ANZ Rewards Card

Offers points on your everyday spending and Cashrewards Max cashback offers, with an $80 annual fee.

The ANZ Rewards card earns up to 1 point per $1 spent on eligible purchases, which you can redeem for frequent flyer points, travel, gift cards, merchandise, cashback and more. It also gives you access to Cashrewards Max, which gives you a way to get cashback offers with over 1,700 brands when you link your card to a Cashrewards account.

20.24% p.a.

Balance transfer rate

20.24% p.a.

Purchase rate


Reward point

Per $ spent

$80 p.a.

Annual fee

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Product NameANZ Rewards Credit Card
Rewards programANZ Rewards Program
Balance transfer rate20.24% p.a.
Balance transfer limit95% of available limit
Purchase rate20.24% p.a.
Annual fee$80
Interest-free periodUp to 55 days on purchases
Cash advance rate20.24% p.a.
Min credit limit$1,000
Card typeVisa
Foreign currency conversion fee3%
Available to temporary residentsYes - Conditions apply
Joint applicationNo


  • Earn 1 Reward Point per $1 spent up to $1,000 / statement period (0.5/$1 thereafter)
  • Access to Cashrewards Max cashback offers when you shop with participating brands


  • Charges a $65 annual fee per additional cardholder
  • The $1,000 spending threshold before lower earn rate kicks in is low
Rewards programANZ Rewards Program
Bonus pointsN/A
Rewards points per $ spent1
Annual fee$80
Minimum monthly repayment2% of the closing balance or $25, whichever is greater
Late payment fee$20
Foreign currency conversion fee3%
Cash advance fee2% or $4, whichever is greater
Overseas cash advance fee2% or $4, whichever is greater
Overseas ATM withdrawal fee$5
Additional cardholder fee$65
Number of additional cardholders3

Review by

Amy Bradney-George has been writing about personal finance for more than 13 years – including over 600 articles as a senior writer for Finder. Her work has also appeared in publications including Money Magazine, The Sydney Morning Herald, Financy, ABC News Australia and Equity Magazine. Amy has a Bachelor of Arts in Journalism and Drama from Griffith University.

Expert review

The ANZ Rewards Card offers 1 point per $1 on eligible spending for the first $1,000 in each statement period and 0.5 points per $1 after that. This makes it suited to people who want to earn points but don’t spend enough to justify the higher annual fees that typically come with cards offering higher earn rates.

How to apply

You can apply for the ANZ Rewards card online in around 5 minutes by filling out a secure application form via the ANZ website. Before you get started, check that you meet the following eligibility criteria and have all your documents and details ready.

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.
  • Age. You must be at least 18 years old to apply.

Card benefits

  • Earn points per $1 spent. The ANZ Rewards card earns 1 Reward Point per $1 spent on eligible purchases up to spent per statement period, then 0.5 Reward Points per $1 spent on eligible purchases above spent per statement period.
  • ANZ Rewards options. The ANZ Rewards program allows you to redeem your points for travel rewards, merchandise, gift cards and cashback to your ANZ account. You can also set up auto-redemptions for rewards if you know you'll want the same option every time.

Rates & fees

  • Annual fee. This card charges an annual fee of $80 p.a. (includes a $25 annual account fee and a $55 Rewards Program service fee).
  • Interest rates. This card has an interest rate of 20.24% p.a. for purchases. For cash advance transactions – such as ATM withdrawals or foreign currency purchases – a variable interest rate of 20.24% p.a. applies.
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