Bank of Melbourne Vertigo Credit Card: Low Rates, Cashback & Balance Transfer Options – Black Cash

Bank of Melbourne Vertigo Credit Card: Low Rates, Cashback & Balance Transfer Options




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The Bank of Melbourne Vertigo Credit Card is a compelling option for those seeking a low-interest rate card with attractive introductory offers. Here’s a comprehensive breakdown of its features, rewards, and user experience:

Features and Services:

  • Competitive purchase rate: Enjoy a low ongoing purchase interest rate of 13.99% p.a.
  • Balance transfer offer (limited time): Transfer existing credit card balances for a 0% interest rate for a lengthy 28 months (a 1% balance transfer fee applies).
  • Up to $400 Cashback Offer (limited time): Earn 10% cashback on supermarket and petrol spending at selected locations, up to a total of $400.
  • 55 days interest-free on purchases: Make purchases and avoid interest charges if you pay your statement balance in full by the due date.
  • ShopBack rewards: Earn additional cashback through Bank of Melbourne’s partnership with ShopBack.
  • Free additional cardholder: Share the card’s benefits with a family member at no extra cost.

Reward Policy:

  • Cashback offer: This card currently boasts a limited-time offer of 10% cashback on supermarket and petrol spending at select locations, capped at $400.
  • ShopBack rewards: Partner with ShopBack to earn additional cashback percentages on various purchases.


Reviews for the Bank of Melbourne Vertigo Credit Card highlight its competitive purchase rate, attractive introductory balance transfer offer, and the convenience of 55 days interest-free on purchases. However, some users may find the annual fee of $55 to be a deterrent.

Safety Measures:

The Bank of Melbourne prioritizes cardholder security. They offer features like:

  • 24/7 fraud monitoring: Get alerted to suspicious activity on your account.
  • Verified by Visa: Add an extra layer of security for online transactions.
  • Lost and stolen card reporting: Quickly deactivate your card if it’s lost or stolen.

Mobile and Internet Banking:

Manage your Vertigo Credit Card conveniently through the Bank of Melbourne’s mobile app and internet banking platform. Features include:

  • View your account balance and transaction history.
  • Make payments towards your credit card balance.
  • Set up automatic payments.
  • Access account statements.

Credit Card Application Criteria:

To be eligible for the Bank of Melbourne Vertigo Credit Card, you’ll need to meet the bank’s standard credit card application criteria, which typically include:

  • Being at least 18 years of age.
  • Being an Australian citizen or permanent resident.
  • Having a good credit history.

For the most up-to-date information and to apply online, visit the Bank of Melbourne website:


  • What is the annual fee for the Vertigo Credit Card? The annual fee is currently $55.
  • Is there a minimum income requirement to apply? The Bank of Melbourne doesn’t disclose a specific minimum income requirement, but a good credit history is generally needed for approval.
  • How long does it take to get approved for the Vertigo Credit Card? Processing times can vary, but a decision is typically reached within a few days.


The Bank of Melbourne Vertigo Credit Card offers a well-rounded package with a competitive purchase rate, a lengthy 0% balance transfer offer (for a limited time), and cashback opportunities. Consider this card if you’re looking for a low-interest option for everyday purchases and want to manage your debt with a favorable introductory balance transfer period.


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Note: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research and consider your financial situation before applying for any credit card.