Flight value
$881 after fees
65,250 Velocity points, estimated value · 120,000 MyCard points · spend $7,000 in 90 days
Available
I'd like to use my bonus for:
65,250 Velocity points at 1.7¢ − $300 first-year fees. Flight value is an estimate, not cash. Assumes you earn the bonus and pay in full.
These terms are currently available (site published 12 Oct 2026).
What this calculation assumes
- You make the required purchases and the bonus is paid.
- You pay the balance in full — any interest changes the outcome.
- The required spend is ordinary planned spending, not extra cost.
- Gift-card rates are the recorded redemption catalogue, rechecked at renewal.
Did this help you make a decision?
Can I get this?
This is a public offer.
Can I get this bonus if I have held a card before?
The bonus holding rule for this offer is unverified. Check the offer terms before applying. No fixed waiting period. MyCard's terms say the bonus is "only available when you apply for a new" card and "not available when closing or transferring from another MyCard branded credit card account." Whether closing one MyCard and immediately applying for another qualifies isn't spelled out — confirm with MyCard.
See exclusion periods for every Australian issuer →What must I spend?
$7,000 within 90 days — about $2,333 per month. The terms on this page don't record when the clock starts or how long the bonus takes to arrive after you qualify — check the issuer terms for both.
Can I get the card?
$10,000 minimum credit limit — a lending commitment, not a reward fact.
No minimum income recorded — this does not mean there is none.
Lending approval is separate from bonus eligibility: approval gets you the card, the conditions above get you the bonus.
How long is this available?
No recorded end date — this does not mean it never ends. Availability is rechecked against the issuer page.
What else makes the card useful?
Reward use
Ways to turn points into value.
- Points Transfer Benefits Compare across cards →Earn 1.5 MyCard Reward Points per $1 on all other eligible domestic transactions and 2 per $1 on direct travel and international spend. Transfer MyCard Reward Points to loyalty partner programs including Flybuys and Velocity Frequent Flyer.
Check membership, transfer ratios, minimums, and fees before choosing gift cards or flights.
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Earn 1.5 MyCard Reward Points per $1 on all other eligible domestic transactions and 2 per $1 on direct travel and international spend. Transfer MyCard Reward Points to loyalty partner programs including Flybuys and Velocity Frequent Flyer.
No source recorded for this benefit.
Purchase protection
Cover on things you buy with the card. Limits, excesses, and activation conditions apply.
- Purchase Protection Insurance Compare across cards →Eligible items charged to the card covered against theft, accidental damage or permanent loss for 90 days from purchase; jewellery, watches and new works of art limited to $5,000 per claim, up to $200,000 per card account in any 12-month period; no excess
Check the cover period, the card-payment condition, claim limits, and excess.
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Eligible items charged to the card covered against theft, accidental damage or permanent loss for 90 days from purchase; jewellery, watches and new works of art limited to $5,000 per claim, up to $200,000 per card account in any 12-month period; no excess
- Extended Warranty Insurance Compare across cards →Extends the manufacturer's Australian warranty on eligible items charged to the card by up to one additional year (no cover if manufacturer's warranty exceeds 5 years); up to $10,000 per item and $40,000 per card account in any 12-month period; no excess
Check how much extra cover it adds, which warranty lengths qualify, limits, and excess.
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Extends the manufacturer's Australian warranty on eligible items charged to the card by up to one additional year (no cover if manufacturer's warranty exceeds 5 years); up to $10,000 per item and $40,000 per card account in any 12-month period; no excess
- Mobile Phone Insurance Compare across cards →Covers accidental damage or theft of an eligible postpaid mobile phone when the preceding month's postpaid bill is paid in full with the card; up to $1,000 per occurrence and $1,650 annual aggregate, $50 excess
Check the payment condition, limits, and excess.
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Covers accidental damage or theft of an eligible postpaid mobile phone when the preceding month's postpaid bill is paid in full with the card; up to $1,000 per occurrence and $1,650 annual aggregate, $50 excess
Travel
Travel cover and perks. Most need qualifying bookings or payment with the card.
- Lounge Access Compare across cards →2 visits/year · Priority Pass
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Complimentary digital Priority Pass Standard Membership for the primary cardholder with 2 complimentary lounge visits per 12-month membership year (1,700 lounges worldwide); must enrol at prioritypass.com/premieraumc; additional and guest visits charged at standard rates
No source recorded for this benefit.Learn more - Hotel Benefits Compare across cards →Up to 15% off eligible Luxury Escapes hotels and 10% off selected Expedia and Wotif hotels; max discount $250 per transaction on Luxury Escapes, promo codes apply
Check qualifying bookings and availability.
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Up to 15% off eligible Luxury Escapes hotels and 10% off selected Expedia and Wotif hotels; max discount $250 per transaction on Luxury Escapes, promo codes apply
No source recorded for this benefit.Learn more - Travel Insurance Compare across cards →Up to $20,000,000 cover · trips up to 180 days
Check the cover period, the activation condition, and who counts as an insured person.
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Complimentary international travel insurance for trips up to 6 months when at least $500 of prepaid travel costs are charged to the card (cardholders aged under 81), with overseas emergency medical and assistance cover up to $20 million; complimentary domestic travel insurance also available for trips up to 28 days
- Rental Vehicle Insurance Compare across cards →Rental vehicle excess insurance in Australia covering damage or theft excess up to $10,000 per rental period when the entire rental is charged to the card; $100 excess per claim
Check overseas rental excess separately from Australian cover, plus limits and activation for each.
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Rental vehicle excess insurance in Australia covering damage or theft excess up to $10,000 per rental period when the entire rental is charged to the card; $100 excess per claim
Account management
Tools for running the account — repayment helpers, not reward value.
- Concierge Service Compare across cards →Complimentary personal concierge service for the primary cardholder, provided by Mastercard Travel & Lifestyle Services
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Complimentary personal concierge service for the primary cardholder, provided by Mastercard Travel & Lifestyle Services
No source recorded for this benefit. - No Additional Cardholder Fee Compare across cards →No additional cardholder fee ($0); up to 4 additional cardholders per account
Check account liability and age or redemption restrictions.
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No additional cardholder fee ($0); up to 4 additional cardholders per account
No source recorded for this benefit. - Balance Transfer Offers Compare across cards →0% p.a. for 6 months on balance transfers (no fee), or 0% p.a. for 12 months on balance transfers with a 3% balance transfer fee depending on offer chosen; reverts to cash advance rate (currently 22.99% p.a.) after the promotional period
Check the rate, period, revert rate, and fees.
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0% p.a. for 6 months on balance transfers (no fee), or 0% p.a. for 12 months on balance transfers with a 3% balance transfer fee depending on offer chosen; reverts to cash advance rate (currently 22.99% p.a.) after the promotional period
No source recorded for this benefit.Learn more - Interest Free Periods Compare across cards →Up to 44 interest-free days on retail purchases
Interest-free terms change often — confirm the current days with the issuer before applying. This recorded term may be out of date.
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Up to 44 interest-free days on retail purchases
No source recorded for this benefit. - Installment Plans Compare across cards →MyCard Instalment Plan lets eligible cardholders pay off eligible purchases at a set interest rate over a set term using part of the existing credit limit
Check applicable charges and eligibility — a repayment plan, not reward value.
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MyCard Instalment Plan lets eligible cardholders pay off eligible purchases at a set interest rate over a set term using part of the existing credit limit
No source recorded for this benefit.
Should I keep it after the first year?
Renewal costs $300 each year ($300 annual fee) — first year was $300.
Second year pays 30,000 MyCard points if you still hold the card into year two. The recorded terms don't detail the exact second spend hurdle — check the issuer terms before counting on it.
Ongoing earn: 1.50x MyCard points per $1.
Keeping pays off only if you meet the second-year conditions and use the points and benefits enough to cover $300/yr.
Year-two points aren't dollar-valued here: the redemption catalogue may change before renewal, so recheck the rate then.
Ordinary earn: 1.5 MyCard Reward Points per $1 on all other eligible domestic transactions; 2 per $1 on eligible direct travel and international transactions. Uncapped.
Terms and evidence
Full current terms
Offer terms
First Year Points
120,000 points
MyCard
Second Year Points
30,000 points
With $300 annual fee
Minimum Spend
$7,000
within 90 days (about 3 months)
Cash Bonus
Ongoing Earn Rate
1.50x points per $1 spent
Fees
First Year Annual Fee
$300
Ongoing Annual Fee
$300
From year 2 onwards
Purchase Interest Rate
22.49% p.a.
The value above assumes you pay in full and never pay this. Any interest changes the outcome.
Note: Additional fees may apply for cash advances, foreign transactions, overlimits, and late payments. Check the issuer's terms and conditions for complete fee details.
Benefit history (14 changes)
- Points Transfer BenefitsUpdated Oct 2026
- Lounge AccessUpdated May 2026
Was 2 visits/year · Priority Pass (1,700+ lounges worldwide) → now 2 visits/year · Priority Pass.
- Hotel BenefitsUpdated May 2026
- Points Transfer BenefitsUpdated May 2026
- Installment PlansUpdated May 2026
- Interest Free PeriodsUpdated May 2026
- Balance Transfer OffersUpdated May 2026
- No Additional Cardholder FeeUpdated May 2026
- Concierge ServiceUpdated May 2026
- Rental Vehicle InsuranceUpdated May 2026
- Extended Warranty InsuranceUpdated May 2026
- Purchase Protection InsuranceUpdated May 2026
- Mobile Phone InsuranceUpdated May 2026
- Travel InsuranceUpdated May 2026
Now Up to $20,000,000 cover · trips up to 180 days.
Offer terms history
These are published versions of this offer's terms. Each version preserves the conditions available at that time.
Published 12 Oct 2026
Changes from terms version 4
Changes from terms version 3
Changes from terms version 2
Changes from terms version 1
First recorded terms
Captures behind the selected terms record — evidence for these terms, not a complete history of the named offer.
Discussion
About the current terms (published 12 Oct 2026).
Community and personal tools
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