Bank of Melbourne Amplify Platinum

Last updated:  

Enjoy 0% interest rate offers for both purchases and balance transfers, plus a $0 first-year annual fee with the Bank of Melbourne Amplify Platinum.

When you apply and are approved for the Bank of Melbourne Amplify Platinum by 09 February 2021, you will enjoy 0% p.a. on purchases for 7 months, 0% p.a. on balance transfers for 22 months (with a one-time 1.5% balance transfer fee) and a $0 first-year annual fee ($99 p.a. thereafter). You can also make contactless, mobile payments and earn points as you spend.

0% p.a.

Balance transfer rate

for 22 months with 1.5% balance transfer fee

0% p.a.

Purchase rate

for the first 7 months (reverts to 19.74% p.a.)


Reward point

Per $ spent

$0 p.a.

Annual fee

for the first year ($99 p.a. thereafter)

We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!


Product NameBank of Melbourne Amplify Platinum
Rewards programAmplify Rewards
Balance transfer rate0% p.a. for 22 months with 1.5% balance transfer fee
Balance transfer revert rateCash Advance Rate (21.49% p.a.)
Balance transfer limit80% of available limit
Purchase rate0% p.a. for 7 months, reverts to 19.74% p.a.
Annual fee$0 annual fee for the first year ($99 p.a. thereafter)
Interest-free period55 days
Cash advance rate21.49% p.a.
Min credit limit$6,000
Max credit limit$80,000
Card typeVisa
Foreign currency conversion fee3%
Available to temporary residentsYes - Conditions apply
Joint applicationNo


  • $0 annual fee for the first year
  • 0% p.a. balance transfer for 22 months
  • 0% p.a. for 7 months interest rate on purchases
  • Uncapped rewards points on eligible purchases
  • Complimentary travel insurance and purchase insurance covers


  • Annual fee reverts to $99 after the first year
  • Charges a one-time 1.5% balance transfer fee
  • Charges a 3% foreign transaction fee
Rewards programAmplify Rewards
Rewards points per $ spent1
Annual fee$0 annual fee for the first year ($99 p.a. thereafter)
Minimum monthly repayment2% of the closing balance or $10, whichever is greater
Late payment fee$15
Foreign currency conversion fee3%
Cash advance fee2% or $2.50, whichever is greater
Additional cardholder fee$0
Number of additional cardholders1

Expert review

Sally McMullen

Review by

Sally McMullen is a creative content producer at Finder. Sally has written about credit cards for almost 5 years, authoring almost 900 articles on Finder alone. She has also been published in Yahoo Finance, Dynamic Business, Financy and Mamamia, as well as Music Feeds and Rolling Stone. Sally has a Bachelor of Communication and Media Studies majoring in Journalism (Hons) from the University of Wollongong.

Expert review

The Bank of Melbourne Amplify Platinum is one of the few cards in the market that offers a 0% balance transfer and purchase rate offer, along with a waived annual fee for the first year.

How to apply

You can apply for the Bank of Melbourne Amplify Platinum card online in 10 minutes and receive a response instantly. Just make sure you've met the eligibility criteria and have the necessary information to complete the application.

Eligibility criteria

  • New cardholder. To be eligible for the promotions, you must apply for a new card and cannot hold or have held an Amplify Platinum or Amplify Signature issued by St.George, Bank of Melbourne or BankSA in the previous 12 months.
  • Age. You must be at least 18 years of age to apply.

Card benefits

  • $0 first-year annual fee. Save on account costs in the first year with a $0 annual fee waiver when you apply by 09 February 2021. This reverts to $99 p.a. in subsequent years.
  • Balance transfer offer. If you apply and get approved for this card by 09 February 2021, you can take advantage of a 0% p.a. for 22 months balance transfer offer (with a one-time 1.5% balance transfer fee). After the promotional period, any balances remaining will be charged at the variable cash advance rate. Interest-free days do not apply while you carry a balance transfer debt.

Rates & fees

  • Annual fee. Outside of any promotions, this card charges an annual fee of $99.
  • Purchase rate. This card charges a 19.74% p.a. variable interest rate on purchases.

Ask an expert

To ask a question simply log in via your email or create an account.

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.
Go to site