All the ins and outs of the Bank of Melbourne Amplify Rewards program

 

If you’re a rewards lover who likes to keep your banking local, then you could be considering picking up a Bank of Melbourne rewards credit card. But like any financial product, it’s important to do your research before signing up. 

With the Bank of Melbourne Amplify Rewards program, rewards lovers are able to earn points on everyday purchases and redeem them for various rewards. While all three rewards card share the same purchase rate, they differ in fees, the number of points you’ll earn per dollar and bonus points offer. 

And what’s really special about the Bank of Melbourne Rewards program is that 4 weeks out from your birthday, you’ll be gifted with an additional 10% of bonus points, from the points you earn in the last 12 months (eligible cards only).

Bank of Melbourne Amplify Rewards Credit Cards

The three rewards cards that are a part of the Bank of Melbourne Amplify Rewards program include:

Bank of Melbourne logo

Bank of Melbourne

Amplify Rewards (Rewards, unavailable from 20 August 2021) (Rewards)

Bank of Melbourne logo

Bank of Melbourne

Amplify Rewards Platinum (Rewards)

Bank of Melbourne logo

Bank of Melbourne

Amplify Rewards Signature (Rewards)

There are also some Bank of Melbourne rewards cards that link directly to the Qantas Frequent Flyer program.

Bank of Melbourne logo

Bank of Melbourne

Amplify Rewards (Qantas Frequent Flyer, unavailable from 20 August 2021) (Qantas Frequent Flyer)

Bank of Melbourne logo

Bank of Melbourne

Amplify Rewards Platinum (Qantas Frequent Flyer)

Bank of Melbourne logo

Bank of Melbourne

Amplify Rewards Signature (Qantas Frequent Flyer)

It’s important to take the time to compare all the cards to find the one that’s right for your spending needs. 

*If your card is eligible for the Bank of Melbourne Birthday Bonus Points, you’ll receive an additional 10% of points earned in the last 12 months within 4 weeks of your birthday.

 

Types of rewards you can get with Bank of Melbourne

Whether you’re into cooking, the outdoors or gift vouchers, the Bank of Melbourne Amplify Rewards program has something for everyone. Some  rewards you’ll be able to redeem points for include: 

Do I earn the same amount of points on every Bank of Melbourne card? 

No, the number of points you earn per dollar depends on the card you choose. Check out our table below to find out each card’s points earn rate at the moment.

How to redeem your points

In order to redeem your points, you’ll have to open a Bank of Melbourne Amplify Rewards account via the website. Here you’ll be able to view your points balance and browse the store to find rewards you'd like to redeem. 

You can choose your reward through the online shop and have it sent directly to your door. And just like regular postage, you’ll be able to track your delivery, so you’ll be in the loop of when you can expect your reward.

Frequently asked questions

Are my Amplify Points capped?

No, you’ll be able to build your points stash as you see fit. You might also be happy to know that your points won’t ever expire, so you won’t have to worry about missing out on a reward. It also means that you can give yourself some breathing room by spending more steadily.

Where won't I earn points?

While you can earn Bank of Melbourne Amplify Rewards Points on everyday spending, you won’t earn points on the following: 

  • Cash advances 
  • Interest and bank fee charges 
  • Balance transfers 
  • BPAY payments 
  • Government charges

Can my points be converted into Airline points?

Yes, you are able to redeem your Amplify points for flights and other travel perks, just keep in mind that you will need a minimum of 3,000 points in order to do this. Aside from there being three rewards credit cards that are linked to the Qantas Frequent Flyer program, you’ll also be able to convert your Amplify points into Velocity Points.  

Still not sure about whether a Bank of Melbourne rewards card is right for you? See how it stacks up against others in the market by heading over to our rewards card comparison tool.