- Bonus features: You can earn 100,000 ANZ Reward Points and $50 back to your new ANZ Rewards Platinum credit card when you spend $2,000 on eligible purchases in the first 3 months from approval.
- Earn points: You’ll get 1.5 Reward Points per $1 up to $2000 per statement period, then 0.5 after that
- Travel insurances: You can use complimentary international and domestic travel insurance as well as rental vehicle excess in Australia
- Card insurance: This card comes with extended warranty insurance, purchase protection insurance, and ANZ’s Falcon anti-fraud security
- Extras: Use 24/7 personal concierge services, add up to 9 additional cardholders, and sync your card with Apple Pay, Google Pay, Samsung Pay, Fitbit Pay, and Garmin Pay
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ANZ Credit Cards
ANZ Rewards Platinum Credit Card
Updated 18 November 2024
A bit of bling and some cha-ching 📿, the ANZ Rewards Platinum card is dazzling with a colossal 100,000 bonus ANZ Rewards Points and $50 back in your pocket. Spend your points flexibly with cash back, online store purchases, gift cards, travel and more.
You can earn points and travel cheaper with extras like complimentary domestic and overseas travel insurance, and rental vehicle excess in Australia.
Terms and conditions applyPoints Earn Rate (per $1 spent)
1.5 points
Capped at $2000, then 0.5 pts per $1 spent
Rewards Program
ANZ Rewards
Bonus Points
100,000 pts
Spend $2,000 in the first 3 months from approval
Pros and cons
- Each additional card holder costs $65 annually
- High interest rates
Creditcard.com.au review
Editor Review
ANZ Rewards Platinum Credit Card
Pauline Hatch
Pauline is a personal finance expert at CreditCard.com.au, with 9 years in money, budgeting and property reporting under her belt. Ask Pauline a Question about this card.
Overall Rating
This is a card that navigates the middle of the road nicely. It’s reasonably low-cost for a rewards card, especially one with huge bonus points, and the travel extras push it into platinum territory.
It won’t have as many features as cards with double the annual fee, but it scratches the itch if you want to earn decent rewards points that you can spend flexibly, without being tied to a frequent flyer program.
⚡ Want Velocity Points instead? ANZ has released another version of this card that offers big bonus Velocity Points and links to your Velocity membership. You can read our review on the ANZ Rewards Platinum - Velocity Card here.
Editor’s Review: What I love about the ANZ Rewards Platinum card
I’ll start with explaining the terms around the bonus points, and how the tiered points work.
Bonus points: You’ll earn 100,000 ANZ Rewards Points when you spend $2000 or more on eligible purchases in the first 3 months of being approved. These terms are pretty generous compared to others who ask for a much bigger spending amount.
ANZ’s terms say you won’t earn points on “interest charges or bank fees; premiums paid for ANZ Credit Card Insurance (ANZ Credit Card Insurance not available for new customers from March 17th, 2018); Government Charges or payments made to the Australian Taxation Office; card account adjustments resulting from disputed transactions or otherwise; balance transfers, cash advances (as defined in the ANZ Credit Cards Conditions of Use) or AFTs; or transactions which are identified to ANZ by the relevant merchant or any intermediary financial institution as falling into one of these categories.”
$50 cashback: When you meet the minimum spend requirement you’ll also get $50 credited to your account. That helps offset the first year’s annual fee, which is useful.
⚠ Just note you aren’t eligible for the bonus points or $50 cashback if you currently hold or have held an ANZ Rewards card in the last 12 months.
The other big ongoing feature of the ANZ Rewards Platinum is the travel insurance. You’ll get:
International and domestic travel insurance: you need to meet the eligibility criteria laid out in the PDS to activate the insurance, which may cover you for emergency and medical expenses including dental, illness and injury, and epidemics and pandemics like COVID-19.
Rental vehicle excess cover: you could be covered if your rental vehicle is stolen or damaged. Vehicles include cars, SUV’s, mini buses, and campervans or motorhomes under 4.5 tonnes. A $100 excess applies to each claim.
One last thing. This card also has 24/7 concierge services, which essentially means you have a number to call at any time to help organise your life. The concierge can help with travel recommendations, gifts and online purchases, booking hotels and restaurants, and making personal appointments.
Earning and redeeming points
There is no limit to the number of points you can earn each month, but ANZ does tier how you earn per dollar. It looks like this:
- 1.5 points per $1 up to $2000 in a statement period
- Then 0.5 points per $1 until the new statement period starts
The ANZ Rewards program gives you lots of flexibility in how you spend your points. You can choose from:
Travel: Transfer your points to airline partner programs including Velocity, Cathay Pacific, Krisflyer Singapore Airlines and Air New Zealand Airpoints. 2000 ANZ Rewards Points is equal to 1000 Velocity Frequent Flyer Points.
Cashback: Nominate an amount of points to convert into cash in your account. 5000 ANZ Rewards Points are worth $20 in cashback.
Shopping: Buy items from ANZ’s Rewards store, from fashion and fitness to kitchen items and kid’s toys.
Gift cards: Redeem points for gift cards with big-brand retailers like Amazon, Bunnings, Coles, Dan Murphys, Event Cinemas and Westfield.
60 Second Review
What’s not so great
The interest rate is on the higher end at 20.99% p.a., so paying off the card in full and avoiding interest charges will help you get the most value out of your rewards points.
If you add extra cardholders, you’ll pay a $65 fee per person, per year. This is becoming more common for rewards cards, and breaks down into $10 for the cardholder fee and $55 for the Rewards Program Service fee.
Who suits the ANZ Rewards Platinum?
The ANZ Rewards Platinum card is a travel-minded rewards card that could suit people looking for ways to make travel cheaper. You can convert points to airline programs, use concierge services and save on travel insurance. It could also be a good fit for bargain hunters wanting flexible rewards points to spend on goodies, entertainment or cashback.
User reviews
Rates and fees
Interest rates
Purchase rate 20.99% p.a.
Cash advance rate 21.99% p.a.
Interest free period on purchases up to 44 days
Balance transfer
Balance transfer rate 21.99% p.a.
Balance transfer revert rate 21.99% p.a.
Balance transfer from personal loan No
Balance transfer fee No fee
Balance transfer limit 95% of approved credit limit
Brands you can't balance transfer from ANZ
Credit limits
Minimum credit limit $6,000
Maximum credit limit N/A
Fees & repayments
Annual fee $149* p.a.
Additional cardholder fee Up to 9 - $65 p.a. each
Foreign transaction fee 3%
Minimum repayment 2% or $25, whichever is greater
Cash advance fee Consumer: 3% (in Australia); 3% of the amount or $4, whichever is greater (for overseas); Commercial: 1.50% or $1.50 whichever is greater
Late payment fee $20
Rewards and points
Rewards program
Rewards Program
ANZ Rewards
Bonus points 100,000 points
Annual points cap uncapped
Bonus points spend criteria Spend $2,000 in the first 3 months from approval
Earning points with this card
ANZ Rewards points 1.5 points per $1 spent
Points cap per month Capped at $2000, then 0.5 pts per $1 spent
Overseas earn rate same as standard earn rate
Additional features
Complimentary insurance
International Travel Insurance Yes - up to 3 consecutive months
Flight Inconvenience Insurance No
Transit Accident Insurance No
Smartphone Screen Insurance No
Purchase Protection Insurance Yes
Extended Warranty Insurance Yes
Rental Vehicle Excess In Australia Insurance Yes
Extras
Travel insurance underwritten by Allianz global assistance
Compatible with Apple Pay, Google Pay, Samsung Pay, Fitbit Pay, and Garmin Pay.
Domestic Travel Insurance
Overview
ANZ Rewards Platinum Credit Card
Points can be redeemed for hundreds of different rewards, including merchandise, travel, shopping vouchers, and gift cards. If you don’t have enough points for the reward you want, you can simrosply make up the difference with cash. Choosing the ANZ Rewards Platinum card will also give you complimentary insurance covers for travel and shopping, worldwide emergency card replacement, up to 9 additional cardholders, and access to Platinum Concierge and Visa Platinum privileges.
*For ANZ Rewards Platinum, a total annual fee of $149 applies, which includes a $94 Annual Fee and a $55 Rewards Program Service Fee.
Key features
- Receive 100,000 extra ANZ Reward Points and $50 back to your new ANZ Rewards Platinum credit card when you spend $2,000 on eligible purchases in the first 3 months from approval.
- Earn 1.5 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.
- Redeem points for gift cards, merchandise, cashback, travel and more
- Complimentary International and Domestic Travel Insurance (including COVID-19 coverage, T&Cs apply)
- Rental Vehicle Excess In Australia Insurance, Extended Warranty Insurance and Purchase Protection Insurance
- Up to 9 additional card holders (extra cost)
- Compatible with Apple Pay, Google Pay, Samsung Pay, Fitbit Pay, and Garmin Pay.
Minimum criteria to apply for this card
-
Be over 18 years old
-
Good Credit and have not applied for multiple credit cards recently
-
Permanent Australian resident or non-permanent resident with more than 12 months remaining on your Visa
You have your personal details ready to complete the online application
Pauline is a personal finance expert at CreditCard.com.au, with 9 years in money, budgeting and property reporting under her belt. Pauline is passionate about seeing Aussies win by making their money – and their credit cards – work smarter, harder and bigger
Recently Asked Questions
Something you need to know about this card? Ask our credit card expert a question.
Ask a question80 questions (showing the latest 10 Q&As)
i did previously have an anz credit card but i cannot remember when i closed it. Can you please let me know as i am looking at some of the rewards cards but would be exempt if i held a card in the last 12 months
Hi Adrian, you’ve landed on CreditCard.com.au and not ANZ. You can call ANZ directly at 13 33 33 to confirm when you closed it. In the meantime, you can check our rewards credit cards page to widen your choices. Thanks!
Hi Pauline i have an ANZ rewards Platinum Credit Card which iv had for a few years now
Could You explain how this works please as i would like to take advantage of these Bonuses
Bonus features
Hi Jason, if you already have an ANZ Rewards Platinum, unfortunately you won’t be eligible for the bonus points or the cashback (you can’t have held a Rewards card for at least 12 months). But you should automatically have all the other features available, like earning points on purchases and travel insurances. If you were after bonus points you can compare a range of other rewards cards here. All the best!
Can I transfer my low rate credit card to the platinum card
Hi Bernie, if you’re referring to an ANZ low rate card, unfortunately no, you can't transfer balances within the same card issuer. If however it’s a non-ANZ low rate card, you may transfer the balance to the ANZ Platinum card. Here’s a blog I’ve written as a guide on which issuers you can and cannot transfer to. You can check some of the other balance transfer cards for options.
Is there any international fees to use over seas?
Hi Shannon, when you use the ANZ Rewards Platinum card overseas (or with an overseas merchant in Australia), you’ll have to pay a 3% foreign transaction fee.
What are eligible purchases,and what is considered none eligible
Hi Mark, credit card providers like ANZ don't typically provide a specific list of eligible transactions. However, it's important to note that transactions such as interests, cash advances, balance transfers, chargebacks, and the like are generally not considered eligible.
Does this cover rental car excess overseas.
Hi Emily, I checked this for you and I do see that rental vehicle excess in Australia is included. For more information about the coverage, T&Cs and general exclusions, you can check their official complimentary insurance PDS.
I need card to pay for my fertility expenses. Will this consider as eligible expenses please?
Thanks
Hi Amilly, this is always a tricky question. Whether or not this is considered an “eligible transaction” solely depends on how the merchant processes the transaction. Reach out to your practice to find out how the payments are processed, and what their merchant description is. You can then ask ANZ if this will be deemed eligible! Hope this has helped!
how much time do you have to payback
Hi Irfan, with the ANZ Rewards Platinum card, you’ll have 55 days of interest free time (depending on when you make the purchase in line with your statement period) to pay back your balance. This means that as long as you pay off your full outstanding balance within 55 days from the billing cycle's closing date, you won't incur any interest charges on your purchases. Hope this helps!
are the reward points in qantas frequent flyer points or somehting other?
Hi Brent, the ANZ Rewards Platinum card has their own ANZ Rewards program letting you earn ANZ Reward Points. If you're interested in earning Qantas Points, you can explore a range of Qantas Frequent Flyer cards here.
Hi, I am wondering if the credit card fees can be waived with the points earned?
Hi Amanda, good question! With the ANZ Rewards Platinum card, you can redeem the points earned for gift cards, airline partner points, and ANZ Cashback. With the ANZ Cashback option, a minimum of 1,250 Reward Points is equivalent to a $5 ANZ Cashback which you can then use to reduce your card balance. Hope this helps!
I have an anz rewards platinum card but no mobile.I have unauthorised transactions on my latest statement
Hi John, I’m very sorry to hear that. I strongly suggest reaching out to ANZ right away about it to have this fixed. You can reach them at 13 22 73.
When does this offer expire? I can't see a date shown anywhere.
Hi John, ANZ Rewards Platinum credit card’s bonus points offer does not have a specific end date however, it is still a limited time only offer which means ANZ may withdraw or change it at any time without notice. Sneaky, but totally allowed!
Hi,
car rego, insurance and servicing are also eligible
purchases ??
Hi Sam, there’s no real clear cut definition from ANZ on this. The ANZ T&C’s state that “paying a bill through BPAY and where the biller accepts a credit card for the payment is considered eligible. There are services like Sniip that allow you to earn points on every transaction (but they do charge a % fee). Most of your everyday transactions like the chemist, a restaurant bill, car’s petrol, etc will probably be considered eligible transactions. ANZ do mention that transactions like fees, charges, cash equivalent transactions, balance transfers, government charges and the like are not considered eligible.
Had an Account with you for years when I reached eighty was told I could not keep travel insurance.Is there any account i can have that does
Hi John, you’ve actually landed on Creditcard.com.au, Australia’s top credit card comparison site. Each credit card travel insurance underwriters have different policies around the maximum age, but the good news is there are some insurance providers like Cover-More and AllClear that specialise in travel insurance for individuals over 80 years of age. You may want to explore these options to find a travel insurance policy that suits your needs.Hope this helps!
Hi Pauline,
can you pls tell me if this cards points can be redeemed for flights?
Hi Rachel, yes - the rewards points earned with the ANZ Rewards Platinum Credit Card certainly can be redeemed for frequent flyer points. You can convert them to points in these programs: Velocity Frequent Flyer, Asia Miles, Singapore Airlines KrisFlyer, and NZ Airpoints™. There’s a minimum amount of points you need to transfer at a time, and the transfer rates differ depending on what airline you choose. If you’d like to earn Qantas Points directly ANZ also has two credit cards that let you do this. Both the ANZ Frequent Flyer Black and the ANZ Frequent Flyer Platinum credit card earn direct. Hope this helps!
Can the ANZ platinum card be linked to Qantas FF point rewards?
Hi Ian, unfortunately, it's not possible to link the ANZ Rewards Platinum credit card with a Qantas Frequent Flyer account. ANZ Rewards Points can only be redeemed for frequent flyer points in these programs: Velocity Frequent Flyer, Asia Miles, Singapore Airlines KrisFlyer, and Airpoints™. However, ANZ provides two credit cards that earn Qantas Points: the ANZ Frequent Flyer Black and the ANZ Frequent Flyer Platinum credit card. Hope this helps!
Am I eligible for the reward points if I've held any ANZ credit card type in the 12 months prior?
Hi Ange, based on the information provided, it appears that you meet the eligibility criteria for the bonus points. Of course, there’s still other eligibility requirements and credit checks to go through as well. The only individuals who are not eligible for the bonus points are those who currently hold any of the ANZ Rewards card products, or who have closed and qualified for extra reward points or credit on any of these cards within the past 12 months. Hope this helps!
Are council rate and landtax count as eligible purchases?
Hi Kes, ANZ’s terms say that: ‘Government Charge(s)’ includes, but is not limited to, payment for goods, services, charges and/or levies made to a local, state, or federal government or statutory authorities or related agencies (and includes Australian and overseas governments).’ Basically anything paid to any kind of government body won’t earn Rewards points, but you can always give ANZ a call to confirm for sure.
What are the approved purchases?
Hello Kes, I think you're talking about eligible purchases. These are your regular transactions like purchasing groceries, paying for petrol, buying clothes or dining out that qualify as eligible purchases. However, specific transactions like those with interest charges, fees, cash advances, balance transfers, or related to gambling or gaming will not qualify as eligible purchases. Any transactions that are reversed or refunded won't be counted. Hope that helps!
HI , I was wondering if ANZ Rewards platinum card covers hospital fee during overseas traveling? Thanks
Hi Dong, it looks like hospital fees during overseas trip may be covered. You can check your official insurance terms PDF booklet on page 31 about this or you can call Allianz Global Assistance (ANZ’s insurance underwriter) at +61 7 3305 7465 for more information.
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