BankSA is offering 100,000 bonus Amplify Points (can get you up to $450 in eGift cards) and a reduced first-year card fee of $49 for new cardholders of the Amplify Rewards Platinum until 30 April 2024. Plus 0% p.a. on Balance Transfers for 24 months with a 1% BT fee.

A minimum spend of $3,000 or more within 90 days of approval is required to receive the bonus.

The BankSA Amplify Rewards Platinum 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 $124 card 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 Amplify Rewards Platinum variant. We also cover the BankSA Amplify Rewards Signature in a separate guide.

Amplify Rewards Platinum cards

Amplify Qantas Platinum cards

Since Amplify Rewards points are transferrable to Velocity on a 2:1 ratio and KrisFlyer on a 3:1 ratio. This means that the current 90,000 bonus Amplify points is equivalent to 45,000 points when transferred Velocity and 30,000 miles when transferred to KrisFlyer.

Digging into the details of the BankSA Amplify Rewards Platinum

The BankSA Amplify Rewards Platinum offers 1 Amplify Rewards points (which also equals to 0.5 Velocity Points or 0.33 KrisFlyer 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.
Overseas transaction fee3% of the converted amount
Mobile walletApple Pay, Google Pay and Samsung Pay
Card fee$124 p.a.

Effective Frequent Flyer Program Point Earn Rates

Frequent Flyer ProgramEffective earn rate
Velocity Points0.5 point / $
Singapore Airlines KrisFlyer miles0.33 mile / $

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

Amplify Rewards vs Qantas Points

The BankSA Amplify Platinum 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.

BankSA Apple Pay, Google Pay & Samsung Pay support

BankSA cards support Apple Pay & Google Pay & Samsung Pay, meaning you can use this card on your smartphone for easier payments. Find out more in our guides for each of the compatible services.

Summing Up

The BankSA Amplify Platinum 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 card 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.

100,000 bonus Amplify Points (can get you up to $450 in eGift cards) plus a reduced first year annual fee with the BankSA Amplify Rewards Platinum was last modified: December 6th, 2023 by Daniel Sciberras