Melbourne, the capital of Victoria, is home to headquarters of two major Australian banks, NAB and ANZ. The city also houses branches of various nationals and foreign banks. You can find a multitude of options when it comes to choosing a credit card in Melbourne. For instance, you can easily get a rewards credit card or a credit card with 0% annual percentage rate (APR) for balance transfers.
Melbourne Credit Card: Types
Here are some of the major Australian banks that offer attractive credit cards:
National Australia Bank (NAB): With its headquarters in Melbourne, this is the world’s 17th largest bank in terms of market capitalization. NAB offers the following credit cards:
NAB Low Rate Visa Card: This card features
- 0% per year on purchases for up to 6 months
- 4.99% each year on balance transfers for up to 6 months
- A choice of 2 colors, silver or pink
NAB Visa Mini: This card offers the following benefits:
- Up to $120 cash back to your account each year
- Low $24 annual card fee
- Up to 55 days interest free on purchases
- Credit card in 5 attractive colors
NAB Qantas Credit Cards: Ideal for everyday purchases,this card lets you earn Qantas Frequent Flyer points.
Australia and New Zealand Banking Group Limited (ANZ): This is the fourth largest bank in the country. It offers the following credit cards:
ANZ First Visa: Best for everyday use, this card entails the following benefits:
- Low $30 annual account fee
- Up to 44 days interest free credit on purchases
ANZ Low Rate MasterCard®: This card features
- 12.49% per year interest rate on purchases
- Save with an introductory balance transfer offer of 2.9% per year for the first 12 months
ANZ Balance Visa: Suitable for frequent flyers, this card lets you earn rewards. Other features include:
- Competitive interest rate on purchases of 13.49% annually
- Reward Points for reducing your balance
- Redeem Reward Points for Gift Cards, Cashback and Shopping Vouchers
You can also find great credit card deals at other banks in Australia, including Westpac, American Express, Bank of America, Bank of China, Bank of South Australia, Bankwest, Bendigo Bank and BNP Pacific.