As Vartec said, SHOW GRANTS FOR CURRENT_USER is the way to go. I'm just adding this answer to show the output of that statement when you don't have full rights:
GRANT USAGE ON *.* TO 'myusername'@'%' IDENTIFIED BY PASSWORD '*8D4A4D198E31D6EA9D7997F7B29A2BCA254178B6'
GRANT SELECT, INSERT, UPDATE, DELETE, CREATE, DROP, REFERENCES, INDEX, ALTER, CREATE TEMPORARY TABLES, LOCK TABLES, CREATE ROUTINE ON `mydb1`.* TO 'myusername'@'%'
GRANT SELECT, INSERT, UPDATE, DELETE, CREATE, DROP, REFERENCES, INDEX, ALTER, CREATE TEMPORARY TABLES, LOCK TABLES, CREATE ROUTINE ON `mydb2`.* TO 'myusername'@'%'
GRANT SELECT, INSERT, UPDATE, DELETE, CREATE, DROP, REFERENCES, INDEX, ALTER, CREATE TEMPORARY TABLES, LOCK TABLES, CREATE ROUTINE ON `mydb3`.* TO 'myusername'@'%'