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Key facts about these credit cards

Correct as at: 13th February 2020
Bank of Melbourne bank

This information sheet is an Australian Government requirement under the National Consumer Credit Protection Act 2009.

Description of credit cards
Product name Vertigo card Vertigo Platinum Card Amplify Card Amplify Platinum Card Amplify Signature Card No Annual Fee Card
Minimum credit limit $500 $6,000 $500 $6,000 $15,000 $500
Minimum repayments 2% of the closing balance outstanding or $10, whichever is the greater. If the closing balance is less than $10, it must be paid in full. 2% of the closing balance outstanding or $10, whichever is the greater. If the closing balance is less than $10, it must be paid in full. 2% of the closing balance outstanding or $10, whichever is the greater. If the closing balance is less than $10, it must be paid in full. 2% of the closing balance outstanding or $10, whichever is the greater. If the closing balance is less than $10, it must be paid in full. 2% of the closing balance outstanding or $10, whichever is the greater. If the closing balance is less than $10, it must be paid in full. 2% of the closing balance outstanding or $10, whichever is the greater. If the closing balance is less than $10, it must be paid in full.
Interest on purchases 13.99% 12.99%~ 19.74% 19.74% 19.74% 20.74%
Interest free period Up to 55 days on purchases only. Up to 55 days on purchases only. Up to 55 days on purchases only. Up to 55 days on purchases only. Up to 55 days on purchases only. Up to 55 days on purchases only.
Interest on cash advances 21.49% 21.49% 21.49% 21.49% 21.49% 21.49%
Promotional purchase rate            
Balance transfer interest rates 0% p.a. for 18 months on balance transfers# Plus, no balance transfer fee. Requested at card application, the variable cash advance rate will apply after the promotional period.   
6.99% p.a. for 12 months on balance transfers requested at new card application. Rate then switches to variable cash advance rate. 6.99% p.a. for 12 months on balance transfers requested at new card application. Rate then switches to variable cash advance rate. 0% p.a. for 6 months on balance transfers requested at new card application. Rate then switches to variable cash advance rate.#

0% p.a. for 6 months on balance transfers requested at new card application. Rate then switches to variable cash advance rate.#

6.99% p.a. for 12 months on balance transfers requested at new card application. Rate then switches to variable cash advance rate.
Annual card fee $55 $99  $79 $49 for the first year when you select Amplify Rewards (usually $99)**

$99 when you select Qantas Rewards
$139 for the first year (usually $279)** $0
Late payment fee $15 $15 $15 $15 $15 $15

The Detail

Conditions, fees and credit criteria apply.

This card is issued as a Visa card.

Switches, upgrades, or Westpac Group staff are ineligible. The promotions may be varied or withdrawn at any time and is not available in conjunction with any other promotion.

**Discounted First Year Fee: The discounted first year annual card fee promotion is available when you apply for a new Amplify Platinum (and elect to link your card account to the Amplify Rewards program) or Amplify Signature credit card between 13th February 2020 and 2nd June 2020. The first annual card fee at the reduced rate will be debited from your card account on your first transaction and the full annual card fee, will be debited annually thereafter. Credit criteria, fees and charges apply.

#Balance Transfer Promotion: The promotional balance transfer rate is available when you apply and are approved for a new Vertigo, Amplify Signature or Amplify Platinum credit card between 13th February 2020 and 2nd June 2020, and request at card application to transfer balance(s) from up to 3 non-St.George Bank, 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. No balance transfer fees apply to Vertigo, Amplify Signature or Amplify Platinum credit cards. At the end of the promotional period, the applicable variable cash advance rate will apply to any outstanding transferred balance(s). 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). 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 closing balance) by the relevant payment due date.

There may be circumstances in which you have to pay other fees. A full list of current fees applicable to these credit cards can be obtained from www.bankofmelbourne.com.au/creditcardfees

For more information on choosing and using credit cards visit the ASIC consumer website at www.moneysmart.gov.au

The terms on which these credit cards are offered can change over time. You can check if any changes have been made by visiting www.bankofmelbourne.com.au/creditcardfees.