ’n’ Go.

Can I use my ME credit card while I’m travelling overseas?

Totally. For all the globetrotters out there, the good news is you can use your ME credit card all over the world, wherever MasterCard is accepted. Which is a lot of places.

In some places in the world, domestically issued MasterCards are only used with chip reader - so if your ME credit card hasn’t got a chip, you may be questioned about it. But it’s fine - your card will still work, and can default to swiping the magnetic strip instead. 

Aside from that, the only other potential hiccup in your international travel plans may be overseas transaction fees, which are pretty stock standard with most credit cards.

What kind of insurance options does my ME credit card offer?

All things considered, the ME credit card is a pretty cost-effective option. But this also inevitably means it’s pretty basic. So you won’t get any of the complimentary insurance options that you might get with fancier, more expensive credit cards, like purchase insurance, extended warranty or complimentary travel insurance.

What rewards options do I have with my ME rewards credit card?

Short answer? None.

As mentioned above, the cost-effectiveness of this credit card means that it’s pretty pared back in terms of freebies or extra features. That means no rewards program or frequent flyer points.

For people who find themselves overspending for the sake of rewards points, that can actually be a blessing, though if you’re a rewards point aficionado, you may want to look elsewhere for a credit card option with more rewards power.

How should I avoid credit card fraud?

When you’re using a credit card, you may be concerned about becoming the victim of credit card fraud. It’s something you should definitely be aware of, and one of the main things both ME and Mozo suggests when using your card, is to review your statements regularly. You can do this online with ME.

Keep an eye out for unusual transactions that you don’t remember making and if you find something fishy, contact ME immediately to resolve the issue.

How are ME credit cards rated?

Mozo users have rated ME credit cards on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.

Icon of credit-cards
ME credit cards
Overall
8.0/10
Price
Features
Customer service
Convenience
Trust

212 Reviews

Recent ME credit card reviews

ME frank Credit Card
Overall 10/10
Excellent product for consumers to use

Easy to obtain and use, great customer service and competitive fee rates.

Read full review

Easy to obtain and use, great customer service and competitive fee rates.

Price
10/10
Features
9/10
Customer service
10/10
Convenience
10/10
Trust
9/10
Less
Josef, Western Australia, reviewed about 2 months ago
ME Credit Card
Overall 8/10
No massive charges.

No massive charges like the bigger bank accounts.

Read full review

No massive charges like the bigger bank accounts.

Price
8/10
Features
8/10
Customer service
8/10
Convenience
8/10
Trust
8/10
Less
Jodie, New South Wales, reviewed 4 months ago
ME Credit Card
Overall 9/10
Low fees and low interest rates

There are minimal fees and low interest rates. Don’t forget to pay on time, there is a fee for that. ATM fees are credited back to your account.

Read full review

There are minimal fees and low interest rates. Don’t forget to pay on time, there is a fee for that. ATM fees are credited back to your account.

Price
10/10
Features
7/10
Customer service
9/10
Convenience
10/10
Trust
10/10
Less
Anthony, Victoria, reviewed 8 months ago
ME frank Credit Card
Overall 8/10
Great

It's a good no fuss no bother low interest rate card. Very pleased. Good response from customer service personnel when contacted.

Read full review

It's a good no fuss no bother low interest rate card. Very pleased. Good response from customer service personnel when contacted.

Price
8/10
Features
8/10
Customer service
8/10
Convenience
8/10
Trust
8/10
Less
Debbie, South Australia, reviewed 9 months ago
ME frank Credit Card
Overall 10/10
Lowest rate ever and the best credit card.

I got this ME Credit card soon after my heart operation. I never expected to get a limit of $9400, however I used it to go on my life long dream to USA for the first time in 55 years of life, I am thankful for that for ME Bank and the best news is I am still on 9,99% into charge. Now I do have transferred my super to Hostplus who is part of ME Bank.

Read full review

I got this ME Credit card soon after my heart operation. I never expected to get a limit of $9400, however I used it to go on my life long dream to USA for the first time in 55 years of life, I am thankful for that for ME Bank and the best news is I am still on 9,99% into charge. Now I do have transferred my super to Hostplus who is part of ME Bank.

Price
10/10
Features
10/10
Customer service
10/10
Convenience
10/10
Trust
10/10
Less
Pulahinge, Queensland, reviewed about 1 year ago

What do you need to apply for a ME credit card?

Ready to apply? First things first, you’ll need to:

  • Be an Australian citizen or permanent resident
  • Not be a US citizen or eligible to pay US taxes
  • Be at least 18 years old
  • Have a good credit rating

Because ME is an online bank, you’ll have to apply through their website, which is quick and easy. When you apply, you’ll need personal details and employment details, as well as details about your current and past finances, including bank statements and pay slips.

You can check out our guide on applying for a credit card for more information.

Credit card quick links