BankSA Amplify Card – Details and Application

Get rewarded on your everyday spend and enjoy a long-term 0% p.a. for 18 months balance transfer offer.

As a part of the BankSA Amplify Rewards program, you can choose whether you earn Qantas or Amplify Points. Two ways to save and two valuable rewards programs should make you think twice about this credit card.

Customers who apply before 22 November 2017 can benefit from a 0% p.a. for 18 months balance transfer offer with a one-time 2% balance transfer fee.

Product NameBankSA Amplify Card
Rewards ProgramAmplify Rewards
Balance transfer rate (p.a.)0% p.a. for 18 months with 2% balance transfer fee
Balance Transfer Revert Rate
The interest rate after the balance transfer ends.
Cash Advance Rate (20.24% p.a.)
Purchase rate (p.a.)19.49% p.a.
Offer end date22 November 2017
Annual fee$79 p.a.
Interest Free Period
The interest-free period on purchases is the period or number of days you do not have to pay interest on your card purchases. You will be charged interest either from the day you make a purchase or from the statement date, unless you pay the closing balance in full by the due date (or within the interest-free period) on your statement.
Up to 55 days on purchases
Cash advance rate (p.a.)20.24% p.a.
Min credit limit
This is the lowest credit card limit that you can request. It is possible to apply for a higher credit card limit but not a lower one than this figure.
$500
Max credit limit
This credit limit may not be issued to you immediately on application. This is the maximum credit limit for this card which must be applied for or offered to you after you are approved and have already opened the account.
$25,000
Minimum Monthly Repayment2% or $10, whichever is greater
Minimum Income$25,000
Card TypeVisa
Late Payment Fee$15
Foreign Currency Conversion Fee (VISA)
Foreign currency conversion fees are charged when you make a transaction that is converted by a credit card network, such as MasterCard, Visa or American Express, 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 InsuranceNo
Available To Temporary ResidentsNo
Joint ApplicationYes
Minimum Income$25,000
Minimum Age18 years of age
Available to Temporary ResidentsNo
Credit Rating Requirement
Credit rating requirement is provided only as a guide. Understanding your credit file helps you make more informed decisions in regards to your finances. Learn more about what this means here.
Good
Min Credit Limit
This is the lowest credit card limit that you can request. It is possible to apply for a higher credit card limit but not a lower one than this figure.
$500
Max Credit Limit
This credit limit may not be issued to you immediately on application. This is the maximum credit limit for this card which must be applied for or offered to you after you are approved and have already opened the account.
$25,000
Annual Fee$79 p.a.
Minimum Repayment2% or $10, whichever is greater
Late Payment Fee$15
Over Limit Fee$0
Cash Advance Fee2% of each cash advance amount and all transfers from your credit card account with a minimum of $2.50
Overseas Cash Advance Fee2%
Overseas Emergency Replacement$52.50
Overseas ATM Balance check$2.50
Overseas ATM Withdrawal Fee$5
Foreign Currency Conversion Fee (VISA)
Foreign currency conversion fees are charged when you make a transaction that is converted by a credit card network, such as MasterCard, Visa or American Express, 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
Gambling Transactions AllowedNo
Additional Cardholder Fee$0 p.a.
Number of Additional Cardholders1
BPAYYes
ChequeYes
Direct DebitYes
Australia PostYes
Phone BankingYes
Internet Banking TransfersYes
In BranchYes
MailYes

Pros

  • The BankSA Amplify Card lets you choose between two different rewards programs. Cardholders can choose between the Qantas Frequent Flyer program and Amplify Rewards.
  • Enjoy a long-term balance transfer offer of 0% p.a. for 18 months.
  • For new cardholders who wish to accrue Qantas Points instead of Amplify Rewards, the Amplify Qantas joining fee will be waived. This is a saving of approximately $80. This offer is limited to one membership per account.

Cons

  • The Amplify Qantas option only lets you earn 1 Qantas Point per $1 spent, which is not competitive when compared to the average among other cards of 1:1.
  • Average interest rates on purchases at 19.49% p.a. is quite high.
  • A one-time 2% balance transfer fee applies.
Rewards ProgramAmplify Rewards
Rewards Points per $ (VISA/MC)1
Rewards Points per $ (VISA/MC) CapUncapped
Rewards Points per $ (AMEX) CapN/A
Points ExpiryNever

BankSA Amplify Card review

With this rewards card from BankSA, you choose the program that makes sense for you. Travellers will benefit most by earning points towards the Qantas Frequent Flyer program, or be a part of the Amplify program and redeem your points for a wide range of merchandise. The card is issued by Visa, giving you a chance to accumulate points from purchasing in millions of locations around the globe. There may not be many extras and perks with this card, but if you are looking for a simple and inexpensive way to manage your day to day expenses and earn rewards, this is one way to do it.

Benefits of using a BankSA Amplify Card

The BankSA Amplify Card provides you with a number of benefits that make it a valuable option for a rewards credit card:

  • Balance transfer offer. A 0% p.a. for 18 months balance transfer offer with a one-time 2% balance transfer fee is available until 22 November 2017. After the promotional period expires, any remaining balance is charged at the variable cash advance rate.
  • Rewards program. You get to choose whether to use this card to earn Amplify Points or Qantas Points. With Amplify you get 1 point per dollar, while the ratio is half a point for each dollar if you choose Qantas. Both programs also offer you ways to earn bonus points through purchases with their partners. With Qantas this will happen twice, first with your Amplify credit card, and then again with the partner. Both programs give you the chance to earn points for flights or valuable merchandise from their online stores, providing you with a great deal of flexibility in how you use your points.
  • Uncapped points. No matter which rewards program you choose, your point earning ability will not be capped.
  • Interest-free days on purchases. After the -month interest-free period on purchases ends, you can still get the same benefit with up to 55 days interest-free. In order to qualify, you must be paying your balance off in full each month, including any balance transfers.

Features of the BankSA Amplify Card

There are elements to some of the features of this credit card that will make it stand out. Yet before making a final choice be sure to make comparisons with various cards and determine which suits your needs in the best way:

  • Cash advance rate. If you use the card to withdraw cash over the counter or at an ATM the balance of that transaction is charged at a rate of 20.24% p.a.
  • Annual fee. This card charges a standard annual fee of $79.
  • Cash advance fee. In addition to interest, cash advances also incur a fee of 2% of each cash advance amount and all transfers from your credit card account with a minimum of $2.50.
  • Foreign transaction fee. 3% of the Australian dollar amount is charged for any transaction based outside of Australia.
  • Minimum credit limit. The minimum amount of credit that will be offered to you is $500. This amount could be higher depending on your income and credit history.
  • Additional cardholders. You are allowed 1 additional card at no cost provided that the user is at least 16 years of age.
  • Card type. You will be issued a Visa credit card if approved for this account.

Reward credit cards provide Australians a great way to make their spending count for them. If you want flexibility in your rewards programs, yet a simple account to manage with a number of money savings perks, then the Amplify card is one to consider.

How to apply for the BankSA Amplify Card

The BankSA will give you a response in 60 seconds when you apply online. Check that you meet the eligibility criteria before completing the secure online application form if you have found that this is the right credit card for you:

Eligibility criteria

  • Applicants must be at least 18 years old to be approved for this credit card offer.
  • This credit card offer is only available to Australian permanent residents.
  • You will need to show that you are receiving income on a regular basis.

Required information

Having the following documentation within arm’s reach will make filling in the application easier:

  • Two forms of identification are required for BankSA to be able to confirm your identity.
  • Your employer’s name and contact information
  • Pay slips, current tax documents or bank deposits can all be used to show a steady income.
  • The amount of money you are spending on your monthly expenses

Frequently asked questions

Yes, you will first need to become a member, which can be done on their website.

No, there is no points capping or expiry with either rewards program.

Back to top
Was this content helpful to you? No  Yes

Ask an Expert

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au 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, read the PDS or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms and Conditions and Privacy Policy.

12 Responses

  1. Default Gravatar
    KennethApril 12, 2016

    If I use my BankSA Amplify (Qantas FF) for my direct debits, eg; House Insurance, Car Insurance, Car Registration and other Direct Debits, Do I accumulate frequent flyer points, for such transactions ?
    (2) I understand if I use Bpay (from my Credit Card) to pay such accounts as Gas & Electricity, I can also receive points, is this correct.

    Many thanks.

    • Staff
      SharonApril 12, 2016Staff

      Hi Kennenth, thanks for your inquiry.

      As per BankSa’s Amplify Terms and Conditions, BPAY payments (i.e. bill payments and
      other payments made through the BPay Electronic Payments Scheme) will not earn reward points.

      For more details, kindly refer to PDF I have sent to your email.

      I hope this helps.

      Thanks,

      Sharon

  2. Default Gravatar
    jamesMarch 18, 2015

    With the Amplify Qantas, is one $1 equal to one frequent flyer?

    • Staff
      JonathanMarch 18, 2015Staff

      Hi James, thanks for your inquiry!

      The earnings rate for Amplify Rewards points on this card is 1 point per $1 spent. The conversion rate from Amplify Rewards to Qantas points is 1.00 Amplify point to 0.5 Qantas Points.

      Cheers,

      Jonathan

  3. Default Gravatar
    MalcolmNovember 19, 2014

    Foreign Currency Conversion Fee (VISA) = 3% of transaction value

    Is this at the official Visa rate or does the bank mark-up the Visa rate and then apply the 3%?

    • Staff
      ElizabethNovember 19, 2014Staff

      Hi Malcolm,

      Thanks for your question.

      This rate is set by BankSA. You will only be charged this rate for a foreign conversion fee, as they do not add this on top of any rate set by Visa.

      I hope this has helped.

      Thanks,

      Elizabeth

  4. Default Gravatar
    KarenSeptember 18, 2014

    I am interested in applying for your credit card but every time I click to GO TO SITE on the web it does not work. I also have some questions. Could I please have a tel #

    • Staff
      ShirleySeptember 19, 2014Staff

      Hi Karen,

      Thanks for your question.

      Please note that sometimes if you’re trying to apply from work, there are settings in place that won’t let the page load. However, if you’re applying from home and the page isn’t loading, you can contact us on (02) 9299 7602.

      All the best,
      Shirley

  5. Default Gravatar
    MichelleAugust 1, 2013

    I have a BankSA MasterCard, which has just had the annual fee of $55 taken out. If I wanted to upgrade to Amplify Qantas card with annual fee of $79 – can I just pay the difference to switch cards?

    • Staff
      JacobAugust 1, 2013Staff

      Hi Michelle.
      Thanks for your question.
      Has your annual fee ben reduced as part of a home loan package? If so, you may be able to arrange a discount on a new credit card with the lender, but you will have to speak directly to BankSA to confirm you’re eligibility for a reduced annual fee. They may be able to offer an upgrade to their existing customers.
      Jacob.

  6. Default Gravatar
    LynneApril 2, 2013

    Is the amounts of points capped per year that I can accrue Thank you

    • Staff
      MarcJune 17, 2013Staff

      Hello Lynne,
      thanks for the question!

      There is no point cap associated with this card.

      Cheers,
      Marc.

Credit Cards Comparison

Rates last updated October 22nd, 2017
Name Product Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee Product Description
NAB Premium Card - Exclusive Offer
19.74% p.a.
0% p.a. for 24 months
$90 p.a.
Exclusive to finder.com.au and available until 12 November 2017, enjoy a no BT fee, long-term balance transfer offer and complimentary insurances.
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
20.74% p.a.
0% p.a. for 18 months
$129 p.a.
Earn 3 bonus Velocity Points per $1 for the first 3 months, a first year annual fee refund and a yearly $129 Virgin Australia Gift Voucher.
St.George Vertigo Platinum
12.74% p.a.
0% p.a. for 24 months with 2% balance transfer fee
$99 p.a.
Offers complimentary travel insurance, complimentary purchase insurance and access to a 24/7 personal concierge service.
ANZ Platinum Credit Card - Exclusive Offer
0% p.a. for 3 months (reverts to 19.74% p.a.)
0% p.a. for 12 months
$0 p.a. annual fee for the first year ($87 p.a. thereafter)
Exclusive to finder, receive 0% p.a. interest on purchases for 3 months and 0% p.a. on balance transfers for 12 months with no balance transfer fee.

Compare up to 4 providers

* The credit card offers compared on this page are chosen from a range of credit cards finder.com.au has access to track details from and is not representative of all the products available in the market. Products are displayed in no particular order or ranking. The use of terms 'Best' and 'Top' are not product ratings and are subject to our disclaimer. You should consider seeking independent financial advice and consider your own personal financial circumstances when comparing cards.

Ask a question