It's back, for those who last cancelled the ANZ credit card more than 12 months ago.
75,000 points when you spend $2,500 on purchases within the first 3 months.
For an example of what 75,000 points can get you, see thegeekinasuit's comment.
No annual fee for the first year.
There's some doubt as to whether this is applicable if you don't have an Internet Banking account with ANZ. Although it's labelled "Internet Banking Offer", nothing in the terms and conditions suggests this as an actual condition. Many anecdotes on this AFF forum thread also support the understanding that this offer is available even if you don't have an ANZ internet banking account. If you don't want to take the risk, open a free & no fee account with ANZ. Either way, the letter of offer will confirm whether you have an annual fee, and how much. Normal fee is $425.
Set a reminder for yourself to cancel before the 12 months mark. Or just cancel when you get your 75,000 bonus points.
Before you do, though, don't forget to claim this.
- Get two complimentary Qantas Club lounge invitations each year for use when flying on Qantas or Jetstar.
Minimum income requirement for ANZ's Black cards seem to be $75,000. The minimum credit limit is $15,000.
This deal should be compatible with ANZ Rewards Travel Adventures CC + 40,000 Velocity Points + 1 Free Return Virgin Flight Per Year + No Int Trans Fees = $225 Fee if you want to double dip.
Update [18/10/2016]: I have received this card, and got verbal confirmation over the phone about eligibility for the waived annual fee 1st year and the 75,000 points promotion. I opened this account without having any other ANZ accounts (except a CC cancelled >12 months ago). Several others have also confirmed this in the comments.
@Love a bargain:
Thanks for the explanation :)
Having two cards means I'll have to spend $5k to qualify for the points which I don't think I'll reach so just want the max benefit from one option.