Bank of Melbourne

The Bank of Melbourne (BoM) was born in 1989 when the RESI Statewide Building Society was granted a banking license and listed on the ASX. For ten years actor Jack Thompson urged Victorians to bank with Bank of Melbourne. In 1996 Bank of Melbourne acquired Challenge Bank and operated 125 branches. By 1997, Westpac took control of Bank of Melbourne.


Despite closing the brand in 2004, Westpac relaunched the Bank of Melbourne in 2011 with a full suite of loans and accounts. All Westpac owned St George Bank branches in Victoria were rebranded to Bank of Melbourne.


You can read more about Bank of Queensland in InfoChoice’s Review of BoM or compare Bank of Melbourne with other home loan lenders, savings accounts, term deposits, personal loans and credit card issuers at InfoChoice.


By clicking on the tabs, on this page you can find:

  • - Current BoM Home Loan rates

  • - Current BoM Personal Loan rates<

  • - Current BoM Credit Card rates

  • - Current BoM Savings Account rates

  • - Current BoM Term Deposit rates


Bank of Melbourne

The Bank of Melbourne (BoM) was born in 1989 when the RESI Statewide Building Society was granted a banking license and listed on the ASX. For ten years actor Jack Thompson urged Victorians to bank with Bank of Melbourne. In 1996 Bank of Melbourne acquired Challenge Bank and operated 125 branches. By 1997, Westpac took control of Bank of Melbourne.


Despite closing the brand in 2004, Westpac relaunched the Bank of Melbourne in 2011 with a full suite of loans and accounts. All Westpac owned St George Bank branches in Victoria were rebranded to Bank of Melbourne.


You can read more about Bank of Queensland in InfoChoice’s Review of BoM or compare Bank of Melbourne with other home loan lenders, savings accounts, term deposits, personal loans and credit card issuers at InfoChoice.


By clicking on the tabs, on this page you can find:

  • - Current BoM Home Loan rates

  • - Current BoM Personal Loan rates<

  • - Current BoM Credit Card rates

  • - Current BoM Savings Account rates

  • - Current BoM Term Deposit rates


Basic Home Loan Variable Investment <60LVR

Variable
Rate 4.44
Comparison
Rate 4.49

Basic Home Loan Variable Investment 60-80 LVR

Variable
Rate 4.49
Comparison
Rate 4.54

Basic Home Loan Variable Investment 80+ LVR

Variable
Rate 4.54
Comparison
Rate 4.59

Basic Home Loan Variable Owner Occupied <60LVR

Variable
Rate 3.86
Comparison
Rate 3.91

Basic Home Loan Variable Owner Occupied 60-80 LVR

Variable
Rate 3.91
Comparison
Rate 3.96

Basic Home Loan Variable Owner Occupied 80+ LVR

Variable
Rate 3.96
Comparison
Rate 4.01

Basic Promo Home Loan for Investment I/O <60%LVR

Variable
Rate 3.14
Comparison
Rate 3.16

Basic Promo Home Loan for Investment I/O 60-80LVR

Variable
Rate 3.19
Comparison
Rate 3.21

Basic Promo Rate Home Loan Variable Investment

Variable
Rate 2.94
Comparison
Rate 2.96

Basic Promo Rate Home Loan Variable Investment 80+ LVR

Variable
Rate 3.04
Comparison
Rate 3.06

Fixed Rate Home Loan Investment P&I

Variable
Rate
Comparison
Rate

Fixed Rate Home Loan Investment P&I

Variable
Rate
Comparison
Rate

Fixed Rate Home Loan Owner Occ P&I

Variable
Rate
Comparison
Rate

Fixed Rate Home Loan Owner Occupied P&I

Variable
Rate
Comparison
Rate

Portfolio - Home Equity Loan

Variable
Rate 5.98
Comparison
Rate

Standard Variable Home Loan Investment <60LVR

Variable
Rate 5.02
Comparison
Rate 5.19

Standard Variable Home Loan Investment 60-80 LVR

Variable
Rate 5.07
Comparison
Rate 5.24

Standard Variable Home Loan Investment 80+ LVR

Variable
Rate 5.12
Comparison
Rate 5.29

Standard Variable Home Loan Investment 80+ LVR Packaged

Variable
Rate 3.82
Comparison
Rate 4.22

Standard Variable Home Loan Owner Occupied

Variable
Rate 3.14
Comparison
Rate 3.56

Standard Variable Home Loan Owner Occupied <60LVR

Variable
Rate 4.44
Comparison
Rate 4.61

Standard Variable Home Loan Owner Occupied 60-80 LVR

Variable
Rate 4.49
Comparison
Rate 4.66

Standard Variable Home Loan Owner Occupied 80+ LVR

Variable
Rate 4.54
Comparison
Rate 4.71

Car Loan

1st year Fixed
Rate 8.49
Comparison
Rate. 9.60

Get Set Loan

1st year Fixed
Rate
Comparison
Rate.

Overdraft

1st year Fixed
Rate
Comparison
Rate.

Personal Loan - Unsecured

1st year Fixed
Rate 9.99
Comparison
Rate. 11.08

Bank of Melbourne No Annual Fee

Purchase
Rate 20.74
Annual
Fee

Bank of Melbourne Vertigo Visa

Purchase
Rate 13.99
Annual
Fee $55.00

Complete Freedom

Max Interest rate($10,000) Base Interest rate($10,000)

Complete Freedom for Students

Max Interest rate($10,000) Base Interest rate($10,000)

Concession Account

Max Interest rate($10,000) Base Interest rate($10,000)

DIY Super Saver

Max Interest rate($10,000) Base Interest rate($10,000) 0.05

Incentive Saver Account

Max Interest rate($10,000) Base Interest rate($10,000) 0.20

Investment Cash Account

Max Interest rate($10,000) 1 Base Interest rate($10,000) 0.01

Maxi Saver

Max Interest rate($10,000) Base Interest rate($10,000) 0.05

Retirement Access Plus Account

Max Interest rate($10,000) Base Interest rate($10,000) 0.35

Farm Management Deposit Account

90 Days

1 Yr Paid
Annually

Farm Management Deposit Account

90 Days

1 Yr Paid
Annually

Farm Management Deposit Account

90 Days

1 Yr Paid
Annually

Farm Management Deposit Account

90 Days

1 Yr Paid
Annually

Term Deposit

90 Days

0.30
1 Yr Paid
Annually 0.60