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ANZ Business Black Card

Sally McMullen
Sally McMullen
Last updated:  

Earn ANZ Reward Points, enjoy exclusive travel perks and manage your business costs with the ANZ Business Black credit card

A premium business credit card product, the ANZ Business Black gives you greater financial flexibility with a $10,000 minimum credit limit and uncapped rewards potential.

20.24% p.a.

Purchase rate

1.5

Reward points

Per $ spent (Visa/Mastercard)

$300 p.a.

Annual fee

55 days

Interest free period

Details

Product NameANZ Business Black
Rewards programANZ Rewards Program
Balance Transfer Revert RateCash Advance Rate (21.74% p.a.)
Purchase rate (p.a.)20.24% p.a.
Annual fee$300 p.a.
Interest free period55 days
Cash advance rate (p.a.)21.74% p.a.
Min credit limit$10,000
Card typeVisa
Foreign currency conversion fee (Visa/Mastercard)3%
Complimentary travel insuranceYes
Minimum age18 years of age
Available to temporary residentsNo
Joint applicationNo

Pros

  • Enjoy up to 55 days interest-free credit on purchases.
  • Earn up to 1.5 ANZ Reward Points per $1 spent on eligible purchases.
  • Request for an additional cardholder at no extra cost.
  • Access to the ANZ 24/7 Global Business Concierge service.

Cons

  • A high annual fee of $300 applies for using the card.
  • This card does not offer any introductory rates on purchases and balance transfers.
Rewards programANZ Rewards Program
Rewards Points per $ spent (Visa/Mastercard)1.5
Annual fee$300 p.a.
Late payment fee$35
Foreign currency conversion fee (Visa/Mastercard)3%
Cash Advance Fee1.5% or $1.50, whichever is greater
Overseas cash advance fee1.5% or $1.50, whichever is greater

Expert review

Sally McMullen

Review by

Sally McMullen is a creative content producer at Finder, co-hosts our Pocket Money podcast and wrote about credit cards for almost five years. Her byline can be spotted on Yahoo Finance, Dynamic Business, Financy and Mamamia as well as Music Feeds and Rolling Stone. She has a Bachelor of Communication and Media Studies majoring in Journalism (Hons) from the University of Wollongong.

Expert review

The ANZ Rewards Black credit card has a relatively competitive earn rate and you have the potential to maximise your points with additional cards. But unlike some business rewards products, it doesn’t reward new cardholders with introductory bonus points.

How to apply

You can apply for the ANZ Business Black credit card online in 10 minutes. Before you apply, check if you meet the eligibility criteria and have the necessary information handy:

Eligibility criteria

  • ABN and ACN. You must have a valid Australian Business Name (ABN) and Australian Company Number (ACN) to apply. You'll also need to confirm the training address, mailing address and the type of business entity. The applicant must be authorised to open an account on behalf of the business.
  • Business use. You must agree to use the card predominantly for business purposes.

Card benefits

  • Earn ANZ Rewards. You and your additional cardholders can earn 1.5 ANZ Reward Points for every $1 spent on eligible purchases domestically up to $10,000 spend per statement period and 1 Reward Point for every $1 spent thereafter (excluding taxation payments). You will earn 0.5 ANZ Reward Points for every $1 spent on taxation payments.
  • Additional cardholders. You can give your staff more financial freedom by linking additional cardholders to the account at no additional annual fee. However, you'll pay a $75 rewards fee per card per year. You can set monthly spend caps, transaction limits and merchant category controls to suit each cardholder's spending needs. You'll receive one monthly statement that summarises the fees, charges and payments made under the one account.

Rates & fees

  • Annual fee. The card charges an annual fee of $300.
  • Purchase interest rate. Your purchases will collect interest at 20.24% p.a.

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24 Comments

  1. Default Gravatar
    anthony
    February 13, 2019

    looking at my december statement i notice a Loyalty Fee charged at $225.00 . Looking at your fees on this site there is no mention of this fee. yes there is a card fee but no loyalty fee. what is a loyalty fee?

    Reply
    • Avatarfinder Customer Care
      John
      February 14, 2019

      Hi Anthony,

      Thank you for reaching out to finder.

      I checked on the rates and fees for ANZ Business Black card and it does not indicate a Loyalty fee. The closest I could see is the Rewards fee which is at $75 per year per card. You may also want to check with ANZ directly on the breakdown of the loyalty fee which is being charged to you for further clarification. Hope this helps!

      Cheers,
      Reggie

      Reply
  2. Default Gravatar
    Cono
    August 28, 2018

    Why Business Black credit card does not start with Points Bonus like the personal Black Card that will let you earn 65,000 points?

    Reply
    • Avatarfinder Customer Care
      Jhez
      August 28, 2018

      Hello Cono,

      Thank you for your comment.

      Credit cards have different issuers and different rewards system. This is the reason why you get to compare which credit card product will suit you well. So basically, the bonus points as introductory offer of credit card products will depend on its rewards system.

      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

      Reply
  3. Default Gravatar
    Chase
    April 17, 2018

    Hi are we able to earn points for COD bulk diesel deliveries?

    Reply
    • Default Gravatar
      Ash Munoz
      April 17, 2018

      Hi Chase,

      Thank you for visiting finder.

      You will be able to earn points on eligible purchases if you are going to us your ANZ Business Black Card in paying for the bulk diesel delivery. Earning points does not apply to cash transactions.

      You may earn 1.5 ANZ points for every dollar spent on eligible purchase up to $10,000 every statement. For succeeding purchases, that is $10,001 and up, you will be earning 1 ANZ point for every dollar spent.

      I hope this helps.

      Let us know if there is anything else that we may assist you with.

      Cheers,
      Ash

      Reply
  4. Default Gravatar
    Chris
    February 20, 2018

    why since have we not been awarded Qantas FF points since sept 2017?
    We operate our business as a sole trader and only use the ANZ FF Black visa card for business as usual.?

    Reply
    • Avatarfinder Customer Care
      Jonathan
      February 21, 2018

      Hi Chris, thanks for your inquiry.

      Please contact ANZ credit card support directly to resolve this frequent flyer points issue.

      1800 033 844, 24 hours a day, 7 days a week.

      Thanks,

      Jonathan

      Reply
  5. Default Gravatar
    Brendan
    October 12, 2017

    According to ANZ this card cannot be set up as a bank feed to Xero. I had a replacement card sent to me and it no longer allows bank feeds from ANZ to Xero…
    Can you please confirm this?

    Reply
    • Avatarfinder Customer Care
      Harold
      October 12, 2017

      Hi Brendan,

      Thank you for your inquiry.

      You have the option to simplify your accounting processes with direct daily data feeds to accounting software providers including Xero, MYOB, Sage and more. While we do not represent any company that we feature on our pages, we can offer you a general information. If you are having an issue regarding this feature, you can call ANZ directly to assist you on this matter.

      I hope this information has helped.

      Cheers,
      Harold

      Reply
  6. Default Gravatar
    Des
    November 1, 2016

    re the ANZ business black credit card is there a limit to the number of points you can earn per statement period and per year? The info on your site was not consistent with what I was told by ANZ on the phone.

    Reply
    • Avatarfinder Customer Care
      Dee
      November 1, 2016

      Hi Des,

      Thanks for your question.

      I’ve checked the terms and conditions of ANZ Business Black Card’s rewards program and I can’t find any reference to points cap. However, it was mentioned that if you are the primary cardholder, you can set a monthly spend cap for each additional cardholder to match your budget.

      Cheers,
      Anndy

      Reply
  7. Default Gravatar
    Ray
    October 18, 2016

    Does the ANZ Business Black card earn points for payment to ATO and can these points be used for Singapore Airlines program?

    Reply
    • Avatarfinder Customer Care
      Jason
      October 31, 2016

      Hi Ray.

      Thank you for your inquiry.

      The ANZ Business Black card can earn 0.5 reward points per dollar spent on taxation payments including overseas taxation payments and you can also transfer your ANZ Reward points to Singapore Airlines KrisFlyer Miles.
      Please check out this link for the transfer points rates and the other frequent flyer programs where you can transfer your ANZ Reward points to.

      Cheers,
      Jason

      Reply
  8. Default Gravatar
    Andrew
    August 16, 2016

    What are considered eligible purchases?

    Reply
    • Avatarfinder Customer Care
      May
      August 16, 2016

      Hi Andrew,

      Thanks for your inquiry.

      As listed in the fine prints on ANZ website:

      1. Eligible purchases exclude interest, government charges, fees, balance transfers and cash and cash equivalent transactions.

      2. Eligible overseas purchases include eligible purchases in a currency other than Australian dollars or where the merchant or financial institution is located outside of Australia, but do not include taxation payments made overseas. Taxation payments include all payments to the Australian Taxation Office and other taxation bodies.

      Cheers,
      May

      Reply
  9. Default Gravatar
    Darron
    June 15, 2016

    I thought that I read yesterday that the initial annual fee was waived on the Business Black credit card. Is this the case for new applications?

    Reply
    • Avatarfinder Customer Care
      Dee
      June 15, 2016

      Hi Darron,

      Thanks for your comment.

      Unfortunately, the annual fee is not waived on the ANZ Business Black Card. So if you have this card, you’ll have to pay the annual fee of $450.

      Cheers,
      Anndy

      Reply
  10. Default Gravatar
    mick
    May 20, 2016

    Good afternoon, I saw this below in ANZ terms & conditions which I assume means you can no longer earn points for tax payments? (23) Exceptions.

    (a) Points will not accrue in relation to interest charges, premiums paid for ANZ Credit Card Insurance, government charges, bank fees, payments made to the Australian Taxation Office, card account adjustments resulting from disputed transactions or otherwise, balance transfers, cash advance (as defined in the ANZ Credit Cards Conditions of Use).

    Reply
    • Avatarfinder Customer Care
      May
      May 23, 2016

      Hi Mick,

      Thanks for your comment.

      It could be that the T&Cs you’ve found is applicable for the other ANZ credit cards. As for the ANZ Business Black Card, you are still eligible to earn 0.5 Reward Point per $1 spent on taxation payments (including overseas taxation payments). Please refer to the ANZ Business One Rewards T&Cs I’ve forwarded to your email for reference.

      Cheers,
      May

      Reply
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