Skip to main content Skip to accessibility page Skip to search input

Balance transfers

Balance transfer refers to a transfer of an outstanding balance from another credit, charge or Australian store card to your Bank of Melbourne credit card.

Balance transfers do not refer to transfers of money between Bank of Melbourne credit cards, or between Bank of Melbourne credit cards and any other Bank of Melbourne account.

  1. Start an online application for the credit card of your choice
  2. Select YES within the form that you would like to transfer a balance to your new Bank of Melbourne credit card
  3. Supply card details for the balance you would like to transfer
  4. Complete the transfer by activating your new card.


Choose from one of the following options to transfer up to 2 non-Bank of Melbourne credit or store cards to your existing Bank of Melbourne credit card1:


Via phone

Call 13 22 66 to arrange a balance transfer over the phone.

The Detail

The information on our website is prepared without knowing your personal financial circumstances. Before you act on this, please consider if it's right for you. If you need help, call 13 22 66.

1 Existing Bank of Melbourne credit card customers can request a balance transfer from another store, charge or non-St.George, non-BankSA and non-Bank of Melbourne credit card to their existing Bank of Melbourne credit card account. Balance(s) transferred will be at the special balance transfer rate of 2.99% p.a. for 15 months. Rate then switches to cash advance rate. The variable cash interest rate applies to balance transfers requested at any other time. You can transfer up to two balances from another store or credit card to your Bank of Melbourne credit card provided you meet the minimum requirements for balance transfers.