Vertigo - Cashback Offer card image

Bank of Melbourne Vertigo

Advertiser disclosure
The details shown below are for a card without rewards
The details shown below are for a card without rewards

Choose the version of this credit card that suits you best

Name Rewards program
Vertigo - Cashback Offer n/a
Vertigo - Balance Transfer Offer n/a
  • Vertigo - Cashback Offer
    Rewards: n/a
  • Vertigo - Balance Transfer Offer
    Rewards: n/a
Purchase rate
13.99% p.a.
Balance transfer rate
6.99% p.a. for 12 months and then 21.49% p.a.
Annual fees
$55
Interest free days on purchases
55
Purchase rate
13.99% p.a.
Balance transfer rate
0% p.a. for 28 months and then 21.49% p.a. (1.00% balance transfer fee)
Annual fees
$55
Interest free days on purchases
55

Mozo editorial review Bank of Melbourne Vertigo - last updated: 2 March 2024

binocular icon
What's hot
  • 0% balance transfer (1% fee) or purchase rate offers
  • Apple Pay, Google Pay, PayID, Samsung Pay available
  • 2021 Mozo Experts Choice Award winner
What's not
  • 21.49% p.a cash advance rate
Mozo snapshot

If you're looking for a credit card that comes with flexible features then look no further than the Bank of Melbourne Vertigo card. With the option to choose between the 0% balance transfer offer for the first 28 months or cashback offer, the Vertigo card could be a great option for anyone wanting to reduce their debt. 

It even took out a 2021 Mozo Experts Choice Credit Card Award for Best Balance Transfer Card - so you know you're onto a winner.

key icon
Key features

Let's start with the basics. The Bank of Melbourne’s Vertigo Card features an ongoing purchase rate of 13.99% (many cards charge 20% or more), and there's a comfortable 55-day interest free period on purchases for cardholders who pay off their monthly balance in full by the due date each month.

On top of that, your wallet will be happier given that the annual card fee is a relatively low $55. In terms of other fees, if you do make a late payment there is a $15 late payment charge.

When it comes to making payments, the Bank of Melbourne Vertigo card is a Visa card, so you'll be able to use it anywhere Visa is accepted around the globe. The card also has PayPass functionality for payments under $100 and Apple Pay, Google Pay and Samsung Pay are all available. 

On top of those features, new cardholders who successfully apply between 7th November 2023 and 31st July 2024 can choose between two special offers.

  • Balance transfer offer: First up is the 0% p.a balance transfer rate for 28 months (1% BT fee) which could be a helpful feature for anyone wanting to pay off any existing debt. Just bear in mind that if you still have debt left on the card after that 28-month period, it will be charged the cash advance rate of 21.49%.
  • Cash back offer: Alternatively, cardholders can choose the up to $400 cashback offer: Shop with your new Vertigo credit card at any eligible supermarket, and you’ll receive 10% cashback as a statement credit on your Card Account within 30 days, up to a total maximum of $400. 


snapshot
Who is it good for

Given the generous offers available with the Vertigo Card, it could be a sound pick for anyone looking to annihilate their credit card debt or to earn some cash back.

question icon
Any catches

With a 21.49% p.a cash advance rate, cardholders will want to do their best to avoid withdrawing money using the card.

Details

Rates and fees information correct as at 25 June 2024 Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

13.99% p.a.

none

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

yes

21.49% p.a.

55

Fees

$55.00

none

none

none

$15.00

3%

3.00%

$0.00

$10.50

$0.00

Features

$10.00

2.0

1

Offer not available if youve held a St.George, Bank of Melbourne or BankSA credit card in the last 12 months.

Payment options

Apple Pay, Google Wallet, PayID, Samsung Pay

Other benefits

Receive 10% cashback on each eligible spend at a participating supermarket, max $400. For new applications made between 7th November 2023 and 31st July 2024, then use at supermarket within 6 months of approval.

Details

Rates and fees information correct as at 25 June 2024 Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

13.99% p.a.

none

0% p.a. for 28 months and then 21.49% p.a. (1.00% balance transfer fee)

yes

21.49% p.a.

55

Fees

$55.00

none

none

none

$15.00

3%

3.00%

$0.00

$10.50

$0.00

Features

$10.00

2.0

1

none

Payment options

Apple Pay, Google Wallet, PayID, Samsung Pay

Customer Reviews

How are Bank of Melbourne credit cards rated by the Mozo community?

Overall
7.7/10
Price
6.5/10
Features
6.1/10
Customer service
7.2/10
Convenience
7.3/10
Trust
7.3/10
Based on 136 Bank of Melbourne credit card reviews as rated by the Mozo customers. More about the Mozo Customer Ratings.
Mozo recommends that ratings are only one factor to be taken into account when deciding whether to take up any financial product offer.

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