I have just signed up for this after doing a lot of research.
75000 bonus points is worth $337 in Woolworths GIFT CARDS (22,225 pts per $100).
- 75,000 REWARDS POINTD when you spend $2,500 on eligible purchases in the first 3 months. (Must not have held an ANZ card in the previous 12 months). ** Not available in conjunction with other offers, packages or promotions, or when transferring from an existing ANZ credit card or where you currently hold or have closed an ANZ Rewards, ANZ Rewards Platinum or ANZ Rewards Black credit card within the previous twelve months.**
- Free for First Year (normally $375/pa + $55/pa for additional card holders).
To apply for an ANZ Rewards Black credit card, you need to
Be 18 years of age or over
Have a good credit rating
Be a permanent Australian resident, earning a minimum annual income of $75,000
Be a non-Australian permanent resident with more than 9 months remaining on your Visa, earning a minimum annual income of $75,000
REWARDS POINTS:
- 2 Reward Points per $1 spent on eligible purchases up to and including $5,000 per statement period, then
- 1 Reward Points per $1 spent on eligible purchases above $5,000 per statement period
- Until 5 August 2017 receive 2 Reward Points per $1 spent on eligible purchases uncapped.
SCENARIO - If you spend $5000/m on eligible purchases then you would earn 120,000 in REWARDS POINTS (this is worth approx $540 in Woolworths Gift Cards).
if you aren't aiming for the STATUS CREDITS or the QANTAS Lounge Passes that come with the "ANZ Frequent Flyer Black" then this is the card for you.
I suggest you cancel the card just before your 12 months is up unless you are happy to pay the Annual Fee.
I would be very careful signing up to these offers as the last one I did apparently it wasn't for the public. I wouldn't waste time, according to then campaigns an a com isn't an Australian ANZ domain…