Bank of Melbourne offers a range of bank accounts to suit a variety of customers, which you can see listed in the table above. Here's a brief snapshot of a few of the bank's most popular accounts.
The Complete Freedom Account comes with a linked Visa debit card, giving you easy access to your money, and no monthly account keeping fee. You can access all Bank of Melbourne, BankSA, St.Geroge and Westpac ATMs for free, as well as all CommBank, NAB and ANZ ATMs in Australia.
Read our full review of the Bank of Melbourne Complete Freedom Account.
This account encourages you to save by offering a bonus interest rate every month you don't make a withdrawal and make at least one deposit. It does not charge any ongoing account keeping fees, and does not have any minimum balance requirement.
Read our full review of the Bank of Melbourne Incentive Saver Account.
You can open a Bank of Melbourne Term Deposit and pick a length from 1 month to 5 years at a time. You'll earn a fixed interest rate for the length of the term, however you're unable to access your money until you reach the end of your term.
Read our full review of the Bank of Melbourne Term Deposit.
Bank of Melbourne offers many different ways to do your banking.
Bank of Melbourne has roughly 90 bank branches spread across Victoria. Customers can also go into one of more than 1000 Westpac branches for assistance with day-to-day banking, to deposit cash or cheques, to open or close accounts or to speak to a professional banker.
You can use all Bank of Melbourne, St.Geroge and BankSA ATMs for free, of which there are hundreds across the country. Bank of Melbourne is also part of the Westpac Group which includes around 3,000 Westpac ATMs around Australia, and 50,000 internationally as part of Westpac's Global ATM Alliance. You can also use your Australian debit cards to withdraw cash for free at CommBank, NAB and ANZ ATMs throughout Australia.
If you need to deposit cash into your Bank of Melbourne account, you can do this at a participating Australia Post shop using Bank@Post. It's free to deposit cash into your account this way.
Customers can access Bank of Melbourne's Internet banking portal 24/7 to review transactions and balances, see more detailed transaction data, pay bills, transfer money between accounts and make BPAY payments. You can also view and download your statements and open new Bank of Melbourne accounts.
The Bank of Melbourne app is free to download, and has a 3.1 star rating in the App Store and a 3.7 star rating in the Google Play store. You can do your day-to-day digital banking using the app 24/7.
Bank of Melbourne offers Apple Pay, Google Pay and Samsung Pay to customers with a Bank of Melbourne debit or credit card. This means you can use your phone (or any compatible device, such as an Apple Watch) to make contactless payments for everyday items instead of using your physical debit card.
You can apply for a new Bank of Melbourne account online in less than 10 minutes. Just make sure you meet the eligibility criteria and have the necessary documents handy before you start your application.
If you haven't found what you're looking for yet, you can compare a wide range of additional savings accounts and bank accounts from other providers with Finder.
Australian seniors and pensioners have the chance to bank with ease through the Retirement Access Plus Transaction Bank Account from Bank of Melbourne.
The Bank of Melbourne Investment cash Account has no monthly fees. This account is a cash hub to help you manage your investments. Read our review and apply online.
For Australians with long-term savings goals, the Bank of Melbourne Incentive Saver Account is worth considering.
The Maxi Saver can put your savings on the fast track with its competitive starter bonus interest rate. Compare with other banks to find the one that accelerates your savings towards your financial goals.
Bank of Melbourne term deposits enable you to start saving without investing too much money. Compare with term deposits offered by other banks before deciding.
$0 account keeping fee and free Visa debit card. Enjoy unlimited access to the Westpac ATM network when you're overseas.
Can I get a card please
Hi there, we’re a review and comparison site, you’ll need to contact Bank of Melbourne directly for customer service. You can reach them on 13 22 66.
how do I open an account on line?
Hi, you just need to complete the online application on the bank’s website. You’ll need to supply your personal details (name, address etc.) plus verify your identity.
Can Bank of Melbourne account holders use Westpac branches for over the counter transactions
Hi Bryan,
Unfortnightly you won’t be able to use Westpac branches for over the counter transactions. However you can use Westpac ATMs with Bank of Melbourne debit cards.
Thanks
Raj