The St.George Amplify Signature Credit Card offers a blend of rewards and perks that can elevate your everyday spending. With a generous sign-up bonus and ongoing points-earning potential, this card suits those who seek to maximize their credit card benefits. But is it the right fit for your wallet? Let’s explore the details and uncover why this card might be your next financial companion.
Why Should I Get a St.George Amplify Signature Credit Card?
The St.George Amplify Signature Card offers an enticing rewards program that allows you to earn points on every dollar spent, making it ideal for frequent shoppers and travellers. Find below why it is a perfect fit for you:
Generous Sign-Up Bonus
New cardholders can earn a substantial 150,000 Amplify Points when they spend $12,000 on eligible purchases within the first 12 months. This bonus is equivalent to up to $675 in eGift cards, providing immediate value.
High Earning Potential
The card offers an impressive 1.5 Amplify Points per dollar spent on eligible purchases, with no cap on earnings. This rate is among the highest for non-American Express cards in Australia.
Flexible Rewards Program
Amplify Points can be transferred to Velocity Frequent Flyer (2:1 ratio) or Singapore Airlines KrisFlyer (3:1 ratio), offering versatility for travel enthusiasts.
Travel Perks
Cardholders enjoy two complimentary Priority Pass lounge visits each year and access to the Visa Luxury Hotels program, enhancing travel experiences.
Complimentary Insurance
The card comes with a suite of insurance benefits, including overseas travel insurance, purchase protection, and extended warranty coverage, potentially saving you hundreds of dollars annually.
Pros and Cons of St.George Amplify Signature Credit Card
| Pros | Cons |
|---|---|
| High points earn rate (1.5 points per $1) | High annual fee ($295 after the first year) |
| Generous sign-up bonus | 3% overseas transaction fee |
| Complimentary travel insurance | High interest rates on purchases and cash advances |
| Two annual Priority Pass lounge visits | Minimum credit limit of $15,000 |
| Flexible rewards redemption options | Balance transfer rate reverts to high cash advance rate after promotional period |
Fees and Interest Associated with St.George Amplify Signature Credit Card
| Fee/Interest Type | Amount |
|---|---|
| Annual Fee | $199 first year, $295 thereafter |
| Purchase Interest Rate | 20.99% p.a. |
| Cash Advance Rate | 21.99% p.a. |
| Foreign Transaction Fee | 3% |
| Late Payment Fee | $15 |
| Minimum Credit Limit | $15,000 |
How to Apply for a St.George Amplify Signature Credit Card?
To apply for a St.George Amplify Signature Card, follow these steps:
- Visit the St.George website or use their mobile app.
- For existing St.George customers, log into your internet banking account and navigate to the credit card section.
- Select the Amplify Rewards Signature card and click “Apply now”.
- Fill out the online application form with your personal and financial information.
- Submit the required documents, which may include proof of identity, income, and employment.
Eligibility Criteria for St.George Amplify Signature Credit Card
Eligibility criteria for the St.George Amplify Signature Card include:
- Being at least 18 years old
- Australian residency
- Meeting the minimum income requirement (typically around $75,000 per annum)
- Having a good credit history
The Final Words
The St.George Amplify Signature Credit Card stands out with its high earning rate, generous sign-up bonus, and valuable travel perks. While the annual fee and overseas transaction fees are considerations, the card’s benefits can outweigh these costs for frequent travellers and high spenders.
If you are looking to maximize rewards on your everyday spending and enjoy premium travel benefits, this card deserves a spot on your shortlist. Remember to weigh the pros and cons against your financial situation and spending habits before making your decision.