The ANZ Rewards Platinum card is recommended for those who want to maximize their purchases and enjoy exclusive benefits.
With two introductory offers to choose from, you have the freedom to select the option that best suits your lifestyle: earn bonus points for the Velocity Frequent Flyer program or receive extra points in the ANZ Rewards program.
And that’s just the beginning! In addition to an excellent ongoing points earning rate, you’ll have access to complimentary insurance, fraud protection, and other benefits.
Get ready to discover a world of benefits and transform the way you use your credit card, especially if you love to travel and want special conditions to experience more incredible adventures.
What you can expect from the ANZ Rewards Platinum card:
- Cashback with Cashrewards: Boost your earnings with Cashrewards! In addition to points, the ANZ Platinum also offers cashback on purchases you can make at over 2,000 popular retailers.
- Buy now, pay later: With ANZ’s installment plans, you can split your purchases into up to 12 interest-free installments, making it easier to afford the items you want without immediately straining your budget.
- Complete protection: From coverage for flight delays and cancellations to protection for damaged or stolen purchases, you can travel and consume with greater security and peace of mind with complimentary travel and purchase insurance.
- Personal concierge: Have a personal assistant at your disposal to assist with your travel, dining, and more reservations.
- Balance transfer: The card allows you to transfer balances from other cards with a promotional rate, which can help consolidate debt and pay less interest over time.
- Compatible with digital wallets
- Extra fraud protection: The bank monitors suspicious activity and offers immediate support if needed
- Up to 44 interest-free days on purchases
How to earn points and redeem them for rewards:
For every dollar spent, you earn 1.5 ANZ Rewards points up to a limit of $2,000 and 0.5 points for spending above that.
These points can be redeemed for a variety of rewards:
✈️Airline tickets on major airlines such as Asia Miles, Air New Zealand Airpoints, Singapore Airlines KrisFlyer, and Velocity Frequent Flyer;
🎁Gift vouchers in various product and service categories including Apple, Bunnings, Myer, Woolworths, and Uber;
💲Cashback: currently, 1,250 reward points are worth $5 in credit.
Choose the ANZ Rewards Platinum introductory offer you like best:
When applying for a new card, you can choose the Velocity Frequent Flyer offer if you travel frequently:
- 70,000 bonus Velocity points when you spend $2,000 in the first 3 months.
- An additional 30,000 Velocity points when you keep the card for 15 months.
This offer is a great choice for those who want to maximize travel points quickly. Currently, 100,000 points are worth a return international flight from Brisbane, Melbourne, or Sydney to San Francisco in economy class with United Airlines, for example.
Secondly, you can select the ANZ Rewards offer which allows for more flexible redemption of points, as it is not limited to travel only. See what new customers who choose this promotion receive:
- 100,000 bonus ANZ Rewards points when you reach the $2,000 spending target in the first 3 months.
- $50 statement credit as part of the introductory offer.
100,000 points in this case are worth $400 in cashback or gift cards, but you can also transfer to some partner airlines.
Does it have disadvantages?
It’s important to note that the ANZ Rewards Platinum has some higher fees compared to other cards in the brand, such as the ANZ Low Rate and ANZ First.
Additionally, the points earning rate is lower than the ANZ Rewards Black card. Therefore, assess whether the benefits offered compensate for the fees according to your spending habits.
Main Fees
- Annual fee of $149 (includes $94 annual fee and $55 rewards program service fee)
- Additional cardholders: $65 each
- Purchase interest: 20.99% p.a.
- Balance transfer fee: 21.99% p.a.
- Cash advance fee: 21.99% p.a.
Conclusion: Why the ANZ Rewards Platinum is worth applying for
The ANZ Rewards Platinum is focused on rewards and also has complimentary insurance and exclusive services.
The two introductory offers give customers the autonomy to choose the one that best meets their needs – whether focusing on travel or flexible points.
If you intend to use all the premium benefits and don’t mind paying an annual fee to receive rewards, this card is a smart choice for your finances.
The best part is that despite being a robust credit card, it doesn’t have extremely complicated requirements for application.
Check now if you’re ready to submit your application online!