ANZ Rewards Platinum Credit Card – Details and Application

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Get your rewards off to a flying start with 50,000 bonus points when you meet the spend requirement and enjoy $0 annual fee for the first year.

The ANZ Rewards Platinum earns up to 1.5 points per $1 spent on eligible purchases and offers a range of premium extras, including complimentary travel insurance. You can also get a bonus 50,000 ANZ Rewards Points when you spend $2,500 on eligible purchases within 3 months from card approval. Plus, you can save on annual fee costs with the $0 fee for the first year.

Product NameANZ Rewards Platinum
Rewards ProgramANZ Rewards Program
Purchase rate (p.a.)18.79% p.a.
Annual fee$0 p.a. annual fee for the first year ($95 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.)20.99% 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 ($95 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
Overseas Cash Advance FeeThe greater of 2% of the cash advance amount or 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

  • Earn 50,000 Reward Points when you spend $2,500 within the first 3 months from card approval.
  • Receive an annual fee waiver in the first year.
  • For a platinum card that offers platinum perks and benefits, the best price guarantee is a fantastic feature for shoppers who love to hunt a bargain.

Cons

  • The additional cardholder fee of $65 is an unnecessary cost considering most other cards offer this for free.
  • There is no interest promotion when you first get this card.
Rewards ProgramANZ Rewards Program
Bonus Points on Sign-up50,000
Rewards Points per $ (VISA/MC)1.5
Rewards Points per $ (VISA/MC) Cap3,000
Points Expiry36 months

ANZ Rewards Platinum Credit Card review

With a rewards program, complimentary insurance cover and up to 9 additional cards, the ANZ Rewards Platinum credit card offers a number of premium features. The ongoing purchase rate of 18.79% p.a. is comparable with most other rewards and frequent flyer products, but you can take advantage of up to 55 interest-free days on purchases if you pay your account in full each month. Plus, with access to Apple Pay, Android Pay and ANZ Mobile Pay, you’ll have plenty of ways to tap and go to make convenient purchases with this platinum card.

Benefits and features of the ANZ Rewards Platinum Credit Card

The ANZ Rewards Platinum Credit Card offers cardholders a number of perks, including:

  • 50,000 ANZ Rewards Points. Receive 50,000 bonus points when you apply for an ANZ Rewards Platinum Card, are approved and spend at least $2,500 on eligible purchases within the first 3 months from card approval. Eligible purchases cover most everyday spending but exclude fees, cash, cash equivalent transactions, balance transfers and premiums for ANZ credit card insurance.
  • No annual fee offer. This card comes with a waived annual fee for the first year, which reverts to $95 p.a. thereafter.
  • Rewards program. You’ll earn 1.5 Reward Points per $1 spent up to $2,000 and then 0.5 Reward Points per $1 spent on eligible purchases above $2,000 per statement period. You won’t earn reward points on transactions including fees, cash, cash equivalent transactions, balance transfers, premiums paid for insurance and gaming or gambling purchases. You can redeem your rewards for frequent flyer points with four airline loyalty programs including Velocity, cashback, gift cards and products from the ANZ Rewards store. See our ANZ Rewards program guide for more information.
  • Complimentary insurance. This card comes with complimentary insurance including travel and medical insurance, purchase security insurance and extended warranty insurance. You’ll need to spend at least $250 on prepaid travel costs with the card to activate the travel insurance cover.
  • Additional cardholders. You can request up to 9 additional cardholders, which can help you maximise the reward points you earn while you manage your family or business expenses. However, there is an additional $65 annual fee and a program services fee of $55 for each cardholder.
  • Mobile payment technology. You can link your account with Apple Pay, Android Pay, Samsung Pay and ANZ Mobile Pay to make tap and go payments with an eligible smartphone.

Rates and fees on the ANZ Rewards Platinum Credit Card

Weigh up these costs to decide if the ANZ Rewards Platinum is right for you:

  • Purchase rate. All eligible purchases will collect an interest rate of 18.79% p.a.
  • Interest-free days. You can take advantage of up to 55 days interest-free on purchases when you pay your account balance in full each statement period.
  • Cash advance rate. Cash advances, such as balance transfers and ATM withdrawals, collect an interest rate of 20.99% p.a.
  • Foreign currency conversion fee. If you use this card to make purchases overseas or when making foreign transactions online, you’ll incur a currency conversion fee of 3%.
  • Minimum repayment. You’re required to pay at least 2% of your balance each month, but you should pay your balance in full if you want to avoid interest and take advantage of interest-free days.
  • Late payment. If you fail to make the minimum repayment on time, you’ll be charged a $20 fee.
  • Security. Your account is protected with ANZ Falcon, which monitors your account for suspicious transactions. You won't be held liable if a fraudulent transaction is found on your account.

How to apply for the ANZ Rewards Platinum Credit Card

You can apply for ANZ's platinum rewards card by completing the secure online application. Before you do, check you meet the following eligibility criteria.

Eligibility criteria

  • Age. Applicants must be at least 18 years old.
  • Minimum annual income. Earn at least $35,000.
  • Residential status. Australian citizens, Australian residents or applicants holding a valid 457 working visa with at least 9 months remaining can all apply for this card. New Zealand citizens can also apply.
  • Credit history. You must have a good credit history.
  • Credit limits. Be looking for a credit limit between $6,000 and $50,000

Required documents

  • Personal details. Your Australian drivers licence for identification purposes (don’t worry if you don’t have a licence, you can still apply).
  • Income. You will need to provide information about your income, your expenses, assets and any liabilities. You'll also need to provide two recent pay slips for income verification.

Self-employed?

If you’re self-employed and you want to apply for the ANZ Rewards Platinum Credit Card, you will need to provide your account’s details.

On a Visa?
You don’t have to be a permanent resident to apply for the ANZ Rewards Platinum Credit Card. You can apply for this account if you’re a New Zealand citizen on a special category visa or if you hold business, investor or student visa that is valid for more than nine months.

The ANZ Rewards Platinum credit card gives you a way to earn rewards for your spending. If you've compared your options and are ready to apply now, you can also get a bonus 50,000 ANZ Reward Points by spending $2,500 in the first 3 months from card approval, plus a waived annual fee for the first year.

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133 Responses

  1. Default Gravatar
    DavidSeptember 3, 2017

    My wife and i have a rewards platinum card, for travel insurance will this also cover our 3 children

    • Staff
      AnndySeptember 5, 2017Staff

      Hi David,

      Thanks for your question.

      Yes, your children may also benefit from the complimentary travel insurance cover, provided they meet certain eligibility criteria, including payments to your card for part of their travel bookings.
      You can check this page for more information.

      Cheers,
      Anndy

  2. Default Gravatar
    tamaraJuly 20, 2017

    Does this card have a balance transfer system?

    • Staff
      RenchJuly 20, 2017Staff

      Hi Tamara,

      Thanks for your inquiry.

      Yes, you can do a balance transfer with this card. You can also check other balance transfer credit cards from this page.

      Cheers,
      Rench

  3. Default Gravatar
    May 19, 2017

    the current 50,000 point offer “Not available in conjunction with other offers, packages or promotions, or when transferring from an existing ANZ credit card or where you currently hold or have closed an ANZ Rewards, ANZ Rewards Platinum or ANZ Rewards Black credit card within the previous twelve months”

    could you please conform with ANZ if it means if i hold a current anz travel adventures card would i get the bonus points because this card does earn points into a anz rewards account, also does this offer have a expire date?

    • Staff
      MayMay 31, 2017Staff

      Hi Tess1988,

      Thank you for your inquiry.

      Sorry for the delayed reply. Since your existing card is an ANZ Rewards Travel Adventures card, you may be able to receive the bonus points of 50,000 offer for the ANZ Rewards Platinum Credit Card so long you applied and get approved for the card as well as you meet the spending condition of $2,500 on eligible purchases within 3 months from card approval. Please also note that a balance transfer, as previously stated in the condition, between an existing ANZ card to this account is not allowed.

      Furthermore, as confirmed by ANZ, this promo offer (50,000 bonus) is for a limited time only which may be withdrawn or changed at any time without notice.

      Cheers,
      May

  4. Default Gravatar
    TomMay 16, 2017

    Hi I have a Krisflyer membership and I was wondering can I send my points earned over to that? And what would be the conversion rate of points?
    Thanks

    • Staff
      HaroldMay 16, 2017Staff

      Hi Tom,

      Thank you for your inquiry.

      If you wish to transfer to an Australian banks like ANZ, convert 6,000 reward points for 3,000 KrisFlyer points, starting with a minimum of 6,000 points, and then move forward in multiples of 3,000. For further details you can check on this page the Singapore Airlines KrisFlyer Frequent Flyer Program Guide.

      I hope this information has helped.

      Cheers,
      Harold

  5. Default Gravatar
    JackiDecember 11, 2016

    If we transfer points to a frequent flyer account, are they counted as used within the 36 months or do they still expire?

    • Staff
      JasonDecember 12, 2016Staff

      Hi Jacki,

      Thank you for your enquiry.

      The ANZ Rewards Program points are considered redeemed or used once you transfer them to a frequent flyer program or account. The redeemed frequent flyer points or miles will then follow the validity period set by the frequent flyer program.

      Please check out this link for more details about the point requirements and the transfer process of different frequent flyer programs.

      I hope this helps.

      Kind regards,
      Jason

  6. Default Gravatar
    NicoleOctober 14, 2016

    Hi
    I first go the ANZ rewards card and after a few months ANZ automatically upgraded me to the platinum card I have had the one for about 4 months now I am just wondering do I got the 50,000 rewards points, I have made ELIGIBLE PURCHASE
    WITHIN THE FIRST 3 MONTHS1

    Cheers

    • Staff
      HaroldOctober 14, 2016Staff

      Hello Nicole,

      Thanks for your question.

      As stated in the fine prints on the ANZ website, to be able to qualify for the ANZ Rewards Platinum 50,000 bonus points offer you must be a new and approved applicant for the ANZ Rewards Platinum credit card account. The offer is also not available if you currently hold an ANZ Rewards, ANZ Rewards Platinum or ANZ Rewards Black credit card within the previous twelve months.

      If you need further clarification on the offer, please feel free to contact ANZ directly.

      Cheers,
      Harold

  7. Default Gravatar
    PatriciaSeptember 28, 2016

    I have recently obtained my platinum card and have used it extensively. How do I check the number of reward points earned?

    • Staff
      AnndySeptember 28, 2016Staff

      Hi Patricia,

      Thanks for your questions.

      You can get your Reward Points balance and Rewards Statement by logging into your ANZ Rewards account on the ANZ website.

      Cheers,
      Anndy

  8. Default Gravatar
    September 6, 2016

    I am interested in this card. I noted you can transfer points to other frequent flyer partners. I’m a Qantas frequent flyer but did not see this on your oust of airlines points can be transferred to.

    Can you tell me if these points can be transferred to the QF frequent flyer program?

    What is the amount I need to spend to obtain the 50,000 bonus points

    • Staff
      MaySeptember 7, 2016Staff

      Hi DB,

      Thank you for your inquiry.

      Unfortunately, the rewards points you earned for using your ANZ Rewards Platinum Credit Card cannot be transferred to Qantas Frequent Flyer program. You can only transfer your points to the following FF programs: Velocity, Air New Zealand Airpoints, Cathay Pacific Asia Miles or Singapore Airlines Kris Flyer.

      As for the bonus points, you will receive the 50,000 bonus points after your first eligible purchase is made within 3 months of card approval (excluding fees, cash, cash equivalent transactions, balance transfers and premiums for ANZ credit card insurance). ANZ did not specify a certain amount for your first eligible purchase.

      Cheers,
      May

  9. Default Gravatar
    LyndaJuly 25, 2016

    I have direct credits in place, can I have the same direct credits from the Platinum Credit card?

    • Staff
      MayJuly 25, 2016Staff

      Hi Lynda,

      Thanks for your question.

      Just to confirm, do you mean direct debits? If so, most credit cards can be set up as your payment method through direct debit especially for bills or with merchants that you have arranged with regular payments.

      Cheers,
      May

  10. Default Gravatar
    HannahApril 21, 2016

    If I already hold an ANZ low rate credit card and have applied now for the ANZ Rewards Platinum, will I still be eligible for the welcome bonus points or only for people who have never had a credit card with ANZ?

    • Staff
      MayApril 22, 2016Staff

      Hi Hannah,

      Thanks for your question.

      Yes, you are eligible to apply for the ANZ Rewards Platinum card and to receive the 50,000 bonus Reward Points as you are only holding an ANZ Low Rate credit card.

      Cheers,
      May

    • Default Gravatar
      HannahAugust 2, 2016

      Hi, I currently hold an ANZ frequent flyer card which I have had for about 11months. If I apply for the ANZ premium card will I still receive the bonus qantas points?

    • Staff
      MayAugust 2, 2016Staff

      Hi Hannah,

      Thanks for getting back.

      As stated in the fine prints, you are eligible to apply for the ANZ Rewards Platinum Credit Card and receive the bonus points if you do not currently hold or have closed an ANZ Rewards, ANZ Rewards Platinum or ANZ Rewards Black credit card within the previous twelve months. To be sure you are eligible, I suggest that you verify with ANZ directly.

      Cheers,
      May

Credit Cards Comparison

Rates last updated October 19th, 2017
Name Product Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee Product Description
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19.74% p.a.
0% p.a. for 24 months
$90 p.a.
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20.74% p.a.
0% p.a. for 18 months
$129 p.a.
Earn 3 bonus Velocity Points per $1 for the first 3 months, a first year annual fee refund and a yearly $129 Virgin Australia Gift Voucher.
St.George Vertigo Platinum
12.74% p.a.
0% p.a. for 24 months with 2% balance transfer fee
$99 p.a.
Offers complimentary travel insurance, complimentary purchase insurance and access to a 24/7 personal concierge service.
ANZ Platinum Credit Card - Exclusive Offer
0% p.a. for 3 months (reverts to 19.74% p.a.)
0% p.a. for 12 months
$0 p.a. annual fee for the first year ($87 p.a. thereafter)
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Available in black or white, this no-fuss credit card offers the same rate on purchases and cash advances, plus card lock technology.

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