ANZ Rewards Travel Adventures Card

Mozo snapshot:

If you're looking for a rewards credit card that helps you enjoy travel benefits now and into the future then the ANZ Rewards Travel Adventures card - multiple 2019 Mozo Experts Choice Travel Money Awards winner - could be a top travel companion. At first glance, the $225 annual fee sounds steep, but when you consider all the perks of offer, it's a bargain. Plus you also earn rewards points for every dollar of eligible purchases which you can put towards a range of travel and shopping rewards via the ANZ Rewards program.

Key features:

Like most rewards credit cards, the Travel Adventures card has a high purchase rate of 20.24% but you'll get up to 55 days interest free if you pay your balance off in full each month. The cash advance rate is 20.24%.

ANZ Travel Adventures comes with a Visa card, and with each eligible purchase you'll earn ANZ Reward Points, which you can redeem via the ANZ Rewards Program. Points are earned on a tiered system - which means you'll bag 1.5 ANZ Reward Points per $1 spent up to $2,000 per statement period, then 0.5 points per $1 afterwards.

Want to bag a stack of bonus points? Well if you apply for the ANZ Rewards Travel Adventure Card and spend $2,500 on eligible purchases within the first 3 months of approval, you'll be treated to a whopping 75,000 Velocity Points! 

You can also score a complimentary return economy domestic flight operated by Virgin Australia, each year until the card is cancelled, along with two Virgin Australia lounge passes. The complimentary flight needs to be redeemed at least 60 days in advance and is subject to availability. The lounge passes are redeemed via ANZ rewards, but don't leave it up to the last minute as they can take up to 4 weeks to arrive.    

If you are a frequent international traveller or online shopper, one of the other major perks of the Travel Adventures Card is that you won't pay overseas transaction fees on purchases. Most credit cards have around a 3% fee for overseas transactions so not paying this fee this means more travel dollars for you. 

There is a $6,000 minimum credit limit on the card, but you can have up to 9 additional card holders. Just be sure to automate payments or you could be up for a $20 late payment fee as well as interest charged at 20.24% p.a.

Who it's good for:

Adventurers young and old, who are looking for a credit card that delivers top benefits everyday as well as when they travel. 

To apply, 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. Existing ANZ customers can also apply for the card in addition to their existing card or request an inter product transfer.