The BankSA Amplify Signature credit card falls under the Premium category, which means its benefits and features are sophisticated and robust, designed to please even the most demanding users.
With a host of complimentary insurances and one of the best rewards rates on the market, it’s undeniable that this is a top-tier credit card!
Thanks to its generous offer of 150,000 bonus points for new customers (with a qualifying spend), this card brings an attractive combination of perks for those who want more than just a basic payment tool.
Even for existing customers, while there’s no sign-up bonus, the reduced annual fee of $99 for the first year (reverting to $295 after the promotional period) is still a nice incentive.
To help you explore why the BankSA Amplify Signature credit card is such a fantastic choice, let’s dive into its key benefits!
What You Can Expect from the BankSA Amplify Signature Credit Card
- Amplify Rewards Program: Earn 1.5 Amplify points for every dollar spent, with no cap on points accumulation!
- 150,000 Bonus Points: New customers can unlock this bonus by spending at least $12,000 or more on eligible purchases.
- 2 Annual Priority Pass Lounge Visits: Get access to VIP lounges for a little extra comfort while travelling.
- ShopBack App: Link your BankSA Amplify Signature credit card to ShopBack and receive special cashback bonuses on qualifying purchases.
- Up to 55 Days Interest-Free on Retail Purchases.
- Free Additional Cardholder: You can add a secondary cardholder at no extra cost (as long as they’re 16 years or older).
- Exclusive Offers and Promotions on the Visa Platform.
- Concierge Service.
- Complimentary Insurances.
- Access to Visa’s Luxury Hotel Collection: Enjoy better rates and room upgrades where available.
Amplify Rewards Program: How to Maximise Your Points
One of the standout benefits of the BankSA Amplify Signature card is the Amplify Rewards program.
Not only do you earn a boosted rate on your spending, but you also have multiple ways to redeem your points.
What’s even better is that your points never expire, so you have all the time you need to build up your balance and redeem it when it’s most convenient for you.
When you’re ready to start exchanging points for rewards, you have a range of options.
As well as gift cards from major retailers such as David Jones, Myer, JB Hi-Fi and Bunnings.
For instance, with 11,100 Amplify points, you can snag a $50 eGift card from one of these partner merchants.
Beyond gift cards, you can also redeem points for travel options, make purchases in BankSA’s online store, donate to charities, or even transfer points to frequent flyer programs with partner airlines.
Complimentary Insurances: More Peace of Mind for Your Travels and Purchases
Did you know that this credit card comes packed with essential complimentary insurances?
With daily purchase protection and 24/7 fraud monitoring, you can use the card with confidence.
But what truly shines is the protection it provides for your travels:
- Interstate Flight Inconvenience Insurance: Helps cover you in case of flight delays or cancellations.
- Rental Vehicle Excess Cover in Australia: A must-have for frequent car renters, protecting you from high excess charges.
- International Travel Insurance: Up to six months of free coverage for overseas trips, giving you extra peace of mind while travelling abroad.
- Extended Warranty on Purchases: Get additional protection on electronics and other durable goods purchased with your card.
- Purchase Protection for Up to Four Months: In case anything happens to a newly purchased item.
- Overseas Transit Accident Insurance: Extra coverage while you’re driving or travelling abroad.
⚠️ Remember to submit a Travel Notice before your next trip. Not only does this ensure your international transactions go through smoothly, but it’s also a good opportunity to clarify any questions you have about your insurance coverage and eligibility.
Main Fees
As mentioned earlier, the annual fee for the Amplify Signature is $99 in the first year, reverting to $295 from the second year onwards, but this is a special offer for existing customers.
New customers enjoy a lower reduction ($199 and then $295), but they get the benefit of earning bonus points at no extra cost, provided they meet the minimum spending requirement.
Additionally, be aware of the interest rate on purchases, which is 20.99% p.a.. While this rate is in line with other premium credit cards, it’s crucial to pay your balance in full each month to avoid additional interest charges.
The card also comes with a 3% international transaction fee, which should be considered when using it abroad or for purchases on international websites.
Final Thoughts: Who Should Apply for the BankSA Amplify Signature Credit Card?
In summary, the Amplify Signature is a premium credit card with excellent returns for anyone considering applying.
The 150,000 bonus points for new customers are incredibly attractive, and the reduced annual fee in the first year for existing BankSA customers is another solid advantage.
On top of that, the fact that points don’t expire adds even more value to the rewards program.
Another key benefit is the card’s travel-focused perks, making it a great option for those who love adventures or simply want a financial companion for their annual holidays.
Finally, if you’re looking for a credit card that combines rewards, security, and flexibility, and you’re willing to pay for those extras, the Amplify Signature is an excellent choice.