ANZ Rewards Platinum
ANZ Rewards Platinum
Mozo Review ANZ Rewards Platinum Review
Last updated: 2 October 2019.
What's hot:
Mozo Experts Choice Awards Winner 2017
50,000 ANZ Reward Points and $50 back when you spend $2,000 on eligible purchases in the first 3 months
2018 Mozo Experts Choice Winner
What's not:
Late repayment fee
Mozo snapshot:
If you are after a premium rewards card for your premium spending the ANZ Rewards Platinum credit card has a lot to offer, especially considering it was awarded a 2018 Mozo Experts Choice Award for Best Premium Card Benefits. Plus once you spend $2,000 on eligible purchases in the first 3 months, you'll receive 50,000 bonus ANZ Reward Points.
Key features:
With the ANZ Rewards Platinum Card, you'll bag 1.5 ANZ Reward Points per $1 on the first $2,000 you spend each month. After that, the earn rate will drop down to 0.5 per $1.
Reward Points are redeemed through the ANZ reward program. You spend your rewards on a wide range of items from flights, shopping, merchandise and cash back. You can choose to have an additional card holder attached to the account to help you accrue Reward Points faster but this will cost an extra $65.
The annual card fee of $95 and a standard interest rate of 20.24% for purchases but you get up to 55 interest free days. There is a 3% foreign exchange margin on all transactions made overseas whether made in person or online.
As a premium card you get a number of premium services such as 24/7 concierge, access to eDine (special dining and hotel offers as 2000 establishments), complimentary membership to Visa Entertainment and the ANZ wine club. In fact, the premium benefits offered with the card is why it was awarded a 2018 Mozo Experts Choice award.
In addition there are the six complimentary insurances that will cover your lifestyle including international travel insurance, a guaranteed pricing scheme, extended warranty, purchase protection insurance, interstate flight inconvenience and rental vehicle excess insurance (in Australia).
Keep in mind, eligibility criteria, T&Cs, fees and charges apply.
Who it's good for:
The ANZ Rewards Platinum card is a great rewards choice for people who don't want to be locked into an airline only program for their rewards choices and will get the most out of the annual fee by taking advantage of the travel and entertainment privileges that come standard with the card.
To hold the card, you'll 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.
Any catches?
Just be sure to automate your repayments or you'll be up for a $20 late payment fee.
Rewards program details
Rates and fees information correct as at 18 October 2019. 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
1.5 points per dollar on Visa, up to $2,000 per month, then
0.5 points 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.
You can get flights via Velocity, Air New Zealand or KrisFlyer.
Earn bonus points at over 30 bonus partners.
Special offers
Receive 50,000 bonus Reward Points and $50 back if you spend $2,000 on eligible purchase in the first 3 months.
Value of rewards points
Spend $16,667 (Visa)
Spend $14,817 (Visa)
Spend $10,400 (Visa)
Spend $430,400 (Visa)
Uncapped
36 months
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.
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
-
9
-
none
Payment options
Apple Pay, Google Pay, Samsung Pay, Garmin, Fitbit
Rewards privileges
Concierge,
Commission-free Travellers Cheques,
Extended Warranty,
Purchase Protection,
Guaranteed Pricing Scheme,
International Travel Insurance
Other benefits
$50 back to your card after you spend $2,000 on eligible purchases in the first 3 months.
Customer Reviews
How are ANZ credit cards rated by the Mozo community?
Latest reviews of ANZ Rewards Platinum
- Overall7/10
Extremely convenient
Their credit card is easy to use and the conditions are easy to understand.
Read full review
Their credit card is easy to use and the conditions are easy to understand.
Price8/10Features8/10Customer service9/10Convenience10/10Trust7/10Less
Matilda | Northern Territory
reviewed 11 months ago
- Overall9/10
Good price and rewards for 1st year
The annual fee is only worth it for the 1st year with their rewards special. Afterwards it's...
Read full review
The annual fee is only worth it for the 1st year with their rewards special. Afterwards it's actually quite pricey.
Price6/10Features8/10Customer service8/10Convenience10/10Trust10/10Less
Long | South Australia
reviewed almost 4 years ago
- Overall8/10
Good rewards credit cards
You get 2 cards. 1 Amex and 1 Visa. Amex to use to get more points and if a store doesn't take...
Read full review
You get 2 cards. 1 Amex and 1 Visa. Amex to use to get more points and if a store doesn't take AMEX you can still collect points by using your visa card. Also the annual fee will be waived if you call them to "discuss".
Price8/10Features10/10Customer service8/10Convenience10/10Trust8/10Less
Pai | New South Wales
reviewed almost 4 years ago
- Overall10/10
Good rewards/points system and security.
Pro: Secure transactions and prompt notification of any suspicious transactions. Pro:Good reward...
Read full review
Pro: Secure transactions and prompt notification of any suspicious transactions. Pro:Good reward points.
Price10/10Features10/10Customer service6/10Convenience10/10Trust10/10Less
Anthea | Victoria
reviewed almost 4 years ago
- Overall7/10
Wonderful product, easy to use
Very happy with the security and convenience of this product.
Read full review
Very happy with the security and convenience of this product.
Price9/10Features9/10Customer service7/10Convenience9/10Trust8/10Less
Geoff | New South Wales
reviewed about 4 years ago
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.
See ANZ credit cards
Promoted
ANZ
First
20.24% p.a.
0% p.a. for 18 months and then 20.24% p.a. (2.00% balance transfer fee)
$30
Promoted
ANZ
Platinum
20.24% p.a.
0% p.a. for 18 months and then 20.24% p.a. (2.00% balance transfer fee)
$87 $0 when you spend over $20,000 p.a, $0 in the first year
Promoted
Qantas Money
Qantas Premier Everyday
0% p.a. for 12 months and then 21.99% p.a.
19.99% p.a.
$49 $29 in the first year
Promoted
Citi
Rewards Platinum Credit Card (Balance Transfer)
0% p.a. for 26 months and then 22.24% p.a. (1.50% balance transfer fee)
21.49% p.a.
$199 $0 in the first year
Promoted
American Express
Qantas Ultimate Card
0% p.a. for 12 months and then 20.74% p.a. (1.00% balance transfer fee)
20.74% p.a.
$450
Promoted
Qantas Money
Qantas Premier Platinum
0% p.a. for 18 months and then 21.99% p.a.
19.99% p.a.
$299 $199 in the first year
Promoted
Virgin Money
Virgin Australia Velocity Flyer Card - Purchase Rate Offer
0% p.a. for 6 months and then 20.99% p.a.
0% p.a. for 14 months then 20.74% p.a.
$129 $64 in the first year
Promoted
Citi
Rewards Platinum Credit Card (Bonus Points)
0% p.a. for 15 months and then 22.24% p.a. (1.00% balance transfer fee)
21.49% p.a.
$149 $49 in the first year
Promoted
Qantas Money
Qantas Premier Platinum
1 point per dollar on Mastercard, up to $10,000 per month, then
0.5 points per dollar on Mastercard, uncapped
19.99% p.a.
$299 $199 in the first year
Promoted
American Express
Qantas Ultimate Card
1.25 points per dollar on Amex, uncapped
20.74% p.a.
$450
Promoted
Citi
Rewards Platinum Credit Card (Bonus Points)
1 point per dollar on Visa, up to $10,000 per month
21.49% p.a.
$149 $49 in the first year
Promoted
Virgin Money
Virgin Australia Velocity Flyer Card - Purchase Rate Offer
0.66 points per dollar on Visa, up to $1,500 per month, then
0.5 points per dollar on Visa, uncapped
20.74% p.a.
$129 $64 in the first year
Promoted
ANZ
Frequent Flyer Black
1 point per dollar on Visa, up to $7,500 per month, then
0.5 points per dollar on Visa, uncapped
20.24% p.a.
$425
Promoted
Qantas Money
Qantas Premier Everyday
0.75 points per dollar on Mastercard, up to $3,000 per month, then
0.4 points per dollar on Mastercard, uncapped
19.99% p.a.
$49 $29 in the first year
Promoted
Citi
Platinum Credit Card (Purchase Rate)
1 point per dollar on Visa, up to $10,000 per month
21.49% p.a.
$149 $49 in the first year
Promoted
American Express
Velocity Escape Card
0.75 points per dollar on Amex, uncapped
20.74% p.a.
$0
Promoted
Citi
Rewards Platinum Credit Card (Balance Transfer)
0% p.a. for 26 months and then 22.24% p.a. (1.50% balance transfer fee)
$199 $0 in the first year
21.49% p.a.
Promoted
Qantas Money
Qantas Premier Everyday
0% p.a. for 12 months and then 21.99% p.a.
$49 $29 in the first year
19.99% p.a.
Promoted
Virgin Money
Virgin Australia Velocity Flyer Card - Purchase Rate Offer
0% p.a. for 6 months and then 20.99% p.a.
$129 $64 in the first year
0% p.a. for 14 months then 20.74% p.a.
Promoted
Qantas Money
Qantas Premier Platinum
0% p.a. for 18 months and then 21.99% p.a.
$299 $199 in the first year
19.99% p.a.
Promoted
Citi
Platinum Credit Card (Purchase Rate)
0% p.a. for 13 months and then 22.24% p.a. (1.00% balance transfer fee)
$149 $49 in the first year
0% p.a. for 13 months then 21.49% p.a.
Promoted
HSBC
Platinum Credit Card (Special Offer)
0% p.a. for 22 months and then 21.99% p.a.
$129 Refunded when you spend over $6,000 p.a
0% p.a. for 12 months then 19.99% p.a.
Promoted
American Express
Velocity Escape Card
0% p.a. for 12 months and then 20.74% p.a. (1.00% balance transfer fee)
$0
20.74% p.a.
Promoted
Citi
Clear Platinum Credit Card
0% p.a. for 9 months then 14.99% p.a.
$99 $0 in the first year
0% p.a. for 9 months and then 22.24% p.a.
Promoted
Virgin Money
Virgin Australia Velocity Flyer Card - Purchase Rate Offer
0% p.a. for 14 months then 20.74% p.a.
$129 $64 in the first year
0% p.a. for 6 months and then 20.99% p.a.
Promoted
Bankwest
Breeze Platinum Mastercard
9.90% p.a.
$99 $0 in the first year
0% p.a. for 6 months and then 9.90% p.a. (2.00% balance transfer fee)
Promoted
NAB
Low Fee Card
19.74% p.a.
$30
0% p.a. for 6 months and then 21.74% p.a. (2.00% balance transfer fee)
Promoted
Qantas Money
Qantas Premier Everyday
19.99% p.a.
0% p.a. for 12 months and then 21.99% p.a.
$49 $29 in the first year
Promoted
Qantas Money
Qantas Premier Platinum
19.99% p.a.
0% p.a. for 18 months and then 21.99% p.a.
$299 $199 in the first year
Promoted
Virgin Money
Virgin Australia Velocity Flyer Card - Purchase Rate Offer
0% p.a. for 14 months then 20.74% p.a.
0% p.a. for 6 months and then 20.99% p.a.
$129 $64 in the first year
Promoted
NAB
Qantas Rewards Signature Card
19.99% p.a.
0% p.a. for 6 months and then 21.74% p.a. (2.00% balance transfer fee)
$395 $295 in the first year
