So fast forward a more few days, I'm still waiting for the 100k bonus ANZ Rewards sign-up points and $50 cashback to come through.
Met the minimum spend around 2 weeks ago (pending transactions all cleared within the statement period) and the latest statement was issued 5 days ago.
Called the ANZ Rewards centre and was told the usual spiel of "the bonus points will take up to 3 months / 90 days from when you met the minimum spend".
I then questioned if it was the same case as ANZ Qantas FF (as I've had that card before and the sign-up bonus was awarded at statement issuance), they said that the Rewards program is different and that the points will take up to 3 months / 90 days to post.
Guess it's a subtle way to attempt to hold onto customers longer by artificially delaying awarding points - just beware if you're on a tight timeframe to attempt to redeem any rewards - ANZ Rewards is slow to award any sign-up bonus and cashback.
The one positive though - when you actually have and redeem the reward points, it is almost instant to land in VFF.
I redeemed ~3k of ANZ Rewards points and the ~1.5k of VFF points landed in my account in about 2 mins.
In comparison, NAB Rewards was rather quick to award the sign-up bonus, but the points redemption took at least 1 business day. Could be the difference between nabbing a reward seat and missing out.
Not sure about Asiamiles or Krisflyer as the ratio is very poor (3:1) for both programs (ANZ and NAB Rewards) and the amount of points required for the same reward seat far exceeded VFF.
ie. the same SQ business reward seat I've redeemed :
Via Krisflyer - 68.5k miles (205.5k ANZ Rewards pts)
Via Virgin Velocity - 74k VFF pts (150k ANZ Rewards pts)
On the flipside though, there's more availability directly with CX or SQ, so take your pick.
