Thumbnail icon for Bank of Melbourne

Bank of Melbourne Amplify Platinum

The details shown below are for a card with Amplify Rewards

The details shown below are for a card with Qantas Frequent Flyer

Choose the version of this credit card that suits you best

  • Amplify Platinum (Amplify Rewards)

    Rewards: Amplify Rewards

  • Amplify Platinum (Qantas Frequent Flyer)

    Rewards: Qantas Frequent Flyer

Purchase rate
19.74% p.a.
Balance transfer rate
0% p.a. for 6 months and then 19.74% p.a.
Annual fees
$99 $49 in the first year
Interest free days on purchases
55
Purchase rate
19.74% p.a.
Balance transfer rate
0% p.a. for 6 months and then 19.74% p.a.
Annual fees
$99 $49 in the first year
Interest free days on purchases
55

Mozo editorial review Bank of Melbourne Amplify Platinum

Last updated: 4 October 2019.

binocular icon
What's hot
  • Up to 100,000 bonus points (conditions apply)
  • Choose between Qantas Frequent Flyer or Amplify Rewards
  • Cashback and flight rewards
What's not
  • 3% foreign exchange margin
Mozo snapshot

Being rewarded for your spending is the dream and with Bank of Melbourne Amplify Platinum credit card providing ample rewards, it can be a reality. You can rake in 1 point per $1 spent as well as earning up to 100,000 bonus points - 70,000 bonus Amplify Points in the first year plus a further 30,000 the second when you spend at least $6,000 each year on eligible purchases. The card also comes with other bonuses like concierge service and extended warranty available just for having the card.


key icon
Key features

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 70,000 bonus points if you spend $6,000 in the first year of having the card, and an extra 30,000 the second when you spend at least $6,000 in the second year as well.

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 ($49 for the first year) and the 19.74% 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.


snapshot
Who is it good for

The Bank of Melbourne Amplify Platinum credit card is best for someone who is looking for some extra rewards for all their spending,while the Qantas Frequent Flyer option is particularly good for travel lovers looking for an extra way to rack up Qantas Frequent Flyer points.

snapshot
Any catches

For those looking to do a lot of international travelling, you should be aware of the 3% foreign exchange margin.

Rewards program details

Rates and fees information correct as at 29 May 2020. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
What your points get you

Fly Sydney to London return

212,000 points

Fly Sydney to Melbourne one-way

-

$100 Giftcard

22,200 points

$100 Cash

18,000 points

Points earning

1 point per dollar on Visa, uncapped

Rewards scheme

Transfer points to a range of airline programs or redeem your points for travel, gift cards, retail rewards and shopping gift cards.

You can get flights via Enrich or KrisFlyer programs.

Special offers

Receive 70,000 bonus Amplify Points in year 1 plus a further 30,000 in year 2 when you spend at least $6,000 each year on eligible purchases.

Value of rewards points

Spend $18,182 (Visa)

Spend $22,200 (Visa)

Spend $212,000 (Visa)

Uncapped

Never

How do we calculate the rewards?

To work out the "Rewards value minus fees" in our Rewards Revealer we:

  • calculate how many points you'd get each year,

  • figure out how many flights or gift cards or cashback credits you could get for those points,

  • work out what that's actually worth to you,

  • take off the annual fee you'd pay.

More details:

  • Our calculations are designed to help you compare the value of different rewards schemes. To do this, we've looked at earning a one-way Sydney-Melbourne flight excluding taxes and charges, a return Sydney-London flight excluding taxes and charges, a $100 shopping Gift Card and $100 cashback. Most cards will also offer other rewards, which may be worth more or less than the ones we've shown.

  • We have made no allowance for bonus points for using your card at specific merchants, introductory offers or special offers. We have not assigned any value to instant discounts, insurances, ticketing and concierge services or other such benefits.

  • Rewards value calculations do not take credit card interest into account. If you do not pay off your card each month you may be better off looking for a card based on interest rates than on the value of rewards.

  • In products that have more than one card, a different mix of spend between American Express / Visa / Mastercard will give different results. Mozo's Rewards Revealer lets you choose the mix based on the way you would use such a product, and gives you tailored results.

  • We assume flights purchased with airline points are 'classic' or 'reward' economy seats with restricted seat availability. 'Any seat' rewards will probably cost more.

  • To compare the value of flight rewards, we sample online retail flight prices once a quarter based on the average price on a Wednesday 3 months in advance but outside NSW school holidays. For domestic flights we take the lowest available fare from each flight on that day from Qantas Red e-deal, Virgin Australia Saver including baggage and Jetstar Starter including baggage. We calculate the average price excluding taxes and surcharges for each airline, and also the average across all airlines (which we use when rewards are travel agent vouchers). For international flights, we take the lowest available fares on that same Wednesday from each of Qantas, Emirates, Malaysian, Etihad, Singapore, Cathay Pacific and Thai, assuming a return flight 2 weeks later, calculate the average price before taxes and surcharges and use this as our assumed cost of a flight on any airline.

  • Shopping rewards are based on $100 gift cards from a major national department store.

  • We make every effort to ensure our calculations are correct and up to date but make no guarantees.

Close

Rate and fee details

Rates
  • 19.74% p.a.

  • none

  • 0% p.a. for 6 months and then 19.74% p.a.

  • none

  • 21.49% p.a.

  • 55

Fees
  • $99.00

  • $49 in the first 1 year

  • none

  • none

  • $15.00

  • 2%, Min $2.50

  • 3.00%

  • $2.00

  • $10.50

  • $0.00

Features
  • $10.00

  • 2.0

  • 1

  • none

Payment options

Apple Pay, Google Pay, PayID, Samsung Pay

Rewards privileges

Travel Insurance,
Extended Warranty,
Purchase Protection

Rewards program details

Rates and fees information correct as at 29 May 2020. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
What your points get you

Fly Sydney to London return

110,400 points

Fly Sydney to Melbourne one-way

8,000 points

$100 Giftcard

18,690 points

$100 Cash

-

Points earning

0.5 points per dollar on Visa, uncapped

Rewards scheme

Points are automatically credited to the Qantas Frequent Flyer program.

All rewards are redeemed via Qantas Frequent Flyer.

Special offers

Receive 60,000 bonus Qantas Points when you spend $2,000 within the first 90 days.

Value of rewards points

Spend $37,380 (Visa)

Spend $16,000 (Visa)

Spend $220,800 (Visa)

Uncapped

Never

How do we calculate the rewards?

To work out the "Rewards value minus fees" in our Rewards Revealer we:

  • calculate how many points you'd get each year,

  • figure out how many flights or gift cards or cashback credits you could get for those points,

  • work out what that's actually worth to you,

  • take off the annual fee you'd pay.

More details:

  • Our calculations are designed to help you compare the value of different rewards schemes. To do this, we've looked at earning a one-way Sydney-Melbourne flight excluding taxes and charges, a return Sydney-London flight excluding taxes and charges, a $100 shopping Gift Card and $100 cashback. Most cards will also offer other rewards, which may be worth more or less than the ones we've shown.

  • We have made no allowance for bonus points for using your card at specific merchants, introductory offers or special offers. We have not assigned any value to instant discounts, insurances, ticketing and concierge services or other such benefits.

  • Rewards value calculations do not take credit card interest into account. If you do not pay off your card each month you may be better off looking for a card based on interest rates than on the value of rewards.

  • In products that have more than one card, a different mix of spend between American Express / Visa / Mastercard will give different results. Mozo's Rewards Revealer lets you choose the mix based on the way you would use such a product, and gives you tailored results.

  • We assume flights purchased with airline points are 'classic' or 'reward' economy seats with restricted seat availability. 'Any seat' rewards will probably cost more.

  • To compare the value of flight rewards, we sample online retail flight prices once a quarter based on the average price on a Wednesday 3 months in advance but outside NSW school holidays. For domestic flights we take the lowest available fare from each flight on that day from Qantas Red e-deal, Virgin Australia Saver including baggage and Jetstar Starter including baggage. We calculate the average price excluding taxes and surcharges for each airline, and also the average across all airlines (which we use when rewards are travel agent vouchers). For international flights, we take the lowest available fares on that same Wednesday from each of Qantas, Emirates, Malaysian, Etihad, Singapore, Cathay Pacific and Thai, assuming a return flight 2 weeks later, calculate the average price before taxes and surcharges and use this as our assumed cost of a flight on any airline.

  • Shopping rewards are based on $100 gift cards from a major national department store.

  • We make every effort to ensure our calculations are correct and up to date but make no guarantees.

Close

Rate and fee details

Rates
  • 19.74% p.a.

  • none

  • 0% p.a. for 6 months and then 19.74% p.a.

  • none

  • 21.49% p.a.

  • 55

Fees
  • $99.00

  • $49 in the first 1 year

  • none

  • none

  • $15.00

  • 2%, Min $2.50

  • 3.00%

  • $2.00

  • $10.50

  • $0.00

Features
  • $10.00

  • 2.0

  • 1

  • none

Payment options

Apple Pay, Google Pay, PayID, Samsung Pay

Rewards privileges

Travel Insurance,
Extended Warranty,
Purchase Protection

Customer Reviews

How are Bank of Melbourne credit cards rated by the Mozo community?

Overall customer rating
7.5/10
Price
6.8/10
Features
6.4/10
Customer service
7.5/10
Convenience
7.6/10
Trust
7.6/10

Latest reviews of Bank of Melbourne Amplify Platinum

  • Overall 9/10
    Competitive offers for Balance Transfer

    Great credit card, helped us out with a balance transfer offer. Great to deal with. No problem recommending.

    Read full review

    Great credit card, helped us out with a balance transfer offer. Great to deal with. No problem recommending.

    Price
    7/10
    Features
    -
    Customer service
    -
    Convenience
    -
    Trust
    -
    Less
    Kath, New South Wales reviewed over 2 years ago
  • Overall 8/10
    Great card for overseas travel with rewards

    Extremely happy with card especially when travelling overseas with insurance included and accumulating reward points. Only downfall is interest rate too high.

    Read full review

    Extremely happy with card especially when travelling overseas with insurance included and accumulating reward points. Only downfall is interest rate too high.

    Price
    3/10
    Features
    8/10
    Customer service
    9/10
    Convenience
    9/10
    Trust
    8/10
    Less
    Belinda, Victoria reviewed over 4 years ago
  • Overall 10/10
    Great features, earn frequent flyer points.

    Amplify credit card is a fantastic product.

    Read full review

    Amplify credit card is a fantastic product.

    Price
    10/10
    Features
    10/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    10/10
    Less
    Sarah, New South Wales reviewed about 5 years ago
  • Overall 0/10
    FTB

    FTB

    Price
    0/10
    Features
    0/10
    Customer service
    0/10
    Convenience
    0/10
    Trust
    0/10
    Less
    Jo, Victoria reviewed over 5 years ago
  • Overall 10/10
    They are fantastic at customer service

    They are fantastic at customer service.

    Read full review

    They are fantastic at customer service.

    Price
    10/10
    Features
    10/10
    Customer service
    9/10
    Convenience
    10/10
    Trust
    10/10
    Less
    Trevor, Western Australia reviewed over 5 years ago
Bank of Melbourne

About Bank of Melbourne

Formerly St.George in Victoria, The Bank of Melbourne provides a banking alternative to customers with its large range of products in home, personal and business banking. Based in Victoria the Bank of Melbourne offers its customers bank accounts, credit cards, term deposits, private banking services, home loans and personal loans.

See Bank of Melbourne credit cards

Promoted

Defence Bank

Defence Bank

True Blue Credit Card

3.99% p.a. for 6 months then 11.74% p.a.

3.99% p.a. for 6 months and then 11.74% p.a.

$45

Promoted

Bankwest

Bankwest

Breeze Mastercard

12.99% p.a.

0% p.a. for 6 months and then 12.99% p.a. (2.00% balance transfer fee)

$79

Promoted

ING

ING

Orange One Credit Card

11.99% p.a.

No current offer

$0

Promoted

American Express

American Express

Qantas Ultimate Card

20.74% p.a.

No current offer

$450

Qantas Frequent Flyer

Promoted

Bankwest

Bankwest

Breeze Platinum Mastercard

12.99% p.a.

0% p.a. for 6 months and then 12.99% p.a. (2.00% balance transfer fee)

$99

Promoted

Bankwest

Bankwest

Zero Platinum Mastercard

17.99% p.a.

2.99% p.a. for 9 months and then 17.99% p.a.

$0

Promoted

American Express

American Express

Qantas Discovery Card

20.74% p.a.

No current offer

$0

Qantas Frequent Flyer

Promoted

ING

ING

Orange One Platinum Credit Card

16.99% p.a.

No current offer

$149

Cashback Rewards

Promoted

CUA

CUA

Platinum Credit Card

Life Rich Rewards

$149 $0 in the first year

No current offer

1 point up to 100,000 points/year

Promoted

American Express

American Express

Qantas Discovery Card

Qantas Frequent Flyer

$0

No current offer

0.75 points uncapped

Promoted

ING

ING

Orange One Platinum Credit Card

Cashback Rewards

$149

No current offer

1 point up to $3,000/month

Promoted

David Jones

David Jones

American Express Card

Membership Rewards

$99

15,000

1 point uncapped

Promoted

American Express

American Express

Qantas Ultimate Card

Qantas Frequent Flyer

$450

55,000

1.25 points uncapped

Promoted

American Express

American Express

Explorer Credit Card

Membership Rewards

$395

50,000

2 points uncapped

Promoted

American Express

American Express

Platinum Edge Credit Card

Membership Rewards

$195

No current offer

1 point uncapped

Promoted

David Jones

David Jones

American Express Platinum Card

Membership Rewards

$295

30,000

1 point uncapped

Promoted

Bankwest

Bankwest

Breeze Mastercard

0% p.a. for 6 months and then 12.99% p.a. (2.00% balance transfer fee)

12.99% p.a.

$79

Promoted

Bankwest

Bankwest

Breeze Platinum Mastercard

0% p.a. for 6 months and then 12.99% p.a. (2.00% balance transfer fee)

12.99% p.a.

$99

Promoted

Defence Bank

Defence Bank

True Blue Credit Card

3.99% p.a. for 6 months and then 11.74% p.a.

3.99% p.a. for 6 months then 11.74% p.a.

$45

Promoted

Bankwest

Bankwest

Zero Mastercard

2.99% p.a. for 9 months and then 17.99% p.a.

17.99% p.a.

$0

Promoted

Bankwest

Bankwest

Zero Platinum Mastercard

2.99% p.a. for 9 months and then 17.99% p.a.

17.99% p.a.

$0

Promoted

Bank First

Bank First

Visa Classic Credit Card

0% p.a. for 6 months and then 12.54% p.a.

0% p.a. for 6 months then 12.54% p.a.

$0

Promoted

Suncorp

Suncorp

Clear Options Platinum

0% p.a. for 14 months and then 21.99% p.a.

0% p.a. for 14 months then 20.74% p.a.

$129 $49 in the first year

Suncorp Rewards

Promoted

Virgin Money

Virgin Money

Virgin Australia Velocity Flyer Card - Purchase Rate Offer

0% p.a. for 6 months and then 20.99% p.a.

0% p.a. for 14 months then 20.74% p.a.

$129 $64 in the first year

Velocity Frequent Flyer

Promoted

Defence Bank

Defence Bank

True Blue Credit Card

3.99% p.a. for 6 months then 11.74% p.a.

3.99% p.a. for 6 months and then 11.74% p.a.

$45

Promoted

Bankwest

Bankwest

Breeze Mastercard

12.99% p.a.

0% p.a. for 6 months and then 12.99% p.a. (2.00% balance transfer fee)

$79

Promoted

ING

ING

Orange One Credit Card

11.99% p.a.

No current offer

$0

Promoted

Credit Union SA

Credit Union SA

Education Community Credit Card

0% p.a. for 6 months then 9.99% p.a.

0% p.a. for 6 months and then 9.99% p.a.

$0

Promoted

Bendigo Bank

Bendigo Bank

Low Rate Mastercard

0% p.a. for 15 months then 11.99% p.a.

No current offer

$45

Promoted

Credit Union SA

Credit Union SA

Visa Credit Card

10.49% p.a.

0% p.a. for 6 months and then 10.49% p.a.

$39

Promoted

Bendigo Bank

Bendigo Bank

Low Rate Platinum Mastercard

11.99% p.a.

0% p.a. for 6 months and then 11.99% p.a.

$89

Promoted

Defence Bank

Defence Bank

True Blue Credit Card

3.99% p.a. for 6 months then 11.74% p.a.

3.99% p.a. for 6 months and then 11.74% p.a.

$45

Promoted

Bankwest

Bankwest

Breeze Mastercard

12.99% p.a.

0% p.a. for 6 months and then 12.99% p.a. (2.00% balance transfer fee)

$79

Promoted

ING

ING

Orange One Credit Card

11.99% p.a.

No current offer

$0

Promoted

Bankwest

Bankwest

Breeze Platinum Mastercard

12.99% p.a.

0% p.a. for 6 months and then 12.99% p.a. (2.00% balance transfer fee)

$99

Promoted

Bankwest

Bankwest

Zero Platinum Mastercard

17.99% p.a.

2.99% p.a. for 9 months and then 17.99% p.a.

$0

Promoted

ING

ING

Orange One Platinum Credit Card

16.99% p.a.

No current offer

$149

Promoted

Bankwest

Bankwest

Zero Mastercard

17.99% p.a.

2.99% p.a. for 9 months and then 17.99% p.a.

$0

Promoted

Credit Union SA

Credit Union SA

Education Community Credit Card

0% p.a. for 6 months then 9.99% p.a.

0% p.a. for 6 months and then 9.99% p.a.

$0