Amplify Rewards Signature (Rewards) card image

Bank of Melbourne Amplify Rewards Signature

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

Choose the version of this credit card that suits you best

Name Rewards program
Amplify Rewards Signature (Rewards) Rewards
Amplify Rewards Signature (Qantas Frequent Flyer) Qantas Frequent Flyer
  • Amplify Rewards Signature (Rewards)
    Rewards: Rewards
  • Amplify Rewards Signature (Qantas Frequent Flyer)
    Rewards: Qantas Frequent Flyer
Purchase rate
20.99% p.a.
Balance transfer rate
No current offer
Annual fees
$295 $199 in the first year
Interest free days on purchases
55
Purchase rate
20.99% p.a.
Balance transfer rate
No current offer
Annual fees
$370
Interest free days on purchases
55

Mozo editorial review Bank of Melbourne Amplify Rewards Signature - last updated: 4 July 2024

binocular icon
What's hot
  • 150,000 bonus Amplify Points (conditions apply)
  • 2022 Mozo Experts Choice Award winner
What's not
  • $279 annual fee ($199 in first year)
Mozo snapshot

The Bank of Melbourne Amplify Signature gives you ability to earn a number of great rewards on your credit card spending, including flights, gift cards and cash back rewards, which you can get a jumpstart on by bagging 90,000 bonus Amplify Points when you spend over $12,000 on eligible purchases in the first 12 months of approval.

 The card also has a bunch of features available, such as travel perks and shopping perks. Not only that but it also won a 2022 Mozo Experts Choice Award for best Cashback Premium Credit Card.


key icon
Key features

The main thing you’ll likely want to look at when it comes to reward-heavy credit cards is, well, the rewards. And the Bank of Melbourne Amplify Signature certainly has some that are worth investigating.

Before delving into the specifics of the rewards, it’s worth noting that there are two different options, depending on how you want to use your points. The Amplify Rewards option lets you earn 1.5 points for every $1 spent. With the Qantas Frequent Flyer option, you’ll earn 0.75 points per $1 spent*, and all points go directly to your Qantas Frequent Flyer program account.

Either way you’ll have access to numerous perks that come with the card, such as extended warranty on products purchased, some inbuilt travel insurance and two Priority Pass airport lounge visits per year. As far as redeeming rewards go, cash back, gift cards and flights are all up for grabs.

Plus, if you spend $12,000 on eligible purchases within a year of application, you’ll receive 150,000 bonus Amplify points when you apply and are approved between 7 November 2023 and 31st July 2024.

If you want to share this card with a significant other or trusted family member to boost your points earning potential, you can get an extra additional cardholder for no extra cost.

*From 1 January 2022, earn 0.75 Qantas Points per $1 up to a maximum of $250,000 spent on eligible purchases annually. Bonus Qantas Points not included in the cap.

snapshot
Who is it good for

The Bank of Melbourne Amplify Signature is great for big spenders or frequent travellers who will get enough value from the rewards and perks on offer to justify the $279 annual fee ($199 in the first year, offer ends 31st July 2024).

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Any catches

For those doing a lot of international travel with this card in their pocket, be aware that every purchase made overseas incurs the 3% foreign exchange margin. You also won't want to leave a balance accumulating interest on this card with its 20.99% p.a. purchase rate!

Rewards program details

Rates and fees information correct as at 15 July 2024. 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

15,600 points

$100 Giftcard

22,200 points

$100 Cash

-

Points earning

1.5 points 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.

Flight rewards points redeemable via Singapore Airlines Krisflyer or Velocity Frequent Flyer programs.

Two Priority Pass lounge visits per year.

Special offers

Receive 150,000 bonus Amplify Points when you spend at least $12,000 on eligible purchases in the first year.

Value of rewards points

Spend $14,800 (Visa)

Spend $10,400 (Visa)

Spend $141,333 (Visa)

Uncapped

Never

How do we calculate these points?

Rate and fee details

Rates

20.99% p.a.

none

No current offer

yes

21.99% p.a.

55

Fees

$295.00

$199 in the first year

none

none

$15.00

3%

3.00%

$0.00

$10.50

$0.00

Features

$10.00

2.0

1

none

Payment options

Apple Pay, Google Wallet, PayID, Samsung Pay

Rewards privileges

Concierge,
Travel Insurance,
Extended Warranty,
Purchase Protection

Rewards program details

Rates and fees information correct as at 15 July 2024. 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

20,010 points

$100 Cash

-

Points earning

0.75 points per dollar on Visa, up to $250,000 per year

Rewards scheme

From 1 January 2022, earn 0.75 Qantas Points per $1 up to a maximum of $250,000 spent on eligible purchases annually. Bonus Qantas Points not included in the cap. Points are automatically credited to the Qantas Frequent Flyer program.

All rewards are redeemed via Qantas Frequent Flyer.

Two complimentary annual Qantas Club Lounge Invitations.

Special offers

Receive 90,000 bonus Qantas Points when you spend $6,000 in the first 90 days.

Value of rewards points

Spend $26,680 (Visa)

Spend $10,667 (Visa)

Spend $147,200 (Visa)

at $250,000 yearly

Never

How do we calculate these points?

Rate and fee details

Rates

20.99% p.a.

none

No current offer

yes

21.99% p.a.

55

Fees

$295.00

none

none

$75.00

$15.00

3%

3.00%

$0.00

$10.50

$0.00

Features

$10.00

2.0

1

none

Payment options

Apple Pay, Google Wallet, PayID, Samsung Pay

Rewards privileges

Concierge,
Travel Insurance,
Extended Warranty,
Purchase Protection

Customer Reviews

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

Overall
7.7/10
Price
6.5/10
Features
6.1/10
Customer service
7.2/10
Convenience
7.3/10
Trust
7.3/10
Based on 136 Bank of Melbourne credit card reviews as rated by the Mozo customers. More about the Mozo Customer Ratings.
Mozo recommends that ratings are only one factor to be taken into account when deciding whether to take up any financial product offer.

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