ANZ Frequent Flyer Black
- Receive 75,000 bonus Qantas Points
Eligibility criteria, terms and conditions, fees and charges apply
Enjoy a bonus 75,000 Qantas Points on sign up when you meet the minimum spend requirements and save with a $0 annual fee in the first year.
The ANZ Frequent Flyer Black offers premium travel benefits including Qantas Points per $1 spent on eligible purchases, complimentary travel insurance and airport lounge access. If you’re a new cardholder, you can collect a bonus 75,000 Qantas Points by spending at least $2,500 within 3 months of card approval.
| Product Name | ANZ Frequent Flyer Black |
|---|---|
| Rewards Program | Qantas 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 |
| Card Type | Visa |
| 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 |
| Complimentary Travel Insurance | Yes |
| Minimum Income | $75,000 |
|---|---|
| Minimum Age | 18 years of age |
| Available To Temporary Residents | Yes - Conditions apply |
| Joint Application | No |
| Annual fee | $0 p.a. annual fee for the first year ($425 p.a. thereafter) |
|---|---|
| Minimum Monthly Repayment | 2% of the closing balance or $25, whichever is greater |
| Late Payment Fee | $20 |
| Cash Advance Fee | 2% of the transaction amount or $4.00 (whichever is greater) |
| Overseas Cash Advance Fee | 2% of the transaction amount or $4.00 (whichever is greater) |
| Overseas ATM Withdrawal Fee | $5 |
| Foreign Currency Conversion Fee 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% |
| Gambling Transactions Allowed | Yes |
| Additional Cardholder Fee | $65 |
| Number of Additional Cardholders | 9 |
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.
- Earn up to 1.000 Qantas Point per $1 spent on eligible purchases.
- 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 Program | Qantas Frequent Flyer |
|---|---|
| Bonus Points | 75,000 bonus points |
| Rewards Points per $ spent (VISA/MC) | 1 |
| Rewards Points per $ (VISA/MC) Cap | Uncapped |
Review of the ANZ Frequent Flyer Black Card
The ANZ Frequent Flyer Black is a top-tier credit card designed to suit globetrotters and big spenders who want to earn more Qantas Points. It offers between 0.5 and 1 Qantas Point per $1 spent on eligible purchases, complimentary Qantas Club lounge invitations and a special Qantas Club membership offer.
Other benefits include complimentary insurance, airport lounge access through Véloce Lounges, a 24/7 concierge service and invitation-only events through the Exclusives by ANZ program. In terms of costs, it has a standard annual fee of $425 (includes a $370 annual account fee and a $55 Rewards Program services fee) and a purchase rate of 19.99% p.a. (variable).
Benefits of the ANZ Frequent Flyer Black
- Bonus Qantas Points. Apply for the ANZ Frequent Flyer Black and spend at least $2,500 on eligible purchases within 3 months of card approval to earn a bonus 75,000 Qantas Points as a new cardholder.
- No annual fee in the first year. As a new cardholder, you'll enjoy a $0 annual fee offer in the first year. After that, a standard annual fee of $425 applies. This fee includes a $370 annual account fee and a $55 Rewards Program services fee.
- 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.
- 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.
- Véloce airport lounge access. This card offers unlimited complimentary access to airport lounges around the world through the Véloce Lounges service. Simply present your ANZ Frequent Flyer Black Card and a valid 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. When you use your card to make travel bookings, you can get transport accident cover, interstate flight inconvenience insurance, overseas travel and medical insurance and rental excess cover. This card also offers cover for purchases made with your card, offering 90-day purchase security insurance, extended warranty coverage and a best price guarantee scheme.
- 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.
Features of the ANZ Frequent Flyer Black
Check these details out before you get started with your application for the ANZ Frequent Flyer Black.
- Annual fee. This card has 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 has a standard variable purchase rate of 19.99% p.a. and a standard variable cash advance rate of 21.49% 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 worth 3% of the total transaction amount applies for overseas purchases. This fee may also apply for online transactions made with an international retailer (or processed overseas).
- Additional cardholders. You can request up to 9 additional cards linked to your primary account. There is an additional card fee of $65 p.a. per card.
- Card security. ANZ Falcon is in place to monitor your account for suspicious transactions 24/7. If you lose money as a result of a fraudulent transaction, you can get covered for it by the ANZ Fraud Money Back Guarantee. This policy is active as long as you have not contributed to the fraud and have reported it immediately.
- Visa features. This card comes with Visa payWave functionality that allows you to “tap-and-go” for purchases under $100. It also gives you access to exclusive offers through the Visa Entertainment and Visa Premium services.
How to apply for the ANZ Frequent Flyer Black Card
Applying for the ANZ Frequent Flyer Black online takes around 5 minutes, and you could get a response within 60 seconds. But before you apply, make sure that you meet the following eligibility criteria:
Eligibility criteria
- Age. You must be over 18 years of age.
- Residential status. You must be an Australian citizen, a permanent Australian resident or a non-Australian permanent resident with more than 9 months remaining on your Visa.
- Minimum income. You must earn a taxable income of more than $75,000 p.a.
- Credit history. You must have an excellent credit rating.
Required documents and information
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
The ANZ Frequent Flyer Black Card offers you extra benefits when you travel and gives you a way to boost your Qantas Frequent Flyer Points balance. As this card is not the only Qantas Frequent Flyer option on the market, make sure you compare a range of other cards so you can apply for one that suits your budget and your needs.
Do you accept income in the form of a trust fund? Some companies allow this if provided a copy of my 2017 tax return. Thank you
Hi Dylan,
Thank you for visiting finder, we are a financial comparison website and general information service.
One of the eligibility requirements for the ANZ Frequent Flyer Black Card states you must earn a taxable income of more than $75,000 p.a. As we do not represent the companies featured on our pages, for this specific question, it would be best that you contact ANZ’s credit card assessment team so they can give you a more details.
Cheers,
Joanne
Please advise how soon after the $2500 spend limit is reached on anz frequent flyer black card that 75000 Qantas bonus points are awarded. Are the points only awarded after three months of membership – despite the fact that the $2500 spend was achieved in the first month? Or are they awarded as soon as the $2500 spend has passed?
Hi Katharine,
Thank you for getting in touch with finder.
Points are typically credited in 2 weeks, but can take up to 8 after the spend criteria is met.
I hope this helps.
Have a great day!
Cheers,
Jeni
Is there any restriction for keeping the card active in terms of time frame?
Can I open it up then cancel it within the 12 months without penalty?
Hi Evan, thanks for your inquiry.
Yes. You can open the card then cancel it before 12 months without penalty.
Best,
Jonathan
what happens if I cancel the ANZ Frequent Flyer Black Card after one year to avoid the annual card fee? Are there any credit cards that offer bonus joining points with VELOCITY/Virgin Airlines?
Hi Barbara, thanks for your inquiry.
You will need to cancel the card before one year in order to avoid the annual fee. You can compare Velocity frequent flyer credit cards here.
Best,
Jonathan
Good morning, can you tell me what qualifies as a new customer? ie, is a current ANZ customer with current ANZ credit cards considered to be a new customer?
Hi Sean,
Thank you for your inquiry.
If you’re after to get the bonus 75,000 Qantas Points offered on this ANZ Frequent Flyer Black, the new applicant must not 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. This offer applies only once per eligible customer. If you’d like to further confirm, contacting ANZ directly would also be great.
Cheers,
May
Hi, are the points only for Qantas flights or is it also usable for other oneworld airlines? Thanks.
Hi Jessica,
Thanks for your question.
You may use Qantas points not only for Qantas flights but also on Jetstar, oneworld alliance or partnered airlines.
For more information on using your Qantas points for flights, you can check our guide here.
Cheers,
Anndy
Hi, I currently hold an ANZ MasterCard which I have had for 7 years. Would I be able to cancel that account and sign up for this one instead?
Hi Alex,
Thank you for your inquiry.
Before you proceed to cancel your current card. You may want to read our guide first for your reference.
I hope this information has helped.
Cheers,
Harold
do payments to the Australian tax office accrue points ?
Hello Don,
Thank you for your inquiry.
As per ANZ Frequent Flyer Reward Terms and Conditions page 9:
(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)
Hope this helps.
Cheers,
Jonathan
Hi there I am confused as to what an eligible purchase is, can you pls advise? If I booked accommodation via wotif or Agoda would I be eligible for the 75,000 bonus points?
Hello Samantha,
If you’re a new cardholder and book accommodation using your card via wotif or Agoda, you can collect a bonus 75,000 Qantas Points by spending at least $2,500 within 3 months of card approval.
Eligible purchases do not include a number of transactions, like cash withdrawals from an ATM, gambling, balance transfers, insurance premiums, paying some bills and paying credit card and government fees and charges. They will not earn you points.
To gain further clarification on specific spends in the future, you may also get in touch with ANZ directly.
Hope this helped.
Cheers,
Gru
Will I be eligible if i’ve held a Westpac Black card in the past 12 months?
Hi Steve,
Thank you for your inquiry.
You are eligible for the bonus points if you have cancelled your card for over 12 months. You may apply for the ANZ Frequent Flyer Black and spend at least $2,500 on eligible purchases within 3 months of card approval to earn a bonus 75,000 Qantas Points as a new cardholder.
I hope this information has helped.
Cheers,
Harold