Bank of Melbourne Amplify Signature

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 credit card that suits you best

  • Amplify Signature (Amplify Rewards)

    Rewards: Amplify Rewards

  • Amplify Signature (Qantas Frequent Flyer)

    Rewards: Qantas Frequent Flyer

19.49% p.a.

No current offer

$279 $179 in the first year

Amplify Rewards

Bank of Melbourne Amplify Signature

19.49% p.a.

No current offer

$279 $179 in the first year

Amplify Rewards

19.49% p.a.

No current offer

$279 $179 in the first year

Qantas Frequent Flyer

Bank of Melbourne Amplify Signature

19.49% p.a.

No current offer

$279 $179 in the first year

Qantas Frequent Flyer

Mozo Review   Bank of Melbourne Amplify Signature Review

Last updated: 27 September 2018.

What's hot:
  • 100,000 bonus Amplify points when you spend $4000 in the first 90 days

  • 1.5 Amplify points per $1 spent

  • 2 Priority Pass lounge visits per year

What's not:
  • $279 annual fee

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 100,000 bonus Amplify points if you spend $4,000 in the first 90 days. The card also has a bunch of features available, such as travel perks and shopping perks. It does however have a discounted $179 annual fee in the first year ($279 after).

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 (Qantas Club Lounge for Qantas Frequent Flyer option cardholders). As far as redeeming rewards go, cash back, gift cards and flights are all up for grabs.

Plus, at the moment, if you spend $4,000 in the first 90 days, as you’ll receive 100,000 bonus Amplify points or 80,000 bonus Qantas points. And that’s not all - every year on your birthday you’ll receive 10% bonus points on all the points you’ve earnt the year prior.

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.

Who it's 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.

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.

Rewards program details

Rates and fees information correct as at 17 October 2018.

What your points get you

Fly Sydney to London

239,200 points

Fly Sydney to Melbourne

15,600 points

$100 Giftcard

22,200 points

$100 Cash

18,000 points

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.

You can get flights via Velocity, Enrich or Krisflyer programs.

10% points bonus on total points earned in previous year on birthday of cardholder.

Two Priority Pass lounge visits per year.

Special offers

Receive 100,000 bonus Amplify Points when you spend $4,000 within the first 90 days

Value of rewards points

Spend $12,121 (Visa)

Spend $14,800 (Visa)

Spend $10,400 (Visa)

Spend $159,467 (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
  • 19.49% p.a.

  • none

  • No current offer

  • none

  • 20.24% p.a.

  • 55

Fees
  • $279.00

  • $179 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

Samsung Pay

Rewards privileges

Concierge,
Travel Insurance,
Extended Warranty,
Purchase Protection,
Guaranteed Pricing,
Rental Car Excess Cover

Rewards program details

Rates and fees information correct as at 17 October 2018.

What your points get you

Fly Sydney to London

120,000 points

Fly Sydney to Melbourne

8,000 points

$100 Giftcard

16,160 points

$100 Cash

-

Points earning

0.75 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.

10% points bonus on total points earned in previous year on birthday of cardholder.

Two complimentary annual Qantas Club Lounge Invitations.

Special offers

Receive 80,000 bonus Qantas Points when you spend $4,000 within the first 90 days

Value of rewards points

Spend $21,547 (Visa)

Spend $10,667 (Visa)

Spend $160,000 (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
  • 19.49% p.a.

  • none

  • No current offer

  • none

  • 20.24% p.a.

  • 55

Fees
  • $279.00

  • $179 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

Samsung Pay

Rewards privileges

Concierge,
Travel Insurance,
Extended Warranty,
Purchase Protection,
Guaranteed Pricing,
Rental Car Excess Cover

Customer Reviews

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

Overall customer rating
7.6/10
Price
6.8/10
Features
6.4/10
Customer service
7.6/10
Convenience
7.7/10
Trust
7.6/10

Latest reviews of Bank of Melbourne Amplify Signature

  • Overall
    9/10
    Great product at a competitive price

    I like this bank as I always find the customer service staff extremely helpful and...

    I like this bank as I always find the customer service staff extremely helpful and welcoming. Pros are the great customer service as all the staff are always very helpful and provide good, clear and easy to understand product information No Cons

    Price
    8/10
    Features
    9/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    9/10

    Lisa | Victoria

    reviewed almost 3 years ago

  • Overall
    9/10
    awesome

    I have a mortgage, personal loan and credit card with BOM. they are absolutely the best I've ever...

    I have a mortgage, personal loan and credit card with BOM. they are absolutely the best I've ever been with and customer service is excellent.

    Price
    7/10
    Features
    9/10
    Customer service
    9/10
    Convenience
    10/10
    Trust
    10/10

    Nguyet | Victoria

    reviewed almost 3 years ago

  • Overall
    9/10
    The customer service is great and personalised.

    I like it because of the personal service, its way better than the average that is experienced in...

    I like it because of the personal service, its way better than the average that is experienced in most daily activities.

    Price
    7/10
    Features
    8/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    10/10

    Howard | Victoria

    reviewed over 3 years ago

  • Overall
    9/10
    Great bank to combine your banking into one!

    Bank of Melbourne is great, I have my whole banking through them now after swapping from NAB....

    Bank of Melbourne is great, I have my whole banking through them now after swapping from NAB. Credit card, 100% offset account, home loan and transaction account which doubles as another offset. Every time I've dealt with them they've been extremely helpful and all went smoothly on settlement day when we were overseas. I pay the credit card off every month in full so don't pay attention to their interest rates, however their home loan rates are competitive.

    Price
    7/10
    Features
    9/10
    Customer service
    6/10
    Convenience
    10/10
    Trust
    10/10

    Emily | Victoria

    reviewed about 4 years ago

  • Overall
    9/10
    Great benefits, and good rates

    Great card, with excellent rewards that keep getting better.

    Great card, with excellent rewards that keep getting better.

    Price
    9/10
    Features
    10/10
    Customer service
    8/10
    Convenience
    8/10
    Trust
    10/10

    Andrew | Victoria

    reviewed about 4 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

Bank of Melbourne

Bank of Melbourne

Vertigo Platinum

12.74% p.a.

0% p.a. for 26 months and then 19.49% p.a. (2.00% balance transfer fee)

$99 $0 in the first year

Promoted

Bank of Melbourne

Bank of Melbourne

Vertigo

13.74% p.a.

0% p.a. for 16 months and then 19.49% p.a.

$55

Promoted

Bank of Melbourne

Bank of Melbourne

No Annual Fee

20.49% p.a.

0% p.a. for 12 months and then 20.49% p.a. (1.00% balance transfer fee)

$0

Promoted

Bank of Melbourne

Bank of Melbourne

Amplify Classic

19.49% p.a.

0% p.a. for 14 months and then 20.24% p.a.

$79

Promoted

Bank of Melbourne

Bank of Melbourne

Amplify Platinum

19.49% p.a.

No current offer

$99 $0 in the first year

Promoted

Woolworths

Woolworths

Everyday Platinum Credit Card

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

19.99% p.a.

$49 $0 in the first year

Promoted

ME

ME

frank Credit Card

No current offer

11.99% p.a.

$0

Promoted

American Express

American Express

Explorer Credit Card

0% p.a. for 12 months and then 20.74% p.a. (1.00% balance transfer fee)

20.74% p.a.

$395

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

Promoted

American Express

American Express

Velocity Escape Card

0% p.a. for 12 months and then 20.74% p.a. (1.00% balance transfer fee)

20.74% p.a.

$0

Promoted

Bankwest

Bankwest

Breeze Platinum Mastercard

0% p.a. for 13 months and then 12.99% p.a. (2.00% balance transfer fee)

0% p.a. for 13 months then 12.99% p.a.

$99

Promoted

Westpac

Westpac

Altitude Black with American Express

No current offer

20.24% p.a.

$499 $300 in the first year

Promoted

Suncorp

Suncorp

Clear Options Platinum

0% p.a. for 18 months and then 21.99% p.a.

20.74% p.a.

$178

Promoted

Woolworths

Woolworths

Everyday Platinum Credit Card

1 point per dollar on Visa, uncapped

19.99% p.a.

$49 $0 in the first year

Promoted

Virgin Money

Virgin Money

Virgin Australia Velocity Flyer Card - Purchase Rate Offer

0.66 points per dollar on Visa, up to $1,500 per month, then
0.5 points per dollar on Visa, uncapped

20.74% p.a.

$129

Promoted

American Express

American Express

Explorer Credit Card

2 points per dollar on Amex, uncapped

20.74% p.a.

$395

Promoted

Westpac

Westpac

Altitude Black with American Express

1.25 points per dollar on Amex, 0.75 points per dollar on Mastercard, uncapped

20.24% p.a.

$499 $300 in the first year

Promoted

American Express

American Express

Velocity Escape Card

1 point per dollar on Amex, uncapped

20.74% p.a.

$0

Promoted

Suncorp

Suncorp

Clear Options Platinum

0.5 points per dollar on Visa, up to $8,000 per month

20.74% p.a.

$178

Promoted

St.George

St.George

Amplify Signature

0.75 points per dollar on Visa, uncapped

19.49% p.a.

$279 $179 in the first year

Promoted

Virgin Money

Virgin Money

Virgin Australia Velocity High Flyer Card

1 point per dollar on Visa, up to $8,000 per month, then
0.5 points per dollar on Visa, uncapped

20.74% p.a.

$289

Promoted

Woolworths

Woolworths

Everyday Platinum Credit Card

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

$49 $0 in the first year

19.99% p.a.

Promoted

American Express

American Express

Velocity Escape Card

0% p.a. for 12 months and then 20.74% p.a. (1.00% balance transfer fee)

$0

20.74% p.a.

Promoted

Suncorp

Suncorp

Clear Options Platinum

0% p.a. for 18 months and then 21.99% p.a.

$178

20.74% p.a.

Promoted

Bankwest

Bankwest

Breeze Platinum Mastercard

0% p.a. for 13 months and then 12.99% p.a. (2.00% balance transfer fee)

$99

0% p.a. for 13 months then 12.99% p.a.

Promoted

28 Degrees

28 Degrees

Platinum Mastercard

4.99% p.a. for 6 months and then 21.99% p.a.

$0

21.99% p.a.

Promoted

NAB

NAB

Low Rate Platinum Card

0% p.a. for 6 months and then 21.74% p.a. (2.00% balance transfer fee)

$100

0% p.a. for 9 months then 13.99% p.a.

Promoted

Virgin Money

Virgin Money

Virgin Australia Velocity Flyer Card - Balance Transfer Offer

0% p.a. for 18 months and then 20.99% p.a.

$129 $64 in the first year

20.74% p.a.

Promoted

Citi

Citi

Platinum

0% p.a. for 24 months and then 21.74% p.a. (1.50% balance transfer fee)

$149 $49 in the first year

20.99% p.a.

Promoted

ME

ME

frank Credit Card

11.99% p.a.

$0

No current offer

Promoted

Bankwest

Bankwest

Breeze Platinum Mastercard

0% p.a. for 13 months then 12.99% p.a.

$99

0% p.a. for 13 months and then 12.99% p.a. (2.00% balance transfer fee)

Promoted

American Express

American Express

Essential Credit Card

14.99% p.a.

$0

0% p.a. for 12 months and then 14.99% p.a. (3.00% balance transfer fee)

Promoted

NAB

NAB

Low Rate Platinum Card

0% p.a. for 9 months then 13.99% p.a.

$100

0% p.a. for 6 months and then 21.74% p.a. (2.00% balance transfer fee)

Promoted

ANZ

ANZ

Low Rate

12.49% p.a.

$58

0% p.a. for 15 months and then 21.74% p.a.

Promoted

Citi

Citi

Clear Platinum

12.99% p.a.

$99 $0 in the first year

0% p.a. for 14 months and then 21.74% p.a.

Promoted

Bankwest

Bankwest

Breeze Mastercard

0% p.a. for 13 months then 12.99% p.a.

$79

0% p.a. for 13 months and then 12.99% p.a. (2.00% balance transfer fee)

Promoted

St.George

St.George

Vertigo

13.74% p.a.

$55

0% p.a. for 16 months and then 19.49% p.a.

Promoted

ME

ME

frank Credit Card

11.99% p.a.

No current offer

$0

Promoted

Virgin Money

Virgin Money

Virgin Australia Velocity Flyer Card - Purchase Rate Offer

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

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

$129

Promoted

Bankwest

Bankwest

Breeze Platinum Mastercard

0% p.a. for 13 months then 12.99% p.a.

0% p.a. for 13 months and then 12.99% p.a. (2.00% balance transfer fee)

$99

Promoted

Bendigo Bank

Bendigo Bank

Low Rate Platinum Mastercard

11.99% p.a.

No current offer

$89

Promoted

American Express

American Express

Essential Credit Card

14.99% p.a.

0% p.a. for 12 months and then 14.99% p.a. (3.00% balance transfer fee)

$0

Promoted

NAB

NAB

Low Rate Platinum Card

0% p.a. for 9 months then 13.99% p.a.

0% p.a. for 6 months and then 21.74% p.a. (2.00% balance transfer fee)

$100

Promoted

ANZ

ANZ

Low Rate

12.49% p.a.

0% p.a. for 15 months and then 21.74% p.a.

$58

Promoted

Citi

Citi

Clear Platinum

12.99% p.a.

0% p.a. for 14 months and then 21.74% p.a.

$99 $0 in the first year