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Bank of Melbourne No Annual Fee Credit Card

2 reviews

Purchase rate

20.49% p.a.

Balance transfer

0% 12 months
0% Complete (success)
reverts to 20.49% p.a. 1% fee applies

Annual fee

$0 p.a.
0% Complete (success)

Pros

No annual fee

0% p.a. on balance transfers for 12 months

3 additional cardholders at no extra costs

Cons

You can balance transfer up to 80% of your approved credit limit

1% balance transfer fee applies

Purchase and cash advance rate of 20.49% p.a.

Bank of Melbourne No Annual Fee Credit Card

With the Bank of Melbourne No Annual Fee credit card you get 0% balance transfers for 12 months. 1% balance transfer fee applies. Reverts to variable cash advance rate. You also have the added convenience of PayPass and PayWave, and you can add up to three additional cardholders for free. Offer ends 22 May 2019. New cards only.

Key features

  • $0 annual credit card fee
  • 0% p.a. for 12 months on balance transfer. 1% balance transfer fee applies. Reverts to cash advance rate.
  • Purchase rate of 20.49% p.a.
  • Up to 3 free additional cardholders
  • Up to 55 interest free days on purchases
  • Rates
    3%
  • Fees
    100%
  • Rewards
    N/A
  • Customer Service
    46%
  • Value
    50%
100% of customers who have rated this card would recommend it
Overall customer rating 50%
2 reviews
Interest Rates
Purchase rate 20.49% p.a.
Cash advance rate 20.49% p.a.
Interest free on purchases up to 55 days
Balance Transfer
Balance transfer rate 0% p.a. for 12 months
Balance transfer fee 1% one off
Balance transfer revert rate 20.49% p.a.
Balance transfer limit 80% of your approved new credit limit
Balance transfer from personal loan No
Banks you can't balance transfer from Bank of Melbourne ,BankSA ,St.George
Credit limits
Minimum credit limit $500
Maximum credit limit $40,000
Fees & repayments
Annual fee $0 p.a.
Additional cardholder fee Up to 3 at no extra cost
Cash advance fee 2%
Foreign transaction fee 3%
Minimum repayment 2%
Late payment fee $15
Credit card type Visa
Complimentary insurance
Flight inconvenience insurance No
Transport accident cover No
Smartphone screen insurance No
Purchase protection insurance No
Extended warranty insurance No
Rental vehicle excess cover No

While the card has no annual fee, it also provides up to 55 interest free days on purchases. Making it a good no annual fee offer with 0% intro offer as well. There are a range of no annual fee options available, check out our no annual fee credit cards section.

2 questions (showing the latest 10 Q&As)

John Beattie

John Beattie

2 June 2016
I had almost completed a credit card application - I had just completed the "branch" question when the application disappeared from the screen. Do I need to start the process again?
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    3 June 2016
    Hi John, it sounds like it should be ok. Hopefully you received an application number or ID. Call BOM on 13 22 66
Chester

Chester

25 December 2013
Hi! I am here in Oz working with a 457 visa. Is there any possibility to get a credit card? I have been here for 7 months and i can only show my bank statement from my payroll as proof of my capacity to pay. I am renting a room and have no car because my work is just a 15 minute walk from home. Cheers!
  • Be over 18 years old
  • Good credit and not applied for multiple credit cards recently
  • Australian permanent resident
  • You have your personal details ready to complete the online application
Bank of Melbourne No Annual Fee Credit Card
Bank of Melbourne No Annual Fee Credit Card

Bank of Melbourne Credit Cards

Bank of Melbourne No Annual Fee Credit Card

20 February 2019

Purchase Rate (p.a)

20.49%

Balance Transfer (p.a)

0% for 12 months 1% BT fee applies. reverts to 20.49% p.a.

Annual Fee (p.a)

$0

$0 over 12 months

My transfer amount

Balance transfer from:

My annual fee

My interest rate

Bank of Melbourne No Annual Fee Credit Card

With the Bank of Melbourne No Annual Fee credit card you get 0% balance transfers for 12 months. 1% balance transfer fee applies. Reverts to variable cash advance rate. You also have the added convenience of PayPass and PayWave, and you can add up to three additional cardholders for free. Offer ends 22 May 2019. New cards only.

Key features

  • $0 annual credit card fee
  • 0% p.a. for 12 months on balance transfer. 1% balance transfer fee applies. Reverts to cash advance rate.
  • Purchase rate of 20.49% p.a.
  • Up to 3 free additional cardholders
  • Up to 55 interest free days on purchases

Customer Reviews

Bank of Melbourne No Annual Fee Credit Card

50% rating based on 2 reviews

Rates
Fees
Rewards
Customer Service
Value

Rates & Fees

Interest rates

Purchase rate 20.49% p.a.

Cash advance rate 20.49% p.a.

Interest free on purchases up to 55 days

Balance transfer

Balance transfer rate 0% p.a. for 12 months

Balance transfer revert rate 20.49% p.a.

Balance transfer from personal loan No

Balance transfer fee 1% one off

Balance transfer limit 80% of approved credit limit

Banks you can't balance transfer from Bank of Melbourne ,BankSA ,St.George

Credit limits

Minimum credit limt $500

Maximum credit limit $40,000

Fees & repayments

Annual fee $0 p.a.

Additional card holder fee Up to 3 at no extra cost

Foreign transaction fee 3%

Minimum repayment 2%

Cash advance fee 2%

Late payment fee $15

Additional features

Complimentary insurance

Overseas travel insurance No

Flight inconvenience insurance No

Transport accident cover No

Smartphone Screen Insurance No

Purchase protection insurance No

Extended warranty insurance No

Rental vehicle excess cover No

Our Review

Editor Review

While the card has no annual fee, it also provides up to 55 interest free days on purchases. Making it a good no annual fee offer with 0% intro offer as well. There are a range of no annual fee options available, check out our no annual fee credit cards section.

Pros

  • No annual fee
  • 0% p.a. on balance transfers for 12 months
  • 3 additional cardholders at no extra costs

Cons

  • You can balance transfer up to 80% of your approved credit limit
  • 1% balance transfer fee applies
  • Purchase and cash advance rate of 20.49% p.a.
Roland B Bleyer

Roland B Bleyer founded creditcard.com.au in 2005 and has extensive knowledge about credit cards. He personally answers all questions and write the editor reviews for each card here. Always keen to share his passion to educate consumers and help you select better suited credit cards.

Recently Asked Question

Something you need to know about this card? Ask a our credit card expert a question.

2 questions (showing the latest 10 Q&As)

John Beattie

John Beattie

2 June 2016
I had almost completed a credit card application - I had just completed the "branch" question when the application disappeared from the screen. Do I need to start the process again?
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    3 June 2016
    Hi John, it sounds like it should be ok. Hopefully you received an application number or ID. Call BOM on 13 22 66
Chester

Chester

25 December 2013
Hi! I am here in Oz working with a 457 visa. Is there any possibility to get a credit card? I have been here for 7 months and i can only show my bank statement from my payroll as proof of my capacity to pay. I am renting a room and have no car because my work is just a 15 minute walk from home. Cheers!

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