![Marriott Bonvoy Status Match [2020]](https://www.australianfrequentflyer.com.au/app/uploads/2020/08/marriott-bonvoy-phone-150x150.jpg)
ANZ Rewards Platinum Credit Card
For a low annual fee, earn ANZ Reward Points that are transferrable to four frequent flyer programs with the ANZ Rewards Platinum credit card.
- Signup bonus
- 100,000 extra ANZ Rewards Points + $50 back, when you spend a minimum of $2,000 on eligible purchase within the first 3 months of approval
- Points Earned
- Earn 1.5 ANZ Reward Points per $1 spent on eligible purchases up to $2,000 per statement period, then 0.5 Reward Points per $1 you spend on eligible purchases above $2,000 per statement period
- Annual fee
- $149 p.a. ongoing
Australian Frequent Flyer is currently not accepting applications for this card offer.
Get notified when it’s live.
Why we like the ANZ Rewards Platinum Card
With a relatively low annual fee, the ANZ Rewards Platinum card lets you earn ANZ Reward Points that are transferrable to four frequent flyer programs. These are Virgin Australia Velocity, Singapore Airlines KrisFlyer, Cathay and Air New Zealand Airpoints.
When you sign up for this card, you could earn 80,000 bonus ANZ Reward Points and $50 cash back to your card. You’ll also receive complimentary insurances including international travel insurance.
Key Information & How to Apply
Key facts about this card
- Card type
- Visa
- Signup bonus
- 100,000 extra ANZ Rewards Points + $50 back, when you spend a minimum of $2,000 on eligible purchase within the first 3 months of approval
- Annual fee
- $149 p.a. ongoing
- Interest rate
- 20.99% p.a.
- Interest-free days
- Up to 55 days
- Minimum monthly repayment
- 2% of outstanding balance or $25, whichever is higher
- Minimum credit limit
- $6000
- International transaction fee
- 3%
To apply for this card, you will need
- To be an Australian citizen, resident or long-term visa holder aged 18 or over
- No history of bad debt or payment default
- Your Australian driver’s licence number and proof of income
- 10-15 minutes to complete your application
Australian Frequent Flyer is currently not accepting applications for this card offer.
Get notified when it’s live.
Contents
Sign-up bonus
Apply for an ANZ Rewards Platinum card and spend at least $2,000 on eligible purchases within the first 3 months to earn 80,000 bonus ANZ Reward Points! That’s equal to 40,000 Virgin Australia Velocity points, 26,667 Singapore Airlines KrisFlyer miles, 26,667 Cathay Asia Miles or 400 Air New Zealand Airpoints Dollars. Alternatively, you could redeem those ANZ Reward Points for a $350 gift card.
Plus, when you meet the spend target, you’ll receive $50 back to your new ANZ Rewards Platinum card.
As an example of how you could spend your points, it costs 35,500 Velocity points (plus taxes & carrier charges) for a one-way Business Reward Seat on Virgin Australia from Brisbane to Perth or Darwin.
Alternatively, you could book a one-way Cathay Pacific Economy Class flight from Sydney, Melbourne, Perth or Brisbane to Hong Kong for 20,000 Asia Miles (plus taxes & charges).
This sign-up offer does not have a fixed expiry date but may be changed or withdrawn at any time.
The offer is not available to existing ANZ Rewards cardholders, or if you have been the primary cardholder of an ANZ Rewards credit card in the past 12 months. However, holding an ANZ Frequent Flyer credit card that earns Qantas Points would not exclude you from this offer.
Earning ANZ Reward Points
With an ANZ Rewards Platinum card, you’ll earn 1.5 ANZ Reward Points per $1 spent on eligible transactions (excluding government payments) up to the first $2,000 per month. That’s effectively 0.75 Velocity points or 0.5 KrisFlyer miles per dollar spent.
After spending $2,000 in a given monthly statement period, you’ll earn 0.5 ANZ Reward Points per dollar on any remaining spend.
There is no cap on the total amount of points you can earn.
ANZ Reward Points are valid for 3 years, but unused points do expire at the end of the third year after they are earned. You can use your points or transfer them to a frequent flyer program before this time to avoid losing them.
Earning points for ATO & government payments
The ANZ Rewards Platinum card does not award any points on payments made directly to the ATO or other government bodies in Australia.
However, you can use a payment service such as pay.com.au to pay tax and other bills with this card, and still earn points at the full rate!
Redeeming ANZ Reward Points
ANZ Reward Points can be converted to 4 different frequent flyer programs. Here’s the full list of ANZ Rewards transfer partners:
| Transfer partners | 1 ANZ Reward Point equals… | Minimum redemption |
|---|---|---|
| Air New Zealand Airpoints | 0.005 Airpoints Dollars | 2,000 Reward Points |
| Cathay (Asia Miles) | 0.33 miles | 3,000 Reward Points |
| Singapore Airlines KrisFlyer | 0.33 miles | 1,500 Reward Points |
| Virgin Australia Velocity | 0.5 points | 2,000 Reward Points |
See our Overview of ANZ Rewards Transfer Partners for more information.
Alternatively, you could redeem your points through the ANZ Rewards program for rewards including:
- Gift cards
- Cashback
- Merchandise from the ANZ Rewards Store
Other card benefits
Complimentary travel insurance
This card comes with complimentary domestic and international travel insurance. This insurance is underwritten by Allianz and is available when you spend at least $250 on prepaid travel costs before leaving Australia. You must be aged under 81 years old and have a return overseas travel ticket before leaving Australia.
The card also comes with complimentary rental vehicle excess in Australia, extended warranty insurance and purchase protection insurance.
Before using this insurance, we’d encourage you to read the PDS here.
Cashrewards partnership
ANZ has also joined forces with Cashrewards to offer its customers great cashback offers both online and when shopping in person. You can link your ANZ credit card to your free Cashrewards account to access Cashrewards offers when shopping in-store with its retail partners.
Summary
Pros
- Earn flexible ANZ Reward Points, which you can transfer to 4 frequent flyer programs
- Low annual fee for a points-earning credit card
- Complimentary travel insurance
- Cashrewards partnership
- Personal Concierge service and invitation-only exclusives by ANZ
- Compatible with Apple Pay, Google Pay & Samsung Pay
Cons
- The full rate of points is only earned on the first $2,000 spent per month
- International transaction fees apply
- High interest rate (this could be a problem if you don’t think you’ll be able to repay your balance in full each month)
- Signup bonus
- 100,000 extra ANZ Rewards Points + $50 back, when you spend a minimum of $2,000 on eligible purchase within the first 3 months of approval
- Points Earned
- Earn 1.5 ANZ Reward Points per $1 spent on eligible purchases up to $2,000 per statement period, then 0.5 Reward Points per $1 you spend on eligible purchases above $2,000 per statement period
- Annual fee
- $149 p.a. ongoing
Australian Frequent Flyer is currently not accepting applications for this card offer.
Get notified when it’s live.
Frequently Asked Questions (FAQs)
To apply for an ANZ Rewards Platinum credit card, you would need to be an Australian or New Zealand citizen, permanent resident or visa holder with at least 9 months left on your visa, aged 18 or over, and have a good credit rating. Other criteria may apply.
The minimum credit limit is $6,000.
ANZ Reward Points are valid for 3-4 years. Unused ANZ Reward Points expire at the end of the third year after they were originally earned.
Yes, the ANZ Rewards Platinum card supports Apple Pay, Google Pay and Samsung Pay. It’s also compatible with wearables such as Fitbit Pay and Garmin Pay. So, you can still use this card when you’re out and about without carrying the physical card.
You can add Additional Cardholders on your ANZ Rewards Platinum card for an annual fee of $10, plus a $55 Rewards Program Services Fee. This means there is a total cost of $65/year per Additional Cardholder.