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How to earn credit card reward points with the ANZ Rewards program

Earn points for your everyday spending and use them for travel, merchandise or frequent flyer transfers.

The ANZ Rewards program gives you a way to earn points as you spend with ANZ Rewards credit card. You can redeem these points for rewards including travel, entertainment and gift cards through the ANZ Rewards website, or transfer them to your frequent flyer account with Virgin Australia Velocity, Air New Zealand Airpoints, Asia Miles or Singapore Airlines KrisFlyer. Use this guide to compare ANZ Rewards credit cards and learn more about the program so that you can decide if it's right for you.

What you'll find in this guide

ANZ Credit Card Offer

ANZ Rewards Travel Adventures card

Receive 40,000 bonus Velocity Points

Eligibility criteria, terms and conditions, fees and charges apply

ANZ Credit Card Offer

Earn 40,000 bonus Velocity Points and save with $0 overseas transaction fees on purchases and 2 yearly complimentary Virgin Australia lounge passes.

  • $225 p.a. annual fee.
  • 20.24% p.a. on purchases
  • Cash advance rate of 21.74% p.a.
  • Up to 55 days interest free
  • Minimum income requirement of $35,000 p.a.
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Comparison of ANZ Reward Credit Cards

Rates last updated September 25th, 2018
Name Product Bonus Points Rewards Program Rewards Points per $ spent Purchase rate (p.a.) Annual fee Product Description
ANZ Rewards Travel Adventures card
40,000 bonus points
ANZ Rewards Program
1.5
20.24% p.a.
$225 p.a.
Receive 40,000 bonus Velocity Points, 2 yearly Virgin Australia lounge passes, plus enjoy $0 overseas purchase transaction fees.
ANZ Rewards Credit Card
25,000 bonus points
ANZ Rewards Program
1
18.79% p.a.
$80 p.a.
Earn uncapped Reward Points and get 25,000 bonus points when you make an eligible purchase in the first 3 months from approval.
ANZ Rewards Platinum
65,000 bonus points
ANZ Rewards Program
1.5
18.79% p.a.
$95 p.a.
Receive 65,000 bonus Reward Points and $50 back onto your card after your first eligible purchase in 3 months, plus up to 1.5 points per $1 spent.

Compare up to 4 providers

How can I earn ANZ Rewards Points?

With an ANZ Rewards credit card, you earn reward points for every dollar spent on eligible purchases. This covers most everyday purchases but excludes cash advances and cash equivalent transactions, balance transfers, gambling, certain bills and government payments. The number of reward points you earn per dollar depends on your card and its earn rate.

Introductory bonus point offers

If you don't currently have an ANZ Rewards credit card, you can kickstart your points balance by getting one that offers introductory bonus points. Depending on the card, the bonus points can reward you with tens of thousands of ANZ Rewards. To collect the bonus points, you usually need to meet a spending requirement in the first few months you have a card. Remember to check the offer details before you apply so that you can figure out whether the spend requirement will work for you.

The ANZ Bonus Points Mall

You can also boost your point balance by shopping online through the ANZ Bonus Points Mall. This online shopping hub has over 40 retail partners – including David Jones, Dan Murphy's, Hotels.com and iTunes – and offers up to 10 bonus reward points per $1 spent.

To earn the points, you need to log in to your ANZ Rewards account and click on the retailer you want to shop with. You'll then be redirected to the retailer's website, where you can shop as normal and earn bonus points. Similar to other online reward malls, such as the one offered by Qantas Frequent Flyer or Velocity Frequent Flyer, you need to make sure you have cookies enabled in your browser and only use the window that comes up when you click on a retailer through the rewards mall website.

How to redeem ANZ Reward Points

family's sihouette at the airportThe ANZ Rewards website gives you plenty of ways to redeem points, either directly through the website or by transferring them to a frequent flyer program. Just keep in mind that you'll need to use your points within a three-year period, as ANZ Reward Points expire after 36 months.

Frequent flyer point transfers

You can convert your ANZ Reward Points to frequent flyer points with Virgin Australia Velocity, Air New Zealand Airpoints, Singapore Airlines KrisFlyer or Asia Miles. You can do one-off transfers at any time, as long as you meet the minimum transfer requirements.

Or, if you only want to use your ANZ Rewards card to earn Velocity Points or KrisFlyer Miles, you can set up auto-redemption so that your points are automatically transferred to your frequent flyer account.

Frequent flyer transfer details
Frequent flyer program Exchange rate Minimum transfer amount
Virgin Australia Velocity 2 ANZ Reward Points for
1 Velocity Point
2,000 points (or 2 points when Auto-Redemption is selected)
Air New Zealand Airpoints 3,000 ANZ Reward Points for 15 Airpoints Dollars Initial minimum of 3,000
and additional multiples of 1,500
Singapore Airlines KrisFlyer 1,500 ANZ Reward Points for 500 KrisFlyer Miles Initial minimum of 6,000
and additional multiples of 3,000
Asia Miles 3,000 ANZ Reward Points for 1,500 Asia Miles Initial minimum of 3,000
and additional multiples of 1,500

Other ways to use ANZ Rewards

  • Travel. From flights to accommodation, car rentals and even travel accessories, you could pay for your entire holiday with ANZ Reward Points alone.
  • Flights. Apart from redeeming your points with frequent flyer programs, you can also use your ANZ Reward Points to book international and domestic flights through the ANZ website. For example, you can use your points for economy flights from Sydney to Melbourne starting at 18,000 points with Jetstar, 19,800 points with Virgin Australia and 26,180 points with Qantas. Visit the ANZ Rewards site to see where you can travel with your points and to book your flights.
  • Hotels. Book your next hotel stay courtesy of your ANZ Reward Points via the ANZ website. All you need to do is enter the city you’re staying in, your preferred check-in and check-out date, the room type and how many rooms you’d like to book.
  • Homeware. From knife sets and juicers to barbeques and handyman kits, use your ANZ Reward Points to pick up almost any item you’d need at home. Points pricing and available products periodically vary, but you can currently redeem a Sheridan Reilly king bed quilt cover set for 50,400 Reward Points or a Breville Boss To Go Plus Personal Blender for 62,600 points. You can browse the full catalogue on the ANZ Rewards website.
  • Entertainment. Whether your idea of a good time involves curling up with a good magazine or jetting around the harbour, there are plenty of entertainment rewards to choose on the ANZ Rewards website. For those who prefer to relax, you could use your points for a magazine subscription to GQ, Donny Hay, Rolling Stone, Delicious and more. You could also use your points towards cinema ticket vouchers at Event Cinemas or Hoyts for your next movie night. Adventure seekers can enjoy a helicopter flight in Sydney or Melbourne, an Adrenalin V8 Car Ride or Sydney Harbour Bridge climb. If you’re looking to pick up a new hobby, you could also use your points to redeem a Nike Women’s yoga pack or a barista course voucher. These are just some of the options up for grabs, so check out the ANZ Rewards website for more.
  • Vouchers, gift cards and donations. If you’re not exactly sure how you want to spend your points or if an item you want isn’t in stock in the rewards store, you can also use your ANZ Reward Points to redeem gift vouchers. ANZ Rewards offers gift vouchers with some of Australia’s most popular brands including Myer, David Jones, JB Hi-Fi, Bunnings, Westfield, Woolworths, Target, Kmart, iTunes and more. If you’d prefer to use your points to give back, you can also make donations to the RSPCA, UNICEF, Cancer Council and the Red Cross foundation.
  • Cashback. If you wish to repay your debt and get your finances under control, you can also use your reward points to redeem cashback into your account. Cashback doesn’t always offer the best value for your points though as 25,000 Reward Points equals $100 back into your ANZ account.

How to redeem ANZ Reward Points

couple smiling at their computer

Redeeming your ANZ Reward Points is easy these days via any of these ways:

  • Online. Once you’re ready to redeem your points, head to the ANZ Rewards site and sign in using your email and password. Then you can select the redeem tab and choose the type of reward you’d like to collect (such as travel rewards, cashback or fashion and beauty). You can compare your options, select your reward and click ‘add to cart’. Once you’ve finished, visit your cart and follow the prompts to redeem your points.
  • Over the phone. You may also redeem your rewards over the phone by calling the ANZ Rewards Centre on 1300 367 763, Mondays to Fridays between 9am and 5pm.
  • Auto-redemption. ANZ gives you the choice to manually redeem your points or to organise auto-redemptions every 3, 6 and 12 months. For example, you could nominate to have your ANZ Rewards automatically converted to Velocity points each quarter. If you’d like to do this, just select a reward, click the “set up auto-redemption” button and follow the prompts.

In the event you are short of the points required for a reward, you may also pay for the reward with a combination of points and cash. To view the “Points plus pay” option, simply shop available rewards on the website and click on the item you wish to redeem. You will be shown more details about the reward as well as the number of Reward Points or Reward Points plus pay needed for the item.

The pros and cons of the ANZ Rewards program

Pros

  • Earn points while spending. This program lets you earn points for everyday purchases that you’d make anyway. As you can see from the table above, the higher your expenditure, the greater the value you will derive from your rewards card.
  • Flexible rewards options. With a robust program like ANZ Rewards, you will be spoilt for choice when it comes to redeeming your rewards. There is something here for everyone, whether you’re a frequent business traveller or homemaker.
  • Auto redemption. This option offers you the convenience of not having to make redemptions yourself and also eliminates the risk of your points expiring.

Cons

  • Limited frequent flyer partners. While there are several frequent flyer programs partnering with the ANZ Rewards program, this means very little if yours isn’t one of them.
  • Frequent flyer exchange rates. The exchange rates offered to convert your ANZ points into frequent flyer points are not ideal, and may pale compared to frequent flyer credit cards.
  • Expiry. While 36 months isn’t a terribly short time, some programs do not impose an expiry period on rewards points earned.

As far as credit card rewards programs go, ANZ Rewards is a fairly attractive one with its gamut of redemption possibilities. When deciding if this is the rewards program for you, make sure you research and compare all other competing cards and card brands before choosing the one that will be most rewarding given your personal spending levels and lifestyle.

Pictures: Shutterstock

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Sally McMullen

Sally McMullen is an editor at finder.com.au who is a credit cards, frequent flyer and travel money expert by day and music maven by night.

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12 Responses

  1. Default Gravatar
    January 19, 2018

    I am often uncertain as to what is meant by “government Charges” when earning points on a credit card. I have an ANZ traveller card. Do you think I would ern points on Council Rates and Vehicle License fees?

    • Default Gravatar
      ArnoldJanuary 20, 2018

      Hi HA,

      Thanks for your inquiry

      Government Charges are excluded from earning points. These charges are fees you pay for government services and this includes Council rates and Vehicle license fees.

      Hope this information helps

      Cheers,
      Arnold

  2. Default Gravatar
    November 29, 2017

    Hi,
    Does ANZ Reward Platinum card earn points when paying Government bills ( e.g.. Car Registration ) or utility bills ?
    Regards
    Hai

    • finder Customer Care
      RenchNovember 30, 2017Staff

      Hi Hai,

      Thanks for your inquiry. Please note that we are not affiliated with ANZ or any company we feature on our site and so we can only offer you general advice.

      With an ANZ Rewards credit card, you earn reward points for every dollar spent on eligible purchases. You can earn points on most everyday purchases except for cash advances and cash equivalent transactions, balance transfers, gambling, certain bills and government payments. The number of reward points you earn per dollar spent depends on your card and its earn rate.

      You can also have a look at this page for ANZ Rewards Platinum Credit Card review.

      Cheers,
      Rench

  3. Default Gravatar
    ReeronFebruary 20, 2015

    Does 1000 ANZ points convert to 1000 Qantas frequent flyer points?

    • finder Customer Care
      JonathanFebruary 20, 2015Staff

      Hi Reeron, thanks for your inquiry!

      With ANZ rewards points you can convert to Asia Miles, Singapore Airline KrisFlyer miles and Velocity points.

      Cheers,

      Jonathan

  4. Default Gravatar
    AlexandraJanuary 21, 2015

    Can the ANZ rewards card be used to earn Qantas Frequent flyer points??

    • finder Customer Care
      JonathanJanuary 21, 2015Staff

      Hi Alexandra,

      Thanks for your inquiry!

      Unfortunately the ANZ Rewards Credit Card is ineligible to earn Qantas Frequent Flyer points, if you’re already a member with Air New Zealand, Asia Miles, Singapore Airlines or Velocity Frequent Flyer ANZ Rewards lets you redeem your Reward Points for points or miles in these programs. For a list of Qantas Frequent Flyer Credit Cards please see this page.

      I hope this helps!

      Cheers,

      Jonathan

  5. Default Gravatar
    TonyAugust 5, 2014

    Is the rewards program service fee charged ($55) charged only once or is it charged again for additional card holders?

    • finder Customer Care
      ShirleyAugust 6, 2014Staff

      Hi Tony,

      In the ANZ fine print it states that, “After the first year for ANZ Rewards Platinum, a Total Annual Fee of $149 applies, which includes a $94 Annual Account Fee and a $55 Rewards Program Service Fee. For additional cardholders on ANZ Rewards Platinum, after the first year an Additional Cardholder Fee of $10 and Rewards Program Services Fee of $55 apply per additional cardholder on the account.”

      Hope this helps,
      Shirley

  6. Default Gravatar
    ThomasMarch 21, 2013

    How many points do i need to get a$50 voucher towards payment off my visa card

    • finder Customer Care
      JacobMarch 21, 2013Staff

      Hi Thomas. According to the ANZ Rewards website, ‘10,310 Reward Points’ are needed for $50 cash-back towards you ANZ account. Thanks for your question.

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