loading
card image Go to site Bank of Melbourne
No Annual Card Fee. Ever.

Bank of Melbourne No Annual Fee Card

Balance transfer

Not Available

Purchase rate

0% for - months

Annual fee

$0 per year

No annual card fees. Ever.


Highlights

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 typeRate %Duration
Balance transfers
--
Purchases20.99% p.a.-

Fees

Fee typeFee %Min fee $
Cash advances3%-

Fixed Fees

Fixed feesFee $Fee amount
Annual fee
$0
per year
Monthly fee--

More information

Bank of Melbourne No Annual Fee Card features and benefits:

  • No card fee. Ever.
  • 20.99% P.A variable interest rate on purchases
  • Up to 55 days interest free on purchases
  • $500 minimum credit limit
  • Up to three additional cardholders at no cost.

Terms & conditions

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.