Pairing a sub-$100 annual fee with an earn rate of up to one Qantas, Virgin Australia, Singapore Airlines or Malaysia Airlines frequent flyer point per dollar spent is the St. George Amplify Platinum Visa credit card.
Backed by Westpac but issued under the St. George banner, there's no limit to the number of points you can earn every month or year – and if you add an additional cardholder to your account at no charge, you could be earning those points even faster.
St. George Amplify Platinum card: fast facts
- Grade/tier: Platinum
- Card type: Visa
- Loyalty program: Amplify Qantas or Amplify Rewards
- Qantas Points earned per A$1 spent (Amplify Qantas): 0.5 at home, 1.0 abroad
- Amplify Rewards points earned per A$1 spent (Amplify Rewards): 1.0 in Australia, 2.0 overseas
- 1 Amplify Rewards point (home spend) = 0.5 Velocity Points, 0.5 Singapore Airlines KrisFlyer miles or 0.5 Malaysia Airlines Enrich miles
- 2 Amplify Rewards points (foreign spend) = 1 Velocity Point, 1 KrisFlyer mile or 1 Enrich mile)
- Points capping/tiering: None
Amplify Platinum: fees, charges and interest
- Annual fee: $99
- Additional/supplementary cardholder fee: $0
- Interest rate on purchases: 19.49% p.a.
- Interest-free days on purchases: Up to 55
- Interest rate on cash advances: 20.24% p.a.
- International transaction fee: 3.0%
- Minimum income requirement: No defined minimum
- Minimum credit limit: $6,000
Earning points for free flights: 3/5
Start your journey with a bonus 30,000 Qantas Points (via Amplify Qantas) or 30,000 Altitude points (equal to 15,000 Velocity, KrisFlyer or Enrich miles via Amplify Rewards) when you apply by March 30 2017 and spend at least $2,500 on purchases within 90 days of card approval.
You'll continue to be rewarded with no monthly or yearly points capping: so the more you spend, the more points you'll keep earning.
Regardless of which rewards option you choose, you'll collect the equivalent of 0.5 airline frequent flyer points per dollar spent on transactions within Australia – not a high earn rate, but not the lowest in the market, either – and double that on all foreign spend, which could prove a real gem for frequent travellers.
Choose Amplify Qantas and your points will be automatically transferred to Qantas Frequent Flyer each month, while choosing Amplify Rewards gives you the ability to convert your credit card points across to three other frequent flyer programs instead, whenever it's convenient to you.
Note that unlike the St. George Amplify Signature card, its Platinum cousin doesn't offer the famed 'birthday bonus' on points earned: only the standard earning rates above.
Airport lounge access: 0/5
Access to airport lounges isn't a perk offered on this card.
Free insurance coverage: 3.5/5
You may be covered by complimentary QBE travel insurance on trips of three months or less, provided you charge at least $500 in pre-paid travel costs to the card before leaving Australia.
That could be something simple like your return flight, or if you've booked your trip using frequent flyer points instead, could be $500 of cash costs associated with that frequent flyer booking or even pre-paid hotel stays and other 'overseas itinerary items'.
St. George also includes free extended warranty cover of up to 12 months when purchasing selected new appliances using the card, plus transit accident insurance.
However, interstate flight inconvenience insurance, rental vehicle excess insurance, purchase guarantees and access to a 'guaranteed pricing scheme' as offered on some other Platinum cards are notably absent.
St. George Amplify Platinum: the verdict
With an annual fee of just $99, cardholders who travel overseas even one or twice a year and qualify for the inclusive travel insurance package would quickly find the St. George Amplify Platinum card paying for itself.
That's because you may no longer need to purchase your own travel insurance policies every time you fly: simply use your card to pay for the journey or related expenses and you'd be all set.
While the frequent flyer earning rates on Australian transactions are on the lower side, you'll benefit more on overseas spend wherever Visa is accepted: accruing one frequent flyer point per dollar spent, uncapped.
There's also a choice of four participating airline frequent flyer programs – Qantas Frequent Flyer via the Amplify Qantas option plus Virgin Australia's Velocity Frequent Flyer, Singapore Airlines KrisFlyer and Malaysia Airlines Enrich via Amplify Rewards – which gives you flexibility paired with a relatively low annual fee.
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