Giving you the equivalent of 0.5 airline frequent flyer points per dollar spent with a low annual fee when earning Qantas Points – or the same $99 annual fee when earning Amplify Points – St.George's Amplify Platinum Visa credit card can be an affordable way to rack up those rewards without breaking the bank.
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 via either rewards option – and if you add an additional cardholder to your account at no charge, you could be earning points even faster.
St.George Amplify Platinum card: fast facts
- Grade/tier: Platinum
- Card type: Visa
- Loyalty variants: Qantas Points (Qantas Frequent Flyer) or Amplify Points (Amplify Rewards)
- Qantas Points earned per A$1 spent (Qantas Frequent Flyer): 0.5
- Amplify Points earned per A$1 spent (Amplify Rewards): 1.0
- 1 Amplify Point = 0.5 Velocity Points, 0.5 Singapore Airlines KrisFlyer miles or 0.5 Malaysia Airlines Enrich miles via 2:1 conversion
- Points capping/tiering: None
Amplify Platinum: fees, charges and interest
- Amplify Platinum with Qantas Points annual card fee: $99
- Alternatively, Amplify Platinum with Amplify Points annual card fee: $99
- Additional/supplementary cardholder fee: $0
- Interest rate on purchases: 19.74% p.a.
- Interest-free days on purchases: Up to 55
- Interest rate on cash advances: 21.49% 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 serving of bonus points, depending on the type of Amplify Platinum card you choose.
Select the Amplify Platinum card with Qantas Points and you could collect 60,000 bonus Qantas Points when you apply by October 2 2019 and spend $2,000 on purchases within 90 days of card approval, while paying the card's usual $99 annual fee.
Alternatively, look to the Amplify Platinum card with Amplify Points to earn up to 100,000 bonus Amplify Points over two years when you spend $6,000 on eligible purchases each year.
Under today's 2:1 frequent flyer conversion rates from the Amplify Rewards program, that's equal to 50,000 Velocity, KrisFlyer or Enrich miles, available when you apply by October 2 2019 and meet that spending criteria over the first two years.
Regardless of which rewards variant you choose, you'll collect the equivalent of 0.5 airline frequent flyer points per dollar spent on transactions and with no points capping – not a high earn rate, but not the lowest in the market.
Choose to earn Qantas Points and your bounty will be automatically transferred to Qantas Frequent Flyer each month, while selecting the Amplify Points card gives you the ability to convert your credit card points across to three other frequent flyer programs instead, whenever it's convenient to you.
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 could 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 could be all set.
While the frequent flyer earning rates on transactions are on the lower side, they are uncapped.
You also have access to four airline frequent flyer programs, depending on your card choice – Qantas Frequent Flyer with the Qantas Points card, or a combination of Virgin Australia's Velocity Frequent Flyer, Singapore Airlines' KrisFlyer and Malaysia Airlines' Enrich schemes when earning Amplify Points – which gives you added flexibility.