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ANZ Platinum Credit Card
ANZ Platinum Credit Card

ANZ Credit Cards

ANZ Platinum Credit Card

Updated 25 October 2019

International Travel Insurance, Rental Vehicle Excess In Australia Insurance, Interstate flight Inconvenience Insurance. Extended Warranty Insurance, Purchase Protection Insurance and Guaranteed Pricing Scheme. ANZ Falcon security monitoring for fraudulent transactions 24/7. Eligible with Apple Pay, Google Pay, Samsung Pay, Fitbit Pay, and Garmin Pay. Up to 9 additional card holders at no additional cost.

Purchase Rate (p.a)

20.24%

Balance Transfer (p.a)

0% for 18 months 2% BT fee applies. reverts to 20.24% p.a.

Annual Fee (p.a)

$0 first year. Then $87 p.a.

$0 over 18 months

My transfer amount

Balance transfer from:

My annual fee

My interest rate

Pros and cons

  • No annual fee in the first year
  • No annual fee for each subsequent year you spend $20,000 or more on the card
  • Up to 9 additional card holders for free
  • 0% p.a. for 18 months on balance transfers
  • Complimentary International Travel Insurance
  • Rental Vehicle Excess In Australia Insurance, Interstate Flight Inconvenience Insurance
  • Eligible with Apple Pay, Google Pay, Samsung Pay, Fitbit Pay, and Garmin Pay.

  • No reward points or program
  • A one-off 2% fee applies to balance transfers

Creditcard.com.au review

Editor Review

ANZ Platinum Credit Card

Roland Bleyer
Credit Card Expert with over 15 years card experience and the founder of Creditcard.com.au. about this card.

The ANZ Platinum Credit Card

With the ANZ Platinum Credit Card, you could enjoy a range of platinum perks – plus a very nice 18-month 0% balance transfer offer – with no ongoing annual fee. As a new cardholder, you will pay $0 annual fee in the first year, and then, as long as you make $20,000 in eligible purchases each year after that, the standard annual fee will be waived.

What we love...

When you have credit card debt, it can sometimes seem like you’ll never pay it off. But, if you choose the right balance transfer offer, it could make that slog somewhat easier. With the ANZ Platinum Credit Card, you will pay 0% p.a. on balance transfers for 18 months, so you can take a break from interest, and pay off more of that credit card balance.

But, that’s not the only way the ANZ Platinum Credit Card can help you save money. If you apply today, you will pay no annual fee for the first year. While the card’s standard annual fee is relatively low for a platinum credit card, you can avoid it completely in the years following that, simply by making $20,000 in eligible purchases on the card each year.

In terms of interest on purchases, saving money here takes a bit more effort. The card provides up to 55 days interest free on purchases, as long as you pay your account in full each month. But, it’s best to read up on how this feature works, as you do not have 55 days interest free on every purchase.

The number of interest free days you benefit from depends on when the purchase is made, and how far through the statement cycle it is. With the ANZ Platinum Credit Card’s high purchase rate, this is definitely a feature you want to get your head around, if you want to make all that money-saving count.

What’s not so great...

As with so many platinum credit cards, the ANZ Platinum Credit Card is far from a low rate credit card. The card’s purchase rate and cash advance rate are relatively high, so it’s best to avoid them whenever possible by paying the balance in full by the due date, and avoiding cash advances altogether.

If you choose to take on the balance transfer offer, there is some small print to be aware of, such as, any balance transferred will attract a 2% balance transfer fee. If you are unable to clear your transferred balance within 18 months, things could get painful, as that unpaid amount will attract the standard balance transfer rate (currently the same as the card’s cash advance rate).

Why should you choose this card?

Anyone looking for an affordable platinum card with basic features should be pretty happy with the ANZ Platinum Credit Card. There is that 0% p.a. balance offer, which is enticing, plus some useful extras, such as complimentary International Travel Insurance, Rental Vehicle Excess In Australia Insurance and Interstate Flight Inconvenience Insurance.

Of course, the card also offers all the basics, such as 24/7 fraud monitoring with ANZ Falcon, ANZ Fraud Money Back Guarantee, worldwide emergency credit card replacement and contactless payment technology. All you need to be eligible, is to be 18 or over with a good credit rating and either be an Australian resident, or a non-permanent resident with more than nine months on your visa.

Overall Rating

A basic platinum card with a selection of handy features, the ANZ Platinum Credit Card could help to save you money with $0 annual fee for the first year (and the opportunity to pay no annual fee each year thereafter) and 0% p.a. on balance transfers for 18 months.

User reviews

ANZ Platinum Credit Card ( based on 29 Creditcard.com.au user reviews )

75% rating based on 29 reviews

Rates
Fees
Rewards
Customer Service
Value

Rates and fees

Interest rates

Purchase rate 20.24% p.a.

Cash advance rate 20.24% p.a.

Interest free on purchases up to 55 days

Balance transfer

Balance transfer rate 0% p.a. for 18 months

Balance transfer revert rate 20.24% p.a.

Balance transfer from personal loan No

Balance transfer fee 2% one off

Balance transfer limit 95% of approved credit limit

Banks you can't balance transfer from ANZ

Credit limits

Minimum credit limt $6,000

Maximum credit limit N/A

Fees & repayments

Annual fee $87 p.a.

Additional card holder fee Up to 9 at no extra cost

Foreign transaction fee 3%

Minimum repayment 2%

Annual fee the first year $0

Cash advance fee 2%

Late payment fee $20

Additional features

Complimentary insurance

International Travel Insurance Yes

Flight Inconvenience Insurance Yes

Transit Accident Insurance No

Smartphone Screen Insurance No

Purchase Protection Insurance Yes

Extended Warranty Insurance Yes

Rental Vehicle Excess In Australia Insurance Yes

Extras

Eligible with Apple Pay, Google Pay, Samsung Pay, Fitbit Pay, and Garmin Pay.

Overview

ANZ Platinum Credit Card

A great choice if you like to travel, the ANZ Platinum card also offers flexible payment options on travel-related purchases over $500, as well as complimentary International Travel Insurance. You will also have access to a 24/7 Personal Concierge service, which can help with everything from booking flights to giving recommendations for your next holiday. Cardholders can also enjoy Rental Vehicle Excess In Australia Insurance, Purchase Protection Insurance, Extended Warranty and Interstate Flight Inconvenience Insurance. Add up to 9 additional free cardholders, get access to exclusive entertainment packages with Visa Entertainment, worldwide emergency card replacement, and up to 55 days interest free on purchases.

Key features

  • No Annual fee first year ($87 thereafter)
  • 0% p.a. for the first 18 months on balance transfers with a 2% Balance Transfer fee. Reverts to standard balance transfer rate, currently 20.24% p.a.
  • Platinum Concierge
  • International Travel Insurance
  • Rental Vehicle Excess In Australia Insurance, Interstate Flight Inconvenience Insurance
  • Extended Warranty Insurance, Purchase Protection Insurance and Guaranteed Pricing Scheme
  • ANZ Falcon security monitoring for fraudulent transactions 24/7
  • Up to 9 additional card holders at no additional cost
  • Eligible with Apple Pay, Google Pay, Samsung Pay, Fitbit Pay, and Garmin Pay.

Minimum criteria to apply for this card

  • Be over 18 years old

  • Good Credit and have not applied for multiple credit cards recently

  • Permanent Australian resident or non-permanent resident with more than 9 months remaining on your Visa

  • You have your personal details ready to complete the online application

Roland B Bleyer

Roland B Bleyer founded Creditcard.com.au in 2005 and has extensive knowledge about credit cards. He personally answers all questions and write the editor reviews for each card here. Always keen to share his passion to educate consumers and help you select better suited credit cards.

Recently Asked Questions

Something you need to know about this card? Ask a our credit card expert a question.

200 questions (showing the latest 10 Q&As)

Rachel Alevras

Rachel Alevras

29 September 2019
Hi I have the ANZ Platinum CC, Ive used the travel insurance for over seas trips, but does it cover me for rental car if Im traveling within Australia. Eg Sydney - Melbourne Im hiring a rental car, does it cover me for excess and damages or if its stolen. thanks...Rachel
David

David

15 September 2019
So if I have a balance transfer can I still get up to 55 days interest free on purchases
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    16 September 2019
    Hi David, if you hold a balance, you get no interest free days on new purchases. This is unless you have a card that is offering both 0% on purchases and balance transfers. Any time you have a balance transfer activate. You are effectively holding a balance, thus no interest free days. Have a look at this offer from Citi. This gives 0% on balance transfers and purchases for 13 months.
Delia

Delia

5 August 2019
With travel insurance included in platinum fees does it cover USA. South America and Africa. or just Europe Asia Delia
Michael

Michael

23 July 2019
Do you know what credit score is required for each card, particularly the Platinum visa from ANZ, I currently have a rating of 577, but don’t know if that’s high enough to qualify.
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    24 July 2019
    Hi Michael, the banks do not disclosure any clear credit score guidance to get approved. With 577, which is close to good, I would say its possible. You need to have no defaults on your credit file. Other key factors will affect approval. Have a read through our credit card application tips article.
Leanne

Leanne

2 June 2019
Are we covered if we need to cancel our flight and accommodation within Australia, due to being too unwell to travel?
patrick

patrick

26 April 2019
how do I go about making a claim when overseas do I need my own money to pay and then get reimbursed, I have a anz platinum card.
Ursula Bender

Ursula Bender

22 March 2019
Does the ANZ Platinum visa card cover campervans ( toyota hiace hitop) in the rental car hire excess?
Paipa

Paipa

20 February 2019
If I only make one purchase then pay it back in full Will I be able to cancel the card
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    20 February 2019
    Hi Paipa, you can cancel a credit card at any time you have a $0 balance. Therefore the answer is yes.
patrick

patrick

28 January 2019
How much must I spend with my anz platinum creditcard to be covered for travel insurance
Kay

Kay

24 January 2019
To be eligible for free travel insurance my Husband has to be the one to use his card even though I pay a fee each year to hold a card on that same account. I am going to travel with my sister (Cruise) this year and would like to know if my Husband pays with his Credit Card BUT is not on the trip am I covered for the free travel insurance.
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    25 January 2019
    Hi Kay, I believe the primary cardholder needs to be on the trip to be eligible. As a secondary cardholder, you are not eligible for the insurance alone. As he is not going, I suggest that you review your travel insurance options outside of the card.
Alex

Alex

20 January 2019
I have just received my anz platinum credit card. Can you confirm for me I will pay no interest on purchases I make throughout the year so long as I pay all the money owning on the credit card within 18months? My letter of offer say “promotional balance transfer 0%p.a. .... expires 15 July 2020”. Sorry don’t really trust credit cards there is a lot of fine print. I plan to use the card to buy products from Alibaba and for management listing fees amazon. Do you know if theses are still allowed interest free purchases ? Kind Regards, Alex
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    21 January 2019
    Hi Alex, this offer is not on purchases but balance transfer. A balance transfer is when you move current debt to your new card. You then would receive 18 months interest free on the amount you transfer. It sounds like this card is not right for you. If you have not activated the card then I suggest that you cancel. Have a look at the Virgin Flyer 0% purchase offer.
Stu

Stu

20 January 2019
Is there any repayment cover. Ie if the person owning the card becomes ill and not able to work to cover monthly payment costs
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    21 January 2019
    Hi Stu, I am not sure that ANZ have this feature available. You can look at income protection insurance which would do this for you.
Ozy2nv

Ozy2nv

23 November 2018
What is the max out on a platinum visa cc
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    23 November 2018
    Hi Ozy2nv, with the ANZ Platinum credit card the max credit limit available is $50,000
Ben

Ben

7 November 2018
How much is this excess up to a certain amount Thanks Ben
Grabovszky Ben

Grabovszky Ben

7 November 2018
On my platinum card if I rent a car in New Zealand does it cover all car damages in the case of an accident
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    7 November 2018
    Hi Ben, it will just cover your rental excess up to a certain amount. Therefore you would still need to get base insurance with the rental company.
Graeme Turner

Graeme Turner

14 September 2018
Does Anz Vias Platinum insurance cover interstae travel and car hire including excess? If so what do we need to do to advise of our travel arrangements? regards, Graeme Turner
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    17 September 2018
    Hi Graeme, there is a rental car excess cover with the ANZ Platinum credit card. Have a look at this PDF that I found on the ANZ website. https://www.anz.com.au/content/dam/anzcomau/documents/pdf/premium-cards-insurances.pdf. Check page 72. It goes through the activation of cover and eligibility requirements. Your cover is automatic as long as you are eligible. You do not need to contact ANZ with the details. Only supply the details if you need to make a claim.
TWINE

TWINE

10 September 2018
Hire car excesses overseas, are they covered
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    10 September 2018
    Hi Twine, in short yes. You still need to get insurance on the car overseas but go for the base which should have around 3-4k excess. If you have meet all eligibility requirements for the ANZ credit card international travel insurance. Then your excess will be reduced to what is required on from the travel insurance. Here is a link to a PDF from the ANZ site that details all the insurance with the ANZ Platinum credit card : https://www.anz.com.au/content/dam/anzcomau/documents/pdf/premium-cards-insurances.pdf
chandra

chandra

11 August 2018
how much excess for rental in australia is covered by this card
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    13 August 2018
    HI Chandra, I have found this PDF on the ANZ website. https://www.anz.com.au/content/dam/anzcomau/documents/pdf/premium-cardsinsurances.pdf. Please go through this document. If you have any further questions contact the insurer. It details the rental access cover available with the ANZ Plainum credit card. Section E Rental vehicle expenses E1 Rental vehicle insurance excess $5,000 $Nil - E2 Return of rental vehicle $750 $Nil. In the rental vehicle section it is listed as Nil payable for insurance excess up to 5k.
Barry janes

Barry janes

9 July 2018
What is the age limit on overseas travel insurance
Craig Skinner

Craig Skinner

26 June 2018
Hi Does the Platinum card Insurance cover excess on hire cars over seas

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