$0 Annual Fee
11.99% p.a. Variable Interest Rate
Accessible Minimum Credit Limit of $1,000
1.5% International Transaction Fee
0.8% Mastercard Cross-border Fee
No attached rewards program
|Category||Low Rate Credit Cards and No Annual Fee Credit Cards|
|Minimum Credit Limit||$1,000|
|Additional Cardholder Fee||$0 p.a.|
|Rates & Fees|
|Purchase Rate||11.99% p.a.|
|Cash Advance Fee||2%|
|Late Payment Fee||$10|
|Annual Fee||$0 p.a.|
|Foreign Transaction Fee||1.5%|
|Overseas ATM Withdrawal Fee||$0|
|Interest Free Period||55 days|
|Cash Advance Rate||11.99% p.a.|
I am very happy with this credit card. Being a pensioner I need a card with no annual fee and a low spending limit, just to be used for emergencies.
Great zero annual fee option
I have probably had this card for at least 10 years - maybe longer. One of the lowest interest rates around and always has been from my experience. You may even get a lower rate than currently advertised as they have a deal currently with HostPlus Super.
Website is decent and I have always used my online account to contact the bank through the messaging service. They always reply very promptly.
A little expensive to use overseas but other cards that can provide better rates have an annual fee and higher interest rate. This point is certainly no...
Mebank Frank credit card review
No annual fees,
One of the lowest interest rates on market at 11.99%
Trying to access your statement is always a hassle,
Paying for your balance is always troublesome, I made the mistake of not jotting down the biller code and reference number - big mistake, every time I have to google for the biller code, and access the statement to find the customer reference at the letterhead section of the statement, while accessing to the statement takes a couple minutes, the whole process is too much burdensome I ended up closing the accou...
- Verified customer
Why aren't you with these guys? seriously good
I believe that Me Bank is put together by Australian Super Funds, one of the lowest interest rates! The only downside is that it can take a couple of business days before transactions are visible on internet banking.
Needs improvement with their credit card transaction on the mobile app
At first I was very thrilled to have no annual fee and low rate credit card which is good for some people that does not want to pay for annual fee but the very disappointing part is after you made a purchase, the transaction on the mobile app doesn't appear and it would take 3-4 days before you can see it. It is bad for ME Bank Frank Credit card holders as it is important for most people to keep on track and what transactions you've made as you may forget or if there is suspicious transactions already made by bad people these days. I wish I did...not cancel my ANZ low rate credit card. At least with other banks, they show the credit card transactions you've made regardless if it's still pending. Also, when you made a BPAY payment it takes 3-4 days before you can see the payment was received by ME Bank on the mobile app. Me Bank is still very slow and if they wanna compete with big banks and invite good customers then they should really make an effort to start doing some improvement for the best. ME Bank please improve this because it is part of the customer service and it would help the review rating to go up.
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