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Bank of Melbourne Credit Cards

Bank of Melbourne offers competitive credit card features with up to 24 months on balance transfers, 0% on purchases, no annual fees, rewards and platinum benefits.

Bank of Melbourne credit cards are designed to suit a range of needs, with low rate and low fee cards that could help you save, rewards cards that earn points for your spending and platinum cards with perks such as complimentary insurance. Depending on when you apply, you could also enjoy an introductory 0% interest rate on balance transfers or purchases, or bonus points to boost your reward balance.

As well as offering credit cards for everyday spending, Bankwest provides business and corporate credit card options to help you manage your work finances. Use this guide to compare Bank of Melbourne credit cards and learn how you can apply for a Bank of Melbourne credit card from anywhere in Australia.

Bank of Melbourne Vertigo Platinum

0% p.a. for 24 months on balance transfers
with a one-time 1% balance transfer fee

Offer ends 18 April 2018

Eligibility criteria, terms and conditions, fees and charges apply

Bank of Melbourne Credit Card Offer

Bank of Melbourne offers a low rate balance transfer offer, a low ongoing purchase rate and complimentary insurance covers.

  • $99 p.a. annual fee.
  • 12.74% p.a. on purchases
  • 0.00% p.a. for 24 months with 1% BT fee on balance transfers
  • Cash advance rate of 21.49% p.a.
  • Up to 55 days interest free
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Comparison of Bank of Melbourne Credit Cards

Rates last updated December 12th, 2017
$
% p.a.
Name Product Balance transfer rate (p.a.) Purchase rate (p.a.) Bonus Points Annual fee Amount Saved Product Description
Bank of Melbourne Vertigo Platinum
0% p.a. for 24 months with 1% balance transfer fee
12.74% p.a.
$99 p.a.
Offers a long-term balance transfer, low ongoing purchase rate, complimentary travel insurance and access to a 24/7 personal concierge service.
Bank of Melbourne Vertigo Visa Credit Card
0% p.a. for 18 months with 1% balance transfer fee
13.24% p.a.
$0 p.a. annual fee for the first year ($55 p.a. thereafter)
Save with a $0 first year annual fee and a 0% p.a. for 18 months balance transfer offer. Plus, up to 55 days interest-free on purchases.
Bank of Melbourne Amplify Platinum
19.49% p.a.
60,000 bonus points
$99 p.a.
Receive 60,000 bonus Amplify or Qantas Points when you spend $3,000 within 90 days and earn up to 1.00 Amplify point per $1 spent.
Bank of Melbourne Amplify Signature
19.49% p.a.
90,000 bonus points
$279 p.a.
Receive 90,000 bonus Amplify or Qantas Points when you spend $5,000 within 90 days and earn up to 1.50 Amplify points per $1 spent.
Bank of Melbourne Amplify Card
0% p.a. for 18 months with 1% balance transfer fee
19.49% p.a.
$79 p.a.
Take advantage of a 0% p.a. for 18 months balance transfer offer, earn 1 Amplify point per $1 spent and get up to 55 days interest-free on purchases.
Bank of Melbourne No Annual Fee Card
0% p.a. for 12 months with 1% balance transfer fee
20.49% p.a.
$0 p.a.
Take advantage of a 0% p.a. for 12 months balance transfer, get up to 55 days interest-free on purchases and pay no annual fee for the life of the card.
Bank of Melbourne Corporate Mastercard
Experience a complete financial management system available online and the protection of complimentary insurances.
Bank of Melbourne Amplify Business Credit Card
0% p.a. for 12 months (reverts to 19.49% p.a.)
$0 p.a. annual fee for the first year ($89 p.a. thereafter)
Earn an uncapped 1 Amplify Rewards point per $1 spent in Australia and take advantage of 3 complimentary insurance covers.

Compare up to 4 providers

Types of credit cards from Bank of Melbourne

Bank of Melbourne offers credit cards that cater to different lifestyles, budgets and spending habits. If you're interested in saving on credit card costs, you could consider the range of Bank of Melbourne low rate and no annual fee credit cards. Have deeper pockets or want more credit card benefits? Then maybe the Bank of Melbourne Amplify Rewards or Amplify Qantas cards will suit your needs. Plus, if you run a business, you could enjoy the convenience of a credit card for you and your employees with either the Bank of Melbourne Business Amplify or Bank of Melbourne Corporate Card.

  • Low rate credit cards

Bank of Melbourne offers both a standard and a platinum version of it's low rate Vertigo Visa credit card. While both options offer a low variable interest rate for purchases, the Vertigo Platinum also comes with complimentary insurance covers, which can save you money and give you peace of mind.

Compare low rate credit cards here

  • No annual fee credit cards

The Bank of Melbourne No Annual Fee Credit Card is designed to give you the flexibility of a credit card without having to worry about paying a yearly fee for it. While no annual fee credit cards have a higher purchase rate than a low rate credit card, you still get interest-free days if you pay your statement in full each month. Keep an eye out for purchase rate promotions on a no annual fee credit card, this gives you access to both product types — no annual fee and low or interest free purchases, even if it is only for a limited period.
Compare no annual fee credit cards here

  • Rewards credit cards

Apply for a Bank of Melbourne Amplify credit card and be rewarded with Amplify Points per $1 spent, which you can redeem for a range of rewards including travel bookings, gift cards or frequent flyer points with Velocity, Singapore Airlines KrisFlyer or Malaysia Airlines Enrich. If you'd prefer to earn Qantas Frequent Flyer points with a Bank of Melbourne credit card, you can also opt-in to the Qantas Amplify program instead. Compare rewards credit cards by their annual fee, the earn rate and value-adding extras such as insurance.
Compere rewards credit cards here

The benefits of banking with Bank of Melbourne

Bank of Melbourne credit cards and services come with additional features that can make banking easier. Benefits include:

  • Westpac Group ATM access

You can use your Bank of Melbourne credit card for free at one of the hundreds of Bank of Melbourne ATMs throughout Victoria. Along with St.George and BankSA, Bank of Melbourne operates under the Westpac Group. If you’re away from home, you can still use St.George and BankSA ATMs free of charge as well — you don’t have to stay in Victoria to benefit from banking with the Bank of Melbourne.

  • Manage your account online

Register your Bank of Melbourne credit card for online banking so you can repay your account, make payments to accounts in Australia and overseas and view statements anywhere, anytime. As nice and friendly as the team at Bank of Melbourne are, there’s no need to go to a branch to handle most banking services. Internet banking lets you do everything from your smartphone, tablet or desktop device.

  • Birthday Bonus

The Birthday Bonus is a fun feature of the Bank of Melbourne Amplify Signature Visa Card. Get 10% of the total number of the points you’ve earned in the year as a bonus when it’s your birthday. This is Bank of Melbourne's way of saying 'Happy Birthday!'

  • Rewards program

Spend and be rewarded with Amplify points or opt for the Qantas Frequent Flyer Program instead. Upgrade to platinum and receive complimentary insurance covers and double points on international purchases, or get the highest earn rate uncapped with the Amplify Signature Card. This card also comes with a birthday bonus and two free airport lounge passes each year.

  • Introductory offers

If you're approved for any Bank of Melbourne credit card before 18 April 2018, you can enjoy 0% p.a. on any balance transfers made at the time of application.

  • Visa purchase power

Visa is one of the most widely recognised credit card logos in the world, making it easy to purchase in person, online, over the phone and overseas.

How to compare Bank of Melbourne credit cards

Before applying for a Bank of Melbourne credit card, you’ll need to ask yourself the following questions:

  • What are the interest rates? It is not unusual for the interest rate on a cash advance to be slightly higher than the purchase rate, but it should be competitive to what other banks are offering.
  • How much is the cash advance fee? With the Bank of Melbourne, and all banks in the Westpac group, you are not charged a fee when using an ATM in their network. Fees can incur if you use a different bank’s ATM or if you make withdrawals overseas using your Visa credit card.
  • What is the rewards program like? Make sure that the rewards program compliments your existing spending patterns. If you don’t fly with Qantas or shop with any of Bank of Melbourne’s partners, then you’ll find it difficult to earn enough rewards to offset the costs of the card.
  • What is the annual fee? If the value of the rewards you earn doesn’t counteract the annual fee, then you’re not using the card to its full potential.

How to apply for a Bank of Melbourne credit card

The online application should only take ten to fifteen minutes to complete and you will have a response from the Bank of Melbourne within a couple of minutes. You will need to provide information about the following to complete an online application for a Bank of Melbourne credit card.

Eligibility criteria

              • Personal information. You need to verify your identity if you want to apply for a Bank of Melbourne credit card. This can be done using your driver’s licence number. Your current address, contact details and date of birth also need to be entered to complete the application.
              • Financial information. Bank of Melbourne need to know about your income and your expenses. This includes information about your ongoing expenses like food, budget and rent, and any money you receive from income-generating assets, like shares or an investment property.
              • Other accounts. If you want to take advantage of a balance transfer offer from the Bank of Melbourne so you can save money on interest repayments. You will need to provide the account number, the amount you want to transfer and the name of the institution of the card you want to transfer from.

The Bank of Melbourne gives you flexibility in your credit card choices, both in the types offered and where you can use them. When making your comparisons, consider the benefit of combining one of Australia’s largest banking networks with that of a Visa credit card. To ensure you find the right fit for you, you'll need to compare a few options before making a decision.

Frequently asked questions

Have a look at the frequently asked questions if you have a query about Bank of Melbourne credit cards. If you still can’t find what you’re looking for, ask us a question using the form at the bottom of the page.

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Read more on this topic

NAB Premium Card - Exclusive Offer
NAB Premium Card - Exclusive Offer

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Annual fee

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St.George Vertigo Platinum - Online Offer
St.George Vertigo Platinum - Online Offer

Interest rate

12.74

Annual fee

99
Woolworths Everyday Platinum Credit Card
Woolworths Everyday Platinum Credit Card

Interest rate

19.99

Annual fee

49
Virgin Money Low Rate Credit Card
Virgin Money Low Rate Credit Card

Interest rate

11.99

Annual fee

49

Ask an Expert

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16 Responses

  1. Default Gravatar
    October 2, 2017

    require card that maximizes frequent flyer points & able to charge land tax ,
    council rates etc .
    with thanks

    • Staff
      JoanneOctober 3, 2017Staff

      Hi Nathan,

      Thanks for reaching out.
      Here is the page where you can compare frequent flyer credit cards and see which one would meet your needs or would be suitable for you. Once you have selected the ideal frequent flyer card for you it would be best that you reach out to the credit card company directly to verify information regarding the land tax and council rates concern.

      Cheers,
      Joanne

  2. Default Gravatar
    TiffyAugust 31, 2016

    When i balance transfer my credit card to bank of Melbourne can my partner and i make a joint application?

    • Staff
      AnndyAugust 31, 2016Staff

      Hi Tiffy,

      Thanks for your question.

      Yes, Bank of Melbourne allows for a balance transfer to a joint credit card account. However, the amount to be transferred should not be from any of the credit cards issued by the Westpac Group (BankSA, Bank of Melbourne, St.George). Please note that with a Bank of Melbourne’s joint credit card account, you will be given individual cards under one account.

      Cheers,
      Anndy

  3. Default Gravatar
    ReneApril 29, 2015

    I have applied for a credit card apparently was approved but in the wrong category so I will not accept what you sent me
    Barcode X
    Mr Rene

    • Staff
      JonathanApril 30, 2015Staff

      Hi Rene, thanks for your inquiry.

      Please note that finder.com.au is a comparison service and does not operate under the Bank of Melbourne. It would be best to refer to the contact details I have sent to your email for the Bank of Melbourne.

      Cheers,

      Jonathan

  4. Default Gravatar
    CharleneApril 10, 2015

    Does BoM charge a transfer fee on the amount being transferred from my existing credit card to a BoM interest free credit card. I’m looking at 18 or 20 months interest free card.

    Thank you
    Regards
    Charlene

    • Staff
      JonathanApril 10, 2015Staff

      Hi Charlene, thanks for your inquiry!

      There is no balance transfer fee applicable for Bank of Melbourne credit cards. To compare balance transfer cards please see the ‘Balance transfer rate’ column in the table provided on this page.

      Cheers,

      Jonathan

  5. Default Gravatar
    AlanFebruary 12, 2015

    I lodged an application for a credit card on Monday the
    9/2 Could you please advise the status of this card application
    Thanks

    • Staff
      JonathanFebruary 12, 2015Staff

      Hi Alan, thanks for your inquiry!

      Please note that finder.com.au is a comparison service and is not directly affiliated with the Bank of Melbourne. It would be best to contact the Bank of Melbourne directly to inquire about the status of your application.

      Cheers,

      Jonathan

  6. Default Gravatar
    nickJuly 14, 2014

    hi good day i got an default on my credit history which was 50 months ago..
    was wondering if i can still apply for an credit card??

    • Staff
      ShirleyJuly 15, 2014Staff

      Hi Nick,

      Thanks for your question.

      Generally a default appears on your credit history for a period of 5 years, which is about 60 months.

      It’s likely that the default is still on your credit history and so may hinder the chances of your application. You may want to wait another 10 months or so before applying.

      Cheers,
      Shirley

    • Default Gravatar
      DFebruary 15, 2015

      Hi there similar situation here I had a bankruptcy in Oct 2010 subsequently discharged in Oct 2013 so just wondering if I would be able to apply for a credit card in order to rebuild my credit file? Obviously avoiding any lenders that I had debts with previously.

      Most lenders here seem to require a ‘good’ credit rating but I’m wondering if any are more lenient/flexible or specialise in poor credit history etc as I earn a good income and assets, working in same job for 12 months. I’m aware I don’t have a Vedascore as I monitor it closely via subscription. Cheers

    • Staff
      JonathanFebruary 16, 2015Staff

      Hi D, thanks for your inquiry!

      In regards to bankruptcy/ defaults on credit files and applying for credit cards, the lending policies and requirements do vary from lender to lender. Having steady employment/ income and assets definitely helps the application process especially after bankruptcy. It would be best to contact the Bank of Melbourne or the respective lender at a local branch to discuss your options.

      I hope this helps.

      Cheers,

      Jonathan

  7. Default Gravatar
    steveApril 21, 2013

    what is the best card with no cap on points earned?

    • Staff
      JacobApril 22, 2013Staff

      Hi Steve. Thanks for your question. Please refer to this page for a comparison of credit cards with uncapped frequent flyer points earning. Jacob.

Credit Cards Comparison

Rates last updated December 12th, 2017
Name Product Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee Product Description
NAB Premium Card - Exclusive Offer
19.74% p.a.
0% p.a. for 25 months
$90 p.a.
Exclusive to finder.com.au, enjoy a no BT fee, 0% balance transfer offer for 25 months and seven complimentary insurance covers.
St.George Vertigo Platinum - Online Offer
12.74% p.a.
0% p.a. for 24 months
$0 p.a. annual fee for the first year ($99 p.a. thereafter)
Offers complimentary travel insurance, complimentary purchase insurance and access to a 24/7 personal concierge service.
Woolworths Everyday Platinum Credit Card
19.99% p.a.
0% p.a. for 14 months
$0 p.a. annual fee for the first year ($49 p.a. thereafter)
Receive a $50 eGift Card when you meet the offer criteria, a 0% p.a. for 14 month balance transfer offer and a $0 first year annual fee.
Virgin Australia Velocity Flyer Card - Bonus Points Offer
20.74% p.a.
0% p.a. for 18 months
$64 p.a. annual fee for the first year ($129 p.a. thereafter)
Earn up to 60,000 bonus Velocity Points in the first 3 months on eligible spend and enjoy a discounted annual fee of $64 for the first year.

Compare up to 4 providers

* The credit card offers compared on this page are chosen from a range of credit cards finder.com.au has access to track details from and is not representative of all the products available in the market. Products are displayed in no particular order or ranking. The use of terms 'Best' and 'Top' are not product ratings and are subject to our disclaimer. You should consider seeking independent financial advice and consider your own personal financial circumstances when comparing cards.

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