If you’re keen to get a little more from your credit card, then you can do just that with the Bank of Melbourne Amplify Platinum credit card. To start with they offer cashback, retail, gift card and flight reward options; you can claim these via points, where every $1 spent is a point earnt. They also have a number of bonuses that come for just holding the card, including complimentary overseas travel insurance, extra product warranty and when you go away, they can be called upon for some concierge services.
If you want to hit the ground running on your points earnings, you’ll be able gain an additional 50,000 bonus points if you spend $2,000 in the first 90 days of getting the card.
It should be noted that there are two different versions of this card, the ‘amplify rewards’ option, which might suit spenders after retail rewards or gift cards and the ‘Qantas frequent flyer’ option which allows you to have your points be put straight into your to Qantas Frequent Flyers account instead.
Either way, you won’t have to worry about your points being capped or expiring.
While the rewards are the main thing you’re likely to be looking at, there’s a couple of other aspects to be aware of. The first is the relatively low $99 annual fee and the 19.49% interest rate, which could sting if you don’t pay off your whole balance. Another is the free additional card holder you’re allowed for, which can be useful if you’re interested in sharing the card with someone like a significant other to help boost your points earning.