ANZ Rewards Platinum Credit Card

Earn flexible ANZ Reward Points and enjoy a low annual fee with the ANZ Rewards Platinum credit card.

Signup bonus: Up to 100,000 bonus Velocity Points, receive 70,000 bonus Velocity Points when you spend a minimum of $2,000 on eligible purchase within the first 3 months from approval and an additional 30,000 bonus Velocity Points when you keep your card for more than 15 months
Points Earned: Earn 1.5 ANZ 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. Keep on your auto redemption to transfer your ANZ Reward Points to Velocity Points. 2 Rewards Points for 1 Velocity Point.
Annual fee: $149 p.a. ongoing

Why we like the ANZ Rewards Platinum Card

If you’re looking for a credit card in Australia that earns flexible rewards points for a low annual fee, look no further than the ANZ Rewards Platinum card! The card earns ANZ Reward Points that can be transferred to four frequent flyer programs: Virgin Australia Velocity, Singapore Airlines KrisFlyer, Cathay and Air New Zealand Airpoints.

The ANZ Rewards Platinum credit card includes complimentary insurances, and is compatible with Apple Pay and Google Pay for your convenience.

Key Information & How to Apply

Key facts about this card

Card type: Visa
Signup bonus: Up to 100,000 bonus Velocity Points, receive 70,000 bonus Velocity Points when you spend a minimum of $2,000 on eligible purchase within the first 3 months from approval and an additional 30,000 bonus Velocity Points when you keep your card for more than 15 months
Annual fee: $149 p.a. ongoing
Interest rate: 20.99% p.a.
Interest-free days: Up to 55 days
Minimum monthly repayment: 2% of outstanding balance or $25, whichever is higher
Minimum credit limit: $6000

To apply for this card, you will need

To be an Australian citizen, resident or long-term visa holder aged 18 or over
No history of bad debt or payment default
Your Australian driver’s licence number and proof of income
10-15 minutes to complete your application

Apply Now

Contents

Apply for an ANZ Rewards Platinum card and earn up to 100,000 bonus Velocity Points! The bonus is split int two parts. You’ll receive the first 70,000 Velocity Points spend when you spend at least $2,000 on eligible purchases within the first 3 months. Then, if you keep your card for more than 15 months, you’ll receive an additional 30,000 bonus Velocity Points.

This card earns ANZ Reward Points. To receive the bonus points, you must switch on and keep on auto-redemption to transfer your ANZ Reward Points to Velocity Points.

As an example of how you could spend your points, 70,000 Velocity Points (plus taxes & carrier charges) is enough to fly one-way between Melbourne and Singapore in Singapore Airlines Business Class.

Singapore Airlines Boeing 777-300ER Business Class. Image: Singapore Airlines.

That’s also enough points for a return Economy trip on the same route on Singapore Airlines! Alternatively, you could book up to eight return domestic Economy trips on Virgin Australia for under 100,000 Velocity Points – perfect for a family getaway (or two!)

This sign-up offer may be changed or withdrawn at any time.

The offer is not available to existing ANZ Rewards cardholders, or if you have been the primary cardholder of an ANZ Rewards Black, ANZ Rewards Platinum, or an ANZ Rewards credit card in the past 12 months.

Earning ANZ Reward Points

With an ANZ Rewards Platinum card, you’ll earn 1.5 ANZ Reward Points per $1 spent on eligible transactions (excluding government payments) up to the first $2,000 per month. That’s effectively 0.75 Velocity points or 0.5 KrisFlyer miles per dollar spent.

After spending $2,000 in a given monthly statement period, you’ll earn 0.5 ANZ Reward Points per dollar on any remaining spend.

There is no cap on the total amount of points you can earn with the ANZ Rewards Platinum credit card.

ANZ Reward Points are valid for 3 years, but unused points do expire at the end of the third year after they are earned. You can use your points or transfer them to a frequent flyer program before this time to avoid losing them.

If you like, you can turn on auto-redemption to transfer your ANZ Reward Points to Velocity Points automatically. The conversion rate is 2 ANZ Reward Points to 1 Velocity Point.

Earning points for ATO & government payments

The ANZ Rewards Platinum card does not award any points on payments made directly to the ATO or other government bodies in Australia.

However, you can use a payment service such as pay.com.au to pay tax and other bills with this card, and still earn points at the full rate!

Redeeming ANZ Reward Points

ANZ Reward Points can be converted to 4 different frequent flyer programs. Here’s the full list of ANZ Rewards transfer partners:

Transfer partners	1 ANZ Reward Point equals…	Minimum redemption
Air New Zealand Airpoints	0.005 Airpoints Dollars	2,000 Reward Points
Cathay (Asia Miles)	0.33 miles	3,000 Reward Points
Singapore Airlines KrisFlyer	0.33 miles	1,500 Reward Points
Virgin Australia Velocity	0.5 points	2,000 Reward Points

See our Overview of ANZ Rewards Transfer Partners for more information.

Singapore Airlines Boeing 777 takes off from Changi Airport — Singapore Airlines KrisFlyer is a transfer partner of ANZ Rewards. Photo: Singapore Airlines.

Alternatively, you could redeem your points through the ANZ Rewards program for rewards including:

Gift cards
Cashback
Merchandise from the ANZ Rewards Store

Other card benefits

Complimentary travel insurance

This card comes with complimentary domestic and international travel insurance. This insurance is underwritten by Allianz and is available when you spend at least $250 on prepaid travel costs before leaving Australia. You must be aged under 81 years old and have a return overseas travel ticket before leaving Australia.

The card also comes with complimentary rental vehicle excess in Australia, extended warranty insurance and purchase protection insurance.

Before using this insurance, we’d encourage you to read the PDS here.

Cashrewards partnership

ANZ also partners with Cashrewards to offer its customers excellent cashback offers both online and when shopping in person. You can link your ANZ credit card to your free Cashrewards account to access Cashrewards offers when shopping in-store with its retail partners. When using the ANZ app, you’ll also be able to view the latest Cashrewards offers.

Summary

Pros

Earn flexible ANZ Reward Points, which you can transfer to 4 frequent flyer programs
Low annual fee for a points-earning credit card
Complimentary travel insurance
Cashrewards partnership
Personal Concierge service and invitation-only exclusives by ANZ
Compatible with Apple Pay, Google Pay & Samsung Pay

Cons

The full rate of points is only earned on the first $2,000 spent per month
International transaction fees apply
High interest rate (this could be a problem if you don’t think you’ll be able to repay your balance in full each month)

Signup bonus: Up to 100,000 bonus Velocity Points, receive 70,000 bonus Velocity Points when you spend a minimum of $2,000 on eligible purchase within the first 3 months from approval and an additional 30,000 bonus Velocity Points when you keep your card for more than 15 months
Points Earned: Earn 1.5 ANZ 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. Keep on your auto redemption to transfer your ANZ Reward Points to Velocity Points. 2 Rewards Points for 1 Velocity Point.
Annual fee: $149 p.a. ongoing

Frequently Asked Questions (FAQs)

What are the requirements to apply for an ANZ Rewards Platinum credit card?

To apply for an ANZ Rewards Platinum credit card, you would need to be an Australian or New Zealand citizen, permanent resident or visa holder with at least 12 months left on your visa, aged 18 or over, and have a good credit rating. Other criteria may apply.

What is the minimum credit limit on the ANZ Rewards Platinum card?

The minimum credit limit is $6,000.

Do ANZ Reward Points expire?

ANZ Reward Points are valid for 3-4 years. Unused ANZ Reward Points expire at the end of the third year after they were originally earned.

Is the ANZ Rewards Platinum credit card compatible with Apple Pay?

Yes, the ANZ Rewards Platinum card supports Apple Pay. It’s also compatible with other major mobile payments, including Google Pay, Samsung Pay, Fitbit Pay and Garmin Pay.

Can you add Additional Cardholders?

You can add up to nine Additional Cardholders on your ANZ Rewards Platinum card for an annual fee of $65 per Additional Cardholder.

Discuss this card with the Australian Frequent Flyer community

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