ANZ Rewards Travel Adventure Card

[daft009]

i'll be hanging onto my card for as long as i can

 

[nightelves]

So in some good news, I noticed on the ANZ website that there was an option to switch credit cards, and that the Travel Adventures card still had a ticky box. So I ticked the box and now my Rewards Black has been replaced by a Travel Adventures card. This is the one I will use as my daily use keeper. It has a much lower fee, free overseas transactions, fee free overseas ATM withdrawals, and full ANZ premium card insurance package. Also I can lower my credit limit which should help me in applying for churnable cards. I have sacrificed perhaps 15k SQ miles a year that I would have earned with the black card.

I don't know how long this loophole will exist, but happy to have spotted it while it was there.

Where did you find this and I didn't think atm withdraw was allowed without being slug cash advance fees.

 

[luxury-lizard]

I think the "problem" with ATM withdrawals is that overseas ATM's don't let you select account type but always assume credit which of course becomes a cash advance. I get around this by keeping my credit card in positive credit while travelling then there are no fees except of course what the local ATM provider charges (in Europe recently this was vey high - like several Euros per tx) - best just to charge everything and avoid cash where possible.

 

[Stealthflyer]

I think the "problem" with ATM withdrawals is that overseas ATM's don't let you select account type but always assume credit which of course becomes a cash advance. I get around this by keeping my credit card in positive credit while travelling then there are no fees except of course what the local ATM provider charges (in Europe recently this was vey high - like several Euros per tx) - best just to charge everything and avoid cash where possible.

When I visited Europe in June, I was surprised at the ATM fees. I can’t remember getting slugged with fees by bank ATMs in the past. Am I just misremembering? I was also surprised that so many places were cash only given how many places in Australia are now card only. I haven’t carried cash for nearly three years.

 

[daft009]

Germany is still very cash oriented.

Though I did use my Citi debit card for fee free withdrawals

 

[Mr H]

Iran is totally card based. Cash is almost never seen. But as a foreigner, it is difficult/expensive to get a card so cash is the only viable option. The highest banknote is worth about 5 dollars, and they are uncommon, so travelling with a brick of banknotes is the way to go.

 

[RB]

Germany is still very cash oriented.

Though I did use my Citi debit card for fee free withdrawals

Totally different experience to us when we were in Germany this year-don't remember using cash at all

 

[daft009]

Totally different experience to us when we were in Germany this year-don't remember using cash at all

Bavaria seems more cash though has improved over the last 20ish years I've been going to the same area

 

[luxury-lizard]

This year (June/July/August) in Germany, Austria and Switzerland I found cards (thought not usually AmEx) were accepted everywhere BUT many people still paid (even large amounts) in cash (EUR or CHF).

 

[Viridis]

So in some good news, I noticed on the ANZ website that there was an option to switch credit cards, and that the Travel Adventures card still had a ticky box. So I ticked the box and now my Rewards Black has been replaced by a Travel Adventures card. This is the one I will use as my daily use keeper. It has a much lower fee, free overseas transactions, fee free overseas ATM withdrawals, and full ANZ premium card insurance package. Also I can lower my credit limit which should help me in applying for churnable cards. I have sacrificed perhaps 15k SQ miles a year that I would have earned with the black card.

I don't know how long this loophole will exist, but happy to have spotted it while it was there.

My wife did exactly the same thing today for exactly the same reasons. The tick box was still there so we’ll see if ANZ follow through and supply the Adventures card.

Virtually no sacrifice for her because almost all of her spend goes on her Amex; only about $8-10k p.a. on the ANZ Black so very little in the way of lost SQ points. No longer worth the fee after the initial sign-up bonus points

 

[Mr H]

My wife did exactly the same thing today for exactly the same reasons. The tick box was still there so we’ll see if ANZ follow through and supply the Adventures card.

Virtually no sacrifice for her because almost all of her spend goes on her Amex; only about $8-10k p.a. on the ANZ Black so very little in the way of lost SQ points. No longer worth the fee after the initial sign-up bonus points

I was surprised when the Travel Adventures card came through and didn't quite believe it until it arrived. It's an ugly one - half black and half shiny. It's interesting how colours deflate. I am old enough to remember when silver cards were special and gold cards had a real wow factor. Now it seems platinum is entry level and everyone I see at the supermarket has something black. I wonder what will come next.

I seem to be able to hold one card as a keeper and get granted pretty much any second card I want - but applications for a third card sometimes get declined, especially if one of more of the cards has a $15,000 limit. So reducing to a Travel Adventures with an $8,000 limit as my keeper means I should continue to breeze through applications for second cards and have less difficulty if a second card is still showing on my credit rating when an application goes in for a third. We'll see.

I am not really fussed about points from spend. I reckon I must get less on annual spend than I get with a single medium level sign up bonus. Even with the Travel Adventures card I will still get something, so it really is not a big factor.

 

[Viridis]

I was surprised when the Travel Adventures card came through and didn't quite believe it until it arrived. It's an ugly one - half black and half shiny. It's interesting how colours deflate. I am old enough to remember when silver cards were special and gold cards had a real wow factor. Now it seems platinum is entry level and everyone I see at the supermarket has something black. I wonder what will come next.

The normalisation of excellence .....

I seem to be able to hold one card as a keeper and get granted pretty much any second card I want - but applications for a third card sometimes get declined, especially if one of more of the cards has a $15,000 limit. So reducing to a Travel Adventures with an $8,000 limit as my keeper means I should continue to breeze through applications for second cards and have less difficulty if a second card is still showing on my credit rating when an application goes in for a third. We'll see.

My wife doesn't 'churn'. We just realised all her cards were in my name so we thought she better get a couple in her name in case I get run over by a bus. The Black Card has a high fee and poor redemption rate so didn't seem worth keeping after the bonus particularly given our spend on it and that we don't use its other benefits

I am not really fussed about points from spend. I reckon I must get less on annual spend than I get with a single medium level sign up bonus. Even with the Travel Adventures card I will still get something, so it really is not a big factor.

We do get some good points from our Amex but Mrs 03 will use the ANZ card primarily for travel and for places that don't take Amex

She received an online update to advise that the change has been 'completed' and the new cards are in the mail. Pretty impressive. They even advised a pro-rata refund of the Black Card fee.

 

[cvmceg]

This has been my 'keeper' card for a few years now, suits me well so hopefully they don't get rid of it at some point.

 

[Mr H]

This has been my 'keeper' card for a few years now, suits me well so hopefully they don't get rid of it at some point.

I don’t think cards survive long once they close to new members.

 

[_TheTraveller_]

can anyone confirm whether as of today whether it's possible to switch to the ANZ Adventure Card via the online portal?

 

[Viridis]

can anyone confirm whether as of today whether it's possible to switch to the ANZ Adventure Card via the online portal?

Yep, just had a look - you can do a product swap (“change credit card type”) via online banking to the Travel Adventure Card

 

[_TheTraveller_]

Mr H and Viridis, how long did it take the swap over to happen between the your existing card and Adv Card?

 

[Mr H]

Mr H and Viridis, how long did it take the swap over to happen between the your existing card and Adv Card?

A week, perhaps?

 

[Viridis]

A week, perhaps?

Mr H and Viridis, how long did it take the swap over to happen between the your existing card and Adv Card?

Yep, sounds about right - the approval was almost instant, and the card arrived within a working work

 

[_TheTraveller_]

Yep, sounds about right - the approval was almost instant, and the card arrived within a working work

I got a message of 48 hours with a reference number. I'll see how I go.

Did you guys get an email confirming the change?