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 Qantas Signature Card

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Bank of Melbourne Amplify Qantas Signature
Terms and conditions apply
Bonus points
90,000
Purchase rate
19.49% p.a.
Reward points per $ spent
0.75
Annual fee
$370 p.a.

Our verdict

This premium frequent flyer card offers 90,000 bonus Qantas Points, lounge passes and complimentary insurance, with a $370 p.a. annual fee.

The Amplify Qantas Signature Card is Bank of Melbourne’s top-tier frequent flyer credit card. It offers one of the bank’s highest introductory bonus point offers, with 90,000 Qantas Points giving you enough for a return business class flight from Melbourne to Cairns or Sydney to Perth (both 83,000 points). As another example, you could use the bonus points to get $400 of Woolworths WISH digital gift cards (87,220 points for 1 gift card worth $250, 1 gift card worth $100 and 1 gift card worth $50).

Pros

  • 90,000 bonus Qantas Points
  • 0% p.a. on balance transfers for 24 months
  • Earn 0.75 Qantas Point per $1 spent
  • Two complimentary Qantas Club lounge passes per year
  • Shopping cashbacks through ShopBack
  • Includes complimentary overseas travel insurance, purchase security insurance and extended warranty insurance

Cons

  • Charges a 1% balance transfer fee
  • Both the purchase rate and cash advance rate are relatively high
  • 3% foreign currency conversion 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 Qantas Signature Card offers a mix of points and other perks that will appeal to frequent flyers. Right now, it offers a bonus 90,000 Qantas Points when you apply by 31 July 2024 and spend at least $6,000 on eligible purchases in the first 90 days from card approval. That's enough for a return business class flight from Melbourne to Cairns (83,000 points).

Details

Product details

Product Name Bank of Melbourne Amplify Qantas 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 Qantas Frequent Flyer
Bonus points 90,000
Rewards points per $ spent 0.75
Rewards points cap 250,000

Fees

Annual fee $370
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

You can apply for the Bank of Melbourne Amplify Qantas Signature Card online in 10 minutes and receive a response instantly. Before you start, check if you meet the eligibility criteria and have the necessary documents to complete the application.

Eligibility criteria

  • New cardholder. This offer is only available to new customers who have not held a Bank of Melbourne, St.George or BankSA Amplify Platinum or Signature Credit Card in the past 12 months.
  • Residency. To apply online, you must be an Australian citizen or permanent resident.

Card benefits

  • Bonus Qantas Points. Earn 90,000 bonus Qantas Points when you apply for a BoM Amplify Qantas Signature card by 31 July 2024, are approved and spend $6,000 on eligible purchases within the first 90 days from approval. Bonus points will be credited to the account within 12 weeks of meeting the spend requirement.
  • Balance transfer offer. New customers who apply by 31 July 2024 can take advantage of a 0% p.a. 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 will not earn Qantas Points on balance transfers.

Rates & fees

  • Annual fee. This card charges a standard annual fee of $370. This includes both $295 standard fee and $75 annual Qantas Rewards fee.
  • Purchase interest rate. The variable purchase rate of the Amplify Signature is 19.49% p.a.

Your reviews

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Amy Finder

Editor

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Avatar

Pranali

August 14, 2023

Annual fee. This card charges a standard annual fee of $370. This includes both $295 standard fee and $75 annual Qantas Rewards fee.

If you already have paid Qantas flyer reward membership do you still have to pay this??


Avatar

Amy Bradney-George Finder

August 18, 2023

Hi Pranali,

Yes, you would still need to pay the annual Qantas Rewards fee, as this is separate to Qantas Frequent Flyer membership. You may want to compare other Qantas credit cards on Finder based on the annual fee and other details to help choose a card. I hope this helps.


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Joanna

March 02, 2023

Hi. The BOM credit card says ‘eligible purchases”. What would not count as an eligible purchase? I’m think of booking a cruise and wondering if this would be considered an eligible purchase. Thanks for your advise. Much appreciated.


Avatar

Sarah Megginson Finder

March 03, 2023

Hi Joanna,


Yes, booking travel is likely to be accepted as an eligible purchase. Purchases that re not usually deemed to be “eligible” include things like:

There are a number of transactions that are generally deemed as ineligible. These tend to include things like:


– balance transfers

– BPAY transactions

– cash advances

– card and account fees

– gambling or gaming spends

– interest charges


Hope this helps!


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Adam

January 12, 2019

If one was an Amplify credit cardholder with another bank previously, are they still eligible to apply and receive the points with Bank of Melbourne?


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Jhezelyn Finder

January 14, 2019

Hello Adam,


Thank you for your comment.


According to the eligibility for the bonus points promotion, existing customers who currently hold an Amplify Platinum or Amplify Signature card issued by St.George, Bank of Melbourne or BankSA, or who have held one in the last 12 months, are not eligible for this offer.


I hope this answered your inquiry. 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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Linda

October 14, 2018

Hello,


If I apply for this card do I have to wait 12 months before using free lounge passes?


Regards,

Linda


Avatar

Jeni Finder

October 15, 2018

Hi Linda,


Thank you for getting in touch with finder.


Once you apply for this Bank of Melbourne Amplify Signature card and get approved, you may use the complimentary Qantas lounge pass right away. Please note that cardholders receive 2 complimentary Qantas lounge passes only per year.


I hope this helps.


Please feel free to reach out to us if you have any other enquiries.


Thank you and have a wonderful day!


Cheers,

Jeni


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