- No annual fee: $0 annual fee for life makes it an affordable everyday card.
- Simple to manage: Use the MyCard App to track spending, set payment alerts and make repayments with ease.
- Global acceptance: Use your card anywhere Mastercard is accepted, online or overseas.
- Digital wallet ready: Works seamlessly with Apple Pay, Google Pay and Samsung Pay.
- No complicated rewards: A straightforward card designed for clarity and control, not gimmicks or confusing point systems.
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MyCard Credit Cards
MyCard Simplicity
Updated 3 December 2025
Built for simplicity, the MyCard Simplicity Credit Card offers no annual fee, easy digital management and the reliability of Mastercard. It’s a great everyday option if you want credit that works without the unnecessary extras.
Terms and conditions apply.
Purchase Rate (p.a)
22.49%
Balance Transfer (p.a)
N/A
Annual Fee (p.a)
$0
Pros and cons
- Not a low-rate card — interest is standard at 22.49% p.a.
- No rewards, cashback or premium travel perks included.
- Foreign transactions attract a 3.5% fee.
Creditcard.com.au review
Editor Review
MyCard Simplicity
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.
Editor’s Review
Overall Rating
The MyCard Simplicity Credit Card lives up to its name — a simple, straightforward card that does exactly what it promises. With no annual fee and no confusing features to manage, it’s a solid choice for those who want credit that’s easy to understand and control.
It doesn’t try to compete with rewards or premium cards, and that’s its strength. Instead, it focuses on value through simplicity and accessibility. If you want a reliable card for everyday use or a backup card with no ongoing costs, this one ticks all the boxes.
What I Love About the MyCard Simplicity Credit Card
It’s genuinely simple: No points to track, no complex rewards schemes and no fine print surprises. Just a clean, easy-to-use card.
No annual fee — ever: You’ll never pay a yearly fee, which makes this one of the easiest cards to hold long-term without worrying about costs.
Smart digital management: The MyCard App gives you complete control over payments, transactions and alerts, right from your smartphone.
Perfect as a second card: It’s great as a backup for emergencies or for separating personal and business spending — with no extra cost to keep it active.
While it doesn’t earn rewards, it does come with exclusive discounts with travel partners like Luxury Escapes, Wotif and Expedia. It also comes with Purchase Protection Insurance and Extended Warranty Insurance, which help protect the life of your purchases and keep your spending secure.
What’s Not So Great
The MyCard Simplicity doesn’t come with rewards or travel perks, so if you’re looking to earn points or enjoy extras, you’ll need to explore rewards cards instead.
Its purchase rate of 22.49% p.a. is standard for a no-frills card, so you’ll get the most value if you pay off your balance in full each month. There’s also a 3.5% foreign transaction fee, which can add up if you frequently shop online with overseas retailers.
Who Suits the MyCard Simplicity Credit Card?
This card suits Australians who prefer practical, low-maintenance credit. It’s ideal for students, budget-conscious spenders, or anyone who wants access to credit without paying ongoing fees.
If you simply want a dependable, easy-to-manage card with clear terms and no annual fee, the MyCard Simplicity Credit Card fits the bill perfectly.
Verdict: MyCard Simplicity Credit Card
Best for: Everyday Aussies who want simple, no-fuss credit with no annual fee.
Why we like it: The MyCard Simplicity Credit Card strips credit back to the essentials — no annual fee, no confusing rewards programs and easy app-based management. It’s perfect as a first card or a secondary card for emergencies without extra costs.
Consider if: You want transparent, everyday credit without paying for unnecessary perks.
Not ideal for: Frequent travellers or rewards seekers who want to earn points or access premium benefits.
User reviews
Rates and fees
Interest rates
Purchase rate 22.49% p.a.
Cash advance rate 22.99% 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 $0 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 $0
Additional features
Complimentary insurance
International Travel Insurance No
Flight Inconvenience Insurance No
Transit Accident Insurance No
Smartphone Screen Insurance No
Purchase Protection Insurance No
Extended Warranty Insurance Yes
Rental Vehicle Excess In Australia Insurance No
Extras
Digital wallet compatibility
App management
Overview
MyCard Simplicity
The MyCard Simplicity Credit Card is designed to make managing your money easier. With no annual fee and simple, transparent features, it’s ideal for Aussies who want a card that’s straightforward, affordable and easy to control. You won’t find complicated rewards or premium extras here — just everyday credit that’s easy to use and simple to understand.
Key features
- Purchase rate: 22.49% p.a.
- Annual fee: $0
- Cash advance rate: 22.99% p.a.
- Interest-free period: Up to 44 days on purchases
- Minimum credit limit: $2,000
- Card type: Mastercard
- Additional cardholders: Up to 4 at no extra cost
- Accepted worldwide: Anywhere Mastercard is accepted
- Digital wallets: Apple Pay, Google Pay, Samsung Pay
- Online management: 24/7 access via the MyCard App
- Late payment fee: $0
- Foreign currency conversion fee: 3.5%
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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