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Bonus PointsEarn uncapped Qantas Points on your everyday purchases with an ANZ Frequent Flyer card.*Access exclusive cashback offers with Cashrewards Max.
*T&Cs, eligibility criteria, fees and charges (including current annual fee $95) apply.
Quick credit card review
For Frequent Flyer
These are the benefits of this credit card.
- Rewards Available through Qantas Frequent Flyer (ANZ Frequent Flyer)
- Apple Pay, Google Pay and Samsung Pay available
- Partner discounts
These are the drawbacks of this credit card.
- Higher than average ongoing purchase rate
- Higher than average ongoing annual fee
- Does not offer free supplementary cards
Credit card overview
For Frequent Flyer
Interest Free Days
Interest Free Days
Minimum monthly repayment
2% or $25
Minimum credit limit
Maximum credit limit
No set max
Free supplementary cards
Number free supplementary
Annual Fee Spend Waiver
Supplementary card annual fee
Late Payment Fee
Over limit fee
Duplicate statement fee
Electronic Wallet Service
Cash advance rate
Cash advance fee
Balance Transfer Rate
Balance Transfer Rate
of the approved credit limit
Balance Transfer Fee
Foreign Exchange Fee
3% on Visa
Estimated ATM Cost
for AU $300 withdrawal
Qantas Frequent Flyer (ANZ Frequent Flyer)
Domestic Flights, International Flights
A non-permanent resident with more than 9 months remaining on your Visa
|0.5 points for $1 spent||Visa||Up to $500 monthly||eligible purchases|
|0.25 points for $1 spent||Visa||uncapped||eligible purchases|
- PARTNER DISCOUNTS
- Bonus Points Earn uncapped Qantas Points on your everyday purchases with an ANZ Frequent Flyer card.*Access exclusive cashback offers with Cashrewards Max.*T&Cs, eligibility criteria, fees and charges (including current annual fee $95) apply.
Target Market Determination
Visit ANZ to view Target Market Determination.
Complimentary Qantas Frequent Flyer membership
The Estimated ATM Cost when accessing money overseas is $18. T&Cs apply.
Checkout more credit cards
Low Rate Gold Mastercard
for up to 15 months, then 13.24%
5.99% p.a on balance transfers for 5 months and then 21.24% p.a.
Lower than average ongoing purchase rate
Ability to convert large purchases into instalment plans
Domestic travel insurance
Bonus PointsEarn Rewards Points on your everyday purchases with an ANZ Rewards card.T&Cs, eligibility criteria, fees and charges (including current annual fee $80) apply. Access exclusive cashback offers with Cashrewards Max.
Visa Credit Card
for up to 6 months, then 12.95%
2.99 p.a. on purchases for 6 months then 12.95 p.a.
2.99% p.a on balance transfers for 6 months and then 12.95% p.a.
Lower than average ongoing purchase rate
Lower than average annual fee
Credit Cards News
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What does ANZ credit card insurance cover?
ANZ offers complimentary insurance on some of its credit cards, which can provide some protection against unforeseeable incidents, like the theft of your card. Depending on the type of credit card you own, you may be eligible for different insurances. For instance, most ANZ credit card customers may qualify for Purchase Protection Insurance and Extended Warranty Insurance. Customers who own premium credit cards may also be eligible for International Travel Insurance, Domestic Travel Insurance and Rental Vehicle Excess Insurance.
Consider checking your ANZ credit card insurance features listed in the ANZ Platinum or Black Complementary Insurance Policy information booklet or the ANZ First Complimentary Insurance Policy Information booket. Also, while ANZ issued the credit card, they are not the insurer. For this reason, you may need to send your insurance claims - and get your ANZ credit card insurance refund - to the insurance provider.
How does ANZ increase my credit card limit?
If you’re the primary cardholder on an ANZ credit card, you can increase your credit limit by logging into your credit card account and choosing the “Increase your credit limit” option. You can also submit an ANZ credit card limit increase application form by visiting any ANZ branch or by mail or fax. When completing the form, it's important to remember to specify how much you want the limit increased. You can estimate this by first calculating the amount of credit card debt you can afford to repay based on your income and expenses, and then declaring that in your application.
Irrespective of whether you’re completing your ANZ credit card limit increase application online or in print, you’ll need to provide updated employment information, income, and expenses, which the company will have to verify. You'll also need to authorise ANZ’s access to your credit history, as your current credit score and recent credit history tell the company about your financial responsibility, and whether or not you'll be able to repay the additional debt you’re applying for.
In some cases, ANZ may ask you for additional information, or the agent processing the application may reach out to you after your application is received. After verifying your credit score as well as your personal and financial information, however, ANZ may approve a credit card limit increase proportionate to your repaying ability, though it may not be the same as the increase you requested.
How can I transfer money from a credit card to a bank account in ANZ?
The process to transfer money from credit card to a bank account for ANZ customers can be made online via the mobile app or over the phone. Here are the necessary steps for the transfer:
Call the ANZ general enquiries number on 132273 and verify your account information. Request to transfer the desired amount. You’ll then have to provide the bank account number and the BSB details to complete the transfer.
Log in to your online banking or mobile banking app and select the “transfer” option. Provide the bank account number, BSB details, and the amount you want to transfer. Confirm the details for ANZ to transfer money from credit card to a bank account.
What should I do if my ANZ credit card has expired?
Your ANZ credit card is considered expired only after the last day of the month and year marked on your card. For instance, if your card’s expiry date reads 03/23, it is valid until 31 March 2023 and expires on 1 April 2023. Typically, you should have received a new credit card by that date, and you won’t have to request a new card.
Once you get the new card, you should remember to switch any automatic payments you have - such as a utility or mobile phone bill - from your expired credit card to your new credit card. Equally, if you are using CardPay Direct to repay your ANZ credit card debt, you may need to update the credit card account details for that service as well.
In case the new card doesn’t arrive by the expiry date of your current credit card, you can call ANZ on 13 22 73 to find out the reason and if you need to request an expedited card. Please note that if you were planning to close your credit card account or request a credit card upgrade, you may need to call ANZ at least before the 25th of the month your current credit card expires in, as that’s when they may send you the new credit card.
How does the ANZ credit card instalment plan work?
While you usually need to settle all or part of your credit card dues at the end of your statement period, some credit cards afford you the option of setting up instalment plans. This allows you to settle your credit card debt at a pace that's more convenient for you, paying a fixed amount over a fixed period, thus making it easier to budget your repayments every month.
With the ANZ credit card instalment plan, you can set up a structured repayment schedule for part or all of your balance, or even for specific purchases over a certain value.
Some of the benefits of instalment repayment include:
- Structured repayments: You’ll have a fixed sum to pay each month.
- Easier to budget: A fixed repayment sum makes it easier to make your monthly budget.
- Account benefits: You might also get benefits such as discounted interest rates or debt-tracking tools.
There are disadvantages of opting for instalment repayment, however, and they include:
- Less flexibility: You will not be able to pay a smaller amount once you set an instalment plan.
- Different interest charges: In case the instalment plan only covers part of the balance, different interest charges could apply, making it challenging to budget.
- Additional fees: You might have to pay fees or penalty charges in case of missed payments.
Can a pensioner get a credit card?
It is possible to get a credit card as a pensioner. There are some factors to keep in mind, including:
- Annual income. Look for credit cards with minimum annual income requirements you can meet.
- Annual fees. If high fees are a concern for you, opt for a card with a low or $0 annual fee.
- Interest rate. Make sure you won’t have any nasty surprises on your credit card bill. Compare cards with a low interest rates to minimise risk.
Increase your credit card limit with Westpac
You can apply to increase your Westpac credit card credit limit at any time, and most credit card providers have made it really easy to do so. You can use your online banking portal, the credit card provider’s mobile app, or even the telephone.
Applying online to increase your credit limit with Westpac is the easiest option if you’ve already activated Westpac Live Online Banking. All you need to do is fill in the required information and then hit ‘submit’ to apply for an increase in your credit card limit.
Most banks will ask for details of your financial situation at the time of applying for a credit increase. This is done to ensure your new limit meets the lender’s criteria.
You can apply for increasing your credit limit in any of the following ways:
- Visiting your nearest Westpac branch
- Calling Westpac on 1300 651 089
- Logging in on Westpac Live Online Banking
How to increase the NAB credit card limit?
If you use your NAB credit card regularly, you could consider requesting a higher credit limit. The good news is that it's fairly easy to do so using either the NAB app or NAB internet banking.
- Step 1: Download the latest version of the NAB app.
- Step 2: Select the ‘My Cards’ menu.
- Step 3: Select the card you want to increase the credit limit for.
- Step 4: Select ‘Usage Controls’ and then click on ‘Change Credit Limit’.
NAB internet banking:
- Step 1: Log into your account.
- Step 2: Choose the ‘My Cards’ menu.
- Step 3: Choose the card for which you want to increase the limit.
- Step 4: Choose ‘Change My Credit Card Limit’.
If you don’t have the NAB app or cannot access NAB internet banking, you can even visit your local branch or call their contact center.
Once you’ve applied to increase your NAB credit card limit, you’re likely to be asked for your
- current employment details
- total income, before and after-tax deductions
- assets, liabilities, and expenses information
NAB will then assess this information to determine if your current financial situation suits the increased credit limit request, and your application will either be accepted or denied.
However, this process will only work if you’re attempting to increase your personal NAB credit card limit. For a business credit card, you can contact the NAB Corporate & Business Servicing team or speak to your NAB relationship manager.
How can I increase my Bankwest credit card limit?
When you apply for a Bankwest credit card, you get assigned a pre-set credit limit, which will end up being the most that you can spend on your credit card before having to pay it off. Your credit limit is chosen for you and your current financial situation, and you should remember not to overspend, irrespective of the limit, in order to avoid racking up a massive bill.
However, banks and lenders understand that your needs will change, and have made it possible for you to increase your credit card limit, allowing you to get extra cash when you need it most. Moreover, with a higher spending limit, you may be able to get access to certain perks and benefits with your Bankwest credit card.
To increase your Bankwest credit card limit, you can visit any of the bank’s branches or call 13 17 19 and follow the steps outlined.
How do I apply for a BOQ credit card limit increase?
If you’re an existing BOQ customer, you can request a BOQ credit card limit increase over a phone call. However, you should remember that owning and using a credit card is a matter of financial responsibility, so it might be worth thinking this decision through.
When requesting a credit card limit increase, you’ll need to be just as responsible in terms of how much you earn and can set aside to repay the outstanding card balance. A credit card company may approve a credit limit increase only if you can show that you have either the income or the disposable income, which is the amount you have left after all expenses have been paid out.
For this purpose, you may need to submit your latest income documents and bank statements for an increase. You may want to estimate how much you usually have left after deducting your expenses, and then use this amount to try and convince the credit card company. Also, you may prefer to pay off the card balance in full each month and thus avoid paying interest on the card, helping you back up any claims of financial responsibility, as well.
Remember that you may not be able to apply for a credit card limit increase beyond any limitations on the type of card you own. For instance, if you own a card whose ceiling is $10,000, and your current limit is $5,000, you won't likely be able to apply for a $10,000 credit card limit increase.
Is instant approval possible for credit cards?
Instant approval may be possible – but please note that the term may be misleading. “Instant” approval tends to mean that when you apply online the lender will let you know the likeliness of your eligibility for a credit card within 60 seconds of receiving your application.
How to pay a credit card from another bank
Paying or transferring debt from one lender to the other is called a balance transfer. This involves transferring part or all of the debt from a credit card with one lender to a credit card with another. As part of the process, your new lender will pay out the old lender, so that you now owe the same amount of money but to a new institution.
Many credit card providers offer an interest-free period on balance transfers to help new applicants better handle their debt. During this period, cardholders are not required to pay interest on the debt they brought over from the other card. This can be a great opportunity for consumers to pay off credit card debt with no interest. There are often fees associated with balance transfers; normally, these are a percentage of the amount transferred.
So make sure you read the terms and conditions of the card before transferring any debt across.
How to calculate credit card interest
Credit card interest can quickly turn a manageable balance into unmovable debt. So being able to understand how interest rates translate into dollars is an important skill to acquire.
The common mistake people make is focusing on the credit card’s annual percentage rate (APR), which often sits between 15 and 20 per cent. While the APR does provide a rough idea of how much interest you’ll pay, it’s not entirely accurate.
This is because you actually accrue interest on your balance daily, not annually. So, you need to work out your daily periodic rate (DPR). To do this, divide your card’s APR by the number of days in a year (e.g. 16.9 per cent divided by 365, or 0.05 per cent). You can then apply this figure to the daily balance on your credit card.
Are credit checks mandatory?
In Australia it is impossible to get a credit card without the provider performing a credit check first. This is for your benefit, as it helps to prevent you from falling into avoidable debt.
What is the lowest monthly repayment on my credit card?
As a rule of thumb, this tends to be around 2-3 per cent of the outstanding balance. You can choose how much you want to repay each billing period as long as it is higher than this minimum required amount.
How do you apply for a credit card?
You can apply for a credit card online, over the phone or in person at the bank. Once you’ve compared the current credit card offers, the application process is quick and easy. Before you get your application started, you’ll need to gather your personal information like proof of ID, payslips and bank statements, proof of employment and details of your income, assets and liabilities. To be eligible for a credit card, you’ll need to be an Australian citizen over 18 and earn a minimum of $15,000 each year. Once you’ve applied for a credit card, you should get a response fairly instantly. If your credit card application has been approved, you should receive a welcome pack with your new credit card within 10-15 days.
How easy is it to get a credit card?
For most Australians, there are no great barriers to applying for and getting approved for a credit card. Here are some points that a lender will consider when assessing your credit card application.
Credit score: A bad credit score is not the be all and end all of your application, but it may stop you being approved for a higher credit limit. If your credit score is less than perfect, apply for the credit limit that you need, rather than the one you want.
Annual income: Most credit cards have minimum annual income requirements. Make sure you’re applying for a card where you meet the minimum.
Age & residency: You need to be at least 18 years old to apply for a credit card in Australia, and most require that you are an Australian citizen or permanent resident. However, there are some credit cards available to temporary residents.
What is the minimum income required for an American Express credit card?
The minimum income requirement for an American Express credit card will depend on the card of your choice. You must satisfy American Express’s minimum income criteria for the selected card to receive card approval.
For instance, you should be earning a minimum of $100,000 annually if you wish to own an American Express Platinum Card. An Explorer Card eligibility criteria may be easier to meet with a lower minimum income requirement of $65,000 annually. You might also consider the David Jones Platinum American Express Card if your personal income is more than $65,000 per year and you’re interested in earning points on your daily shopping at your local DJs store.
Can I pay my credit card bill with PayPal?
If you earn an income in a foreign currency, you’ll typically want to use Australian dollars to pay your Australian credit card bill. You can either transfer the money or use BPAY from your bank account for this. Another option is to use PayPal to pay the credit card.
PayPal can be used to receive and make payments in different currencies. International transfers via PayPal are also possible; however, the fees may be high. You can use the PayPal balance to transfer money to your Australian bank account and then pay your credit card bill.
Does switching credit cards affect credit?
If you’re considering getting a new credit card to replace your existing one, there’s a strong possibility that switching these credit cards will affect your credit score. You might want to apply for a new credit card because it makes financial sense to do so or because there is a better deal on offer, but it could harm your credit score.
Each time you submit an application for a new credit card, a new inquiry is recorded on your credit profile. For lenders, having many credit enquiries on your file can imply that you aren’t reliable or in control of your finances and are desperately seeking credit. So, this is how changing credit cards can affect your credit score.