Bank of Melbourne Amplify Platinum Credit Card (Amplify)

Name: Bank of Melbourne Amplify Platinum Credit Card (Amplify)
Brand: Bank of Melbourne
Rating: 4.6 (1 reviews)

Earn 100,000 Bonus Amplify Points when you spend at least $3,000 on eligible purchases in the first 90 days from new card approval. Terms and Conditions apply.
Earn 1 point for every $1 spent on eligible domestic and overseas purchases.
You can use your points for gift cards, travel, transferring to partner airline programs, and other rewards.
Comes with complimentary insurance, including Interstate Flight Inconvenience, Rental Vehicle Excess, international travel coverage, extended warranty, purchase protection, and overseas transit accident insurance.

Pros and cons

Earn 100,000 Bonus Amplify Points when you meet the criteria.
No limit on the points you can earn, which is great for high-spenders.
The discounted annual fee for the first year.
Get access to Visa’s Luxury Hotel Collection, offering perks like room upgrades and late checkouts.
Add 1 additional cardholder at no extra cost.
Offers fraud monitoring, secure online shopping, and a Fraud Money Back Guarantee.
Works with Apple Pay, Google Pay, and Samsung Pay.

There is no introductory balance transfer offer, so it’s better suited for everyday spending than consolidating debt.
A 3% fee applies to foreign transactions made with your card.

Additional cardholders. The Amplify Platinum Credit Card allows one additional cardholder for free. You will be responsible for managing the account and repayments.
Digital wallets. Amplify is compatible with Apple Pay, Google Pay, and Samsung Pay digital wallets.
Gambling transactions. Bank of Melbourne has blocked gambling transactions from being made with the Amplify Platinum Credit Card.

Complimentary travel insurance. The Bank of Melbourne Amplify Platinum Credit Card comes with complimentary international travel insurance. To be eligible for cover, the card must have been used to pay for the cost of a journey prior to leaving Australia. Eligibility criteria apply.
Concierge services. The Bank of Melbourne Amplify Platinum Credit Card does not offer a concierge service.
Rewards points. The Bank of Melbourne Amplify Platinum Credit Card offers the Amplify Rewards program which allows cardholders to earn 1 point per $1 spent in the rewards program on eligible purchases, both domestically and overseas. Points do not expire as long as your account is open and in good standing.
Sign-up bonus. Bank of Melbourne offers a signup bonus of 100,000 Amplify points when you spend $3,000 on eligible purchases within the first 90 days.

Annual fee. Get a discounted first-year annual fee of $49 which reverts to an ongoing annual fee of $124.
Balance transfers. This credit card offers a 0% introductory balance transfer rate for 24 months. There is a 1% balance transfer fee and a maximum balance transfer limit of 80%. After the promotional period ends, the revert interest rate of 21.49% applies.
Cash advances. If you make a cash advance, you will be charged interest at the rate of 21.49% p.a., which will begin to accrue immediately. There is a one-off fee for each cash advance made with this card.
Foreign exchange fee. Transactions made in a foreign currency will incur a 3% fee.
Interest-free period. Amplify Platinum Cardholders enjoy up to 55 days interest-free on all purchases except cash advances if your previous balance has been paid in full or the minimum required payment has been made.
Purchases. The Bank of Melbourne Amplify Platinum Credit Card does not have any introductory offer on purchases. Purchases will be charged interest at the rate of 19.49% p.a.