St.George, Bank of Melbourne and BankSA are offering 50,000 bonus Qantas or Amplify Points for new cardholders of the Amplify Platinum Visa until 23 January 2019, with a minimum spend requirement of $2,000 within the first 90 days of approval to receive to the bonus points.
There is also $0 annual card fee for the first year on the Amplify Rewards variant, however you will have to pay $99 for the Qantas Rewards variant.
The Amplify Platinum card offers an effective points earn rate of 0.5 frequent flyer points per dollar in most of the linked frequent flyer programs to Amplify Rewards, which for an ongoing $99 annual fee card, is respectable. The strength of Amplify Rewards is the programs links to multiple rewards partners, offering flexibility in how you redeem your points.
This guide covers the different earn rates, caps and benefits of the Platinum Visa – we cover the Amplify Signature Visa in a separate guide.
If you would prefer to receive your sign up bonus in Amplify Points, make sure to use the link further down in this guide.
Digging into the details of the Amplify Platinum Visa cards
The Amplify Platinum Visa offers 0.5 Qantas Points per dollar spent, or 1 Amplify Rewards points (which also equal 0.5 Velocity Points, KrisFlyer or Enrich Miles) on spend with no points cap.
|Card||St.George, Bank of Melbourne and BankSA Amplify Platinum Visa|
|Loyalty program||Qantas Frequent Flyer or Amplify Rewards|
|Points earned from spend||0.5 Qantas Point or 1 Amplify point per $ spend|
|Insurance||Overseas travel insurance, extended warranty on purchases etc. (PDS)|
|Overseas transaction fee||3% of the converted amount|
|Annual fee||$99 p.a.|
Effective Frequent Flyer Program Point Earn Rates
|Frequent Flyer Program||Effective earn rate|
|Qantas Points*||0.5 point / $|
|Velocity Points||0.5 point / $|
|Singapore Airlines KrisFlyer Miles||0.5 mile / $|
|Malaysia Airlines Enrich Miles||0.5 mile / $|
|* Qantas Points are only earned if selected upon receiving the card|
Finally, its worth noting the card terms in relation to loyalty points are here.
Amplify Rewards vs Qantas Points
We have a full guide explaining Amplify’s frequent flyer transfer partners and how to maximise your points balances by taking the sign-up bonus as Qantas Points and then switching to Amplify Rewards for ongoing spend.
These could be useful cards for those who are looking for non-Amex cards that earn points on spend and offers flexibility in how you use them, without a particularly expensive annual fee.
Bonus offers can be hit and miss on the Amplify range, but when they are on offer, these cards are worth considering. Those looking for more features like lounge access and other travel perks however might find the Amplify Signature more appealing.
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