ANZ Frequent Flyer Platinum Credit Card

Pauline Hatch

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The ANZ Frequent Flyer Platinum Credit Card

Providing plenty of platinum perks and a very appealing introductory offer, the ANZ Frequent Flyer Platinum Credit Card is a platinum card that lets you earn Qantas Points as you shop. Apply today and you could benefit from 70,000 bonus Qantas Points plus $100 cashback by spending $2,500 on eligible purchases within three months of account opening.

What we love...

Love travel? The ANZ Frequent Flyer Platinum Credit Card may indeed be the perfect card for you. Allowing you to earn Qantas Points on your everyday spending, this card could let you travel further, while paying less. And with 70,000 bonus Qantas Points currently on offer to new cardholders who meet the spend criteria, you could travel even further than you thought.

All you need to do to be eligible for this offer is be approved as a new cardholder (you cannot currently hold or have held an ANZ Frequent Flyer Black, ANZ Frequent Flyer Platinum, ANZ Frequent Flyer Gold or an ANZ Frequent Flyer credit card in your name in the past 12 months). Then spend $2,500 on eligible purchases within three months and the bonus points are yours.

Within three months of making that eligible $2,500 spend on purchases, the 70,000 bonus Qantas Points and $100 back will be credited to your account. To give you an idea of the value of those bonus points, here’s what you could choose to redeem them for:

• For 66,200 Qantas Points, you could fly from Sydney to Paris, from Perth to New York, or from Brisbane to Dublin.
• Or, you could opt for some retail therapy, redeeming 47,250 Qantas Points for a $250 Harvey Norman gift card or a $250 David Jones gift card.

Point calculations are accurate as of 05 July 2022 but may be subject to change without notice. All routes may have additional taxes and charges. Check on the official ANZ page for the updated calculations.

On a day-to-day basis, it’s easy to earn Qantas Points on your spending. The points you earn will be automatically credited to your Qantas Frequent Flyer account, and if you don’t have an account, the ANZ Frequent Flyer Platinum Credit Card will provide you with complimentary Qantas Frequent Flyer membership.

You can earn 0.75 Qantas Points per $1 spent up to $3,000 per statement period, and 0.5 Qantas Points per $1 spent thereafter. You can also earn 1 bonus Qantas Point per $1 spent on selected Qantas products and services, as well as bonus points with ANZ’s Bonus Partners. There is no limit on the amount of bonus points you can earn within each statement period.

What’s not so great...

As you will usually find with platinum credit cards, the ANZ Frequent Flyer Platinum Credit Card has a relatively high purchase rate and cash advance rate. So, to make all the rewards and features on offer worthwhile, you will have to avoid interest accruing by clearing your balance by the due date each month.

Again, similar to many other platinum rewards cards, the ANZ Frequent Flyer Platinum Credit Card has a high standard ongoing annual fee. You can choose to add up to nine additional cardholders, but be aware that an annual fee will be charged for each. On top of that, some cardholders may not be that impressed with the card’s earn rate. Although, the value of that earn rate will depend on your spending.

Why should you choose this card?

As a platinum rewards card earning Qantas Points, the ANZ Frequent Flyer Platinum Credit Card is the ideal option for anyone who wants to earn on the Qantas program while enjoying some nice platinum perks on the side. In terms of features, the card offers the following complimentary insurance covers:

• International Travel Insurance for up to a period of 6 consecutive months. Available to cardholders as well as their spouses and/or dependant(s), eligibility criteria apply.
• Domestic Travel Insurance with a return domestic flight of up to 28 days per trip. Available to cardholders as well as their spouses and/or dependant(s), eligibility criteria apply.
• Rental Vehicle Excess In Australia Insurance up to a maximum total limit of $5,000.
• Extended Warranty Insurance for up to 12 months after the original manufacturer’s Australian warranty expires.
• Purchase Protection Insurance for 90 consecutive days from the date of purchase.

You can also benefit from the assistance of a Personal Concierge, available 24/7 to help with anything from travel arrangements to restaurant reservations, plus access to exclusive entertainment and lifestyle offers through Visa Offers + Perks, and up to 55 days interest free on purchases.

As an ANZ Frequent Flyer Platinum cardholder, you can also enjoy access to cashback offers through Cashrewards Max. Simply sign up to Cashrewards Max online for free, link your card and, shop online or in-store at participating retailers. The cashback you earn will appear in your Cashrewards account and may be redeemed anytime.

Overall Rating

With a decent earn rate and an array of platinum features, the ANZ Frequent Flyer Platinum Credit Card allows you to earn Qantas Points on everyday purchases, while taking advantage of 70,000 bonus Qantas Points and $100 back.