ANZ Frequent Flyer Black

20.24% p.a.

No current offer

$425

Qantas Frequent Flyer

ANZ Frequent Flyer Black

20.24% p.a.

No current offer

$425

Qantas Frequent Flyer

Mozo Review   ANZ Frequent Flyer Black Review

Last updated: 27 March 2020.

What's hot:
  • 2019 Mozo Experts Choice Award-winner

  • 2 Qantas Club Lounge visits each year

  • 120,000 bonus Qantas Points and $275 back (spend of $4,000 in the first three months)

What's not:
  • $425 annual fee

  • 20.24% p.a. cash advance fee

Mozo snapshot:

Frequent flyer junkies have met their match with the Frequent Flyer Black Credit Card from ANZ, which took out a 2019 Mozo Experts Choice Award for best Premium Card Benefits. 

Cardholders will be able to earn 1 Qantas Point per $1 for the first $7,500 you spend in a month. Plus, they'll get 1 additional Qantas Point per $1 spent on selected Qantas products and services in Australia and a bonus 120,000 Qantas Points and $275 back after spending $4,000 on eligible purchases within the first three months. These points never expire and are uncapped, so store them away for a rainy day!

Key features:

The ANZ Frequent Flyer Black comes with a mammoth $425 annual fee. Thankfully that's balanced by some eye-catching inclusions for the frequent flyer and big spender. For starters, if you're a new Qantas Frequent Flyer member, you won't have to pay the one-off joining fee, saving you $99.50.

When it comes to points, for the first $7,500 you spend each month, you'll earn 1 Qantas Point for every $1 you spend but keep in mind that after you hit that spending limit, you'll only earn 0.5 points per $1 for the rest of the month.

You'll get 2 la-di-da Qantas Club Lounge visits each year, perfect for when you just want to kick back and relax after a long flight. There's also plenty of premium features - including international travel insurance and personal concierge. 

Shopaholics can rest easy with a 12 month extended warranty for most major purchases. You'll also get purchase protection insurance against theft, loss and accidental damage on most purchases. Bargain hunters, let's not forget a guaranteed pricing scheme helping you to hunt down the best price on your purchases made in Australia.

You'll also get awesome Visa entertainment options, providing you with access to special events, exclusive merchandise packages and home entertainment products.

Keep in mind, this is for someone who pays off their credit card in full each month due to the high 20.24% standard interest rate but you do get up to 55 interest-free days. And if you make purchases overseas you'll have to pay the 3% foreign exchange margin.

Who it's good for:

There are a few things you need to tick off the list to be eligible for the ANZ Frequent Flyer Black, such as you must be over 18 and a permanent Australian resident or a non-permanent resident with more than 9 months remaining on your Visa. But primarily you have to love jet-setting or shopping...or both!

Any catches?

While you have the flexibility to add up to 9 additional ANZ Frequent Flyer Black Credit Cardholders to your account - Uncle Bob and Aunty Fanny are sure to love - there's an additional $65 card fee.

Rewards program details

Rates and fees information correct as at 10 April 2020. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
What your points get you

Fly Sydney to London return

110,400 points

Fly Sydney to Melbourne one-way

8,000 points

$100 Giftcard

18,690 points

$100 Cash

-

Points earning

1 point per dollar on Visa, up to $7,500 per month, then
0.5 points per dollar on Visa, uncapped

Rewards scheme

Points are automatically credited to the Qantas Frequent Flyer program.

All rewards are redeemed via Qantas Frequent Flyer.

Bonus points earned at a range of bonus partners including Qantas.

2 complimentary Qantas Club Lounge invitations each year. Save $99.50 with the joining fee waived for ANZ Frequent Flyer credit cardholders on a new Qantas Frequent Flyer membership.

Special offers

Receive 120,000 bonus Qantas Points and $275 back if you spend $4,000 on eligible purchases in the first 3 months.

Value of rewards points

Spend $18,690 (Visa)

Spend $8,000 (Visa)

Spend $130,800 (Visa)

Uncapped

Never

How do we calculate the rewards?

To work out the "Rewards value minus fees" in our Rewards Revealer we:

  • calculate how many points you'd get each year,

  • figure out how many flights or gift cards or cashback credits you could get for those points,

  • work out what that's actually worth to you,

  • take off the annual fee you'd pay.

More details:

  • Our calculations are designed to help you compare the value of different rewards schemes. To do this, we've looked at earning a one-way Sydney-Melbourne flight excluding taxes and charges, a return Sydney-London flight excluding taxes and charges, a $100 shopping Gift Card and $100 cashback. Most cards will also offer other rewards, which may be worth more or less than the ones we've shown.

  • We have made no allowance for bonus points for using your card at specific merchants, introductory offers or special offers. We have not assigned any value to instant discounts, insurances, ticketing and concierge services or other such benefits.

  • Rewards value calculations do not take credit card interest into account. If you do not pay off your card each month you may be better off looking for a card based on interest rates than on the value of rewards.

  • In products that have more than one card, a different mix of spend between American Express / Visa / Mastercard will give different results. Mozo's Rewards Revealer lets you choose the mix based on the way you would use such a product, and gives you tailored results.

  • We assume flights purchased with airline points are 'classic' or 'reward' economy seats with restricted seat availability. 'Any seat' rewards will probably cost more.

  • To compare the value of flight rewards, we sample online retail flight prices once a quarter based on the average price on a Wednesday 3 months in advance but outside NSW school holidays. For domestic flights we take the lowest available fare from each flight on that day from Qantas Red e-deal, Virgin Australia Saver including baggage and Jetstar Starter including baggage. We calculate the average price excluding taxes and surcharges for each airline, and also the average across all airlines (which we use when rewards are travel agent vouchers). For international flights, we take the lowest available fares on that same Wednesday from each of Qantas, Emirates, Malaysian, Etihad, Singapore, Cathay Pacific and Thai, assuming a return flight 2 weeks later, calculate the average price before taxes and surcharges and use this as our assumed cost of a flight on any airline.

  • Shopping rewards are based on $100 gift cards from a major national department store.

  • We make every effort to ensure our calculations are correct and up to date but make no guarantees.

Close

Rate and fee details

Rates
  • 20.24% p.a.

  • none

  • No current offer

  • none

  • 20.24% p.a.

  • 55

Fees
  • $425.00

  • none

  • none

  • $0.00

  • $20.00

  • 2%

  • 3.00%

  • $0.00

  • $0.00

  • $65.00

Features
  • $25.00

  • 2.0

  • 9

  • none

Payment options

Apple Pay, Google Pay, Samsung Pay, Garmin, Fitbit

Rewards privileges

Concierge,
Extended Warranty,
Purchase Protection,
Guaranteed Pricing Scheme,
International Travel Insurance

Other benefits

$275 back to your card after you spend $4,000 on eligible purchases in the first 3 months.

Customer Reviews

How are ANZ credit cards rated by the Mozo community?

Overall customer rating
6.7/10

Based on 6142 ANZ credit card reviews

Price
5.7/10
Features
5.9/10
Customer service
6.7/10
Convenience
7.5/10
Trust
6.9/10

Latest reviews of ANZ Frequent Flyer Black

  • Overall 7/10
    Expensive but good if you want Qantas-linked card

    A handy product but very pricy for what it offers. Qantas linked cards now are rare though, so this is a good option if you can afford it.

    Read full review

    A handy product but very pricy for what it offers. Qantas linked cards now are rare though, so this is a good option if you can afford it.

    Price
    7/10
    Features
    7/10
    Customer service
    -1/10
    Convenience
    -1/10
    Trust
    8/10
    Less
    Rob, New South Wales reviewed 17 days ago
  • Overall 7/10
    Customer service is great.

    Fees are very high for value. Customer service is very good

    Read full review

    Fees are very high for value. Customer service is very good

    Price
    6/10
    Features
    6/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    6/10
    Less
    Tara, Tasmania reviewed 2 months ago
  • Overall 2/10
    Pathetic excuses for knocking back online request.

    I applied online and after having to send my tax returns and life history so I could get the 120,000 Qantas points and first year of fees removed they rejected my application. I have my own successful dental practice which has been going since 1975. I have a substantial share portfolio with the ANZ and quite a bit of cash in ANZ savings accounts. When I questioned the rejection I was continually directed to Indian call centres which had supposedly reviewed my credit card status which indicated I have no borrowings and no credit violations and to my mind there should not have been any reason to reject my application. I already had a Platinum Visa card with the ANZ and I had wanted a card that could generate some Qantas points. I rang the ANZ to find out why my online application rejected my application for the Qantas Black Visa card and was told I could swap my present Visa card for the Black Visa card with them there and then BUT I wouldn't get the 120K flyer points or the first year of fees waived as in the online promotion. WHY!! Pathetic excuses for knocking back my online request.

    Read full review

    I applied online and after having to send my tax returns and life history so I could get the 120,000 Qantas points and first year of fees removed they rejected my application. I have my own successful dental practice which has been going since 1975. I have a substantial share portfolio with the ANZ and quite a bit of cash in ANZ savings accounts. When I questioned the rejection I was continually directed to Indian call centres which had supposedly reviewed my credit card status which indicated I have no borrowings and no credit violations and to my mind there should not have been any reason to reject my application. I already had a Platinum Visa card with the ANZ and I had wanted a card that could generate some Qantas points. I rang the ANZ to find out why my online application rejected my application for the Qantas Black Visa card and was told I could swap my present Visa card for the Black Visa card with them there and then BUT I wouldn't get the 120K flyer points or the first year of fees waived as in the online promotion. WHY!! Pathetic excuses for knocking back my online request.

    Price
    -1/10
    Features
    7/10
    Customer service
    0/10
    Convenience
    -1/10
    Trust
    0/10
    Less
    Bill, Western Australia reviewed about 2 months ago
  • Overall 0/10
    Would change if I could.

    Interest rate is too high.

    Read full review

    Interest rate is too high.

    Price
    0/10
    Features
    1/10
    Customer service
    3/10
    Convenience
    5/10
    Trust
    1/10
    Less
    Saroj, Victoria reviewed 4 months ago
  • Overall 9/10
    Good frequent flyer incentives.

    Simple and fast application process, decent frequent flyer points incentive although the interest rate is on the higher end.

    Read full review

    Simple and fast application process, decent frequent flyer points incentive although the interest rate is on the higher end.

    Price
    6/10
    Features
    8/10
    Customer service
    8/10
    Convenience
    10/10
    Trust
    10/10
    Less
    Jacqueline, New South Wales reviewed 4 months ago
ANZ

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 App, it's easier to do banking on the go.

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