Credit Card

The MONEYME Credit Card offers flexible spending with transparent rates and no hidden fees.

### Eligibility Criteria

✓ **Age:** 18 years or older

✓ **Residency:** Australian citizen or permanent resident

✓ **Income:** Minimum $25,000 per year

✓ **Bank Account:** Active Australian bank account

✓ **Credit History:** Reasonable credit history required

### Card Features

**Credit Limit:** $1,000 - $15,000

**Interest Rate:** 19.9% p.a. on purchases

**Cash Advance Rate:** 21.9% p.a.

**Annual Fee:** $0

**Late Payment Fee:** $15

**Interest-Free Days:** Up to 55 days on purchases (when you pay balance in full)

### How Your Credit Limit is Determined

Your credit limit is based on:

- Your income and expenses

- Your credit history and score

- Your existing debts and commitments

- Responsible lending assessment

**Income Brackets:**

- $25k - $40k income → Up to $3,000 limit

- $40k - $60k income → Up to $7,000 limit

- $60k - $100k income → Up to $12,000 limit

- $100k+ income → Up to $15,000 limit

*These are guidelines only. Final limit depends on individual assessment.*

### What's NOT Available

❌ Balance transfers

❌ Rewards or frequent flyer points

❌ Supplementary cards

❌ International travel insurance

### Common Questions

**Q: How do I avoid paying interest?**

A: Pay your full balance by the due date each month to get up to 55 interest-free days.

**Q: Can I increase my credit limit later?**

A: Yes, after 6 months of good payment history, you can request a limit increase.

**Q: What's the minimum repayment?**

A: 2% of closing balance or $10, whichever is greater.