The Amplify Signature Visa has 30,000 bonus Qantas points or Amplify points on offer, plus 0% interest on balance transfers for 18 months. You can also receive a 10% bonus reward of the points you earned for the previous year on your birthday.
- 30,000 bonus Qantas or Amplify points
- 0% interest on balance transfers for the first 18 months
- 1% p.a. interest on purchases for first 12 months after approval
- 0.75 Qantas Points or 1.5 Amplify Points for every $1 spent on eligible purchases in Australia
- 1.5 Qantas Points or 3 Amplify Points for every $1 spent on eligible purchases overseas
- Overseas Travel Insurance, Extended Warranty Insurance and Price Guarantee (PDS)
- 2 x Qantas Club or Priority Pass invitations per cardholder year
- Access to Visa Luxury Hotels program
- $279 annual fee
- Offer not available to existing St. George card holders, or those who have held a St. George-issued card within the last 12 months
- Offer ends: 30th March 2017
- $2,500 minimum spend required the first 90 days required to earn bonus points
Point Hacks earn up to $160 per applicant for this card. More about this →
St. George’s Signature Visa is a less well-known Visa offering 0.75 Qantas Points per dollar spent, or 1.5 Amplify Rewards points (which also equal 0.75 Velocity Points, KrisFlyer or Enrich Miles) and double points on overseas spend with no points caps.
The card is worth considering for the relatively high flexible points program earn rate outside of American Express – including (for now at least) the ability to earn points for non-business transactions made with the ATO.
The additional benefits of the card include a 10% points ‘birthday bonus’ on your spend for the previous year, which effectively increases your points earn rate on all your spend if you keep the card active. There are also two single entry lounge passes (Qantas or Priority Pass), insurances and access to Visa Luxury Hotels booking service.
Something to consider though – the St. George Amplify program has yet to see any changes to points earn rates in the most recent round of cuts by banks due to the recent changes in RBA legislation. That’s not to say it will happen – we don’t know, and don’t have any inside information on this – but we’re just flagging it as a possibility.
|Card||St. George Amplify Signature Visa|
|Loyalty program||Qantas Frequent Flyer or Amplify Rewards|
|Points earned from spend||0.75 Qantas Points per $ on Australian spend and 1.5 points per $ internationally
1.5 Amplify points per $ in Australia and 3 points per $ internationally
Plus 10% points bonus for your birthday
|Travel benefits||2 x Qantas Club invitations per cardholder year or Amplify Rewards Priority Pass membership
Access to the Visa Luxury Hotels program
|Included insurances||Amplify Signature Travel Service, international travel insurance, purchase security insurance, extended warranty cover plus more (PDS)|
|Overseas transaction fee||3% of the converted amount|
Effective Frequent Flyer Program Point Earn Rates
|Frequent Flyer Program||Domestic Spend||Overseas Spend|
|Qantas Points*||0.75 point / $||1.5 points / $|
|Velocity Points||0.75 point / $||1.5 points / $|
|Singapore Airlines KrisFlyer Miles||0.75 mile / $||1.5 miles / $|
|Malaysia Airlines Enrich Miles||0.75 mile / $||1.5 miles / $|
|* Qantas Points are only earned if selected upon receiving the card|
Earning points – Qantas vs the Amplify program
When you first get the card, you’ll need to choose whether you want it to accrue points into Qantas Frequent Flyer directly, on a monthly sweep basis, or into the Amplify Rewards program.
You’ll earn 0.75 Qantas Points per $ on Australian spend, and 1.5 points per $ internationally (but incurring a 3% fee). For Amplify rewards, you’ll earn 1.5 Amplify points per $ in Australia, and 3 points per $ internationally.
The benefit of Amplify Rewards is that you can accrue points which you can then have some flexibility in how you use them. There’s more on this approach to earning points in this overview of flexible points programs.
It’s worth realising that while you’ll earn twice as many points outright (on spend) by accruing to Amplify than Qantas, they are not equivalent in value, given the rates at which they transfer to partner airline programs – making it an even points earn proposition between choosing Qantas or Amplify.
The transfer rate to Virgin Australia’s Velocity, Singapore Airlines KrisFlyer and Malaysia Airlines Enrich program (Amplify’s three airline transfer partners) is 2 Amplify points : 1 airline point/mile.
All up, the points earn rate is decent for a Visa or MasterCard option – at 0.75 points (Qantas, or Velocity/KrisFlyer/Enrich) per $ spent – or 0.825 points per $ once you factor in the Birthday bonus. There are higher points earning cards out there at similar annual fees but you may be tied to either Qantas Frequent Flyer or Velocity only.
The St. George Amplify Visa is also included in our round up of cards that earn points for Australian Tax Office transactions – read more about that in the linked guide.
How the Birthday Bonus works
The Amplify Signature Visa comes with a unique benefit of a 10% bonus on all points earned from spend over the previous 12 months (excluding any bonus points) on your birthday each year.
It’s a neat way to reward loyalty for keeping the card, and effectively ups the points earn rate 0.825 points per $ from the quoted 0.75, if you keep the card year on year.
According to the terms, the points will hit your account no more than 4 weeks after your birthday.
The Amplify Signature Visa also comes with lounge access
You’re also offered two complimentary single entry lounge passes each year.
If you’ve opted into Amplify Rewards you’ll receive a taste of Priority Pass membership.
Howeve, if you know you’ll use them, the more useful lounge passes come from opting into Amplify Qantas, where you’ll receive two Qantas Club Lounge invitations each year, which are pretty handy – they can be used domestically or internationally.
Other benefits of the Amplify Signature Visa
The Amplify Signature Visa comes with access to the Visa Luxury Hotels program, which offers:
- Best available rate guarantee
- Automatic room upgrade upon arrival (when available)
- 3pm check-out (when available) at over 900 luxury hotels
- Free in-room Internet
- Complimentary continental breakfast
- VIP Guest status
- US$25 food or beverage voucher.
You can check out the available deals at participating hotels at visaluxuryhotels.com – the program may be of use to you, or it may not, depending on the hotel you’re looking into.
You’ll also get access to the Amplify Signature Travel Service, which is a dedicated phone service with Travel consultants available to cardholders, with access to some specific packages. Worth looking it if you’re likely to use it.
And finally, there’s also a range of included insurances:
- Complimentary Overseas Travel insurance for up to 6 months
- Complimentary Purchase Cover for up to 4 months
- Extended Warranty Cover for up to 12 months
- Transit Accident insurance
- Certain medical and hospital expenses overseas – unlimited cover (except emergency dental and bed care patient allowance)
- Unexpected cancellation of your travel arrangements and associated expenses – unlimited cover (maximum of AUD $10,000 for a family)
- Up to $500 per person for travel delays.
- Up to $550 per person for loss or damage to travel documents.
- Up to $20,000 per person for accidental loss or damage to eligible personal property
- Up to $5,500 of excess cover for loss or damage of a rental vehicle
As I always say with credit card insurances, only you can decide if they offer value for your circumstances, so make sure you read the PDS for them to decide if they meet your needs. Read the full PDS here.
This guide references some of the benefits of insurance policies provided with this credit card.
You should read the PDS and obtain independent professional advice before obtaining this product.
Finally, the card terms in relation to loyalty points are here.
Conclusion – Amplify Signature Visa
This could be a useful card for those who are looking for a non-Amex card with decent points earn and flexibility in how you use them. The travel / lounge access perks are a handy extra benefit.
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