Bank of Melbourne credit cards

Anyone can apply for a card from Bank of Melbourne and enjoy the benefits of their highly competitive interest rates and rewards.

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Updated 3 Sep 2024   |   Rates updated regularly

Comparing of 5 Bank of Melbourne credit cards

Bank of Melbourne Vertigo Visa

Apply by 30 November 2024

Bank of Melbourne Vertigo Visa

Balance transfer

28 months at 0.99% p.a.

Purchase rate

13.99% p.a. ongoing

Interest-free days

55 days

Annual fee

$55.00 p.a. ongoing

Highlights

  • Enjoy 0.99% for 28 months on Balance Transfers with no balance transfer fee. Reverts to cash advance rate of 21.99% p.a.
  • 13.99% p.a. low variable interest rate on purchases.
  • Low annual fee of $55 p.a.

Pros

  • 0.99% p.a. for 28 months on balance transfers with no balance transfer fee.
  • 13.99% p.a. low variable interest rate on purchases.
  • Low annual fee of $55 p.a.

Cons

  • Balance transfer rate reverts to 21.99% p.a. after 28 months.
  • There is no rewards program for this card.
Bank of Melbourne Amplify Platinum Credit Card (Qantas)

Balance transfer

N/A

Purchase rate

20.99% p.a. ongoing

Interest-free days

55 days

Annual fee

$99.00 for 1st year

Highlights

  • Up to 50,000 bonus Qantas Points earned upon spending $3,000 on eligible purchases within 90 days from card approval. Exclusions apply.
  • Pay an annual fee of $99 for the first year ($124 thereafter).
  • Earn 0.5 points per $1 spent (uncapped).

Pros

  • The 50,000 bonus Qantas Points.
  • Discounted annual fee on the first year.
  • Complimentary travel and purchase insurance.

Cons

  • Points earning rate of 0.5 points is lower than others.
Bank of Melbourne Amplify Platinum Credit Card (Amplify)

Balance transfer

N/A

Purchase rate

20.99% p.a. ongoing

Interest-free days

55 days

Annual fee

$49.00 for 1st year

Highlights

  • Earn 100,000 bonus Amplify Points upon spending $3,000 on eligible purchases within 90 days from card approval, potentially valued at up to $450 in eGift cards. Exclusions apply.
  • Enjoy a discounted annual fee of $49 p.a. for the first year ($124 p.a. annual fee thereafter).
  • Earn 1 point for every $1 spent on eligible purchases.

Pros

  • The 100,000 bonus Amplify Points.
  • Earn uncapped Amplify Points per dollar on eligible purchases.
  • Comes with complimentary insurance (terms, conditions, exclusions, and eligibility criteria apply).
  • Compatible with Apple Pay, Google Pay, and Samsung Pay.

Cons

  • There is promotional balance transfer offer at the moment.
Bank of Melbourne Amplify Signature Credit Card (Amplify)

Apply by 30 November 2024

Bank of Melbourne Amplify Signature Credit Card (Amplify)

Balance transfer

N/A

Purchase rate

20.99% p.a. ongoing

Interest-free days

55 days

Annual fee

$199.00 for 1st year

Highlights

  • Receive up to 150,000 bonus Amplify Points when you apply by 30 November 2024, get approved, and spend $12,000 on eligible purchases within the first 12 months of card approval. Terms and Conditions apply.
  • Discounted first-year annual fee of $199.
  • Includes complimentary overseas travel insurance for up to 6 months

Pros

  • The 150,000 bonus Amplify Rewards Points.
  • Enjoy 2 complimentary Priority Pass lounge visits each year when you enroll in Priority Pass.
  • Discounted first-year annual fee of $199.
  • Includes complimentary overseas travel insurance for up to 6 months

Cons

  • There is no promotional balance transfer offer at the moment.
  • After the initial year, the annual fee reverts to $295 p.a.
Bank of Melbourne Amplify Signature Credit Card (Qantas)

Apply by 30 November 2024

Bank of Melbourne Amplify Signature Credit Card (Qantas)

Balance transfer

N/A

Purchase rate

20.99% p.a. ongoing

Interest-free days

55 days

Annual fee

$295.00 p.a. ongoing

Highlights

  • Receive up to 80,000 bonus Qantas Points upon spending $6,000 on eligible purchases within 90 days from card approval. Exclusions apply.
  • Earn 0.75 Qantas points per $1 spent on eligible transactions.
  • Benefit from complimentary overseas travel insurance for up to 6 months.

Pros

  • The 80,000 bonus Qantas Points.
  • Enjoy 2 Qantas lounge passes every year.
  • Includes complimentary overseas travel insurance for up to 6 months

Cons

  • The annual fee of $295 p.a.

More about Bank of Melbourne credit cards

Find out about fees and interest rates charged, as well as rewards and eligibility.

  • FAQs

What is the most popular Bank of Melbourne credit card?

Based on our data, The Vertigo Credit Card has been the most popular credit card from the Bank of Melbourne for some time.

Does the Bank of Melbourne offer credit cards with an introductory balance transfer offer?

Yes. The Bank of Melbourne has some competitive balance transfer options available. They generally combine zero interest for a long period of time.

Does the Bank of Melbourne offer credit cards for businesses?

Yes, a business can apply for a credit card with the Bank of Melbourne.

Does the Bank of Melbourne offer any credit cards with cashback rewards?

No. The Bank of Melbourne does not offer a cashback credit card. Occasionally they run a promotional offer with a cash lump sum, which is paid after spending a certain amount.

Is there a low interest rate credit card available from the Bank of Melbourne?

You can get a credit card with a low interest rate from the Bank of Melbourne. However, there are usually credit cards with a lower interest rate available (or one with no interest at all).

Does the Bank of Melbourne offer frequent flyer credit cards?

Yes. Frequent flyer credit cards are available from the Bank of Melbourne that can earn points into Qantas Frequent Flyer.

Does the Bank of Melbourne have credit cards with rewards points?

Yes. The Bank of Melbourne offers credit cards that earn points with its rewards program, Amplify Rewards.

What can Bank of Melbourne Amplify Rewards rewards points be used for?

Amplify points can be redeemed for gift cards, merchandise, and travel.

What rewards programs can be linked with the Bank of Melbourne?

It is possible to earn points directly into Qantas Frequent Flyer with the right Bank of Melbourne card.

What partners can points be transferred to from the Bank of Melbourne Amplify Rewards program?

Amplify Rewards points can be transferred to Air New Zealand Airpoints, Cathay Pacific Asia Miles, Qatar Airways Privilege Club, Singapore Airlines KrisFlyer, and Velocity Frequent Flyer.

How can a credit card from the Bank of Melbourne be managed?

Bank of Melbourne credit card customers can manage their accounts via their app, telephone, or in one of their local branches.

Can Bank of Melbourne credit cards be used with a digital wallet?

You can add a Bank of Melbourne credit card to Apple Pay, Google Pay, or Samsung Pay digital wallets.

Is it possible to have more than one Bank of Melbourne credit card?

Yes. It is possible to have more than one Bank of Melbourne credit card open at the same time.

Are instalment plans available for a Bank of Melbourne credit card?

Yes. The Bank of Melbourne does offer instalment plans for their credit cards. Terms and conditions apply as to what transactions can be moved onto an instalment plan.

Who can apply for a credit card from the Bank of Melbourne?

The Bank of Melbourne requires applicants to be at least 18 years old and earning $25,000 or more (varies depending on the card). Citizens and permanent residents can apply, so long as there is no bad credit history.

What documents are required when applying for a Bank of Melbourne credit card?

An Australian driver's licence number is needed when applying for a Bank of Melbourne credit card. They also need details of your income, expenses, and debts, as well as proof of income.

How long does it take for the Bank of Melbourne to process an application?

The Bank of Melbourne will give you an instant decision within 60 seconds of your application being submitted. It takes around 2 days for an application to be fully processed. Your card will arrive several days after.

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