BankSA Amplify Signature Credit Card

Offers 150,000 bonus Amplify Points, uncapped points per $1 spent and a $139 annual fee in the first year, which goes to $279 p.a. after that.

The BankSA Amplify Signature is a top-tier rewards card, offering 1.5 Amplify Points per $1 on eligible spending, 2 complimentary airport lounge passes each year and complimentary insurance. If you apply by 31 December 2022, you'll also earn 150,000 bonus Amplify Points when you spend at least $12,000 on eligible purchases in the first year. That's enough for $675 in eGift card rewards (among other things).

This offer also has a $139 annual fee in the first year. After that, a $279 annual fee applies, which is on par with other cards that offer more than 1 point per $1 uncapped. This card also offers 0% on balance transfers for the first 24 months, with a one-time balance transfer fee of1%.

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Amy Bradney-George

Last Updated Jun 2, 2022

150,000

Bonus points

19.49% p.a.

Purchase rate

1.5

Reward points

Per $ spent

$139 p.a.

Annual fee

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

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Details

Product Name	BankSA Amplify Signature
Rewards program	Amplify Rewards
Balance transfer rate p.a.	0% for 24 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 p.a.	19.49%
Annual fee	$139 for the first year ($279 thereafter)
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	No

Pros

Earn 150,000 bonus Amplify Points
A discounted annual fee of $139 in the first year
0% p.a. on balance transfers for the first 24 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	150,000
Rewards points per $ spent	1.5
Rewards points cap	Uncapped

Annual fee	$139 for the first year ($279 thereafter)
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	3%
Overseas cash advance fee	2% or $2.50, whichever is greater
Additional cardholder fee	$0
Number of additional cardholders	1

Review by

Amy Bradney-George

amy.bradney-george@finder.com

Amy has been writing about personal finance for more than 13 years – including over 600 articles as a senior writer for Finder. She is also the editorial lead for Finder Green, covering sustainability across different industries. Her work has appeared in publications including Money Magazine, The Sydney Morning Herald, Financy, ABC News Australia and Equity Magazine. Amy also has a Bachelor of Arts in Journalism and Drama from Griffith University.

Expert review

The BankSA Amplify Signature offers a lot of value in the first year, with the 150,000 bonus Amplify Points worth $675 in eGift card rewards. You can also transfer your points to Velocity Frequent Flyer or Singapore Airlines KrisFlyer, get other travel rewards or shop the Amplify Rewards store for coffee machines and other retail items. As the spend requirement of $12,000 applies for the first 12 months, you could meet it by spending an average of $1,000 per month on the card.

It also offers 1.5 Amplify Points per $1 spent, 2 Priority Pass lounge visits each year, complimentary travel insurance and access to exclusive hotel benefits through Visa Luxury Hotels and other premium Visa offers. The reduced annual fee in the first year gives you a short-term way to save on account costs, but keep in mind that it has a $279 p.a. annual fee after the first year and a variable interest rate of 19.49% p.a. for purchases if you're not eligible for interest-free days . So if you want to keep the card beyond the 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.

Card benefits

150,000 bonus Amplify Points. Apply by 31 December 2022 and you'll get 150,000 bonus Amplify Points when you spend $12,000 on eligible purchases in the first 12 months. Points will be credited to your account within 12 weeks of the spend requirement being met.
Discounted first-year annual fee. Save $140 on the standard annual fee, with a first-year annual fee of $139 when you apply and get approved for a new BankSA Amplify Signature Credit Card by 31 December 2022. After the first year, the annual fee is $279 p.a.

Balance transfer offer. Apply by 31 December 2022 and take advantage of a 0% 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. 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 https://www.prioritypass.com/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.
Birthday bonus points. Within 4 weeks of your birthday, you'll get an extra 10% of the points you've earned from eligible spending in the previous 12 months. Just keep in mind that the birthday bonus is based on points earned through eligible spending, and doesn't include other bonus points in the calculations.
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. Outside of any promotions, 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 19.49% 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 3% of each cash advance amount.
Additional cardholder. You can add 1 extra cardholder to your credit card free of charge.

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17 Comments

Julien
December 8, 2018

I cannot see the Go to Site button.

Reply
- 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
  
  Reply
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

Reply
- 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
  
  Reply
- CLAUDIO
  April 2, 2018
  
  Thank You So much
  
  Reply
asha
February 8, 2018

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

Reply
- 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
  
  Reply
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,

Reply
- 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
  
  Reply
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?

Reply
- 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
  
  Reply

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BankSA Amplify Signature Credit Card