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Worst bank in the world
Been with this bank way too long, 15 years plus. Only had a credit card with them and have been totally ripped off by them for years. Don't bank with these lowlife
Terrible to deal with.
Straight forward refinance took over 6 months, 7 different assessors reviewed and gave approval only for it to be revoked without warning after all that wasted time.
Went to another bank and they processed the refinance within 1 week.
Disgrace - never again BOM.
Terrible phone customer service
Our credit card was lost and we have received a new card. They have put a block on card and I had to go to a branch to unblock my account. But credit card itself was still blocked and when I called them I was on hold for 1 hour and 36minutes and no response! It is very disappointing and frustrating to get=t this terrible service from Bank of Melbourne.
Keep taking money out my account when I transfer and do payid. Called them and they disagreed but I have all proof! They then decided to reimburse me the money they took over a period of time! Unbelievable
5.41% Homeloan at Bank of Melbourne going to NAB for 2.85%.
5.41% Homeloan at Bank of Melbourne. Refinanced with NAB for 2.85% and now Bank of Melbourne delay discharge for 2 weeks. I am on the phone for 46 min still waiting to speak to someone from Bank of Melbourne
Not a good experience at all
Not a good experience at all,1) every time when I transfer money to someone, the screen shot I take always have my balance on it, Which means the other person who receive my payment screen shot will see how much money i have in this account, that should be my privacy, right?? 2) i do online changing my address , the system only allow me to change my offset accounts, instead of all my accounts, if you cannot change all of the accounts, how come you make half changed, so weird.... Wasting my time, when I try to call them, They asked 2 questions, my answer doesn't have problem, but they told me go to the branch to change, as my answer doesn't satisfy them, so disappointed....
The bank of melbourne used to be a great bank even up to a few years ago. Now they are horrible. We were told the only way to purchase a new home was to work more and sell our current home first. Despite my wife and i both working and being on very comfortable salaries, and having 60% equity in our current home. We enquired about our affordability anyway and 2 months later we have not heard back. Thankfully we went to see a mortgage broker who was able to meet our needs and we will be switching banks
Stay away at all costs
Absolutely just out to rip you off and take your money. Customer service- they couldn’t manage that if it hit them in the face. Stay away at all costs. St George in Burleigh is however wonderful - under the same umbrella, perhaps they need to have the same training.
ffs freaking not happy
went to deposit funds in the atm last night. the buttons on the atm were not working. it ate my card and took the funds. tried to call them only to find they don't have an after-hours number. called today and after 38 minutes on hold listening to justin bieber i hung the hell up. useless bank. they don't give a damn about the customers.
Bank of Melbourne - A blight on westpac's portfolio
We have been with this bank for over 15 years. Our salaries have been going here since we started. We transferred our home loan here some years ago, and due to poor service we transferred to ING. I have an issue with Kingdom Warehouse, a company I have also listed with a one star review due to not sending my goods. I tried to dispute the transaction with BOM online, which is the way they want us to bank. I get to send my request and get a screen saying this can't be done, contact the bank by phone during business hours. I sent a complaint to th...e bank about this. 2 days later I get an automated response saying they'll try and get back to me within 5 days from now. This was my complaint to them, that they don't respond quickly enough, don't provide adequate face to face service, direct customers to online banking and then direct us to telephone service, which tells you to go on the web page whilst they keep you on hold until you hang up. Time to move our accounts to ING also. This bank is unreliable, take no pride in customer service, pay no heed to customer's years of loyalty. This is a horrible institution that Westpac should cut loose. What a joke.
Worst bank I have seen entire my life
I am trying to settle my home loan over a month now and still struggling to get it done. BOM has the worst customer service. I have to wait at least 30 minutes to get the line even after they will happily give you a NO UPDATE. Don’t even think to go with BOM it will waste your time and money. They doesn’t care about your needs. You will be helpless. WORST BANK.
Terrible Experience with Home Loan Application
They made difficulties to me when processing the fully approval which caused a late settlement and a late settlement fee of $495. And at the time I’m writing this review, they are still holding my first home owner grant which SRO has paid to them 10 days ago! My broker is very diligent and called them hundreds of times every day. But these guys are just very hard to reach to. I would recommend people to avoid this bank if you have other home loan choices.
Best Bank By Far!
I have been with this bank for only a short time now after switching from Commonwealth (AKA the worst financial institution known to mankind) and I have to say that it was a great decision, and I have zero regrets since! The customer service is top notch on the few occasions I have had to call, the branches are clean and well-maintained (take notes CommBank!) and the fees upon fees I was accustomed to before are nonexistent. Very reasonable and competitive rates. It's also cool how they support many local ventures in Melbourne, like the new arts precinct for instance. Just overall a great bank, don't hesitate to switch!
Worst bank - Bank of Melbourne, St George, Westpac
Haven’t even been with this bank for one year and I have had sooo many issue with them. First I bought something which they thought was fraud. Not only did they cancel my credit card but all my accounts and loans. Ten told me I had to go in all to a branch to verify my identity. It was a weekend and no branches open at all. I couldn’t even spend $2 of my own money on a bottle of water.
Today I found out that if you move your home loan to fortnightly that you pay additional per year because you pay half of the monthly payment x 26. Not the appr...
Still waiting 3 weeks after approval
I wish I had seen all these reviews before applying to refinance with the Bank Of Melbourne. I went through a broker and bedazzled by rates & cash bank incentives. The application took 3 months to get approved. They kept asking for the same documents over and over, that I had already provided. Even after approval they were still asking for more documents. It's been over 3 weeks since I had full approval and I have zero idea as to when I will get my money. There has been no communication (expect asking for more documents) as to when settlement might be? Is it too late to find another bank? They are not even worth the one star. It has been quiet stressful and I have had to put my renovation on hold as who only knows when I will get the money?
Questions & Answers
Hi i transferd money from my old account (nab) to my new account bank of melbourne on sunday 11th feb 18 and its now monday 12th feb at 10pm and still nothing how long does it take normally to get money in your bank of melb account because this is pathetic
Make sure all your details are in, even you date of birth, who you have loved in your life, who you have met on trains, where you have lived, & who with, whatever you can think of, even if you dye your hair...... They are so fanatical, it's mad.....&.. YOU have to tell them, THEY DON'T ASK You!! They are so protective of themselves, they want to know what brand knickers you are wearing, & when you last washed them.............. Is all that safe? Not always, I'm still waiting! 2wks Late already! Grrrrrr!!!!! Take a list of this with the answers, as they DO NOT ASK YOU!!! GRRR! But, end of the day, the Staff are nice... It's their idiotic system, They should have a list of queries too!
I am not sure but I would recommend going to Westpac and opening a Westpac Choice Account and a Westpac eSaver account since you get better interest on those accounts.
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