ANZ Platinum

19.74% p.a.

0% p.a. for 18 months and then 21.49% p.a. (2.00% balance transfer fee)

$87 $0 when you spend over $20,000 p.a, $0 in the first year

ANZ Platinum Review

Rates and fees information correct as at 22 June 2018.

Review published: 1 February 2012

What's hot:

  • $0 annual fee in the first year

  • 0% balance transfer offer for 18 months (2% Balance Transfer fee)

  • Mozo Experts Choice Award 2017

What's not:

  • 21.49% cash advance rate

Mozo snapshot:

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. It's also a good option if you currently have some debt that you would like to clear, as there's a 0% balance transfer offer for the first 18 months (with a 2% Balance Transfer fee). Awarded a Mozo Experts Choice Award 2017 for best Premium Balance Transfer Credit Card, the $87 annual fee makes it one of the best value low fee platinum cards in the market.  

Key features:

With the ANZ Platinum credit card you'll get a generous 55 interest free day period on new purchases as long as you pay the balance in full each month.

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 offer isn't available to existing ANZ credit card customers and it reverts to the high cash advance rate of 21.49% after the BT period comes to an end. 

How are ANZ credit cards rated by the Mozo community?

Product Type Overall Rating Price Features Service Convenience Trust
6.9

Based on 1932
ANZ credit cards reviews

5.9 6.1 7.0 7.5 7.2

Read ANZ credit card reviews by the Mozo community

Latest reviews of ANZ Platinum

ANZ

ANZ Platinum credit card review

Overall rating   6 / 10

Convenient.

They provide convenient service.

Full review

They provide convenient service.

    Price   4 / 10

    Features   6 / 10

    Customer service   4 / 10

    Convenience   7 / 10

    Trust   6 / 10

Less

Tui (QLD), reviewed 3 months ago

ANZ

ANZ Platinum credit card review

Overall rating   8 / 10

Overall very good

I have been with ANZ Bank for a few years now and they have taken very good care of me and my needs.

Full review

I have been with ANZ Bank for a few years now and they have taken very good care of me and my needs.

    Price   5 / 10

    Features   6 / 10

    Customer service   8 / 10

    Convenience   8 / 10

    Trust   6 / 10

Less

Veronca (NT), reviewed 3 months ago

ANZ

ANZ Platinum credit card review

Overall rating   9 / 10

Okay

I am very happy with this bank, I have been with ANZ since 1976.

Full review

I am very happy with this bank, I have been with ANZ since 1976.

    Price   10 / 10

    Features   8 / 10

    Customer service   6 / 10

    Convenience   5 / 10

    Trust   9 / 10

Less

Joanne (QLD), reviewed 4 months ago

ANZ

ANZ Platinum credit card review

Overall rating   9 / 10

Excellent overall service

Excellent overall service. Quick to respond to issues!

Full review

Excellent overall service. Quick to respond to issues!

    Price   7 / 10

    Features   4 / 10

    Customer service   10 / 10

    Convenience   7 / 10

    Trust   8 / 10

Less

Paul (QLD), reviewed 6 months ago

ANZ

ANZ Platinum credit card review

Overall rating   2 / 10

ANZ fail to reduce rates

They also never inform you of a better deal even when you always pay on time.

Full review

They also never inform you of a better deal even when you always pay on time.

    Price   0 / 10

    Features   / 10

    Customer service   / 10

    Convenience   / 10

    Trust   / 10

Less

Phil (QLD), reviewed about 1 year ago

Mozo may receive a payment from financial providers listed on the site. Customer reviews are in no way affected by any commercial relationships Mozo has with providers. Reviewers may receive a voucher from Mozo in exchange for their review. Vouchers are given to all reviewers who meet our review guidelines regardless of the sentiment of their reviews.

Rates

  • 19.74% p.a.

  • none

  • 0% p.a. for 18 months and then 21.49% p.a. (2.00% balance transfer fee)

  • yes

  • 21.49% p.a.

  • 55

Fees

  • $87.00

  • $0 in the first 1 year

  • 20000

  • $0.00

  • $20.00

  • 2%

  • 3.00%

  • $0.00

  • $0.00

  • $0.00

Other financial bits

  • $25.00

  • 2.0

Features

  • 9

  • none

  • 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.

**Saving based on the average difference in fees and charges over 3 years between the most competitive product Mozo can refer a consumer to and the average credit card product input by 6,863 consumers (average balance of $4,262 or balance transfer balance of $5,818, interest rate of 19.6% and annual fee of $36.50) who used the Mozo Credit Card Health Check tool between 1 January 2012 to July 2012.

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