HomeCredit CardsBankSAAmplify Rewards Platinum - Velocity

BankSA Amplify Rewards Platinum - Velocity Credit Card

The BankSA Amplify Rewards Platinum - Velocity Credit Card offers 50,000 bonus Velocity Points. Ongoing benefits include Velocity Points via Amplify earned on eligible purchases, and complimentary travel insurance.


Updated 10 December 2024


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Expert Review

The BankSA Amplify Rewards Platinum - Velocity credit card is BankSA's mid-tier Velocity Frequent Flyer product. Featuring a relatively low points earn rate which is uncapped, the card provides premium features such as insurances. This card earns Amplify Points, which can be converted to a variety of rewards, including Velocity Points. Further, the product has a $124 annual fee, including up to 55 interest free days.

Considering its key features, this card is most suitable to someone who wishes to be rewarded for their spend. Other benefits include Overseas Travel and Medical Insurance which is similar to equivalent products and no additional cardholder fees.

Bonus Points and discounted Annual Fee in first year.
For a limited time the BankSA Amplify Rewards Platinum - Velocity credit card has a bonus Velocity Points offer, where you could receive 50,000 bonus Velocity Points in the first year. In addition, the product also has a $49 annual fee in first year, which is a saving of $75 from the standard fee of $124. To get this offer, there will be certain eligibility criteria that you should be aware of before you apply.

Product Details
Our mid-tier credit card that lets you earn Amplify Points."
- BankSA
Rewards

Earn Velocity Points via Amplify#

0.5points per $1 spent

# This product earns Amplify Points which can be converted to Velocity Points. For your convenience, all above references to points are in the Velocity Points currency.

Fees
Account Fees

$124 annual account fee

Additional Cardholder Fees

No additional cardholder fee

Up to 1 additional cardholder

Transaction Fees

3.00% international transaction fee

Other fees may apply.

Rates

20.99% p.a. variable purchase rate

21.99% p.a. variable cash advance rate

Up to 55 interest free days on purchases

Features
Insurance

Overseas Travel Insurance

Transit Accident Insurance

Purchase Security Insurance

Extended Warranty Insurance

Offers
Bonus Points Offer

50,000bonus points

$49annual fee in first year

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TMD

Before applying for this product, you should read the Target Market Determination (TMD) available here on the BankSA website.

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^ Credit card reward programs can be difficult to compare due to tiered and capped points earn rate structures. To simplify comparison, we estimate the number of points you could earn per $1 spent, assuming $5,000 of spend on eligible purchases each month.
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