BankSA Amplify Signature Credit Card

Last updated: Feb 9, 2021

Receive up to 200,000 bonus Amplify Points with the BankSA Amplify Signature credit card.

Winner of the 2020 Finder Award for Best Rewards Credit Card, the BankSA Amplify Signature offers a 24-month bonus point offer when you apply by 28 September 2021. With this bonus points offer, you can earn 100,000 bonus Amplify Points in the first year, plus another 100,000 points in the second year when you spend at least $12,000 on eligible purchases each year. This works out to a total of 200,000 bonus points for a minimum spend of $24,000 in the first 24 months.

If you're looking to consolidate your debt, you can save with 0% balance transfer offer for 15 months, with a one-time 1% balance transfer fee.

200,000

Bonus points

19.74% p.a.

Purchase rate

1.5

Reward points

Per $ spent

$279 p.a.

Annual fee

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Details

Product Name	BankSA Amplify Signature
Rewards program	Amplify Rewards
Balance transfer rate	0% p.a. for 15 months with 1% balance transfer fee
Balance transfer revert rate	Cash Advance Rate (21.49% p.a.)
Balance transfer limit	80% of available limit
Purchase rate	19.74% p.a.
Annual fee	$279
Interest-free period	Up to 55 days on purchases
Cash advance rate	21.49% p.a.
Min credit limit	$15,000
Max credit limit	$80,000
Card type	Visa
Foreign currency conversion fee	3%

Available to temporary residents	Yes - Conditions apply
Joint application	Yes - Conditions apply

Pros

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 the first 15 months
2 complimentary airport lounge passes per year
Complimentary overseas travel insurance for up to 6 months

Cons

Charges a 1% balance transfer fee
Spend requirement is high and staggered over 2 years
Charges a 3% foreign transaction fee

Rewards program	Amplify Rewards
Bonus points	200,000
Rewards points per $ spent	1.5
Rewards points cap	Uncapped

Annual fee	$279
Minimum monthly repayment	2% of the closing balance or $10, whichever is greater
Late payment fee	$15
Foreign currency conversion fee	3%
Cash advance fee	2% or $2.50, whichever is greater
Overseas cash advance fee	2% or $2.50, whichever is greater
Additional cardholder fee	$0
Number of additional cardholders	1

Go to BankSA's site More info

Expert review

Review by

Amy Bradney-George

amy.bradney-george@finder.com

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 BankSA Amplify Signature is a premium rewards credit card that offers 1.5 Amplify Points per $1 spent, 2 Priority Pass lounge visits each year and complimentary travel insurance. You can also get access to exclusive hotel benefits through Visa Luxury Hotels and other premium Visa offers.

To get the most value from the 200,000 bonus point offer currently on this card, you’ll need to use it for at least 2 years. In that time, you will also have to spend an average of $1,000 on eligible purchases each month. If you meet the offer requirements, though, you could redeem your bonus points for 100,000 frequent flyer points with Velocity Frequent Flyer, Singapore Airlines KrisFlyer or Malaysia Airlines Enrich. Or – if you’re more interested in putting a fixed dollar value on this bonus point offer – you could redeem them for $900 worth of David Jones eGift cards.

Beyond rewards value, it’s important to think about the card’s costs. This includes a variable interest rate of 19.74% p.a. for purchases that is at the higher end of the scale, as well as the $279 p.a. annual fee. So if you want to keep the card beyond the 2-year introductory period, think about whether the potential value you can get from this card is enough to justify these costs.

How to apply

You can apply for the BankSA Amplify Signature online in around 10 minutes. To get started, check that you meet the following eligibility criteria and have all the documents and details needed to complete your application

Eligibility criteria

New cardholder. The bonus point offer on this card is only available if you are a new cardholder and have not held an Amplify Platinum or Amplify Signature card issued by St.George, Bank of Melbourne or BankSA in the last 12 months.
Residency. To apply online, you must be an Australian citizen or permanent resident.

Eligible balance transfer debt. If you are planning to transfer a balance, you can transfer from $200 up to 80% of your available credit limit from Australian store, charge or credit cards not issued by St.George, Bank of Melbourne or BankSA.
Age. You must be at least 18 years old to apply.

Required documents

Personal details. This includes your name, email address, contact number, residential address and marital status. You also need to provide valid ID, such as your driver's licence or passport.
Employment details. Details you need to provide include your job title, salary and employer's contact details. You may also be asked for documents that verify these details, such as recent payslips or bank statements.
Financial details. This includes government payments, pensions or other forms of income, as well as assets such as savings. You also need to share details of your existing debts, cards and other loans, as well as estimates of your regular household expenses.
Balance transfer details. If you want to take advantage of the balance transfer offer on this card, you need to include details of the debt, such as the account name, number, provider's BSB and the total amount of debt you want transferred.

Go to BankSA's site More info

Card benefits

Up to 200,000 bonus Amplify Points. Apply by 28 September 2021 to receive 100,000 bonus Amplify Points in the first year when you spend $12,000 on eligible purchases over the course of the year and another 100,000 bonus points in the second year when you meet the same spend requirement. If you do not meet the spend requirement in the first year, you are still eligible to take advantage of the bonus point offer during the second year. Points will be credited to your account within 12 weeks of the spend requirement(s) being met.
Balance transfer offer. Apply by 28 September 2021 and take advantage of a 0% interest rate for the first 15 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. Note that you can only transfer balances from non-St.George, non-BankSA and non-Bank of Melbourne credit cards to your existing BankSA credit card account.

Priority Pass lounge visits. You can relax before your next flight in style with 2 Priority Pass lounge visits per year when you use your card to enrol at banksa.com.au/amplifysignature.
Amplify Rewards. For each eligible dollar spent at an Australian or overseas retailer, you will earn 1.5 Amplify Points. This earn rate is uncapped. Transactions that don't earn points include balance transfers, cash advances, account fees and a purchase from or payment to a government or government related agency.
Complimentary travel insurance. Get access to overseas travel insurance on trips of up to 6 months when you use your card for at least $500 of prepaid travel expenses (such as flights or accommodation) and have a return ticket. This cover is also offered to your eligible spouse and/or dependent children travelling with you.
Complimentary insurance for purchases. This card offers extended warranty insurance and price guarantee cover for eligible items you buy with it.
Hotel benefits. Credit card holders get to enjoy hotel benefits such as VIP guest status, automatic room upgrades, best rate guarantee and other benefits. These benefits are available as part of the Visa Luxury Hotel Collection when you pay with the Amplify Signature.
Mobile payment technology. You can make payments just by tapping your eligible phone or device on the contactless payment terminal if you add this card to your Google Pay, Apple Pay or Samsung Pay wallet.

Rates & fees

Annual fee. This card charges a standard annual fee of $279.
Interest rate. If you carry a balance on this card, you will be charged at the purchase interest rate of 19.74% p.a. (variable).

Interest-free days. You will receive up to 55 days interest-free on new purchases when you pay your monthly payment balance listed on your statement in full by the payment due date. Note that these interest-free days are separate from any longer-term interest rate promotions and the monthly payment balance excludes current balance transfers.
Foreign transaction fee. A fee of 3% applies when you use this card to pay for purchases made in a foreign currency or processed overseas.
Cash advances. Cash equivalent transactions and withdrawals attract interest at the variable cash advance rate of 21.49% p.a. You will also be charged a one-time fee of 2% of transaction amount or $2.50, whichever is greater (capped at $150/transaction).
Additional cardholder. You can add 1 extra cardholder to your credit card free of charge.

Go to BankSA's site More info

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17 Comments

julien
December 8, 2018

I cannot see the Go to Site button.

finder Customer Care

Jhez
December 12, 2018

Hello Julien,

Thank you for your comment.

If you’re referring to the BankSA Amplify Signature – Online Offer Go to Site button, you can see it above inside the green button at the right side of the screen.

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

CLAUDIO
April 2, 2018

HI I HAVE JUST APPLIED FOR THIS PARTICULAR CARD AND I WANT TO ADD MY WIFE AS AN ADDITIONAL CARD HOLDER, CAN THIS BE DONE? CHEERS CLAUDIO

finder Customer Care

May
April 2, 2018

Hi Claudio,

Thanks for your inquiry.

Yes, that’s possible. Additional cardholder is free. Please contact BankSA directly if you want to add your wife.

Cheers,
May

CLAUDIO
April 2, 2018

Thank You So much

asha
February 8, 2018

Do you get Qantas points when paying ATO with BankSA Amplify Signature Card ?

Joel
February 28, 2018

Hi Asha,

Thanks for leaving a question on finder.

Since ATO is a government transaction, you will not get points when make transactions there. While Amplify Points are earned when you purchase goods and services, please note that Amplify Points are not earned in respect of the following amounts that may be charged to your Card Account:

• government charges (other than GST payable in connection with the purchase of goods or services on which you earn Amplify Points)
• interest and other bank fees and charges (including any GST payable on any of these)
• cash advances
• balance transfers
• BPAY payments, i.e. bill payments and other payments made through the BPAY Electronic Payments Scheme.

Also, if you (or an Additional Cardholder) return any goods or services purchased with the Card or Card Account, or your Card Account is credited in connection with a disputed transaction, St.George will adjust the Amplify Points total earned by deducting any Amplify Points, which were earned in connection with the original or disputed transaction.

Cheers,
Joel

Doug
January 14, 2018

Hello,
This add says a new cardholder receives 90,000 bonus Amplify or Qantas points if they apply by 18 April 2018 and meet the spend requirements. Can you please confirm the QANTAS points transferred are 90,000?
Thank you.
Kind regards,

Arnold
January 15, 2018

Hi Doug,

Thanks for your inquiry

Yes, that is correct. The new card holder receives 90,0000 Amplify or Qantas points if you meet the requirements.

Hope this information helps

Cheers,
Arnold

Cal
October 11, 2017

Hi! With regards to Qantas FF points, your site mentions we can redeem over 3,000 products, vouchers and experiences on offer under the program but you haven’t actually specified flights. Just to get clarification, are points earned able to be used for flights too?

Jonathan
October 11, 2017

Hello Cal,

Thank you for your inquiry today. :-)

Yes, you can redeem Qantas points on flights such as:
– Classic Award flights on Qantas and 35 partner airlines
– Qantas and Jetstar Any Seat Award flights
– Flight Upgrade Awards on eligible Qantas flights when available

Hope this clarifies.

Cheers,
Jonathan

Lui
January 18, 2017

I was wondering which is the better value. Amplify rewards or Qantas rewards. Although amplify rewards gives me 1.5 points for every $ spent and Qantas gives only .75 points. I get the impression that when I compare the same product on both, although qantas gives lower points for $ spent the redemption of points is better value than Amplify rewards. e.g if an item on Amplify Rewards is say 50000 points in value, the qantas rewards for the same product may only be 30000 points. Does this make sense to any one or am I wrong?

finder Customer Care

May
January 19, 2017

Hi Lui,

Thank you for your inquiry.

Determining whether who gives a better value between the Amplify and Qantas program actually depends on your preferences and needs and what you think how you could use the rewards they offer. You are actually correct, that in terms of earning points, the Amplify Rewards will allow you get a higher ratio. You can earn 1.5 Amplify Points for each eligible dollar spent at an Australian retailer and 3 Amplify points if you make purchases at an overseas merchant. Whilst the Amplify Qantas have lower earning ratio. You can earn 0.75 Qantas Points for every dollar spent ith purchases made at Australian merchants and 1.5 Qantas Points with transactions made with overseas merchants.

Please note that these points you get do not have a monetary value. So if you want to redeem your points for gift cards, retail vouchers, home wares, etc., you can go for Amplify but if you want to have access to more than 3,000 products, vouchers and experiences offered by the Qantas Frequent Flyer program, you may opt for the Amplify Qantas.

Cheers,
May

Peter
May 21, 2016

Hi,

Will the 20 months zero 0% balance transfer for a Bank of SA amplify signature card have to be applied at the time when I apply for the card( ie at the point of card application) ? Or can I do and still enjoy 0% the balance transfer later after card approval?

finder Customer Care

May
May 23, 2016

Hi Peter,

Thanks for your inquiry.

With BankSA, you can request a balance transfer when you apply for your credit card and they will arrange to transfer the balance for you. Once your card application is approved, you have to activate your BankSA card for the balance transfer to take place. If you take advantage of a promotional balance transfer rate offer, the period starts when the balance is transferred.

Hope this has answered your question.

Cheers,
May

KEN
January 17, 2016

Is the information about the qantas reward points correct for the BankSA Amplify Signature Card. It states 1.50 qantas points for every $ spent. Should this be 0.75 points?

finder Customer Care

Debbie
January 17, 2016

Hi Ken,

Thanks for your question.

For BankSA Amplify Signature card, there are two rewards program attached to the product. If you choose Amplify Rewards, you can earn 1.5 points per dollar spent. The other rewards program is the Amplify Qantas which is 0.75 per dollar spent.

Kindly check our guide to understand more about rewards program for credit cards, Please ensure to read through the relevant product disclosure statement and terms and conditions of the card to ensure you are informed of your transactions.

I hope this helps.

Cheers,
Debbie

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