Everyday credit
Launching soon...

A modern credit card for a modern world

Get early access to our new credit card by signing up today

Need money now? Apply for our Personal Loan

Low rates starting from 9.20% p.a. (comparison rate from 10.58% p.a.* with money in your bank account in minutes. Learn more.

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Smart ways to pay

Tap to pay, shop online or transfer money.

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Interest-free terms

Up to 55 days interest-free on purchases.

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Use card straight away

Your digital card is ready to use instantly.

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Cash back rewards

Get cash back when you shop online at over 2,000 stores.

PL Loan Feature
How it works

Applying is easy

We’re 100% digital, which means applying is quick and easy. You could be using your new credit card within minutes of clicking “Apply”.


Apply online


Our easy online application takes just minutes.


Choose your credit limit


Pick a credit limit that suits you between $1,000 - $20,000.


Start spending instantly


Once approved, add the digital card to your mobile wallet and start using it straight away.

Pay your own way

Money at your fingertips with more ways to pay.

Quick Application

Tap n Pay

Add your digital card to your mobile wallet and use it anywhere Mastercard is accepted.

Fast Approval

Shop online

Use your digital card details to shop online. Log in to the MONEYME app to get them.

Great Rates

Transfer money

Use your credit to transfer money to other bank accounts.

Rates & pricing

Transparent and
simple pricing


Up to $20,0001

Annual fee
Fee Credit limit
$0 Up to $3,000
$49 $3,001 to $5,000
$149 $5,001 to $20,000
Monthly fee
$0 Balance under $20
$5 Balance over $20
Cash advance fee


Interest-free period

Up to 55 days2

Interest rate (variable):

A rate from 18.74% p.a. to 23.74% p.a (based on your credit score) applies thereafter3


*Other fees and charges may apply.

What our customers say

star star star star star

“Best Credit Card

This is very easy to use, customer service is excellent, and they’re always there to support you.”

William Kemp

Freestyle customer

star star star star star


Super easy sign up and quick approval, amazing support and overall just a great credit card. This is my first credit card and I looked around for years before choosing to get one so happy :)”

Beth Anderson

Freestyle customer

star star star star star

“A straight forward process, easy to set-up and use. Has a good app to track everything.”

Joel Goode

Freestyle customer

Ready to get started?

Start spending straight away once you're approved

Line of credit

Get approved for a MyOzMoney line of credit up to $15,000 in a matter of minutes. Our line of credit offers you access to a pre-approved credit limit which you can use as much or as little as you like. Once you have repaid your used credit funds then they instantly become available to use again. Unlike a credit card, there is no extra plastic in your wallet. When you need funds from your line of credit, simply arrange an instant cash transfer directly to your everyday bank account. Repayment options are flexible, our interest rates are fixed and highly competitive and our fees are low. Apply online today in as little as 5 minutes and get an outcome on the same day that you apply.

What is a line of credit?

A line of credit is a type of financing option in which a person has access to credit funds on a revolving basis. Rather than credit in the form of a personal loan that is paid out to an borrower in one lump sum and then repaid to the credit provider on a regular payment schedule, a line of credit offers constant access up to a specified approved amount which can be drawn down in increments, repaid in full or in part, and then drawn down again when more credit is needed. 

Think of it like quick loans when you need them. It’s access to instant small cash loans instantly on an already approved credit account that offers you flexible repayment options. Repaying your line of credit in full doesn’t come with early payout fees as you’d often find on an unsecured personal loan balance.

How do I calculate monthly interest on a line of credit?

The type of credit line you have applied and been approved for, like online loans or same day loans, will offer yearly interest rates for the credit funds you draw on. Understanding how to calculate the interest payable on your credit account is important. If you have taken out an unsecured car loan, then you will be able to understand what part of your regular repayment constitutes your principal loan amount (the amount you borrowed) and which part is the interest repayment.

Interest is calculated every month and your credit bill should show you what the amount payable is as well as which part of that payable amount is the interest payment. When you take out personal loans in Australia with a loan provider, you agree to a fixed repayment schedule in which your yearly interest is broken down into monthly amounts. This interest repayment is automatically calculated into your fixed repayment amount that you pay weekly, fortnightly or monthly, depending on your pay cycle and personal preference. 

A personal loan calculator can show you what the total amount of interest is payable over the length of your loan and give you an indication of the kind of repayment amount you will be looking at if you intend to apply for a loan. If you’re looking for a quick way to calculate your monthly interest on a line of credit or on small loans you have already taken out or plan to in the future, then you’ll need access to a calculator.

Is it hard to get a line of credit?

If you have a good credit history, are 18 years old or older, a resident of Australia and currently employed, then you automatically qualify for applying for our line of credit or short term loans from MyOzMoney. As a responsible moneylender, we also look at your living expenses and any other small loans, debts and bills that you may have before we approve our customers for additional credit products.

We service all of Australia online so you can apply for personal loans in Sydney, Melbourne and Brisbane all in one place, as well as our line of credit option.


What is a line of credit good for?

A line of credit is the fast cash loan option that offers you access to revolving amounts of credit when you need it rather than a complete lump sum of credit like unsecured loans paid into your bank account. It’s the more flexible alternative to small personal loans that you can choose to use or not, but you’ll know that funds are there if you need them. You can use a line of credit like a cash advance that offers you credit funds for covering expenses when you’re a little short, or when an unexpected expense arrives like car repairs, travel expenses or things you need for the study. 

You can use your line of credit for things like rent assistance when rent is due before your pay cycle or for covering your grocery bill, your utilities or for getting your hands on that perfect sale item you found for a great price available only for a limited time. If you’re planning a big interstate move from Perth to Adelaide, or a short stay in Brisbane to soak up some sun, use your line of credit for access to quick cash loans immediately and cover your expenses up front.

Apply for the MyOzMoney line of credit option online today and you could have access to up to $15,000 in credit the same day that you apply.

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Start spending straight away once you're approved