Purchase rate
20.24% p.a.
Balance transfer rate
No current offer
Annual fees
$95
Interest free days on purchases
55

Mozo editorial review ANZ Frequent Flyer - last updated: 20 October 2020

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What's hot
  • 25,000 bonus Qantas Points (conditions apply)
  • 55 interest free days on purchases
  • Multiple payment options, such as: Apple Pay, Google Pay, Samsung Pay, Garmin, Fitbit
What's not
  • Additional cardholder fee
  • $95 annual fee
Mozo snapshot

ANZ Frequent Flyer can rack up a tonne of Qantas Points with this piece of plastic. You'll receive 25,000 bonus Qantas Points after you've spent $1,000 on eligible purchases within the first 3 months. Plus, if you aren't already a member of the Qantas Frequent Flyer Program you'll get complimentary membership!

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Key features

The ANZ Frequent Flyer Credit Card is a Visa card, complete with PayWave functionality and plenty of rewards points on offer. Qantas Points you earn are automatically credited to Qantas Frequent Flyer program every month, and earned on a tiered basis. That means, you'll score 0.5 Qantas Points per $1 spent up to $500 per statement period, then 0.25 points uncapped afterwards.

There's a $95 annual card fee and the standard purchase rate for the ANZ Frequent Flyer card is 20.24% p.a. so this is not a card to accrue debt on. If you pay off your balance in full each statement period you'll get up to 55 interest-free days. 

You can have extra cards on the account to help you accrue rewards faster but unlike some rewards cards that don't charge for extra cardholders, with the ANZ Frequent Flyer, you'll be charged an annual fee of $65 per additional cardholder.

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Who is it good for

This is a good reward credit card if you want to redeem your points on Qantas flights. And to get your hands on it, you'll just need to be 18 or over, and be a permanent Australian resident or a non-permanent resident with more than 9 months remaining on your Visa.

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Any catches

Late repayments will set you back a $20 fee. Plus, avoid using the card to take out cash, as the cash advance rate is 20.24% p.a.

Rewards program details

Rates and fees information correct as at 28 September 2021. 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

19,010 points

$100 Cash

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Points earning

0.5 points per dollar on Visa, up to $500 per month, then
0.25 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.

Special offers

Receive 25,000 bonus Qantas Points if you spend $1,000 on eligible purchase in the first 3 months.

Value of rewards points

Spend $70,040 (Visa)

Spend $26,000 (Visa)

Spend $435,600 (Visa)

Uncapped

Never

How do we calculate these points?
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

$95.00

none

none

$0.00

$20.00

2%

3.00%

$0.00

$0.00

$65.00

Features

$25.00

2.0

3

none

Payment options

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

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