ANZ Launches AMEX/VISA Qantas Card - Changes to points earn on VISA

[melaus]

Segmenting of different ANZ customers definitely happened with this whole AMEX exercise.
I was originally told late last year that my Platinum Visa point earning rate would reduce to .5 per dollar, but this has never happened. It has stayed the same at 1.1 up to $2500. The AMEX rate has settled at 1.5 after a few month bonus of double points.
I did complain a lot re the .5 points on the Visa and even went to my local manager.
I'm not a good customer, don't have a mortgage, only a very small savings account and pay my Visa / AMEX in full each month.
I'm quite sure ANZ lost many "good" customers over this whole matter!

 

[crowman28]

Look like ANZ needs to pick up its act and introduce 1 point per dollar on the VISA for all Platinum card holders.

At least this gives a higher status to all Platinum holders.

 

[oz_mark]

Look like ANZ needs to pick up its act and introduce 1 point per dollar on the VISA for all Platinum card holders.

At least this gives a higher status to all Platinum holders.

There does not seem to be any real competitive need for them to do this.

 

[kort]

ANZ Platinum

ANZ Frequent Flyer Platinum Credit Card with Online Application

Clearly, the Visa card earns 1 QFF point per $2 spend.

Imo, The NAB Platinum Qantas card is better value earning same 1.5/$1 for the Amex and 1.33/$2 for the Visa.

Still looking for a card that earns with Amex 1.5:1 and that earns 1:1 Visa/Mcard and uncapped .

+1's Citibank Platinum visa card is 1:1, even better she joined up during a "fee free for life" promo around 2006/07? Saves us $250 a year which is better then a kick in the head. Since then I think I have seen that same promo only once.

We just use our Amex cards for 1.5:1 points and if the shop doesn't accept Amex we whip out the visa for the 1:1 (or we go to another shop that accepts amex!)

 

[markis10]

+1's Citibank Platinum visa card is 1:1, even better she joined up during a "fee free for life" promo around 2006/07? Saves us $250 a year which is better then a kick in the head. Since then I think I have seen that same promo only once.

We just use our Amex cards for 1.5:1 points and if the shop doesn't accept Amex we whip out the visa for the 1:1 (or we go to another shop that accepts amex!)

Depends where you are shopping as well, with QF, Accor, Thrifty and Hertz I get 2 points per $$ on the ANZ Visa, 3.25 points per $ on the Amex.

 

[medhead]

Depends where you are shopping as well, with QF, Accor, Thrifty and Hertz I get 2 points per $$ on the ANZ Visa, 3.25 points per $ on the Amex.

Do you mean 2.25 points per $ on the Amex? The only opportunity for 3.25 that I can find is shopping with Hampering Around.

 

[markis10]

Do you mean 2.25 points per $ on the Amex? The only opportunity for 3.25 that I can find is shopping with Hampering Around.

No I mean 3.25, 1 point bonus and 2.25 normal spend with the points booster option that came with the card .

 

[medhead]

No I mean 3.25, 1 point bonus and 2.25 normal spend with the points booster option that came with the card .

Oh. But that boost runs out soon?

 

[markis10]

Oh. But that boost runs out soon?

No, its a yearly program and costs $50 for me and was also mentioned earlier in the thread, the program varies for different card holders.

 

[medhead]

No, its a yearly program and costs $50 for me and was also mentioned earlier in the thread, the program varies for different card holders.

Oh. Sounds good. You must be a very good customer. Sorry for not keeping up with the thread better.

 

[trippin_the_rift]

Someone is doing a lot of rental car driving!

 

[Jacques Vert]

+1's Citibank Platinum visa card is 1:1, even better she joined up during a "fee free for life" promo around 2006/07? Saves us $250 a year which is better then a kick in the head. Since then I think I have seen that same promo only once.

We just use our Amex cards for 1.5:1 points and if the shop doesn't accept Amex we whip out the visa for the 1:1 (or we go to another shop that accepts amex!)

Don't forget that CitiBusiness is 1.25 per $ on Visa! And you don't have to have a business.

JV

 

[Ken1]

My wife has just received a letter from ANZ today offering the ANZ American Express card with the ANZ Frequent Flyer Platinum and keeping the 1 point per dollar up to $1500 on the Visa and 0.5 points per dollar on purchases between $1500 and $5000. The annual fee is $95 and this will be unchanged if we take up the offer. (The reason it's only 1:1 up to $1500 is that we had a previous ANZ Visa that they upgraded to Platinum a few years ago at no increase in annual fee and it also retained the $1500 limit of the previous card.)

We have previously received letters from ANZ offering the Amex card but they all reduced the Visa to 0.5 points per dollar and we already have a Qantas American Express Ultimate card so didn't need another Amex card. It's now worth accepting as we get 5000 bonus points and 3 points per dollar for the first 3 months using the ANZ Amex card.

I also have an ANZ Frequent Flyer Platinum card but haven't received a letter with this new offer yet.

 

[kort]

Don't forget that CitiBusiness is 1.25 per $ on Visa! And you don't have to have a business.

JV

Can you transfer those points earned over the Qantas FF??

 

[MAX_1]

Can you transfer those points earned over the Qantas FF??

According to T&C
"A Citi Credit Cardholder must be a member of the Qantas Frequent Flyer program to redeem reward points for Qantas Frequent Flyer (QFF) points. A joining fee applies. Membership of the QFF program is subject to Qantas Frequent Flyer Terms and Conditions. CitiBusiness Gold Cardholders can redeem Reward points at a rate of 1 Reward point for 1 QFF point. All redemption requests must be in blocks of 10,000 Reward points."

This is a capped card and I think it is capped at $60,000 after which no points will be earned.

 

[Jacques Vert]

Can you transfer those points earned over the Qantas FF??

Yes you can but only in multiples of 10,000; which in my case is not an issue.

Earlier this year I transfered 120,000 and the only issue was the customer service officer needed a calculator to confirm that 120,000 was a multiple of 10,000:shock:.

JV

 

[DrAndyC]

the only issue was the customer service officer needed a calculator to confirm that 120,000 was a multiple of 10,000:shock:.

JV

Oh dear! ....shocking!! But why am I not surprised!

 

[Jacques Vert]

According to T&C
This is a capped card and I think it is capped at $60,000 after which no points will be earned.

I am not aware that it is capped at 60,000 points; I understand the credit limit is $60,000 but that doesn't mean the points are capped. Have I missed something?

JV

 

[MAX_1]

I am not aware that it is capped at 60,000 points;

Citibank has one of the worst websites for finding information abour reward points capping.
Go to the Citibak web site and find cards. Somewhere on the page there should be a "Cards FAQ" link. Once here , find the TAB called "Rewards Program".
Find " Are the reward points capped?" Open this and find all cards (except Emirates and Select ) listed.
CitiBusiness is capped at 80,000 points ( I initially thought 60,000 )
Emirates is capped at 150,000 points or $100,000 spend.
I have 2 Emirates cards and both capped out after about 3 months.
Here is a link
Cards FAQs - Citibank Australia

 

[Jacques Vert]

CitiBusiness is capped at 80,000 points ( I initially thought 60,000 )
Here is a link
Cards FAQs - Citibank Australia

Thank you. So given that Citibusiness gives 1.25 points per $ spend, that is a spend of $64,000 per 12 months. If you use an Amex primarily (for the extra points) and the Citibusiness Visa for those occasions where Amex is not accepted, it will suffice for some.