Rating based on 44 reviews

Bank of Melbourne

  • Online card management
  • No annual fee card
  • Low-interest starting from 19.74%

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Bank of Melbourne homepage
Author Bank of Melbourne. Screenshot of Bank of Melbourne website.
[Accessed March 17, 2023]

About Bank of Melbourne

Bank of Melbourne goes beyond just providing everyday banking services; they also offer top of the range credit cards with low rates and flexible terms.

Their head offices are in Melbourne, Victoria, but they have a vast network of branches that care for those in need of personal or business banking solutions.

Leading providers in the local market

The Bank of Melbourne has trained local specialists in market demand, so they provide such competitive deals. This enables them to find the most effective, low-cost solution for each customer that applies.

They cater to their client's needs

By showing care and understanding, the Bank makes sure that they find the right solution for the client's current financial needs. They are dedicated to providing an adequate solution that will help clients and the community reach their goals.

Bank of Melbourne Services

At the Bank of Melbourne, clients receive the perfect credit card that matches their current individual and household needs.

The Bank understands the lifestyle of the local Victoria community and thus knows what they will need to be able to survive and thrive.

Loyal customer base 

All Customers walk away happy after they visit The Bank of Melbourne. The Bank always receives feedback from their branches about the daily operations, and with this information, they make sure that they are constantly improving and bettering their services. By doing this, they make sure that clients receive credit cards designed to be beneficial and innovative.

Pay 0% interest on balance transfers

With the interest-free credit card, clients pay 0% interest on all balance transfers for the duration of the promotional period. After the period expires, a 1% balance transfer fee applies. This promotion is available for all new cardholders when they apply for their first credit card.

Bank of Melbourne – Credit card

  • Loan Type Credit cards
  • Interest Rate from 19.74%

Benefits of Bank of Melbourne

  • Get rewards on everyday spending
  • Balance transfer option
  • No annual fees

Bank of Melbourne Credit Cards - Get it on credit today

Clients can now link up their credit card to an Amplified Rewards account to start earning points as they spend.

There is no limit to how many points can be accumulated. Clients can redeem these rewards into wine gifts, gift cards, electronics and flights. Credit cards Australia allow clients to pay for what they need now and only pay for it later. Clients can now enjoy the benefits of purchasing what they need exactly when they need it without worrying about getting a loan.

Up your credit rating by making early repayments

The most significant advantage of opting for a credit card at the Bank of Australia is that clients receive a better credit score once they prove to be good payers. If clients can pay their credit in full at the end of each month, they don't get charged any additional interest fees on their account.

A range of credit card solutions

Some of the Bank's value offers include 0% per year for 18 months on all balance transfers and 0% per year for three months on purchases for a reasonable period. Their overall purchase rate variable of 13.24% is also much lower than their competitors in the area. New customers pay an annual fee of only $55, whereas existing customers pay no annual fee during their first year.

So who can apply

Anyone over the age of 18, who is a permanent resident of Australia, can apply at the Bank of Australia for a credit card. Make sure to have all the necessary documents in order when using them to receive instant approval.

The Bank of Australia: credit card option

Amplify rewards platinum -When clients spend more than $3000 on purchases in the first 90 days of receiving approval they can earn 130 000 bonus amplify points and $550 in eGift cards. The card comes at an annual card fee of $49 for the first year.

Amplified rewards signature -Get up to 200 000 bonus Amplify points when spending $100 000 in the first year on purchases. Clients can also get access to up to $450 each year in eGift cards.

man holding thumbs up

Bank of Melbourne is a trusted & reliable provider of credit cards

In our review, Bank of Melbourne adheres to the compliance criteria in accordance with the National Consumer Credit Protection Act 2009, where the granting the loan will not cause financial distress to the consumer.

✅ Bank of Melbourne is a registered credit provider in Australia: ACL 233714

Customer Reviews & Testimonials

April 2019

No matter what your credit score or your credit preferences are, Bank of Melbourne will be able to find a product that will suit your needs. They offer a wide variety of credit cards ensuring tha...

Tiffany G
— Queenstown —

April 2019

So many banks and lenders do not even bother to listen to your needs or problems. Bank of Melbourne takes the time to listen and come up with the perfect solution to your needs. They are a cut ab...

David U
— Portland —

June 2019

With so many positive reviews, there is no doubt about the great services provided by Bank of Melbourne. Just as they were recommended to me, I will recommend them to others also!

Angelica F
— Derby —

Bank of Melbourne Contact

Contact Number


  • not available


Physical Address

Postal Address

  • Locked Bag 20037 , Melbourne, 3001, Australia

Opening Hours

  • Monday 09:30 – 17:00
  • Tuesday 09:30 – 17:00
  • Wednesday 09:30 – 17:00
  • Thursday 09:30 – 17:00
  • Friday 09:30 – 17:00
  • Saturday – Closed
  • Sunday – Closed