Bank of Melbourne 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 p.a. on offer for new cardholders of the Amplify Rewards Platinum until 31 July 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.

For those who would prefer Qantas Points, there is also up to 70,000 bonus Qantas Points offer for new cardholders of the Bank of Melbourne Amplify Qantas Platinum variant.

The Bank of Melbourne 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. 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 Rewards Platinum variant. We also cover the Bank of Melbourne Amplify Rewards Signature card in a separate guide.


Amplify Rewards Platinum cards

Amplify Qantas Platinum cards


Since Amplify Rewards points are transferable to Velocity Points and KrisFlyer miles on a 2:1 basis. This means that the current 100,000 Amplify points bonus is equivalent to 50,000 points when transferred to the aforementioned programs.

Digging into the details of the Bank of Melbourne Amplify Rewards Platinum

The Bank of Melbourne Amplify Rewards Platinum offers 1 Amplify Rewards points (which also equals to 0.5 Velocity Points or KrisFlyer miles when transferred) on spend with no points cap.

Card Details

CardBank of Melbourne 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.
Mobile walletApple Pay, Google Pay and Samsung Pay
Overseas transaction fee3% of the converted amount
Card fee$99 p.a. ongoing

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 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.

Bank of Melbourne Apple Pay, Google Pay & Samsung Pay Support

Bank of Melbourne cards support Apple Pay & Google Pay and 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 Bank of Melbourne Amplify Rewards 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) with the Bank of Melbourne Amplify Rewards Platinum was last modified: May 23rd, 2024 by Daniel Sciberras