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ANZ Frequent Flyer Black

Purchase rate
20.24% p.a.
Balance transfer rate
No current offer
Annual fees
$425
Interest free days on purchases
55

Mozo editorial review ANZ Frequent Flyer Black

Last updated: 22 June 2020.

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What's hot
  • 2019 Mozo Experts Choice Award-winner
  • 2 Qantas Club Lounge visits each year
  • 100,000 bonus Qantas Points, 75 bonus Status Credits and $150 back (spend of $3,000 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 spent in a month. Beyond that amount, you can still score 0.5 points per $1 in each statement period. For extra joy, you'll get a bonus 100,000 Qantas Points, 75 bonus Status Credits, and $150 back after spending $3,000 on eligible purchases within the first three months. These points are uncapped and only expire after 18 months of inactivity, so as long as you're using the card you can store them away for a rainy day!

New card. Limited time. Spend and eligibility criteria, T&Cs, fees and charges apply (including an annual fee, currently $425).

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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. After you hit that spending limit, you'll only earn 0.5 points per $1 for the rest of the month. 

But there are more bonus points to be earned. You'll snare an extra 100,000 Qantas Points, plus 75 bonus Status Credits and $150 back after spending $3,000 on eligible purchases within the first three months from approval. And if you keep the card open for more than 12 months, you'll receive an additional 30,000 bonus Qantas Points. This second rewards scheme helps you move up the benefits chain and actually enables you to earn more Qantas Points for each eligible flight.

You'll get two 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. Plus if you are looking to apply for this prestigious piece of plastic, there is a $15,000 minimum credit requirement. Finally, if you make purchases overseas you'll have to pay the 3% foreign exchange margin. 


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Who is it 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!

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Any catches

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

Rewards program details

Rates and fees information correct as at 13 August 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

18,010 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 100,000 bonus Qantas Points and $150 back if you spend $3,000 on eligible purchases in the first 3 months. Receive an additional 30,000 bonus Qantas Points after the first year.

Value of rewards points

Spend $18,010 (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

$150 back to your card after you spend $3,000 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 6193 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

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    Good frequent flyer points.

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    ANZ - quick and easy application process and good frequent flyer points.

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    James, Western Australia reviewed 2 days ago
  • Overall 4/10
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    Nat, Victoria reviewed about 2 months ago
  • Overall 8/10
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    It's one of the big banks. Credit Card offers attractive reward system. Easy application and set-up via online. Friendly staff at branch.

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    It's one of the big banks. Credit Card offers attractive reward system. Easy application and set-up via online. Friendly staff at branch.

    Price
    6/10
    Features
    9/10
    Customer service
    5/10
    Convenience
    8/10
    Trust
    7/10
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    Julie, Western Australia reviewed about 2 months ago
  • Overall 8/10
    Great customer service

    This bank has been great to work with! Just be careful of the expensive interest charges.

    Read full review

    This bank has been great to work with! Just be careful of the expensive interest charges.

    Price
    7/10
    Features
    7/10
    Customer service
    7/10
    Convenience
    9/10
    Trust
    6/10
    Less
    Gemma, Queensland reviewed 2 months ago
  • Overall 9/10
    Excellent points earner. Watch for the annual fee

    It's a great credit card. It's with a major bank as well, so it's easier to manage. Great sign on bonus. Just be aware of the annual fee, then the annual additional cardholder fee, and the qantas frequent flyer rewards program enrolment annual fee. If you can package this card with your homeloan most of these fees will be waived.

    Read full review

    It's a great credit card. It's with a major bank as well, so it's easier to manage. Great sign on bonus. Just be aware of the annual fee, then the annual additional cardholder fee, and the qantas frequent flyer rewards program enrolment annual fee. If you can package this card with your homeloan most of these fees will be waived.

    Price
    7/10
    Features
    10/10
    Customer service
    8/10
    Convenience
    10/10
    Trust
    10/10
    Less
    James, Victoria reviewed 3 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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