Number free supplementary
Interest Free Days
Interest Free Days
Maximum credit limit
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
Balance Transfer Fee
Foreign Exchange Fee
3% on Visa
Estimated ATM Cost
for AU $300 withdrawal
ANZ Rewards Platinum
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
|2 points for $1 spent||Visa||Up to $5k monthly||eligible purchases|
|1 point for $1 spent||Visa||uncapped||eligible purchases|
- Free Domestic Travel Insurance Available for up to 14 days when you use your card to pay for return domestic travel
- Purchase Protection Insurance Cover lasts for 90 days per year
- Extended Warranty Warranty is extended for the same duration as the original warranty up to 1 year.
- Special Events
- Partner Discounts
- Airport Lounge
- International Travel Insurance
- Rental Vehicle Excess In Australia Insurance
- Guaranteed Pricing Scheme
- Transit Accident Insurance
- Bonus Points 150,000 bonus Reward Points with your new ANZ Rewards Black150,000 bonus Reward Points with your new ANZ Rewards Black when you spend $4,000 on eligible purchases in the first 3 months from approval.
New card. T&Cs, spend & eligibility criteria, fees & charges apply (including annual fee currently $375)
Compare and review credit cards with similar features
NAB Qantas Rewards Signature Card
for 12 months then $395
Bonus PointsReceive 120,000 Qantas Points when you spend $3,000 in 60 days and keep your card open for over 12 months. 0% p.a. balance transfer rate for 6 months.
ANZ Rewards Travel Adventures Card
Bonus PointsTake off with 75,000 bonus Velocity Points if you spend $2,500 on eligible purchases in the first 3 months of approval. New card. Limited time. Spend and eligibility criteria, T&Cs, fees and charges apply (including annual fee currently $225).
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 Black credit card is one of many rewards points credit cards issued by ANZ. Representing the upper echelon in credit card rewards, this card is advertised as ANZ’s highest reward points-earning credit card for everyday purchases.
As expected with a rewards credit card, the ANZ Rewards Black card also comes with a moderately high interest rate on purchases, and an even higher rate for balance transfers and cash advances. Customers who choose this card will also be liable for a very high annual fee in order to keep it. ANZ do offer a moderate number of interest-free days with this credit card, but the minimum credit limit is moderately high, so the income requirement is significantly higher than for other credit cards.
Customers who choose this card can also enjoy a number of perks, including a 24/7 concierge service and complimentary insurances.
- Earn rewards points
- Complimentary insurances
- 24/7 concierge service
- Moderately high interest rate
- Very high annual fee
- Higher income requirement
Who is it good for?
The ANZ Rewards Black credit card is a card designed for customers looking to take advantage of a number of perks and benefits. With several complimentary insurances, access to airport lounges and a 24/7 concierge service, this credit card is more suited to frequent flyers and those who enjoy VIP treatment.
Its higher credit limit and ANZ Rewards points scheme also make it more suited to big spenders who are already putting a significant amount on their credit cards. ANZ Rewards points can be redeemed for a number of items and experiences, including travel, homewares, entertainment and more.
The ANZ Rewards Black credit card’s moderately high interest rate also makes it more suited to customers who regularly pay off their credit card in full. The card’s higher credit limit, combined with its interest rate, makes it less suited to customers who pay closer to the minimum each month.
What RateCity says
The ANZ Rewards Black credit card comes with no shortage of perks, benefits and rewards. Between the ANZ Rewards points, complimentary insurance, exclusive entertainment and travel offers, and 24/7 concierge, this is a credit card designed for those who enjoy the VIP treatment.
But these benefits do not come cheap, with a very high annual fee, moderately high interest rate and additional fees to add extra cardholders. The generous rewards points earned per dollar is also capped, after which the amount of points earned is reduced for the remainder of the month.
As with all rewards credit cards, it’s important to consider whether the rewards program in place is right for you. Customers should also consider whether the high annual fee and interest rate are worth it compared with the value they will get from the rewards points, and other complimentary perks included with this card.
To be eligible for the ANZ Rewards Black credit card, you must be at least 18 years old with a good credit rating. You must be a permanent Australian resident or a non-permanent resident with more than 9 months remaining on your visa. The online application can be completed in about five minutes - make sure to have your identification, employment details and proof of income on hand.
About the lender
ANZ, officially known as the Australian and New Zealand Banking Group, has been operating in Australia since it was founded in 1835. Today, customers can reach ANZ at over 1,300 branches, as well as online via live chat and email, and over the phone 24/7 for transaction disputes, to report a hoax, or for lost or stolen cards. ANZ is currently headquartered in Melbourne and employs more than 50,000 staff.
Credit cards offering rewards can be great if you know you’ll use the card enough to get significant rewards points, and use the rewards you earn.
They 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.
Also, think about the types of benefits you’d like. There’s no point in getting a card with rewards for retailers you never visit, or travel you don’t have time to use.
Credit card debt can cripple your finances. If you’re wondering how to get rid of credit card debt, here are a few steps to get you back in the black:
Calculate your debt – Knowing the magnitude of your credit debt is important. Online credit debt calculators make it easy to determine the debt size, and repayments required.
Work out a repayment plan – Take some time to formulate a credit repayment plan. Consider increasing your income, scaling back your lifestyle or refinancing.
Talk to your credit provider – If you’re still struggling with your debt, talk to your credit provider. You may be able to come to a new arrangement.