Bank of Melbourne
Up to $500 cashback at supermarkets and petrol. 6.99% p.a. on balance transfers for 12 months. Option for low balance transfer rate. Enjoy practical card benefits.
The Bank of Melbourne Vertigo credit card packs value with up to $500 cashback when you spend at supermarkets and petrol outlets. Applicants benefit from a competitive 6.99% p.a. on balance transfers over 12 months, and a special 36-month balance transfer offer at the same rate with no transfer fee. Card eligibility requires new cardholders only, and credit approvals are subject to the bank’s criteria.
How to apply: Step by Step
- Check you meet eligibility and credit criteria
- Gather your ID and financial details
- Complete the online application for the Vertigo card
- Request balance transfer during application, if needed
- Wait for approval and activate your card
Top Advantages
The cashback offer is perfect for regular supermarket and petrol purchases, letting you earn back up to $500 over the first 180 days. This reward can help cover everyday costs effortlessly. Low balance transfer rates help ease the strain if you are consolidating debt from other Australian cards, with a straightforward 6.99% p.a. interest for up to 36 months.
Downsides to Consider
Existing customers or anyone who had a Bank of Melbourne, St.George or BankSA credit card in the last 24 months are not eligible. Offers are not valid in conjunction with other promotions, and certain types of spend are excluded from the cashback calculation, including gift card purchases and BPAY.
Final Verdict
The Vertigo credit card stands out for new applicants seeking real value with significant cashback and a competitive balance transfer rate. If you meet the requirements and your spending fits the eligible categories, this card is an attractive addition to your wallet.
