Thumb bank of melbourne vertigo platinum credit card

Bank of Melbourne Vertigo Platinum Visa Credit Card

The Bank of Melbourne Vertigo Platinum Visa Credit Card provides all the prestige, complimentary insurances and services you associate with a premium card for a low annual fee of just $99 which is waived for the 1st year. This first class value with the platinum service continues with a competitive purchase rate of 12.74% p.a. and a low income eligibility level of just $30,000 p.a., which is amongst the lowest for a Platinum level card.

On Line Exclusive Introductory Offer: 0% p.a. for 24 months on Balance Transfers a BT fee of 1% applies PLUS $0 Annual Card Fee or the first year

Offer Conditions: Apply by 30th June 2018. 0% p.a. for 24 months on balance transfers requested at card application (1% balance transfer fee applies). Rate then switches to applicable variable cash advance rate of 19.49% p.a.

As you would expect the Melbourne Vertigo Platinum credit card comes packed with features:

  • Up to 55 interest free days on purchases - providing you pay off your balance in full every month including any balance transfer amount.
  • An Additional Card Holders - Add an additional card holder for $0
  • Card Security - Fraud Protection by Falcon and Verified by Visa to protect your online payments.
  • Complimentary Overseas Travel insurance on trips up to three months long.
  • Complimentary Purchase Security insurance for three months.
  • Complimentary Extended Warranty insurance for up to one year.
  • Complimentary Visa Platinum Concierge Service
  • Visa payWave - provides the convenience of tap and go quick payments on transactions up to $100.
Credit Card Details
Provider Bank of Melbourne
Prestige Level Platinum
Credit Card Type Visa
Instant Approval Yes in 60 seconds
Standard Rates
Purchase Rate 12.74%
Cash Advance Rate 19.49% p.a.
Interest Charged From Purchase date
Interest Free Period Up to 55 days
Balance Transfer
Balance Transfer Rate 0%
Balance Transfer Period 24 months
Balance Transfer Fee 1%
Balance Transfer Processing Time 10 - 14 days
Max. Balance Transfer 80% of Credit Limit
Revert rate 19.49% p.a.
Benefits
Intro Offer 0% p.a. for 24 months on balance transfers requested at card application (1% balance transfer fee applies#). Rate then switches to applicable variable cash advance rate of 19.49% p.a. PLUS $0 Annual Card Fee or the first year
Offer end date 30th June 2018
Rewards Program No
Rewards Points No
Acceptance Criteria
Age to Apply 18
Min. Income $30,000
Residency Australia
Temporary residents No
Min. Credit Limit $6,000
Joint applicants No
Fees & Terms
Min. Monthly Repayment $10
Annual Fee $99
Over Limit Fee $15
Duplicate Statement fee $7.50
Late Payment Fee $15
Min. Monthly Repayment % 2%
Max. Credit Limit -
Cash advance fee 2% of the value of the transaction with a minimum charge of $2.50
Additional card holder fee $0
Travel & Insurance
Foreign currency conversion fee 3% of transaction value
Overseas atm withdrawal fee $5
Complimentary travel insurance Overseas travel insurance cover & transit Accident Insurance

What happens when I click "Go to site"?

  • 1

    Clicking Go to site will direct you to the providers web site

  • 2

    Complete the online application on the providers web site

  • 3

    Once approved the provider will issue your new product, delivery times will vary by provider.