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Bank of Melbourne Amplify Platinum Credit Card

Last updated:  

No longer offered

This offer for the Bank of Melbourne Amplify Platinum credit card is no longer available for new applications. However, we’ve kept the information online for the benefit of existing customers and for those who are interested. Check out the current offer for the Amplify Platinum credit card here.

0% p.a.

Balance transfer rate

for 6 months

19.74% p.a.

Purchase rate

1

Reward point

Per $ spent (Visa/Mastercard)

$99 p.a.

Annual fee

Details

Product NameBank of Melbourne Amplify Platinum - DISCONTINUED
Rewards programAmplify Rewards
Balance transfer rate0% p.a. for 6 months
Balance Transfer Revert RateCash Advance Rate (21.49% p.a.)
Balance Transfer Limit80% of available limit
Purchase rate (p.a.)19.74% p.a.
Annual fee$99 p.a.
Interest free period55 days
Cash advance rate (p.a.)21.49% p.a.
Min credit limit$6,000
Max credit limit$80,000
Card typeVisa
Foreign currency conversion fee (Visa/Mastercard)3%
Complimentary travel insuranceYes
Minimum age18 years of age
Available to temporary residentsYes - Conditions apply
Joint applicationYes - Conditions apply

Pros

  • $400 e-gift card when you spend $3,000 within 90 days of approval
  • Uncapped rewards points on eligible purchases
  • 0% p.a. balance transfer for 6 months with no balance transfer fee
  • Complimentary travel insurance and purchase insurance covers

Cons

  • Gift card options are limited to Sunglass Hut, Sephora or Uber
  • Charges a 3% foreign transaction fee
Rewards programAmplify Rewards
Rewards Points per $ spent (Visa/Mastercard)1
Annual fee$99 p.a.
Minimum monthly repayment2% of the closing balance or $10, whichever is greater
Late payment fee$15
Foreign currency conversion fee (Visa/Mastercard)3%
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, co-hosts our Pocket Money podcast and wrote about credit cards for almost five years. Her byline can be spotted on Yahoo Finance, Dynamic Business, Financy and Mamamia as well as Music Feeds and Rolling Stone. She 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 boasts a $400 e-gift card and a short-term balance transfer offer. While this is relatively competitive, you'll need to spend $3,000 in the first 90 days and the card can only be redeemed with Sunglass Hut, Sephora or Uber.

This card earns 1 Amplify Point per $1 spent and the Amplify Rewards program gives you plenty of ways to redeem your points. For example, you could exchange 100,000 Amplify Points for 50,000 Velocity Points, Malaysia Enrich points or Singapore Airlines KrisFlyer Miles. It’s also almost enough points to redeem a $500 David Jones eGift Card (110,000 points).

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 gift card promotion, 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

  • $400 e-gift card. When you apply and are approved by 29 April 2020, you will be eligible to receive a $400 e-gift card for your choice of either Sunglass Hut, Sephora and Uber. To qualify, you will need to spend at least $3,000 on eligible purchases within the first 90 days. Eligible purchases include most everyday spend, but exclude things like balance transfers and cash advances.
  • Rewards points. Enjoy uncapped points potential and earn 1 Amplify Point per $1 spent on eligible transactions. Amplify Points can be auto-redeemed for Velocity Points at a rate of 2:1.

Rates & fees

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

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13 Comments

  1. Default Gravatar
    Pk
    December 17, 2018

    How do I apply for this card? I don’t see any link to it. Can someone please redirect to that link?

    • Avatarfinder Customer Care
      Jhez
      December 19, 2018

      Hello Pk,

      Thank you for your comment.

      To apply for the Bank of Melbourne Amplify Platinum, please click the Go to Site (green) button above. It will redirect you to the issuer’s website.

      Please make sure though to read the eligibility criteria, features and details of the card, as well as the relevant PDS/ T&Cs of the card before making a decision and consider whether the product is right for you.

      Should you wish to have real-time answers to your questions, try our chat box on the lower right corner of our page.

      Regards,
      Jhezelyn

  2. Default Gravatar
    Shak
    July 16, 2018

    If I have a card with 50 k limit,can I purchase a vehicle worth 40k using credit card and earn all the points?
    I am certain to pay it off within 3 months for discussion sake.

    • Default Gravatar
      Nikki
      July 17, 2018

      Hi Shak,

      Thanks for getting in touch.

      Yes, it is possible to purchase a car using a credit card with sufficient balance. However, to earn the 50k bonus points will depend on how your car purchase is processed. One thing you can do is ask the car store what credit cards they accept and how they process credit card transactions. Please note that for BOM Amplify Platinum, eligible purchases do not include BPAY or BPAY equivalent transactions, fees, cash, cash equivalent transactions, refunds and balance transfers debited from the card account. To get more information, you can call the bank or read the terms and conditions of the card.

      Hope this helps!

      Nikki

  3. Default Gravatar
    Nikki
    June 27, 2018

    Hi Ranko,

    Thanks for getting in touch!

    Here’s a breakdown of your questions.

    #1 How much is the balance transfer interest rate?

    – This card is not a Balance Transfer Credit Card

    #2 How many Qantas points do I get? Is there any conditions that preclude me from getting these points?

    – Amplify Qantas. Earn 1 Qantas Points per $1 spent on eligible transactions, uncapped.
    – LIMITED OFFER: Apply for a Bank of Melbourne Amplify Platinum Credit Card by 26 September 2018 and spend $2,000 on eligible purchases within 90 days of card approval to receive 50,000 bonus Qantas points.

    #3 I currently have a St George visa & Anz, How much would I have to spend to get these points?

    – This would be dependent on the specific card you have with these providers. You may also check this on their respective websites.

    Hope the answers above was helpful.

    Regards,
    Nikki

  4. Default Gravatar
    Toni
    September 4, 2017

    What does travel insurance cover me for if I apply for a BOM platinum card

    • Avatarfinder Customer Care
      Joanne
      September 4, 2017

      Thank you for contacting finder.
      If you’re a current Bank of Melbourne Gold or Platinum cardholder, you, your spouse and any dependent children you may have are entitled to international travel insurance as long as all persons are 80 years of age or younger.

      Best Regards,
      Joanne

  5. Default Gravatar
    d
    June 2, 2017

    What’s the deal on Qantas FF points? 1 point for every $ spent? Does this include bills paid? The site is vague.

    • Avatarfinder Customer Care
      Rench
      June 2, 2017

      Hi D Wills,

      Thanks for your inquiry. Please note that we are not affiliated with any company we feature on our site and so we can only offer a general advice.

      For Bank of Melbourne Amplify Platinum Credit Card, you can choose between two rewards programs:

      1. Amplify Rewards – 1 Amplify Point (per $1 spent on eligible transactions)
      *For overseas transactions – 2 points per $1 spent
      2. Amplify Qantas – 0.5 Qantas Point (per $1 spent on eligible transactions)
      *For overseas transactions – 1 Qantas Point per $1 spent

      You can view the list of eligible transactions by visiting Qantas official site.

      For your question, if it includes bill payments, it will depend on the card that you are using. Please visit this page to see further info.

      Hope this information helped.

      Cheers,
      Rench

  6. Default Gravatar
    Charles
    May 20, 2017

    Are BPAY payments considered as eligible purchases?

    • Avatarfinder Customer Care
      Jason
      May 20, 2017

      Hi Charles,

      Thank you for your enquiry.

      BPAY, fees, cash, cash equivalent transactions, refunds and balance transfers debited from the card account are not considered as eligible purchases to earn reward points with Bank of Melbourne Amplify Platinum Credit card.

      Please check out this link for a guide on how you can earn reward points for paying bills with a credit card.

      I hope this helps.

      Kind regards,
      Jason

  7. Default Gravatar
    Robin
    April 1, 2015

    Amplify Platinum Credit Card and Amplify Qantas points do you actually receive 30000 Qantas Frequent Flyer Points when successful please ?

    • Avatarfinder Customer Care
      Jonathan
      April 1, 2015

      Hi Robin, thanks for getting in touch with us!

      The bonus 30,000 points will be added to your points balance within three months after the first purchase is debited to your account.

      Cheers,

      Jonathan

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