ANZ Business Black Credit Card

Pauline Hatch

Pauline is a personal finance expert at CreditCard.com.au, with 9 years in money, budgeting and property reporting under her belt. Ask Pauline a Question about this card.

The ANZ Business Black Credit Card

Offering outstanding points earning potential and an array of premium features and business tools, the ANZ Business Black card could be just the card your business needs to make the most of your business spending. Plus, enjoy a welcome offer of up to 150,000 extra Reward Points - 100,000 extra ANZ Business Reward Points when you spend $6k on eligible purchases in the first 3 months from approval and 50k extra Business Reward Points when you keep the card for over 15 months.

If you think your business could benefit from having the ANZ Business Black card in its collective wallet, let’s look a little closer to see whether this shiny black card truly has what it takes.

What we love...

One of the first things to think about when comparing business credit cards is how much the card will cost month-to-month, weighed against what it provides in return.

As for what you will get in return in rewards, the ANZ Business Black card provides ANZ’s highest Reward Points earning potential. These points can be redeemed within the ANZ Rewards range, allowing you to choose from a wide selection of travel options, entertainment, gift cards, shopping vouchers, merchandise and more.

And that earn rate? You can earn 1.5 Reward Points per $1 spent on eligible purchases up to $10,000 per statement period, then 1 Reward Point per $1 spent thereafter. The card also offers 0.5 Reward Points per $1 spent on taxation payments, uncapped.

New offer! New and approved applicants who apply for a new ANZ Business Black credit card will enjoy up to 150,000 extra Reward Points. You will need to meet the minimum spend requirement of $6,000 on eligible purchases in the first 3 months from approval for the welcome extra points to be credited to your account.

What’s not so great...

For all those rewards and features (which we’ll talk more about shortly), you can expect to pay a significant annual fee of $300. And while additional cardholders are charged no annual fee, each card on the account will attract a $75 rewards fee per year.

It’s also worth taking note of the card’s purchase rate and cash advance rate, as these are relatively high. To make the most of the card’s offerings, try to avoid interest payments by paying off the balance month-to-month, and then work out whether you are getting more from the card than you are paying out each year in fees.

Why should you choose this card?

As a rewards card, there is certainly a lot to love about the ANZ Business Black card. However, it also provides plenty of other perks and extras to enjoy as well.

As a cardholder, you can benefit from complimentary domestic and international travel insurance, up to 55 days interest free on purchases, and the ANZ Global Business Concierge service, which offers 24/7 booking support for business travel, entertainment and trade shows around the world.

Business tools are also provided, which include unauthorised transactions insurance, business expense tracking with data feeds to popular accounting software packages, and monthly spending caps, transaction limits and merchant category controls for each cardholder.

Overall Rating

A premium business rewards card offering excellent features and business tools, as well as superb points earning potential on the ANZ Rewards Program.

Terms & Conditions Standard variable interest rate, fees and charges are subject to change. Visit anz.com for more information. 1. Complimentary credit card insurance covers provided are part of a Group Policy issued by AWP Australia Pty Ltd ABN 52 097 227 177 AFSL 245631 (trading as Allianz Global Assistance) under a binder from the underwriter, Allianz Australia Insurance Limited ABN 15 000 122 850 AFSL 234708 to Australia and New Zealand Banking Group Limited (ANZ) ABN 11 005 357 522 AFSL and Australian credit licence 234527 which allows eligible ANZ account holders and cardholders to claim under the Group Policy as third party beneficiaries. The eligibility criteria, terms, conditions, limits and exclusions of the group policy are set out in the ANZ Commercial Card Terms and Conditions and the ANZ Business Black Travel Insurance Policy Information Booklet which may be amended from time to time. An excess may be deducted from any benefit paid. ANZ does not guarantee this insurance. Any advice has been prepared without taking into account your objects, financial situation or needs. You must check whether or not it is appropriate, in light of your own circumstances, to act on this advice. 2. Interest free days do not apply if you do not pay your Closing Balance (which includes any outstanding balance transfers, cash advances, purchases and Promotional Plans) in full by the due date each month. Payments to your account are applied in the order set out in ANZ Commercial Card Terms and Conditions. 3. Reward Points and Bonus Reward Points accrue in accordance with the ANZ Business Rewards Program Terms and Conditions. Eligible purchases exclude interest, government charges (apart from taxation payments), fees, balance transfers and cash and cash equivalent transactions. Taxation payments include all payments to the Australian Taxation Office and other taxation bodies. 4. ANZ will charge 3% of the value of any international transaction charged or credited to the credit card facility. 5. For ANZ business credit cards, a fee will be charged for each cash advance, except where it is obtained through an ANZ ATM. The fee will be the greater of $1.50 and 1.50% of the cash advance amount plus any ATM operator fee.