Get a Freestyle virtual Mastercard® today

Start using your card in minutes, not days

Pay later with up to 55 days interest-free on purchases 6

Transfer money to friends
or your own bank account

Manage repayments, credit limits & more from theapp

Get credit back at over 1,400 participating stores when you pay with Freestyle


Minutes to apply, fast approval

Add your virtual card to

Shop or transfer your money
straight away

Our fees and charges


Up to $20,0005

Annual fee

Credit limit
Up to $3,000
$3,001 to $5,000
$5,001 to $20,000

Monthly fee

Balance under $20
Balance over $20

Interest-free period

Up to 55 days6

Interest rate

16.99% p.a.

*Other fees and charges may apply.

Download today

What our customers say
Credit card


Out of 2,701 reviews

Ready to

Like a credit card, but better: introducing Freestyle - The Virtual Credit Account

Freestyle is an instant virtual credit account up to $20,000 that exists solely in digital format. Gone are the days waiting for your credit card to arrive in the mail – with Freestyle, you can start using credit instantly once approved. Add your Freestyle card to your mobile wallet to Tap n Pay in-store or use the card details in your MoneyMe account to make online purchases. You can also make peer-to-peer transfers (coming soon) and send money to your bank account in just a few taps. Plus, Freestyle offers up to 55 days interest-free on purchases. With all of these cool features and more, Freestyle is the better way to access credit.

Tap n Pay in-store with Freestyle

Forget price tags, download the MoneyMe app and apply for a Freestyle Virtual Credit Account on the spot. Browse your favourite store while your credit is being approved. By the time you reach the counter your Freestyle virtual card could be approved. Then add to your mobile wallet to tap and go! Better than a credit card? We think so, too.

With interest-free payment terms offered on Freestyle purchases, you’ll pay nothing today, and nothing extra if you repay your borrowed credit within the interest-free period (up to 55 days). What a deal!

FAQs about Credit Card

How do credit cards work?

A credit card lets you borrow money from a bank or other lenders and use it for transactions and purchases without paying in cash. Also known as a revolving line of credit, with a credit card you are given a specific amount of funds or a credit limit that you can use anytime.

Just like how it is with loans or debts, you also have repayments in credit cards. The fees and charges will depend on which type of credit card you are applying for.

What are the different types of credit cards?

Different types of credit cards are designed for different financial needs, spending habits and repayment preferences. Find out which type suits you:

  • Low Rate. Low rate credit cards are designed for consumers who want flexible repayment options. This type of credit card is ideal for people who would like to have fast access to cash for everyday spending or those who make big purchases regularly. The interest rate is low, which makes it easier for you to pay off the balance over time.
  • Rewards. This type of credit card gives you a corresponding point for every dollar you spend. Some credit cards may give you special points for a certain purchase, such as extra points for using your card on affiliate stores, hotels or airfares. A rewards credit card is suitable for consumers who are looking to get returns such as cashback or vouchers.
  • Travel. Also termed as “frequent flyer”, this type of credit card allows the cardholder to redeem points for international or domestic flights for every dollar spent. You can then use the air miles or points you earned for perks such as free travel, gift cards or receive elite status on hotels or any travel-related expenditures.

Where can I use a credit card?

As there are different types of credit cards, consumers apply for a credit card for various reasons as well. For starters, people may get a credit card because they prefer the safety of cashless payments over carrying a huge amount of hard cash for transactions. It also allows consumers to delay a large payment and settle it into smaller repayments.

You may use your credit card to get rebates for one-time big transactions or small, regular purchases. If your credit card is new, you may be given an initial bonus for spending a certain amount and use the cashback for future purchases. Some other common uses of credit cards are to earn rewards points and frequent-flyer miles.

How does the interest-free period work?

With the Freestyle Virtual Mastercard®, you enjoy up to 55 days interest-free on all purchases as long as you repay your balance in full on a fortnightly or monthly basis. Your interest-free period is based on the eligibility criteria, and other fees and charges may still apply.

What's the difference between Visa and Mastercard?

Visa and Mastercard do not issue credit cards or determine the associated fees and charges like banks and other financial services do. They are the digital payment platforms that provide the system that makes a transaction possible.

One difference between the two is the perks and benefit programs they offer. The other one is exclusivity: some banks and financial institutions arrange only one payment platform—either Visa or Mastercard—for all the cards they are issuing.

Am I eligible to apply for a credit card?

In order to apply for a Freestyle Virtual Mastercard, you will need to be at least 18 years old, an Australian citizen or a resident, and have a regular source of income.

Can I get a credit card with a poor credit score?

Here at MoneyMe, we see the whole picture when a customer applies for a credit card. Your credit score may be one of the most important factors, but we also consider your income, financial commitments and general living expenses to come up with a fair decision.

How do I apply for a credit card?

You can apply for a credit card online, over the phone or by visiting the physical branch of your prospective lender. As our process is entirely online with no face-to-face interactions, if you would like to apply for a Freestyle card you may click here—the application process is streamlined and only takes a few minutes. You may also apply via the MoneyMe app available on App Store and Google Play.

How can I manage my credit card account?

You can manage your Freestyle account via the Member’s Area or by simply logging in to the MoneyMe app. With 24/7 access to your account, you may view your transaction history, manage your credit limit, check your account status, and more.

Can I pay anyone using my card?

Yes. Apart from transferring funds to your personal bank account, Freestyle comes with a pay anyone feature that lets you send money straight to your friend’s or anyone’s account.

What is a credit limit?

A credit limit is the amount that your lender will let you borrow. Banks and online lenders like MoneyMe determine your credit limit on various factors such as your income, financial commitments and living expenses.

How do credit card companies determine a credit limit?

Banks and other credit card companies determine a consumer’s credit limit based on their ability to repay their credit limit. To arrive at a fair and accurate decision, lenders will have to assess your credit history and credit score. Aside from these, you need to provide your annual or monthly income, employment status and credit rating as measures to your creditworthiness and how likely you are going to complete your repayments.

This means that there’s a high probability of getting a higher credit limit and lower interest rates the higher your annual income and credit score is. On the other hand, lenders may less likely approve your credit card application if you have an average or below-average income and credit score.

How can I increase my credit limit?

Just like when applying for a credit card, you have to meet your lender’s eligibility criteria for your request for a credit limit increase to be approved. First, you must have a good repayment history on your credit card. You should also be able to make repayments on time and you shouldn’t be exceeding your current credit limit.

What are the costs associated with credit cards?

  • Annual Fees. Credit card companies charge an annual fee to keep your card active and open. Although not all issued credit cards have annual fees, generally cards that do charge annual fees offer better perks. It normally ranges from $0 up to $700 and is automatically charged by the credit card provider to your account.
  • Interest. Credit card interests or interest rates are a type of fee that is charged when you borrow money. It is normally charged directly to your credit card account on any purchases you make.
  • Late Fees. Credit card providers charge late payment fees when you fail to make the minimum repayment on your scheduled due date or if you’re the amount you paid is less than the minimum due.
  • Foreign Transaction Fees. There are credit card providers that charge an additional fee when you make transactions in a foreign country. At MoneyMe, we charge 2.99% foreign exchange rate plus the prevailing Mastercard exchange rate at the time you use the Freestyle card.
  • Overdue Fee. This type of fee is charged and payable each time your account is not up to date on a specific day of the month.
  • Monthly Fee. When you have a Freestyle account, the monthly fee is only charged if your balance is higher than $20.

What is a late payment fee?

A late payment fee is charged to your account if you fail to pay the minimum repayment amount stated in your agreement. If not paid by the due date, the charge may range from $0 to $35, depending on your card provider.

Can I pay off my credit card earlier?

Yes, you can pay off your credit card balance earlier without any early exit fees.

What happens when my credit card gets lost or stolen?

The Freestyle Virtual Mastercard® is nothing like the traditional plastic card issued by banks. Rather than having to keep in your wallet, Freestyle is digitally stored in your phone. If your device has been lost or stolen, you may notify us immediately on 1300 684 893 so we can suspend or cancel your card.

Can I use my credit card abroad?

At MoneyMe, we charge 2.99% foreign exchange rate plus the prevailing Mastercard exchange rate at the time you use the Freestyle card.

How can I make a complaint?

If you have a concern or simply not satisfied with our service or ability to resolve your issue, you may send us a complaint via or call us on 1300 408 656. We will review your complaint within 1 day and try to resolve it within the next business days.

Online payments made easy

Take advantage of the best deals online with your Freestyle Virtual Credit Account.

Freestyle can be used anywhere that offers Mastercard to make a credit card payment. Simply log in to your MoneyMe account and tap your virtual card to reveal your card number, expiry date and CCV for online purchases.

For an even faster checkout experience, you can select Freestyle as your payment method on any Freestyle retailer’s website and simply log in to your MoneyMe account to proceed with payment.

Send and receive money

Whether you’re splitting the dinner bill with friends or paying a colleague back for lunch, with a Freestyle Virtual Credit Account you can make peer-to-peer transfers (coming soon), straight from your mobile. All you need to do is punch in the mobile number of the person you’re sending money to and our tech does the rest to ensure they receive the payment. It’s as simple as that!

Plus, you can send money straight to your bank account in just a few taps by confirming the amount you wish to transfer. No questions asked.

How do I apply?

To be eligible for a Freestyle Virtual Credit Account you must be living in Australia, employed and 18 years or older. To apply in minutes, simply click ‘Apply now’ below and complete our easy online application. Once approved, your Freestyle virtual card will be set up and ready to use instantly – it’s that fast.

Credit Card up to $20,000 Approved Online | MoneyMe

Credit Card

MoneyMe offers customers fast online approvals and competitive interest rates for personal loans and our Freestyle Virtual Credit Account, which is like a Virtual Credit Card. More than a credit card, Freestyle is like a virtual credit card offering up to $20,000 that you can use to Tap n Pay, shop online and send money to anyone. Say bye to plastic: if you’re looking for a virtual credit card, Freestyle lives on the most important piece of hardware in your life – your smartphone.

Learn more

Credit Card

MoneyMe offers customers fast online approvals and competitive interest rates for personal loans and our Freestyle Virtual Credit Account, which is like a Virtual Credit Card. More than a credit card, Freestyle is like a virtual credit card offering up to $20,000 that you can use to Tap n Pay, shop online and send money to anyone. Say bye to plastic: if you’re looking for a virtual credit card, Freestyle lives on the most important piece of hardware in your life – your smartphone.

 As the go-to money lender for Gen Now, we use the best in financial technology to process our completely online application forms quickly and easily. No lengthy paperwork or being stuck on hold for an hour. Just quick loans processed fast. We don’t even have a physical branch! MoneyMe is the credit provider who offers you lightning fast access to more than credit cards and personal loans of up to $50,000, all from your mobile.

What is a credit card?

A credit card is a card offered by credit providers that gives you ongoing access to funds up to a limit. You may have heard of brands like Mastercard and American Express. You receive a plastic bank card that you can use to pay in store and for shopping online. You purchase whatever you want to purchase with it and repay the balance of your credit card to your credit provider over time.

 The funds on your credit card are offered at a percentage rate of interest. These rates vary between providers, as do interest free terms. MoneyMe offers Freestyle customers up to 55 days interest free on purchases, just like any other credit card. Freestyle also works just like any other credit card. However, unlike traditional, environmentally unfriendly plastic credit cards, it lives virtually on your phone. For virtual credit cards, you can use your phone to Tap n Pay in store and your credit card details to shop online or pay bills.

 Credit cards are a revolving line of credit. When you successfully apply for and receive a credit card then you can use the funds on that account up to the limit you have been approved for. Once you repay the outstanding balance, those funds become available to use again. On the other hand, a personal loan offers you a lump sum amount, usually debited directly into your account, and that balance is repayable each month with a fixed monthly payment.

 You can use our personal loan calculator to compare the costs of taking out a quick loan versus a credit card. Our personal loan repayment calculator will give you an idea of your monthly budget when you’re repaying one of our easy loans by incorporating personal loan interest rates directly into the monthly repayment and showing you a breakdown of principal loan repayments and interest paid. Remember, though, that cash loans are paid to you in full and are not revolving lines of credit. Once you have repaid part of the loan you will not be able to redraw on that loan amount in the same way that you can with a credit card.

How to get a credit card

To be eligible for a credit card you will need to have a good credit rating, be at least 18 years old and be currently employed. In addition to this credit card criteria, to be eligible for MoneyMe Freestyle you need to be an Australian resident as well.

 When it comes to credit checks, we understand if your credit rating isn’t as good as it could be. Life happens, or you may be too young to have a solid credit history. MoneyMe is slightly different to a lot of other credit providers in that we have our own in-house credit rating system that is considered alongside your standard credit file. Taking out small personal loans or short term loans can show us how reliable and trustworthy you are as a credit customer and may boost your MoneyMe rating. For every unsecured personal loan you successfully repay within the personal loan repayment terms, your credit rating at MoneyMe can improve.

 What does that mean for you as our credit customer? Well, we like offering rewards to good customers. On your next application for small loans or larger unsecured loans like our boat loan and car loan options, we may offer you lower fees, a more competitive interest rate and possibly higher credit funds to draw from.

How does credit card interest work?

Interest on a credit card like a Visa card is charged at an annual rate which is calculated and charged monthly to your credit card balance. If the interest on a credit card is 10% p.a then interest on a balance of $2000 will be charged monthly on pro rata of that 10% p.a. To calculate exactly how much interest you will pay each month, convert the annual interest rate into a decimal format by dividing by 100. Divide that decimal by 12 (representing the months in a year) and then multiply that by your balance (in this case $2000). Convert the monthly charge back into a percentage by multiplying it by 100. For a $2000 balance on your credit card, you will be charged 0.83% per month or $16.60.

 The higher the balance on your credit card, the more the interest fees will be each month. Using our 55 day interest free terms means that, like a credit card, if you repay the outstanding balance within our interest free period, then you’re not charged any interest on the credit funds at all. Like a credit card, you can use Freestyle throughout the month for all of your expenses – from groceries and petrol to concert tickets and flights – and repay the balance of your monthly expenses in full before the due date so you won’t be charged any interest on funds that you have used.

 If you’d rather not repay the balance in full then there will be a minimum monthly repayment required similar to minimum monthly repayments charged on our same day loans. The repayment that you make, however, is then automatically more credit funds you can draw on your credit card in the future. Our express loans are different. Even if you make additional payments on our cash loans online, that does not mean you have credit funds to draw on again.

 We don’t charge early pay out fees on our loans so if you do have one MoneyMe’s personal loans Australia and you’d rather switch to a credit card with a revolving line of credit, then you can pay out your balance on your same day cash loan and then apply for Freestyle if you’re looking for a credit card option.

How to use a credit card

If you’re applying for a credit card, then first thing you’ll want to know is how much can I borrow? This will be your upper most credit limit allowable and it will be determined by your current debt, your living expenses and your income. We believe in responsible lending so we will only approve applicants for a credit balance we believe they can comfortably repay. This commitment to our customers means that we can tailor your credit approval to your needs.

 You can use your credit for nearly everything you need to purchase or pay for. For some credit cards you can opt for a balance transfer which takes credit funds you own on another credit card and puts them towards your new credit balance. For example, if you have a credit card balance with one credit provider then you can apply for a higher limit to another provider and transfer the balance you currently owe to your new higher limit credit card offer you some additional funds and consolidating your debt to one account.

 Credit cards can be used to cover everyday expenses, helping you to set realistic and achievable living budgets. If your credit card is only approved for a certain amount, then you know that each month you absolutely cannot spend more than that amount. Once your income is paid to you, you can transfer the balance of your credit card from your cash account and your credit card is then repaid, ready to be used the following month.

 Alternatively, a credit card can be used for additional, emergency funds when you need them. Use your credit card to pay for repairs to your home or car. Pay for moving costs like the rental bond payment, cleaners and removalist services. We also offer bond loan options for renters moving to new homes that help to cover your upfront security deposits fast and renovation loans for homeowners who need some extra cash to make improvements or repairs in a hurry.

 Use your credit card to book your holiday and get early bird specials on flights, accommodation and travel insurance. You can pay for your entire holiday upfront and then repay the balance of it to your credit card with manageable repayments each month. If you are considering some travel, then we also have a travel loan option which offers you the same upfront funds to pay for your trip at competitive interest rates and manageable monthly repayment options.

 Pay for education costs like a new computer, textbooks and fees. For more education options, consider our student loans designed to help students pay for fees upfront and hassle free.

 MoneyMe Freestyle is the smarter option for people in the market for a credit card who want access to low rate credit with low fees and fast online approvals. Use your credit card like a cash advance and mini loan before pay day or keep it safe and secure for emergencies like rent assistance. Apply online now for access to fast credit, instant loans and no-nonsense application approvals.

5 Applications are subject to eligibility criteria including credit approval. Other terms and conditions may apply. 6If not repaid after 55 days, interest rate of 16.99% p.a. will apply.