St.George Amplify Platinum Credit Card

Pauline Hatch

Pauline is a personal finance expert at CreditCard.com.au, with 8 years in money, budgeting and property reporting under her belt Ask Pauline a Question about this card.

The St.George Amplify Platinum Credit Card

Do you love your credit card? While some cardholders put up with their card simply because it does the job, others love the various features and extras their card has to offer, saying thank you to their card every time it rewards them with a new travel adventure or some VIP treatment.

Providing some exceedingly pleasant platinum perks, the St.George Amplify Platinum Credit Card is a rewards card you could certainly learn to appreciate. With the opportunity to choose between two rewards programs – this is one platinum offering that we think is worth a closer look. If you want to earn Qantas points, click here to see the St.George Amplify Platinum Credit Card with Qantas Rewards.

What we love...

As usual, it’s the headline act that gets all the attention. In this case, that’s this card’s bonus Amplify Points offer. Currently, you will receive 130,000 bonus Amplify Points (worth up to $550 in eGift cards) when you apply for a new St.George Amplify Platinum Credit Card by 24 February 2022 and spend $3,000 on eligible purchases in the first 90 days from card approval.

As for your everyday earn rate, that will depend on which rewards program you opt for. If you choose the Qantas Rewards program, you could earn 0.5 Qantas Points per $1 spent on eligible purchases within Australia and overseas, with the opportunity to earn double points on purchases with Qantas Frequent Flyer Program partners.

On the other hand, if you opt for the Amplify Rewards program, you could earn 1 point per $1 spent, to be redeemed on gift cards, retail vouchers, and merchandise, or used on frequent flyer programs such as Malaysia Airlines’ Enrich and Singapore Airlines’ KrisFlyer.

And points earned on the Qantas program? They can be redeemed within the Qantas Store on more than 3,000 products, experiences and vouchers, or used for flights and upgrades with Qantas or one of its 35 partner airlines.

Whether you opt for the Amplify Rewards program or the Qantas Rewards program, 130,000 is a nice chunk of points to play with. For example, a $50 e-gift card from various merchants including JB Hi-Fi, Harvey Norman, Woolworths, David Jones, and many others is worth 11,100 Amplify Points. You can also get your hands on exciting merchandise such as Apple Airpods Pro for 118,525 Amplify Points. Flights are available starting from 29,550 points and hotels from 27,800 points.

Point calculations accurate at the time of publishing (which may be subject to change without notice).

As part of St.George Amplify Platinum Credit Card’s awesome intro offers, you can also enjoy 0% p.a. for 24 months on balance transfers requested at card application. A one-off 1% balance transfer fee applies and at the end of the intro period, the interest rate reverts to cash advance rate. You can transfer your existing credit card debt, and the long introductory period can help you avoid interest costs and pay off your bills more quickly.

The savings do not stop there. This card also offers a discounted annual fee in the first year. Instead of paying $99, you only pay $49. Yes - that's an additional $50 in savings!

What’s not so great...

In order to get the most out of a credit card, it pays to read the small print. With the St.George Amplify Platinum Credit Card, be aware that balance transfers and cash advances attract a relatively high rate of interest after the promotional period ends, and there is a significant – but not ridiculous – annual fee to cover.

Why should you choose this card?

The main reason for choosing this card is its introductory offers and Amplify Points earn. However, it does have some convenient platinum perks that you might find come in handy along the way.

These include travel insurance on trips up to three months for you and your spouse and/or dependent children, extended warranty insurance on purchases, and one additional cardholder at no extra cost.

Overall Rating

A very appealing rewards card with a good earn rate over two rewards programs, balance transfer offer, and some handy platinum extras - all for a discounted $49 annual fee in the first year.