New ANZ Business Black Credit Card - 50,000 Bonus ANZ Rewards Points with $10k Spend [$450 Annual Fee]

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Go to Deal

Nillionaire on 14/07/2016 - 01:01 anz.com (356 clicks)
Last edited 14/07/2016 - 01:45 by 2 other users

This is a business credit card so obviously not for everyone. Business folks of OzBargain, this may be a good deal for you.

LINK to ANZ's page on the card.

LINK to PointsHack's comprehensive guide, website where I discovered the deal, full credit to Keith Mason who wrote the guide.

Introduction:

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• $450 p.a. annual fee

• 50,000 bonus points when you spend $10,000 on eligible purchases within the first 3 months for new accounts approved before 30 September 2016

• Earn 1 ANZ Reward Point for $1 you spend on eligible purchases in Australia (excluding taxation payments). Plus earn 50% more Reward Points on eligible purchases until 31 May 2017

• Earn 3 ANZ Reward Points for every $1 you spend on eligible purchases made overseas or in a foreign currency and 0.5 ANZ Reward Points for every $1 you spend on taxation payments

• Redeem for a great range of rewards, including Qantas Frequent Flyer, Velocity Frequent Flyer, gift cards, cash back and more.

• ANZ Business Global Concierge service for access to wholesale rates on business travel as well as 24/7 assistance with booking for everyday business services

• Overseas travel and medical insurance

• Eligibility criteria, Terms and Conditions and fees and charges apply.

If you're interested, more information is available on the ANZ page and the comprehensive guide on PointsHack.

Keith's summary:

This is a strong business credit card that contains many of the features required for small to medium size businesses, with ease of reporting, ability to track spending, unlimited additional cardholders with no points capping, and travel related insurance cover.
This card is therefore likely to appeal to larger businesses that want to earn points into a major rewards program in ANZ Rewards that offers points transfers to the some of the key frequent flyer programs in the region – Velocity, KrisFlyer and Asia Miles. It will be especially useful for businesses that incur regular spend overseas with the bonus points on offer.

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ANZ

• 

  payton on 14/07/2016 - 01:21

  +2

  $10,000 spend is a lot of dosh and we've had ANZ offers of 50K points before with much less spend requirement, and low/nil annual fee.

  • 

    CI on 14/07/2016 - 02:43

    Op did say it's for business

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  scanuck on 14/07/2016 - 05:51

  +1

  Spend is way too much, even for 'business' - previous offers are superior.

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  daft009 on 14/07/2016 - 06:16

  so looks like this card pays points on ATO spend…could be worth, just on that!
  I was looking for another card which gave points on ATO spend…

  • 

    systmworks on 14/07/2016 - 06:44

    +2

    I pay my quarterly BAS on my Coles Mastercard (not the $0 fee one, it has 1/4 the points). It pays a 1% return on spend (so $10 per $1K spent).

    The reserve bank charges something like 0.42% fee for credit card payments (so 0.58% net points benefit), but the fee is tax deductible, and the points/cash discount on groceries etc is a personal benefit.

    So yeah, a $6K BAS payment = $60 free groceries. And the business pays the $25 bank fee.

    • 

      solar on 14/07/2016 - 16:27

      So you're paying the Fringe Benefit Tax on the personal benefit that you are gaining from a business expense?

      • 

        systmworks on 14/07/2016 - 16:58

        You'd have to ask Mr Accountant.

  • 

    anna10 on 14/07/2016 - 16:57

    I was told that no ANZ cards give ATO points, but happy to hear anyone's experience.

    Bankwest World M/C does, at cost of .42 (or thereabouts).

    • 

      daft009 on 14/07/2016 - 21:57

      The fine print on anz site mentions points for ato.

  • 

    jackofspade on 14/07/2016 - 17:15

    http://www.creditcardfinder.com.au/earn-rewards-points-payin…
    Here's a list of cards that earn points when paying ATO.

    • 

      nicwinner on 20/07/2016 - 13:58

      am confusing here. does ATO already withhold the pay in advance? if so why shall they paying money to ATO?

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  anna10 on 14/07/2016 - 16:53

  Just wondering if the reward points transfer say to SQ at the rate of 1:1 or what?

  • 

    daft009 on 14/07/2016 - 21:57

    Read anz site, 1:1 only for Qantas.