ME credit cards

ME
ME's overall rating for credit cards

(as rated by the Mozo community)

8.0 / 10

based on 204 reviews

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. Read on to find out more.

Rates and fees verified as correct at 16 November, 2018. Other information correct at the time of writing.

What credit cards do ME offer?

Low rate credit cards 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 mis a monthly payment or two.

Product Purchase rate Balance transfer rate Annual fees Interest free days  

11.99% p.a.

No current offer

$0

55

Go to site

Hide

Low fee credit cards 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  

11.99% p.a.

No current offer

$0

55

Go to site

Hide

**Saving based on the average difference in fees and charges over 3 years between the most competitive product Mozo can refer a consumer to and the average credit card product input by 6,863 consumers (average balance of $4,262 or balance transfer balance of $5,818, interest rate of 19.6% and annual fee of $36.50) who used the Mozo Credit Card Health Check tool between 1 January 2012 to July 2012.

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.

ME credit cards

Overall 8.0

Price

Features

Customer service

Convenience

Trust

203 Reviews

Recent ME credit card reviews Recent ME credit card reviews

ME

ME credit card review

Overall rating   6 / 10

Great

They answer the phone quickly.

Full review

They answer the phone quickly.

    Price   8 / 10

    Features   8 / 10

    Customer service   8 / 10

    Convenience   4 / 10

    Trust   7 / 10

Less

Sharon, Victoria, reviewed about 2 months ago

ME

ME credit card review

Overall rating   6 / 10

Good customer service

You do not get any unwanted fees.

Full review

You do not get any unwanted fees.

    Price   7 / 10

    Features   8 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   8 / 10

Less

Sharon, Victoria, reviewed about 2 months ago

ME

ME credit card review

Overall rating   10 / 10

Great customer service

Very helpful.

Full review

Very helpful.

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Terry, Queensland, reviewed about 2 months ago

ME

ME frank Credit Card credit card review

Overall rating   9 / 10

Competitive rates and great customer service!

I dislike the interest rates, although they are very competitive they could certainly be reduced further. The app does not have all the options to do internet banking - not easy to navigate. I think that the website is a lot worse than the app....

Full review

I dislike the interest rates, although they are very competitive they could certainly be reduced further. The app does not have all the options to do internet banking - not easy to navigate. I think that the website is a lot worse than the app. However overall - I am very satisfied with the customer service of ME bank and have found their rates to be very competitive.

    Price   8 / 10

Less

Chloe, Victoria, reviewed over 1 year ago

ME

ME frank Credit Card credit card review

Overall rating   9 / 10

Competitive rates and fast friendly service

Always helpful with queries, friendly and fast customer service.

Full review

Always helpful with queries, friendly and fast customer service.

    Price   9 / 10

Less

Jade, Victoria, reviewed over 1 year ago

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Mozo may receive a payment from financial providers listed on the site. Customer reviews are in no way affected by any commercial relationships Mozo has with providers. Reviewers may receive a voucher from Mozo in exchange for their review. Vouchers are given to all reviewers who meet our review guidelines regardless of the sentiment of their reviews.

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

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