11 live products
ANZ
Best available rate
20.99%p.a.
ANZ First
Highest ranked offer currently surfaced for this bank on the compare page.
Annual fee
$0
Interest-free
55 days
Rewards
Available
Finding the best rates…
Credit Cards Comparison
Bank One
ANZ
Best available
From 12.99% p.a.
Line-up
11 live products
VS
ANZ vs Bank of Melbourne
Compare ANZ and Bank of Melbourne credit cards in March 2026. ANZ offers 11 cards with purchase rates from 12.99% p.a., while Bank of Melbourne has 8 cards starting at 9.99% p.a.
VS
8 live products
Bank of Melbourne
Best available rate
20.99%p.a.
No Annual Fee Card
Highest ranked offer currently surfaced for this bank on the compare page.
Annual fee
$0
Interest-free
55 days
Rewards
Available
Live edge
Bank of Melbourne has the lower purchase rate by 0.00%, which is about $0 a year on a $5,000 carried balance.
0.00% gap
Feature Comparison
Side-by-side view of the strongest offers surfaced above.
| Feature | ANZ | Bank of Melbourne |
|---|---|---|
| Purchase rate | 20.99% | 20.99% |
| Annual fee | $0 | $0 |
| Interest-free days | 55 | 55 |
| Has rewards | Yes | Yes |
All ANZ Products
Every tracked credit cards option from ANZ.
All Bank of Melbourne Products
Every tracked credit cards option from Bank of Melbourne.
ANZ's ANZ Business Low Rate charges 12.99% p.a. with a $100 annual fee, while Bank of Melbourne's Business Vantage sits at 9.99% p.a. with a $55 annual fee. Bank of Melbourne's lower rate saves approximately $150/year on a $5,000 balance.
Quick Comparison
| Feature | ANZ | Bank of Melbourne |
|---|---|---|
| Purchase Rate | 12.99% | 9.99% |
| Annual Fee | $100 | $55 |
| Interest-Free Days | 0 | 55 |
| Rewards Program | None | None |
Common Questions
ANZ vs Bank of Melbourne FAQs
Which bank has the lower credit card rate, ANZ or Bank of Melbourne?
Bank of Melbourne offers the lower purchase rate at 9.99% p.a. Annual fees and rewards should also be considered when comparing.
What is ANZ's lowest credit card rate in 2026?
ANZ's lowest purchase rate is 12.99% p.a. on the ANZ Business Low Rate, with a $100 annual fee and 0 interest-free days.
What is Bank of Melbourne's lowest credit card rate in 2026?
Bank of Melbourne's lowest purchase rate is 9.99% p.a. on the Business Vantage, with a $55 annual fee and 55 interest-free days.