- Earn up to 160,000 Bonus Amplify Rewards Points – 120,000 in year 1 when you spend $12k+ on eligible purchases, plus 40,000 after your first eligible purchase in year 2.
Discounted first-year annual fee of $199; $295 annual fee thereafter.
- Earn 2 Amplify Points per $1 on everyday spend, 3 Amplify Points per $1 on international spend, and 1 point per $1 on all other purchases (0.5 points per $1 once $10k spend per statement cycle is exceeded).
- Range of complimentary insurances such as interstate flight inconvenience insurance, up to 6 months overseas travel insurance, extended warranty, up to 4 months purchase security cover, and transit accident insurance
- 2 Priority Pass lounge visits per year with Amplify Rewards
- Visa Luxury Hotel Collection
- Get an additional cardholder at no extra cost
- Eligible with Apple Pay, Google Pay and Samsung Pay
Hi, I’m a personal finance expert who loves to help you out! I’ll answer your question within a business day. Pinky swear.
Bank of Melbourne Credit Cards
Bank of Melbourne Amplify Signature Credit Card
Updated 27 August 2025
Earn up to 160,000 Bonus Amplify Rewards Points – 120,000 points in year 1 when you spend $12,000+ on eligible purchases, plus 40,000 points after your first eligible purchase in year 2. Enjoy complimentary insurances, 2 Priority Pass lounge visits per year, and access to Visa’s Luxury Hotel Collection.
New cards only. T&Cs apply.
Points Earn Rate (per $1 spent)
2 points
Capped at $10,000 spend per statement cycle; further eligible purchases in that cycle earn 0.5 Amplify points per $1.
Rewards Program
Amplify Rewards
Bonus Points
up to 160k pts
120k pts 120,000 in year 1 when you spend at least $12k + 40k pts after 12 months. T&Cs apply.
Pros and cons
- To be eligible for entire bonus points offer, you have to spend $12k on eligible purchases each year over 2 years
Creditcard.com.au review
Editor Review
Bank of Melbourne Amplify Signature Credit Card
Pauline Hatch
Pauline is a personal finance expert at CreditCard.com.au, with 9 years in money, budgeting and property reporting under her belt. Ask Pauline a Question about this card.
Looking for a prestige rewards card with plenty of perks? Touted as Bank of Melbourne’s ‘most rewarding credit card’, the Bank of Melbourne Amplify Signature Credit Card could be right up your alley.
It comes with an enticing introductory offer for new cardholders - up to 160,000 Bonus Points, discounted first year annual fee.
Not only does this card offer a strong earn rate across two rewards programs, it also provides plenty of prestige extras and up to 160,000 bonus points as an introductory offer when you choose Amplify Rewards. Plus, enjoy a discounted first year annual fee of $199 (a saving of $96, reverts to $295 thereafter). If you want to earn Qantas points instead see the Bank of Melbourne Amplify Signature with Qantas. Want to find out more? Let’s dive in.
Point calculations are accurate as of 27 August 2025 but may be subject to change without notice. All routes may have additional taxes and charges. Check on the official Bank of Melbourne page for the updated calculations.
What we love...
First on the agenda is the intro offer. Quite simply, if you apply for the Bank of Melbourne Amplify Signature Credit Card and spend $12,000 in the first year on eligible purchases, you will be credited with 120,000 bonus Amplify points. Plus, you can get an additional 40,000 bonus points if you keep your account open for more than 12 months and continue to use the card. To give you an idea, 11,100 Amplify Points can currently get you a $50 e-gift card from a range of merchants such as David Jones, Myer, Harvey Norman and many others.
Aside from bonus points, this introductory offer includes a discounted first year annual fee. New cardholders will be charged $199 card fee instead of the standard $295 - that's $96 in savings! The reduced first year card fee will be debited to your card account by the time you make your first transaction, and the full card fee will be debited annually, thereafter.
What’s not so great...
We really can’t talk about all the good bits without mentioning the bad bits. When it comes to the Bank of Melbourne Amplify Signature Credit Card, it’s worth bearing in mind the card has a significant annual fee, and relatively high rates of interest on purchases and cash advances.
To be eligible for the 180,000 bonus Amplify Points, you will need to spend at least $12,000 on eligible purchases in the first year and keep your account open and continue to use the card in the second year. This is fine if you were planning on spending that amount anyway – and you pay it off before it attracts interest – but not so good if you are only spending to get the points in return.
Also, just note that you won't be eligible for the bonus points offer if you currently hold or have held an Amplify, Amplify Platinum or Amplify Signature card issued by Bank of Melbourne, St.George or BankSA in the last 12 months.
Why should you choose this card?
Choosing this card should come down to a balance of value. Do you pay out more than you get in return? Or is the outlay worth it in overall value? To help you weigh that up, here are some more of the card’s features that you might find beneficial.
As a cardholder, you will be given two Priority Pass lounge visits per year to any of more than 1300 participating airport lounges worldwide regardless of the class of travel or airline you're flying.
Cardholders also benefit from complimentary retail and travel insurances such as interstate flight inconvenience insurance, up to 6 months overseas travel insurance, extended warranty, up to 4 months purchase security cover, and transit accident insurance; automatic membership to Visa’s Luxury Hotel Collection; exclusive concierge services; up to 55 days interest free on purchases; and one free additional cardholder.
Overall Rating
A prestige rewards card offering a great earn rate over two rewards programs, an array of features and extras, up to 160,000 in bonus points, a discounted first year annual fee.
User reviews
Rates and fees
Interest rates
Purchase rate 20.99% p.a.
Cash advance rate 21.99% p.a.
Interest free period on purchases up to 55 days
Credit limits
Minimum credit limit $15,000
Maximum credit limit $80,000
Fees & repayments
Annual fee $295 p.a.
Additional cardholder fee $0 p.a.
Foreign transaction fee 3%
Minimum repayment 2% or $10, whichever is greater
Annual fee the first year $199
Cash advance fee 3%
Late payment fee $15
Rewards and points
Rewards program
Rewards Program
Amplify Rewards
Bonus points up to 160k points
Annual points cap uncapped
Bonus points spend criteria 120k pts 120,000 in year 1 when you spend at least $12k + 40k pts after 12 months. T&Cs apply.
Earning points with this card
Amplify Rewards points 2 points per $1 spent
Points cap per month Capped at $10,000 spend per statement cycle; further eligible purchases in that cycle earn 0.5 Amplify points per $1.
Overseas earn rate 3 points per $1 spent
Additional features
Complimentary insurance
International Travel Insurance Yes - up to 6 months
Flight Inconvenience Insurance Yes
Transit Accident Insurance Yes
Smartphone Screen Insurance No
Purchase Protection Insurance Yes
Extended Warranty Insurance Yes
Rental Vehicle Excess In Australia Insurance Yes
Extras
Travel insurance underwritten by Allianz Australia Insurance Limited
Visa Luxury Hotel Collection
Eligible with Apple Pay, Google Pay and Samsung Pay
2 Priority Pass lounge visits per year
Overview
Bank of Melbourne Amplify Signature Credit Card
Disclaimer: The interest-free period is the maximum number of days during which interest is not charged on new purchases. If your account has an interest-free period for purchases, to be entitled to that interest-free period, you need to pay off the “monthly payment balance” listed on your statement of account (not the full closing balance) by the relevant payment due date.
Key features
- Earn up to 160,000 bonus Amplify Rewards Points – 120,000 points when you spend $12k on eligible purchases in the first year, plus 40,000 points after your first eligible purchase in year 2.
- Discounted first-year annual fee of $199; $295 annual fee thereafter.
- Earn 2 Amplify Points per $1 on everyday spend, 3 Amplify Points per $1 on international spend, and 1 point per $1 on all other purchases (0.5 points per $1 once $10k spend per statement cycle is exceeded).
- Up to 55 days interest-free on purchases
- Range of complimentary insurances such as interstate flight inconvenience insurance, up to 6 months overseas travel insurance, extended warranty, up to 4 months purchase security cover, and transit accident insurance
- 2 Priority Pass lounge visits per year with Amplify Rewards
- Visa Luxury Hotel Collection
- Exclusive Concierge Services
- Free additional cardholder
- Eligible with Apple Pay, Google Pay and Samsung Pay
Minimum criteria to apply for this card
-
Be over 18 years old
-
Good Credit and have not applied for multiple credit cards recently
-
Permanent resident in Australia/NZ OR; Non-resident or migrant that holds an acceptable Visa, with a minimum 1 year before expiry
You have your personal details ready to complete the online application
Pauline is a personal finance expert at CreditCard.com.au, with 9 years in money, budgeting and property reporting under her belt. Pauline is passionate about seeing Aussies win by making their money – and their credit cards – work smarter, harder and bigger
Recently Asked Questions
Something you need to know about this card? Ask our credit card expert a question.
Ask a question13 questions (showing the latest 10 Q&As)
Featured Credit Cards
ANZ Rewards Black Credit Card
Up to 180k extra ANZ Reward Points + $100 back
points earned over 12 months
Qantas American Express Ultimate Credit Card
Up to 90,000 bonus Qantas Points
points earned over 12 months
American Express Velocity Platinum Credit Card
100,000 bonus Velocity Points
points earned over 12 months
Joseph
20 August 2025Pauline
24 August 2025De
23 March 2024Pauline
28 March 2024Kate
27 March 2023Pauline
28 March 2023Lijo Dominic
22 November 2022Pauline
23 November 2022Adam
18 October 2022Pauline
19 October 2022Khen
21 December 2021Pauline
21 December 2021Khen
18 December 2021Pauline
20 December 2021William Li
29 October 2021Pauline
1 November 2021Stevie
17 July 2020Roland
20 July 2020Jane
15 July 2019Roland
16 July 2019Noel Marshall
24 February 2019Roland
25 February 2019Brett
2 April 2018Roland
3 April 2018Mark Attard
2 January 2017Roland
3 January 2017