ME frank Credit Card

11.99% p.a.

No current offer

$0

n/a

ME frank Credit Card

11.99% p.a.

No current offer

$0

n/a

Mozo Review   ME frank Credit Card Review

Last updated: 3 May 2018.

What's hot:
  • 11.99% p.a. purchase and cash advance rate

  • No annual fee

  • Up to 55 days interest free

  • Multiple Mozo Experts Choice Award winner

What's not:
  • $10 late payment fee

Mozo snapshot:

If you're after a credit card with no hidden catches then we'd like to introduce you to frank, the low rate card from ME, the bank. Everything about frank is black and white, from the low 11.99% interest rate for both purchases and cash advances, to the 55 day interest free period and its $0 annual fee. It's also a multiple Mozo Experts Choice Award winner - in 2017 for best No Annual Fee Credit Card and in 2018 for best Low Rate Travel Credit Card.

Key features:

frank is just the sort of guy you want to carry around with you on a shopping spree. He's got a very generous 55 interest free days (as long as you pay your balance off in full by the payment date) and even if you do occasionally overspend and can't pay back purchases in full by month's end, the low 11.99% p.a. interest rate will mean that you're not putting all of your repayments towards interest.  

While you'll also only be charged 11.99% p.a. on cash advances, there is an additional cash advance fee of $4 or 2% of the cash advance rate which ever is greater. And while frank is generous with interest free days on purchases, be aware that with any cash advance you will start paying interest immediately.

frank comes chip enabled and so when you're out shopping in Australia you can Tap & Go with MasterCard payPass for purchases under $100. Frank also comes with good online security via MasterCard’s SecureCode and Zero Liability protection for extra peace of mind.

You can take frank with you overseas but keep in mind that any overseas purchases made in person or online will incur a  2.3% international transaction fee of the Australian dollar amount. 

frank doesn't like tardiness so if you are late or miss with a payment you will be hit with a $10 late payment fee. This can be easily avoided if you set up automatic repayments. 

Who it's good for:

frank won't cost you a cent to keep in your wallet so he is ideal for shoppers looking for a no frills credit card for everyday spending. 


Any catches?

If frank gets lost or stolen, there is a $20 emergency replacement card fee to have it couriered in Australia and a whopping $100 fee if you’re overseas.

Like all credit cards, the 55 day interest free period only applies if you pay your balance in full by the due date each month.


Details

Rates and fees information correct as at 20 September 2018.

Rates
  • 11.99% p.a.

  • none

  • No current offer

  • none

  • 11.99% p.a.

  • 55

Fees
  • $0.00

  • none

  • none

  • none

  • $10.00

  • 2%, Min $4.00

  • 2.30%

  • $5.00

  • $10.00

  • $0.00

Features
  • $10.00

  • 3.0

  • 8

  • none

Customer Reviews

How are ME credit cards rated by the Mozo community?

Overall customer rating
8.0/10

Based on 201 ME credit card reviews

Price
8.1/10
Features
5.9/10
Customer service
8.0/10
Convenience
7.4/10
Trust
8.3/10

Latest reviews of ME frank Credit Card

  • Overall
    9/10
    Competitive rates and great customer service!

    I dislike the interest rates, although they are very competitive they could certainly be reduced...

    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
    Features
    -
    Customer service
    -
    Convenience
    -
    Trust
    -

    Chloe | Victoria

    reviewed about 1 year ago

  • Overall
    9/10
    Competitive rates and fast friendly service

    Always helpful with queries, friendly and fast customer service.

    Always helpful with queries, friendly and fast customer service.

    Price
    9/10
    Features
    -
    Customer service
    -
    Convenience
    -
    Trust
    -

    Jade | Victoria

    reviewed over 1 year ago

  • Overall
    9/10
    Great rate and service is the best!

    ME are really great. Lowest credit card interest rate around and fees are also very low. Online...

    ME are really great. Lowest credit card interest rate around and fees are also very low. Online banking is super easy and the staff, if you ever need to call, are exemplary in customer service.

    Price
    10/10
    Features
    9/10
    Customer service
    8/10
    Convenience
    8/10
    Trust
    9/10

    Darren | Queensland

    reviewed almost 2 years ago

  • Overall
    0/10
    Suspicious & poor service

    Something dodgy going on here. I have a great credit history, plenty of cashflow, very small...

    Something dodgy going on here. I have a great credit history, plenty of cashflow, very small mortgage and was flat out declined. They refused to explain. Was just trying to avoid annual fees for a low spend credit card used for internet shopping. I suspect they are not interested in anyone who will pay off their balance each month. I'll stick with the big banks thanks and pay a small fee.

    Price
    0/10
    Features
    0/10
    Customer service
    0/10
    Convenience
    0/10
    Trust
    0/10

    Nick | Western Australia

    reviewed over 2 years ago

  • Overall
    8/10
    Excellent

    Excellent system, easy to understand. Customer service always to high standard.

    Excellent system, easy to understand. Customer service always to high standard.

    Price
    8/10
    Features
    8/10
    Customer service
    8/10
    Convenience
    8/10
    Trust
    8/10

    Nathan | Queensland

    reviewed over 2 years ago

ME

About ME

ME stands for a new kind of banking - one that's fairer, more transparent and is committed to great deals for its customers. ME was created by Australia's leading super funds and has award-winning home loans and term deposits, low-cost savings accounts, country-wide ATM access and banking experts that come to you at your convenience.

See ME credit cards