MONEYME launches new cashback credit card

We’re changing the way Australians think about credit card rewards. MONEYME is proud to launch our new Cashback Rewards Credit Card, challenging traditional airline rewards cards by turning everyday spending into effortless, automatic cashback.

The card was developed in response to research we commissioned with YouGov, which found that Australians are increasingly frustrated with points-based reward cards. Of the 1,020 Australian credit card holders surveyed in February 2026, 85% said they would switch to a cashback credit card.

Earn 1% cashback on everyday purchases

Rewards shouldn’t be reserved for high-ticket purchases. With our new cashback credit card, you’ll earn 1% cashback on daily essentials like transport, groceries, and your daily coffee, up to a maximum of 1% of your credit limit each month.

For example, if your credit limit is $20,000, you can earn up to $200 cashback per month, which is credited straight to your account when you make your minimum monthly repayment on time.

Cashback without the hoops

Our research showed 58% of Aussies find redeeming reward points harder than they should be. We’ve built this card to be the opposite of that.

With MONEYME’s new cashback card, you get the cashback credited straight into your credit card every month. What’s more, there are no expiry dates to track in your calendar so there’s no need to worry that you’ll miss out. Simply tap in-store or pay online with your card and you’ll receive your cashback automatically at the end of the month.

Clayton Howes, CEO and Founder of MONEYME, says the research highlights a broader change in how Australians evaluate credit card rewards.

“The survey results show that people are struggling to see the value of points-based rewards programs and want to understand what they’re getting back today with their credit card, not just what might accumulate over time. If consumers can’t easily translate rewards into dollar terms, the value starts to feel distant and theoretical rather than real.”

He adds that transparency and simplicity have always been central to MONEYME’s approach.

“People are far more deliberate about how they assess rewards programs. For us, that feedback has been consistent. Our broader strategy has always been to remove complexity from borrowing, and a transparent cashback credit card is a natural extension of that philosophy.”

Perks you can actually use

69% of respondents said rewards points don’t reflect their lifestyle. Our card is designed around the things that matter to you, not an idealised version of your spending.

The MONEYME Cashback Rewards Credit Card comes with built-in cover that works in the background for your peace of mind:

Mobile phone insurance up to $1,500 annually

Purchase protection up to $750 annually, including accidental damage and theft

Event ticket cover up to $1,200 annually.

44 interest-free days

So you get more out of the MONEYME card, we offer up to 44 interest-free days on everyday purchases with no hidden fees or surprises. Just a card that rewards you for spending on everyday items. We value transparency and offer the same to our customers.

Ready to use the moment you’re approved

Once your application is approved, your card is available instantly and ready to add to your digital wallet.

Access a credit limit of up to $20,000 in as little as 60 minutes. Or in some cases, customers will have the option to accept an express limit of $2,000 in just 5 minutes.

If you’re switching from another card, Clayton’s advice is straightforward: “Make sure you redeem any outstanding rewards before making the move, and check for expiry rules before closing the account. The goal is to move to a structure that better suits your spending and lifestyle — without losing value in the process.”

More rewards by linking to other reward programs

You can link our Cashback Rewards Credit Card with other cashback platforms, giving you access to even more cashback across participating retailers.

Everything in one place

37% of Aussies we surveyed admit they can’t work out what their points balance is actually worth. With our cashback card, there’s nothing to decode or keep track of. Your cashback balance is displayed simply in dollars on your account.

Manage your card from the MONEYME app. See your repayments, cashback balance, and real-time alerts all in one place, so you’re always across your finances without the fussy admin.

It’s finance that’s clear, fair, and built around how you actually live. 

Ready to earn cashback on everyday spending?

Check your rate and credit limit before you apply. Get an obligation-free quote and see if you’re eligible without impacting your credit score.

This article is for general information purposes only and does not constitute financial advice. Consider your own financial circumstances and seek independent advice before making decisions about credit products. Credit criteria, fees, charges, terms and conditions apply. Research commissioned by MONEYME and conducted by YouGov, surveying 1,020 Australian credit card holders aged 18 and over in February 2026. MONEYME Financial Group Pty Ltd, Australian credit licence 442218.