- Receive 10% cashback (up to $500) on your supermarket shop & petrol spend within 180 days from card approval at selected leading supermarkets including Coles, Woolworths, IGA, Harris Farm, and Aldi, and selected petrol outlets. New cards only, Eligibility criteria and T&Cs apply
- 6.99% p.a. on balance transfers for 12 months; reverts to cash advance rate
- A low ongoing annual fee of $55
- Lowest BOM purchase rate of 13.99% p.a.
- Up to 55 days interest-free on purchases
- Additional cardholder at no extra cost
- Eligible with Apple Pay, Google Pay and Samsung Pay
Hi, I’m a personal finance expert who loves to help you out! I’ll answer your question within a business day. Pinky swear.
Bank of Melbourne Credit Cards
Bank of Melbourne Vertigo Credit Card – Cashback Offer
Updated 1 November 2024
Apply by 30 April 2025 for a new Bank of Melbourne Vertigo Credit Card and get up to $500 cashback on your supermarket and petrol spend at selected supermarkets s including Coles, Woolworths, IGA, Harris Farm, and Aldi, and petrol outlets. A low ongoing purchase rate of 13.99% p.a., and up to 55 days interest-free on purchases. New cards only.
Purchase Rate (p.a)
13.99%
Balance Transfer (p.a)
6.99% for 12 months
No balance transfer fee.
Reverts to 21.99% p.a.
Annual Fee (p.a)
$55
Pros and cons
- No complimentary insurance covers
- No balance transfer promotion available
Creditcard.com.au review
Editor Review
Bank of Melbourne Vertigo Credit Card – Cashback Offer
Pauline Hatch
Pauline is a personal finance expert at CreditCard.com.au, with 9 years in money, budgeting and property reporting under her belt. Ask Pauline a Question about this card.
The Bank of Melbourne Vertigo Credit Card
While the Bank of Melbourne Vertigo Credit Card may not be jam-packed with prestige features, it does offer an enticing 10% cashback or up to $500 total at selected leading supermarkets & petrol outlets with the added bonus of having a low purchase rate plus, 6.99% p.a. interest on balance transfers for 12 months.
Intrigued? Read on to find out all the need-to-know on this card, so you can work out whether this everyday low rate card is right for you.
What we love...
This card comes with a pretty awesome 10% cashback or a total of up to $500 when you apply for the Bank of Melbourne Vertigo credit card by 30 April 2025 and shop at any eligible leading stores & petrol outlets within 180 days from card approval. Participating supermarkets include Coles, Woolworths, IGA, Harris Farm, and Aldi. The 10% cashback will be paid as a statement credit to your Vertigo credit card account within 30 days each time you spend. Existing St George, Bank of Melbourne or Bank SA customers who currently hold a Vertigo credit card, or who have held one in the last 12 months, are not eligible for this offer.
Aside from the cashback offer though, there is plenty more to love about this card.
Designed to provide all the great features of the classic Vertigo card, the Bank of Melbourne Vertigo Credit Card can also help you keep costs down. This card offers a low variable purchase rate and an intro offer of 6.99% p.a. interest on balance transfers for 12 months.
What’s not so great...
As with most things in life, with the good, you must also take the bad. If you choose to apply for the cashback offer, you can only take advantage of the 6.99% p.a. interest on balance transfers for 12 months. The 0% p.a. balance transfer promotion will not be available to you. Factors to take note of with this card mostly involve the balance transfer offer. As this card is simple as it is, insurance covers are also not offered.
If you need help to pay off your existing credit card balances, you can opt to take advantage of Bank of Melbourne Vertigo Credit Card's 32-month 0% p.a. balance transfer offer.
It's worth noting that you may not be able to transfer an existing balance from a St.George, BankSA, or Westpac credit card, and keep in mind that any balance left unpaid after the intro period ends will revert to the higher cash advance rate.
Why should you choose this card?
If you want a credit card with a convenient cashback but one that you won’t pay through the nose for, this may indeed be the card for you.
Aside from the introductory offer and the features already mentioned, some other extras you could benefit from include its low minimum credit limit, up to 55 days interest-free on purchases, and a free additional cardholder.
Overall Rating
A low rate everyday card with an enticing set of features, up to $500 cashback plus, 6.99% p.a. interest on balance transfers for 12 months.
User reviews
Rates and fees
Interest rates
Purchase rate 13.99% p.a.
Cash advance rate 21.99% p.a.
Interest free period on purchases up to 55 days
Balance transfer
Balance transfer rate 6.99% p.a. for 12 months
Balance transfer revert rate 21.99% p.a.
Balance transfer from personal loan No
Balance transfer fee No fee
Balance transfer limit 80% of approved credit limit
Brands you can't balance transfer from Bank of Melbourne, BankSA, St.George
Credit limits
Minimum credit limit $500
Maximum credit limit N/A
Fees & repayments
Annual fee $55 p.a.
Additional cardholder fee $0 p.a.
Foreign transaction fee 3%
Minimum repayment 2% or $10, whichever is greater
Cash advance fee 3%
Late payment fee $15
Additional features
Complimentary insurance
International Travel Insurance No
Flight Inconvenience Insurance No
Transit Accident Insurance No
Smartphone Screen Insurance No
Purchase Protection Insurance No
Extended Warranty Insurance No
Rental Vehicle Excess In Australia Insurance No
Extras
Bank of Melbourne Fraud Money Back Guarantee, 24/7 fraud monitoring, and Secure Online Shopping Service
Manage repayments with Plan&Pay, Autopay, SMS and email alerts and more
Exclusive offers from My Offers Hub and Visa Offers and Perks
Overview
Bank of Melbourne Vertigo Credit Card – Cashback Offer
Disclaimer: The interest-free period is the maximum number of days during which interest is not charged on new purchases. If your account has an interest-free period for purchases, to be entitled to that interest-free period, you need to pay off the “monthly payment balance” listed on your statement of account (not the full closing balance) by the relevant payment due date.
Key features
- Receive 10% cashback or up to $500 when you apply for a new BOM Vertigo Credit Card, are approved, and spend using your new card at any eligible supermarkets & petrol outlets within 180 days from card approval. Selected leading supermarkets include Coles, Woolworths, IGA, Harris Farm and Aldi. New cards only. Eligibility criteria and T&Cs apply
- 6.99% p.a. on balance transfers for 12 months; reverts to cash advance rate
- Affordable annual fee of $55
- Lowest BOM purchase rate of 13.99% p.a.
- Up to 55 days interest-free on purchases
- Additional cardholder at no extra cost
- Eligible with Apple Pay, Google Pay and Samsung Pay
Minimum criteria to apply for this card
-
Be over 18 years old
-
Good Credit and have not applied for multiple credit cards recently
-
Australian permanent resident
You have your personal details ready to complete the online application
Pauline is a personal finance expert at CreditCard.com.au, with 9 years in money, budgeting and property reporting under her belt. Pauline is passionate about seeing Aussies win by making their money – and their credit cards – work smarter, harder and bigger
Recently Asked Questions
Something you need to know about this card? Ask our credit card expert a question.
Ask a question
Alex
11 August 2023Pauline
14 August 2023Arvah
4 January 2022Pauline
25 January 2022MARIE LAI CHEW WONG
1 May 2021Roland
4 May 2021B Soetanto
13 March 2021Roland
16 March 2021Vin
12 February 2020Roland
13 February 2020michelle
10 September 2019Roland
10 September 2019Sonia
18 June 2019Roland
18 June 2019Denise
24 February 2019Roland
25 February 2019brent
28 August 2018Roland
28 August 2018Jamal
20 June 2018Roland
21 June 2018Murray
4 June 2018Roland
6 June 2018