7.8 / 10

based on 867 reviews as rated by Mozo community

Bank of Melbourne credit cards

Looking for convenience in how you spend? Or maybe you want to be rewarded for all those shopping hours with freebies and points? Multiple 2020 Mozo Experts Choice Award winner, 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.

What credit cards do Bank of Melbourne offer?

Rates and fees verified as correct at 01 December, 2020. Other information correct at the time of writing. Advertiser disclosure.

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 24 months and then 21.49% p.a.

$55 $0 in the first year

55

Go to site

12.99% p.a.

6.99% p.a. for 12 months and then 21.49% p.a.

$99

55

Go to site

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 24 months and then 21.49% p.a.

$55 $0 in the first year

55

Go to site

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.

6.99% p.a. for 12 months and then 21.49% p.a.

$79

0.5 points per dollar on Visa, uncapped

19.74% p.a.

6.99% p.a. for 12 months and then 21.49% p.a.

$79

1 point per dollar on Visa, uncapped

0% p.a. for 7 months then 19.74% p.a.

0% p.a. for 22 months and then 21.49% p.a. (1.50% balance transfer fee)

$99 $0 in the first year

Go to site

0.5 points per dollar on Visa, uncapped

19.74% p.a.

0% p.a. for 15 months and then 21.49% p.a. (1.00% balance transfer fee)

$99

Go to site

1.5 points per dollar on Visa, uncapped

19.74% p.a.

0% p.a. for 6 months and then 21.49% p.a.

$279 $139 in the first year

Go to site

0.75 points per dollar on Visa, uncapped

19.74% p.a.

0% p.a. for 6 months and then 21.49% p.a.

$279

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

0% p.a. for 7 months then 19.74% p.a.

0% p.a. for 22 months and then 21.49% p.a. (1.50% balance transfer fee)

$99 $0 in the first year

Go to site

0.5 points per dollar on Visa, uncapped

19.74% p.a.

0% p.a. for 15 months and then 21.49% p.a. (1.00% balance transfer fee)

$99

Go to site

1.5 points per dollar on Visa, uncapped

19.74% p.a.

0% p.a. for 6 months and then 21.49% p.a.

$279 $139 in the first year

Go to site

0.75 points per dollar on Visa, uncapped

19.74% p.a.

0% p.a. for 6 months and then 21.49% p.a.

$279

12.99% p.a.

6.99% p.a. for 12 months and then 21.49% p.a.

$99

Go to site

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.

6.99% p.a. for 12 months and then 21.49% p.a.

$79

0.5 points per dollar on Visa, uncapped

19.74% p.a.

0% p.a. for 15 months and then 21.49% p.a. (1.00% balance transfer fee)

$99

Go to site

0.75 points per dollar on Visa, uncapped

19.74% p.a.

0% p.a. for 6 months and then 21.49% p.a.

$279

**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.

Icon of credit-cards
Bank of Melbourne credit cards
Overall
7.4/10
Price
Features
Customer service
Convenience
Trust

131 Reviews

Recent Bank of Melbourne credit card reviews

Bank of Melbourne Credit Card review
Overall 1/10
Bad.

Fees are too high, interest rates on credit cards have never been reduced at all.

Read full review

Fees are too high, interest rates on credit cards have never been reduced at all.

Price
1/10
Features
1/10
Customer service
1/10
Convenience
1/10
Trust
3/10
Less
Stephen, Victoria reviewed 3 months ago
Bank of Melbourne Credit Card review
Overall 1/10
Poor service.

Don't use this bank, they have very poor uneducated staff.

Read full review

Don't use this bank, they have very poor uneducated staff.

Price
1/10
Features
1/10
Customer service
1/10
Convenience
1/10
Trust
1/10
Less
Smithy, Victoria reviewed 3 months ago
Bank of Melbourne Vertigo review
Overall 1/10
Bank of Melbourne Support Review

I have been with BOM for more than 10 years and it has been great but as soon as I have spotted an unauthorised transaction on the Visa account, I have contacted the fraud support to assist the case and believe or not I had to be out of pocket about $410 for something that I didn't authorise. The support was very aggressive and unprofessional, standing their ground, talking all over me, that I had to ask, can I please say something? after trying to have a polite conversation. I will now cancel my account and go elsewhere not related to this corporation because I suppose that it's the same support team handling the enquiries. I would never think that a bank can be so greedy and rather lose a long-term client than handle their issues the proper way. Also, the mobile app its clustered with glitches and maybe that is a reason that I got scammed as well. I also offered to send screenshots of the mobile app to show that this may have been the way that the account got hacked but they didn't want know and wash their hands with it and left me out of pocket even though they are insured on those type of transaction issues. I am waiting on the new card to pay off my balance and move on and no member of my family will have any more interaction with this bank. Thank god was only $410. Bad policies and practice to handle customer support.

Read full review

I have been with BOM for more than 10 years and it has been great but as soon as I have spotted an unauthorised transaction on the Visa account, I have contacted the fraud support to assist the case and believe or not I had to be out of pocket about $410 for something that I didn't authorise. The support was very aggressive and unprofessional, standing their ground, talking all over me, that I had to ask, can I please say something? after trying to have a polite conversation. I will now cancel my account and go elsewhere not related to this corporation because I suppose that it's the same support team handling the enquiries. I would never think that a bank can be so greedy and rather lose a long-term client than handle their issues the proper way. Also, the mobile app its clustered with glitches and maybe that is a reason that I got scammed as well. I also offered to send screenshots of the mobile app to show that this may have been the way that the account got hacked but they didn't want know and wash their hands with it and left me out of pocket even though they are insured on those type of transaction issues. I am waiting on the new card to pay off my balance and move on and no member of my family will have any more interaction with this bank. Thank god was only $410. Bad policies and practice to handle customer support.

Price
2/10
Features
2/10
Customer service
1/10
Convenience
2/10
Trust
1/10
Less
Carmine, Victoria reviewed 5 months ago
Bank of Melbourne Amplify Classic review
Overall 9/10
Really good customer service and good looking card

I like the Bank of Melbourne because relatives use it, it is efficient and easy to use. Great customer service from inside the branch.

Read full review

I like the Bank of Melbourne because relatives use it, it is efficient and easy to use. Great customer service from inside the branch.

Price
10/10
Features
6/10
Customer service
9/10
Convenience
10/10
Trust
10/10
Less
Rachael, Victoria reviewed 5 months ago
Bank of Melbourne No Annual Fee review
Overall 5/10
Nothing special.

Card is okay. It’s linked to my home loan but I'll change products when I refinance and go back to my existing bank.

Read full review

Card is okay. It’s linked to my home loan but I'll change products when I refinance and go back to my existing bank.

Price
6/10
Features
3/10
Customer service
4/10
Convenience
5/10
Trust
7/10
Less
Rochelle, Victoria reviewed 6 months ago

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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