Bank of Melbourne Vertigo
13.99% p.a.
0% p.a. for 16 months and then 21.49% p.a.
$55
n/a
Bank of Melbourne Vertigo
13.99% p.a.
0% p.a. for 16 months and then 21.49% p.a.
$55
n/a
Bank of Melbourne Vertigo
13.99% p.a.
0% p.a. for 16 months and then 21.49% p.a.
$55
n/a
Mozo Review Bank of Melbourne Vertigo Review
Last updated: 9 April 2019.
What's hot:
0% p.a balance transfer rate for 16 months
$55 annual fee
Low 13.99% purchase rate
What's not:
21.49% p.a cash advance rate
Mozo snapshot:
If you are looking for a low interest credit card that comes with flexible features then look no further than the Bank of Melbourne Vertigo card. With a 0% balance transfer offer for the first 16 months, the Vertigo card could be a great option for anyone wanting to reduce their debt, plus with a low 13.99% purchase rate and a $55 annual fee.
Key features:
Bank of Melbourne’s Vertigo card has all the top features you would expect in a great low rate credit card. First up, the Vertigo offers a 0% p.a balance transfer rate for 16 months 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 16 month period, the balance will revert to the purchase rate of 13.99%.
The card also has an ongoing purchase rate of just 13.99% (many cards charge 20% or more), and with a comfortable 55 interest free period you’ll have plenty of time to make your repayments.
Even if you do make a late payment you won't be penalised too much with the $15 late payment fee, and your wallet will definitely be happy knowing that the annual fee is just $55.
The Bank of Melbourne Vertigo card is a Visa 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.
Who it's good for:
Anyone looking to annihilate their credit card debt and wants a straight up credit card for managing payments.
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 21 September 2019 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 16 months and then 21.49% p.a.
-
yes
-
21.49% p.a.
-
55
Fees
-
$55.00
-
none
-
none
-
none
-
$15.00
-
2%, Min $2.50
-
3.00%
-
$2.00
-
$10.50
-
$0.00
Features
-
$10.00
-
2.0
-
1
-
none
Payment options
Google Pay, Samsung Pay
Customer Reviews
How are Bank of Melbourne credit cards rated by the Mozo community?
Latest reviews of Bank of Melbourne Vertigo
- Overall10/10
Great bank
Great and friendly staff at Cranbourne branch.
Read full review
Great and friendly staff at Cranbourne branch.
Price5/10Features4/10Customer service9/10Convenience9/10Trust9/10Less
Ruth | Victoria
reviewed over 4 years ago
- Overall3/10
convenient but pricey
convenient during the no interest fee period, but pricey thereafter, so keep an eye on the calendar!
Read full review
convenient during the no interest fee period, but pricey thereafter, so keep an eye on the calendar!
Price2/10Features2/10Customer service7/10Convenience4/10Trust3/10Less
Mark | Victoria
reviewed over 4 years ago
- Overall9/10
Good support and they are really helpful
I love this bank because it is so easy to use and I can really trust them and they are really...
Read full review
I love this bank because it is so easy to use and I can really trust them and they are really supportive.
Price10/10Features10/10Customer service10/10Convenience6/10Trust10/10Less
Maka | Victoria
reviewed almost 5 years ago
- Overall10/10
Great service and low rate
Great service and low rate
Read full review
Great service and low rate
Price10/10Features10/10Customer service10/10Convenience10/10Trust10/10Less
Nathan | New South Wales
reviewed about 5 years ago
- Overall8/10
Excellent customer service
Excellent customer service. I had problems ordering my card, so the next time it was ordered, one...
Read full review
Excellent customer service. I had problems ordering my card, so the next time it was ordered, one of their employees called me a week after it was ordered, to make sure I had received it ok. Never had that kind of service from another bank.
Price8/10Features8/10Customer service9/10Convenience7/10Trust7/10Less
Debbie | Victoria
reviewed about 5 years ago
About Bank of Melbourne
Formerly St.George in Victoria, The Bank of Melbourne provides a banking alternative to customers with its large range of products in home, personal and business banking. Based in Victoria the Bank of Melbourne offers its customers bank accounts, credit cards, term deposits, private banking services, home loans and personal loans.
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