- Competitive purchase rate: 14.99% p.a. places it among lower-rate cards for everyday spending.
- Practical extras: Includes features like purchase cover insurance and mobile phone insurance.
- No reward-points tracking: If you don’t want to manage points, this card keeps it simple and transparent.
- Additional cardholder friendly: Up to 4 extra cardholders at no extra charge, making it useful for families and shared use.
- Good digital support: Compatible with mobile wallets and online/app based account management.
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MyCard Credit Cards
MyCard Clear
Updated 3 December 2025
If you’re after a credit card that keeps things clear — no complex rewards program, just good value, practical extras and a level playing field — the MyCard Clear Credit Card might be worth a look.
Terms and conditions apply.
Purchase Rate (p.a)
14.99%
Balance Transfer (p.a)
N/A
Annual Fee (p.a)
$149
Pros and cons
- The annual fee ($149 p.a.) is higher than many low-fee cards, so the value depends on using the extras.
- No traditional rewards program or frequent-flyer points.
- The foreign currency fee (3.5%) may be higher than premium travel cards for overseas spending.
- Carries standard credit card interest if you carry a balance, so you still need to pay in full each month to get maximum value.
Creditcard.com.au review
Editor Review
MyCard Clear
Pauline Hatch
Pauline is a personal finance expert at CreditCard.com.au, with 9 years in money, budgeting and property reporting under her belt. Ask Pauline a Question about this card.
Overall Rating
The MyCard Clear Credit Card strikes a smart balance. It’s not ultra-premium, but it delivers solid value for everyday use, with a competitive ongoing rate, sensible extras and clear terms. If you pay your balance in full and make good use of the added features, it could perform well, especially given its low interest rate.
However, as with all cards, the value depends on how you use it — the annual fee means it may not be ideal if you rarely use the card or don’t benefit from the extras.
What I love about the MyCard Clear Credit Card
Strong value proposition: A good ongoing purchase rate combined with practical benefits means this card is built for smart everyday use rather than flashy perks.
Useable extras: Insurance features, mobile wallet compatibility and free additional cardholders are helpful inclusions.
Clear focus: No reward points scheme to worry about — you know what you’re getting and what it costs.
What’s not so great
There are no frequent-flyer points, cashback incentives or luxury benefits. Basically, if you’re after travel perks you’d need a different card. Also, if you don’t utilise the extra features or carry a balance, the $149 annual fee may outweigh the benefits.
The foreign currency fee and standard interest rate for carried balances mean this card is best suited for those paying in full each month and staying close to home or occasional overseas travel.
Who suits the MyCard Clear Credit Card?
This card suits Aussies who want a solid, no-nonsense credit card for everyday spending, without the complexity of points programs. It’s ideal for frequent spenders who pay in full each month, families or shared card users (given the additional cardholder benefit) and people who want a reliable card with clear value rather than premium travel perks.
If you use your credit card regularly and will benefit from the extras, the MyCard Clear Credit Card is worth a look.
Verdict: MyCard Clear Credit Card
Best for: Everyday Australians who want competitive rates, practical features and clear value without chasing points.
Why we like it: The MyCard Clear Credit Card offers a smart mix of a competitive purchase rate, usable extras and straightforward terms, making it a solid alternative to premium cards for regular spenders who pay in full.
Consider if: You spend regularly, pay your balance each month and will benefit from the extra features like insurances and mobile wallet support.
Not ideal for: Rewards or travel-points hunters looking for flights, lounge access or premium perks, as this card doesn’t focus on those.
User reviews
Rates and fees
Interest rates
Purchase rate 14.99% p.a.
Cash advance rate 22.24% p.a.
Interest free period on purchases up to 44 days
Credit limits
Minimum credit limit $2000
Maximum credit limit $100,000
Fees & repayments
Annual fee $149 p.a.
Additional cardholder fee Up to 4 – $0 p.a. each
Foreign transaction fee 3.5%
Minimum repayment
Cash advance fee 3.5% or $3.50 (whichever is greater)
Late payment fee $30
Additional features
Complimentary insurance
International Travel Insurance No
Flight Inconvenience Insurance No
Transit Accident Insurance No
Smartphone Screen Insurance Yes
Purchase Protection Insurance Yes
Extended Warranty Insurance Yes
Rental Vehicle Excess In Australia Insurance No
Extras
Mobile wallet compatibility
Instalment Plans
Overview
MyCard Clear
The MyCard Clear Credit Card is built for value-focused Australians who prefer a clear, straightforward card with practical benefits. It blends a competitive rate with sensible features like up to 44 interest-free days and smart extras — ideal if you want everyday credit without the complexity of points or premium travel perks.
Key features
- Purchase rate: 14.99% p.a. (ongoing retail)
- Annual fee: $149 p.a.
- Cash advance rate: 22.24% p.a.
- Interest-free days: Up to 44 days on purchases when paid in full
- Minimum credit limit: $2,000
- Card type: Mastercard
- Additional cardholders: Up to 4 additional cardholders at no extra fee
- Digital wallets: Supports Apple Pay, Google Pay, Samsung Pay
- Extras: Practical insurances like purchase protection and mobile phone cover
- Foreign currency fee: 3.5% (on overseas/foreign-currency transactions)
- Accepted globally: Yes — anywhere the network is accepted
- Late payment fee: $30 (or applicable minimum)
Minimum criteria to apply for this card
You have your personal details ready to complete the online application
Pauline is a personal finance expert at CreditCard.com.au, with 9 years in money, budgeting and property reporting under her belt. Pauline is passionate about seeing Aussies win by making their money – and their credit cards – work smarter, harder and bigger
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