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
Finding the best rates…
Credit Cards Comparison
Bank One
Bank of Melbourne
Best available
From 9.99% p.a.
Line-up
8 live products
VS
Bank of Melbourne vs CommBank
Compare Bank of Melbourne and CommBank credit cards in March 2026. Bank of Melbourne offers 8 cards with purchase rates from 9.99% p.a., while CommBank has 14 cards starting at 0.00% p.a.
VS
14 live products
CommBank
Best available rate
0.00%p.a.
Interest-free Low Fee Credit Card
Highest ranked offer currently surfaced for this bank on the compare page.
Annual fee
$0
Interest-free
0 days
Rewards
None
Live edge
CommBank has the lower purchase rate by 20.99%, which is about $1,049 a year on a $5,000 carried balance.
20.99% gap
Feature Comparison
Side-by-side view of the strongest offers surfaced above.
| Feature | Bank of Melbourne | CommBank |
|---|---|---|
| Purchase rate | 20.99% | 0.00% |
| Annual fee | $0 | $0 |
| Interest-free days | 55 | 0 |
| Has rewards | Yes | No |
All Bank of Melbourne Products
Every tracked credit cards option from Bank of Melbourne.
All CommBank Products
Every tracked credit cards option from CommBank.
Bank of Melbourne's Business Vantage charges 9.99% p.a. with a $55 annual fee, while CommBank's Interest-free Low Fee Credit Card sits at 0.00% p.a. with a $0 annual fee. CommBank's lower rate saves approximately $500/year on a $5,000 balance.
Quick Comparison
| Feature | Bank of Melbourne | CommBank |
|---|---|---|
| Purchase Rate | 9.99% | 0.00% |
| Annual Fee | $55 | $0 |
| Interest-Free Days | 55 | 0 |
| Rewards Program | None | None |
Common Questions
Bank of Melbourne vs CommBank FAQs
Which bank has the lower credit card rate, Bank of Melbourne or CommBank?
CommBank offers the lower purchase rate at 0.00% p.a. Annual fees and rewards should also be considered when comparing.
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.
What is CommBank's lowest credit card rate in 2026?
CommBank's lowest purchase rate is 0.00% p.a. on the Interest-free Low Fee Credit Card, with a $0 annual fee and 0 interest-free days.