BankSA Amplify Signature
- Earn up to 200,000 bonus Amplify Points
Discounted $179 first year annual fee
Offer ends 2 October 2019
Eligibility criteria, terms and conditions, fees and charges apply
Receive up to 200,000 bonus Amplify Points and a discounted annual fee in the first year with a BankSA Amplify Signature credit card.
Apply for the BankSA Amplify Signature by 2 October 2019 to take advantage of a discounted $179 first year annual fee (saving you $100) and a 24-month bonus point offer.
With this bonus point 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.
| Product Name | BankSA Amplify Signature |
|---|---|
| Rewards Program | Amplify Rewards |
| Balance transfer rate | 0% 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 Limit | 80% of available credit limit |
| Purchase rate (p.a.) | 19.74% p.a. |
| Offer end date | 2 October 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 Type | Visa |
| 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 Insurance | Yes |
| Minimum Age | 18 years of age |
|---|---|
| Available To Temporary Residents | No |
| Joint Application | Yes |
| Annual fee | $179 p.a. annual fee for the first year ($279 p.a. thereafter) |
|---|---|
| Minimum Monthly Repayment | 2% 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 Fee | 2% of each cash advance amount (minimum of $2.50 capped at $150 per transaction) |
| Overseas Cash Advance Fee | 2% of each cash advance amount (minimum of $2.50 capped at $150 per transaction) |
| Gambling Transactions Allowed | Yes |
| Additional Cardholder Fee | $0 |
| Number of Additional Cardholders | 1 |
Pros
- 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.
- Discounted $179 annual fee for the first year.
- 0% p.a. interest for 6 months on balance transfers.
- Two complimentary airport lounge passes per year.
- Complimentary insurance covers, including international travel insurance.
Cons
- Both the purchase rate and cash advance rate are relatively high.
| Rewards Program | Amplify Rewards |
|---|---|
| Bonus Points | 200,000 bonus points |
| Rewards Points per $ spent (VISA/MC) | 1.5 |
| Rewards Points per $ (VISA/MC) Cap | Uncapped |
Benefits of the BankSA Amplify Signature Credit Card
- Up to 200,000 bonus Amplify Points. Apply by 2 October 2019 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 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.
- Discounted annual fee for the first year. Apply by 2 October 2019 and benefit from a discounted $179 first year annual fee, saving you $100.
- 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.
- 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.
- Complimentary travel insurances. 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.
- Balance transfer offer. Apply by 2 October 2019 and 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 BankSA Amplify Signature Credit Card
Below are some of the notable fees and features of this credit card:
- Annual fee. Outside of any promotions, this card charges a standard annual fee of $279. This makes it important to think about whether the value you will get from rewards and other benefits can justify the account cost.
- 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).
- Cash advance rate. Cash equivalent transactions and withdrawals attract interest at the variable cash advance rate of 21.49% p.a. You also pay a fee of 2% of each cash advance amount (minimum of $2.50 capped at $150 per transaction).
- Interest-free days. Get up to 55 days interest-free on purchases when you pay your balance in full by the due date on your statement.
- 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.
- Additional cardholder. You can add 1 extra cardholder to your credit card free of charge.
How to apply for the BankSA Amplify Signature Credit Card
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
- Residency. You must be an Australian citizen or permanent resident.
- Age. You must be at least 18 years old.
- 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.
Documents and details to provide
- 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.
I cannot see the Go to Site button.
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
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
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
Thank You So much
Do you get Qantas points when paying ATO with BankSA Amplify Signature Card ?
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
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,
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
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?
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
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?
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
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?
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
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?
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.
To understand more about rewards program for credit cards, kindly check our guide here.
I hope this helps.
Cheers,
Debbie