Amplify Signature (Amplify Rewards)
Bonus PointsDiscounted First Year Fee, Balance Transfer and Bonus Point Special for new applications until the 30th Sept 2020
- Last updated on 05 Aug 2020
Balance Transfer Rate
for 6 months then 21.49%
for 12 months then $279
Max Free Days
- Balance Transfers Available
- Free domestic travel insurance
- Free international travel insurance
- Free supplementary cards
- Price guarantee
- Extended warranty
- Airport lounge
Number free supplementary
Interest Free Days
Interest Free Days
for 12 months then $279
Maximum credit limit
Late Payment Fee
Minimum credit limit
Over limit fee
Minimum repayment dollars
Duplicate statement fee
Minimum repayment percent
Supplementary card annual fee
Cash advance rate
Balance Transfer Rate
Balance Transfer Rate
for 6 months then 21.49%
of the approved credit limit
Balance Transfer Fee
Foreign Exchange Fee
3% on Visa
Estimated ATM Cost
for AU $300 withdrawal
NO strict minimum income, all circumstantial
|1.5 points for $1 spent||Visa||uncapped||eligible transactions|
- FREE DOMESTIC TRAVEL INSURANCE
- FREE INTERNATIONAL TRAVEL INSURANCE Cover lasts for 180 days per year
- FREE SUPPLEMENTARY CARDS
- PRICE GUARANTEE
- EXTENDED WARRANTY
- AIRPORT LOUNGE
- Bonus PointsBalance TransferOther Discounted First Year Fee, Balance Transfer and Bonus Point Special for new applications until the 30th Sept 2020To be eligible to receive the next benefits, you must apply and be approved for a new Amplify Signature (Amplify Rewards) credit card between 7th July 2020 and 30th September 2020. 1. Discounted First Year Fee: $139 first year - $279 thereafter. 2. Balance Transfer promotion: 0% for 6 months on balance transfers requested at new card application. Rate then switches to variable cash advance rate (21.49%). To transfer balance(s) from up to 3 non-Bank of Melbourne, St.George Bank and BankSA Australian issued credit, charge or store cards. The rate will apply to balance(s) transferred (min $200 up to 80% of your available credit) for the promotional period unless the amount is paid off earlier. 3. Up to 200,000 bonus Amplify Points over 2 years. You'll receive 130,000 bonus Amplify Points when you spend a minimum amount of $12,000 on eligible purchases on the credit card within the first 12 months from card approval. You'll receive an additional 70,000 bonus Amplify Points in the second year of your credit account being open, if you spend a minimum of $12,000 on eligible purchases within the subsequent year. Eligible purchases do not include interest, fees and charges, cash or ATM cash advances, cash equivalent transactions, gambling transactions, payments to the Australian Tax Office, government charges, BPAY or similar transactions (such as Post Billpay), refunds and balance transfers debited to the card account. Existing customers who currently hold an Amplify, Amplify Platinum or Amplify Signature card issued by Bank of Melbourne, St.George Bank or BankSA, or who have held one in the last 12 months, are not eligible for this offer. The bonus points will be credited to your points balance within 12 weeks after the eligible spend criteria is met.
Birthday bonus, earn 10% of points earned in last 12 months
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Commonwealth Bank Ultimate Awards (CommBank Awards Points)
Bonus Points100,000 Bonus Awards Points when you apply for a new CommBank Ultimate Awards credit card by 28 October 2020 and spend $5,000 on eligible purchases using your new card within 90 days from activation
St. George Bank was initially founded in 1937 as a housing-based financial institution. In May 2008, the bank signed a Merger Implementation Agreement with Westpac. Over the years, St. George established itself as one of Australia’s most reputable building societies, and gained its full banking licence in 1992.
The bank provides wealth management, retail, institutional, and business-making solutions and products throughout all states and territories of Australia.
St. George customers can reach customer support by contacting them via:
- Customer service (phone, email, branch)
- Mobile app
- Online banking
- Mobile banking staff
The St. George Bank Amplify Signature credit card has a high annual fee, moderately high interest rates and a moderately low late payment fee.
The card comes with the Amplify Rewards program, which allows card holders to earn rewards points on eligible purchases. The St. George Bank Amplify Signature card earns at a rate of 1.5 rewards points for every $1 you spend on both Australian and international eligible purchases. There is no limit to the number of points you can receive, and your earn rate will not decrease after meeting a certain threshold.
As a part of the Amplify Rewards program, card holders are also given 2 Priority Pass lounge visits per year when you enrol. Card holders are also granted birthday bonus points, which gives customers an additional 10 per cent of the points they’ve earned in the previous 12 months.
- Free additional cardholder
- Earns rewards points
- Complimentary travel insurance
- High annual fee
- Charges foreign transaction fees
- Moderately high interest rates
Who is it good for?
The St. George Bank Amplify Signature credit card is best for high spenders in search of a flexible rewards program. While the Amplify Rewards program does not automatically earn frequent flyer points, rewards points can be redeemed on a number of different frequent flyer programs, as well as on gift cards, vouchers, travel and more.
This card is not particularly well suited to those who wish to minimise unnecessary credit card costs. This card charges a high annual fee, and it is not waived in the first year (unlike with some other cards).
The St. George Bank Amplify Signature is not designed as a travel credit card. Any overseas purchases made with this card will incur a foreign transaction fee, so customers looking for a travel card may be better off with a credit card that charges no international purchase fees.
What RateCity says
The St. George Bank Amplify Signature credit card may be a reasonable choice for high spenders who seek to build points quickly. However, for many, the card does not offer adequate benefits to support the high annual fee.
Potential card holders who wish to minimise fees should consider shopping for a no annual fee card that may be more appropriate. The St. George Bank Amplify Signature does not waive the annual fee in the first year, which may deter some from signing up.
Similarly, those who struggle to pay their credit card bill in full each month may not find this card beneficial. The card charges moderately high interest rates that could cause problems for budget card holders. These customers may be better off with a card that offers lower interest rates and a lower annual fee.
Customers can apply for a single or joint Amplify Signature card online, over the phone or in a St. George Bank branch. To be eligible, you need to be at least 18 years old and be an Australian citizen or permanent resident. When applying, you’ll need to provide certain information, including photo identification and foreign tax details where applicable. You’ll also need to submit your income and employment details, as well as any financial commitments that may be relevant.
About St. George Bank
St. George Bank was founded in 1937 in the southern suburbs of Sydney. Before achieving full banking status in 1992, St. George was known as one of Australia’s foremost building societies. Now, St. George Bank offers a wide variety of financial services to Australian consumers and businesses. Their offering includes bank accounts, credit cards, home loans, personal loans, investments and a range of insurance policies. In December 2008, St. George Bank became a part of Westpac Banking Corporation.
Property Personal Finance Writer
A property and personal finance writer, Nick Bendel covers property, loans, credit cards, superannuation, and other bank products. Nick has previously written for The Adviser, Mortgage Business, Lifehacker, Business Insider, Yahoo Finance, and InvestorDaily, and loves getting elbow-deep in the latest ABS, APRA and RBA data.
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