- Choose between Qantas rewards or Amplify Rewards
- Complimentary insurances
- Double points earn on international spend
- No annual fee the first year, $89 p.a. thereafter
Want to earn rewards on your business spending? A business rewards card could be right up your alley! Offering a selection of very usable features, the BankSA Amplify Business Credit Card is a business rewards card that allows cardholders to earn and redeem points on either the Amplify Rewards program or the Amplify Qantas program. Is it for you? Let’s find out.
One of the things we love most about the BankSA Amplify Business Credit Card it its money-saving introductory offers. Not only does this appealing piece of plastic have $0 annual card fee for the first year.
Now, on to the rewards. As a rewards credit card, one of the most attractive features this card has for some cardholders is its rewards program. Luckily, it has two to choose from, with uncapped points on offer.
If you opt for the Amplify Rewards program, you could earn 2 points per $1 spent on overseas purchases, 1 point per $1 spent on purchases within Australia, and 0.5 points per $1 spent on government payments.
Points can be redeemed on a wide range of products, including homewares, appliances, entertainment and gift cards, or for travel, on domestic and international flights on a variety of major airlines, or on accommodation, holiday packages and car hire through Amplify Travel.
Airlines involved in this rewards program include Malaysia Airlines' Enrich program and Singapore Airlines' KrisFlyer program.
If you prefer to fly Qantas, you may want to opt for the Amplify Qantas program, where you could earn 1 point per $1 spent on overseas purchases, 0.5 points per $1 spent on purchases within Australia, and 0.25 points per $1 spent on government payments.
The points you earn could be redeemed for flights and upgrades with Qantas or one of its 35 partner airlines, or on more than 3,000 products, experiences and vouchers from within the Qantas Store.
While there’s a lot to like about the BankSA Amplify Business Credit Card, there is also some points to pay attention to. For example, this is not a low rate card. With its relatively high rate of interest on purchases, it’s best to avoid interest payments altogether by clearing the balance each month.
In addition, if you decide to earn on the Amplify Qantas program, you may want to compare this card’s earn rate with other Qantas rewards cards on the market. You may find the earn rate on the BankSA Amplify Business Credit Card is lower than you would like.
Want to know more before making up your mind? Check out these features before making a decision. The card offers several complimentary insurances, including transit accident insurance, business inconvenience insurance and unauthorised transaction insurance.
As a personal liability credit card, it also provides up to three additional cardholders, as well as simplified tax reporting, with the ability to export expenses directly to MYOB and BAS, or download as an Excel file to make analysis of business transactions simple.
A convenient business rewards card offering the choice of two rewards programs, useful tools and features, and introductory offers that include $0 annual fee for the first year.
Purchase rate 19.49% p.a.
Cash advance rate 20.24% p.a.
Interest free period on purchases up to 55 days
Minimum credit limit $1,000
Maximum credit limit N/A
Annual fee $89 p.a.
Additional card holder fee Up to 3 at no extra cost
Foreign transaction fee 3%
Minimum repayment 2% or $10, whichever is greater
Annual fee the first year $0
Cash advance fee 2% or $2.50, whichever is greater
Late payment fee $15
Rewards Program Amplify Rewards
Bonus points N/A
Annual points cap uncapped
Bonus points spend criteria N/A
Amplify Rewards points 1 point per $1 spent
Points cap per month N/A
Overseas earn rate 2 points per $1 spent
International Travel Insurance No
Flight Inconvenience Insurance No
Transit Accident Insurance Yes
Smartphone Screen Insurance No
Purchase Protection Insurance No
Extended Warranty Insurance No
Rental Vehicle Excess In Australia Insurance No
Business Inconvenience Insurance
Unauthorised Transaction Insurance
This business card lets you earn uncapped points and double points earn on international spending. $1 spent gets you 1 Amplify point or 0.5 Qantas point. $0 annual card fee for the first year. Annual fee is $89 thereafter. Add up to 3 additional cardholders. Enjoy a range of complimentary insurance covers – including Transit Accident Insurance, Business Inconvenience Insurance and Unauthorised Transaction Insurance.
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.
Be over 18 years old
Good Credit and have not applied for multiple credit cards recently
Australian permanent resident
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.
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