ANZ Frequent Flyer Platinum Credit Card – Rates and Fees

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The ANZ Frequent Flyer Platinum Credit Card offers 65,000 bonus Qantas Points when you meet the spend requirement, free Qantas Frequent Flyer membership and a $0 annual fee for the first year.

The ANZ Frequent Flyer Platinum Visa earns up to 0.75 Qantas Points for every $1 you spend on eligible purchases. If you’re a new cardholder, you can also boost your point balance with 65,000 bonus Qantas Points when you spend at least $2,500 on eligible purchases within the first 3 months from account opening. As well as these rewards, the ANZ Frequent Flyer Platinum provides premium extras including complimentary insurance and a 24/7 concierge service.

Product NameANZ Frequent Flyer Platinum
Rewards ProgramQantas Frequent Flyer
Purchase rate (p.a.)19.99% p.a.
Annual fee$0 p.a. annual fee for the first year ($295 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.
$6,000
Max credit limit
This credit limit may not be issued to you immediately on application. This is the maximum credit limit for this card which must be applied for or offered to you after you are approved and have already opened the account.
$50,000
Minimum Monthly Repayment2% of the closing balance or $25, whichever is greater
Minimum Income$35,000
Card TypeVisa
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
Complimentary Travel InsuranceYes
Available To Temporary ResidentsNo
Joint ApplicationNo
Minimum Income$35,000
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.
$6,000
Max Credit Limit
This credit limit may not be issued to you immediately on application. This is the maximum credit limit for this card which must be applied for or offered to you after you are approved and have already opened the account.
$50,000
Annual Fee$0 p.a. annual fee for the first year ($295 p.a. thereafter)
Minimum Repayment2% of the closing balance or $25, whichever is greater
Late Payment Fee$20
Over Limit Fee$20
Cash Advance FeeThe greater of 2% of the cash advance amount or a minimum of $4.00
Overseas Cash Advance FeeThe greater of 2% of cash advance amount or a minimum of $4.00
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
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
MailNo

Pros

  • Receive 65,000 bonus Qantas Points when you spend $2,500 on eligible purchases for the first three months. Offer available to online applications only.
  • Enjoy a $0 annual fee for the first year.
  • Earn up to 0.75 Qantas Points for every $1 you spend on your ANZ Frequent Flyer Platinum card.
  • This card is rich with platinum benefits and other credit card perks including Apple Pay eligibility for convenient payments plus complimentary International travel and medical insurance.

Cons

  • A high revert annual fee of $295 applies after the first year of using the card.
  • This coupled with purchase rate of interest of 19.99% p.a. makes this an expensive card to use and maintain.
Rewards ProgramQantas Frequent Flyer
Bonus Points on Sign-up65,000
Rewards Points per $ (VISA/MC)0.75
Rewards Points per $ (VISA/MC) Cap2,250
Points ExpiryNever

ANZ Frequent Flyer Platinum Credit Card review

The ANZ Frequent Flyer Platinum Credit Card is a rewards card that earns 0.75 Qantas Points per $1 spent on eligible purchases up to $3,000 per statement period, then 0.5 Qantas Points per $1 spent on eligible purchases above $3,000 per statement period. This card also comes with Visa PayWave contactless technology, access to eDine and the ANZ Wine Club and emergency credit card replacement anywhere in the world.

In terms of costs, the ANZ Frequent Flyer Platinum has a standard annual fee of $295 (waived in year one) and a standard variable purchase rate of 19.99% p.a. It also offers up to 55 interest-free days on purchases when you pay your balance in full by the due date on each statement.

Benefits of ANZ Frequent Flyer Platinum Credit Card

  • 65,000 bonus Qantas Points offer. Get 65,000 bonus Qantas Points when you spend $2,500 on eligible purchases within the first 3 months of card approval. Eligible purchases exclude fees, cash, cash equivalent transactions, balance transfers and premiums paid for ANZ Credit Card Insurance and transactions for gambling or gaming purposes. Offer is available to online applications only.
  • No annual fee for the first year. New cardholders can take advantage of the annual fee waiver for the first year. An annual fee of $295, which includes a $240 annual account fee and a $55 rewards program services fee, will apply thereafter. Offer is available to online applications only.
  • Qantas Frequent Flyer membership offer. If you're approved for an ANZ Frequent Flyer Platinum Credit Card, you'll automatically receive an opportunity to sign up for a Qantas Frequent Flyer membership. ANZ will waive the joining fee with this offer.
  • Complimentary insurances. The ANZ Frequent Flyer Platinum card offers a range of complimentary insurances. You will get purchase protection for items you buy using your card in the case that the item is damaged, stolen, or lost. You can also get price-matching where you’ll get paid back the difference on an item if it goes on sale after you purchase it. There is an extended warranty program for eligible products that already have a manufacturer’s warranty. Plus, you're covered by overseas travel and medical insurance, interstate flight inconvenience insurance, transport accident coverage, and rental excess coverage.
  • Rewards program. Earn 0.75 Qantas Points per $1 spent on eligible purchases up to $3,000 and 0.5 Qantas Points per $1 spent above $3,000 per statement period.
  • Mobile payment technology. Apple Pay, Android Pay, ANZ Mobile 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 Platinum credit card

  • Annual fee. This card has a standard annual fee of $295 that includes a $240 annual account fee and a $55 rewards program services fee.
  • Rates and fees. The ANZ Frequent Flyer Platinum offers cardholders a 19.99% p.a. interest rate on purchases and a 21.49% p.a. interest rate on cash advances.
  • Qantas Frequent Flyer details. With this card, you must be a member of the Qantas Frequent Flyer program to earn and redeem Qantas Points. A joining fee may apply and membership of the Qantas Frequent Flyer program is subject to the Terms and Conditions of the Qantas Frequent Flyer program.
  • Security features. The ANZ Frequent Flyer Platinum allows you to access emergency card replacement anywhere in the world, emergency cash advances and credit limit increases, a fraud money back guarantee, and round-the-clock monitoring for protection against suspicious account activity.
  • Interest-free days. ANZ offers up to 55 days interest-free on purchases when you pay your balance in full by the due date on each statement. This feature can allow you to save on interest while accruing rewards points.

How to apply for the ANZ Frequent Flyer Platinum credit card

If you’ve decided that an ANZ Frequent Flyer Platinum credit card is a good choice for you and your current financial situation, you can apply by completing the online application. Before you get started, make sure you meet the eligibility requirements and have the necessary documents and details on hand.

Eligibility criteria

  • Age. You must be over 18 years of age.
  • Residency requirements. This card is available for permanent residents and citizens of Australia. Non-permanent residents may still be eligible but must be holding a 457 working visa and have at least 9 months remaining from the date of application.
  • Income requirements. You must have a minimum annual income of $35,000 and a good credit rating to apply.

Required documents

  • Proof of identification. You'll be required to provide proof of identification, such as your driver’s license or passport.
  • Proof of income. Make sure to organise any payslips, bank statements, or any other relevant financial information before applying.

If you choose to apply for this ANZ platinum credit card, you can enjoy a number of platinum benefits and cost-saving features. As with any credit card offer, you'll need to compare your options to find the right card for you.

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266 Responses

  1. Default Gravatar
    steveOctober 11, 2017

    I have an ANZ VISA F/F Platinum card. My wife holds an ‘additional card’ for this account.
    All F/F points earned are credited to MY F/F account number.
    Is it possible for F/F points earned on my WIFE’s card to be credited to her own F/F account (rather than to mine)?

    • Staff
      HaroldOctober 12, 2017Staff

      Hi Steve,

      Thank you for your inquiry.

      If your wife is a supplementary cardholder, then the points will not be credited to her account.

      I hope this information has helped.

      Cheers,
      Harold

  2. Default Gravatar
    MichaelAugust 21, 2017

    1. What is the fee for an additional card holder for an existing card holder A/ fee B/ with reward points
    2. If the second card holder books an overseas flight with their additional card are they covered for travel insurance
    3. If yes to Q2 and additional card holder purchases 2 overseas tickets say himself and fiance are they both covered

    • Staff
      HaroldAugust 22, 2017Staff

      Hi X,

      Thank you for your inquiry.

      1. What is the fee for an additional card holder for an existing card holder A/ fee B/ with reward points
      Answer – Additional Cardholder Fee $65 p.a.

      2 & 3. If the second card holder books an overseas flight with their additional card are they covered for travel insurance. If yes to Q2 and additional card holder purchases 2 overseas tickets say himself and fiance are they both covered.
      Answer – Regarding this matter you can call ANZ for direct support at 13 22 73 to clarify the insurance cover for this card.

      I hope this information has helped.

      Cheers,
      Harold

  3. Default Gravatar
    JonathanAugust 8, 2017

    Looking at the answers provided here and on the other ANZ cards it seems that I am not eligible as I currently have a FF ANZ card. It seems that I need to close my ANZ card for 12 months before trying to apply again. What other cards would you recommend to have for the next 12 months that would be similar to the ANZ cards that also offer Qantas FF points and has a low annual fee?

    • Staff
      DanielleAugust 9, 2017Staff

      Hi Jonathan,

      Thank you for contacting finder. We are a comparison website and general information service, we’re more than happy to offer general advice.

      You may refer to this page for options that may suit your needs. You may review and compare the offers available on the table. Once you have selected one, you may proceed by clicking the green “Go to Site” button.

      I hope this helps.

      Cheers,
      Danielle

  4. Default Gravatar
    ChadJuly 21, 2017

    Hi. Do you get the bonus Qantas Points when you meet the $2,500 spend requirement or does it get rewarded after the designated time?

    • Staff
      JasonJuly 22, 2017Staff

      Hi Chad,

      Thank you for your enquiry.

      After meeting the spend requirement for the bonus Qantas Points of ANZ Frequent Flyer Platinum Credit Card, the bonus Qantas Points will be credited to your Qantas account within three months of the eligible spend criteria being met.

      Kind regards,
      Jason

  5. Default Gravatar
    LauraApril 26, 2017

    Hi

    I already have the ANZ Frequent Flyer Black visa and amex. Do I still for the ANZ Frequent Flyer Platinum with the 50,000 bonus points offer?

    Thank you!

    • Staff
      HaroldApril 26, 2017Staff

      Hi Laura,

      Thank you for your inquiry.

      The bonus points offer is available with “ANZ Frequent Flyer Platinum Credit Card”. You can get 50,000 bonus Qantas Points when you spend $2,500 on eligible purchases within the first 3 months of card approval. Eligible purchases exclude fees, cash, cash equivalent transactions, balance transfers and premiums paid for ANZ Credit Card Insurance and transactions for gambling or gaming purposes. Offer is available to online applications only.

      I hope this information has helped.

      Cheers,
      Harold.

  6. Default Gravatar
    AngeApril 5, 2017

    Hi,

    How long will it take the ANZ Bank to transfer the bonus Qantas Frequent Flyer points (50,000) to our Qantas Frequent Flyer account once we have sent the $2,500 of eligible purchases? Will the points be transferred immediately after the purchases have been made or will it take some time before the points are transferred? If so, how long before points are transferred to our Qantas Frequent Flyer account?

    • Staff
      JasonApril 6, 2017Staff

      Hi Ange,

      Thank you for your enquiry.

      There’s no specific term on how long it will take for ANZ to reward the bonus Qantas points to your Qantas Frequent Flyer account but the bonus points will be credited to your Qantas account within the first 3 months from account opening when you meet the spend requirement on eligible purchases.

      Kind regards,
      Jason

  7. Default Gravatar
    EmilyJanuary 23, 2017

    Am I able to apply for the credit card and apply as a Balance Transfer?
    I understand the bonus points would only be eligible for purchases not transfer of funds.

    • Staff
      MayJanuary 23, 2017Staff

      Hi Emily,

      Thanks for your question.

      If you think you meet the eligibility criteria and requirements of the ANZ Frequent Flyer Platinum credit card, yes, you can apply and request a balance transfer. However, please note that the balance transfer interest rate of this card is not on 0% promotion, so you will be charged 21.49% p.a. interest on standard balance transfer.

      Cheers,
      May

  8. Default Gravatar
    VictoriaJanuary 10, 2017

    Hi,

    What is considered as eligible purchases to receive the 50,000 Qantas Points when you spend at least $2,500 on eligible purchases within the first 3 months? Specifically, do the purchases have to be made with one of the bonus partners?

    • Staff
      MayJanuary 10, 2017Staff

      Hi Victoria,

      Thank you for your inquiry.

      No, not exclusively with bonus partners. You can use also your card on eligible purchases from other merchants. The purchases that are considered as eligible are those regular purchases which exclude fees, cash, cash equivalent transactions, balance transfers, premiums paid for ANZ Credit Card Insurance and transactions for gambling or gaming purposes.

      Cheers,
      May

  9. Default Gravatar
    DanaeJanuary 9, 2017

    Hello,

    What is considered as eligible purchases for the qantas points? Also do you have to wait the 3 month period before receiving the points or will you receive them once you’ve spent the 2,500$?

    Thanks

    • Staff
      MayJanuary 9, 2017Staff

      Hi Danae,

      Thank you for your inquiry.

      The eligible purchases that earn Qantas points are regular purchases which do not include fees, cash, cash equivalent transactions, balance transfers, premiums paid for ANZ Credit Card Insurance and transactions for gambling or gaming purposes.

      If you are pertaining to the bonus points, yes, the 50,000 bonus Qantas Points will be credited to your ANZ account within three months of the eligible spend criteria of $2500 being met.

      Cheers,
      May

  10. Default Gravatar
    PaulDecember 9, 2016

    Can the card be closed after 6 months without losing any of the points or being charged any fees?

    • Staff
      MayDecember 9, 2016Staff

      Hi Paul,

      Thanks for your question.

      At anytime you can actually close your card without being charged a cancellation fee. However, if you want to receive the Qantas bonus points, you may have to wait that it will be credited to your account first before you close your card. Please note that the bonus Qantas Points will be credited to your ANZ account within three months of the eligible spend criteria being met.

      Cheers,
      May

Credit Cards Comparison

Rates last updated November 22nd, 2017
Name Product Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee Product Description
St.George Vertigo Platinum - Online Offer
12.74% p.a.
0% p.a. for 24 months
$0 p.a. annual fee for the first year ($99 p.a. thereafter)
Offers complimentary travel insurance, complimentary purchase insurance and access to a 24/7 personal concierge service.
Qantas Premier Platinum
19.99% p.a.
0% p.a. for 15 months
$149 p.a. annual fee for the first year ($299 p.a. thereafter)
Fly faster with up to 2 Qantas Points per $1 spent, receive 2 yearly complimentary Qantas Club lounge invitations, plus, included travel insurance.
Woolworths Everyday Platinum Credit Card
19.99% p.a.
0% p.a. for 14 months
$0 p.a. annual fee for the first year ($49 p.a. thereafter)
Receive a $50 eGift Card when you apply by 31 January 2018 and make an eligible purchase by 28 February 2018.
Virgin Australia Velocity Flyer Card - Bonus Points Offer
20.74% p.a.
0% p.a. for 18 months
$64 p.a. annual fee for the first year ($129 p.a. thereafter)
Earn up to 60,000 bonus Velocity Points in the first 3 months on eligible spend and enjoy a discounted annual fee of $64 for the first year.

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