BankSA Amplify Platinum Credit Card – Qantas

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 BankSA Amplify Platinum Credit Card - Qantas

Earning points on the Qantas Frequent Flyer program, the BankSA Amplify Platinum Credit Card offers great everyday earning and a nice selection of platinum perks, including complimentary insurance cover. For a relatively low annual fee, cardholders can enjoy all that, plus 60,000 bonus Qantas Points after a $2,000 minimum spend.

What we love...

Looking first to the card’s introductory offer, the BankSA Amplify Platinum Credit Card is currently offering 60,000 bonus Qantas Points to new cardholders who apply and are approved by 30 September 2020. To be eligible for this nice little bonus, simply spend $2,000 on eligible purchases within 90 days of card approval.

Once you meet that minimum spend, your bonus points will be credited to your account within 12 weeks. You are then free to do as you like with them. Perhaps you want to jet away, redeeming 45,000 Qantas Points to fly from Sydney to Vegas. Or maybe it’s time for a shopping spree. For 40,400 Qantas Points you could get your hands on a $250 digital gift card for Myer.

Putting bonus points aside, the BankSA Amplify Platinum Credit Card makes everyday earning easy. Allowing you to earn points on the incredibly popular Qantas program, the card keeps it simple with an earn rate of 0.5 Qantas Points per $1 on all eligible purchases. You can also earn extra points on Qantas purchases – once with your card and once with the program partner.

With a host of Qantas rewards at your fingertips, you could choose to redeem your points for flights and upgrades with Qantas and its plentiful airline partners, pick up a tipple or two from Qantas Wine, or shop online at the Qantas Store, swapping those hard-earned points for kitchen appliances, sports equipment, tech or gift cards.

One more thing we love about this card is its annual fee. For a platinum card, the BankSA Amplify Platinum Credit Card has a fairly low annual fee. While it may not offer some of the more exclusive features offered on certain high-end platinum cards, it does have a reasonable earn rate and some nice extras.

What’s not so great...

While it may have an affordable annual fee, it’s worth pointing out that BankSA’s entry-level Amplify card has a lower annual fee and the same earn rate. It doesn’t, however, have the bonus 60,000 Qantas Points offer that this card has, or the selection of platinum extras. So if these offer value to you, that little bit extra in annual fees may be worthwhile.

In terms of interest, this card has a relatively high purchase rate, so it’s best to avoid interest payments altogether by clearing your balance month-to-month. You may also note that there is a 3% foreign transaction fee, so the value of any points you earn on overseas purchases may be reduced by that cost.

Why should you choose this card?

If you want a card that allows you to earn Qantas Points, but doesn’t cost over the odds in annual fees, the BankSA Amplify Platinum Credit Card may be for you. You can add one additional cardholder to earn points faster, and you can benefit from a number of excellent features.

These include extended warranty insurance, and travel insurance on trips up to three months, covering you, your spouse and your dependent children. Of course, certain eligibility requirements apply, so be sure to read the PDS before you travel.

Overall Rating

Keeping it simple, the BankSA Amplify Platinum Credit Card offers a decent earn rate on the Qantas program, 60,000 bonus Qantas Points with a $2,000 minimum spend, and some great platinum perks, including complimentary insurance covers.