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  • ANZ Platinum

    • Platinum card from ANZ
    • 19.24%

    • 0.00% for 6 months

    • $87.00

    • 55

    ANZ Platinum Review

    Review published: 1 February 2012

    What's hot:

    • 0% on purchases and balance transfers (first 6 months)
    • No annual fee (first year)
    • Full range of complimentary insurances

    What's not:

    • 20.99% cash advance rate

    Mozo snapshot:

    With a crisp 0% balance transfer rate, 0% intro purchase rate for the first 6 months and a desirable $0 annual fee for the first year, the ANZ Platinum card is an enticing offer for any credit card seeker. Although the ANZ Platinum doesn’t come with rewards points, the credit card makes up for it with travel benefits, complimentary insurances, platinum concierge and other services such as eDine, ANZ wine club and Visa entertainment.

    Key features: The 0% balance transfer and intro rate for 6 months is a great offer for anyone hoping to save a bunch on interest. Once the intro rate period ends, the standard purchase rate is 19.24% but there is a generous 55 interest free day period as long as you pay the balance in full each month.

    There are also travel benefits with the ANZ Platinum credit card. If you spend over $500 in one transaction on travel related expenses such as airlines, hotels, travel agents and online travel bookings you can get a reduced interest rate of 9.99%. After the purchase has gone through simply call ANZ and organise the discounted rate or take up the installment option. You can choose monthly repayments of instalments over 6, 12 or 18 months at the reduced interest rate of 9.99% p.a.

    After the first year there is an annual fee of $87 but you can get this waived if you make at least $20,000 worth of eligible purchases in the previous year. This might seem like a lot to have to spend to save on an annual fee but you can get up to nine additional card holders free on the card to help out with the spending!

    The complimentary insurances included with the ANZ Platinum card are truly high end. You'll receive essential overseas travel and medical insurance, car rental cover, 90 days purchase security insurance, extended warranty and interstate flight inconvenience insurance. And the Visa entertainment feature will introduce you to the exciting world of special events (Fashion Week Australia), exclusive merchandise packages and home entertainment products.

    Who it's good for: You must earn a minimum of $50,000 and be an Australian citizen to apply for the ANZ Platinum card. It is a great credit card for travellers or entertainment seeks who want access to travel and special entertainment events.

    Any catches? The balance transfer and purchase rate offer isn't available to existing ANZ credit card customers.

    How are ANZ credit cards rated by the Mozo community?

    Product Type Overall Price Features Service Convenience Trust
    ANZ credit cards 6.5 Based on 719
    ANZ credit card reviews
    5.7 6.0 6.5 7.4 6.8

    Read ANZ credit card reviews by the Mozo community

    Latest review of ANZ

      • ANZ Platinum

        ANZ First

        Show Rates

        A Bank you look forward to going to, very friendly

          1. Overall customer rating
          2. (Reviewed 12 days ago)

        This credit card is one card you can use anywhere in the world. We have found it to be convenient, safe and trustworthy.       Full review 

        This credit card is one card you can use anywhere in the world. We have found it to be convenient, safe and trustworthy.


          1. Price
          1. Features
          1. Service
          1. Convenience
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        ANZ credit card review by Valerie from Victoria

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    Rates

    Purchase rate
    19.24%
    Intro purchase rate
    0.00% for 6 months
    Balance transfer rate
    0.00% for 6 months
    Balance transfer term
    6 Months
    Balance transfer revert to cash
    none
    Cash advance rate
    20.99%
    Interest free days
    55

    Other financial bits

    Minimum repayment amount
    $10.00
    Minimum repayment percent
    2.0

    Fees

    Annual card fee
    $87.00
    Introductory fee
    $0 in the first 1 year
    Annual fee spend threshold
    20000
    Reward program fee
    $0.00
    Late payment fee
    $20.00
    Overlimit fee
    $20.00
    Cash advance fee
    $2%
    Foreign exchange margin
    3.00%
    Duplicate statement fee
    $0.00
    Transaction verification fee
    $0.00
    Additional card fee
    $0.00
    Establishment fee
    $

    Features

    Additional cardholders
    9
    Other restrictions
    none
    Other benefits
    none

    About ANZ

    ANZ is one of the largest companies in Australia and New Zealand, with a history that stretches back over 170 years. The bank offers a range of banking and financial products to more than 5.7 million retail customers, including home loans, credit cards and debit cards, personal loans, savings and banking accounts and personal insurance. And now, with its new mobile banking application, ANZ goMoney, it’s easier to do banking on the go.

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