ANZ Frequent Flyer Black – Rates and Fees

Information verified correct on December 10th, 2016
ANZ Frequent Flyer Black Find out more Go to site

Don't worry, by clicking "Go to site" this won't leave a mark on your credit file. An enquiry will only appear on your file once you have submitted a credit card application.

What happens when I click Go to site?
  • Clicking Go to site will take you to your Online Application on the bank's website. You do not need to be an existing customer of this bank to apply.
  • Your application will typically take you no more than 10-15 minutes to complete
  • Once approved, you will typically receive your credit card within 1-2 weeks
Click here to start your application >>

Pay no annual fee in the first year and receive 75,000 bonus Qantas Points on sign up when you meet the minimum spend requirements.

The ANZ Frequent Flyer Black comes linked to the Qantas Frequent Flyer Program, giving cardholders the ability to earn Qantas points as they spend. Plus, new cardholders can bolster their Qantas Points balance with 75,000 bonus points after spending at least $2,500 within three months of card approval.

Cardholders can also take advantage of a number of travel benefits, including complimentary insurance cover and round-the-clock concierge services.

Product NameANZ Frequent Flyer Black
Rewards ProgramQantas Frequent Flyer
Purchase rate (p.a.)19.99% p.a.
Annual fee$0 p.a. annual fee for the first year ($425 p.a. thereafter)
Interest Free Period
The interest-free period on purchases is the period or number of days you do not have to pay interest on your card purchases. You will be charged interest either from the day you make a purchase or from the statement date, unless you pay the closing balance in full by the due date (or within the interest-free period) on your statement.
Up to 55 days on purchases
Cash advance rate (p.a.)21.49% p.a.
Min credit limit
This is the lowest credit card limit that you can request. It is possible to apply for a higher credit card limit but not a lower one than this figure.
$15,000
Minimum Income$75,000
Card TypeAmerican Express/Visa
Late Payment Fee$20
Foreign Currency Conversion Fee (VISA)
Foreign currency conversion fees are charged when you make a transaction that is converted by a credit card network, such as MasterCard, Visa or American Express, from Australian dollars to a foreign currency. You’ll also incur a currency conversion fee if you make a purchase or obtain a cash advance in Australian dollars while overseas or shopping online with a foreign merchant or financial institution.
3% of transaction value
Foreign Currency Conversion Fee (MC)
Foreign currency conversion fees are charged when you make a transaction that is converted by a credit card network, such as MasterCard, Visa or American Express, from Australian dollars to a foreign currency. You’ll also incur a currency conversion fee if you make a purchase or obtain a cash advance in Australian dollars while overseas or shopping online with a foreign merchant or financial institution.
3% of transaction value
Foreign Currency Conversion Fee (AMEX)
Foreign currency conversion fees are charged when you make a transaction that is converted by a credit card network, such as MasterCard, Visa or American Express, from Australian dollars to a foreign currency. You’ll also incur a currency conversion fee if you make a purchase or obtain a cash advance in Australian dollars while overseas or shopping online with a foreign merchant or financial institution.
3% of transaction value
Complimentary Travel InsuranceYes
Complimentary Travel Insurance Cover6 months
Available To Temporary ResidentsNo
Joint ApplicationNo
Minimum Income$75,000
Minimum Age18 years of age
Available to Temporary ResidentsNo
Credit Rating Requirement
Credit rating requirement is provided only as a guide. Understanding your credit file helps you make more informed decisions in regards to your finances. Learn more about what this means here.
Good
Min Credit Limit
This is the lowest credit card limit that you can request. It is possible to apply for a higher credit card limit but not a lower one than this figure.
$15,000
Annual Fee$0 p.a. annual fee for the first year ($425 p.a. thereafter)
Late Payment Fee$20
Over Limit Fee$20
Cash Advance Fee$0
Overseas Cash Advance Fee$4
Overseas ATM Withdrawal Fee$5
Foreign Currency Conversion Fee (VISA)
Foreign currency conversion fees are charged when you make a transaction that is converted by a credit card network, such as MasterCard, Visa or American Express, from Australian dollars to a foreign currency. You’ll also incur a currency conversion fee if you make a purchase or obtain a cash advance in Australian dollars while overseas or shopping online with a foreign merchant or financial institution.
3% of transaction value
Foreign Currency Conversion Fee (MC)
Foreign currency conversion fees are charged when you make a transaction that is converted by a credit card network, such as MasterCard, Visa or American Express, from Australian dollars to a foreign currency. You’ll also incur a currency conversion fee if you make a purchase or obtain a cash advance in Australian dollars while overseas or shopping online with a foreign merchant or financial institution.
3% of transaction value
Foreign Currency Conversion Fee (AMEX)
Foreign currency conversion fees are charged when you make a transaction that is converted by a credit card network, such as MasterCard, Visa or American Express, from Australian dollars to a foreign currency. You’ll also incur a currency conversion fee if you make a purchase or obtain a cash advance in Australian dollars while overseas or shopping online with a foreign merchant or financial institution.
3% of transaction value
Gambling Transactions AllowedYes
Gambling Transactions Interest RateCash Advance Rate
Additional Cardholder Fee$65 p.a.
Number of Additional Cardholders9
BPAYYes
ChequeYes
Direct DebitYes
Australia PostNo
Phone BankingYes
Internet Banking TransfersYes
In BranchYes
MailYes

Pros

  • Receive 75,000 bonus Qantas Points when you spend $2,500 on eligible purchases within the first 3 months of card approval.
  • Pay no annual fee for the first year.
  • This card comes with uncapped Qantas Points earning potential – 1.5 Qantas Points per $1 spent on eligible purchases on your ANZ Frequent Flyer Black American Express card and 0.75 Qantas Points per $1 spent on eligible purchases on your ANZ Frequent Flyer Black Visa card.
  • Benefit from two complimentary Qantas Club Lounge invitations every year.
  • Enjoy up to 55 interest-free days on purchases when you pay the account’s closing balance in full each month.
  • Benefit from two complimentary Qantas Club Lounge invitations every year.
  • Enjoy up to 55 interest-free days on purchases when you pay the account’s closing balance in full each month.

Cons

  • This card comes with a high revert annual fee of $425.
  • You need to earn a minimum income of $75,000 p.a. to be able to apply for this card.
  • Promotional rates on purchases and balance transfers are not available on this card.
Rewards ProgramQantas Frequent Flyer
Bonus Points on Sign-up75,000
Rewards Points per $ (VISA/MC)0.75
Rewards Points per $ (AMEX)1.5
Rewards Points per $ (VISA/MC) CapUncapped
Rewards Points per $ (AMEX) CapUncapped
Points ExpiryNever

ANZ Frequent Flyer Black Card review

The ANZ Frequent Flyer Black Credit Card is suited to regular globetrotters who are looking to earn rewards as they spend. This credit card is ANZ’s top tier frequent flyer offering, giving cardholders the ability to earn Qantas points faster. Frequent flyer perks also come in the form of complimentary Qantas Club lounge invitations, complimentary overseas airport lounge access, a Qantas Club membership special offer, and more.

Cardholders can make use of different complimentary travel and purchase insurance covers, and a 24/7 concierge service can assist them in more ways than one. The minimum credit limit of this card is $15,000, and ANZ requires that you earn at least $75,000 p.a. to qualify.

Benefits of using an ANZ Frequent Flyer Black Credit Card

In return for the annual fee that you have to pay for as long as you use this card, you can expect the following benefits:

  • Bonus points. If you're a new cardholder, you can earn 75,000 bonus points when you spend at least $2,500 on eligible purchases within three months of card approval.
  • No annual fee in the first year. This card features a $0 annual fee offer in the first year. A standard annual fee of $425, which includes a $370 annual account fee and a $55 Rewards Program services fee, will apply thereafter.
  • Earn Qantas points as you spend. If you opt for the ANZ Frequent Flyer Black American Express card you earn 1.5 Qantas points for every dollar spent. If you get the ANZ Frequent Flyer Visa Black Card, every dollar you spend earn 0.75 Qantas points. There is no cap on the maximum number of points you can earn, and your points don’t expire as long as the account remains in good standing.
  • Qantas Club benefits. You can look forward to 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 Qantas Club membership, you can save up to $475 in the first year.
  • Veloce airport lounge access. This card offers unlimited complimentary access to airport lounges around the world through the through Veloce Lounges. Simply present your ANZ Frequent Flyer Black Card and a valid flight boarding pass in your name at the participating lounge to gain access. Guests travelling with you may also be provided access at the operator's discretion, although additional fees may apply.
  • Complimentary insurance covers. The best price guarantee scheme, 90-day purchase security insurance, and extended warranty will cover the purchases you make with the card. When you use your card to make travel bookings, you can make use of transport accident cover, interstate flight inconvenience insurance, overseas travel and medical insurance, and rental excess cover.
  • Mobile payment technology. Apple Pay, Android Pay and ANZ Mobile Pay let you use your Apple or Android device to tap and pay with your eligible ANZ credit card.

ANZ Frequent Flyer Black features

If you’re considering applying for the ANZ Frequent Flyer Black Card, take some time to find out just what it offers:

  • Annual fee. This card has an annual fee of $425 of which $370 is an annual account fee and $55 goes towards a rewards program services fee.
  • Visa or American Express. Choose between Visa and American Express variants. While the Visa card finds increased acceptance around the world, the American Express card gives you the ability to earn rewards at a higher rate.
  • 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 each month.
  • Card security. This microchip enabled card provides more protection against fraud when compared to cards that rely on magnetic strips. ANZ Falcon is in place to monitor your account for suspicious transactions 24/7.
  • Contactless payments. No matter whether you use the Visa or American Express Black card, you can make contactless payments for purchases less than $100.

How to apply for the ANZ Frequent Flyer Black Card

You can apply for the ANZ Frequent Flyer card by visiting any ANZ branch, you can initiate the process over the phone, or you can submit an online application. But before you apply, make sure that you meet the following eligibility criteria:

Eligibility criteria

  • Age. You’re over 18 years of age.
  • Residential status. You’re an Australian citizen, a permanent Australian resident or a temporary resident holding a 457 working visa and have at least nine months remaining from the date of application.
  • Minimum income. Earn a taxable income of more than $75,000 p.a.
  • Credit history. You have good creditworthiness.

Required documents

Before you begin with the application make sure you have the following handy so you don’t end up submitting an incomplete application:

  • Your complete name, residential address, phone number, and email address
  • Your marital status and number of dependents
  • Your Australian driver’s license number, if you have one
  • Your employer’s name and contact details
  • Details about your income, assets, expenses, and liabilities

If you’re someone who travels from time to time, applying for the ANZ Frequent Flyer Black Card makes sense, given its range of travel benefits and complimentary insurance covers. As a result, consider your options well and compare a few cards before you make a decision.

Frequently asked questions

How quickly can I complete the application?

With all the information close at hand when you begin, you should be able to complete the application in around five minutes. You can expect a response within 60 seconds.

Can I get an additional card?

Yes, you can get up to 9 additional cards linked to your primary card, but you would have to pay an additional card fee for each, which includes $65 as additional card fees and $55 as rewards program services fees.

What can the concierge service help me with?

You can turn to this service for help in various matters like finding restaurants and making reservations, making travel arrangements, sending gifts, and arranging business meetings.

What is considered an eligible purchase?

Points are awarded for eligible purchases only. Eligible purchases do not include a number of transactions, like cash withdrawals from an ATM, paying some bills and paying credit card and government fees and charges. Refer to the terms and conditions for a full list of transactions that ineligible to earn Qantas Points.

I'm making an overseas transaction, what are the charges?

  • When using an ANZ Visa, ANZ MasterCard or ANZ PAYCARD, ANZ will charge 3% of the value of any foreign or Australian currency transaction charged to ANZ Visa, ANZ MasterCard or ANZ Visa PAYCARD credit card where the merchant or financial institution accepting the card is located outside of Australia. For an overseas ATM transaction the Overseas Transaction Fee is calculated on the value of the transaction and any ATM operator fee that you accept when you proceed with the transaction at the ATM.
  • For any ANZ American Express credit card, American Express will charge 1.5% of the value of any foreign or Australian currency transaction charged to your ANZ American Express credit card where the merchant or financial institution accepting the card is located outside of Australia.
    ANZ will also charge 1.5% of the value of any foreign or Australian currency transaction charged to your ANZ American Express credit card where the merchant or financial institution accepting the card is located outside of Australia. Important: Please note that the ANZ and American Express Overseas Transaction fees will be combined for each transaction and displayed as one fee on the statement. A charge that is made in a foreign currency other than US Dollars will, when the conversion is done by American Express, be converted into US Dollars before being converted into your billing currency.
Back to top
Was this content helpful to you? No  Yes

Ask a Question

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

Disclaimer: At finder.com.au we provide factual information and general advice. Before you make any decision about a product read the Product Disclosure Statement and consider your own circumstances to decide whether it is appropriate for you.
Rates and fees mentioned in comments are correct at the time of publication.
By submitting this question you agree to the finder.com.au privacy policy, receive follow up emails related to finder.com.au and to create a user account where further replies to your questions will be sent.

333 Responses to ANZ Frequent Flyer Black – Rates and Fees

  1. Default Gravatar
    Bryan | December 8, 2016

    Hello I fall below the min income as we are a small business but our combined income is well over
    Will look at two cards one for myself & one for wife
    Can we still quaify

    • Staff
      Anndy | December 8, 2016

      Hi Bryan,

      Thanks for your question.

      Unfortunately, when you apply for ANZ Frequent Flyer Black, the bank will look at your individual income, not as a combined income. Also, this credit card is not available for joint application.

      You may want to check out credit cards with low-income requirements here

      If you are looking for a frequent flyer credit card, other options are listed on this page.

      Cheers,
      Anndy

  2. Default Gravatar
    Tim | December 1, 2016

    Hi,
    I had one of these cards 6 months ago. If I apply for a new one will i get the 75000 bonus points?

    • Staff
      Anndy | December 1, 2016

      Hi Tim,

      Thanks for your question.

      The bonus points and no-annual fee offer of ANZ Frequent Flyer Black is available only to new and approved applicants. You are not eligible to receive this offer if you currently hold or have closed an ANZ Frequent Flyer, ANZ Frequent Flyer Gold, ANZ Frequent Flyer Platinum or ANZ Frequent Flyer Black credit card within the previous twelve months.

      Cheers,
      Anndy

  3. Default Gravatar
    Leanne | November 30, 2016

    Please confirm there is not annual fee for the first year and I shoulf I find this card is not suitable for me, then I can cancel it with no problems?
    One of the questions already asked, was confirmed the annual fee is charged on activation of the accepted application.

    • Staff
      Anndy | November 30, 2016

      Hi Leanne,

      Thanks for your question.

      Yes, the ANZ Frequent Flyer Black credit card does not charge annual fee on the first year.

      Regarding card cancellation, you can do it anytime as long as you have settled any outstanding balance in your account. For more information on how to cancel a credit card, we have a guide on this page.

      Please note though that if you cancel your card after paying the annual fee on the second year, you may not be able to have it refunded.

      Cheers,
      Anndy

  4. Default Gravatar
    MT | October 23, 2016

    Can I upgrade from an existing ANZ Credit Card to an ANZ Frequent Flyer Black Card?

    • Staff
      Jason | October 26, 2016

      Hi MT.

      Thank you for your inquiry.

      You may need to check first with ANZ if your credit card contract will allow you to upgrade your existing ANZ card to an ANZ Frequent Flyer Black Card. Please note that you will not be eligible to get the 75,000 bonus Qantas points since that offer is only applicable to new cardholders.

      Cheers,
      Jason

  5. Default Gravatar
    Cara | October 23, 2016

    Apologies if this question has already been asked below but I’m struggling to find information concerning what an “eligible purchase” actually is. If there’s no limit in terms of minimum spend to receive the frequent flyers can I make literally any retail purchase of any amount to receive the frequent flyer points within three months?

    Also if I feel like this card isn’t worthwhile say in six months and decide to cancel will I be liable for the full amount of the $425 annual fee (or will it be half or some other portion of the fee)? Will I lose the bonus points and any other points I’ve been credited if I cancel?

    Thanks!

    • Staff
      Anndy | October 27, 2016

      Hi Cara,

      Thanks for your question.

      Yes, eligible purchases are any retail purchase for goods and services but excluding those transactions directly mentioned in the terms and conditions of this card such as payment for fees or interest charges, balance transfers, cash advances, purchases of traveler’s checks, purchases or reloading of prepaid cards, or purchases of other cash equivalents. Payment for premiums paid for ANZ Credit Card Insurance and transactions for gambling or gaming purposes are also not considered eligible purchases.

      For the annual fee, it is charged upon account activation and is payable by the first statement date. So if you cancel your card, say after 6 months, the annual fee you already paid may not be refunded to you.

      If you cancel your new ANZ Frequent Flyer Black credit card account before the bonus Qantas Points are processed to your account, you may no longer be able to receive the bonus Qantas Points. However, the points you already accumulated in your Qantas Frequent Flyer account will remain in your account even after canceling your credit card.

      I hope this helps.

      Cheers,
      Anndy

  6. Default Gravatar
    RainMan | October 10, 2016

    Could you please give the link which has examples of eligible purchases? Is getting a cup of coffee and a muffin an eligible purchase?

    • Staff
      May | October 11, 2016

      Hi RainMan,

      Thanks for your question. You’ve come through to finder.com.au we are an Australian financial comparison website, not actually ANZ.

      For the ANZ Frequent Flyer Black, the eligible purchases do not include fees, cash, cash equivalent transactions, balance transfers, premiums paid for ANZ Credit Card Insurance and transactions for gambling or gaming purposes. So using your card in the coffee shop will be most likely considered as an eligible purchase.

      Cheers,
      May

      Cheers,
      May

  7. Default Gravatar
    graeme | October 6, 2016

    Will I receive frequent flyer points if I use my ANZ black credit card to make fortnightly instalments on my mortgage?

    • Staff
      May | October 6, 2016

      Hi Graeme,

      Thank you for your question.

      If your lender is a partner of Qantas, then yes you can get points every time you pay your mortgage, otherwise, you won’t be able to earn Qantas frequent flyer points using your ANZ Frequent Flyer Black. Please refer to the link I sent to your email for the list of partners of Qantas.

      Cheers,
      May

  8. Default Gravatar
    Mike | October 2, 2016

    My wife and I travel internationally together, I will be the card holder and my wife the additional card holder. When using the complimentary Qantas Club lounge invitation is this classed as one joint invitation for both of us and would we qualify for a further invitation for both of us if we travel together in the same year.

    • Staff
      May | October 6, 2016

      Hi Mike,

      Thank you for your question.

      Unfortunately, the complimentary Qantas Club lounge invitation is for the primary cardholder only. As stated in the fine prints on ANZ website: “Each Invitation is valid for a single visit for one person only before the expiry date when travelling on a Qantas or Jetstar flight with a QF or JQ flight number.”

      Cheers,
      May

  9. Default Gravatar
    Peter | September 27, 2016

    Hi….how much is minimum spend amount within the first 3 months? I cannot find this information?

    • Staff
      May | September 28, 2016

      Hi Peter,

      Thank you for your question.

      There is actually no specific amount that you should spend on your ANZ Frequent Flyer Black. So after your first eligible purchase (of any amount) using this card from approval, you will become eligible to receive the 75,000 bonus Qantas points. The bonus Qantas Points will be credited to your ANZ account within three months of the eligible spend criteria being met.

      Cheers,
      May

  10. Default Gravatar
    Dave | September 8, 2016

    Hi if I have a ANZ Visa Platinum Cr Card 5 months old without any rewards registered or linked to this card as this card doesn’t have any reward programme. Am I still be eligible for ANZ Frequent Flyer Black and Qantas points and $75,000 income should be gross or taxed? Thanks

    • Staff
      Debbie | September 20, 2016

      Hi Dave,

      Thanks for your inquiry.

      Unfortunately, the bonus points are only available to new ANZ customers and have not own any ANZ credit card within 12 months. Since you are a new ANZ Platinum cardholder, you may not be eligible for this offer. You may wish to check other frequent flyer credit cards with rewards offer available in the market. Also to confirm, the income required is a taxable $75,000.

      I hope this helps.

      Cheers,
      Debbie

Credit Cards Comparison

Rates last updated December 10th, 2016
Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
Enjoy a 0% p.a. balance transfer offer for 18 months and also earn 2 bonus Velocity Points in the first 3 months on everyday spend.
20.74% p.a. 0% p.a. for 18 months $64 p.a. annual fee for the first year ($129 p.a. thereafter) Go to site More info
ME Bank frank Credit Card
Enjoy a low and consistent interest rate on purchases and cash advances, combined with no annual fee.
11.99% p.a. $0 p.a. Go to site More info
HSBC Platinum Credit Card
Receive a full annual fee refund and save $149 if you meet the $6,000 spend requirement. Enjoy a balance transfer offer and platinum card benefits such as complimentary insurances and concierge services.
19.99% p.a. 0% p.a. for 15 months $149 p.a. Go to site More info
NAB Low Rate Credit Card
The NAB Low Rate Card offers 0% p.a. on purchases and balance transfers for 15 months. This card also comes with a low annual fee.
0% p.a. for 15 months (reverts to 13.99% p.a.) 0% p.a. for 15 months with a one off 3% balance transfer fee $59 p.a. Go to site More info
HSBC Platinum Qantas Credit Card
Receive 60,000 bonus Qantas Points on eligible spend within 3 months. Enjoy access to premium benefits and complimentary insurance.
19.99% p.a. $199 p.a. Go to site More info

* The credit card offers compared on this page are chosen from a range of credit cards finder.com.au has access to track details from and is not representative of all the products available in the market. Products are displayed in no particular order or ranking. The use of terms 'Best' and 'Top' are not product ratings and are subject to our disclaimer. You should consider seeking independent financial advice and consider your own personal financial circumstances when comparing cards.

Ask a question
feedback