Bank of Melbourne Amplify Platinum Qantas Card

Offers 60,000 bonus Qantas Points, uncapped points per $1 spent and complimentary insurance, with a $99 p.a. annual fee.

The Bank of Melbourne Amplify Platinum Qantas Card gives you a way to earn 0.5 Qantas Points per $1 on your everyday, eligible spending. While there are higher earn rates on the market, this is competitive for cards with similar annual fees.

The Bank of Melbourne Amplify Qantas Card also offers complimentary insurance options for eligible overseas trips, as well as extended warranty cover and purchase protection insurance for eligible purchases. If you pay the full amount listed on your statement by the due date, you can get interest-free days on purchases. Otherwise, a 19.74% p.a. variable interest rate will apply to your purchases.

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Amy Bradney-George

Last Updated Aug 5, 2021

0% p.a.

Balance transfer rate

for 15 months with 1% balance transfer fee

60,000

Bonus points

19.74% p.a.

Purchase rate

0.5

Reward points

Per $ spent

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Details

Product Name	Bank of Melbourne Amplify Platinum - Qantas
Rewards program	Qantas Frequent Flyer
Balance transfer rate	0% p.a. for 15 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	19.74% p.a.
Annual fee	$99
Interest-free period	Up to 55 days on purchases
Cash advance rate	21.49% p.a.
Min credit limit	$6,000
Max credit limit	$80,000
Card type	Visa
Foreign currency conversion fee	3%

Available to temporary residents	Yes - Conditions apply
Joint application	Yes - Conditions apply

Pros

60,000 bonus Qantas Points
Balance transfer rate of 0% for the first 15 months
Uncapped rewards points on eligible purchases
Complimentary travel and purchase insurances

Cons

Charges a 1% balance transfer fee
The earn rate of 0.5 Qantas points per $1 spent is lower than some other platinum cards
Does not offer airport lounge passes

Rewards program	Qantas Frequent Flyer
Bonus points	60,000
Rewards points per $ spent	0.5
Rewards points cap	Uncapped

Annual fee	$99
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	2% or $2.50, whichever is greater
Overseas cash advance fee	2% or $2.50, whichever is greater
Additional cardholder fee	$0
Number of additional cardholders	1

Go to Bank of Melbourne's site More info

Review by

Amy Bradney-George

[email protected]

Amy Bradney-George has been writing about personal finance for more than 13 years – including over 600 articles as a senior writer for Finder. Her work has also appeared in publications including Money Magazine, The Sydney Morning Herald, Financy, ABC News Australia and Equity Magazine. Amy has a Bachelor of Arts in Journalism and Drama from Griffith University.

Expert review

The Bank of Melbourne Amplify Platinum Qantas Card has a $99 p.a. annual fee that's competitive among Qantas Frequent Flyer credit cards. Its bonus points offer also gives you a way to get extra value. To give you some examples, you could fly one-way in business class from Sydney to Christchurch (41,500 points plus fees and taxes) or return from Brisbane to Adelaide in business class (55,200 points) with the bonus points.

This card also offers complimentary insurance and access to Visa Luxury Hotels, which offers a best-rate guarantee at partnered hotels. While there are other Qantas credit cards that offer more premium perks like airport lounge passes or bigger bonus point offers, you’re likely to pay a higher annual fee for them.

How to apply

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

Eligibility criteria

New customer. The bonus points offer is only available to new Bank of Melbourne customers. This exclusion applies to people 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.
Residency. To apply online, you must be an Australian citizen or permanent resident.

Age. You must be 18 years of age or older.
Credit history. You'll need a good credit history with no defaults or bad debt to receive approval.
Eligible balance transfer debt. If you elect to transfer a balance, you can transfer from $200 up to 80% of your available credit limit from up to three Australian credit, store or charge card accounts not issued by St.George, Bank of Melbourne or BankSA.

Required documents

Personal information. This includes your full name, date of birth, residential address, contact information, marital status and number of financial identification.
Proof of identification. To verify your identity, you'll need a valid Australian driver's licence, passport, Medicare card, birth certificate or NSW photo card.
Income. You'll need to confirm your annual income with payslips, bank statements or similar financial documents on hand to verify your income.
Finances. Have a detailed list of your financial assets and liabilities on hand.
Employment. You'll need to confirm your current place of employment and provide your employer's contact information. If you're self-employed, you'll need to have your tax information on hand. You may also need your accountant's contact information.
Qantas Frequent Flyer number. To ensure your Qantas Points are credited to your account, you need to provide your Qantas Frequent Flyer membership number.
Balance transfer information. If you're transferring a balance(s), you'll need to provide the amount, account number and BSB number of the cards you're transferring from.

Go to Bank of Melbourne's site More info

Card benefits

Bonus Qantas Points offer. Apply for a Bank of Melbourne Amplify Platinum Card by 30 November 2021 and spend $3,000 within the first 90 days to receive 60,000 bonus Qantas Points. Your bonus points will be credited to your Qantas Frequent Flyer account within 12 weeks of meeting the spend criteria.
Balance transfer offer. New customers who apply by 30 November 2021 can take advantage of a 0% interest rate for the first 15 months on balance transfers, with a one-time 1% balance transfer fee. After the promotional period, any balances remaining will collect the variable cash advance rate.

Uncapped Qantas Points. Earn 0.5 Qantas Points per $1 spent on eligible transactions in Australia and with overseas merchants. Eligible transactions cover most of your everyday spending categories, including groceries, petrol and dining or take-away. 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.
Complimentary travel insurance. Travel with peace of mind and save on necessary costs with complimentary international travel insurance. The policy covers you, your spouse and dependent children travelling with you for up to 3 months of travel. The cover includes emergency and medical services, loss or damage of personal property, travel cancellation or delay and more.
Extended warranty. When you purchase certain items that come with a manufacturer's warranty with your Amplify Platinum card, you will get an extended warranty that will come into effect when the manufacturer's warranty ends. This is helpful with larger purchases that can be costly to fix or replace.
Purchase protection. If a newly-purchased item gets damaged or stolen, purchase protection through your Amplify card can help you get a reimbursement or pay for repairs on the item as long as the claim falls within a certain time frame after the original purchase date.
Mobile payment technology. You can easily make contactless payments with your eligible device if you add this card to your Apple Pay, Samsung Pay or Google Pay wallet.

Rates & fees

Annual fee. The Bank of Melbourne Amplify Platinum charges a $99 p.a. annual fee.
Purchase rate. This card charges a 19.74% p.a. interest rate on purchases (variable).

Interest-free days. When you pay your monthly payment balance in full, which excludes current balance transfers, listed on your statement by the payment due date, you will receive up to 55 days interest-free on new purchases. Note that interest-free days are separate from any longer-term interest rate promotions.
Cash advances. If you use your card to make a cash advance, such as an ATM withdrawal, you'll immediately collect the variable 21.49% p.a. interest rate. You'll also be charged a cash advance fee of 2% or $2.50 (whichever is greater, capped at $150 per transaction).
Credit limits. This card offers credit limits ranging from $6,000 to $80,000.
Additional cardholders. You can choose to add an additional cardholder to your account for $0. Eligible purchases on the additional card will also earn points, so it could help you boost your points balance.

Go to Bank of Melbourne's site More info

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Bank of Melbourne Amplify Platinum Qantas Card