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 NAB
Compare Bank of Melbourne and NAB credit cards in March 2026. Bank of Melbourne offers 8 cards with purchase rates from 9.99% p.a., while NAB has 10 cards starting at 13.25% p.a.
VS
10 live products
NAB
Best available rate
15.50%p.a.
NAB Business Card
Highest ranked offer currently surfaced for this bank on the compare page.
Annual fee
$0
Interest-free
35 days
Rewards
None
Live edge
NAB has the lower purchase rate by 5.49%, which is about $274 a year on a $5,000 carried balance.
5.49% gap
Feature Comparison
Side-by-side view of the strongest offers surfaced above.
| Feature | Bank of Melbourne | NAB |
|---|---|---|
| Purchase rate | 20.99% | 15.50% |
| Annual fee | $0 | $0 |
| Interest-free days | 55 | 35 |
| Has rewards | Yes | No |
All Bank of Melbourne Products
Every tracked credit cards option from Bank of Melbourne.
All NAB Products
Every tracked credit cards option from NAB.
Bank of Melbourne's Business Vantage charges 9.99% p.a. with a $55 annual fee, while NAB's NAB Low Rate Business Card sits at 13.25% p.a. with a $60 annual fee. Bank of Melbourne's lower rate saves approximately $163/year on a $5,000 balance.
Quick Comparison
| Feature | Bank of Melbourne | NAB |
|---|---|---|
| Purchase Rate | 9.99% | 13.25% |
| Annual Fee | $55 | $60 |
| Interest-Free Days | 55 | 55 |
| Rewards Program | None | None |
Common Questions
Bank of Melbourne vs NAB FAQs
Which bank has the lower credit card rate, Bank of Melbourne or NAB?
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 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 NAB's lowest credit card rate in 2026?
NAB's lowest purchase rate is 13.25% p.a. on the NAB Low Rate Business Card, with a $60 annual fee and 55 interest-free days.