Bank of Melbourne Amplify Signature – Qantas

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Earn 90,000 bonus Qantas Points and save with a discounted annual fee for the first year with the Amplify Signature card.

Earn more rewards with a competitive bonus points offer and earn rate plus take advantage of travel perks like Qantas Lounge passes and complimentary insurance covers.

90,000

Bonus points

19.74% p.a.

Purchase rate

0.75

Reward points

Per $ spent (Visa/Mastercard)

$179 p.a.

Annual fee

for the first year ($279 p.a. thereafter)


Details

Product NameBank of Melbourne Amplify Signature - Qantas
Rewards ProgramQantas Frequent Flyer
Balance Transfer Rate0% p.a. for 6 months
Balance Transfer Revert RateCash Advance Rate (21.49% p.a.)
Balance Transfer Limit80% of available balance
Purchase Rate19.74% p.a.
Annual Fee$179 for the first year ($279 thereafter)
Interest Free Period55 days
Cash Advance Rate21.49% p.a.
Minimum Credit Limit$15,000
Maximum Credit Limit$80,000
Card TypeVisa
Foreign Currency Conversion Fee (Visa/Mastercard)3% of transaction value
Complimentary Travel InsuranceYes
Minimum Age18 years of age
Available to Temporary ResidentsNo
Joint ApplicationYes

Pros

  • Receive 90,000 bonus Qantas Points when you spend $4,000 within 90 days from card approval.
  • Save $100 with a reduced annual fee of $179 in the first year.
  • Two complimentary airport lounge passes per year.
  • Includes complimentary overseas travel insurance, purchase security insurance and extended warranty insurance

Cons

  • Both the purchase rate and cash advance rate are relatively high.
Rewards ProgramQantas Frequent Flyer
Bonus Points90,000 bonus points
Rewards Points per $ spent (Visa/Mastercard)0.75
Rewards Points per $ Cap (Visa/Mastercard)Uncapped
Annual Fee$179 for the first year ($279 thereafter)
Minimum Monthly Repayment2% of the closing balance or $10, whichever is greater
Late Payment Fee$15
Foreign Currency Conversion Fee (Visa/Mastercard)3% of transaction value
Cash Advance Fee2% or $2.50, whichever is greater
Overseas 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 Finder's credit cards and frequent flyer editor by day and a music maven by night. Her byline can be spotted on Yahoo Finance, Dynamic Business, Financy and Mamamia as well as Music Feeds and Rolling Stone.

Expert review

The Amplify Signature Qantas card is Bank of Melbourne’s top-tier frequent flyer credit card. It boasts the bank’s highest bonus points offer and most competitive earn rates for Qantas Frequent Flyers. In addition, it offers Qantas lounge passes and complimentary overseas travel insurance.

With 90,000 Qantas Points, you could fly return in economy from Sydney to Honolulu (35,000 points each way) or get most of the way from Sydney to LA in business class (96,000 points) to give you some ideas.

How to apply

You can apply for the Bank of Melbourne Amplify Signature - Qantas card online in 10 minutes and receive a response instantly. Before you start, check if you meet the eligibility criteria and have the necessary documents to complete the application.

Eligibility criteria

  • Eligible balance transfer debt. If you're planning to take advantage of the balance transfer, you can transfer up to 80% of your approved credit limit but cannot transfer balances from existing BankSA, Bank of Melbourne, or St.George credit cards.
  • Residency. This card is available to permanent Australian residents.

Card benefits

  • Bonus Qantas Points. Earn 90,000 bonus Qantas Points when you apply by 02 October 2019, are approved for a BoM Amplify Signature - Qantas card and spend $4,000 on eligible purchases within the first 90 days from approval. Bonus points will be credited to the account within 12 weeks of the spend requirement being met.
  • Discounted annual fee for the first year. When you apply and are approved before 02 October 2019, you will be eligible for a reduced $179 annual fee for the first year, saving you $100.

Rates & fees

  • Annual fee. Outside of any promotions, this card charges a standard annual fee of $279 p.a.
  • Purchase interest rate. The variable purchase rate of the Amplify Signature is 19.74% p.a.

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4 Comments

  1. Default Gravatar
    Adam
    January 13, 2019

    If one was an Amplify credit cardholder with another bank previously, are they still eligible to apply and receive the points with Bank of Melbourne?

    • AvatarStaff
      Jhez
      January 15, 2019

      Hello Adam,

      Thank you for your comment.

      According to the eligibility for the bonus points promotion, existing customers who currently hold an Amplify Platinum or Amplify Signature card issued by St.George, Bank of Melbourne or BankSA, or who have held one in the last 12 months, are not eligible for this offer.

      I hope this answered your inquiry. 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
    Linda
    October 15, 2018

    Hello,

    If I apply for this card do I have to wait 12 months before using free lounge passes?

    Regards,
    Linda

    • AvatarStaff
      Jeni
      October 15, 2018

      Hi Linda,

      Thank you for getting in touch with finder.

      Once you apply for this Bank of Melbourne Amplify Signature card and get approved, you may use the complimentary Qantas lounge pass right away. Please note that cardholders receive 2 complimentary Qantas lounge passes only per year.

      I hope this helps.

      Please feel free to reach out to us if you have any other enquiries.

      Thank you and have a wonderful day!

      Cheers,
      Jeni

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