Bank of Melbourne Amplify Signature Credit Card

Earn up to 200,000 bonus Amplify Points and save with a discounted annual fee in the first year with the BoM Amplify Signature credit card.

The BoM Amplify Signature comes with a range of benefits, offering up to 200,000 bonus Amplify Points. Apply by 22 May 2019 and earn 100,000 bonus Amplify points when you spend at least $12,000 on eligible purchases within the first 12 months. Get an additional 100,000 points in the second year when you spend $12,000 over the course of the year. In addition to the bonus points, this card also features a discounted $179 first year annual fee and 0% p.a. interest rate for 6 months on balance transfers.

This credit card is packed with perks for travellers and points collectors alike. It comes with 2 complimentary Priority Pass airport lounge passes every year, a personal concierge service, premium insurance covers and more. If you prefer to earn Qantas Points for your spending, consider the Bank of Melbourne Amplify Signature - Qantas offer.

Product NameBank of Melbourne Amplify Signature
Rewards ProgramAmplify Rewards
Balance transfer rate0% p.a. for 6 months
Balance transfer revert rate
The interest rate that will apply to any remaining balance after the balance transfer term ends.
Cash Advance Rate (21.49% p.a.)
Balance Transfer Limit80% of available credit limit
Purchase rate (p.a.)19.74% p.a.
Offer end date22 May 2019
Annual fee$179 p.a. annual fee for the first year ($279 p.a. thereafter)
Interest Free Period
The interest-free period is the maximum number of days during which interest is not charged on new purchases. This only applies if you pay your closing balance in full by the statement due date.
Up to 55 days on purchases
Cash advance rate (p.a.)21.49% p.a.
Min credit limit
This is the lowest credit limit you can be granted. It is possible to request a higher credit limit but not a lower one than this figure.
$15,000
Max credit limit
This is the maximum credit limit available on this card and you can apply for increases after the account has been opened. This credit limit may not be issued to you immediately upon application.
$80,000
Card TypeVisa
Foreign Currency Conversion Fee (VISA)
Charged when you make a transaction that is converted by Visa from Australian dollars to a foreign currency. You’ll also incur a currency conversion fee if you make a purchase or obtain a cash advance in Australian dollars while overseas or shopping online with a foreign merchant or financial institution.
3% of transaction value
Complimentary Travel InsuranceYes
Minimum Age18 years of age
Available To Temporary ResidentsYes - Conditions apply
Joint ApplicationYes
Annual fee$179 p.a. annual fee for the first year ($279 p.a. thereafter)
Minimum Monthly Repayment2% or $10, whichever is greater
Late Payment Fee$15
Foreign Currency Conversion Fee (VISA)
Charged when you make a transaction that is converted by Visa from Australian dollars to a foreign currency. You’ll also incur a currency conversion fee if you make a purchase or obtain a cash advance in Australian dollars while overseas or shopping online with a foreign merchant or financial institution.
3% of transaction value
Cash Advance Fee2% of each cash advance amount (minimum of $2.50 capped at $150 per transaction)
Overseas Cash Advance Fee2% of each cash advance amount (minimum of $2.50 capped at $150 per transaction)
Gambling Transactions AllowedYes
Additional Cardholder Fee$0
Number of Additional Cardholders1

Pros

  • 100,000 bonus Amplify points in the first year plus another 100,000 bonus points in the second year when you spend at least $12,000 on eligible purchases each year.
  • Discounted $179 annual fee for the first year.
  • 0% p.a. for 6 months on balance transfers.
  • Stay protected with a complimentary travel insurance.

Cons

  • Both the purchase interest rate and the cash advance rate are relatively high.
Rewards ProgramAmplify Rewards
Bonus Points200,000 bonus points
Rewards Points per $ spent (VISA/MC)1.5
Rewards Points per $ (VISA/MC) CapUncapped

Benefits of the Bank of Melbourne Amplify Signature Credit Card

  • 200,000 bonus Amplify points. Apply by 22 May 2019 to collect 100,000 bonus Amplify points in the first year plus another 100,000 bonus points in the second year (total of 200,000 points) when you spend at least $12,000 on eligible purchases each year. To give you an idea, 200,000 Amplify Points can be transferred to 100,000 Velocity Points. Points will be credited to the account within 12 weeks of the spend being met and earning bonus points in the second year is independent of earning the first year bonus points.
  • Discounted annual fee in the first year. When you apply for this card and are approved before 22 May 2019, you will receive a $179 discounted first year annual fee, saving you $100.
  • Amplify Rewards Program. With the Amplify Signature, you earn 1.5 points for every dollar spent on eligible purchases in Australia and overseas, uncapped.
  • Airport lounge passes. Cardholders will receive 2 Priority Pass lounge visits per year when you enrol online.
  • Overseas travel insurance. This travel insurance is eligible for persons up to the age of 80 years. It covers the cardholder, spouse and dependent children. The insurance policy is provided when the cardholder pays for return tickets and prepaid travel costs worth $500 using the credit card. Also available is a transit accident insurance policy.
  • Purchase security insurance. Purchase security insurance covers personal goods that have been purchased using the Signature Amplify card anywhere in the world. This insurance policy covers against accidental damage, loss and theft.
  • Extended warranty insurance. Extended warranty insurance is simply an extension of the Australian warranty and this is applied when the goods purchased have a warranty of fewer than 5 years.
  • Price guarantee cover. The cardholder is entitled to get the best rate and they can claim a refund on the price difference if an item they purchased is sold at a cheaper rate within a radius of 25km. This cover is valid for 21 days.
  • Balance transfer offer. New customers who apply by 22 May 2019 can take advantage of a 0% p.a. interest rate for the first 6 months on balance transfers. After the promotional period, any balance remaining will be charged at the variable cash advance rate. Note that you cannot transfer balances from existing BankSA, Bank of Melbourne, or St.George credit cards.

Features of the BoM Amplify Signature

The above benefits of the Amplify Signature come with the following fees and features:

  • Annual fee. Outside of any promotions, this card charges a standard annual fee of $279.
  • Interest rate. The variable purchase rate of the Amplify Signature is 19.74% p.a.
  • Cash advance rate. The variable cash advance rate is 21.49% p.a.
  • Interest-free period. When you pay your statement balance in full, you can take advantage of up to 55 days interest-free on purchases.
  • Foreign transaction fee. If you use this card overseas or online with international merchants, you will be charged a 3% foreign currency conversion fee.
  • Additional cardholder. Add an additional cardholder for $0.

How to apply for the BoM Amplify Signature card

You can apply for this BoM credit card in just 15 minutes and you will receive a response within 60 seconds.

Eligibility criteria

To apply for the credit card, you will need to be:

  • An Australian resident
  • 18 years and above

Required documents

The following information is required to proceed with your application:

  • Your driver's license, passport or Medicare card number (if available)
  • Income details (after tax)
  • Details of your savings, investments or assets
  • Liabilities
  • Tax information
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8 Responses

  1. Default Gravatar
    GARYDecember 17, 2018

    WHERE DO YOU GO TO ON THE SITE TO APPLY?

    • finder Customer Care
      JhezelynDecember 19, 2018Staff

      Hello Gary,

      Thank you for your comment.

      To apply for the Bank of Melbourne Amplify Signature – Online Offer through finder, please click the Go to Site (green) button above.

      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
    SarahMarch 13, 2018

    Hi There,

    Just wondering if anyone knows whether it is ok to do the Qantas bonus points offers across St George, Bank of Melbourne? I read the fine print and it’s not excluded specifically, but only now refers to “Amplify” program so not sure if this is across their entire group.

    Thanks!

    • Default Gravatar
      CJJuly 20, 2018

      How long does it take the card to arrive?

    • Default Gravatar
      JoelJuly 20, 2018

      Hi CJ,

      Thanks for leaving a question on finder.

      The card will arrive in 5-10 working days. If it takes longer than expected, please call them up to find out what is causing the delay.

      Cheers,
      Joel

    • finder Customer Care
      JeniMarch 13, 2018Staff

      Hi Sarah,

      Thanks for getting in touch with finder.

      Since you are enquiring about earning Qantas bonus points if not an Amplify Signature Credit Card user, you can also refer to this link https://www.finder.com.au/credit-cards/bank-of-melbourne-credit-cards. As you can read from the said page, cards which are not Amplify are not earning Qantas bonus points. You can see them when you look at the table to compare the credit cards and check under Rewards Program tab.

      I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.

      Have a wonderful day!

      Cheers,
      Jeni

    • Default Gravatar
      March 13, 2018

      Hi jeni,

      Thanks for your reply. My question was more linked to whether you can have both the st George amplify qantas card and also the bank of Melbourne amplify Qantas card and they be considered separate and therefore you could get both 90,000 sign up bonuses if you had both cards.

      Thanks

    • finder Customer Care
      JeniMarch 16, 2018Staff

      Hi Sarah,

      Yes. You could get 90,000 points each on both new cards.
      Please see links for your reference BOM https://www.finder.com.au/bank-of-melbourne-amplify-signature-credit-card and St. George https://www.finder.com.au/st-george-amplify-signature-qantas

      I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.

      Have a wonderful day!

      Cheers,
      Jeni

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