In this guide

  • Our verdict
  • Details
    • Product details
    • Eligibility
    • Rewards
    • Fees
  • How to apply
  • Card benefits
  • Rates & fees
  • Your reviews
  • Ask a question
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ANZ Rewards Black Credit Card

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ANZ Rewards Black Credit Card
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Terms and conditions apply
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.

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The ANZ Rewards Black earns the most points per $1 of any ANZ Rewards card, with 2 Reward Points per $1 on eligible purchases for the first $5,000 per statement period and 1 point per $1 after that. To give you an example of the value you can get from the 180,000 bonus points offer, you could redeem them for $800 worth of Woolworths WISH digital gift cards. Or transfer them to get 90,000 Velocity Points – enough for a return business class flight from Brisbane to Perth.

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

In this guide

  • Our verdict
  • Details
    • Product details
    • Eligibility
    • Rewards
    • Fees
  • How to apply
  • Card benefits
  • Rates & fees
  • Your reviews
  • Ask a question

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.

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
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Congratulations, ANZ!

The ANZ Rewards Black Credit Card won Best Rewards Credit Card in the 2025 Finder Awards.

Full list of 2025 winners

How to apply

If you've compared your options and picked the ANZ Rewards Black, you can apply online in around 20 minutes. Get started by checking that you meet the eligibility criteria listed below, as well as the documents and details you'll need to fill out the application.

Eligibility criteria

  • New cardholder. To earn the bonus points, you must be a new ANZ Rewards customer. This means you must not currently hold an ANZ Rewards Black, ANZ Rewards Platinum or ANZ Rewards credit card – and must not have opened or closed one of these accounts in the last 12 months.
  • Residency requirement. Citizens and permanent residents of Australia are eligible to apply. If you are a non-Australian permanent resident, you must have at least 12 months remaining on an eligible working or business visa.

Card benefits

  • Bonus points. Receive 180,000 bonus ANZ Reward Points when you spend $3,000 on eligible purchases within the first 3 months from card approval. The bonus points will be credited to your account within 3 months of meeting the spend requirement.
  • $150 back. You'll get $150 back to your new ANZ Rewards Black card when you apply, are approved and spend $3,000 on eligible purchases within the first 3 months.

Rates & fees

  • Annual fee. This card charges a $375 annual fee. This includes a $320 Annual Account Fee and a $55 Rewards Program Service Fee.
  • Purchase rate. Unless you repay your balance before the end of the statement period, your purchases will collect interest at a rate of 20.99% p.a.

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Avatar

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.


Avatar

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!


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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?


Avatar

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!


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Fabian

February 03, 2025

are points earned transferable to a frequent flyer program or airline ?


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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.


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steve

January 30, 2025

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


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Sarah Megginson Finder

January 31, 2025

Hi Steve,


No, this offer is limited to one bonus offer per customer.


Avatar

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


Avatar

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!


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