BusinessVantage card image

Bank of Melbourne BusinessVantage

Advertiser disclosure
Purchase rate
9.99% p.a.
Balance transfer rate
No current offer
Annual fees
Interest free days on purchases

Mozo editorial review Bank of Melbourne BusinessVantage - last updated: 12 November 2021

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What's hot
  • Low 9.99% purchase rate
  • Low $55 annual fee
  • 2021 Mozo Experts Choice Award
What's not
  • 3.00% foreign exchange margin
Mozo snapshot

Looking for some low cost plastic to keep your business running? Introducing the Bank of Melbourne BusinessVantage credit card, winner of a 2021 Mozo Experts Choice Award for best Low Rate Business Credit Card. With a budget-friendly 9.99% purchase rate and a manageable $55 annual fee, this card is a great pick for everyday spending. 

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Key features

For many business owners, keeping things easy and hassle free is at the top of the priority list. If that sounds like you, then you might want to check out the Bank of Melbourne BusinessVantage credit card. 

This card features a low 9.99% purchase rate and nifty $55 annual fee, plus you’ll be able to pay via Apple, Google or Samsung Pay, or PayID. And like any standard credit card, you’ll have up to 55 interest-free days on purchases. It also have complimentary credit card insurance for unauthorised transactions (T&C apply).

However, there are a few things to keep in mind with this card, like the 17.15% cash advance rate and $15 late payment fee. And because this is a no frills credit card, there is no rewards program or balance transfer offer. 

Who is it good for

The Bank of Melbourne BusinessVantage credit card could be a good choice for Aussie business owners looking for a no fuss card that’s low on cost. 

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Any catches

Just keep in mind that if you are planning on using this card for any international purchases, you will be hit with a 3.00% foreign exchange margin.


Rates and fees information correct as at 2 July 2022 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.

9.99% p.a.


No current offer


17.15% p.a.


















Payment options

Apple Pay, Google Pay, PayID, Samsung Pay

Rewards privileges

Travel Insurance

Customer Reviews

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About Bank of Melbourne