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Bank of Melbourne credit cards

Bank of Melbourne
Bank of Melbourne's overall rating for credit cards

(as rated by the Mozo community)

7.6 / 10

based on 121 reviews

Looking for convenience in how you spend? Or maybe you want to be rewarded for all those shopping hours with freebies and points? Bank of Melbourne might just have a credit card to suit your needs.  Keep reading for all the facts figures and fine print about a Bank of Melbourne credit card.

Rates and fees verified as correct at 18 November, 2019. Other information correct at the time of writing.

What credit cards do Bank of Melbourne offer?

Low rate credit cards Low rate credit cards

On the other hand, if you’re someone who tends to carry a balance on their credit card, a low rate option can really help keep your bills manageable. Offering flexible features and a great interest rate,  a Bank of Melbourne low rate credit card can help you blast credit card debt quick!

Product Purchase rate Balance transfer rate Annual fees Interest free days on purchases

13.99% p.a.

0% p.a. for 18 months and then 21.49% p.a.

$55

55

0% p.a. for 15 months then 12.99% p.a.

No current offer

$99 $49 in the first year

55


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Low fee credit cards Low fee credit cards

If you’re organised and prompt with your credit card payments, then you’re probably making some killer savings on interest - so why ruin it with a high annual fee? Opt for a no fee credit card from Bank of Melbourne and keep your credit card costs low. You deserve it for being so savvy with your payments!

Product Purchase rate Balance transfer rate Annual fees Interest free days on purchases

20.74% p.a.

0% p.a. for 12 months and then 21.49% p.a. (1.00% balance transfer fee)

$0

55

13.99% p.a.

0% p.a. for 18 months and then 21.49% p.a.

$55

55


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Rewards credit cards Rewards credit cards

Looking for flexible rewards options? Look no further. With the choice of three rewards cards ranks, you’re sure to find a Bank of Melbourne credit card to suit your shopping needs and budget. Just keep in mind that these cards pack a bigger punch in interest and annual fees, so make sure you’ll get enough use from the Bank of Melbourne Rewards Program to justify it!

Product Points per dollar Purchase rate Balance transfer rate Annual fees

1 point per dollar on Visa, uncapped

19.74% p.a.

No current offer

$79

0.5 points per dollar on Visa, uncapped

19.74% p.a.

No current offer

$79

1 point per dollar on Visa, uncapped

19.74% p.a.

0% p.a. for 6 months and then 19.74% p.a.

$99 $49 in the first year

0.5 points per dollar on Visa, uncapped

19.74% p.a.

0% p.a. for 6 months and then 19.74% p.a.

$99 $49 in the first year

1.5 points per dollar on Visa, uncapped

19.74% p.a.

0% p.a. for 6 months and then 19.74% p.a.

$279 $139 in the first year

0.75 points per dollar on Visa, uncapped

19.74% p.a.

0% p.a. for 6 months and then 19.74% p.a.

$279 $139 in the first year


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Prestige cards Prestige cards

If you’re after a little bit of luxury in your spending experience, then Bank of Melbourne is sure to have a prestige credit card option to suit you. From low rate platinum offers to signature rewards cards, there’s a piece of plastic to meet every budget and spending style. Although your annual fee will generally be a little higher than the classic alternatives, these cards will let you ash inon great freebies and perks.

Product Points per dollar Purchase rate Balance transfer rate Annual fees

1 point per dollar on Visa, uncapped

19.74% p.a.

0% p.a. for 6 months and then 19.74% p.a.

$99 $49 in the first year

0.5 points per dollar on Visa, uncapped

19.74% p.a.

0% p.a. for 6 months and then 19.74% p.a.

$99 $49 in the first year

1.5 points per dollar on Visa, uncapped

19.74% p.a.

0% p.a. for 6 months and then 19.74% p.a.

$279 $139 in the first year

0.75 points per dollar on Visa, uncapped

19.74% p.a.

0% p.a. for 6 months and then 19.74% p.a.

$279 $139 in the first year

0% p.a. for 15 months then 12.99% p.a.

No current offer

$99 $49 in the first year


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Frequent flyer credit cards Frequent flyer credit cards

Business or pleasure? No matter how you travel, a Bank of Melbourne Qantas card is the perfect addition to any globetrotting wallet. These are rewards cards that automatically credit your points to the Qantas frequent flyer program, so you can bag those free flights with minimum fuss. And with three tiers to choose from, there’s a card for every budget!

Product Points per dollar Purchase rate Balance transfer rate Annual fees

0.5 points per dollar on Visa, uncapped

19.74% p.a.

No current offer

$79

0.5 points per dollar on Visa, uncapped

19.74% p.a.

0% p.a. for 6 months and then 19.74% p.a.

$99 $49 in the first year

0.75 points per dollar on Visa, uncapped

19.74% p.a.

0% p.a. for 6 months and then 19.74% p.a.

$279 $139 in the first year


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**Saving based on the average difference in fees and charges over 3 years between the most competitive product Mozo can refer a consumer to and the average credit card product input by 6,863 consumers (average balance of $4,262 or balance transfer balance of $5,818, interest rate of 19.6% and annual fee of $36.50) who used the Mozo Credit Card Health Check tool between 1 January 2012 to July 2012.

Frequently Asked Questions about Bank of Melbourne credit cards

How many interest free days will I get with a Bank of Melbourne credit card?

Whichever Bank of Melbourne credit card option you choose, you’ll have 55 days to pay off any purchase before being hit with interest charges.

What fees might I be charged?

With the exception of the no fee credit card, you’ll pay an annual fee on any Bank of Melbourne credit card, which can range from quite low to significant, depending on which card you opt for. Others include an foreign currency conversion fee and cash advance fee.

Can I use my Bank of Melbourne credit card for a balance transfer?

Yes! All Bank of Melbourne credit cards offer a balance transfer option, with a fairly leisurely 0% interest period. You can transfer any amount from $200 up to 95% of your credit limit to help you pay off credit card debt. Just make sure you have a plan in place to pay it off before the interest free period is over, because after that, any remaining balance will be charged interest at the higher cash advance rate.

One little bit of fine print to keep in mind is that you can’t transfer balances from other Bank of Melbourne, St.George or BankSA credit cards.

To find out more about getting rid of debt with a balance transfer deal, check out our guide to balance transfers

Can I use contactless payment with my Bank of Melbourne credit card?

Yep! Your Bank of Melbourne credit card works on the VISA network - which means you can use PayWave to ‘tap’ payment for small purchases.

Can I use my Bank of Melbourne credit card while I’m travelling overseas?

Wherever VISA is accepted your Bank of Melbourne credit card is too. Just remember to factor the foreign conversion fees into your travel budget!

What kind of rewards and bonuses does my Bank of Melbourne credit card offer?

If you opt for a rewards credit card from Bank of Melbourne, you’ve got a few different options, and which one you choose will affect how many points you earn on your spending, and also what you can cash them in for. Check out our table below to see how many rewards points you’ll earn through the Bankwest Amplify Rewards Program for each dollar you spend.

RewardsRewardsQantasQantas
Aus purchasesOverseas purchasesAus purchasesOverseas purchases
Amplify Classic0.51
Amplify Platinum0.5112
Amplify Signature1.751.51.53

One of the great things about Bank of Melbourne rewards points is that they are uncapped and don’t expire, so you’ve got as long as you like to redeem them.

If you opt for an Amplify rewards card you can redeem points for things like gift vouchers, cashback and retail products. If you’ve got a bit of wanderlust, a Qantas card will funnel all your hard earned rewards points directly into the frequent flyers program to help you earn free flights faster.

How does Bank of Melbourne protect me from credit card fraud?

Worried about credit card fraud? We don’t want to cause you unnecessary stress, but it is definitely something you should be aware of. You can practice good credit card security yourself by keeping your PIN and card details secret, always keeping an eye on your card during transactions and regularly reviewing your statement for unusual purchases.

Bank of Melbourne also takes steps toward protecting you while you use your credit card, including:

The Bank of Melbourne fraud back money guarantee - means that you will be reimbursed for any fraudulent transactions on your card

24/7 fraud monitoring and detection to look out for unusual activity on your credit card and alert you to possible fraud

Secure online shopping through a network of secure systems and Verified by VISA

How are Bank of Melbourne credit cards rated?

Mozo users have rated Bank of Melbourne credit cards on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.

Bank of Melbourne credit cards

Overall 7.6

Price

Features

Customer service

Convenience

Trust

121 Reviews

Recent Bank of Melbourne credit card reviews Recent Bank of Melbourne credit card reviews

Bank of Melbourne

Bank of Melbourne No Annual Fee review

Overall rating   8 / 10

Good customer service.

I am happy to bank with Bank of Melbourne. Have been a customer for over 5 years. Includes a home loan too. Competitive interest rate, banking fees are ok. Mainly less hassle.

Full review

I am happy to bank with Bank of Melbourne. Have been a customer for over 5 years. Includes a home loan too. Competitive interest rate, banking fees are ok. Mainly less hassle.

    Price   10 / 10

    Features   8 / 10

    Customer service   8 / 10

    Convenience   8 / 10

    Trust   8 / 10

Less

Saleela, Victoria, reviewed 3 days ago

Bank of Melbourne

Bank of Melbourne Amplify Classic review

Overall rating   8 / 10

Great credit card to earn points.

Great credit card, however BOM interest rate is high and balance should be paid off monthly to avoid hefty interest bill. Annual fee is reasonable. BOM are one of the only banks that offer joint credit cards. I have a joint account with my partner...

Full review

Great credit card, however BOM interest rate is high and balance should be paid off monthly to avoid hefty interest bill. Annual fee is reasonable. BOM are one of the only banks that offer joint credit cards. I have a joint account with my partner and we earn points for everyday expenses and purchases.

    Price   5 / 10

    Features   9 / 10

    Customer service   9 / 10

    Convenience   6 / 10

    Trust   10 / 10

Less

Benjamin, New South Wales, reviewed 11 days ago

Bank of Melbourne

Bank of Melbourne Credit Card review

Overall rating   8 / 10

Great customer service and helpful, friendly staff

Good customer service and support, friendly staff and good rewards program with Qantas.

Full review

Good customer service and support, friendly staff and good rewards program with Qantas.

    Price   8 / 10

    Features   7 / 10

    Customer service   9 / 10

    Convenience   8 / 10

    Trust   9 / 10

Less

Jonathon, Victoria, reviewed 19 days ago

Bank of Melbourne

Bank of Melbourne No Annual Fee review

Overall rating   7 / 10

Good customer service

They gave me a Bank of Melbourne credit card to pay for my car repairs and then helped me with my repayments when I got into trouble

Full review

They gave me a Bank of Melbourne credit card to pay for my car repairs and then helped me with my repayments when I got into trouble

    Price   7 / 10

    Features   8 / 10

    Customer service   8 / 10

    Convenience   7 / 10

    Trust   9 / 10

Less

Margaret, Victoria, reviewed 28 days ago

Bank of Melbourne

Bank of Melbourne No Annual Fee review

Overall rating   8 / 10

Satisfactory

No money debit card is all I have. Service could be better.

Full review

No money debit card is all I have. Service could be better.

    Price   8 / 10

    Features   7 / 10

    Customer service   4 / 10

    Convenience   6 / 10

    Trust   8 / 10

Less

Kelly, Victoria, reviewed 12 months ago

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Mozo may receive a payment from financial providers listed on the site. Customer reviews are in no way affected by any commercial relationships Mozo has with providers. Reviewers may receive a voucher from Mozo in exchange for their review. Vouchers are given to all reviewers who meet our review guidelines regardless of the sentiment of their reviews.

What do you need to apply for a Bank of Melbourne credit card? What do you need to apply for a Bank of Melbourne credit card?

To apply for a Bank of Melbourne credit card, you’ll have to be an Australian permanent resident and over 18 years of age. You’ll also need either:

  • One primary form of I.D with photo - includes passport, driver’s license or proof of age card

Or

  • One primary form of I.D without a photo - such as a birth certificate or centrelink card

Plus

  • One form of secondary I.D - can include things like a lease agreement, medicare card or recent ATO notice

You will also have to provide details about your current employment and financial situation.

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