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Bank of Melbourne Amplify Credit Card
2 reviews

Bank of Melbourne Amplify Credit Card

Apply by 2 October 2019

points over 12 months Calculate your savings icon

Earn rate per $1

1 point Amplify Rewards

Bonus points

N/A

Annual fee

$79 p.a.

Pros

0% p.a. for 14 months on purchases

Choice to earn Amplify Rewards points or Qantas Points

Earn 1 Amplify point for every $1 spent or 0.5 points Qantas points for every $1 spent on all eligible purchases, uncapped

Cons

Ongoing purchase rate of 19.74% p.a.

100% of customers who have rated this card would recommend it
  • Rates
    27%
  • Fees
    57%
  • Rewards
    79%
  • Customer Service
    72%
  • Value
    59%
Overall user rating 59%
2 reviews
Interest Rates
Purchase rate 19.74% p.a.
Introductory purchase rate 0% p.a. for 14 months
Cash advance rate 21.49% p.a.
Interest free on purchases up to 55 days
Balance Transfer
Banks you can't balance transfer from Bank of Melbourne ,BankSA ,St.George
Credit limits
Minimum credit limit $1,000
Maximum credit limit $25,000
Fees & repayments
Annual fee $79 p.a.
Additional cardholder fee $0 p.a.
Cash advance fee 2%
Foreign transaction fee 3%
Minimum repayment 2%
Late payment fee $15
Credit card type Visa
Rewards program
Rewards program Amplify Rewards Amplify Rewards
Annual points cap uncapped
Bonus points spend criteria N/A
Earning points with this card
Amplify points 1 point per $1 spent
Overseas earn rate same as standard earn rate
Points cap per month N/A
Complimentary insurance
Flight inconvenience insurance No
Transport accident cover No
Smartphone screen insurance No
Purchase protection insurance No
Extended warranty insurance No
Rental vehicle excess cover No

Bank of Melbourne Amplify Credit Card

Roland Bleyer
Credit Card Expert with over 15 years card experience and the founder of Creditcard.com.au.

The Bank of Melbourne Amplify Credit Card

After having spent some time investigating rewards cards to find out what they have to offer, it’s quite likely you’re more confused now than when you started.

With different earn rates on offer, different rewards programs to choose from, and different fees to take into account, comparing rewards cards can become somewhat bewildering.

Luckily, the Bank of Melbourne Amplify Credit Card keeps things simple, while also allowing you to choose between two different rewards programs.

This means you can choose the rewards program that you like best, while taking advantage of all the easy-to-understand features the card has to offer.

Let’s dig a little deeper to find out more.

What we love...

While the Bank of Melbourne Amplify Credit Card is first and foremost a rewards card, one attractive feature you may enjoy right now is its 0% p.a. purchase offer.

If you want to make purchases with this credit card while saving money on interest, this card could help you achieve that, providing you with 0% p.a. on purchases for 14 months.

Now, on to the rewards program. As we said, the Bank of Melbourne Amplify Credit Card lets you choose between two rewards programs, so you can either earn and redeem points on the Amplify program or the Qantas program.

If you opt for the Amplify program, you can earn 1 point per $1 spent on eligible purchases, with no points capping.

These points can be redeemed on frequent flyer programs such as Virgin Australia’s Velocity, Malaysia Airlines’ Enrich and Singapore Airlines’ KrisFlyer programs, or alternatively, you could choose to redeem your points for gift cards, retail vouchers, homewares, travel and more.

On the other hand, if you think you would get more from the Qantas program, you could earn 0.5 Qantas Point per $1 spent on all eligible purchases, again, with no points capping.

These points can be redeemed for flights and upgrades with Qantas and its 35 partner airlines, or you could choose from more than 3,000 products, experiences and vouchers from the Qantas Store.

What’s not so great...

In addition, be aware that at the end of the introductory period the purchase rate reverts 19.74% p.a. Take note that on this card, the cash advance rate and purchase rate are both relatively high.

Why should you choose this card?

With all that in mind, you should be able to decide whether this card is right for you. But, to help you make your decision easier, here are few other redeeming features you might find useful.

As a cardholder, your annual fee is pretty reasonable, plus you can benefit from up to 55 days interest free on purchases, while one free additional cardholder could help you rack up rewards points faster. Fraud monitoring and contactless payments come as standard.

Overall Rating

A low-end rewards card that provides two rewards programs to choose from, a decent earn rate, and a fantastic 14-month 0% p.a. purchase offer. Offer ends 2 October 2019.

3 questions (showing the latest 10 Q&As)

david

david

30 January 2017
what is the max how you transfer over from your current provider ?
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    31 January 2017
    Hi David, you can transfer all the balance of your current non-St George issued cards. Where the limitation is, you can only transfer up to 95% of your new approved limit. Therefore if you are approved for a $10,000 limit. Then you can transfer up to $9,500.
Boris

Boris

26 June 2016
Roland, can I have credit card balance transfer while I am semiretired?
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    27 June 2016
    Hi Boris, yes it is possible but will depend on your own personal financial situation. Many people receive income from their Superfund and may also receive a part pension. In the end it comes down to your credit history, your income v expenses and a range of other factors. If your credit card debt is non-St George group and you have good credit, then its worth applying to see how it goes. Best of luck with your application. Another option, if you have a mortgage, is to move the debt to this. Aka pay off your card with your home loan which may be another good option.
Vicki Greaves

Vicki Greaves

2 February 2016
Amplify rewards what can you use them for & do you get them for balance transfers
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    3 February 2016
    Hi Vicki, no points for balance transfers. Check out the Amplify rewards website, this is where / what you can redeem on.

Bank of Melbourne Amplify Credit Card

The Bank of Melbourne Amplify credit card currently offers 0% p.a. on purchases for the first 14 months. Reverts to 19.74% p.a. The annual card fee is $79. Earn 1 Amplify point for every $1 spent or 0.5 points Qantas points for every $1 spent on all eligible purchases, uncapped. The great strength of the product is it lets you choose between two rewards programs, the Amplify Rewards program or the Amplify Qantas program. That means you can choose to earn shopping rewards, use points with different domestic and international airlines and travel partners, and bonus points with Amplify partners, or Qantas Points to be used with QFF partners. As a Visa card this card can also come enabled for Visa PayPass for purchases less than $100. Offer ends 2 October 2019.

Key features

  • 0% p.a. for 14 months on purchases. Reverts to 19.74% p.a. purchase rate
  • Choice to earn Amplify Rewards points or Qantas Points
  • Earn 1 Amplify point for every $1 spent or 0.5 points Qantas points for every $1 spent on all eligible purchases, uncapped
  • $79 annual card fee
  • Get an additional cardholder at no extra cost
  • Up to 55 days interest free on purchases
  • Be over 18 years old
  • Good credit and not applied for multiple credit cards recently
  • Australian permanent resident. Temporary residents are eligible
  • You have your personal details ready to complete the online application
Bank of Melbourne Amplify Credit Card
Bank of Melbourne Amplify Credit Card

Bank of Melbourne Credit Cards

Bank of Melbourne Amplify Credit Card

Updated 13 September 2019

Apply by 2 October 2019

Points Earn Rate (per $1 spent)

1

point

Amplify

Rewards Program

Amplify Rewards

Bonus Points

N/A

0 points over 12 months spend

My monthly card spend

Pros and cons

  • 0% p.a. for 14 months on purchases
  • Choice to earn Amplify Rewards points or Qantas Points
  • Earn 1 Amplify point for every $1 spent or 0.5 points Qantas points for every $1 spent on all eligible purchases, uncapped

  • Ongoing purchase rate of 19.74% p.a.

Creditcard.com.au review

Editor Review

Bank of Melbourne Amplify Credit Card

Roland Bleyer
Credit Card Expert with over 15 years card experience and the founder of Creditcard.com.au. about this card.

The Bank of Melbourne Amplify Credit Card

After having spent some time investigating rewards cards to find out what they have to offer, it’s quite likely you’re more confused now than when you started.

With different earn rates on offer, different rewards programs to choose from, and different fees to take into account, comparing rewards cards can become somewhat bewildering.

Luckily, the Bank of Melbourne Amplify Credit Card keeps things simple, while also allowing you to choose between two different rewards programs.

This means you can choose the rewards program that you like best, while taking advantage of all the easy-to-understand features the card has to offer.

Let’s dig a little deeper to find out more.

What we love...

While the Bank of Melbourne Amplify Credit Card is first and foremost a rewards card, one attractive feature you may enjoy right now is its 0% p.a. purchase offer.

If you want to make purchases with this credit card while saving money on interest, this card could help you achieve that, providing you with 0% p.a. on purchases for 14 months.

Now, on to the rewards program. As we said, the Bank of Melbourne Amplify Credit Card lets you choose between two rewards programs, so you can either earn and redeem points on the Amplify program or the Qantas program.

If you opt for the Amplify program, you can earn 1 point per $1 spent on eligible purchases, with no points capping.

These points can be redeemed on frequent flyer programs such as Virgin Australia’s Velocity, Malaysia Airlines’ Enrich and Singapore Airlines’ KrisFlyer programs, or alternatively, you could choose to redeem your points for gift cards, retail vouchers, homewares, travel and more.

On the other hand, if you think you would get more from the Qantas program, you could earn 0.5 Qantas Point per $1 spent on all eligible purchases, again, with no points capping.

These points can be redeemed for flights and upgrades with Qantas and its 35 partner airlines, or you could choose from more than 3,000 products, experiences and vouchers from the Qantas Store.

What’s not so great...

In addition, be aware that at the end of the introductory period the purchase rate reverts 19.74% p.a. Take note that on this card, the cash advance rate and purchase rate are both relatively high.

Why should you choose this card?

With all that in mind, you should be able to decide whether this card is right for you. But, to help you make your decision easier, here are few other redeeming features you might find useful.

As a cardholder, your annual fee is pretty reasonable, plus you can benefit from up to 55 days interest free on purchases, while one free additional cardholder could help you rack up rewards points faster. Fraud monitoring and contactless payments come as standard.

Overall Rating

A low-end rewards card that provides two rewards programs to choose from, a decent earn rate, and a fantastic 14-month 0% p.a. purchase offer. Offer ends 2 October 2019.

User reviews

Bank of Melbourne Amplify Credit Card ( based on 2 Creditcard.com.au user reviews )

59% rating based on 2 reviews

Rates
Fees
Rewards
Customer Service
Value

Rates and fees

Interest rates

Purchase rate 19.74% p.a.

Introductory purchase rate 0% p.a. for 14 months

Cash advance rate 21.49% p.a.

Interest free on purchases up to 55 days

Credit limits

Minimum credit limt $1,000

Maximum credit limit $25,000

Fees & repayments

Annual fee $79 p.a.

Additional card holder fee $0 p.a.

Foreign transaction fee 3%

Minimum repayment 2%

Cash advance fee 2%

Late payment fee $15

Rewards and points

Rewards program

Rewards Program Amplify Rewards Amplify Rewards

Bonus points N/A

Annual points cap uncapped

Bonus points spend criteria N/A

Earning points with this card

Amplify pointsAmplify points 1 point per $1 spent

Points cap per month N/A

Overseas earn rateOverseas earn rate same as standard earn rate

Additional features

Complimentary insurance

Overseas travel insurance No

Flight inconvenience insurance No

Transport accident cover No

Smartphone screen insurance No

Purchase protection insurance No

Extended warranty insurance No

Rental vehicle excess cover No

Overview

Bank of Melbourne Amplify Credit Card

The Bank of Melbourne Amplify credit card currently offers 0% p.a. on purchases for the first 14 months. Reverts to 19.74% p.a. The annual card fee is $79. Earn 1 Amplify point for every $1 spent or 0.5 points Qantas points for every $1 spent on all eligible purchases, uncapped. The great strength of the product is it lets you choose between two rewards programs, the Amplify Rewards program or the Amplify Qantas program. That means you can choose to earn shopping rewards, use points with different domestic and international airlines and travel partners, and bonus points with Amplify partners, or Qantas Points to be used with QFF partners. As a Visa card this card can also come enabled for Visa PayPass for purchases less than $100. Offer ends 2 October 2019.

Key features

  • 0% p.a. for 14 months on purchases. Reverts to 19.74% p.a. purchase rate
  • Choice to earn Amplify Rewards points or Qantas Points
  • Earn 1 Amplify point for every $1 spent or 0.5 points Qantas points for every $1 spent on all eligible purchases, uncapped
  • $79 annual card fee
  • Get an additional cardholder at no extra cost
  • Up to 55 days interest free on purchases

Minimum criteria to apply for this card

  • Be over 18 years old

  • Good Credit and have not applied for multiple credit cards recently

  • Australian permanent resident. Temporary residents are eligible

  • You have your personal details ready to complete the online application

Roland B Bleyer

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.

3 questions (showing the latest 10 Q&As)

david

david

30 January 2017
what is the max how you transfer over from your current provider ?
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    31 January 2017
    Hi David, you can transfer all the balance of your current non-St George issued cards. Where the limitation is, you can only transfer up to 95% of your new approved limit. Therefore if you are approved for a $10,000 limit. Then you can transfer up to $9,500.
Boris

Boris

26 June 2016
Roland, can I have credit card balance transfer while I am semiretired?
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    27 June 2016
    Hi Boris, yes it is possible but will depend on your own personal financial situation. Many people receive income from their Superfund and may also receive a part pension. In the end it comes down to your credit history, your income v expenses and a range of other factors. If your credit card debt is non-St George group and you have good credit, then its worth applying to see how it goes. Best of luck with your application. Another option, if you have a mortgage, is to move the debt to this. Aka pay off your card with your home loan which may be another good option.
Vicki Greaves

Vicki Greaves

2 February 2016
Amplify rewards what can you use them for & do you get them for balance transfers
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    3 February 2016
    Hi Vicki, no points for balance transfers. Check out the Amplify rewards website, this is where / what you can redeem on.

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