BankSA is offering up to 100,000 Amplify Points as signup bonus for new cardholders of the Amplify Platinum Visa – Amplify Rewards until 30 September 2020.

The bonus is split into two, with the first 70,000 Amplify points to be received after spending $6,000 on the first year and an additional 30,000 Amplify Points after spending another $6,000 on the second year for a total minimum spend of $12,000.

New cardholders are also eligible for 0% p.a. for 6 months on Balance Transfer, which you need to have requested upon card application.

For those who would prefer Qantas Points, there is also a 60,000 bonus Qantas Points on offer for new cardholders of the BankSA Amplify Platinum – Qantas Rewards.

The BankSA Amplify Platinum Visa – Amplify Rewards offers an effective points earn rate of 0.5 frequent flyer points per dollar on 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 its ability to be transferred to multiple rewards partners, offering flexibility in how you redeem your points.

The Amplify family includes cards offered by St.George, Bank of Melbourne and BankSA. This guide covers the different earn rates, caps and benefits of the BankSA Platinum Visa – Amplify Rewards variant. We also cover the BankSA Amplify Signature Visa – Amplify Rewards in a separate guide.


Amplify Platinum cards – Amplify Rewards Amplify Platinum cards – Qantas Rewards
Up to 100,000 Amplify points and 0% p.a. on Balance Transfer with the BankSA Amplify Platinum – Amplify Rewards was last modified: July 1st, 2020 by Daniel Sciberras

Digging into the details of the BankSA Amplify Platinum Visa – Amplify Rewards

The BankSA Amplify Platinum Visa offers 1 Amplify Rewards points (which also equals to 0.5 KrisFlyer or Enrich Miles when transferred) on spend with no points cap.

Card Details

CardBankSA Amplify Platinum Visa - Amplify Rewards
Loyalty programAmplify Rewards
Points earned from spend1 Amplify point per $ spend
Points capnone
InsuranceOverseas travel insurance, extended warranty on purchases etc. (PDS)
Overseas transaction fee3% of the converted amount
Annual fee$99 p.a.

Effective Frequent Flyer Program Point Earn Rates

Frequent Flyer ProgramEffective earn rate
Singapore Airlines KrisFlyer Miles0.5 mile / $
Malaysia Airlines Enrich Miles0.5 mile / $

Finally, its worth noting the card terms in relation to loyalty points are here.

Amplify Rewards vs Qantas Points

The BankSA Amplify Platinum Visa also has a Qantas Rewards variant that earns 0.5 Qantas Points per $1 on spend. Otherwise, earn rate is 1 Amplify Rewards Points per dollar on eligible purchases on the Amplify Rewards variant.

We cover the details of the Amplify Rewards and its frequent flyer transfer partners in a separate guide.

Conclusion

The BankSA Amplify Platinum – Amplify Rewards card, along with the other cards in the Amplify Rewards family could be useful 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 cards more appealing.

Up to 100,000 Amplify points and 0% p.a. on Balance Transfer with the BankSA Amplify Platinum – Amplify Rewards was last modified: July 1st, 2020 by Daniel Sciberras