Purchase rate
20.69% p.a.
Balance transfer rate
0% p.a. for 14 months and then 20.69% p.a.
Annual fees
$69 $0 in the first year
Interest free days on purchases

Mozo editorial review Myer Visa Card - last updated: 1 December 2020

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What's hot
  • Earn MYER one Shopping Credits
  • Low $69 annual fee
  • Both Apple and Android Pay
What's not
  • $20 late payment fee
Mozo snapshot

If you are looking for a rewards credit card that earns you shopping rewards, the Myer Visa Card is a top contender. It has a low $69 annual fee, which will be waived in the first year and if you're a big spender you'll be pleased to know that the Shopping Credits are uncapped and never expire. 

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Key features

The Myer Visa Credit card is linked to the MYER one rewards program. Every time you use your card you'll earn MYER one shopping credits. 3 Shopping credits for every $1 spent at Myer, up to 3 credits at Myer Affiliates and 1 MYER one Shopping Credit for every $1 spent elsewhere.

Unlike rewards schemes where you save up your points over time, with the Myer Visa Card every time you get 2000 points you will be sent a $20 Myer gift card to use in store and you can use both Apple and Google Pay in order to accrue those points.

The interest rate on purchases is 20.69% but you get one of the longest interest free periods around at 55 days. With this rewards card you will also enjoy the 0% balance transfer rate for a whopping 14 months before it reverts to the cash advance rate of 20.69% so get your debt sorted asap.

If using the card overseas or online there is a 3% foreign exchange margin of the Australia dollar amount on all transactions

Who is it good for

Loyal Myer customers.

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Any catches

There is a $20 late payment fee so be sure to automate your repayments.

Rewards program details

Rates and fees information correct as at 30 June 2022. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
What your points get you

Fly Sydney to London return


Fly Sydney to Melbourne one-way


$100 Giftcard

10,000 points

$100 Cash


Points earning

1 point per dollar on Visa, uncapped

Rewards scheme

Earn MYER one shopping credits. When you've earned $20 value you automatically receive a $20 Myer Gift Card.

Earn triple points when you use your Myer Visa at Myer.

Value of rewards points

Spend $10,000 (Visa)



How do we calculate these points?
How do we calculate the rewards?

To work out the "Rewards value minus fees" in our Rewards Revealer we:

  • calculate how many points you'd get each year,

  • figure out how many flights or gift cards or cashback credits you could get for those points,

  • work out what that's actually worth to you,

  • take off the annual fee you'd pay.

More details:

  • Our calculations are designed to help you compare the value of different rewards schemes. To do this, we've looked at earning a one-way Sydney-Melbourne flight excluding taxes and charges, a return Sydney-London flight excluding taxes and charges, a $100 shopping Gift Card and $100 cashback. Most cards will also offer other rewards, which may be worth more or less than the ones we've shown.

  • We have made no allowance for bonus points for using your card at specific merchants, introductory offers or special offers. We have not assigned any value to instant discounts, insurances, ticketing and concierge services or other such benefits.

  • Rewards value calculations do not take credit card interest into account. If you do not pay off your card each month you may be better off looking for a card based on interest rates than on the value of rewards.

  • In products that have more than one card, a different mix of spend between American Express / Visa / Mastercard will give different results. Mozo's Rewards Revealer lets you choose the mix based on the way you would use such a product, and gives you tailored results.

  • We assume flights purchased with airline points are 'classic' or 'reward' economy seats with restricted seat availability. 'Any seat' rewards will probably cost more.

  • To compare the value of flight rewards, we sample online retail flight prices once a quarter based on the average price on a Wednesday 3 months in advance but outside NSW school holidays. For domestic flights we take the lowest available fare from each flight on that day from Qantas Red e-deal, Virgin Australia Saver including baggage and Jetstar Starter including baggage. We calculate the average price excluding taxes and surcharges for each airline, and also the average across all airlines (which we use when rewards are travel agent vouchers). For international flights, we take the lowest available fares on that same Wednesday from each of Qantas, Emirates, Malaysian, Etihad, Singapore, Cathay Pacific and Thai, assuming a return flight 2 weeks later, calculate the average price before taxes and surcharges and use this as our assumed cost of a flight on any airline.

  • Shopping rewards are based on $100 gift cards from a major national department store.

  • We make every effort to ensure our calculations are correct and up to date but make no guarantees.


Rate and fee details


20.69% p.a.


0% p.a. for 14 months and then 20.69% p.a.


20.69% p.a.




$0 in the first year




3%, Min $5









$2.50 charged each month you have an interest free balance.

Payment options

Apple Pay, Google Pay

Other benefits

6 months interest free on Myer transactions over $250.

Customer Reviews

How are Myer credit cards rated by the Mozo community?

Customer service

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About Myer