In this guide

  • Our verdict
  • Details
    • Product details
    • Eligibility
    • Rewards
    • Fees
  • How to apply
  • Card benefits
  • Rates & fees
  • Your reviews
  • Ask a question
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Bank of Melbourne Amplify Signature Credit Card

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Bank of Melbourne Amplify Signature
Terms and conditions apply
Bonus points
150,000
Purchase rate
19.49% p.a.
Reward points per $ spent
1.5
Annual fee for the first year ($295 p.a. thereafter)
$199 p.a.

Our verdict

Bank of Melbourne’s Amplify Signature offers 150,000 bonus Amplify Points and a $199 annual fee for the first year, which goes to $295 p.a. after that.

The Bank of Melbourne Amplify Signature is a premium rewards credit card that offers both a competitive introductory offer and ongoing features. The major drawcard here is 150,000 bonus Amplify points, which you can only collect if you spend at least $12,000 on eligible purchases in the first 12 months. This is different to credit card bonus point offers that have spend requirements over the first few months – and averages out to $1,000 of eligible spending each month in the first year.

Pros

  • 150,000 bonus Amplify Points
  • Discounted $199 first-year annual fee
  • 0% p.a. on balance transfers for 24 months
  • 2 complimentary airport lounge passes per year
  • Complimentary overseas travel insurance for up to 6 months
  • Shopping cashbacks through ShopBack

Cons

  • Charges a one-time 1% balance transfer fee

In this guide

  • Our verdict
  • Details
    • Product details
    • Eligibility
    • Rewards
    • Fees
  • How to apply
  • Card benefits
  • Rates & fees
  • Your reviews
  • Ask a question

The Bank of Melbourne Amplify Signature offers the bank’s highest credit card points rate, earning 1.5 Amplify Points per $1 spent. Plus, perks including 2 airport lounge passes each year and complimentary insurance.

Details

Product details

Product Name Bank of Melbourne Amplify Signature
Balance transfer rate p.a. 0% for 24 months with 1% balance transfer fee, then 21.49%
Balance transfer limit 80% of available limit
Purchase rate p.a. 19.49%
Interest-free period Up to 55 days on purchases
Cash advance rate p.a. 21.49%
Min credit limit $15,000
Max credit limit $80,000
Card type Visa

Eligibility

Available to temporary residents Yes - Conditions apply
Joint application No

Rewards

Rewards program Amplify Rewards
Bonus points 150,000
Rewards points per $ spent 1.5

Fees

Annual fee $199 first year ($295 after)
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 3% of each cash advance amount
Additional cardholder fee $0
Number of additional cardholders 1

How to apply

If you've compared your options and want to apply for the Bank of Melbourne Amplify Signature, you can fill out an online application form in around 10-20 minutes. Get started by making sure you meet the following eligibility requirements and have all the documents and details you'll need to complete the application.

Eligibility criteria

  • New cardholder. To take advantage of the bonus point offer on this card, you must not currently hold an Amplify Platinum or Amplify Signature Credit Card from Bank of Melbourne, St.George or BankSA. You also must not have held any of these accounts within the past 12 months.
  • Residency. To apply online, you must be an Australian citizen or permanent resident.

Card benefits

  • 150,000 bonus Amplify Points. Apply by 31 July 2024 to collect 150,000 bonus Amplify Points in the first year when you spend at least $12,000 on eligible purchases. Points will be credited to the account within 12 weeks of meeting the spend criteria.
  • Reduced first-year annual fee. Save with a $199 annual fee for the first year (reverts to $295 p.a. thereafter) when you apply and get approved by 31 July 2024.

Rates & fees

  • Annual fee. Outside of any promotions, this card charges a standard annual fee of $295.
  • Interest rate. The variable purchase rate of the Amplify Signature card is 19.49% p.a.

Your reviews

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Ask a question

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Amy Finder

Editor

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Allan Frederick

June 12, 2023

You say points are Amplify Rewards. Are these Qantas Frequent Flyer rewards and how and when are they sent to my QFF Points tally as I am a Platinum QFF Member


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Amy Bradney-George Finder

June 15, 2023

Hi Allan,

Yes, you can earn Qantas Points with the Bank of Melbourne Amplify Signature Qantas Credit Card. Details of the Qantas Points earned and transferred to your frequent flyer account will be shown on each statement. I hope that helps.


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Gary

December 17, 2018

WHERE DO YOU GO TO ON THE SITE TO APPLY?


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Jhezelyn Finder

December 18, 2018

Hello Gary,


Thank you for your comment.


To apply for the Bank of Melbourne Amplify Signature – Online Offer through finder, please click the Go to Site (green) button above.


Please make sure though to read the eligibility criteria, features and details of the card, as well as the relevant PDS/ T&Cs of the card before making a decision and consider whether the product is right for you.


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


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Sarah

March 13, 2018

Hi There,


Just wondering if anyone knows whether it is ok to do the Qantas bonus points offers across St George, Bank of Melbourne? I read the fine print and it’s not excluded specifically, but only now refers to “Amplify” program so not sure if this is across their entire group.


Thanks!


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CJ

July 20, 2018

How long does it take the card to arrive?


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Jeni Velasco Finder

March 13, 2018

Hi Sarah,


Thanks for getting in touch with finder.


Since you are enquiring about earning Qantas bonus points if not an Amplify Signature Credit Card user, you can also refer to this link https://www.finder.com.au/credit-cards/bank-of-melbourne-credit-cards. As you can read from the said page, cards which are not Amplify are not earning Qantas bonus points. You can see them when you look at the table to compare the credit cards and check under Rewards Program tab.


I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.


Have a wonderful day!


Cheers,

Jeni


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