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 2021 Mozo Experts Choice Award for best Premium Card Benefits. Plus if you spend $1,500 on eligible purchases in the first three months, you'll receive 50,000 bonus Rewards Points.
With the ANZ Rewards Platinum Card, you'll bag 1.5 ANZ Reward Points per $1 on the first $2,500 you spend per statement period. After that, the earn rate will drop down to 0.5 per $1. Plus, new card holders can receive 50,000 bonus Rewards Points when they spend at least $1,500 on eligible purchases in the first 3 months from approval.
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.
There is an annual card fee of $40 (although this is $0 in the first year) as well as a $55 annual rewards program fee. The card comes with 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 2021 Mozo Experts Choice award.
In addition there are the six complimentary insurances that will cover your lifestyle including domestic and 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.
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.
Just be sure to automate your repayments or you'll be up for a $20 late payment fee.
Fly Sydney to London return
318,000 points
Fly Sydney to Melbourne one-way
15,600 points
$100 Giftcard
22,225 points
$100 Cash
25,000 points
1.5 points per dollar on Visa, up to $2,000 per month, then
0.5 points per dollar on Visa, uncapped
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.
Earn 50,000 bonus Reward Points on your new card when you spend $1,500 on eligible purchases in the first 3 months from approval.
Spend $16,667 (Visa)
Spend $14,817 (Visa)
Spend $10,400 (Visa)
Spend $588,001 (Visa)
Uncapped
36 months
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.
|
20.24% p.a. |
|
|
none |
|
|
No current offer |
|
|
none |
|
|
21.24% p.a. |
|
|
55 |
|
$40.00 |
|
|
$0 in the first year |
|
|
none |
|
|
$55.00 |
|
|
$20.00 |
|
|
2% |
|
|
3.00% |
|
|
$0.00 |
|
|
$0.00 |
|
|
$65.00 |
|
$25.00 |
|
|
2.0 |
|
|
9 |
|
|
none |
Apple Pay, Google Pay, Samsung Pay, Garmin, Fitbit
Concierge,
Commission-free,
Travellers,
Cheques,
Extended,
Warranty,
Purchase,
Protection,
International,
Travel,
Insurance,
Domestic,
Travel,
Insurance
Online ID check was absolutely a joke. I inserted personal details and reference number then it popped up with no reference found. I ring up CS, over an hour waiting, next thing I was told that I need to visit a branch. When I show up in branch, the customer manager told me that I need an appointment before they can look at my issue. Anyway, to cut the story short. The branch sends me back to the call centre, then long wait before someone answers and then tells me to go back to the branch. I ended up cancelling the card before even it activated. Super disappointed with ANZ services!
Read full reviewOnline ID check was absolutely a joke. I inserted personal details and reference number then it popped up with no reference found. I ring up CS, over an hour waiting, next thing I was told that I need to visit a branch. When I show up in branch, the customer manager told me that I need an appointment before they can look at my issue. Anyway, to cut the story short. The branch sends me back to the call centre, then long wait before someone answers and then tells me to go back to the branch. I ended up cancelling the card before even it activated. Super disappointed with ANZ services!
Reliable, easy to deal with, good benefits.
Read full reviewReliable, easy to deal with, good benefits.
I like the product. Safety of using my platinum rewards card. Once the bank alerted me that my card had been used to by airline tickets in another country and they refunded me really fast.
Read full reviewI like the product. Safety of using my platinum rewards card. Once the bank alerted me that my card had been used to by airline tickets in another country and they refunded me really fast.
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 reviewThere 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.
Great if you need travel insurance. Interest rates are still high but you can always pay off before the due date.
Read full reviewGreat if you need travel insurance. Interest rates are still high but you can always pay off before the due date.
Bendigo Bank
Low Rate Credit Card
0% p.a. for 20 months then 11.99% p.a.
0% p.a. for 20 months and then 11.99% p.a. (2.00% balance transfer fee)
$45
Westpac
Low Rate
13.74% p.a.
6.99% p.a. for 12 months and then 21.49% p.a. (1.00% balance transfer fee)
$59
St.George
Vertigo
13.99% p.a.
0% p.a. for 32 months and then 21.49% p.a.
$55 $0 in the first year
NAB
Low Rate Card
12.99% p.a.
0% p.a. for 32 months and then 21.74% p.a. (0% balance transfer fee)
$59 $0 in the first year
Bank of Melbourne
Vertigo
13.99% p.a.
0% p.a. for 32 months and then 21.49% p.a.
$55 $0 in the first year
Great Southern Bank
Low Rate Credit Card
11.99% p.a.
0% p.a. for 33 months and then 21.74% p.a.
$49 $0 in the first year
BankSA
Vertigo
13.99% p.a.
0% p.a. for 32 months and then 21.49% p.a.
$55 $0 in the first year
American Express
Platinum Edge Credit Card
20.74% p.a.
No current offer
$195 $0 in the first year
Membership Rewards
American Express
Qantas Ultimate Card
Qantas Frequent Flyer
$450
100,000
1.25 points uncapped
Westpac
Altitude Platinum
Qantas Frequent Flyer
$200 $99 in the first year
75,000
0.5 points up to $100,000/year
St.George
Amplify Rewards Platinum
Rewards
$99 $29 in the first year
100,000
1 point uncapped
American Express
Platinum Edge Credit Card
Membership Rewards
$195 $0 in the first year
No current offer
1 point uncapped
David Jones
American Express Card
Qantas Frequent Flyer
$99
No current offer
0.5 points uncapped
Bank of Melbourne
Amplify Rewards Platinum
Rewards
$99 $29 in the first year
100,000
1 point uncapped
American Express
Cashback Credit Card
Cashback Rewards
$120 $0 in the first year
No current offer
1 point uncapped
Bendigo Bank
Low Rate Credit Card
0% p.a. for 20 months and then 11.99% p.a. (2.00% balance transfer fee)
0% p.a. for 20 months then 11.99% p.a.
$45
Bank of Melbourne
Vertigo
0% p.a. for 32 months and then 21.49% p.a.
13.99% p.a.
$55 $0 in the first year
BankSA
Vertigo
0% p.a. for 32 months and then 21.49% p.a.
13.99% p.a.
$55 $0 in the first year
HSBC
Platinum Credit Card
0% p.a. for 36 months and then 21.99% p.a.
19.99% p.a.
$129 $29 in the first year
Rewards Plus
Great Southern Bank
Low Rate Credit Card
0% p.a. for 33 months and then 21.74% p.a.
11.99% p.a.
$49 $0 in the first year
St.George
Vertigo
0% p.a. for 32 months and then 21.49% p.a.
13.99% p.a.
$55 $0 in the first year
St.George
Amplify Rewards Platinum
0% p.a. for 24 months and then 21.49% p.a. (1.00% balance transfer fee)
19.49% p.a.
$99
Qantas Frequent Flyer
Bank of Melbourne
Amplify Rewards Platinum
0% p.a. for 24 months and then 21.49% p.a. (1.00% balance transfer fee)
19.49% p.a.
$99 $29 in the first year
Rewards
Bendigo Bank
Low Rate Credit Card
0% p.a. for 20 months then 11.99% p.a.
0% p.a. for 20 months and then 11.99% p.a. (2.00% balance transfer fee)
$45
St.George
Vertigo
13.99% p.a.
0% p.a. for 32 months and then 21.49% p.a.
$55 $0 in the first year
BankSA
Vertigo
13.99% p.a.
0% p.a. for 32 months and then 21.49% p.a.
$55 $0 in the first year
Great Southern Bank
Low Rate Credit Card
11.99% p.a.
0% p.a. for 33 months and then 21.74% p.a.
$49 $0 in the first year
Westpac
Low Rate
13.74% p.a.
6.99% p.a. for 12 months and then 21.49% p.a. (1.00% balance transfer fee)
$59
Bank of Melbourne
Vertigo
13.99% p.a.
0% p.a. for 32 months and then 21.49% p.a.
$55 $0 in the first year
Bendigo Bank
Low Rate Credit Card
0% p.a. for 20 months then 11.99% p.a.
0% p.a. for 20 months and then 11.99% p.a. (2.00% balance transfer fee)
$45
Westpac
Low Rate
13.74% p.a.
6.99% p.a. for 12 months and then 21.49% p.a. (1.00% balance transfer fee)
$59
St.George
Vertigo
13.99% p.a.
0% p.a. for 32 months and then 21.49% p.a.
$55 $0 in the first year
NAB
Low Rate Card
12.99% p.a.
0% p.a. for 32 months and then 21.74% p.a. (0% balance transfer fee)
$59 $0 in the first year
Bank of Melbourne
Vertigo
13.99% p.a.
0% p.a. for 32 months and then 21.49% p.a.
$55 $0 in the first year
Great Southern Bank
Low Rate Credit Card
11.99% p.a.
0% p.a. for 33 months and then 21.74% p.a.
$49 $0 in the first year
BankSA
Vertigo
13.99% p.a.
0% p.a. for 32 months and then 21.49% p.a.
$55 $0 in the first year
St.George
Amplify Rewards Platinum
19.49% p.a.
0% p.a. for 24 months and then 21.49% p.a. (1.00% balance transfer fee)
$99 $29 in the first year
