BankSA Amplify Rewards Credit Card – Details and Application

Information verified correct on September 27th, 2016
BankSA Amplify Classic Find out more Go to site

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  • Clicking Go to site will take you to your Online Application on the bank's website. You do not need to be an existing customer of this bank to apply.
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  • Once approved, you will typically receive your credit card within 1-2 weeks
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Enjoy low introductory offers on purchases and balance transfers combined with an annual fee waiver in the first year when you apply for the BankSA Amplify Rewards Card by 29 September 2016.

BankSA gives you three ways to save if your application is approved before 29 September 2016. Pay no annual fee in the first year, 0% interest on your transferred balances for 18 months and 1% p.a. on purchases for 12 months. Plus as a part of the BankSA Amplify Rewards program, you choose whether you earn Qantas or Amplify Points. Two ways to save and two valuable rewards programs should make you think twice about this credit card.

Product NameBankSA Amplify Classic
Rewards ProgramAmplify Rewards
Balance transfer rate (p.a.)0% p.a. for 18 months
Balance Transfer Revert Rate
The interest rate after the balance transfer ends.
Purchase Rate (19.49% p.a.)
Balance Transfer Limit95% of available credit limit
Purchase rate (p.a.)1% p.a. for 12 months (reverts to 19.49% p.a.)
Offer end date29 September 2016
Annual fee$0 p.a. annual fee for the first year ($79 p.a. thereafter)
Interest Free Period
The interest-free period on purchases is the period or number of days you do not have to pay interest on your card purchases. You will be charged interest either from the day you make a purchase or from the statement date, unless you pay the closing balance in full by the due date (or within the interest-free period) on your statement.
Up to 55 days on purchases
Cash advance rate (p.a.)20.24% p.a.
Min credit limit
This is the lowest credit card limit that you can request. It is possible to apply for a higher credit card limit but not a lower one than this figure.
$1,000
Max credit limit
This credit limit may not be issued to you immediately on application. This is the maximum credit limit for this card which must be applied for or offered to you after you are approved and have already opened the account.
$25,000
Minimum Monthly Repayment2% or $10
Card TypeVisa
Late Payment Fee$9
Foreign Currency Conversion Fee (VISA)3% of transaction value
Complimentary Travel InsuranceNo
Available To Temporary ResidentsNo
Joint ApplicationYes
Minimum Age18 years of age
Available to Temporary ResidentsNo
Credit Rating Requirement
Credit rating requirement is provided only as a guide. Understanding your credit file helps you make more informed decisions in regards to your finances. Learn more about what this means here.
Good
Min Credit Limit
This is the lowest credit card limit that you can request. It is possible to apply for a higher credit card limit but not a lower one than this figure.
$1,000
Max Credit Limit
This credit limit may not be issued to you immediately on application. This is the maximum credit limit for this card which must be applied for or offered to you after you are approved and have already opened the account.
$25,000
Annual Fee$0 p.a. annual fee for the first year ($79 p.a. thereafter)
Minimum Repayment2% or $10
Late Payment Fee$9
Over Limit Fee$9
Cash Advance Fee2% of the transaction or $2.50, whichever is higher
Overseas Cash Advance Fee2%
Overseas Emergency Replacement$52.50
Overseas ATM Balance check$2.50
Overseas ATM Withdrawal Fee$5
Foreign Currency Conversion Fee (VISA)3% of transaction value
Gambling Transactions AllowedNo
Additional Cardholder Fee$0 p.a.
Number of Additional Cardholders1
BPAYYes
ChequeYes
Direct DebitYes
Australia PostYes
Phone BankingYes
Internet Banking TransfersYes
In BranchYes
MailYes
Pros
  • The BankSA Amplify Rewards Credit Card lets you choose between two different rewards programs. Cardholders can choose between the Qantas Frequent Flyer program and Amplify Rewards.
  • For new cardholders who wish to accrue Qantas Points instead of Amplify Rewards, the Amplify Qantas joining fee will be waived. This is a saving of approximately $80. This offer is limited to one membership per account.
  • Annual fee is waived for the first year (saving you $79).
  • Enjoy 1% p.a. for 12 months on purchases and 0% p.a. for 18 on balance transfers.
Cons
  • The Amplify Qantas option only lets you earn 1 Qantas Point per $1 spent, which is uncompetitive when compared to the average among other cards of 1:1.
  • Average interest rates on purchases at 19.49% p.a. is quite high.
Rewards ProgramAmplify Rewards
Rewards Points per $ (VISA/MC)1
Rewards Points per $ (VISA/MC) CapUncapped
Rewards Points per $ (AMEX) CapN/A
Points ExpiryNever

BankSA Amplify Rewards Credit Card review

With this rewards card from BankSA, you choose the program that makes sense for you. Travellers will benefit most by earning points towards the Qantas Frequent Flyer program, or be a part of the Amplify program and redeem your points for a wide range of merchandise. If you meet the deadline, you will also be eligible on 0% p.a. interest on your balance transfer and 1% p.a. interest on purchases, giving twice the typical amount of saving opportunities. The card is issued by Visa, giving you a chance to accumulate points from purchasing in millions of locations around the globe. There may not be many extras and perks with this card, but if you are looking for a simple and inexpensive way to manage your day to day expenses and earn rewards, this is one way to do it.

Benefits of using a BankSA Amplify Rewards Credit Card

The BankSA Amplify Rewards Credit Card provides you with a number of benefits that make it a valuable option for a rewards credit card:

  • Annual fee. This credit card attracts $0 annual fee in the first year ($79 p.a. thereafter) if you apply before 29 September 2016.
  • Balance transfer offer. Consolidate and manage your debt from this card and get 18 months free of interest accumulation. This gives you plenty of time to work that balance down before it reverts to the standard purchase rate.
  • Purchase rate offer. This credit card offers an introductory interest rate of 1% for 12 months on purchases. Offer ends on 29 September 2016.
  • Rewards program. You get to choose whether to use this card to earn Amplify Points or Qantas Points. With Amplify you get a point per dollar, while the ratio is half a point for each dollar if you choose Qantas. Both programs also offer you ways to earn bonus points through purchases with their partners. With Qantas this will happen twice, first with your Amplify credit card, and then again with the partner. Both programs give you the chance to earn points for flights or valuable merchandise from their online stores, providing you with a great deal of flexibility in how you use your points.
  • Uncapped points. No matter which rewards program you choose, your point earning ability will not be capped.
  • Interest-free days on purchases. After the 12-month interest-free period on purchases ends, you can still get the same benefit with up to 55 days interest-free. In order to qualify you must be paying your balance off in full each month, including any balance transfers.

Features of the BankSA Amplify Rewards Credit Card

There are elements to some of the features of this credit card that will make it stand out. Yet before making a final choice be sure to make comparisons with various cards and determine which suits your needs in the best way:

  • Balance transfer offer. You can transfer your balances without incurring any interest for the first 18 months, if you apply by 29 September 2016. This will then revert to the standard purchase rate of 19.49% p.a. after the introductory period.
  • Cash advance rate. If you use the card to withdraw cash over the counter or at an ATM the balance of that transaction is charged at a rate of 20.24% p.a.
  • Cash advance fee. In addition to interest, cash advances also incur a fee of 2% of the transaction or $2.50, whichever is higher.
  • Foreign transaction fee. 3% of the Australian dollar amount is charged for any transaction based outside of Australia.
  • Minimum credit limit. The minimum amount of credit that will be offered to you is $1,000. This amount could be higher depending on your income and credit history.
  • Additional cardholders. You are allowed 1 additional card at no cost provided that the user is at least 16 years of age.
  • Card type. You will be issued a Visa credit card if approved for this account.

Reward credit cards provide Australians a great way to make their spending count for them. If you want flexibility in your rewards programs, yet a simple account to manage with a number of money savings perks, then the Amplify Rewards card is one to consider.

How to apply for the BankSA Amplify Rewards Credit Card

The BankSA will give you a response in 60 seconds when you apply online. Check that you meet the eligibility criteria before completing the secure online application form if you have found that this is the right credit card for you:

Eligibility criteria

  • Applicants must be at least 18 years old to be approved for this credit card offer.
  • This credit card offer is only available to Australian permanent residents.
  • You will need to show that you are receiving income on a regular basis.

Required information

Having the following documentation within arm’s reach will make filling in the application easier:

  • Two forms of identification are required for BankSA to be able to confirm your identity.
  • Your employer’s name and contact information
  • Pay slips, current tax documents or bank deposits can all be used to show a steady income.
  • The amount of money you are spending on your monthly expenses

Frequently asked questions

Can I transfer balances from any credit or charge card?

No, this offer is only available for balances from cards or stores that are not affiliated with BankSA, St.George or Bank of Melbourne.

Do I need to be a member of the Qantas Frequent Flyer program to redeem points earned with this card with them?

Yes, you will first need to become a member, which can be done on their website.

Is there an expiry or cap on the earned points?

No, there is no points capping or expiry with either rewards program.

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12 Responses to BankSA Amplify Rewards Credit Card – Details and Application

  1. Default Gravatar
    Kenneth | April 12, 2016

    If I use my BankSA Amplify (Qantas FF) for my direct debits, eg; House Insurance, Car Insurance, Car Registration and other Direct Debits, Do I accumulate frequent flyer points, for such transactions ?
    (2) I understand if I use Bpay (from my Credit Card) to pay such accounts as Gas & Electricity, I can also receive points, is this correct.

    Many thanks.

    • Staff
      Sharon | April 12, 2016

      Hi Kennenth, thanks for your inquiry.

      As per BankSa’s Amplify Terms and Conditions, BPAY payments (i.e. bill payments and
      other payments made through the BPay Electronic Payments Scheme) will not earn reward points.

      For more details, kindly refer to PDF I have sent to your email.

      I hope this helps.

      Thanks,

      Sharon

  2. Default Gravatar
    james | March 18, 2015

    With the Amplify Qantas, is one $1 equal to one frequent flyer?

    • Staff
      Jonathan | March 18, 2015

      Hi James, thanks for your inquiry!

      The earnings rate for Amplify Rewards points on this card is 1 point per $1 spent. The conversion rate from Amplify Rewards to Qantas points is 1.00 Amplify point to 0.5 Qantas Points.

      Cheers,

      Jonathan

  3. Default Gravatar
    Malcolm | November 19, 2014

    Foreign Currency Conversion Fee (VISA) = 3% of transaction value

    Is this at the official Visa rate or does the bank mark-up the Visa rate and then apply the 3%?

    • Staff
      Elizabeth | November 19, 2014

      Hi Malcolm,

      Thanks for your question.

      This rate is set by BankSA. You will only be charged this rate for a foreign conversion fee, as they do not add this on top of any rate set by Visa.

      I hope this has helped.

      Thanks,

      Elizabeth

  4. Default Gravatar
    Karen | September 18, 2014

    I am interested in applying for your credit card but every time I click to GO TO SITE on the web it does not work. I also have some questions. Could I please have a tel #

    • Staff
      Shirley | September 19, 2014

      Hi Karen,

      Thanks for your question.

      Please note that sometimes if you’re trying to apply from work, there are settings in place that won’t let the page load. However, if you’re applying from home and the page isn’t loading, you can contact us on (02) 9299 7602.

      All the best,
      Shirley

  5. Default Gravatar
    Michelle | August 1, 2013

    I have a BankSA MasterCard, which has just had the annual fee of $55 taken out. If I wanted to upgrade to Amplify Qantas card with annual fee of $79 – can I just pay the difference to switch cards?

    • Staff
      Jacob | August 1, 2013

      Hi Michelle.
      Thanks for your question.
      Has your annual fee ben reduced as part of a home loan package? If so, you may be able to arrange a discount on a new credit card with the lender, but you will have to speak directly to BankSA to confirm you’re eligibility for a reduced annual fee. They may be able to offer an upgrade to their existing customers.
      Jacob.

  6. Default Gravatar
    Lynne | April 2, 2013

    Is the amounts of points capped per year that I can accrue Thank you

    • Staff
      Marc | June 17, 2013

      Hello Lynne,
      thanks for the question!

      There is no point cap associated with this card.

      Cheers,
      Marc.

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Receive a full annual fee refund and save $149 if you meet the $6,000 spend requirement. Enjoy a balance transfer offer and platinum card benefits such as complimentary insurances and concierge services.
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