$100 cashback offer:
The cashback offer is available when you apply for a new Port Adelaide Amplify credit card between 30 June and 29 September 2017. Only one cashback will be paid per customer. $100 cashback will be paid as a statement credit to your Port Adelaide Amplify credit card account within 60 days of activating the account. Existing BankSA customers who currently hold an Amplify credit card, or who have held one in the last 12 months, are not eligible for this offer.
The first year annual card fee waiver is available when you apply for a new Amplify credit card between 30 June 2017 and 29 September 2017. The first year annual card fee that you are liable to pay will be debited on the 12 month anniversary of the first transaction on your account and annually thereafter. This offer is not available in conjunction with any promotion other than the $100 cashback offer.
Interest Rate:
Please note, the variable purchase rate is 19.49%p.a. (variable cash advance rate of 20.24%p.a.)
This seems like a good deal, what's the catch? (other than having to own an ugly Port Adelaide credit card)