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ANZ Frequent Flyer Platinum Credit Card

Offers 70,000 bonus Qantas Points, complimentary insurance and a $0 annual fee for the first year, but that goes to $295 from the second year on.

The ANZ Frequent Flyer Platinum earns 0.75 Qantas Points per $1 spent on eligible everyday purchases and 1 additional point per $1 for selected spending with Qantas. It also offers complimentary insurance covers, a personal concierge and mobile payments.

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Bonus points

20.24% p.a.

Purchase rate


Reward points

Per $ spent

$0 p.a.

Annual fee

for the first year ($295 p.a. thereafter)

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Product NameANZ Frequent Flyer Platinum
Rewards programQantas Frequent Flyer
Balance transfer rate p.a.21.24%
Balance transfer revert rateCash Advance Rate (21.24% p.a.)
Balance transfer limit95% of available limit
Purchase rate p.a.20.24%
Annual fee$0 for the first year ($295 thereafter)
Interest-free periodUp to 55 days on purchases
Cash advance rate21.24% p.a.
Min credit limit$6,000
Card typeVisa
Foreign currency conversion fee3%
Available to temporary residentsYes - Conditions apply
Joint applicationNo


  • Receive 70,000 bonus Qantas Points when you spend $2,500 on eligible purchases within the first 3 months.
  • $0 annual fee in the first year
  • Earn 0.75 Qantas Points per $1 on all eligible spending, plus 1 additional point per $1 on select Qantas spending
  • Platinum perks on this card include complimentary international travel insurance and a personal concierge.
  • Cashback offers when you shop through Cashrewards Max


  • The standard annual fee of $295 is relatively high.
  • This coupled with purchase interest rate of 20.24% p.a. makes this an expensive card to use and maintain.
Rewards programQantas Frequent Flyer
Bonus points70,000
Rewards points per $ spent0.75
Annual fee$0 for the first year ($295 thereafter)
Minimum monthly repayment2% of the closing balance or $25, whichever is greater
Late payment fee$20
Foreign currency conversion fee3%
Cash advance fee3%
Overseas cash advance fee3% of transaction amount or $4 (whichever is greater)
Overseas ATM withdrawal fee$5
Additional cardholder fee$65
Number of additional cardholders9

Review by

Amy has been writing about personal finance for more than 13 years – including over 600 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 Platinum gives you a way to earn Qantas Points on your everyday spending. The introductory offer on this card is a standout feature, giving you enough Qantas Points for a one-way economy flight from Sydney to Los Angeles (from 55,200 points) or a return business class flight from Brisbane to Adelaide (55,200 points) – with some points left over for next time.

How to apply

You can apply for the ANZ Frequent Flyer Platinum online in around 5 minutes. Get started by checking that you meet the following eligibility criteria and have all the documents and details you'll need for the application.

Eligibility criteria

  • 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.
  • New cardholder. The bonus points offer is only available for new customers who have not held any ANZ Frequent Flyer credit card products in the last 12 months. This includes the ANZ Frequent Flyer, ANZ Frequent Flyer Platinum and ANZ Frequent Flyer Black accounts.

Card benefits

  • 70,000 bonus Qantas Points offer. You will collect 70,000 bonus points as a new customer when you spend $2,500 in the first 3 months from your card approval date. The bonus points will be added to your Qantas Frequent Flyer account within 3 months of meeting the eligible spend criteria.
  • First-year annual fee waiver. Save with a $0 annual fee for the first year (reverting to $295 p.a. thereafter).

Rates & fees

  • Annual fee. Outside of any promotions, this card charges a standard annual fee of $295, which is made up of a $240 annual account fee and a $55 rewards program services fee.
  • Rates and fees. The ANZ Frequent Flyer Platinum offers cardholders a 20.24% p.a. interest rate on purchases and a 21.24% p.a. interest rate on cash advances.
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