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Assumptions that this calculator makes:

  • You don’t make any purchases on your card until the promotional period ends or the balance transfer is paid in full.
  • You only make minimum repayments on your card during the promotional term.
  • The interest rate applying to your non-Bank of Melbourne credit card will not change.
  • You don’t pay your card off in full each month.
  • The minimum monthly repayment will be paid by the statement due date each month. The minimum repayment on your credit card is whichever is greater of: 2% of your total balance, or $10, or the amount of outstanding government and interest charges.
  • No cash advance transactions are made.
  • Excludes any fees that may apply to either card, including annual fees and when they are charged.

Interested in finding out more about how balance transfers work?

The Detail

Conditions and fees apply. Credit criteria apply to all credit products

Before making a decision, it's best to read the terms and conditions.

Please read these documents and keep a copy. You can request a paper copy at a branch.

Switches, upgrades, or customers accessing employee benefits are ineligible. This promotion may be varied or withdrawn at any time and is not available in conjunction with any other promotion.

#Balance transfer promotion: Available when you apply for a new Vertigo, Vertigo Platinum, No Annual Fee or Amplify credit card between 21st September 2017 and 22nd November 2017, and request at card application to transfer balance(s) from up to 3 non-St.George, Bank of Melbourne and BankSA Australian issued credit, charge or store cards. The rate will apply to balance(s) transferred (min $200 up to 80% of your approved available credit limit) for the promotional period, unless the amount is paid off earlier. Card activation will trigger the processing of the balance transfer. A 1% balance transfer fee applies at the time of transfer. The variable cash advance rate will apply after the promotional period. This offer only applies to balance transfers requested at card application. The applicable variable cash advance rate will apply to balance(s) transferred but left unpaid at the end of the promotional period. We will not be responsible for any delays that may occur in processing payment to your other card account(s) and will not close the account(s). Interest free days do not apply to credit cards with balance transfers.

^$0 annual card fee promotion: The first year annual card fee waiver is available when you apply for a new Vertigo credit card between 21st September 2017 and 22nd November 2017, and make your first purchase within 12 months of card approval. The first annual card fee will be debited on the 12 month anniversary of the first transaction on your account and annually thereafter.