Bank of Melbourne
Up to $500 cashback at supermarkets and petrol, plus 6.99% p.a. on balance transfers for 36 months with no fee. Suits practical savers and spenders.
The Bank of Melbourne Vertigo Credit Card promotion delivers two compelling benefits: up to $500 cashback on eligible supermarket and petrol spend, and a low 6.99% p.a. rate for balance transfers over 36 months, with no balance transfer fee. These perks are tailored for everyday Australians looking to make every dollar count, whether shopping or managing debt.
New applicants can unlock the cashback by using their card at most major and independent supermarkets or petrol stations within 180 days of approval. The 10% cashback, capped at $500 per account, is applied as a statement credit typically within three months of a qualifying spend. For those seeking to consolidate, request your balance transfer during application to take advantage of the extended 6.99% p.a. period, with a minimum transfer of $200 and up to 80% of the approved credit limit.
How to Apply for the Vertigo Offer
1. Complete an online Bank of Melbourne application form for the Vertigo card.
2. If consolidating debt, request up to three non-Bank of Melbourne balances for transfer.
3. Wait for approval, then activate your card.
4. Start spending at eligible supermarkets and petrol stations or enjoy the balance transfer rate once processed.
Pros of the Vertigo Offer
The cashback feature stands out for everyday savings, rewarding your routine grocery and fuel expenses. The lengthy and competitively low 6.99% balance transfer term helps manage and reduce existing debt affordably over three years.
Cons of the Vertigo Offer
Existing cardholders and past customers with a Bank of Melbourne, St.George, or BankSA card within 24 months are not eligible for the offer. Bonus features do not combine with other promotions.
Certain supermarkets like Costco and merchant-classification exclusions may limit where cashback applies. Purchases of gift cards, cash-equivalent transactions, and some digital payments are also not included for cashback rewards.
Verdict: Who Should Consider This Card?
If you’re new to Bank of Melbourne and want a practical card for daily spending while reducing interest costs on current debts, the Vertigo offer is a top contender in 2026. It excels for disciplined spenders eager to make the most of routine purchases and those serious about sensible debt management.
