ANZ Frequent Flyer Black Credit Card

Offers up to 130,000 bonus Qantas Points and $255 back on your card. Just make sure you'll get enough value for the $425 annual fee.

The ANZ Frequent Flyer Black is a premium credit card designed for people who spend a lot on plastic and travel with Qantas. It offers travel perks and rewards including a massive bonus Qantas Points offer, complimentary travel insurance covers and airport lounge invitations. At the cost of the $425 annual fee, you'll want to make sure you get enough value beyond the bonus points if you plan to keep the card.

If you’re a new cardholder, you’ll get 100,000 bonus Qantas Points and $255 back onto your card when you apply, are approved and spend $3,000 on eligible purchases within the first 3 months. You’ll receive the other 30,000 bonus points when you keep your account open for over 12 months.

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Amy Bradney-George

Last Updated Jul 6, 2022

130,000

Bonus points

20.24% p.a.

Purchase rate

Reward point

Per $ spent

$425 p.a.

Annual fee

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Details

Product Name	ANZ Frequent Flyer Black
Rewards program	Qantas Frequent Flyer
Balance transfer rate p.a.	21.24%
Balance transfer revert rate	Cash Advance Rate (21.24% p.a.)
Balance transfer limit	95% of available limit
Purchase rate p.a.	20.24%
Annual fee	$425
Interest-free period	Up to 55 days on purchases
Cash advance rate	21.24% p.a.
Min credit limit	$15,000
Card type	Visa
Foreign currency conversion fee	3%

Available to temporary residents	Yes - Conditions apply
Joint application	No

Pros

Up to 130,000 bonus Qantas Points and $255 back
Complimentary insurance covers, including international travel insurance, purchase protection insurance and extended warranty insurance
2 complimentary Qantas Club Lounge invitations per year
Cashback offers when you shop through Cashrewards Max

Cons

You need to keep the card over 12 months to collect all the bonus points offered
The standard annual fee of $425 is high
When you spend over $7,500 per statement period, the earn rate drops from 1 point/$1 spent to 0.5 points/$1 spent

Rewards program	Qantas Frequent Flyer
Bonus points	130,000
Rewards points per $ spent	1

Annual fee	$425
Minimum monthly repayment	2% of the closing balance or $25, whichever is greater
Late payment fee	$20
Foreign currency conversion fee	3%
Cash advance fee	3%
Overseas cash advance fee	3% of transaction amount or $4 (whichever is greater)
Overseas ATM withdrawal fee	$5
Additional cardholder fee	$65
Number of additional cardholders	9

Review by

Amy Bradney-George

amy.bradney-george@finder.com

Amy has been writing about personal finance for more than 13 years – including over 700 articles as a senior writer for Finder. She is also the editorial lead for Finder Green, covering sustainability across different industries. Her work has appeared in publications including Money Magazine, The Sydney Morning Herald, Financy, ABC News Australia and Equity Magazine. Amy also has a Bachelor of Arts in Journalism and Drama from Griffith University.

Expert review

The ANZ Frequent Flyer Black credit card has one of the highest bonus Qantas Points offers currently on the market. To give you an idea of the value of these points, you could get a return economy flight from Sydney to London (from 110,400 Qantas Points) or a return business class flight from Melbourne to Fiji (114,000 Qantas Points). When it comes time to travel, the Qantas Club lounge passes and complimentary travel insurance will come in handy.

When you meet the same spend requirement for the bonus points, you'll also get $255 back onto your card, helping to offset the $425 annual fee. However, unlike the annual fee, the cashback is a one-time offer.

These benefits come at the cost of the high annual fee and interest rate. This means it's best suited to those who will take full advantage of the Qantas Points and travel perks, and who will pay off their balance in full every month.

How to apply

You can apply for the ANZ Frequent Flyer Black card in around 5 minutes and expect a response within 60 seconds. Before you apply, check if you meet the eligibility criteria and have the necessary details to complete the application.

Eligibility criteria

New cardholder. The bonus points and cashback offer is only available to new ANZ Frequent Flyer customers who haven't opened or closed another ANZ Frequent Flyer account within the previous 12 months.
Residency requirement. Citizens and permanent residents of Australia are eligible to apply. If you are a non-Australian permanent resident, you must have an eligible working or business visa with at least 9 months remaining.

Age. You must be 18 years or older.
Credit rating. To apply for this black-tier product, you must have a good credit rating. You can get your credit score and comprehensive credit report for free through Finder.

Required documents

Personal details. Your complete name, residential address, phone number and email address as well as your marital status and number of dependents.
Proof of identification. Such as your Australian driver's licence or foreign tax number if you're a tax resident in another country.
Finances. This includes your income, expenses, assets and liabilities. You'll need to prove your income with two recent payslips.
Employment. Confirm your employment and provide your employer's contact details. If you're self-employed, you can include your accountant's details.
QFF number. Include your Qantas Frequent Flyer membership number so your points can be debited to your account. If you are not yet a Qantas Frequent Flyer member, you can join for free during the application.

Card benefits

$255 back. You'll get $255 back to your new ANZ Frequent Flyer Black card when you apply, are approved and spend $3,000 on eligible purchases within the first 3 months.
Bonus Qantas Points. Apply for a new ANZ Frequent Flyer Black card, get approved and spend $3,000 on eligible purchases within the first 3 months from approval to earn a bonus 100,000 Qantas Points. The bonus points will be credited to your Qantas Frequent Flyer account within 3 months of meeting the spend requirement. The remaining 30,000 bonus points will be added to your account if you keep it open for over 12 months. This means you need to pay the annual fee for the second year to collect these points.

Earn Qantas Points as you spend. Collect 1 Qantas Point per $1 spent on eligible purchases up to $7,500 per statement period, then 0.5 Qantas Points per $1 spent on eligible purchases above $7,500 per statement period, uncapped. You can also earn 1 additional point per $1 spent on selected Qantas products and services.
Qantas Club Lounge invitations and benefits. Relax in luxury pre-flight with two complimentary Qantas Club Lounge invitations every year you have this card. Plus, if you use your ANZ Frequent Flyer Black card to pay for your Qantas Club membership (separate from your Qantas Frequent Flyer membership), you can save up to $256 in the first year.
Cashrewards Max. This complimentary program gives you a way to earn cashback when you shop with over 1,700 brands including Apple, THE ICONIC, Uniqlo and Uber Eats. To get started, create a free Cashrewards account, then link your ANZ credit card to unlock the Cashrewards Max benefits. This includes bigger cashback offers and exclusive deals, such as $20 back when you spend $20 or more through Cashrewards within 7 days of signing up. Once you’re a member, you’ll get cashback when you shop in-store or online with participating brands. The cashback is added to your Cashrewards account and you can transfer it to your bank account or PayPal once you’ve collected at least $10.01 cashback. Learn more about this ANZ Cashrewards partnership that launched in 2021.
Complimentary insurance covers. The ANZ Frequent Flyer Black credit card gives you access to travel and shopping insurance covers, including international travel insurance, domestic travel insurance, rental vehicle excess in Australia insurance, purchase protection insurance and extended warranty insurance. The eligibility criteria include making eligible spend with your ANZ Frequent Flyer Black credit card.
Concierge service. You can contact your personal concierge service 24 hours a day to help you with anything from hotel accommodation, travel recommendations or organising a gift for a loved one.
Mobile payment technology. Apple Pay, Google Pay and Samsung Pay let you use your Apple, Android or Samsung device to tap and pay with your eligible ANZ credit card. You can also pay with your eligible fitness tracker thanks to Fitbit Pay and Garmin Pay.
ANZ Exclusives. ANZ black cardholders get access to invitation-only lifestyle, dining and entertainment experiences. Past events have included dinners, weekends away, sporting events and wine tastings.
Visa features. Access exclusive travel, entertainment and leisure offers through Visa Offers + Perks.

Rates & fees

Annual fee. This card charges a standard annual fee of $425, of which $370 is an annual account fee and $55 goes towards a rewards program services fee.
Interest rates. The ANZ Frequent Flyer Black charges a variable purchase rate of 20.24% p.a. and a variable cash advance rate of 21.24% p.a.

Interest-free days. You can make use of up to 55 interest-free days on purchases, provided you pay the account's closing balance in full by the due date on each statement.
Overseas transaction fee. A fee of 3% of the total transaction amount applies to overseas purchases. This fee may also apply for online transactions made with an international retailer online (or processed overseas).
Additional cardholders. You can request up to 9 additional cards linked to your primary account. Each additional card charges a $65 annual fee.

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479 Comments

Mick
October 12, 2019

Hi, I already have 2 anz business one rewards cards. Can I apply for this for personal? So I can spend my monthly living costs on this and accumulate points like I do in business.

Reply
- Nikki
  October 12, 2019
  
  Hi Nick,
  
  Thanks for your comment. I hope you are doing well!
  
  As it says on the ANZ Frequent Flyer Black Credit Card Terms and Conditions, this offer is not available where you currently hold an ANZ Frequent Flyer, ANZ Frequent Flyer Gold, ANZ Frequent Flyer Platinum, or ANZ Frequent Flyer Black credit card, or have closed, or qualified for bonus Qantas Points or a credit back on, any of those ANZ Frequent Flyer credit cards within the previous 12 months.
  
  You may continue to search for other frequent flyer credit cards with bonus points. You will find a table that compares the features and benefits of each credit card bonus point, frequent flyer program, points per spend, annual fees, and interest rates. This way it will be easier for you to see which provider fits you best. If you need further help, a quick guide on how to compare frequent flyer credit cards is also stated on the page.
  
  As a friendly reminder, carefully review the eligibility criteria of the loan before applying to increase your chances of approval. Read up on the terms and conditions and product disclosure statement and contact the bank should you need any clarifications about the policy. When you are ready, press the ‘Go to site’ button to apply.
  
  Hope this helps and feel free to reach out to us again for further assistance.
  
  With care,
  Nikki
  
  Reply
Brooke
August 28, 2019

Hi there,
I am currently an ANZ card holder which I have had for a number of years. Can I apply for this card?

Reply
- finder Customer Care
  
  Jeni
  August 28, 2019
  
  Hi Brooke,
  
  Thank you for getting in touch with Finder.
  
  I’m afraid that you may not be eligible to get an ANZ Frequent Flyer Black credit card if you currently hold an ANZ Frequent Flyer, ANZ Frequent Flyer Gold, ANZ Frequent Flyer Platinum or ANZ Frequent Flyer Black credit card. I suggest that you contact ANZ directly to verify if you may apply for this card given that you have an existing ANZ credit card.
  
  I hope this helps.
  
  Thank you and have a wonderful day!
  
  Cheers,
  Jeni
  
  Reply
Ian
July 26, 2019

What is the Best Business Credit Card for Qantas FF Points – excluding AMEX both in terms of Application Bonus Points & Points per Dollar Spend?

Thanks!

Reply
- finder Customer Care
  
  Jeni
  July 27, 2019
  
  Hi Ian,
  
  Thank you for getting in touch with Finder.
  
  You may start comparing business credit cards earning frequent flyer points. You may compare by looking at their fees, terms, and rates. As of this writing, NAB allows you to earn Qantas FF and would let you earn up to 100,000 bonus Qantas Points when you meet the spend requirement.
  
  You can also check our list of credit cards earning Qantas frequent flyer points.
  
  Once you’ve chosen a provider, you may click the “Go to Site” button to be redirected to their official page where you can check more details or start your application. Please make sure though to read the eligibility criteria, features, and details of the card, as well as the relevant PDS/ T&Cs of the card before making a decision and consider whether the product is right for you.
  
  I hope this helps.
  
  Thank you and have a wonderful day!
  
  Cheers,
  Jeni
  
  Reply
Marv
July 11, 2019

What are the $4000 eligible purchases to qualify for the points?
The $200 back is unconditional?

Reply
- Nikki
  July 12, 2019
  
  Hi Marv,
  
  Thanks for your question.
  
  Eligible purchase means purchases which are eligible to earn Points. Purchases which are not eligible to earn Points are fees, cash, cash equivalent transactions, balance transfers, and transactions for gambling or gaming purposes. This is described in the ANZ Frequent Flyer Reward Terms and Conditions.
  
  Regarding the Cashback offer. You’ll get $200 back to your new ANZ Frequent Flyer Black card when you spend $4,000 on eligible purchases within the first 3 months.
  
  As a friendly reminder, review the eligibility requirements before proceeding with your application. Also, read about it’s features and benefits and see how it fits your financial needs. Additionally, it’s helpful to review the PDS and Terms & Conditions of the card before fully committing to the card. You may also reach out to the bank if you have any clarifications.
  
  Hope this has helped!
  
  Best,
  Nikki
  
  Reply
kate
May 27, 2019

if i closed my anz account just over 12 months ago after i received the bonus frequent flyer points can i apply for it again and still receive the points?

Reply
- Nikki
  May 28, 2019
  
  Hi Kate,
  
  Thanks for getting in touch! I’m happy to hear your very interested in this ANZ card.
  
  This offer is available to new and approved applicants who apply for an ANZ Frequent Flyer Black credit card account. Not available where you currently hold an ANZ Frequent Flyer, ANZ Frequent Flyer Gold, ANZ Frequent Flyer Platinum or ANZ Frequent Flyer Black credit card, or have closed, or qualified for bonus Qantas Points or a credit back on, any of those ANZ Frequent Flyer credit cards within the previous 12 months.
  
  Hope this helps!
  
  Cheers,
  Nikki
  
  Reply

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