- Bonus features: You can earn up to 125,000 ANZ Reward Points: 85,000 points and $50 back to your new ANZ Rewards Platinum credit card when you spend $3,500 on eligible purchases within the first 3 months from approval, plus an additional 40,000 points when you keep the card for over 15 months from activation.
- Earn points: You’ll get 1.5 Reward Points per $1 up to $2,000 per statement period, then 0.5 after that
- Travel insurances: You can use complimentary international and domestic travel insurance as well as rental vehicle excess in Australia
- Card insurance: This card comes with extended warranty insurance, purchase protection insurance, and ANZ’s Falcon anti-fraud security
- Extras: Use 24/7 personal concierge services, add up to 9 additional cardholders, and sync your card with Apple Pay, Google Pay, Samsung Pay, Fitbit Pay, and Garmin Pay
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ANZ Credit Cards
ANZ Rewards Platinum Credit Card
Updated 8 July 2025
A bit of bling and some cha-ching 📿, the ANZ Rewards Platinum card is dazzling with a colossal 125,000 bonus ANZ Rewards Points and $50 back in your pocket. Spend your points flexibly with cash back, online store purchases, gift cards, travel and more.
You can earn points and travel cheaper with extras like complimentary domestic and overseas travel insurance, and rental vehicle excess in Australia.
Terms and conditions applyPoints Earn Rate (per $1 spent)
1.5 points
Capped at $2,000, then 0.5 pts per $1 spent
Rewards Program
ANZ Rewards
Bonus Points
Up to 125,000 pts
85k pts when you spend $3.5k in the first 3 months from approval + 40k pts when card kept 15 months from activation
Pros and cons
- Each additional card holder costs $65 annually
- High interest rates
Creditcard.com.au review
Editor Review
ANZ Rewards Platinum 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.
Overall Rating
This is a card that navigates the middle of the road nicely. It’s reasonably low-cost for a rewards card, especially one with huge bonus points, and the travel extras push it into platinum territory.
It won’t have as many features as cards with double the annual fee, but it scratches the itch if you want to earn decent rewards points that you can spend flexibly, without being tied to a frequent flyer program.
⚡ Want Velocity Points instead? ANZ has released another version of this card that offers big bonus Velocity Points and links to your Velocity membership. You can read our review on the ANZ Rewards Platinum - Velocity Offer here.
Editor’s Review: What I love about the ANZ Rewards Platinum card
I’ll start with explaining the terms around the bonus points, and how the tiered points work.
Bonus points: You’ll earn up to 125,000 ANZ Rewards Points: 85,000 points and $50 back to your new ANZ Rewards Platinum credit card when you spend $3,500 on eligible purchases within the first 3 months from approval, plus an additional 40,000 points when you keep the card for over 15 months from activation. These terms are pretty generous compared to others who ask for a much bigger spending amount.
ANZ’s terms say you won’t earn points on “interest charges or bank fees; premiums paid for ANZ Credit Card Insurance (ANZ Credit Card Insurance not available for new customers from March 17th, 2018); Government Charges or payments made to the Australian Taxation Office; card account adjustments resulting from disputed transactions or otherwise; balance transfers, cash advances (as defined in the ANZ Credit Cards Conditions of Use) or AFTs; or transactions which are identified to ANZ by the relevant merchant or any intermediary financial institution as falling into one of these categories.”
$50 cashback: When you meet the minimum spend requirement you’ll also get $50 credited to your account. That helps offset the first year’s annual fee, which is useful.
⚠ Just note you aren’t eligible for the bonus points or $50 cashback if you currently hold or have held an ANZ Rewards card or ANZ Frequent Flyer card in the last 24 months.
The other big ongoing feature of the ANZ Rewards Platinum is the travel insurance. You’ll get:
International and domestic travel insurance: you need to meet the eligibility criteria laid out in the PDS to activate the insurance, which may cover you for emergency and medical expenses including dental, illness and injury, and epidemics and pandemics like COVID-19.
Rental vehicle excess cover: you could be covered if your rental vehicle is stolen or damaged. Vehicles include cars, SUV’s, mini buses, and campervans or motorhomes under 4.5 tonnes. A $50 excess applies to each claim.
One last thing. This card also has 24/7 concierge services, which essentially means you have a number to call at any time to help organise your life. The concierge can help with travel recommendations, gifts and online purchases, booking hotels and restaurants, and making personal appointments.
Earning and redeeming points
There is no limit to the number of points you can earn each month, but ANZ does tier how you earn per dollar. It looks like this:
- 1.5 points per $1 up to $2,000 in a statement period
- Then 0.5 points per $1 until the new statement period starts
The ANZ Rewards program gives you lots of flexibility in how you spend your points. You can choose from:
Travel: Transfer your points to airline partner programs including Velocity, Cathay Pacific, Krisflyer Singapore Airlines and Air New Zealand Airpoints. 2,000 ANZ Rewards Points is equal to 1000 Velocity Frequent Flyer Points.
Cashback: Nominate an amount of points to convert into cash in your account. 5000 ANZ Rewards Points are worth $20 in cashback.
Shopping: Buy items from ANZ’s Rewards store, from fashion and fitness to kitchen items and kid’s toys.
Gift cards: Redeem points for gift cards with big-brand retailers like Amazon, Bunnings, Coles, Dan Murphys, Event Cinemas and Westfield.
What’s not so great
The interest rate is on the higher end at 20.99% p.a., so paying off the card in full and avoiding interest charges will help you get the most value out of your rewards points.
If you add extra cardholders, you’ll pay a $65 fee per person, per year. This is becoming more common for rewards cards, and breaks down into $10 for the cardholder fee and $55 for the Rewards Program Service fee.
Who suits the ANZ Rewards Platinum?
The ANZ Rewards Platinum card is a travel-minded rewards card that could suit people looking for ways to make travel cheaper. You can convert points to airline programs, use concierge services and save on travel insurance. It could also be a good fit for bargain hunters wanting flexible rewards points to spend on goodies, entertainment or cashback.
User reviews
Rates and fees
Interest rates
Purchase rate 20.99% p.a.
Cash advance rate 21.99% p.a.
Interest free period on purchases up to 44 days
Balance transfer
Balance transfer rate 21.99% p.a.
Balance transfer revert rate 21.99% p.a.
Balance transfer from personal loan No
Balance transfer fee No fee
Balance transfer limit 95% of approved credit limit
Brands you can't balance transfer from ANZ
Credit limits
Minimum credit limit $6,000
Maximum credit limit N/A
Fees & repayments
Annual fee $149* p.a.
Additional cardholder fee Up to 9 - $65 p.a. each
Foreign transaction fee 3.5%
Minimum repayment 2% or $25, whichever is greater
Cash advance fee 3% of the transaction value or $3, whichever is greater
Late payment fee $20
Rewards and points
Rewards program
Rewards Program
ANZ Rewards
Bonus points Up to 125,000 points
Annual points cap uncapped
Bonus points spend criteria 85k pts when you spend $3.5k in the first 3 months from approval + 40k pts when card kept 15 months from activation
Earning points with this card
ANZ Rewards points 1.5 points per $1 spent
Points cap per month Capped at $2,000, then 0.5 pts per $1 spent
Overseas earn rate same as standard earn rate
Additional features
Complimentary insurance
International Travel Insurance Yes - up to 3 consecutive months
Flight Inconvenience Insurance No
Transit Accident Insurance No
Smartphone Screen Insurance No
Purchase Protection Insurance Yes
Extended Warranty Insurance Yes
Rental Vehicle Excess In Australia Insurance Yes
Extras
Travel insurance underwritten by Allianz global assistance
Compatible with Apple Pay, Google Pay, Samsung Pay, Fitbit Pay, and Garmin Pay.
Domestic Travel Insurance
Overview
ANZ Rewards Platinum Credit Card
Points can be redeemed for hundreds of different rewards, including merchandise, travel, shopping vouchers, and gift cards. If you don’t have enough points for the reward you want, you can simrosply make up the difference with cash. Choosing the ANZ Rewards Platinum card will also give you complimentary insurance covers for travel and shopping, worldwide emergency card replacement, up to 9 additional cardholders, and access to Platinum Concierge and Visa Platinum privileges.
*For ANZ Rewards Platinum, a total annual fee of $149 applies, which includes a $94 Annual Fee and a $55 Rewards Program Service Fee.
Key features
- Receive up to 125,000 extra ANZ Reward Points: Earn 85,000 points and $50 back to your new ANZ Rewards Platinum credit card when you spend $3,500 on eligible purchases within the first 3 months from approval, plus an additional 40,000 points when you keep the card for over 15 months from activation.
- Earn 1.5 Reward Points per $1 spent on eligible purchases up to $2,000 per statement period, then 0.5 Reward Points per $1 you spend on eligible purchases above $2,000 per statement period.
- Redeem points for gift cards, merchandise, cashback, travel and more
- Complimentary International and Domestic Travel Insurance (including COVID-19 coverage, T&Cs apply)
- Rental Vehicle Excess In Australia Insurance, Extended Warranty Insurance and Purchase Protection Insurance
- Up to 9 additional card holders (extra cost)
- Compatible with Apple Pay, Google Pay, Samsung Pay, Fitbit Pay, and Garmin Pay.
Minimum criteria to apply for this card
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Be over 18 years old
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Good Credit and have not applied for multiple credit cards recently
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Permanent Australian resident or non-permanent resident with more than 12 months remaining on your Visa
You have your personal details ready to complete the online application
Pauline is a personal finance expert at CreditCard.com.au, with 9 years in money, budgeting and property reporting under her belt. Pauline is passionate about seeing Aussies win by making their money – and their credit cards – work smarter, harder and bigger
Recently Asked Questions
Something you need to know about this card? Ask our credit card expert a question.
Ask a question84 questions (showing the latest 10 Q&As)
Does this card give access to airport lounge? If yes, how many in a year?
Hi Shruti, unfortunately, upon checking, the ANZ Rewards Platinum Credit Card does not include lounge access. You might want to explore our comparison of Credit Cards with Airport Lounge Access. Good luck!
does this card earn qantas frequent flyer points
Hi Karin, upon checking, I noticed that the ANZ Rewards Platinum Credit Card does not earn points with the Qantas Frequent Flyer program. The sister card, the ANZ Frequent Flyer Platinum Credit Card does earn Qantas Points If you're looking for other cards to earn Qantas Frequent Flyer points, you can check our Qantas Frequent Flyer credit Cards comparison for other options. Thanks!
Need more details on international travel insurance cover.
Hi Sandy, you’ll be able to find all the nitty gritty here in the ANZ Platinum and Black Personal Credit Cards Insurance PDS.
Are there exceptions to the complimentary international travel insurance? Eg. To what age. Also what about travellers with high blood pressure or diabetes issues?
Thank you
Hi Sonia, upon checking the ANZ Insurance PDS, I see that the age limit is 81 years old. You can refer to the ANZ Insurance PDS (linked here) for more details.
Creditcard.com.au Visitor
28 January 2013this is really decent points for the annual fee - the points on Visa one of the best is it?
Recommends this cardCreditcard.com.au Visitor
28 January 2013Reasonable annual fee for what you get with this card – good points earning, you can get some good rewards, there’s no limit to how many points you earn, bonus signup points, free insurances etc. Recommended.
Recommends this card