Important disclosure
Bank of Melbourne Amplify Platinum (Amplify Rewards)
Bonus Points
90,000 bonus Amplify Points, $49 first year annual fee, and 0% p.a. on balance transfers for 24 monthsScore 90,000 bonus Amplify points (worth up to $400 in eGift cards) when you spend $3k+ on eligible purchases within 90 days of new card approval. $49 card fee for the first year (saving $50). 0% p.a. for 24 months on balance transfers requested at card application. 1% balance transfer fee applies. Rate then switches to applicable variable cash advance rate. New cards only, Eligibility criteria and T&Cs apply.
Purchase Rate
19.49%
p.a
Balance Transfer Rate
0%
p.a
Pros and cons
For Amplify Platinum (Amplify Rewards)
Benefits
- Rewards Available through Amplify Rewards
- Extra 90,000 points subject to eligibility conditions
- $49 annual fee in the first 12 months and $124 p.a thereafter.
- Apple Pay, Google Pay and Samsung Pay available
- Domestic travel insurance
- International travel insurance
- Free supplementary cards
- Extended warranty
- Rental vehicle excess in Australia insurance
- Purchase protection insurance
Bank of Melbourne Rate Credit card overview
For Amplify Platinum (Amplify Rewards)
Details
Card Level Platinum | Card Type Visa |
Interest Free Days 55 | Minimum monthly repayment 2% or $10 |
Minimum credit limit $6k | Maximum credit limit $80k |
Free supplementary cards | Instant Approval |
Target Market Determination Visit Bank of Melbourne to view Target Market Determination. |
Fees
Annual Fee $49 for 12 months then $124 thereafter | Annual Fee Spend Waiver |
Supplementary card annual fee $0 | Late Payment Fee $15 |
Over limit fee $15 | Duplicate statement fee $2 |
Electronic Wallet Service
Important Rates
Rates
Purchase Rate 19.49% p.a |
Cash advance rate 21.49% |
Cash advance fee 3% or $2.5 |
Balance Transfer
Balance Transfer Rate 0% p.a |
Transfer Limit 80% of the approved credit limit |
Balance Transfer Fee 1% |
Overseas spending
Foreign Exchange Fee 3% on Visa |
Overseas charges $5 |
Estimated ATM Cost $14 for AU $300 withdrawal |
Rewards
Program name Amplify Rewards |
Rewards Available Gift Card |
Eligibility
Minimum age 18 |
Minimum income |
Eligibility conditions Regular, verifiable income |
Residency Australia Citizen, Permanent Resident, Temporary Visa 12 Months Valid |
Perks
- DOMESTIC TRAVEL INSURANCE
- INTERNATIONAL TRAVEL INSURANCE Cover lasts for 90 days per year
- FREE SUPPLEMENTARY CARDS
- EXTENDED WARRANTY
- RENTAL VEHICLE EXCESS IN AUSTRALIA INSURANCE
- PURCHASE PROTECTION INSURANCE
- Bonus PointsBalance TransferOther 90,000 bonus Amplify Points, $49 first year annual fee, and 0% p.a. on balance transfers for 24 monthsScore 90,000 bonus Amplify points (worth up to $400 in eGift cards) when you spend $3k+ on eligible purchases within 90 days of new card approval. $49 card fee for the first year (saving $50). 0% p.a. for 24 months on balance transfers requested at card application. 1% balance transfer fee applies. Rate then switches to applicable variable cash advance rate. New cards only, Eligibility criteria and T&Cs apply.