ANZ and American Express have partnered to offer you premium card benefits including Qantas Points on eligible purchases, bonus points and complimentary domestic flights.
American Express credit cards are renowned for increased spending power, superior rewards and exclusive privileges that might not be available with other credit cards. While they're not as widely accepted as other payment networks in Australia, such as Visa or Mastercard, American Express offers perks to many types of cardholders.
ANZ has combined the perks of Visa and American Express with their dual credit cards that give you the opportunity to spend with either of the payment networks with two separate cards under one account. If you're weighing up whether or not to get a single or dual card, you can use this guide to discover the benefits of owning an ANZ American Express credit card and how it could suit your finances.
ANZ American Express credit cards review
ANZ offer cardholders the option of either Visa or American Express with their dual-branded cards. With seven different cards available, each allows you to spend on either Visa or American Express. While Visa may have wider acceptance in Australia, the American Express part of your card usually has a higher earn rate when earning rewards per dollar spent and gives you access to exclusive AMEX benefits.
Just like any other card, your purchases on either your Visa or American Express card will all come under the one account. This means that you'll have one statement that'll detail all of the purchases and transactions you've made on both of the payment networks.
The ANZ cards that currently let you use both a Visa and American Express card include:
How do ANZ American Express credit cards work?
Some of the features and benefits you can expect from using an ANZ American Express credit card include:
- One annual fee. As both of your credit cards are on the same account, you will only have to pay one annual fee for the two cards. This will save you money in the long run, as you are essentially getting two credit cards but only paying the fees for one account.
- Combined account statement. While you'll be given one card, you will not have to deal with having multiple bank statements. Any transactions that are made on either credit card will be shown on one account statement. You will not have the stress of sorting through multiple statements, as everything will be clearly listed on a single statement.
- Single credit limit. While you'll have the option to pay with two different payment networks, you'll still have on credit limit under the single account, which will make it easier to track your budget and keep your finances in control.
- A primary account for your rewards. Generally, American Express credit cards earn more points per dollar than Visa or Mastercard products. However, with the flexibility of both Visa and American Express, you can enjoy both accessibility and high earn rates and pool all of your points in one account. So if you see that American Express is accepted somewhere, you might want to use that card to make a purchase and leave the other card for where AMEX is excluded.
- Premium perks. From the Visa part of your card, you can take advantage of perks from Visa Entertainment. From access to pre-sale concert tickets, exclusive competitions and discounted prices, you'll enjoy VIP benefits that are only available to Visa cardholders. Meanwhile, with access to an American Express, you can also take advantage of lounge invites, competitions and reserved tickets for concerts and other entertainment events with American Express Invites. Some ANZ American Express credit cards also offer complimentary domestic flights and exclusive lounge access, which could come in handy for frequent flyers.
How to apply for an ANZ American Express credit card
If you find an ANZ credit card that suits your finances, you can apply by clicking on the green 'Go to Site' button on finder. While each card will have its own eligibility requirements, you'll need to make sure you meet the following criteria and organise the necessary documents before you apply:
- Age. Cardholders must be at least 18 years of age.
- Residential status. Depending on the card, you'll either have to be a permanent resident of Australia or hold a 457 working visa to apply.
- Credit history. You'll need to have a healthy credit history to receive approval.
- Minimum income. You'll need to meet a minimum annual income to apply.
Necessary information and documents
- Proof of identification. You'll need to provide proof of identification such as your passport, drivers licence or medicare card.
- Income information. To prove you meet the minimum income requirement, you'll need to provide copies of payslips, bank statements and any information regarding assets or other forms of income.
- Self-employed. If you're self-employed, you'll need to provide your accountant's contact details and information.
If you're looking for more flexibility with your ANZ credit card, consider a dual card that offers both Visa and American Express capabilities to enjoy worldwide access, premium perks and higher earn rates on rewards.
Frequently asked questions
How do I earn rewards points?
You can earn reward points on all eligible purchases spent using the card. These purchases usually exclude cash advance, balance transfers, gambling transactions and some government payments. Depending on the card and whether you use Visa or American Express, you could earn between 0.5 points and 3 points per $1 spent. Generally, the American Express card has a higher earn rate than the Visa card, so you might want to use your AMEX where it's accepted if you're looking to earn points on your daily expenses.
Depending on the card you use, you'll either earn reward points with the ANZ Rewards Program or the Qantas Frequent Flyer program.
Where can I use my ANZ American Express?
You can use your American Express ANZ credit card at a variety of locations including supermarkets, convenience stores, department stores and fuel stations around Australia. Some popular brands include BP fuel stations, Event Cinemas, BWS, Big W, Woolworths and The ICONIC.
You can see a full list of where you can use your American Express credit card here.
How are purchases made with my ANZ American Express card?
You can use your ANZ dual credit card to make purchases in the same way you would any other type of credit card. While you have one account, you'll be given two cards. One will be a Visa card and the other will be an American Express card. Each of these cards will have separate PINs and you should be able to use them EFTPOS transactions, ATM withdrawals, online purchases and contactless payments.
Comparison of ANZ Credit Cards
Rates last updated February 22nd, 2017.
- ANZ Frequent Flyer
25,000 bonus points extension with $2,500 minimum spend + annual fee waiver for the first year.
November 29th, 2016
- ANZ Frequent Flyer Black
75,000 bonus points extension with $2,500 minimum spend + annual fee waiver for the first year.
November 29th, 2016
- ANZ Platinum Credit Card
Balance transfer period changed from 18 months to 16 months.
January 18th, 2017