Bank of Melbourne Credit Cards

Bank of Melbourne is a provider of credit cards, home loans, personal loans, bank accounts, investment products, and superannuation funds.

Compare Bank of Melbourne Credit Cards

If you’re considering a Bank of Melbourne card, check out what’s available below in our comparison table based on a monthly spend of $1,000. Please note that this table has been sorted by annual rate (lowest to highest).

Types of Bank of Melbourne Credit Card

There are 6 different Bank of Melbourne credit cards at the time of writing:

  1. Amplify Signature Card
  2. Amplify Platinum Card
  3. Amplify Card
  4. No Annual Fee Card
  5. Vertigo Platinum Card (Low Rate)
  6. Vertigo Card (Low Rate)

Bank of Melbourne also offers business credit cards, which are not summarised on this page.

All Bank of Melbourne credit cards offer the following benefits:

  • Security: Card protected by 24/7 fraud monitoring for suspicious transactions; and Verified by Visa when shopping online.
The inclusions mentioned represent a selection of what is covered at the time of writing. Additional terms and conditions may apply to different features. Additional fees may apply to the product. CANSTAR is not making any suggestion or recommendation to you about this product. Please ensure that you read the product disclosure statement to determine all the current options and inclusions for the product you are considering.

Compare Credit Cards

Amplify Signature Card

Bank of Melbourne Amplify Signature

Features

  • Card type: VISA
  • Minimum credit limit: $15,000
  • Maximum credit limit: $80,000
  • Minimum income required for eligibility: $75,000 p.a.
  • Security: Card protected by 24/7 fraud monitoring for suspicious transactions; and Verified by Visa when shopping online.
  • Rewards program: Choice of Amplify rewards points or Qantas Points. Earn rewards points for money spent using the card.

Amplify Platinum Card

Bank of Melbourne Amplify Platinum

Features

  • Card type: VISA
  • Minimum credit limit: $6,000
  • Maximum credit limit: $80,000
  • Minimum income required for eligibility: $30,000 p.a.
  • Security: Card protected by 24/7 fraud monitoring for suspicious transactions; and Verified by Visa when shopping online.
  • Rewards program: Choice of Amplify rewards points or Qantas Points. Earn rewards points for money spent using the card.

Amplify Classic Card

Bank of Melbourne Amplify Classic

Features

  • Card type: VISA
  • Minimum credit limit: $1,000
  • Maximum credit limit: $80,000
  • Minimum income required for eligibility: $25,000 p.a.
  • Security: Card protected by 24/7 fraud monitoring for suspicious transactions; and Verified by Visa when shopping online.
  • Rewards program: Choice of Amplify rewards points or Qantas Points. Earn rewards points for money spent using the card.

 

Compare Rewards Credit Cards

No Annual Fee Card

no annual fee

Features

  • Card type: VISA
  • Minimum credit limit: $500
  • Maximum credit limit: $40,000
  • Security: Card protected by 24/7 fraud monitoring for suspicious transactions; and Verified by Visa when shopping online.
  • Digital wallet: Smartphone payments via digital wallet are enabled for Apple Pay, and Android Pay.

 

Compare Low Fee Credit Cards

Vertigo Platinum Card

vertigo platinum

Features

  • Card type: VISA
  • Minimum credit limit: $6,000
  • Maximum credit limit: $80,000
  • Security: Card protected by 24/7 fraud monitoring for suspicious transactions; and Verified by Visa when shopping online.
  • Digital wallet: Smartphone payments via digital wallet are enabled for Apple Pay, and Android Pay.

Vertigo Card

vertigo classic

Features

  • Card type: VISA
  • Minimum credit limit: $500
  • Maximum credit limit: $40,000
  • Security: Card protected by 24/7 fraud monitoring for suspicious transactions; and Verified by Visa when shopping online.
  • Digital wallet: Smartphone payments via digital wallet are enabled for Apple Pay, and Android Pay.

 

Compare Low Rate Credit Cards

CANSTAR provides an information service. It is not a credit provider, and in giving you information about credit products CANSTAR is not making any suggestion or recommendation to you about a particular credit product.
If you decide to apply for a credit card you will deal directly with the financial institution, and not with CANSTAR. Rates and product information should be confirmed with the relevant financial institution. For more information, read our detailed disclosure, important notes, and additional information.

 

Bank of Melbourne FAQs

To apply for any of the Bank of Melbourne credit cards, you must be able to satisfy the following criteria:

  • At least 18 years old.
  • Permanent Australian resident.
  • Earning minimum income specified for each card (see above).

For more information about eligibility requirements, go to the Bank of Melbourne website.

First, check whether you are eligible to apply for a Bank of Melbourne credit card. See above for the eligibility requirements.

If you meet the eligibility requirements, you can apply online – it takes about 10 minutes for new customers and just 5 minutes for existing Bank of Melbourne customers, according to Bank of Melbourne. Have your ID and income details handy and check our list of documentation you may need when applying for a credit card.

In some cases, an instant response cannot be made and you will need to provide further information before the card can be approved; in this case, the card provider will contact you. You can check your application status at any time by calling 13 22 66 (open Mon-Sat).

You will have to activate your credit card when it arrives before you are able to use that card. Activate the card online using this link.

You can manage your Bank of Melbourne credit card through online banking or using the mobile banking app. Use online banking to do things like set up alerts for when a deposit is made or when your card balance reaches a certain level, view your recent transaction history, view your balance, and more.

When interest is charged

Interest is charged when you carry a balance on your Bank of Melbourne credit card. Interest is charged on cash advances from the date of withdrawal (fees and charges apply) and balance transfers from the date of transfer.

Interest is charged on all purchases made using a Bank of Melbourne No Annual Fee MasterCard, as this card does not offer any interest-free days.

When interest is not charged

Up to 55 interest-free days apply to Bank of Melbourne credit card purchases if you have paid the balance in full for the previous month’s statement and for the current month’s statement (the statement on which the purchases are listed).

Your credit limit for a Bank of Melbourne credit card will be determined based on the information you provide in your application, keeping in mind the minimum and maximum credit limits available for each card. Find out more about how credit limits are determined here. You can request an increase in credit limit after 6 months of holding the card.

You can close your Bank of Melbourne credit card account at any time by contacting Bank of Melbourne:

  • Personal banking: Phone 13 22 66 (open Mon-Sat) (within Australia) or +61 3 9982 4186 (from overseas)
  • Helpdesk: Phone 1300 605 266 (open 24/7) (within Australia) or +61 3 9982 4186 (from overseas)

Your card balance will need to be repaid in full even after the card is closed. You will continue to receive monthly statements until your card balance is fully repaid.

If you are experiencing financial hardship, contact the customer service team to get help in making repayments.

If you are closing your Bank of Melbourne credit card because you’re not satisfied with it, consider your other options when it comes to credit cards:

Compare Credit Cards

Founded in 1989, Bank of Melbourne has 106 branches exclusively in the state of Victoria. Bank of Melbourne has twice been recognised as the Regional Bank of the Year by the Financial Review Smart Investor Blue Ribbon Awards, most recently in 2015.

Customers can choose which community groups Bank of Melbourne will support each financial year through The Local Project grants, which are offered to the projects that win the most votes. You can also apply for a community grant through the Bank of Melbourne Neighbourhood Fund.

Bank of Melbourne is also helping to combat homelessness in Victoria by sponsoring the Sleep at the G fundraising event for Melbourne City Mission. Their parent company, Westpac, has lent more than $1.05 billion to the social and affordable housing sector as of 2016.

Check out their Melbourne Made ad campaign that celebrates the Victorian people and businesses who bank with them:

Source: Bank of Melbourne

Parent company Westpac is committed to sustainability and protecting our environment through their own operations and the work of their subsidiary brands such as Bank of Melbourne. The 2016 Interim Sustainability Report from Westpac lists contributions such as:

  • Carbon neutral as of 2013 and maintaining that status.
  • Halved electricity usage in commercial and retail sites from 2015 levels.
  • Halved total greenhouse gas emissions in commercial and retail sites from 2015 levels.
  • More than $6.3 billion lent per year to the CleanTech and environmental services sector.

Compare Credit Cards with CANSTAR 

Bank of Melbourne Credit Cards

CANSTAR Research
Rating:
Award: 3-Star Rating for Credit Cards

Low Fee, Low Rate, Rewards, Platinum

No Annual Fee Visa, Vertigo Visa, Amplify Classic, Amplify Platinum, Vertigo Platinum, Amplify Signature

View the 2016 Credit Card Star Ratings

Written by: TJ Ryan | Last updated: