No Annual Fee credit card (no longer for sale)
Important notice
From 30 April 2026, we’re making changes to some Bank of Melbourne Credit Card fees including updates to the Cash Advance Fee and Missed Payment Fee. Find out more.
Latest Information
Our No Annual Fee card is no longer available for sale. Here's a full list of our available credit cards.
If you currently have a No Annual Fee card, nothing has changed. All benefits, features and fees outlined on this page still apply.
Key Rates & Fees
| Annual card fee | $0 |
| Variable purchase rate | 20.99% p.a. |
| Variable cash advance rate | 21.99% p.a. |
| Interest free days on purchases | Up to 55 days on purchases only1 |
| Minimum credit limit | $500 |
| Minimum repayments | 2% of the closing balance outstanding, or $10; whichever is greater. If the closing balance is less than $10, it must be paid in full. |
Features
- Complimentary additional cardholder: Add a second cardholder (16 or over) for free, while keeping all the spend on the one account2.
- Fraud protection: Feel confident using our cards, with 24/7 fraud monitoring, Secure Online Shopping Service, and the Bank of Melbourne Fraud Money Back Guarantee3.
What fees apply to this card?
| Cash advance fee | 3% of each cash advance amount |
| Foreign transaction fee | 3% of the Australian dollar value for transactions with merchants based overseas |
| Missed payment fee | $15 fee applied for each late payment fee or missed payment |
The Detail
1 55 Days Interest Free: Receive up to 55 days interest free on your purchases if your Monthly Payment Balance is paid in full by the due date shown each month. This amount is calculated as the main account balance minus the balance transfer amount plus any Plan&Pay instalments for this month. If you do not have any Plan&Pay instalments or a balance transfer, the Monthly Payment Balance will be the same as the Closing Balance.
2 An additional credit card can be issued on the primary cardholder's account to any nominated person 16 years or over. All transactions using the additional credit card will be the responsibility of the primary cardholder.
3 Fraud Money Bank Guarantee: Our Bank of Melbourne Fraud Money Back Guarantee ensures that customers will be reimbursed for any unauthorised transactions provided that the customer has not contributed to the loss and contacted Bank of Melbourne promptly. Refer to the Credit Card Terms and Conditions (PDF 268KB) for full details, including when a customer will be liable.