ANZ Bank cuts credit card reward schemes

[opusman]

Was bound to happen after CBA and Citi...

From this week, ANZ will lower the rate at which customers with various Visa and American Express cards issued by the bank earn reward points

ANZ Bank cuts credit card reward schemes

 

[magicpies]

I was looking at getting the ANZ FF Black soon, but from this announcement it looks like only the ANZ Rewards cards will be affected, not the FF cards?

 

[mark4217]

To clarify, Rewards Black AMEX is unchanged at 3 points per $1. What about Rewards Black Visa?? I don't see any mention of this card. ?

 

[infinity]

After the Reward earn changes on 14/3/16 my take is as follows;

ANZ Black

$1 Visa 1.25ANZ points = 0.417 SQ (3ANZ/1SQ) 0.625 VA ( 2ANZ /1 VA) 0.417 AM ( 3ANZ/1 AM)

$1 Amex 3.00 ANZ points = 1.00 SQ (3ANZ/1SQ) 1.50 VA ( 2ANZ /1 VA) 1.00 AM ( 3ANZ/1 AM)

With twice yearly VA 15% promos its a no brainer to send your ANZ black points off to VA