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- Vertigo Visa (Balance Transfer Offer)
Bank of Melbourne Vertigo Visa (Balance Transfer Offer)
- Balance Transfer
- Apple, Google & Samsung Pay
- Balance transfer
- Low annual fee
0% p.a. interest on balance transfers for 28 months (1% fee)
~ Ends in 3 monthsThis 0% p.a. offer relates to balance transfers requested at card application. 1% balance transfer fee applies. The variable cash advance rate will apply after the promotional period.
Purchase rate p.a.
13.99%
Balance transfer rate
0%
Annual fee
$0
for 12 months then $55 thereafter
Bank of Melbourne Vertigo Visa (Balance Transfer Offer)
- Balance Transfer
- Apple, Google & Samsung Pay
- Balance transfer
- Low annual fee
Purchase rate p.a.
13.99%
Balance transfer rate
0%
Annual fee
$0
for 12 months then $55 thereafter
RateCity says
"Enjoy a lengthy balance transfer period on a card that boasts a lower than average annual fee."
Pros and Cons
For Bank of Melbourne Vertigo Visa (Balance Transfer Offer)
Benefits
- Lower than average ongoing variable purchase rate
- $0 annual fee in the first 12 months and $55 p.a thereafter.
- Lower than average annual fee
- Apple Pay, Google Pay and Samsung Pay available
- Free supplementary cards
Drawbacks
- No reward program
Bank of Melbourne Rate Credit Card overview
For Vertigo Visa (Balance Transfer Offer)
Details
Card level
Standard
Card type
Visa
Interest free days
55
Minimum monthly repayment
2% or $10
Minimum credit limit
$500
Maximum credit limit
$40,000
Free supplementary cards
Instant approval
Target Market Determination
Visit Bank of Melbourne to view Target Market Determination.
Fees
Annual fee
$0
for 12 months then $55 thereafter
Annual Fee Spend Waiver
Supplementary card annual fee
$0
Late payment fee
$15
Over limit fee
$15
Duplicate statement fee
$2
Electronic Wallet Service
Apple pay available
Google pay available
Samsung pay available
Important Rates
Rates
Purchase rate p.a.
13.99%
Cash advance rate
21.49%
Cash advance fee
3% or $2.5
Balance Transfer
Balance transfer rate
0%
Transfer limit
80%
of the approved credit limit
Balance transfer fee
1%
Overseas spending
Foreign exchange fee
Overseas charges
$5
Estimated ATM cost
$14
for AU $300 withdrawal
Rewards
Program name
Rewards available
Eligibility
Minimum age
18
Minimum income
Eligibility conditions
Regular, verifiable income
