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Avid points collectors will no doubt give serious consideration to the Bank of Melbourne Amplify Signature Credit Card, especially since it comes with a host of benefits to tempt the sort of regular traveller who derives the greatest benefit from card points and rewards schemes. With a $279 p.a. annual fee it’s Bank of Melbourne’s most expensive card, but since it’s easy to recoup the cost of the fee in rewards points plus complimentary insurance value, there’s more than one reason to give it a try.
Huge bonus points sweeteners
This card comes with a range of juicy benefits for new cardholders. Provided you are able to spend $4,000 in 90 days of holding the card, you’ll get a liberal 90,000 bonus points credited to your rewards account.
The 90,000 points will put you well on the way to earning an economy reward flight to Europe or New York (120,000 points). Or, if you choose the Amplify Rewards program instead, they’re almost enough for $450 in retail gift cards (99,900 points).
If you’re not already a member of the Qantas Frequent Flyer program, it won’t cost you a cent to join because Bank of Melbourne will pay the $89.50 joining fee on your behalf.
Other points benefits – ongoing and temporary
St. George will help you celebrate your birthday every year with an additional 10% of the points – Amplify or Qantas – earned in the last 12 months.
You can choose between Amplify Rewards Points (1.5pts per $1 spent) or Qantas Frequent Flyer Points (0.75pts per $1 spent).
Unlike some other cards, there is no cap on the points you can earn each month.
Perks for international travellers
Further insurance cover
Other insurance cover provided free of charge with the card will prove useful even if you never leave Australia. It includes:
The benefit of choice
Although it’s generally accepted that frequent flyer points are more cost effective than ordinary rewards program points, not everyone wishes to collect, or is able to use, QFF points. This card gives you the flexibility of deciding between QFF points and Amplify Rewards. The Amplify Rewards points, instead of being redeemed for gifts or gift vouchers, can be converted into frequent flyer points with other airlines: Virgin Velocity, Singapore Airlines Krisflyer or Malaysian Airlines Enrich miles.
Who should consider this card?
Regular international travellers will be able to extract the best value from this card, with its suite of free insurance policies, the complementary airport lounge passes, the concierge service and the hotel benefits. With an annual fee of $279 p.a., it’s less expensive than many of its competitors.
The card will also appeal to anyone who would like to flip between QFF points and a bank’s in-house rewards program, and everyone who likes the idea of a free birthday gift.
This card is the best credit card i have ever owned. You get great customer support from the Bank of Melbourne. It’s super easy to use when travelling all over the world.
I would highly recommend this card to anyone who is looking for a rewards-based credit card. I would definitely recommend using the bank as well, in conjunction with the card
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