Thumbnail icon for ANZ

ANZ Rewards Platinum

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 Rewards Platinum

Last updated: 5 June 2020.

binocular icon
What's hot
  • Mozo Experts Choice Award winner 2019
  • 60,000 ANZ Reward Points when you spend $2,500 on eligible purchases in the first 3 months
  • Range of premium card benefits
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 2019 Mozo Experts Choice Award for best Premium Card Benefits. Plus once you spend $2,500 on eligible purchases in the first three months, you'll receive 60,000 bonus ANZ Reward Points.

key icon
Key features

With the ANZ Rewards Platinum Card, you'll bag 1.5 ANZ Reward Points per $1 on the first $2,500 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.

snapshot
Who is it 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.


snapshot
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 September 2020. 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

212,000 points

Fly Sydney to Melbourne one-way

-

$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 Air New Zealand or KrisFlyer.

Earn bonus points at over 30 bonus partners.

Special offers

Receive 60,000 bonus Reward Points if you spend $2,500 on eligible purchase in the first 3 months.

Value of rewards points

Spend $16,667 (Visa)

Spend $14,817 (Visa)

Spend $376,000 (Visa)

Uncapped

36 months

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

  • 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

Customer Reviews

How are ANZ credit cards rated by the Mozo community?

Overall
6.7/10

Based on 6200 ANZ credit card reviews

Price
5.7/10
Features
5.9/10
Customer service
6.7/10
Convenience
7.5/10
Trust
6.9/10

Latest reviews of ANZ Rewards Platinum

  • Overall 10/10
    Love the rewards I get with this card.

    There is really not much to dislike about this card if you travel a few times a year and are able to pay it off in full before the due date. It includes travel insurance, a return flight to a destination in Australia and the Virgin Lounge passes have opened my eyes to the benefits of airport lounges. The rewards program often has got me enough points to score a second seat on a flight. If you don't travel often or don't use a credit card for your every day spending to collect points, then the annual fee may not make it worth it. I'm not sure what the interest rate is like, I have a vague memory it was higher than some other cards, but if you are like me and pay the card off in full every fortnight, the interest rate is of no consequence since I never pay interest.

    Read full review

    There is really not much to dislike about this card if you travel a few times a year and are able to pay it off in full before the due date. It includes travel insurance, a return flight to a destination in Australia and the Virgin Lounge passes have opened my eyes to the benefits of airport lounges. The rewards program often has got me enough points to score a second seat on a flight. If you don't travel often or don't use a credit card for your every day spending to collect points, then the annual fee may not make it worth it. I'm not sure what the interest rate is like, I have a vague memory it was higher than some other cards, but if you are like me and pay the card off in full every fortnight, the interest rate is of no consequence since I never pay interest.

    Price
    10/10
    Features
    10/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    10/10
    Less
    Carmen, South Australia reviewed 25 days ago
  • Overall 7/10
    Free travel insurance, use around the world.

    Great if you need travel insurance. Interest rates are still high but you can always pay off before the due date.

    Read full review

    Great if you need travel insurance. Interest rates are still high but you can always pay off before the due date.

    Price
    6/10
    Features
    7/10
    Customer service
    6/10
    Convenience
    5/10
    Trust
    6/10
    Less
    John, New South Wales reviewed 3 months ago
  • Overall 8/10
    Better of the big 4.

    Reliable, easy to use. The banking app is a little behind what some neobanks are doing, but still serves the purpose.

    Read full review

    Reliable, easy to use. The banking app is a little behind what some neobanks are doing, but still serves the purpose.

    Price
    6/10
    Features
    5/10
    Customer service
    5/10
    Convenience
    9/10
    Trust
    10/10
    Less
    Jay, New South Wales reviewed 4 months ago
  • Overall 9/10
    I would recommend this card.

    We use our card for all our everyday purchases and pay the full balance on the due date. We don’t pay any interest and because of the amount we spent we don’t pay an annual fee. The rewards are pretty good.

    Read full review

    We use our card for all our everyday purchases and pay the full balance on the due date. We don’t pay any interest and because of the amount we spent we don’t pay an annual fee. The rewards are pretty good.

    Price
    -1/10
    Features
    8/10
    Customer service
    9/10
    Convenience
    10/10
    Trust
    10/10
    Less
    Scott, Tasmania reviewed 7 months ago
  • Overall 9/10
    No hidden tricks.

    A product with no hidden tricks. Competitive and well worth it.

    Read full review

    A product with no hidden tricks. Competitive and well worth it.

    Price
    8/10
    Features
    8/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    10/10
    Less
    Dilan, New South Wales reviewed 10 months ago
ANZ

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

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

ANZ

Low Rate

12.49% p.a.

0% p.a. for 22 months and then 20.24% p.a. (1.50% balance transfer fee)

$58 $0 in the first 0 years

Promoted

ANZ

ANZ

Platinum

0% p.a. for 17 months then 20.24% p.a.

No current offer

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

Promoted

CUA

CUA

Low Rate Credit Card

11.99% p.a.

0% p.a. for 13 months and then 21.74% p.a.

$49 $0 in the first year

Promoted

St.George

St.George

Vertigo

0% p.a. for 7 months then 13.99% p.a.

0% p.a. for 22 months and then 21.49% p.a. (1.50% balance transfer fee)

$55 $0 in the first year

Promoted

Bankwest

Bankwest

Zero Platinum Mastercard

17.99% p.a.

2.99% p.a. for 9 months and then 17.99% p.a.

$0

Promoted

Westpac

Westpac

Low Rate

13.74% p.a.

0% p.a. for 20 months and then 21.49% p.a. (1.00% balance transfer fee)

$59

Promoted

ME

ME

frank Credit Card

11.99% p.a.

No current offer

$0

Promoted

CUA

CUA

Platinum Credit Card

19.99% p.a.

0% p.a. for 13 months and then 21.74% p.a.

$149 $0 in the first year

CUA Platinum Rewards

Promoted

American Express

American Express

Qantas Discovery Card

20.74% p.a.

No current offer

$0

Qantas Frequent Flyer

Promoted

Bank of Melbourne

Bank of Melbourne

Vertigo

0% p.a. for 7 months then 13.99% p.a.

0% p.a. for 22 months and then 21.49% p.a. (1.50% balance transfer fee)

$55 $0 in the first year

Promoted

American Express

American Express

Qantas Discovery Card

Qantas Frequent Flyer

$0

No current offer

0.75 points uncapped

Promoted

St.George

St.George

Amplify Platinum

Qantas Frequent Flyer

$99

60,000

0.5 points uncapped

Promoted

NAB

NAB

Rewards Platinum Card

NAB Rewards

$195

60,000

1 point uncapped

Promoted

Westpac

Westpac

Altitude Platinum

Qantas Frequent Flyer

$200 $99 in the first year

60,000

0.5 points uncapped

Promoted

NAB

NAB

Qantas Rewards Premium Card

Qantas Frequent Flyer

$250

30,000

0.66 points up to $3,000/month, then
0.33 points up to $6,000/month

Promoted

Westpac

Westpac

Altitude Black

Altitude Rewards

$250

150,000

1.25 points uncapped

Promoted

American Express

American Express

Qantas Ultimate Card

Qantas Frequent Flyer

$450

55,000

1.25 points uncapped

Promoted

David Jones

David Jones

American Express Card

Membership Rewards

$99

15,000

1 point uncapped

Promoted

St.George

St.George

Vertigo

0% p.a. for 22 months and then 21.49% p.a. (1.50% balance transfer fee)

0% p.a. for 7 months then 13.99% p.a.

$55 $0 in the first year

Promoted

CUA

CUA

Low Rate Credit Card

0% p.a. for 13 months and then 21.74% p.a.

11.99% p.a.

$49 $0 in the first year

Promoted

Bankwest

Bankwest

Zero Platinum Mastercard

2.99% p.a. for 9 months and then 17.99% p.a.

17.99% p.a.

$0

Promoted

Westpac

Westpac

Low Rate

0% p.a. for 20 months and then 21.49% p.a. (1.00% balance transfer fee)

13.74% p.a.

$59

Promoted

Bank of Melbourne

Bank of Melbourne

Vertigo

0% p.a. for 22 months and then 21.49% p.a. (1.50% balance transfer fee)

0% p.a. for 7 months then 13.99% p.a.

$55 $0 in the first year

Promoted

Citi

Citi

Clear Credit Card

0.90% p.a. for 15 months and then 22.24% p.a.

0.90% p.a. for 15 months then 14.99% p.a.

$99

Promoted

CUA

CUA

Platinum Credit Card

0% p.a. for 13 months and then 21.74% p.a.

19.99% p.a.

$149 $0 in the first year

CUA Platinum Rewards

Promoted

NAB

NAB

Low Rate Card

0% p.a. for 20 months and then 21.74% p.a. (2.00% balance transfer fee)

12.99% p.a.

$59

Promoted

CUA

CUA

Low Rate Credit Card

11.99% p.a.

0% p.a. for 13 months and then 21.74% p.a.

$49 $0 in the first year

Promoted

St.George

St.George

Vertigo

0% p.a. for 7 months then 13.99% p.a.

0% p.a. for 22 months and then 21.49% p.a. (1.50% balance transfer fee)

$55 $0 in the first year

Promoted

Westpac

Westpac

Low Rate

13.74% p.a.

0% p.a. for 20 months and then 21.49% p.a. (1.00% balance transfer fee)

$59

Promoted

ME

ME

frank Credit Card

11.99% p.a.

No current offer

$0

Promoted

Citi

Citi

Clear Credit Card

0.90% p.a. for 15 months then 14.99% p.a.

0.90% p.a. for 15 months and then 22.24% p.a.

$99

Promoted

NAB

NAB

StraightUp Card

0% p.a.

No current offer

$120 $10/month - waived if no spend & no balance owing

Promoted

Bank of Melbourne

Bank of Melbourne

Vertigo

0% p.a. for 7 months then 13.99% p.a.

0% p.a. for 22 months and then 21.49% p.a. (1.50% balance transfer fee)

$55 $0 in the first year

Promoted

Bankwest

Bankwest

Breeze Mastercard

0% p.a. for 15 months then 12.99% p.a.

2.99% p.a. for 9 months and then 12.99% p.a. (0% balance transfer fee)

$79

Promoted

CUA

CUA

Low Rate Credit Card

11.99% p.a.

0% p.a. for 13 months and then 21.74% p.a.

$49 $0 in the first year

Promoted

St.George

St.George

Vertigo

0% p.a. for 7 months then 13.99% p.a.

0% p.a. for 22 months and then 21.49% p.a. (1.50% balance transfer fee)

$55 $0 in the first year

Promoted

Bankwest

Bankwest

Zero Platinum Mastercard

17.99% p.a.

2.99% p.a. for 9 months and then 17.99% p.a.

$0

Promoted

Westpac

Westpac

Low Rate

13.74% p.a.

0% p.a. for 20 months and then 21.49% p.a. (1.00% balance transfer fee)

$59

Promoted

ME

ME

frank Credit Card

11.99% p.a.

No current offer

$0

Promoted

CUA

CUA

Platinum Credit Card

19.99% p.a.

0% p.a. for 13 months and then 21.74% p.a.

$149 $0 in the first year

Promoted

Bank of Melbourne

Bank of Melbourne

Vertigo

0% p.a. for 7 months then 13.99% p.a.

0% p.a. for 22 months and then 21.49% p.a. (1.50% balance transfer fee)

$55 $0 in the first year

Promoted

NAB

NAB

Low Rate Card

12.99% p.a.

0% p.a. for 20 months and then 21.74% p.a. (2.00% balance transfer fee)

$59