Bank of Melbourne Amplify Platinum Credit Card (Qantas)
Highlights
- Receive up to 70,000 bonus Amplify Points. Acquire 60,000 Qantas Points in the first year upon spending $3k+ on eligible purchases within the initial 90 days from new card approval, and an additional 10,000 points after your first eligible purchase in the second year.
- Benefit from 0% interest for 24 months on balance transfers with a 1% balance transfer fee, reverting to the cash advance rate of 21.49% p.a.
- Pay an annual fee of $99 for the first year ($124 thereafter).
- Earn 0.5 points per $1 spent (uncapped). Plus, get a complimentary Qantas membership fee. Saving you $99.50!
From 1 January 2022, earn 0.5 Qantas Points per $1 up to a maximum of $100,000 spent on eligible purchases annually. Bonus Qantas Bonus Qantas Points not included in the cap.
Pros and cons
Pros
Cons
Our review
Convenience
Customer service
Rates and fees
Rewards
Trust
The basics
- Additional cardholders. You can add up to 1 additional cardholder for free. You will be responsible for the account's management and any repayments.
- Digital wallets. This card is compatible with Apple Pay, Google Pay, and Samsung Pay.
- Gambling transactions. Gambling transactions are not allowed on the Bank of Melbourne Amplify Platinum Credit Card (Qantas).
Rewards and benefits
- Complimentary travel insurance. Complimentary international travel insurance is available with the Bank of Melbourne Amplify Platinum Credit Card (Qantas). To activate the cover, the card must have been used to pay for travel costs related to your trip before you leave.
- Concierge services. The Bank of Melbourne Amplify Platinum Credit Card (Qantas) does not come with access to a concierge service.
- Rewards points. Bank of Melbourne Amplify Platinum Credit Card holders can earn 0.5 Qantas Points per $1 spent on eligible purchases in Australia, and 1 Qantas Point per $1 spent overseas. Points earned are uncapped and do not expire until the account is closed.
- Sign-up bonus. Bank of Melbourne provides a signup bonus of up to 60,000 points when you spend $3000 on eligible purchases within the initial 90 days. Additionally, earn an extra 10,000 points after your first eligible purchase in the second year.
Rates and fees
- Annual fee. Enjoy a discounted first-year annual fee of $99 which reverts to $124 thereafter.
- Balance transfers. This credit card offers a balance transfer with 0% p.a. for 24 months from account opening, with a 1% balance transfer fee. After the introductory period, the revert rate of 21.49% p.a will apply to any remaining balance. Balance transfers are not available from personal loans or cash advances and cannot exceed 80% of your approved credit limit.
- Cash advances. This card has a cash advance rate of 21.49% p.a., which will be charged immediately from the date of the cash advance. In addition to the interest rate, Bank of Melbourne will charge a one-off fee to process any cash advances made with this card.
- Foreign exchange fee. Transactions made in a foreign currency will be subject to a 3% foreign transaction fee.
- Interest-free period. This card offers up to 55 days interest-free on purchases (except cash advances). To qualify, you must have paid off your previous balance or made the minimum required payment.
- Purchases. This card does not have any introductory offer on purchases. Cardholders will pay an interest of 19.49% p.a. for purchases made with this card.
Reviewed by Nilooka Dissanayake
Writer
User reviews
Convenience
Customer service
Rates and fees
Rewards
Trust
Helpful staff
Reviewed by Monica
Staff members in my branch are very helpful and made the process very easy. I have my credit card linked to Qantas points and the annual fee is waived as part of my home loan advantage package. I also receive complimentary travel insurance through the credit card, which is very helpful.
Use it for everything to earn more points
Reviewed by Monica
I don’t pay an annual fee for the credit card as it’s part of my home loan package, and this is for the life of the loan.
I have all my direct debits coming out of this card, as well as grocery shopping, etc, so I can earn as many points as possible to redeem for flights or other items.
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