ANZ Rewards Black Credit Card

Last updated:  

Collect 100,000 bonus Reward Points and $100 back on a new ANZ Rewards Black credit card that's packed with perks.

The ANZ Rewards Black earns up to 2 ANZ Reward Points per $1 spent and offers extras including complimentary travel insurance and unlimited airport lounge access outside Australia.

100,000

Bonus points

18.79% p.a.

Purchase rate

2

Reward points

Per $ spent (Visa/Mastercard)

$375 p.a.

Annual fee

Details

Product NameANZ Rewards Black Credit Card
Rewards ProgramANZ Rewards Program
Balance Transfer Revert RateCash Advance Rate (20.99% p.a.)
Balance Transfer Limit95% of available balance
Purchase Rate18.79% p.a.
Annual Fee$375
Interest Free Period55 days
Cash Advance Rate20.99% p.a.
Minimum Credit Limit$15,000
Card TypeVisa
Foreign Currency Conversion Fee (Visa/Mastercard)3% of transaction value
Complimentary Travel InsuranceYes
Minimum Income$75,000
Minimum Age18 years of age
Available to Temporary ResidentsYes - Conditions apply
Joint ApplicationNo

Pros

  • Receive 100,000 bonus Reward Points and $100 back when you spend $4,000 on eligible purchases from card approval.
  • Earn up to 2 reward points per $1 when you make eligible purchases on your card.
  • Complimentary extras including travel insurance, airport lounge access and a personal concierge.

Cons

  • This card charges an annual fee of $375, which is relatively high.
  • Additional cardholders attract a fee of $65 each. Some reward cards offer supplementary cardholders at no extra cost.
Rewards ProgramANZ Rewards Program
Bonus Points100,000 bonus points
Rewards Points per $ spent (Visa/Mastercard)2
Annual Fee$375
Minimum Monthly Repayment2% of transaction value or $25, whichever is greater
Late Payment Fee$20
Foreign Currency Conversion Fee (Visa/Mastercard)3% of transaction value
Cash Advance Fee2% or $4, whichever is greater
Overseas Cash Advance Fee2% or $4, whichever is greater
Overseas ATM Withdrawal Fee$5
Additional Cardholder Fee$65
Number of Additional Cardholders9

Expert review

Amy Bradney-George

Review by


Amy is an editor and writer at finder.com.au with more than 10 years experience covering credit cards, personal finance and various lifestyle topics. When she’s not sharing her knowledge on money matters, Amy spends her time as an actress.

Expert review

The ANZ Rewards Black is a premium credit card that's suited to big spenders and earners, with a minimum income requirement of $75,000 and an annual fee of $375. It earns 2 points per $1 spent on eligible purchases for the first $5,000 per statement period and 1 point per $1 after that – plus an introductory 100,000 bonus points when you meet the offer's requirements.

How to apply

If you've compared your options and picked the ANZ Rewards Black, you can apply online in around 5 minutes. Get started by checking that you meet the eligibility criteria listed below, as well as the documents and details you'll need to fill out the application.

Eligibility criteria

  • Minimum income. You must earn at least $75,000 per year.
  • New cardholder. To earn the bonus points and cashback on your account, you must be a new ANZ Rewards customer. This means you must not currently hold an ANZ Rewards Black, ANZ Rewards Platinum or ANZ Rewards credit card – and must not have opened or closed one of these accounts in the last 12 months.

Card benefits

  • Bonus points. Receive 100,000 bonus Reward Points when you spend $4,000 on eligible purchases within the first 3 months from card approval. As an example, 100,000 Reward Points can be redeemed for 50,000 Velocity Points or over $440 worth of Woolworths gift cards.
  • $100 back on your card. Enjoy a $100 account credit when you get a new ANZ Rewards Black and spend $4,000 eligible purchases within the first 3 months from card approval.

Rates & fees

  • Annual fee. This card charges a $375 p.a. annual fee. This includes a $320 Annual Account Fee and a $55 Rewards Program Service Fee.
  • Purchase rate. Unless you repay your balance before the end of the statement period, your purchases will collect interest at a rate of 18.79% p.a.

Ask an expert

To ask a question simply log in via your email or Facebook or create an account.

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.

207 Comments

  1. Default Gravatar
    Lin
    October 9, 2018

    Is there minimum spend per person to be eligible for oversea travel insurance? We have an ANZ rewards black card and bought cruise tickets for the family. What is the alliance emergency contact in Fiji and New Calidonea? Thanks

    • AvatarStaff
      Jhez
      October 10, 2018

      Hello Lin,

      Thank you for your comment.

      One of the eligibility criteria to the complimentary travel insurance of the ANZ Rewards Black Credit Card is to at least used AUD$250* in total for transport costs (airfares and/or cruise) and/or land content (tours, hire cars or other hired transport and accommodation) before you went on your trip. You may contact Allianz Global Assistance in case of emergency claim when you’re in Fiji and New Calidonea. The phone number is found on their website.

      Should you wish to have real-time answers to your questions, try our chat box on the lower right corner of our page.

      Regards,
      Jhezelyn

  2. Default Gravatar
    Mary
    March 5, 2018

    ANZ rewards black credit card gives you unlimited access to Véloce airport lounges whenever used? What is the requirement and unlimited?

    • Default Gravatar
      Liezl
      March 8, 2018

      Hi Mary,

      Yes, ANZ Rewards Black cardholders can enjoy unlimited access to Véloce airport lounges by simply presenting the eligible credit card at the reception desk along with their boarding pass or travel itinerary. You can refer to this guide for more details on Veloce lounge program.

      Cheers,
      Liezl

  3. Default Gravatar
    CT
    October 7, 2017

    Is BPay an eligible purchase on the ANZ black credit card?

    • Default Gravatar
      Gru
      October 7, 2017

      Hello CT,

      Yes, for ANZ, payments using BPAY would count as an eligible purchase as long as the item or service you are paying for is considered an “eligible purchase”

      Purchases which are not eligible to earn Rewards Points are described in the ANZ Rewards – Rewards Program Terms and Conditions booklet, for example fees, cash, cash equivalent transactions, balance transfers, premiums paid for ANZ Credit Card Insurance and transactions for gambling or gaming purposes will not earn Reward Points.

      Please note that some card providers don’t allow you to earn rewards points on BPAY payments, and some will process the payment as a cash advance. It would still always be a good idea to get in touch with the card providers directly to ask for clarification and assurance on this. Also, asking the merchant or service provider that you would be paying if they will process the payment as a purchase would not hurt at all.

      Hope this helped.

      Cheers,
      Gru

  4. Default Gravatar
    John
    August 2, 2017

    Hi,

    I have been approved for the ANZ black rewards credit card on 01/08/2017. I have had this card last year and cancelled it on 17/08/2016. If I activate the new card after 17/08/2017 will I still qualify for the 75,000 bonus rewards points?

    Is the condition for not having the existing card in the last twelve months from the approval date of the new card or activation date of the new card?

    Thanks.

    • AvatarStaff
      Rench
      August 2, 2017

      Hi John,

      Thanks for your inquiry. Please note that we are not affiliated with ANZ or any company we feature on our site and so we can only offer you general advice.

      The offer is not available if you have currently closed an ANZ Rewards, ANZ Rewards Platinum or ANZ Rewards Black credit card within the previous twelve months.

      This offer applies only once per eligible customer. Your application must be approved and you must activate the card and make $2,500 worth of eligible purchases within three months of approval to receive the bonus Reward Points. Eligible Purchase means purchases which are eligible to earn Reward Points.

      You can be eligible for this offer after 12 months that you have canceled your ANZ Black Rewards credit card. You may confirm this info by contacting ANZ directly.

      Cheers,
      Rench

  5. Default Gravatar
    warren
    February 6, 2017

    hi , i have a anz black card and with ref to ,
    Access to airport lounges. Cardholders will receive unlimited access to participating airport lounges outside of Australia for you and your additional cardholders. This is regardless of airline or fare,
    how do i do this please and is my partner also welcome or just me ?
    thanks warren

    • AvatarStaff
      May
      February 7, 2017

      Hi Warren,

      Thank you for your inquiry.

      The complimentary access to participating airport lounges is available to eligible ANZ Rewards Black and ANZ Frequent Flyer Black cardholders including their additional cardholders only. If your partner is your additional cardholder, then she will also be eligible for the lounge access, otherwise, no.

      To gain complimentary access to a Participating Lounge you must present:
      a. your Eligible Card; and
      b. a current and valid flight boarding pass in the same name as the Eligible Card, at the entrance to the Participating Lounge.

      The participating airport lounges can be found on velocelounges.com and are subject to change.

      Hope this helps.

      Cheers,
      May

  6. Default Gravatar
    Mark
    December 17, 2016

    Are QANTAS and Emirates part of the program?

  7. Default Gravatar
    Madison
    September 9, 2016

    I already have a “Black” card with a #20,000 limit from one of your competitors (one of the “big” 4) but now retired no longer have a salary – just my super. Do you have some type of “transfer recognition” if I come over to ANZ and what bonus points would be available e.g. on an ANZ rewards black card if you are able to give me recognition.
    Thanks in anticipation. M

    • AvatarStaff
      Jonathan
      September 22, 2016

      Hi Madison, thanks for your inquiry!

      Whilst there is no ‘transfer recognition’ system between banks, you are eligible to apply for the ANZ Rewards Black credit card if you meet the minimum income requirement of least $75,000 per year with your superannuation income and meet the other application criteria stated in the bottom of the review page. This credit card currently offers 75,000 bonus points.

      Cheers,

      Jonathan

  8. Default Gravatar
    Jon
    August 20, 2016

    Can i transfer my anz reward points to a qantas frequent flyer program and or velocity virgin program. Thanks

    • AvatarStaff
      Dee
      August 22, 2016

      Hi Jon,

      Thanks for your question.

      Yes, you can transfer our ANZ Rewards points to any of the following frequent flyer programs:

      – Air New Zealand Airpoints
      – Cathay Pacific Asia Miles
      – Singapore Airlines KrisFlyer
      – Virgin Australia Velocity

      Cheers,
      Anndy

  9. Default Gravatar
    joe
    July 29, 2016

    Hi There

    Is paying bills for materials purchase in my business eligible for rewards points
    Also what is the capped per month?

    • AvatarStaff
      May
      August 2, 2016

      Hi Joe,

      Thanks for your inquiry.

      For ANZ Rewards Black credit card, eligible purchases exclude cash, cash equivalent transactions, balance transfers, premiums paid for ANZ Credit Card Insurance and transactions for gambling or gaming purposes. So, if you’ve just used your card for purchases from a store, then that should be considered as eligible and can earn rewards points.

      There is no capping of points for ANZ Rewards Black Credit Card, so you can earn points as many as you can with this card.

      Cheers,
      May

  10. Default Gravatar
    Fred
    June 24, 2016

    What is an eligible purchase on this card

    • AvatarStaff
      Dee
      June 24, 2016

      Hi Fred,

      Thanks for your question.

      Eligible purchases are purchases for goods and services but don’t include purchase returns and other credits. For the purpose of earning Rewards Points, eligible purchases exclude fees, cash, cash equivalent transactions, balance transfers, premiums paid for ANZ Credit Card Insurance and transactions for gambling or gaming purposes.

      I hope this answers your question.

      Cheers,
      Anndy

Ask a question
Go to site