You will be on your way to rewards goodness faster with an ANZ Rewards Black card in your wallet. You can bag 2 points for every $1 spent, up to the first $5,000 spent each month, then 1 point on every $1 spent after that.
The standard interest rate of the Rewards Black card is 18.79% p.a. but if you pay off your balance in full each month you will get up to 55 days interest free.
The annual fee is a steep $375, so you'll need to make sure you are getting value from the card's added extras such as the overseas travel insurance, unlimited access to participating airport lounges, personal concierge, rental car excess cover, and the Visa Entertainment program.
As far as the rest of the rewards program goes, the ANZ Rewards Black offers you the most flexibility. You can choose to use your points to redeem flights, shopping rewards or cash back. Plus, after your first eligible purchase within 3 months of getting the card and you'll also score 75,000 Rewards Points and $100 cashback - not too shabby!
The insurances that come standard with the card are second to none, and include extended warranty, 90 day purchase security and best price guarantee - which is why it was award a 2017 Mozo Experts Choice Award for Credit Card Complimentary Insurances. You can also use Visa payWave for purchases under $100.
If you are using the ANZ Rewards Black overseas, keep in mind there is a 3% foreign exchange margin.
Keep in mind, eligibility criteria, T&Cs, fees and charges apply.