ANZ Business Black Card

Save with a $0 annual fee in the first year, earn ANZ Reward Points and get exclusive perks 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. It also offers an annual fee waiver in the first year when you apply by 30 September 2021 (reverts to $300 p.a.).

Plus, get additional cards and monitor your transactions by linking account data with accounting software including Xero and MYOB.

With complimentary international travel insurance, ANZ’s Global Business Concierge and up to 55 interest-free days on purchases, there are plenty of extra features to help offset the annual fee.

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Sally McMullen

Last Updated Aug 19, 2020

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Details

Product Name	ANZ Business Black
Rewards program	ANZ Rewards Program
Balance transfer revert rate	Cash Advance Rate (21.74% p.a.)
Purchase rate	20.24% p.a.
Annual fee	$0 annual fee for the first year ($300 p.a. thereafter)
Interest-free period	Up to 55 days on purchases
Cash advance rate	21.74% p.a.
Min credit limit	$10,000
Card type	Visa
Foreign currency conversion fee	3%

Available to temporary residents	No
Joint application	No

Pros

Enjoy $0 annual fee for the first year.
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 program	ANZ Rewards Program
Bonus points	N/A
Rewards points per $ spent	1.5

Annual fee	$0 annual fee for the first year ($300 p.a. thereafter)
Late payment fee	$35
Foreign currency conversion fee	3%
Cash advance fee	1.5% or $1.50, whichever is greater
Overseas cash advance fee	1.5% or $1.50, whichever is greater
Additional cardholder fee	$0

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.

Residency. At least one director, partner or proprietor applying for the account must be a permanent Australian resident.
Age. You must be at least 18 years old.

Required documents

Personal information. You'll need to provide personal details for each person applying for the account, additional cardholders and authorised signatory. This includes full name, date of birth, address, contact details and proof of identity.
Business details. This includes details regarding any existing business account or lending with ANZ or other institutions including the type of facility, institution and current limit.
Finances. You may be asked to provide details about your ongoing expenses, assets, liabilities and any other forms of income.

Card benefits

First year annual fee waiver. Apply for this card by 30 September 2021 and you'll save $300 on the card's annual fee and $75 per card on the rewards fee for the first year. These fees will then be charged on the anniversary of your account opening each year.
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.
Complimentary international travel insurance. As long as you meet the eligibility requirements, you'll receive complimentary international travel insurance issued by Allianz. This insurance covers you for emergency medical and dental expenses, cancellation, loss or damage to personal and business items, rental vehicle excess in Australia insurance and more.
Transit accident insurance. If you're in an accident during a journey purchased with the card, you, your spouse and any dependent children will be covered under the transit accident insurance policy.
Security. Your card will be protected by ANZ Falcon, which will monitor your card for suspicious transactions when you shop online, over the phone and overseas. Any fraudulent purchases will be covered by Unauthorised Transaction Insurance for up to $37,500 per cardholder and $200,000 p.a. for the card.
Mobile payment technology. You can link your account to Apple Pay, Google Pay, and Samsung Pay to use your eligible smartphone or device to make contactless payments. You can also use your fitness tracker to make tap and pay with Fitbit Pay and Garmin Pay.
ANZ Global Business Concierge service. The concierge service can provide you with 24/7 assistance for everything from booking business travel to advice on where to entertain clients. You can also access priority bookings for dining experiences and access discounted tickets for trade shows, sporting and other events.
Data feeds. You can simplify your accounting processes with direct daily data feeds to accounting software providers including Xero, MYOB, Intuit QuickBooks Online and more.

Rates & fees

Annual fee. Outside of any promotions, this card charges an annual fee of $300 p.a.
Purchase interest rate. Your purchases will collect interest at 20.24% p.a.

Cash advances. Cash advances, such as ATM withdrawals, will accrue interest at 21.74% p.a.
Interest-free days. You can take advantage of up to 55 interest-free days if you repay your balance in full by the end of the statement period.
Minimum credit limit. There is a minimum credit limit of $10,000.

Review by

Sally McMullen

sally.mcmullen@finder.com.au

Sally McMullen is a creative content producer at Finder. Sally has written about credit cards for almost 5 years, authoring almost 900 articles on Finder alone. She has also been published in Yahoo Finance, Dynamic Business, Financy and Mamamia, as well as Music Feeds and Rolling Stone. Sally has a Bachelor of Communication and Media Studies majoring in Journalism (Hons) from the University of Wollongong.

Expert review

The ANZ Business Black credit card has a relatively competitive earn rate of 1.5 points per $1 spent on eligible purchases for the first $10,000 per statement period, then 1 point per $1. You also earn points for tax payments at a rate of 0.5 points per $1. Plus, you have the potential to maximise your points with additional cards. But there is a yearly rewards fee of $75 per card.

You can redeem your points for gift cards, merchandise, travel rewards and more. If you prefer frequent flyer points, you can transfer your ANZ Rewards for Qantas Points, Velocity Points, Air New Zealand Airpoints Dollars, Asia Miles and Singapore Airlines KrisFlyer Miles.

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24 Comments

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?

finder 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

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?

finder 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

Chase
April 17, 2018

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

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

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.?

finder 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

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?

finder 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

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