Are you someone who travels often and wants to earn rewards while enjoying exclusive perks? The Bank of Melbourne Amplify Signature Credit Card is perfect for those looking to maximize their Amplify Points and improve their travel experiences.
With an offer of 80,000 bonus Amplify Points after meeting the spending requirement, the card also offers a competitive 1.5 points per dollar spent on eligible purchases. In this article, we will explain the benefits, fees, and how to apply for the Bank of Melbourne Amplify Signature Card.
Why Choose the Bank of Melbourne Amplify Signature Credit Card?
This credit card comes with features that benefit both frequent travelers and regular spenders. Here is why you might want to consider it:
Generous Bonus Points
New cardholders can earn 80,000 bonus Amplify Points by spending $6,000 on eligible purchases within the first 90 days. These bonus points can help you reach your travel goals quicker.
Competitive Points Earning Rate
You earn 1.5 Amplify Points for every $1 spent on eligible purchases, and there is no cap on points. This allows you to accumulate points quickly and redeem them for flights, upgrades, or shopping.
Free Airport Lounge Access
Receive two free Priority Pass lounge invitations each year, which give access to over 1,200 airport lounges worldwide. This makes your travel more comfortable by allowing you to relax before flights.
Comprehensive Travel Insurance
The card includes complimentary international travel insurance for situations like trip cancellations and medical emergencies. This adds peace of mind when you’re traveling abroad.
Flexible Redemption Options
Your Amplify Points never expire. You can redeem them for gift cards, travel rewards, or transfer them to frequent flyer programs like Velocity and KrisFlyer.
Pros and Cons of the Bank of Melbourne Amplify Signature Card
| Pros | Cons |
|---|---|
| 80,000 bonus Amplify Points on eligible spend | $295 annual fee + $75 Qantas Rewards fee |
| Earn 1.5 Amplify Points per $1 spent | 3% overseas transaction fee |
| Two free Priority Pass lounge invitations | Points capped at $250,000 annually |
| Complimentary travel insurance | – |
| Flexible redemption options | – |
Fees and Interest Rates of Bank of Melbourne Amplify Signature Credit Card
Here is a breakdown of the fees and interest rates for the Bank of Melbourne Amplify Signature Credit Card:
| Fee | Amount |
|---|---|
| Annual fee | $295 p.a. + $75 Qantas Rewards fee |
| Balance transfer fee | 2% of the transferred amount |
| Overseas transaction fee | 3% of the converted amount |
| Cash advance fee | 3% of the cash advance or $3.75 (whichever is higher) |
| Late payment fee | $15 |
| Over-limit fee | $15 |
| Purchase interest rate | 20.99% p.a. |
| Cash advance interest rate | 21.99% p.a. |
How to Apply for the Bank of Melbourne Amplify Signature Credit Card?
To apply, call the Bank of Melbourne customer service at 13 22 66. A representative will guide you through the application process and answer any questions.
Eligibility Criteria
To apply for the Bank of Melbourne Amplify Signature Card, you must meet these requirements:
- Be at least 18 years old.
- Have a good credit history.
- Meet the bank’s income and credit assessment criteria.
- Provide valid proof of identity and address.
Conclusion
The Bank of Melbourne Amplify Signature Credit Card is a great choice for frequent travelers who want to earn rewards and enjoy additional travel perks. With its bonus points offer, competitive earn rate, and complimentary travel insurance, this card can significantly improve your travel experience. If you meet the eligibility criteria and are comfortable with the fees, this could be the right card for you.