Earn points on your everyday spend and turn them into rewards you love.
Annual fee: $199 p.a.
The fee will increase to $249 p.a. for applications started on or after 1 October 2026.
Minimum Credit Limit $2,000.
Purchase Rate 22.49% p.a.
Get Cashback or an Annual Fee credit
Everyday savings and effortless rewards. Take advantage of your MyCard Reward Points by converting them into Cashback or get a credit back on your Annual Fee on your eligible MyCard Rewards, Premier, Prestige or Platinum credit card.
Seamless redemption
Redeem directly and securely from the MyCard App or MyCard Online.
Real value, fast
Earn MyCard Reward Points and redeem them for Cashback.
Reduce your Annual Fee
Convert your MyCard Reward Points into a credit back on your Annual Fee.
How to redeem Cashback and Annual Fee credit
Instructions for the MyCard App or MyCard Online
- Log into your MyCard App or MyCard Online.
- Click on Redeem MyCard Reward Points to open MyCard Rewards Portal.
- On the top navigation bar select Cashback / Annual Fee credit.
- Select either Cashback or Annual Fee credit.
- Complete your redemption journey by following the prompts.
Please note: You will receive your credit in your MyCard credit card account within 5 business days.
Explore our rewards cards
MyCard Rewards
MyCard Premier
Elevate every moment with rewards and travel benefits.
Annual fee: $300 p.a.
Minimum Credit Limit $10,000.
Purchase Rate 22.49% p.a.
MyCard Prestige
Premium travel benefits with our highest points earning card.
Annual fee: $700 p.a.
Minimum Credit Limit $20,000.
Purchase Rate 22.49% p.a.
Other ways to redeem
FAQs
You will receive your Cashback or Annual Fee credit into your MyCard credit card account within 5 business days.