Bank of Melbourne credit cards

Bank of Melbourne is part of the Westpac Group. It has branches throughout Victoria, although any Australian can get an account. Bank of Melbourne has multiple credit cards, including a low rate card and cards that let you earn Qantas Rewards points or Amplify Rewards points. Most cards have a 0% balance transfer offer for 24 months or more.

Bank of Melbourne credit cards comparison

Name	Purchase rate p.a.	Bonus points	Points per $ spent	Interest-free period	Balance transfer rate p.a.	Annual fee
Bank of Melbourne Vertigo Card	Purchase rate p.a. 13.99%	Bonus points N/A	Points per $ spent N/A	Interest-free period Up to 55 days on purchases	Balance transfer rate p.a. 0% for 28 months with 1% balance transfer fee, then 21.49%	Annual fee $55	More Info Compare	Save with a 0% interest rate on balance transfers for the first 28 months (with a one-time a 1% balance transfer fee).
Bank of Melbourne Amplify Platinum Amplify Rewards	Purchase rate p.a. 19.49%	Bonus points 100,000	Points per $ spent 1	Interest-free period Up to 55 days on purchases	Balance transfer rate p.a. 0% for 24 months with 1% balance transfer fee, then 21.49%	Annual fee $49 first year ($124 after)	More Info Compare	Get 100,000 bonus Amplify Points (worth $450 in gift cards) when you spend $3,000 in the first 90 days and a first-year annual fee discount.
Bank of Melbourne Amplify Signature Amplify Rewards	Purchase rate p.a. 19.49%	Bonus points 150,000	Points per $ spent 1.5	Interest-free period Up to 55 days on purchases	Balance transfer rate p.a. 0% for 24 months with 1% balance transfer fee, then 21.49%	Annual fee $199 first year ($295 after)	More Info Compare	Earn 150,000 bonus Amplify Points when you spend $12,000 in the first 12 months. Plus, a reduced first-year annual fee.
Bank of Melbourne Amplify Qantas Platinum Qantas Frequent Flyer	Purchase rate p.a. 19.49%	Bonus points 70,000	Points per $ spent 0.5	Interest-free period Up to 55 days on purchases	Balance transfer rate p.a. 0% for 24 months with 1% balance transfer fee, then 21.49%	Annual fee $174 first year ($199 after)	More Info Compare	Get up to 70,000 bonus Qantas Points (60k points when you spend $3,000 within the first 90 days and 10k after the first spend in year 2).
Bank of Melbourne Amplify Qantas Signature Qantas Frequent Flyer	Purchase rate p.a. 19.49%	Bonus points 90,000	Points per $ spent 0.75	Interest-free period Up to 55 days on purchases	Balance transfer rate p.a. 0% for 24 months with 1% balance transfer fee, then 21.49%	Annual fee $370	More Info Compare	Receive 90,000 bonus Qantas Points when you spend $6,000 in 90 days. Plus, a 0% balance transfer offer.
Bank of Melbourne No Annual Fee Card	Purchase rate p.a. 20.74%	Bonus points N/A	Points per $ spent N/A	Interest-free period Up to 55 days on purchases	Balance transfer rate p.a. N/A	Annual fee $0	More Info Compare	Save with an ongoing $0 annual fee. Plus, a minimum credit limit of $500.
Bank of Melbourne Corporate Mastercard	Purchase rate p.a. 0%	Bonus points N/A	Points per $ spent N/A	Interest-free period Up to 35 days on purchases	Balance transfer rate p.a. N/A	Annual fee	More Info Compare	Experience a complete financial management system available online and the protection of complimentary insurances.
Bank of Melbourne Amplify Business Credit Card Amplify Rewards / Qantas Frequent Flyer	Purchase rate p.a. 19.49%	Bonus points N/A	Points per $ spent 1	Interest-free period Up to 55 days on purchases	Balance transfer rate p.a. N/A	Annual fee $0 first year ($89 after)	More Info Compare	Get a $0 annual fee in the first year and earn uncapped Amplify Points or Qantas Points on business purchases.
Bank of Melbourne Vertigo Card - Cashback Offer	Purchase rate p.a. 13.99%	Bonus points N/A	Points per $ spent N/A	Interest-free period Up to 55 days on purchases	Balance transfer rate p.a. 6.99% for 12 months, then 21.49%	Annual fee $55	More Info Compare	Offers up to $400 cashback when you shop at any eligible supermarket. Plus, a competitive purchase interest rate.

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Types of credit cards from Bank of Melbourne

• Bank of Melbourne low rate credit cards

The Bank of Melbourne Vertigo credit card offers a low variable interest rate on purchases and a relatively low annual fee that is competitive with other low rate credit cards. These features can help you save money if you don't pay your credit card in full every month.

• Bank of Melbourne 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. As with most no annual fee credit cards, this card has a higher interest rate for purchases than a low rate credit card. But you can get interest-free days on purchases if you pay your monthly payment balance as listed on your statement by the due date.

• Bank of Melbourne rewards credit cards

With a Bank of Melbourne Amplify credit card, you'll earn Amplify Points per $1 spent. Amplify is the rewards program for St.George, Bank of Melbourne and BankSA.

You can redeem your points for gift cards, retail items or travel rewards. You can also transfer your Amplify Points to Velocity Frequent Flyer or Singapore Airlines KrisFlyer.

• Bank of Melbourne frequent flyer credit cards

Bank of Melbourne offers two credit cards that earn Qantas Points per $1 spent: the Bank of Melbourne Amplify Platinum Qantas and the Bank of Melbourne Amplify Signature Qantas.

With one of these cards, you'll need to choose the Amplify Qantas option and include your Qantas Frequent Flyer details when you apply. If you already have an Amplify credit card, you can switch to Amplify Qantas by calling the Bank of Melbourne Amplify Rewards centre on 1300 600 266.

Balance transfer offers with Bank of Melbourne credit cards

If you want to pay off an existing credit card balance with a bank other than Bank of Melbourne, St.George or BankSA, moving it to a Bank of Melbourne credit card with an introductory low or 0% balance transfer rate can help you save on interest and pay off the debt faster.

At the end of the introductory period, any remaining balance from the transfer will attract the card's variable cash advance rate. As this rate can be high, you'll get the most value from a balance transfer offer if you can pay it off during the introductory period.

Notify Bank of Melbourne that you want to do a balance transfer when you apply for a card.

Benefits of getting a Bank of Melbourne credit card

Some of the features and services you can look forward to with a Bank of Melbourne credit card include:

• My Offers Hub

A personal Bank of Melbourne card gives you access to discounts and offers with brands such as Myer, Priceline and THE ICONIC through the My Offers Hub. To see the latest deals, you just have to log in to your mobile or Internet bank account and go to the "My offers and benefits" section. You can also opt-in to get emailed offers by updating your marketing preferences via Internet banking.

• Instalment plans

Bank of Melbourne offers 0% interest instalment plans via a program called Plan&Pay. You can pay off any new purchases over $200 over 3, 6 or 12 months.

While there's no interest for these instalment plans, you'll pay an upfront fee of 1% for a 3-month plan, 2% for 6-month plans and 4% for 12-month plans.

• Bank of Melbourne Amplify Signature – Birthday Bonus Points

The Birthday Bonus is a feature of the Bank of Melbourne Amplify Signature Credit Card and gives you an additional 10% of the points you’ve earned per $1 spent in the previous 12 months. Note that this bonus does not factor in any other bonus points you may have earned in that time.

• Security

Bank of Melbourne credit cards come with 24/7 fraud monitoring and support services to help keep your account safe. The Bank of Melbourne Fraud Money Back Guarantee also means you won't have to cover the cost of fraudulent transactions if they're made on your credit card. Plus, you can put a temporary lock on your card for up to 15 days through mobile or Internet banking.

Eligibility criteria

If you want to apply for a Bank of Melbourne credit card, there are a few eligibility criteria you'll need to meet so you can get started. Each card has slightly different requirements but will include:

• Australian residency status. You must be an Australian permanent resident or citizen. Further conditions may apply if you want to get a credit card as a permanent resident.
• Age. You must be at least 18 years of age.

How long does it take to apply?

You can apply for a Bank of Melbourne credit card online in around 10 minutes if you already have an account with the bank, or 20 minutes if you're a new customer. If you need more time while you're filling in the application, you can also save it and finish it any time within 30 days from when you started it.

You can also apply by visiting a Bank of Melbourne branch or by calling 13 22 66.

Information and documents you need to apply

• Personal information. This includes your full name, date of birth, residential address, email address and contact number. You also need to provide a valid form of ID, such as your driver's licence, Medicare card, passport or Australian birth certificate.
• Employment information. Provide details of your current employment circumstances, such as your role, salary and your employer's name and contact details.
• Other financial information. This includes any other form of income you receive, as well as assets such as savings or investments. You'll also need to provide details of any debts or existing credit card accounts, as well as ongoing expenses such as rent, bills and groceries.

Credit card details

During the application, you'll be asked about the details of your new Bank of Melbourne credit card. The 2 key details to look at are the following:

• Credit limit. If you have a credit limit in mind for the credit card, you can include a request for that amount as part of the application. Just keep in mind that this is subject to Bank of Melbourne's lending criteria and assessment, so in some cases, the actual limit you get could be lower than the one you requested.
• Balance transfer details. If you want to take advantage of a balance transfer offer on a Bank of Melbourne credit card, you will need to provide details of the existing debt, including the account number, the financial institution and the amount you want to transfer.

What happens after you apply?

You'll get a response within 60 seconds of submitting your application online, and someone from Bank of Melbourne will contact you by email, phone or text message if any more details are needed.

If you're approved, you'll get your new credit card in the mail and can activate it through Internet or mobile banking.

Credit card brands similar to Bank of Melbourne

If you want a credit card from a regional bank or a large bank that's not one of the Big Four in Australia, here are 3 other credit card providers you could compare with Bank of Melbourne:

• St.George credit cards
• Bendigo Bank credit cards
• Bankwest credit cards

Frequently asked questions

• What do I do if my Bank of Melbourne credit card is lost or stolen?

  Call Bank of Melbourne to report the card as lost or stolen as soon as possible.

  • If you’re calling from within Australia: 1800 772 266
  • If you’re calling from overseas: +61 3 8536 7870

  Alternatively, you can temporarily lock your Bank of Melbourne credit card through Internet or mobile banking by going to "Services", choosing the card you want to lock and selecting the "Lock card" option. You can place a lock on your card for up to 15 days. You can also unlock it by using these steps or report it as lost or stolen by calling 1800 772 266.

• How can I change my credit limit on my Bank of Melbourne credit card?

  If you want a lower credit limit, you can request a credit limit decrease at any time through Internet or mobile banking, or by calling 1300 784 934 and saying "decrease credit limit". Your request will be applied to the account straight away. Just keep in mind that the credit limit you request must be higher than the card's minimum credit limit.

  If you want to increase your credit limit, you can apply through Internet or mobile banking, or by calling 1300 784 934 and saying "increase credit limit". Credit limit increases are subject to lending criteria and assessment, so you may be asked for additional documentation or details to support the application. Also, keep in mind that your credit limit can not be higher than the card's maximum limit.

• How do I cancel my Bank of Melbourne credit card?

  You can cancel your Bank of Melbourne credit card and close your account through the Internet or mobile banking by going to the "Services" section, choosing your card and selecting the "Close account" option. Then, just follow the prompts to close it.

  Alternatively, you can close your account by visiting a branch or calling Bank of Melbourne on you can do this you can do so at any time by calling a Bank of Melbourne customer service representative on 13 22 66 between 9am and 8pm Monday to Friday. Note that you will need to pay the card’s total, outstanding balance before you can completely close the account.

• What else can you tell me about Bank of Melbourne?

  Bank of Melbourne operates under the Westpac umbrella along with St.George and BankSA. It is based in Victoria, where there are hundreds of Bank of Melbourne branches, banking centres and ATMs. As a result of their parent company Westpac, you will find that they share many of the same credit products as the big bank and its sister financial institutions. This includes offers like rewards credit cards with Amplify points and balance transfer deals. You don’t have to be a Victorian resident to apply for a Bank of Melbourne credit card though as their products are available for all eligible applicants in Australia. This includes a special promotional offer of zero interest when you open a new charge account and transfer your balances. The amount of time you have to pay that balance off will depend on the type of card you choose.

Important links and details

• Bank of Melbourne customer service phone number: 13 22 66
  Hours of operation: 8am-8pm, Monday-Saturday (AEST)
• Bank of Melbourne personal loans
• Bank of Melbourne home loans
• Bank of Melbourne transaction accounts