Amplify Rewards Platinum (Rewards) card image
Mini meca 2023

Bank of Melbourne Amplify Rewards Platinum

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 Platinum (Rewards) Rewards
Amplify Rewards Platinum (Qantas Frequent Flyer) Qantas Frequent Flyer
  • Amplify Rewards Platinum (Rewards)
    Rewards: Rewards
  • Amplify Rewards Platinum (Qantas Frequent Flyer)
    Rewards: Qantas Frequent Flyer
Purchase rate
19.49% p.a.
Balance transfer rate
0% p.a. for 24 months and then 21.49% p.a. (1.00% balance transfer fee)
Annual fees
$124 $49 in the first year
Interest free days on purchases
55
Purchase rate
19.49% p.a.
Balance transfer rate
0% p.a. for 24 months and then 21.49% p.a. (1.00% balance transfer fee)
Annual fees
$199
Interest free days on purchases
55

Mozo editorial review Bank of Melbourne Amplify Rewards Platinum - last updated: 28 February 2024

binocular icon
What's hot
  • 100,000 Amplify Rewards bonus points (conditions apply)
  • 0% p.a. interest on balance transfers for 24 months (1% balance transfer fee)
  • 2023 Mozo Experts Choice Award winner
What's not
  • 3% foreign exchange margin
Mozo snapshot

Being rewarded for your spending is the dream and with Bank of Melbourne Amplify Platinum credit card providing ample rewards, it can be a reality. You can rake in 1 point per $1 spent with the Amplify Rewards option or 0.5 Qantas Points for every $1 spent. If you sign up between 7th November 2023 and 31st July 2024, you could score 100,000 bonus Amplify Points.

It also won a 2023 Mozo Experts Choice Award for best Balance Transfer Platinum Credit Card.

key icon
Key features

If you’re keen to get a little more from your credit card, then you can do just that with the Bank of Melbourne Amplify Platinum credit card. To start with, they offer cashback, retail, gift card and flight reward options; you can claim these via the Amplify rewards program, where every $1 spent is a point earned.

It should be noted that there are two different versions of this card, the ‘Amplify Platinum Rewards’ option, which might suit spenders after retail rewards or gift cards and the ‘Qantas Platinum Rewards’ option which allows you to have your points be put straight into your to Qantas Frequent Flyers account instead. 

Under the Amplify Rewards option, you'll earn 1 point per $1 spent on eligible purchases, uncapped. Or if you've got some debt you'd like to clear, there's a 0% balance transfer for 24 months (1% BT fee). 

With the Qantas points option, you earn 0.5 points per dollar*, however when you spend with any Qantas Frequent Flyer partners you can earn double. Plus the bonus points offer is a little different.  

While the rewards are the main thing you’re likely to be looking at, there’s a couple of other aspects to be aware of. The first is the relatively low $124 annual card fee and the 19.49% interest rate, which could sting if you don’t pay off your whole balance. For a limited time, that annual card fee is made even lower with an introductory $49 annual card fee offer! Another is the free additional card holder, which can be useful if you’re interested in sharing the card with someone to help boost your points earning.

*From 1 January 2022, earn 0.5 Qantas Points per $1 up to a maximum of $100,000 spent on eligible purchases annually. Bonus Qantas Points not included in the cap.

snapshot
Who is it good for

The Bank of Melbourne Amplify Platinum credit card is best for someone who is looking for some extra rewards for all their spending, while the Qantas Frequent Flyer option is particularly good for travel lovers looking for an extra way to rack up Qantas Frequent Flyer points.

question icon
Any catches

For those looking to do a lot of international travelling, you should be aware of the 3% foreign exchange margin.

Rewards program details

Rates and fees information correct as at 17 April 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 point 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.

Special offers

Receive 100,000 bonus Amplify Points when you spend $3,000 in the first 90 days.

Value of rewards points

Spend $22,200 (Visa)

Spend $15,600 (Visa)

Spend $212,000 (Visa)

Uncapped

Never

How do we calculate these points?

Rate and fee details

Rates

19.49% p.a.

none

0% p.a. for 24 months and then 21.49% p.a. (1.00% balance transfer fee)

yes

21.49% p.a.

55

Fees

$124.00

$49 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

Travel Insurance,
Extended Warranty,
Purchase Protection

Rewards program details

Rates and fees information correct as at 17 April 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

0.5 points per dollar on Visa, up to $100,000 per year

Rewards scheme

From 1 January 2022, earn 0.5 Qantas points per $1 up to a maximum of $100,000 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.

Special offers

Receive up to 70,000 bonus Qantas Points, 60,000 points when you spend $3,000 in the first 90 days in the first year and an extra 10,000 points when you keep your account more than 12 months.

Value of rewards points

Spend $40,020 (Visa)

Spend $16,000 (Visa)

Spend $220,800 (Visa)

at $100,000 yearly

Never

How do we calculate these points?

Rate and fee details

Rates

19.49% p.a.

none

0% p.a. for 24 months and then 21.49% p.a. (1.00% balance transfer fee)

yes

21.49% p.a.

55

Fees

$124.00

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

Travel Insurance,
Extended Warranty,
Purchase Protection

Customer Reviews

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

Overall
Price
Features
Customer service
Convenience
Trust

Latest reviews of Bank of Melbourne Amplify Rewards Platinum Credit Card

About Bank of Melbourne

Thumbnail icon for NAB
NAB

Low Rate Card

13.49% p.a.

0% p.a. for 28 months and then 21.74% p.a. (2.00% balance transfer fee)

$59 $0 in the first year

Thumbnail icon for American Express
American Express

Qantas Ultimate Card

23.99% p.a.

No current offer

$450

Qantas Frequent Flyer

Thumbnail icon for American Express
American Express

Platinum Edge Credit Card

23.99% p.a.

No current offer

$195 $0 in the first year

Membership Rewards

Thumbnail icon for American Express
American Express

Explorer Credit Card

23.99% p.a.

No current offer

$395

Membership Rewards

Thumbnail icon for American Express
American Express

Velocity Platinum Card

23.99% p.a.

No current offer

$375

Velocity Frequent Flyer

Thumbnail icon for American Express
American Express

Qantas Discovery Card

23.99% p.a.

No current offer

$0

Qantas Frequent Flyer

Thumbnail icon for American Express
American Express

Low Rate Credit Card

10.99% p.a.

No current offer

$0

Thumbnail icon for American Express
American Express

Velocity Escape Card

23.99% p.a.

No current offer

$0

Velocity Frequent Flyer

Thumbnail icon for American Express
American Express

Qantas Ultimate Card

Qantas Frequent Flyer

$450

60,000

1.25 points up to 100,000 points/year, then
1 point uncapped

Thumbnail icon for G&C Mutual Bank
G&C Mutual Bank

Platinum Visa Credit Card

Qantas Frequent Flyer

$299

50,000

1 point up to 20,000 points/month

Thumbnail icon for NAB
NAB

Qantas Rewards Premium Card

Qantas Frequent Flyer

$250 $150 in the first year

70,000

0.66 points up to $3,000/month, then
0.33 points up to $6,000/month

Thumbnail icon for American Express
American Express

Qantas Premium Card

Qantas Frequent Flyer

$249

20,000

1 point uncapped

Thumbnail icon for NAB
NAB

Rewards Signature Card

NAB Rewards

$295 $145 in the first year

160,000

1.25 points uncapped

Thumbnail icon for American Express
American Express

Qantas Discovery Card

Qantas Frequent Flyer

$0

No current offer

0.75 points uncapped

Thumbnail icon for American Express
American Express

Velocity Escape Card

Velocity Frequent Flyer

$0

No current offer

0.75 points uncapped

Thumbnail icon for NAB
NAB

Qantas Rewards Signature Card

Qantas Frequent Flyer

$395 $295 in the first year

120,000

1 point up to $5,000/month, then
0.5 points up to $20,000/month

Thumbnail icon for NAB
NAB

Low Rate Card

0% p.a. for 28 months and then 21.74% p.a. (2.00% balance transfer fee)

13.49% p.a.

$59 $0 in the first year

Thumbnail icon for Citi
Citi

Premier Credit Card

0% p.a. for 6 months and then 22.24% p.a.

21.49% p.a.

$300 $150 in the subsequent years if you spend $48,000 on eligible purchases or cash advances in previous year., $150 in the first year

Citi Rewards Program

Thumbnail icon for Bank of Queensland
Bank of Queensland

Blue Visa Credit Card

0% p.a. for 9 months and then 21.74% p.a.

0% p.a. for 9 months then 20.74% p.a.

$60

Q Rewards

Thumbnail icon for Virgin Money
Virgin Money

Virgin Australia Velocity Flyer Card - Balance Transfer Offer

0% p.a. for 24 months and then 20.99% p.a.

20.74% p.a.

$149 $0 in the first year

Velocity Frequent Flyer

Thumbnail icon for Bankwest
Bankwest

More Mastercard

0% p.a. for 6 months and then 19.99% p.a. (1.00% balance transfer fee)

19.99% p.a.

$100

Bankwest More Rewards

Thumbnail icon for NAB
NAB

Low Rate Card

13.49% p.a.

0% p.a. for 28 months and then 21.74% p.a. (2.00% balance transfer fee)

$59 $0 in the first year

Thumbnail icon for American Express
American Express

Low Rate Credit Card

10.99% p.a.

No current offer

$0

Thumbnail icon for HSBC
HSBC

Low Rate Credit Card

12.99% p.a.

0% p.a. for 12 months and then 25.99% p.a. (2.00% balance transfer fee)

$99

Thumbnail icon for Australian Unity
Australian Unity

Low Rate Visa Credit Card

9.90% p.a.

No current offer

$59

Thumbnail icon for MOVE Bank
MOVE Bank

Low Rate Credit Card

8.99% p.a.

0% p.a. for 6 months and then 8.99% p.a.

$59 $0 in the first year

Thumbnail icon for NAB
NAB

Low Rate Card

13.49% p.a.

0% p.a. for 28 months and then 21.74% p.a. (2.00% balance transfer fee)

$59 $0 in the first year

Thumbnail icon for American Express
American Express

Low Rate Credit Card

10.99% p.a.

No current offer

$0

Thumbnail icon for HSBC
HSBC

Low Rate Credit Card

12.99% p.a.

0% p.a. for 12 months and then 25.99% p.a. (2.00% balance transfer fee)

$99

Thumbnail icon for Australian Unity
Australian Unity

Low Rate Visa Credit Card

9.90% p.a.

No current offer

$59

Thumbnail icon for MOVE Bank
MOVE Bank

Low Rate Credit Card

8.99% p.a.

0% p.a. for 6 months and then 8.99% p.a.

$59 $0 in the first year

Thumbnail icon for Bank of Queensland
Bank of Queensland

Blue Visa Credit Card

0% p.a. for 9 months then 20.74% p.a.

0% p.a. for 9 months and then 21.74% p.a.

$60

Thumbnail icon for Westpac
Westpac

Flex Card

0% p.a.

No current offer

$120 $10 monthly fee waived if the outstanding balance on the previous statement is paid in full by the due date.

Thumbnail icon for NAB
NAB

StraightUp Card

n/a

No current offer

$240 $20/month - waived if no spend & no balance owing

Compare other credit cards