Rewards & Frequent Flyers
3 Credit CardsCredit Card
- Bonus Offer
- Points Per $
- Annual Fee
- Flyer Program
- Net Rewards
MyCard Premier
- Bonus Offer 150,000
MyCard Reward Points - Points Per $ 1 - 2
- Annual Fee $300
- Flyer Program Velocity
- Net Rewards $-
Breakdown of Yearly Net Value
Year 1: -$300$0
Signup Bonus$0 Point Earn$300
Annual FeeYear 2: -$300$0 Signup Bonus$0 Point Earn$300 Annual FeeTotal Net Value -$300Total Net Value -$300
MyCard Premier
- Priority Pass Lounge Access
- CashbackCashbackFrequent Flyer PointsFrequent Flyer PointsAirport Lounge Access2 Priority Pass airport lounge visits each year to over 1,900+ lounges worldwideTravel InsuranceDomestic & International Travel InsuranceShopping ProtectionPurchase ProtectionConcierge ServiceConcierge ServiceSmartphone Screen InsuranceSmartphone Screen InsuranceHotelLuxury Escapes up to 15% Discounts ($250 per booking) off Hotels Overseas and up to 10% off on Hotels within Australia or Overseas tours (up to $250 per booking). 10% off selected hotels on Expedia or Wotif.Mobile PayApple Pay, Samsung PayEntertainmentUp to $100 cashback on Uber Premier ride.
Purchase Interest Rate: 22.49% p.a.
Minimum Credit Limit: $10,000
Annual Fee: $300
Maximum Credit Limit: $100,000
Interest Free Days: 44 days
Additional Cardholders: Up to 4 additional cardholders at no extra cost
Cash Advance Rate: 22.99% p.a.
Minimum Repayment: Greater of $25 or 2% of the closing balance
Late Payment Fee: $30
Purchase Protection: Yes
Concierge Service: Yes
Smartphone Screen Insurance: Yes
Travel Insurance: Domestic & International Travel Insurance
Mobile Pay: Apple Pay, Samsung Pay
Airport Lounge: 2 Priority Pass airport lounge visits each year to over 1,900+ lounges worldwide
Entertainment: Up to $100 cashback on Uber Premier ride.
Hotel: Luxury Escapes up to 15% Discounts ($250 per booking) off Hotels Overseas and up to 10% off on Hotels within Australia or Overseas tours (up to $250 per booking). 10% off selected hotels on Expedia or Wotif.
Bonus Points Offer: 150,000 MyCard Reward Points . 120,000 Reward points when you spend $7,000 on eligible purchases within 90 days from approval and 30,000 Reward points when keep your card open for over 12 months.
Points Per $1 Spend: 1 MyCard Reward point on eligible domestic spend. 2 MyCard Reward points on all eligible transactions made online and international spend.
Point Earning Limit: Capped
Flyer Points Conversion Rate: 1 MyCard Reward point = 0.5 Velocity points.
Redeem Points: 10,500 MyCard reward points can get you a $50 gift card or 20,000 points for $50 cashback.
MyCard Premier Qantas
- Bonus Offer 100,000
Qantas Points - Points Per $ 0.5 - 1
- Annual Fee $350
- Flyer Program Qantas
- Net Rewards $-
Breakdown of Yearly Net Value
Year 1: -$350$0 Signup Bonus$0 Point Earn$350 Annual FeeYear 2: -$350$0 Signup Bonus$0 Point Earn$350 Annual FeeTotal Net Value -$350Total Net Value -$350
MyCard Premier Qantas
- Priority Pass Lounge Access
- Frequent Flyer PointsFrequent Flyer PointsAirport Lounge Access2 Priority Pass airport lounge visits each year to over 1,900+ lounges worldwideTravel InsuranceDomestic & International Travel InsuranceShopping ProtectionPurchase ProtectionSmartphone Screen InsuranceSmartphone Screen InsuranceHotelLuxury Escapes up to 15% Discounts ($250 per booking) off Hotels Overseas and up to 10% off on Hotels within Australia or Overseas tours (up to $250 per booking). 10% off selected hotels on Expedia or Wotif.Mobile PayApple Pay, Samsung Pay, Citi PayEntertainmentUp to $100 cashback on Uber Premier ride.
Purchase Interest Rate: 22.49% p.a.
Minimum Credit Limit: $10,000
Annual Fee: $350
Maximum Credit Limit: $100,000
Interest Free Days: 44 days
Additional Cardholders: Up to 4 additional cardholders at no extra cost
Cash Advance Rate: 22.99% p.a.
Minimum Repayment: Greater of $25 or 2% of the closing balance
Late Payment Fee: $30
Purchase Protection: Yes
Entertainment: Up to $100 cashback on Uber Premier ride.
Smartphone Screen Insurance: Yes
Travel Insurance: Domestic & International Travel Insurance
Mobile Pay: Apple Pay, Samsung Pay, Citi Pay
Airport Lounge: 2 Priority Pass airport lounge visits each year to over 1,900+ lounges worldwide
Hotel: Luxury Escapes up to 15% Discounts ($250 per booking) off Hotels Overseas and up to 10% off on Hotels within Australia or Overseas tours (up to $250 per booking). 10% off selected hotels on Expedia or Wotif.
Bonus Points Offer: 100,000 Qantas Points . 70,000 Qantas points when you spend $6,000 on eligible purchases in the first 90 days from approval. Then another 30,000 Qantas points when you keep the card open for over 12 months. Offer is not available when closing or transferring from another MyCard card or in conjunction with any other MyCard offer.
Points Per $1 Spend: 0.5 Qantas points on domestic eligible transactions. 1 Qantas point for online domestic transactions and on international purchases.
Point Earning Limit: Capped
Redeem Points: 5,700 Qantas points can fly you from Sydney to Gold Coast (one way) plus taxes, fees and carrier charges. 10,030 Qantas points can get you a $50 gift card.
MyCard Rewards
- Bonus Offer 100,000
MyCard Reward Points - Points Per $ 1
- Annual Fee $199
- Flyer Program Velocity
- Net Rewards $-
Breakdown of Yearly Net Value
Year 1: -$199$0 Signup Bonus$0 Point Earn$199 Annual FeeYear 2: -$199$0 Signup Bonus$0 Point Earn$199 Annual FeeTotal Net Value -$199Total Net Value -$199
MyCard Rewards
- Top 3 Purchase Rate Offers
- CashbackCashbackFrequent Flyer PointsFrequent Flyer PointsTravel InsuranceDomestic & International Travel InsuranceShopping ProtectionPurchase ProtectionConcierge ServiceConcierge ServiceSmartphone Screen InsuranceSmartphone Screen InsuranceHotelLuxury Escapes up to 15% Discounts ($250 per booking) off Hotels Overseas and up to 10% off on Hotels within Australia or Overseas tours (up to $250 per booking). 10% off selected hotels on Expedia or Wotif.Mobile PayApple Pay, Samsung Pay, Citi Pay
Purchase Interest Rate: 22.49% p.a.
Minimum Credit Limit: $2,000
Annual Fee: $199
Maximum Credit Limit: $100,000
Interest Free Days: 55 days
Additional Cardholders: Up to 4 additional cardholders for a $90 annual fee per card
Cash Advance Rate: 22.99% p.a.
Minimum Repayment: Greater of $25 or 2% of the closing balance
Late Payment Fee: $30
Purchase Protection: Yes
Concierge Service: Yes
Smartphone Screen Insurance: Yes
Travel Insurance: Domestic & International Travel Insurance
Mobile Pay: Apple Pay, Samsung Pay, Citi Pay
Hotel: Luxury Escapes up to 15% Discounts ($250 per booking) off Hotels Overseas and up to 10% off on Hotels within Australia or Overseas tours (up to $250 per booking). 10% off selected hotels on Expedia or Wotif.
Bonus Points Offer: 100,000 MyCard Reward Points when you spend $5,000 on eligible purchases within the first 90 days from approval. Offer is not available when closing or transferring from another MyCard card or in conjunction with any other MyCard offer.
Points Per $1 Spend: 1 MyCard Reward point on eligible domestic spend up to $10,000 per statement period. 1 MyCard Reward point on all eligible international spend.
Point Earning Limit: Partially Capped
Flyer Points Conversion Rate: 1 MyCard Reward point = 0.5 Velocity points.
Redeem Points: 10,500 MyCard reward points can get you a $50 gift card or 20,000 points for $50 cashback.
Low Rates / No Annual Fees
3 Credit CardsCredit Card
- Rate
- Rate Offer
- Annual Fee
- BT Offer
- Min Income
MyCard Clear
- Rate 14.99%
- Rate Offer -
- Annual Fee $149
- BT Offer 5.99% for 36 months
- Min Income -
MyCard Clear
- Shopping ProtectionPurchase ProtectionSmartphone Screen InsuranceSmartphone Screen InsuranceHotelLuxury Escapes up to 15% Discounts ($250 per booking) off Hotels Overseas and up to 10% off on Hotels within Australia or Overseas tours (up to $250 per booking). 10% off selected hotels on Expedia or Wotif.Mobile PayApple Pay, Samsung PayEntertainmentUp to $100 cashback on Uber Premier ride.
Purchase Interest Rate: 14.99% p.a.
Minimum Credit Limit: $2,000
Annual Fee: $149
Maximum Credit Limit: $100,000
Interest Free Days: 44 days
Additional Cardholders: Up to 4 additional cardholders at no extra cost
Cash Advance Rate: 22.24% p.a.
Minimum Repayment: Greater of $25 or 2% of the closing balance
Late Payment Fee: $30
Purchase Protection: Yes
Mobile Pay: Apple Pay, Samsung Pay
Smartphone Screen Insurance: Yes
Entertainment: Up to $100 cashback on Uber Premier ride.
Hotel: Luxury Escapes up to 15% Discounts ($250 per booking) off Hotels Overseas and up to 10% off on Hotels within Australia or Overseas tours (up to $250 per booking). 10% off selected hotels on Expedia or Wotif.
Balance Transfer Rate: 5.99% p.a. for 36 months
Max BT Amount: 80% of the credit limit
Balance Transfer Fee: 0%
Interest Free Days With BT: Yes
BT After Rate: 22.24% p.a.
BT After Rate: 22.24% p.a.
MyCard Rewards
- Rate 22.49%
- Rate Offer 0% for 15 months
- Annual Fee $199
- BT Offer 0% for 15 months
- Min Income -
MyCard Rewards
- Top 3 Purchase Rate Offers
- CashbackCashbackFrequent Flyer PointsFrequent Flyer PointsTravel InsuranceDomestic & International Travel InsuranceShopping ProtectionPurchase ProtectionConcierge ServiceConcierge ServiceSmartphone Screen InsuranceSmartphone Screen InsuranceHotelLuxury Escapes up to 15% Discounts ($250 per booking) off Hotels Overseas and up to 10% off on Hotels within Australia or Overseas tours (up to $250 per booking). 10% off selected hotels on Expedia or Wotif.Mobile PayApple Pay, Samsung Pay, Citi Pay
Purchase Interest Rate: 22.49% p.a.
Minimum Credit Limit: $2,000
Annual Fee: $199
Maximum Credit Limit: $100,000
Interest Free Days: 55 days
Additional Cardholders: Up to 4 additional cardholders for a $90 annual fee per card
Cash Advance Rate: 22.99% p.a.
Minimum Repayment: Greater of $25 or 2% of the closing balance
Late Payment Fee: $30
Purchase Protection: Yes
Concierge Service: Yes
Smartphone Screen Insurance: Yes
Travel Insurance: Domestic & International Travel Insurance
Mobile Pay: Apple Pay, Samsung Pay, Citi Pay
Hotel: Luxury Escapes up to 15% Discounts ($250 per booking) off Hotels Overseas and up to 10% off on Hotels within Australia or Overseas tours (up to $250 per booking). 10% off selected hotels on Expedia or Wotif.
Purchase Rate Promo: 0% p.a. for 15 months
BT After Rate: 22.49% p.a.
Balance Transfer Rate: 0% p.a. for 15 months
Max BT Amount: 80% of the credit limit
Balance Transfer Fee: 2%
Interest Free Days With BT: Yes
BT After Rate: 22.49% p.a.
MyCard Simplicity
- Rate 22.49%
- Rate Offer 0% for 6 months
- Annual Fee $0
- BT Offer 0% for 6 months
- Min Income -
MyCard Simplicity
- Shopping ProtectionPurchase ProtectionHotelLuxury Escapes up to 15% Discounts ($250 per booking) off Hotels Overseas and up to 10% off on Hotels within Australia (up to $250 per booking). 10% off selected hotels on Expedia or Wotif.Mobile PayApple Pay, Samsung Pay, Citi Pay
Purchase Interest Rate: 22.49% p.a.
Minimum Credit Limit: $2,000
Annual Fee: $0
Maximum Credit Limit: $100,000
Interest Free Days: 55 days
Additional Cardholders: Up to 4 additional cardholders at no extra cost
Cash Advance Rate: 22.99% p.a.
Minimum Repayment: Greater of $25 or 2% of the closing balance
Late Payment Fee: $0
Purchase Protection: Yes
Mobile Pay: Apple Pay, Samsung Pay, Citi Pay
Hotel: Luxury Escapes up to 15% Discounts ($250 per booking) off Hotels Overseas and up to 10% off on Hotels within Australia (up to $250 per booking). 10% off selected hotels on Expedia or Wotif.
Purchase Rate Promo: 0% p.a. for 6 months
BT After Rate: 22.99% p.a.
Balance Transfer Rate: 0% p.a. for 6 months
Max BT Amount: 80% of the credit limit
Balance Transfer Fee: 0%
Interest Free Days With BT: Yes
BT After Rate: 22.99% p.a.
MyCard Credit Cards Guide
How We Rank the MyCard Rewards Cards
At Kredmo, we use a data-driven Value Methodology to rank every card on this page:
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Sign-Up Bonus Impact: We analyze the true value of 100k+ bonus point or cash-back offers after meeting minimum spend. -
Points Weighted Earn Rate: We calculate the "dollar per points" value from from actual aveage Australian household spending splits (e.g., 35% Groceries, 15% Fuel, 20% Utilities) to show to best estimate what you could earn. -
Capped and Uncapped Points: We calculate the earn rate caps or "Tiered Earn Rates" for cards with both spending amount maximums and point earning maximums. -
Redeem Points Dollar Value: We calculate the dollar value from earned rewards points for reach rewards program for each redeem category cash back, gifts cards, domestic and international flights. -
Cost Efficiency: We factor in the cost of the annual fee so to evaluate whether your rewards earned outweigh the annual fee or not to reveal the Year 1 Net Profit. Ensuring your rewards are an asset, not an expense.
How Kredmo Calculates Your Net Rewards $ Value
At Kredmo, we believe transparency is the key to choosing the right credit card. Our Net Rewards $ Value is a data-driven estimate of the net Rewards financial benefit you could receive during your first year of card membership.
We use a specific three-step formula to convert complex bonus points or cashback offers into a clear dollar figure:
1Sign-Up Bonus Valuation: We convert the headline bonus points (e.g., 100,000 points) into a dollar value based on a conservative redemption average of 0.5 to 1.0 cents per point. This represents the standard "floor value" for redemptions like digital gift cards and cashback in the Australian market.- 2Annual Spend Projections: We calculate the points earned from your projected annual spending based on the card's specific earn rate (e.g., 1.25 points per $1 spent). We then convert
these points into their equivalent dollar value to show what your "monthly" spending is actually worth. - 3The 'Net Value' Deduction: To find the final figure, we subtract the first-year annual fee from the total sum of points and cash back expected to be earned. The resulting Rewards $ Value shown in our table represents your true "New Rewards $ Value"—in terms of Reward points and cash back of the value you receive after the card has paid for itself.Note: Our calculations assume you pay your statement balance in full each month. Because rewards credit cards carry high interest rates (often 20% p.a. or more), interest charges are not factored into this value as they would quickly negate the benefits earned.
Got Questions?
We've Got Answers
To be eligible to apply for a MyCard credit card you must meet these conditions:
● Age of 18 years and over
● Have at least a good credit rating (Experian scoring is 625+ and Equifax is 661+)
● Be a permanent resident or Australian citizen residing in Australia
Compare and select the right MyCard credit card for you on Kredmo which takes to you the MyCards’s website. Then complete the application form with MyCard and provide the following information:
● Your full name and contact details.
● Employment details, such as employment status, occupation and employer’s information. If self-employed provide your accountant’s name, accounting firm name and contact details.
● Gross Income and monthly expenses.
Citi rewards points do not expire as long as the account is open and is in good standing.
Typically, the credit card applications are assessed by the bank’s automated system. If your application has been declined and you feel that it should not have then you can contact MyCard and ask them to have your application manually reviewed by their Credit team.
When initiating a MyCard allows you to transfer your balance to either any Credit card, store card, personal loan or line of credit in Australia other than a MyCard card.
Yes, with MyCard Online or MyCard Mobile App you can check your credit card balance, make payments and transfers.
Multiple payment options are available. You can either up Easi pay or Autopay to make automatic payments each month or make payments on MyCard Online, BPAY, Cheque via Post or in store at Australia Post.
It should take approximately 10 minutes to complete the application.
The MyCard Simplicity credit cards is likely the easiest MyCard credit card to get as it has no annual fee and one of Citi’s lowest minimum credit limit cards of $2,000. The next easiest are the MyCard Clear and MyCard Rewards credit cards which also have a minimum credit limit of $2,000.
Trust!Why Trust
Why Trust
Kredmo?
-
80+ Cards Compared: We track over 20+ Australian providers to give you a full market view, not a filtered one. -
User-First Logic: Our rankings are built on data-driven “Value Methodology,” not whether we have a partnership with provider or not. -
Total Independence: We show you the best credit cards currently available in the Australian market and give you the tools to make the best decision for your unique financial journey. -
Licensed: We operate under ACL 518788.