Existing cardholders: Find out what you need to know about the move to MyCard including important information about managing your account and helpful FAQs.
New applications: Applications for new MyCard credit cards are coming soon.
What is MyCard Ready Credit?
MyCard Ready Credit is an account that allows you to access funds when you need them. Existing customers can borrow from $5,000 to $75,000.
What can I use MyCard Ready Credit for?
MyCard Ready Credit is very flexible and can be used for a range of purposes to suit your lifestyle, for example:
- Buying a Car
- Holiday expenses such as flights and accommodation
- Home renovations
- A milestone celebration
- Unexpected expenses such as a vet or medical bill
How do I make my repayments?
If you’re an existing customer, it’s important to ensure your minimum payments are made on time, each month.
- Autopay (Direct Debit)
- Australia Post
- BPAY
Learn more about how to make MyCard Ready Credit repayments on our paying your MyCard account page.
Rates and fees
Here are the standard rates and some of the fees that apply to MyCard Ready Credit.
| Fee type | MyCard Ready Credit |
|---|---|
Annual Percentage Rate (APR) | MyCard Ready Credit 22.49% p.a. |
| Establishment fee | MyCard Ready Credit up to $249 |
| Cash advance fee | MyCard Ready Credit $0 |
| Early pay out fee | MyCard Ready Credit $0 |
| Additional repayment fee | MyCard Ready Credit $0 |
| Minimum loan amount | MyCard Ready Credit $5,000 |
| Maximum loan amount | MyCard Ready Credit $75,000 |
Things you should know
Important information
Fees and charges
Read our App and Online Terms of Use. Read our Credit Card Terms and Conditions and Other Important information for more information on MyCard Ready Credit. Please refer to credit card fees and charges for more information on fees. Fees and charges are subject to change, correct as at today.