The ANZ Rewards Black is a premium credit card with features suited to big spenders and earners. If you apply as a new customer, you’ll earn 180,000 bonus ANZ Reward Points and get $150 back when you spend $3,000 on eligible purchases in the first 3 months from card approval. That’s enough for around $800 worth of gift cards.
ANZ Rewards Black Credit Card

- Bonus points
- 180,000
- Purchase rate
- 20.99% p.a.
- Reward points per $ spent
- 2
- Annual fee
- $375 p.a.
Our verdict
Offers a big $150 back, with a $375 annual fee.
Pros
-
180,000 bonus ANZ Reward Points
-
$150 back on your new card
-
Up to 2 ANZ Reward Points per $1 spent
-
Complimentary extras including travel insurance and a personal concierge
Cons
-
Charges a relatively high annual fee of $375 p.a.
-
3% foreign transaction fee
-
Additional cardholder fee of $65 per card
Details
Product details
Product Name | ANZ Rewards Black Credit Card |
Balance transfer rate p.a. | 21.99% |
Balance transfer limit | 95% of available limit |
Purchase rate p.a. | Purchase rate p.a.20.99% |
Interest-free days | Up to 44 days on purchases |
Cash advance rate p.a. | 21.99% |
Min credit limit | $15,000 |
Card type | Visa |
Eligibility
Available to temporary residents | Yes - Conditions apply |
Joint application | No |
Rewards
Rewards program | ANZ Rewards Program |
Bonus points | 180,000 |
Rewards points per $ spent | 2 |
Fees
Annual fee | Annual fee $375 |
Minimum monthly repayment | 2% of the closing balance or $25, whichever is greater |
Late payment fee | $20 |
Foreign currency conversion fee | Foreign currency conversion fee 3% |
Cash advance fee | 3% or $3, whichever is greater |
Overseas cash advance fee | 3% of the transaction amount or $4 (whichever is greater) |
Overseas ATM withdrawal fee | $5 |
Additional cardholder fee | $65 |
Number of additional cardholders | 9 |

Congratulations, ANZ!
The ANZ Rewards Black Credit Card won Best Rewards Credit Card in the 2025 Finder Awards.
Full list of 2025 winnersYour reviews

Amy Finder
Journalist
You are about to post a question on finder.com.au:
- Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
- finder.com.au is a financial comparison and information service, not a bank or product provider
- We cannot provide you with personal advice or recommendations
- Your answer might already be waiting – check previous questions below to see if yours has already been asked
Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms Of Service and Finder Group Privacy & Cookies Policy.
This site is protected by reCAPTCHA and the Privacy Policy and Terms of Service apply.

Sarah Megginson Finder
February 07, 2025
Hi Norman,
You’ll need to meet the eligibility criteria set out in ANZ’s policy information booklet, and the main criteria is:
* prepayment of, at least, $250 of your travel costs before leaving Australia, charged to an ANZ Black or Platinum credit card in your name.
So, if you purchase accomodation, car hire or other travel costs using your credit card, and you meet their other eligibility conditions (eg card not in arrears, you have a return ticket, aged under 81, Australian resident) this should activate your travel insurance.
Hope this helps!
Show more Show less

Dean
February 05, 2025
Hi there,
I had this ANZ card 2 years ago now, but under the Qantas FF point system.
Am I eligible for applying for this credit card again but for the velocity point system, and will I be able to get the velocity points?

Sarah Megginson Finder
February 05, 2025
Hi Dean,
The terms and conditions state that you are not eligible for this offer if you currently hold or have held an ANZ Frequent Flyer credit card in the last 12 months. As a current card holder, you are not eligible unfortunately. However there are many other frequent flyer credit cards with bonus points you can look at. Hope this helps!
Show more Show less

Fabian
February 03, 2025
are points earned transferable to a frequent flyer program or airline ?

Sarah Megginson Finder
February 03, 2025
Hi Fabian,
Yes, you can transfer these points to Qantas or Virgin’s Velocity Rewards program, or you can redeem them for rewards like gift cards, products, or even ANZ CashbackSuper that you can use to reduce the balance of your ANZ Rewards credit card, or add to your bank account.
Show more Show less

steve
January 30, 2025
Can I apply for 2 cards in the same name & get 180,000 points on each card?

Sarah Megginson Finder
January 31, 2025
Hi Steve,
No, this offer is limited to one bonus offer per customer.

Jim
January 30, 2025
Hi,
I am looking to apply for a new credit card. I have just retired (March 24). Prior to that I worked as a self-employed management consultant. My current credit card is paid off in full every month, Can I apply for an ANZ credit card

Sarah Megginson Finder
January 31, 2025
Hi Jim,
This card has a minimum credit limit of $15,000, which means ANZ will be looking for you to have an income that supports this level of (potential) debt. When issuing you a credit card, they’re giving you access to $15,000 in credit, and they have a legal obligation to ensure you can afford it. Usually, this means banks look for an annual income of $70-80,000 or more, although the exact income depends on your personal situation and your existing debts and financial responsibilities. It may be worth contacting ANZ card services to discuss your situation and see some advice? You can reach them on 1800 033 844.
Hope this helps!
Show more Show less
Norman
February 06, 2025
In order to avail the complimentary travel insurance with this card. Does it mean you have to used the card to buy airline tickets or you just have to spend the required amount in the first three months since I already bought the airline tickets few months back.