- Earn up to 200,000 Bonus Amplify Rewards Points over 2 years (100,000 points each year) when you spend $12,000 on eligible purchases each year. New cards only
- Enjoy 0% p.a. interest on balance transfers for 24 months when requested at card application, 1% BT fee applies and reverts to cash advance rate. New cards only
- Earn 1.5 Amplify points for every $1 spent on eligible purchases, uncapped
- 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
- Birthday bonus: Within 4 weeks of your birthday, receive an additional 10% of the points earned in the last 12 months
- Visa Luxury Hotel Collection
- Get an additional cardholder at no extra cost
- Eligible with Apple Pay, Google Pay and Samsung Pay
Hi, we spend most of our time trying to help people and we will answer your question within a business day.
Bank of Melbourne Credit Cards
Bank of Melbourne Amplify Signature Credit Card
Updated 27 October 2021
Earn up to 200,000 Bonus Amplify Rewards Points over 2 years when you spend $12,000 on eligible purchases each year. Plus, enjoy 0% p.a. interest on balance transfers for 24 months, 1% BT fee applies. New cards only. Complimentary insurances, two Priority Pass lounge visits per year, access to Visa’s Luxury Hotel Collection, and birthday bonus points where you’ll receive 10% of the points earned in the past 12 months.
T&Cs apply. Offer ends 24 February 2022
Points Earn Rate (per $1 spent)
1.5 points
AmplifyRewards Program
Amplify Rewards
Bonus Points
Up to 200,000 pts
Over 2 years (100k in year 1, 100k in year 2) when you spend $12k on eligible purchases each year
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
Roland Bleyer
Credit Card Expert with over 15 years card experience and the founder of Creditcard.com.au. Ask Roland a Question about this card.
The Bank of Melbourne Amplify Signature Credit Card with up to 200,000 Bonus Points
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.
Not only does it offer a pretty decent earn rate over two rewards programs, it also provides plenty of prestige extras and a whopping 200,000 bonus points as an introductory offer when you choose Amplify Rewards. Plus, enjoy 0% p.a. interest on balance transfers for 24 months when requested at card application. 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.
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 each year over 2 years on eligible purchases, you will be credited with 200,000 bonus Amplify points (100,000 points year 1 + 100,000 points year 2).
Aside from bonus points, this introductory offer includes a 0% interest rate on balance transfers for 24 months (with a one-time 1% balance transfer fee) when requested at card application, reverts to cash advance rate.
This card showers bonus points to its members even on birthdays as you can earn an additional 10% of the points earned in the last 12 months within 4 weeks of your birthday. More points to earn on the Amplify program as you can get up to 1.5 Amplify points per $1 spent on eligible purchases, uncapped.
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 200,000 bonus Amplify Points (100,000 points year 1 + 100,000 points year 2), you will need to spend at least $12,000 on eligible purchases each 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.
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 200,000 in bonus points and 0% p.a. interest on balance transfers for 24 months.
User reviews
Rates and fees
Interest rates
Purchase rate 19.74% p.a.
Cash advance rate 21.49% p.a.
Interest free period on purchases up to 55 days
Balance transfer
Balance transfer rate 0% p.a. for 24 months
Balance transfer revert rate 21.49% p.a.
Balance transfer from personal loan No
Balance transfer fee 1% one off
Balance transfer limit 80% of approved credit limit
Banks you can't balance transfer from Bank of Melbourne, BankSA, St.George
Credit limits
Minimum credit limit $15,000
Maximum credit limit $80,000
Fees & repayments
Annual fee $279 p.a.
Additional cardholder fee $0 p.a.
Foreign transaction fee 3%
Minimum repayment 2% or $10, whichever is greater
Cash advance fee 2% or $2.50, whichever is greater
Late payment fee $15
Rewards and points
Rewards program
Rewards Program
Amplify Rewards
Bonus points Up to 200,000 points
Annual points cap uncapped
Bonus points spend criteria Over 2 years (100k in year 1, 100k in year 2) when you spend $12k on eligible purchases each year
Earning points with this card
Amplify Rewards points 1.5 points per $1 spent
Points cap per month N/A
Overseas earn rate same as standard earn rate
Additional features
Complimentary insurance
International Travel Insurance Yes
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 No
Extras
2 Priority Pass lounge visits per year
Celebrate birthdays with a 10% points bonus
Visa Luxury Hotel Collection
Eligible with Apple Pay, Google Pay and Samsung Pay
Overview
Bank of Melbourne Amplify Signature Credit Card
If you are interested in earning Qantas points instead please see the Bank of Melbourne Amplify Signature Credit Card with Qantas Rewards.
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 200,000 Bonus Amplify Rewards Points over 2 years (100,000 points each year) when you spend $12,000 on eligible purchases each year. New cards only
- Enjoy 0% p.a. interest on balance transfers for 24 months when requested at card application, 1% BT fee applies and reverts to cash advance rate. New cards only
- Earn 1.5 Amplify points for every $1 spent on eligible purchases, uncapped
- Birthday bonus: Within 4 weeks of your birthday, receive an additional 10% of the points earned in the last 12 months
- 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
-
Australian citizen or have a permanent residency visa
You have your personal details ready to complete the online application
Roland B Bleyer founded Creditcard.com.au in 2005 and has extensive knowledge about credit cards. He personally answers all questions and write the editor reviews for each card here. Always keen to share his passion to educate consumers and help you select better suited credit cards.
Recently Asked Questions
Something you need to know about this card? Ask a our credit card expert a question.
Ask a question5 questions (showing the latest 10 Q&As)
Featured Credit Cards
ANZ Frequent Flyer Black Credit Card
Up to 130,000 Qantas Points + $255 back
points earned over 12 months
Apply by 28 Feb 22
Qantas Premier Platinum Credit Card
90,000 bonus Qantas Points
points earned over 12 months
Stevie
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