Bank of Melbourne is offering 130,000 bonus Amplify points (can get you up to $550 in eGift cards) and a reduced first year card fee of $49 for new cardholders of the Amplify Platinum Visa – Amplify Rewards until 24 February 2022. 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.
For those who would prefer Qantas Points, there is also a 60,000 bonus Qantas Points offer for new cardholders of the Bank of Melbourne Amplify Platinum – Qantas Rewards variant also until 24 February 2022.
The Bank of Melbourne 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 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 Bank of Melbourne Platinum Visa – Amplify Rewards variant. We also cover the Bank of Melbourne Amplify Signature Visa – Amplify Rewards in a separate guide.
Amplify Platinum cards – Amplify Rewards
- St.George Amplify Platinum – Amplify Rewards
- BankSA Amplify Platinum – Amplify Rewards
- Bank of Melbourne Amplify Platinum – Amplify Rewards
- St.George Amplify Platinum – Qantas Rewards
- BankSA Amplify Platinum – Qantas Rewards
- Bank of Melbourne Amplify Platinum – Qantas Rewards
Since Amplify Rewards points are transferable to Velocity, KrisFlyer and Malaysia Airlines Enrich on a 2:1 basis. This means that the current 130,000 Amplify points bonus is equivalent to 65,000 points when transferred to the aforementioned programs.
How you could use the bonus points from this card
All redemption figures above exclude any accompanying taxes, fees and charges. Points redemption price data is provided by a third-party. For an exact total redemption cost, please consult with the airline directly.
Digging into the details of the Bank of Melbourne Amplify Platinum Visa – Amplify Rewards
The Bank of Melbourne 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||Bank of Melbourne Amplify Platinum Visa - Amplify Rewards|
|Loyalty program||Amplify Rewards|
|Points earned from spend||1 Amplify point per $ spend|
|Insurance||Overseas travel insurance, extended warranty on purchases etc. (PDS)|
|Overseas transaction fee||3% of the converted amount|
|Card fee||$99 p.a. ongoing|
Effective Frequent Flyer Program Point Earn Rates
|Frequent Flyer Program||Effective earn rate|
|Velocity Points||0.5 point / $|
|Singapore Airlines KrisFlyer Miles||0.5 mile / $|
|Malaysia Airlines Enrich Miles||0.5 mile / $|
Finally, its worth noting the card terms in relation to loyalty points are here.
Amplify Rewards vs Qantas Points
The Bank of Melbourne 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.
St.George, BankSA, Bank of Melbourne Apple Pay & Google Pay support
St.George, BankSA, Bank of Melbourne cards support Apple Pay & Google 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.
The Bank of Melbourne 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 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.