The ANZ Frequent Flyer Black Credit Card offers plenty of points and travel perks, including a big bonus Qantas Points offer for new customers, lounge invitations and complimentary travel insurance. It also earns a competitive 1 Qantas Point per $1 on eligible purchases up to $7,500 per statement period, then 0.5 points per $1 for the rest of that statement period. But with a relatively high $425 annual fee, you should make sure you get enough value beyond the bonus points if you plan to keep this card.
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🏆 Finder award
ANZ Frequent Flyer Black Credit Card
Terms and conditions apply
- Bonus points
- 130,000
- Purchase rate
- 20.99% p.a.
- Reward point per $ spent
- 1
- Annual fee
- $425 p.a.
Our verdict
Offers up to 130,000 bonus Qantas Points and $200 back on your new card, with a $425 annual fee.
Finder Awards winner
Pros
-
Up to 130,000 bonus Qantas Points and $200 back
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2 complimentary Qantas Club Lounge invitations per year
-
1 Qantas Point per $1 spent up to $7,500 per statement period, then 0.5 Qantas Points / $1 spent
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Complimentary insurance covers, including international travel insurance, purchase protection insurance and extended warranty insurance
Cons
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You need to keep the card over 12 months to collect all the bonus points offered
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The standard annual fee of $425 p.a. is high.
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When you spend over $7,500 per statement period, the earn rate drops from 1 point per $1 spent to 0.5 points per $1.
Details
Product details
| Product Name | ANZ Frequent Flyer Black |
| 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 period | Up to 55 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 | Qantas Frequent Flyer |
| Bonus points | 130,000 |
| Rewards points per $ spent | 1 |
Fees
| Annual fee | Annual fee $425 |
| 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 transaction amount or $4 (whichever is greater) |
| Overseas ATM withdrawal fee | $5 |
| Additional cardholder fee | $65 |
| Number of additional cardholders | 9 |
Congratulations, ANZ!
ANZ Frequent Flyer Black won the award for 'Frequent Flyer Credit Card – Qantas' in the 2024 Product Awards.
Full list of 2024 winners
Our expert says
"I took out the ANZ Frequent Flyer Black Credit Card about a year ago. I was looking to switch from a Virgin Amex to a Qantas Visa, as Virgin flights were harder to redeem for US travel and Amex sometimes incurred a surcharge or wasn't accepted. The ANZ card has more bonus points on application and Visa is much more widely accepted. But the earn rate is slightly less, the ongoing annual fee is slightly more, and after you spend $7K in a month you only earn 0.5 points per $1 spent. I also found the Amex app much easier to use than the ANZ app, especially for payments. I like this card overall, but I'd like a few more perks, the removal of the half points cap for a $425 card, and an easier to use app."
How to apply
You can apply for the ANZ Frequent Flyer Black Credit Card in around 20 minutes and expect a response within 60 seconds. Before you apply, check if you meet the eligibility criteria and have the necessary details to complete the application.Eligibility criteria
- New cardholder. The introductory offers are only available to new ANZ Frequent Flyer customers who don't currently hold or have held an ANZ Frequent Flyer credit card 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.
Your reviews
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Amy Finder
Editor
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Sarah Megginson Finder
September 09, 2024
Hi Amanda, You can review the full PDS here. Usually the cardholder and their family (spouse and children) are covered for travel insurance. The full eligibility is stated as:
If the cardholder becomes eligible for the cover available, a spouse and/or dependant(s) also becomes eligible, when each of them individually meets all of the following eligibility criteria:
1. the spouse and/or dependants reside in Australia or are the holder of a visa issued under the Migration Act 1958 (Cth) which entitles them to residency; and
2. each spouse and/or dependant is travelling with the cardholder for at least 50% of the period of cover available to
the cardholder for the cardholder’s overseas journey; and
3. each spouse and/or dependant has a return overseas travel ticket before leaving Australia; and
4. each spouse and/or dependant is aged under 81 years at the time they each become eligible for the cover available by meeting conditions 1 to 3 listed above.
When a cardholder, spouse and dependant are travelling together only one eligible person can claim the benefits payable to a cardholder. The other eligible persons may only claim as a spouse or dependant. For example, when a spouse is also a cardholder, if they do not meet the eligibility requirements as a cardholder they can only claim as a spouse, not a cardholder.
Hope this helps!
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Nibby
July 31, 2024
Can additional cards holders also generate points for me?
Sarah Megginson Finder
August 01, 2024
Yes absolutely, any points earned by additional cardholders are credited back to the primary card holder’s frequent flyer account.
Alan
July 29, 2024
Does this card enable u to get to one world emerald through credit card spend over a year? And does it give an automatic premium status?
Sarah Megginson Finder
July 29, 2024
Hi Alan,
To benefit from oneworld benefits, you’ll need to grow in status with Qantas. This card will help you to substantially build your points balance, but it won’t help you increase your status. You can learn more about the oneworld program here.
Hope this helps!
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Andrew Marshall
June 18, 2024
What is the balance transfer fee? I currently have a NAB card and was wanting to transfer some of the balance to this ANZ card.
Sarah Megginson Finder
June 20, 2024
The balance transfer fee is 3%, so if you transfer an amount of $10,000, you’ll pay a fee of $300.
Alan
June 09, 2024
what is classified as an eligible purchase, eg Groceries ,electricity bills etc. Are these eligaile purchases
Sarah Megginson Finder
June 10, 2024
Hi Alan,
Yes, groceries and electricity bills are eligible purchases. Ineligible purchases include things like cash advances, interest charges, online gambling and fees.
Hope this helps!
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Amanda Wrigley
September 08, 2024
Hi, how do I find more information regarding the insurance policy? Eg: What is covered, how many are covered under the policy?