• long running

ANZ Rewards Platinum Credit Card - 100,000 Reward Pts with $2000 Spend in 3 Months, $149 Annual Fee, $50 Cashback @ ANZ

320
ANZ Rewards Platinum Credit Card - 100,000 Reward Pts with $2000 Spend in 3 Months, $149 Annual Fee, $50 Cashback @ ANZ
Go to Deal
Briefcase Mong on 21/01/2025 - 09:15 anz.com.au (1041 clicks)
Last edited 21/01/2025 - 09:23

100,000 ANZ Rewards points
$149 fee ($94 Annual Fee and $55 Rewards Program Service Fee)
$50 cashback
$6000 minimum credit
$2000 spend on first 3 months
Complimentary insurances including International Travel Insurance
Up to 55 interest-free days on purchases

You are not eligible for this offer if you currently hold or have held an ANZ Rewards Credit Card in the last 12 months

ANZ Reward Points Transfer to other airlines programs
Velocity Frequent Flyer - 2:1
Singapore Airlines KrisFlyer - 3:1
Cathay Asia Miles - 3:1
Air New Zealand - 200:1

Financial Cashback Credit Card Reward Points VISA

Related Stores

ANZ
ANZ

Comments

  • AyTrain on 21/01/2025 - 09:28

    Any ideas on the minimum income required?

    • caustic birch on 21/01/2025 - 09:35
      +2

      Hard limit would be like 35k or something. Impossible to know their algorithm when accounting for mortgage, other debt, expenses etc

      • BadGiraffe on 21/01/2025 - 09:48

        I've never had a credit card before. How long does it take to get if you've never had one, and never had a credit check, etc.

        • Furi8 on 21/01/2025 - 10:05

          As long as you have a legit job and paycheck statement from 6 months back. You should be good.

          • BadGiraffe on 21/01/2025 - 10:10

            @Furi8: Thanks. Going to try this one. Wish me luck. I have a couch to buy, and that will take out a chunk of the $2K.

            But if anyone can tell me this honestly… are credit cards worth the hassle? I have no clue where to even use these points.

            • AnyFurtherDiscount on 21/01/2025 - 10:19

              @BadGiraffe: if you has no clue to use points. Swap it for the gift card you want. Easiest Coles or Woolworths gift card that you can use anytime any supers

            • AyTrain on 21/01/2025 - 11:26
              +1

              @BadGiraffe: They are worth it if you have a large expense coming up that will hit the minimum spend for rewards points payment. Get the points, pay off & close the card. Alternatively if you have an offset account, you can spend money on the card and pay it off with offset savings 30 days later.

              The trap is if you don't pay the card off in full each month you will be charged 20%+ in intrest.

              • Mugsy on 21/01/2025 - 12:10
                +4

                @AyTrain: Set up a direct debit to pay off the card in full to avoid accidentally paying interest on it.

            • Furi8 on 21/01/2025 - 13:46

              @BadGiraffe: Yes they are worth the hassle in today's encomy. Good for paying bills eg electricity, internet, phone. And other circumstances mention below.
              ** BUT ** just make sure you pay the credit card bill each month. As mentioned below you pay high interest rate. And the banks love you more when that happens.

            • Russ on 22/01/2025 - 10:32

              @BadGiraffe:

              are credit cards worth the hassle?

              For me, where credit cards shine is situations where you've been incorrectly charged. Like when a company mistakenly double-charges you.

              If that happens with a debit card, your bank account can suddenly have a negative balance, and you'll have to quickly find/borrow extra money to buy essentials like food and fuel for you car, and your bank will take weeks to clear the incorrect charge.

              With a credit card, you phone the credit card company and challenge the payment. Usually sorted in days, and although the incorrect charge may have maxed out your credit limit, you can still buy essentials and pay other bills with the debit card you already have, or a second credit card if you have one.

              Set a repeating calendar alert to remind you to check the transactions and fully pay off the credit card each month, before it starts accruing interest. Set the alert date to just after the bill will be issued, so if there are any incorrect charges, you have about three weeks to sort them out before the bill is due.

              Ideally, aim to have two credit cards, one for direct-debit bills and one for using when you're at the shops. This makes it easy to churn the card you use at the shops, no direct debits on that card so easy to change over.

              Another advantage of some credit cards, if you choose your card carefully: no charges for overseas purchases in foreign currency, and a good exchange rate. For purchases from AliExpress and other overseas sites.

            • Russ on 22/01/2025 - 10:45
              +1

              @BadGiraffe:

              are credit cards worth the hassle?

              Also, a hidden advantage of credit cards. Say your average monthly credit card bill is $2000. So over the month, you had an average of $1000 on the card ($0 at the start of the month, $2000 at the end of the month).

              Assuming you have a home loan, that money is still sitting in your offset account until you actually pay the credit card bill, where it's "earning" you a good interest rate, about 6% at the moment, and those earnings are tax-free.

              $1000 at 6% is $60 a year that the credit card is effectively "paying" you! (Assuming that you fully pay off the credit card every month).

        • G-rig on 21/01/2025 - 12:47
          +1

          I reckon you'll spend less via impulse buys if you continue to have no credit card. All these promos just rope people in unless you are very disciplined and frugal.

          • Mugsy on 21/01/2025 - 13:39
            +1

            @G-rig: Good thing I'm disciplined and frugal.

            There's a few tricks to being a tightarse and still being able to churn credit card for points effectively that I've followed over the years:

            1. Time a new credit cards with times of the year that one will definitely need to spend a bit of money… car servicing, a large bill or two, insurance renewals, an xmas gift purchase you were planning to make anyway, etc
            2. Churn one card at a time.
            3. Put direct debits on the card to add to meeting the monthly spend… don't be lazy and not change your direct debits (unless using the card comes with a surcharge)

            I've never had to resort to using the gift card strategy people recommend as I seem to always hit the spend from necessary expenses.

            In BadGiraffe's case, I'd have gone for something like a Bendigo Ready if they were just after a credit card to use to pay bills. No annual fee, and the benefit of complimentary insurances. ANZ Rewards is a churner's credit card… anyone who needs to ask if they should get this shouldn't be getting it.

            • G-rig on 21/01/2025 - 13:48

              @Mugsy: All good points, not saying it can't be done but people get slack or undiscovered and will spend more than the free points bonus or whatever, over time. Churning all the time is a lot of effort too.

              Yes was saying it sounds like they don't need it if they are asking. I always prefer fee free cards and/or travel friendly cards. Still got the 28d from 2010 or something, less attractive than it was but not interested in yearly fees and Qantas points etc.

              • Mugsy on 21/01/2025 - 15:06

                @G-rig: Yeah, churning can get exhausting.

                In the past it would be something that would excite and energise me when I was dealing with some pretty depressing things IRL. Nothing like an extra 50-120k points to make a future holiday cheaper.

                But I've spent the past 3yrs+ getting a house built. Has been the most exhausting thing I've ever done (and I have property quals and development experience too so the task isn't a big stretch from what I'm familiar with). Besides having to cancel all my credit cards to ensure getting a construction loan the first time, I had to it all again when we needed to apply for a second loan when the first one wasn't going to be extended as Commbank didn't like a delay that occurred. Trying to juggle credit card churns amongst all this got tiring. The last Velocity Flyer churn was also a pain to receive an extra 30k bonus points. It's probably why I had planned to hold onto the Velocity Flyer for a little while longer (each month, I still get 1-3k velocity points from normal spending) and also apply for my Bendigo Ready to use for travel and in between future churns.

  • CodeXD on 21/01/2025 - 09:29
    +8

    What could 100,000 ANZ Reward Points get you?
    You could redeem them for one of the following:

    Minimum $440 digital gift card
    $400 ANZ Cashback
    to redeem as 33,000 Asia Miles & Singapore Airlines KrisFlyer Miles, $500 Airpoint Dollars, or 50,000 Velocity Points

      • foxes28 on 21/01/2025 - 09:41

        Huh?

      • BadGiraffe on 21/01/2025 - 09:43

        Isn't it just $2000 in 3 months, plus fees?

        • askbargain on 21/01/2025 - 09:48

          Without bonus

          • BadGiraffe on 21/01/2025 - 09:52
            +1

            @askbargain: Apologies. I'm not familiar with credit cards at all. What bonus is this?

            • askbargain on 21/01/2025 - 19:18

              @BadGiraffe: sign up bonus. you spend $2000 and get 100k points. but without the sign up bonus, you need to spend $66k

      • carwashhair on 21/01/2025 - 09:44
        +1

        username checks out

      • nightelves on 21/01/2025 - 09:56
        +2

        Dude are you drunk?

      • BlazedSnake on 21/01/2025 - 10:03

        100,000 ANZ Reward Points (to earn moving forward rather than rinse and recycle cards/sign up bonus) costs approx $66k to accrue. To be clear, I was more just saying that the costs to get points is crazy

        • Azro on 21/01/2025 - 10:15

          You get bonus 100k points after you spend $2000 in the first three months (can be done in one day). Not sure where your $66k come from.

          • BlazedSnake on 21/01/2025 - 10:22
            -1

            @Azro: to earn another 100k points after the sign up bonus,

            • caustic birch on 21/01/2025 - 10:35

              @BlazedSnake: Yeah it's totally not worth it

            • Azro on 21/01/2025 - 11:17

              @BlazedSnake: No one does it that way. You get the bonus and run.

              • BadGiraffe on 21/01/2025 - 12:53

                @Azro: When you say "run"… is there no exit fee even if it's less than a year or whatever? Like phone plans?

                • Azro on 21/01/2025 - 14:21
                  +1

                  @BadGiraffe: You pay annual fee in advance. When you cancel the card, sometimes with some providers you can get pro-rata refund of that annual fee, but that's not guaranteed.

                • Brick50 on 21/01/2025 - 15:22
                  +1

                  @BadGiraffe: Talking shit but you don’t even know what you’re talking about

              • askbargain on 21/01/2025 - 19:20

                @Azro:

                No one does it that way.

                bold statement for someone who hasn't even held a credit card until last year

                • Azro on 21/01/2025 - 19:44

                  @askbargain: I am flattered that my persona has generated so much interest that you took the time to get through my message history.

                  I will make the bold statement again - while you can get 100k points spending $66k, that's not the point of this or any other similar deal.

                  • askbargain on 21/01/2025 - 20:26

                    @Azro: Same can be said for OP’s statement.

  • BlazedSnake on 21/01/2025 - 09:37
    +4

    Another suggestion is that their Black rewards card seem to have a decent deal too, 180,000 Reward Points and $150 cash back plus get more points per $. https://www.anz.com.au/personal/credit-cards/rewards-black/

    • WwDesi on 21/01/2025 - 10:11

      But $375 Annual Fee

      • SirFrankGrimes on 21/01/2025 - 10:42
        +1

        $375 - $150 cashback = $225 annual fee

        • WwDesi on 21/01/2025 - 11:15

          Oh did not see that Thanks

  • Wiadro on 21/01/2025 - 09:42

    how many qantas points

  • Neil2016 on 21/01/2025 - 09:43

    I have a home loan with them. Wonder if they would give me this credit card without going through checking payslips etc..

    • WwDesi on 21/01/2025 - 10:11
      +1

      Nope they still want payslip

    • RTY on 22/01/2025 - 11:54
      +1

      They want payslips and they will still reject you.
      Back in Oct I applied for ANZ QFF platinum. Got the call, asked me everything again from the online form, and then said he will reject, I told him to look at my ANZ home loan and the offset account, and that guy said offset doesn't matter (even if it's fully offset), and also interest income doesnt matter (and asked me to send my income tax return!). I asked to escalate. Got the rejection email.
      A week later the manager called and apologised, he said offset account does matter and approved my application. Got my card in two days.

      I just closed ANZ QFF on Monday and in February I can apply for ANZ Rewards again, might need to go through all these again.

      • Neil2016 on 22/01/2025 - 17:13

        What a story!

      • Tiggrrrrr on 19/02/2025 - 19:30

        They rejected me, then sent a card out. Then tried to charge me a fee for a card I never activated, despite telling them I didn't want the card as I thought they had rejected my application. I still have the physical card for the lols.

        • RTY on 20/02/2025 - 08:51

          I applied for ANZ Rewards black this month and got rejected. Requested callback and the second person said in the system they can only approve a $3k limit. Then I applied for NAB Qantas Signature and got approved, I'll just try ANZ in three months time

  • iMagoo on 21/01/2025 - 09:55
    +4

    ANZ were a PITA last time I cycled cards with them. If you're after Velocity points, NAB has a couple options that IMO are better. Both bonuses are after $1000 spend in first 60 days.

    $95 annual fee (first year), 60000 Velocity points. https://www.nab.com.au/personal/credit-cards/nab-rewards-car…

    $45 annual fee (first year), 40000 Velocity points (2:1 transfer from NAB rewards).
    https://www.nab.com.au/personal/credit-cards/nab-rewards-car…

    • Mugsy on 21/01/2025 - 12:20

      I got this ANZ card in July last year… was expecting a PITA process but it was surprisingly straight forward. I made my spend, got the points, and immediately cancelled and jumped on the Velocity Flyer 60k + bonus 30k offer which turned out to be a long, drawn out process to get the 30k points.

      Currently still have that Velocity Flyer card as I continued using it whilst my Bendigo Ready was taking forever to be approved, and now my wife is overseas and I have some of her direct debits coming off the Velocity Flyer so I cannot cancel it till she comes back and I set up a new Macquarie bank account for her pay and direct debits to be linked to.

      But agree that both those NAB offers are better for Velocity points. If I was able to cancel the Velocity Flyer, I'd jump on the $45 annual fee NAB card as cost effective addition.

  • ham0718 on 21/01/2025 - 10:08
    +3

    Beware YMMV actually getting the points. I currently have one of these, and it's been more than 4 months since I met the minimum spend and they still haven't credited the bonus points. Support is absolutely useless. Have been passed between the credit card team, the rewards team, the mobile app support team and and spent over 90min on the phone last week with absolutely no one able to help. Currently have some sort of complaint in with them with will take 5-7 business days for someone to contact me about. Never again.

    • adrianhughes1998 on 21/01/2025 - 10:11
      +2

      AFCA time, had a similar situation happen a few months ago.

    • Transient on 21/01/2025 - 14:52

      Happened to me too. When I called up to enquire they said could take up to 3 months to appear. I called 3 mths later and was told the link had been sent to me via SMS about 3 mths ago. Never appeared on my phone. They finally emailed me the link. Too much trouble for me so I don't apply for their cards anymore. YMMV.

      • limetree1 on 06/02/2025 - 16:07

        Did you get the points eventually ?

        • Transient on 06/02/2025 - 22:10

          Yes. After calling them several times they emailed me a link to access the gift cards.

  • Rifty6210 on 21/01/2025 - 10:22
    +4

    FYI it is possible to get a pro-rata refund on the annual fee. Was approved last month and met the min spend 3 weeks later. Cancelled the card and ended up paying about $13 for 60k velocity.

    • limetree1 on 06/02/2025 - 16:08

      I can’t even get to customer service for creating new CarN number. One hour wait and no answer

      Did you get bonus points 3 weeks after the minimum spend? Some people seem to not get the points even after 3 months.

      • Rifty6210 on 06/02/2025 - 17:40

        I received an email about a week after I hit minimum spend. The email had a unique voucher and a redemption link which I used to redeem the bonus points.

        • limetree1 on 10/02/2025 - 07:24

          Thanks. This is a different way of getting bonus points. Other card will just credit it without telling us.

          • Mugsy on 10/02/2025 - 10:52

            @limetree1: It's something to do with the ANZrewards website from memory: https://www.anzrewards.com/

            Pretty sure that when I signed up, they actually gave some instructions so I was able to link my Velocity number there in advance. Check your correspondence from ANZ.

  • cerealsmok3r on 21/01/2025 - 10:32

    Ooh decent deal

  • Moo Deng on 21/01/2025 - 16:06

    If you held ANZ Frequent Flyer Black in the past 12 months would that make you ineligible to receive the bonus points from this deal? Or are they two different streams of cards?

  • Drakesy on 21/01/2025 - 18:33
    +1

    Get the ANZ black if you can.

  • Flapjack Fire on 22/01/2025 - 20:20

    Heads up; 44 day interest free, not 55 as per the post

  • limetree1 on 25/01/2025 - 17:39

    Is the 3 months counted from card approval or activation?

    I have another card that I need to meet spending criteria. I’m thinking of activating this card later once it’s approved so that the 3 months started counting later.

    • Mugsy on 26/01/2025 - 08:53

      I don't know a single bonus points scheme that starts from card activation… usually they're from approval (i.e. clock starts ticking before you even receive the physical card) but rather than take the advice of a stranger on the internet, I recommend calling ANZ to confirm or reading the T&Cs.

      What I would be more concerned about is the period of time since you last got approved for a credit card. If you have another card to meet the spending criteria on, that to me sounds like you've only recently gotten the card. If ANZ feels it's been too soon since your last application, they will decline your ANZ Rewards Platinum application. The soonest I've managed to open another credit card is about 6 weeks since the previous approval. Note that wasn't with ANZ. In fact, the only credit card I've been declined on was ANZ at about 3.5-4 weeks.

  • limetree1 on 06/02/2025 - 16:01

    I got the card now but as a new anz customer, I need to call and get CRN number so that I can log into internet banking.

    Their line is always busy. I called twice and each time waited over an hour but still couldn’t connect.

    Is it possible to get CRN from branch ? Customer service is so poor.

    • GoIdDigger on 21/02/2025 - 08:51

      I had the same experience and it was incredibly inconvenient. Yes, you can attend f2f for that

Login or Join to leave a comment
Login Join