Rewards Black card image
Mini meca 2023

ANZ Rewards Black

Advertiser disclosure
Purchase rate
20.99% p.a.
Balance transfer rate
No current offer
Annual fees
$375
Interest free days on purchases
55

Mozo editorial review ANZ Rewards Black - last updated: 22 February 2024

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What's hot
  • 2023 Mozo Experts Choice Award
  • 180,000 Reward Points and $150 cashback when you spend $3,000 on eligible purchases in the first 3 months
  • ANZ's highest rewards earn rates
What's not
  • $375 ongoing annual fee
Mozo snapshot

If you're after a slick addition to your wallet, the 2023 Mozo Experts Choice Award-winning Rewards Black credit card from ANZ could be worth considering. It comes with ANZ's highest rewards earn rates (2 Reward Points per $1 up to $5,000 per statement period, then 1 point per $1 afterward), and complimentary international and domestic travel insurance. There's also 180,000 bonus Reward Points ad $150 Cashback on offer after you spend $3,000 on eligible purchases in the first 3 months.

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Key features

You will be on your way to rewards goodness faster with an ANZ Rewards Black card in your wallet. You can bag 2 Reward Points for every $1 spent, up to the first $5,000 spent each statement period, then 1 point on every $1 spent after that.

The standard interest rate of the Rewards Black card is 20.99% p.a. but if you pay off your balance in full each statement period 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 domestic and international travel insurance, personal concierge, 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 Reward Points to redeem flights, shopping rewards or cash back. Plus, after $3,000 of eligible purchases spend within 3 months of getting the card and you'll also score 180,000 Reward Points and $150 Cashback - not too shabby!

The insurances that come standard with the card are second to none, and include extended warranty, purchase protection and a guaranteed pricing scheme - which is why it was award 2023 Mozo Experts Choice Awards for best Premium Card Benefits. 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.
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Who is it good for

The ANZ Black is a good rewards card any permanent Australian resident or a non-permanent resident with more than 9 months remaining on their Visa, who is over 18 years of age with a good credit rating who will regularly use the Card's 'complimentary extras' and pay off their balance in full each statement period.


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Any catches

Reward Points are tiered so you'll earn less after the first $5,000 spend - and they do expire after 36 months. So unless you are spending lots of money on the card each month, be careful storing your points for that free flight to London or they could expire before you get to take off.

Rewards program details

Rates and fees information correct as at 16 July 2024. 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

239,200 points

Fly Sydney to Melbourne one-way

15,600 points

$100 Giftcard

22,225 points

$100 Cash

25,000 points

Points earning

2 points per dollar on Visa, up to $5,000 per month, then
1 point per dollar on Visa, uncapped

Rewards scheme

Transfer points to a range of airline programs or redeem your points for travel, gift cards, retail rewards and shopping gift cards.

Points can be redeemed via various programs including Velocity Frequent Flyer, Cathay Pacific, Airpoints and Singapore Airlines KrisFlyer

Earn bonus points at over 30 bonus partners.

Special offers

Receive 180,000 bonus Reward Points and $150 cashback if you spend $3,000 on eligible purchase in the first 3 months.

Value of rewards points

Spend $12,500 (Visa)

Spend $11,113 (Visa)

Spend $7,800 (Visa)

Spend $179,200 (Visa)

Uncapped

36 months

How do we calculate these points?

Rate and fee details

Rates

20.99% p.a.

none

No current offer

none

21.99% p.a.

55

Fees

$320.00

none

none

$55.00

$20.00

3.0%, Min $3.00

3.00%

$0.00

$0.00

$65.00

Features

$25.00

2.0

9

none

Payment options

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

Rewards privileges

Concierge,
Commission-free,
Travellers,
Cheques,
Extended,
Warranty,
Purchase,
Protection,
International,
Travel,
Insurance,
Domestic,
Travel,
Insurance

Customer Reviews

How are ANZ credit cards rated by the Mozo community?

Overall
7.1/10
Price
5.7/10
Features
5.9/10
Customer service
6.7/10
Convenience
7.5/10
Trust
6.9/10
Based on 6324 ANZ credit card reviews as rated by the Mozo customers. More about the Mozo Customer Ratings.
Mozo recommends that ratings are only one factor to be taken into account when deciding whether to take up any financial product offer.

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