Bank of Melbourne Amplify Signature Credit Card

Bank of Melbourne’s Amplify Signature offers up to 200,000 bonus Amplify Points but the spend requirement is split over 2 years.

The Bank of Melbourne Amplify Signature offers the bank’s highest credit card earn rate of 1.5 Amplify Points per $1 spent, airport lounge passes and complimentary insurance – with a $279 p.a. annual fee.


Bonus points

19.49% p.a.

Purchase rate


Reward points

Per $ spent

$279 p.a.

Annual fee

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Product NameBank of Melbourne Amplify Signature
Rewards programAmplify Rewards
Balance transfer rate0% p.a. for 24 months with 1% balance transfer fee
Balance transfer revert rateCash Advance Rate (21.49% p.a.)
Balance transfer limit80% of available limit
Purchase rate19.49% p.a.
Annual fee$279
Interest-free periodUp to 55 days on purchases
Cash advance rate21.49% p.a.
Min credit limit$15,000
Max credit limit$80,000
Card typeVisa
Foreign currency conversion fee3%
Available to temporary residentsYes - Conditions apply
Joint applicationNo


  • 100,000 bonus points in the first year and 100,000 bonus points in the second year (200,000 points total) when you spend at least $12,000 per year
  • 0% p.a. on balance transfers for 24 months
  • 2 complimentary airport lounge passes per year
  • Complimentary overseas travel insurance for up to 6 months


  • Spend requirement is high and staggered over 2 years
  • Charges a 3% foreign transaction fee
  • Charges a 1% balance transfer fee
Rewards programAmplify Rewards
Bonus points200,000
Rewards points per $ spent1.5
Annual fee$279
Minimum monthly repayment2% of the closing balance or $10, whichever is greater
Late payment fee$15
Foreign currency conversion fee3%
Cash advance fee3%
Overseas cash advance fee2%
Additional cardholder fee$0
Number of additional cardholders1

Review by

Amy Bradney-George has been writing about personal finance for more than 13 years – including over 600 articles as a senior writer for Finder. Her work has also appeared in publications including Money Magazine, The Sydney Morning Herald, Financy, ABC News Australia and Equity Magazine. Amy has a Bachelor of Arts in Journalism and Drama from Griffith University.

Expert review

The Bank of Melbourne Amplify Signature is a premium rewards credit card that offers both a competitive introductory offer and ongoing features. The major drawcard here is 200,000 bonus points, which you can only collect in full if you keep the card for 2 years and spend at least $12,000 in each of those years – so have a think about whether that's achievable based on your spending patterns. To give you an idea of the potential value, if you collected all the bonus points, you’d have enough for $850 worth of Woolworths WISH digital gift cards (193,800 points for 8 gift cards worth $100 and 1 gift card worth $50).

How to apply

If you've compared your options and want to apply for the Bank of Melbourne Amplify Signature, you can fill out an online application form in around 10 minutes. Get started by making sure you meet the following eligibility requirements and have all the documents and details you'll need to complete the application.

Eligibility criteria

  • New cardholder. To take advantage of the bonus point offer on this card, you must not currently hold an Amplify Platinum or Amplify Signature Credit Card from Bank of Melbourne, St.George or BankSA. You also must not have held any of these accounts within the past 12 months.
  • Residency. To apply online, you must be an Australian citizen or permanent resident.

Card benefits

  • Up to 200,000 bonus Amplify points. Apply by 24 February 2022 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 converted to 100,000 Velocity Points or redeemed for $400 worth of Woolworths WISH digital gift cards (91,200 points for 4 eGift cards worth $100). 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.
  • Balance transfer offer. New customers who apply by 24 February 2022 can take advantage of a 0% p.a. interest rate for the first 24 months on balance transfers (with a one-time 1% balance transfer fee). After the promotional period, any balance remaining will be charged at the variable cash advance rate.

Rates & fees

  • Annual fee. This card charges a standard annual fee of $279.
  • Interest rate. The variable purchase rate of the Amplify Signature card is 19.49% p.a.

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    Default Gravatar
    December 17, 2018


      Avatarfinder Customer Care
      December 19, 2018

      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.


    Default Gravatar
    March 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.


      Default Gravatar
      July 20, 2018

      How long does it take the card to arrive?

      Default Gravatar
      July 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.


      Avatarfinder Customer Care
      March 13, 2018

      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 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!


      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.


      Avatarfinder Customer Care
      March 16, 2018

      Hi Sarah,

      Yes. You could get 90,000 points each on both new cards.
      Please see links for your reference BOM and St. George

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

      Have a wonderful day!


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