Credit Card Compare

Bank of Melbourne Vertigo Card

10 reviews
Data last updated 20 July 2026
13.99%
Purchase rate
$84
Annual fee
55 days
Interest-free

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Bank of Melbourne Vertigo Card card
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CardIQ

59Good

Good

Overall score, out of 100 · How this works

  • 55 days interest-free56
  • Balance transfer62
  • Low rate58

Customer reviews

3.9

Based on 10 reviews

Most of the praise went to day-to-day use, the interest rate and customer service.

VickiRecommends

This card had a great 0% balance transfer deal

So far I haven’t had any dramas and no fuss. The payment reminders are great and Internet banking is easy to use. It has a competitive interest rate and is a great value no frills credit card.

LaurindaRecommends

Easy to use with banking app, but no rewards

It’s very simple to use, and connects to your everyday account with the Bank of Melbourne internet banking app. I chose this card so I don’t have to log in to another bank to check my statement. It’s a very good card for the modern user — standard rates, no yearly fee. However,…

QuenfinRecommends

Easy to manage low rate card

The Bank of Melbourne Vertigo Card is great for those who are looking to consolidate credit cards and have one simple every day low rate card to manage. The sign-up process was very easy and streamlined. I would have no hesitation in recommending this credit card to others who…

JackiRecommends

Run of the mill, nothing special

This card is your standard credit card. I don’t find any real benefits from having it. I use it out of ease because it is easy to use. The charges are easy to understand, but I think they need to communicate any benefits that accompany it a lot better. The annual charges are not…

David FoonRecommends

So far I'm very happy with this product

Changed to this product because previous card had no interest free period and had a higher interest charge. Still early days, but hopefully this should suit what my requirements are.I am a little bit annoyed with Bank Of Melbourne because as a long term customer they never…

SamanthaRecommends

Very pleased with this card

I needed a card for emergency, for when we were travelling. It is perfect for families – easy to pay and easy to use. Customer service seeems great so far. Even though the online application was thorough, it was easy to navigate. They called the next day to see if we had any…

SteveRecommends

Second to none service

Amazing customer service, understanding personal requirements. If every bank was this understanding we as consumers would be much happier. It feels like this bank is bringing back the old service that we as consumers deserve and crave. I couldn’t recommend Bank Of Melbourne…

DeenadeenaRecommends

Much better than any other bank

The customer service is excellent, they are very helpful when i need it. The card is amazing, I use it every now and then when needed, and the rates are fantastic. It took me a long time to find the right bank and I have finally found it. I will never change banks again.

AnonRecommends

Very good card

It is a good looking card and very convenient and has affordable and competitive rates and can also be used at a lot of places. With the security of specialised PIN that can only be used once and due to this security it makes life so risk free and recommend.

DanielleRecommends

Convenient for first time credit card holder

As a student and part-time worker, I find this card to be the most convenient and with the best interest rates offered for a first time credit card holder. The customer service is friendly, prompt and they are always there willing to help resolve your problems. They even have…

Pros & cons

What's good

  • 20 months at 0% p.a. on balance transfers, longer than the 12-month median (3% transfer fee, reverts to 21.99% p.a.).
  • The 13.99% p.a. purchase rate is below the 18.99% p.a. market median.
  • Earns cashback on eligible spending.
  • No fee to add an additional cardholder.

Worth noting

  • The $84 annual fee is high for a Standard card, where the typical fee is about $50.
  • 3% foreign transaction fee on overseas spending.
  • Earns no rewards points on spending.

Card details

The basics

Additional cardholder fee
$0 p.a.
Card tier
Standard
Card type
Visa
Card use
Personal
Credit limit
$500 – $80,000
Credit rating
Good
Rewards program
None

Eligibility

Instant approval
Yes (response in ~60 seconds)
Joint application
No
Minimum age
18 years old
Minimum income
Not specified
Residency
Australian citizen or permanent resident
Temporary residents
Eligible

Rates & fees

Ongoing interest rates

Cash advances
21.99% p.a.
Purchases
13.99% p.a.

Fees

Additional cardholder fee
$0
Annual fee
$84 p.a.
Cash advance fee
3.5% of the amount
Foreign transaction fee
3%
Late payment fee
$20

Repayments

Interest-free period
Up to 55 days on purchases
Minimum repayment
2% of the closing balance or $10, whichever is greater

Balance transfers

Can't transfer from
Bank of Melbourne, BankSA, St.George
Limit
Up to your available credit limit
Period
20 months
Promotional rate
0% p.a.
Revert rate
21.99% p.a.
Transfer fee
3%

While you carry a transferred balance you may not receive interest-free days on new purchases.

Introductory purchase offer

This card has no introductory purchase rate offer. If you're carrying a balance or planning a big spend, compare 0% purchase cards.

Rewards

This card doesn't earn rewards points. It focuses on a low cost of ownership instead. If earning points matters to you, compare frequent flyer cards and rewards cards.

Where this card sits vs similar cards

Compared with every other personal credit card we list that has the feature. The further right the dot, the better this card does.

Interest-free days55 daysTop 10% (6th of 191 cards)
Balance transfer0% for 20 monthsTop 25% (8th of 64 cards)
Overseas fee3.00%Better than most (53rd of 199 cards)
Purchase rate13.99%Better than most (63rd of 195 cards)
Annual fee$84 a yearMiddle of the market (95th of 199 cards)

Data as at August 2026. Rates change often, so check the issuer's terms. Factual information, not a recommendation.

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