
Balance transfer
Purchase rate
Annual fee
No annual card fees. Ever.
The No Annual Fee Card is a low key, transparent credit solution for anyone looking for simple terms which help you manage your spending, not accrue points.
With a low $500 minimum credit limit, standard variable interest rate of 20.99% P.A and interest free period of up to 55 days, this is an everyday card which supports your spending without growing your debt.
Main features
| Rate type | Rate % | Duration |
|---|---|---|
| Balance transfers | - | - |
| Purchases | 20.99% p.a. | - |
Fees
| Fee type | Fee % | Min fee $ |
|---|---|---|
| Cash advances | 3% | - |
Fixed Fees
| Fixed fees | Fee $ | Fee amount |
|---|---|---|
Annual fee | $0 | per year |
| Monthly fee | - | - |
Bank of Melbourne No Annual Fee Card features and benefits:
55 days interest free are only applicable when you pay your balance in full by the due date.
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 due closing balance) by the relevant payment date.