Number free supplementary
Interest Free Days
Interest Free Days
Maximum credit limit
No set max
Late Payment Fee
Minimum credit limit
Over limit fee
Minimum repayment dollars
Duplicate statement fee
Minimum repayment percent
Supplementary card annual fee
Cash advance rate
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
Be 18 years of age or over, and; Be a permanent Australian resident or a non-permanent resident with more than 9 months remaining on your Visa
|1 point for $1 spent||Visa||Up to $1k monthly||eligible purchases|
|0.5 points for $1 spent||Visa||uncapped||eligible purchases|
- PARTNER DISCOUNTS
- Bonus Points 50,000 bonus Reward Points with your new ANZ Rewards card when you spend $1,000 on eligible purchases in the first 3 months from approval50,000 bonus Reward Points with your new ANZ Rewards card when you spend $1,000 on eligible purchases in the first 3 months from approval.
New Card. T&Cs, spend, eligibility criteria, fees and charges apply (including annual fee currently $80)
Compare and review credit cards with similar features
ANZ is one of Australia’s biggest banks. Its history dates back to 1835, when it was originally known as the Bank of Australasia. In 1951, the Bank of Australasia merged with the Union Bank of Australia to form ANZ Bank.
ANZ not only operates throughout Australia, but is also present in New Zealand, Asia, the Pacific, Europe, America and the Middle East.
As one would expect from a big four bank, ANZ offers a wide range of credit cards.
The ANZ Rewards credit card has a moderate annual fee, as well as a moderately high interest rate and a moderately low number of interest-free days.
Spending with the ANZ Rewards credit card earns rewards points, which can then be redeemed from hundreds of different rewards, including travel options, entertainment, gift cards, shopping vouchers and merchandise.
The card allows you to have multiple card holders (although at an extra cost), so that you can maximise your rewards-earning potential through everyday spending.
Card holders will also find that they have a range of ways to pay using their ANZ Rewards card. These include through Apple Pay and Android Pay as well as the ANZ App*. All purchases are protected by the ANZ Falcon monitoring service that spots suspicious transactions, while your account is protected by the ANZ Fraud Money Back Guarantee.
- Variety of rewards available
- Three additional cardholders
- Mobile payment options
- Annual fee charged
- Moderately high interest rate
- Moderately low interest-free days
Who is it good for?
The ANZ Rewards credit card is likely to best suit someone who is looking for an everyday spending card. In order to get good value from the rewards on offer, it would be necessary for a card holder to do the bulk of their spending using the card.
Couples and families will benefit from using the additional cardholder feature to build up points together. You can then exchange those points for a wide variety of rewards or cashback.
In particular, this card will best suit cardholders who pay off their balance in full each month as they will get the benefit of the rewards without the cost of the moderately high interest rate.
This card is not designed for overseas spending and, as a result, would be quite costly to take on holidays.
What RateCity says
The ANZ Rewards credit card is a competitive option for everyday card users who want their spending to contribute to travel and shopping rewards points.
There are two keys to getting the most value from the ANZ Rewards credit card. First, use it for as much of your everyday spending as possible, so that the rewards you earn will to some extent cancel out the moderate annual fee. Second, pay off your entire bill each month, so that you neutralise the moderately high interest rate and a moderately low number of interest-free days.
Those who plan to use the card for multiple cardholders should be aware that there is a substantial additional annual charge per each new cardholder.
While the ANZ Rewards credit card can offer value, there are better-value rewards cards on the market.
Applicants must be at least 18, have a good credit rating, and be a permanent Australian resident or a non-permanent resident with more than 9 months remaining on your visa.
When you apply, make sure you have identification, as well as details of your income, expenses, assets and liabilities. If you’re self-employed, you’ll need your accountant’s phone number.
ANZ is one of the big four banks in Australia and has been providing personal finance products to Australians for over 150 years. ANZ has an extensive range of branches across the nation as well as an ATM network of over 2,500 machines. Customers can also contact the bank through a 24/7 phone hotline and access their credit card and other personal financial information through internet banking and the ANZ App.
*The ANZ App is provided by Australia and New Zealand Banking Group Limited (ANZ) ABN 11 005 357 522. Super, Shares and Insurance (if available) are not provided by ANZ but entities which are not banks. ANZ does not guarantee them. This information is general in nature only and does not take into account your personal objectives, financial situation or needs. ANZ recommends that you read the ANZ App Terms and Conditions available at www.anz.com and consider if this service is appropriate to you prior to making a decision to acquire or use the ANZ App.
Property Personal Finance Writer
A property and personal finance writer, Nick Bendel covers property, loans, credit cards, superannuation, and other bank products. Nick has previously written for The Adviser, Mortgage Business, Lifehacker, Business Insider, Yahoo Finance, and InvestorDaily, and loves getting elbow-deep in the latest ABS, APRA and RBA data.
There is no one-size-fits-all best rewards credit card. It's best you research what type of rewards program you'd like, as well as the fees, interest rate and conditions associated with those types of cards before making a choice.
Rewards credit cards can also come with high annual fees that may end up nullifying the rewards, so think how often you use the card to decide whether the benefits outweigh the extra cost for you. A card with a lower annual fee might require a lot of spending to get any useful rewards, while another card with a higher annual fee might need fewer purchases to get a reward.