- 50,000 extra Reward Points to your new ANZ Rewards Platinum credit card when you spend $1,500 on eligible purchases in the first 3 months from approval.
- No annual fee first year. Low annual fee of $95 thereafter
- 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
- Access to exclusive cashback offers with Cashrewards Max
- Complimentary International and Domestic Travel Insurance
- Rental Vehicle Excess in Australia Insurance, Extended Warranty Insurance, and Purchase Protection Insurance
- Up to 9 additional card holders (extra cost apply)
- Eligible with Apple Pay, Google Pay, Samsung Pay, Fitbit Pay, and Garmin Pay.
Hi, I’m a personal finance expert and I will personally answer your question within a business day.
ANZ Credit Cards
ANZ Rewards Platinum Credit Card
Updated 10 May 2022
With great earning power, the ANZ Rewards Platinum credit card is an excellent choice if you want to earn as many points as possible for a variety of rewards. For a limited time, it also offers 50,000 extra Reward Points when you spend $1,500 on eligible purchases in the first 3 months and a $0 annual fee for the first year.
New card. T&Cs, eligibility criteria, fees & charges apply (including annual fee, currently $0 for first year, $95 thereafter).
Points Earn Rate (per $1 spent)
1.5 points
Capped at $2000, then 0.5 pts per $1 spent
Rewards Program
ANZ Rewards
Bonus Points
50,000 pts
Spend $1,500 in the first 3 months
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 8 years in money, budgeting and property reporting under her belt. Ask Pauline a Question about this card.
The ANZ Rewards Platinum Credit Card
Tantalising new cardholders with its incredibly appealing introductory offer, the ANZ Rewards Platinum Credit Card is a platinum rewards card with plenty of benefits. New cardholders can take advantage of complimentary insurances, a Platinum Concierge service, a pretty decent earn rate on the ANZ Rewards program, plus a $0 first year annual fee and 50,000 extra Reward Points to your new ANZ Rewards Platinum credit card.
What we love...
When it comes to introductory offers, they need to be enticing or there’s really not much point. Happily, the intro offer on the ANZ Rewards Platinum Credit Card is very enticing indeed, providing new cardholders with 50,000 extra Reward Points to your new ANZ Rewards Platinum. All you need to do is be approved, obviously, and spend $1,500 on eligible purchases in the first 3 months. The annual fee is also waived for the first year.
While you should check the terms and conditions, most purchases count as ‘eligible’ apart from fees, cash withdrawals, and gambling and gaming transactions. The extra Reward Points will be credited to your ANZ account within 3 months of the eligible spend criteria being met.
Now to the everyday. As this is a platinum rewards card, you can expect a higher earn rate than the standard ANZ Rewards Card. This means you can earn 1.5 Reward Points per $1 spent up to $2,000 per statement period, and 0.5 Reward Points per $1 thereafter.
In terms of point redemption, the ANZ Rewards program offers a wide range of gift cards, merchandise, travel, and more. In value, the 50,000 extra reward points are worth a $220 gift card from a range of popular brands including Bunnings, Woolworths, Myer, David Jones, JB HiFi, Coles, or Kmart. With this chunk of bonus points, you will have plenty of redemption options to choose from.
Point calculations are accurate but may be subject to change without notice.
Of course, you need to consider how much you pay out on the card to work out whether it’s actually worth it. Fortunately, the ANZ Rewards Platinum Credit Card has a relatively low ongoing annual fee for a platinum rewards card plus, it currently offers no annual fee for the first year. You can choose to add up to nine additional cardholders to the account to help you earn points faster, but be aware an annual fee applies for each cardholder.
What’s not so great...
As is so often the case with platinum rewards cards, the ANZ Rewards Platinum Credit Card does not fall into the category of ‘low rate’. However, you can avoid paying interest, simply by shunning cash advances and clearing your balance each statement period. Apart from that, there’s really not much to complain about with this card.
Why should you choose this card?
If you’re looking for an affordable platinum rewards card, the ANZ Rewards Platinum Credit Card may well be a winner. For a relatively low ongoing annual fee, you can benefit from its awesome introductory offer and rewards program, plus a great range of features. These include a 24/7 Personal Concierge, access to Visa Entertainment, and a full suite of complimentary insurance covers.
- International Travel Insurance
- Domestic Travel Insurance
- Rental Vehicle Excess In Australia Insurance
- Extended Warranty Insurance
- Purchase Protection Insurance
ANZ Rewards Platinum credit cardholders can also access exclusive cashback offers through Cashrewards Max. Simply register for free online, link your eligible ANZ credit card, and use it to shop online or in-store at participating retailers. Cashback earned will be credited to your Cashrewards account, and you can select when and how to claim it.
Overall Rating
A particularly rewarding platinum rewards card, the ANZ Rewards Platinum Credit Card offers a good earn rate on the ANZ Rewards program, a great selection of features, 50,000 extra Reward Points and all for a nice no annual fee offer in the first year.
User reviews
Rates and fees
Interest rates
Purchase rate 20.24% p.a.
Cash advance rate 21.24% p.a.
Interest free period on purchases up to 55 days
Credit limits
Minimum credit limit $6,000
Maximum credit limit N/A
Fees & repayments
Annual fee $95 p.a.
Additional cardholder fee Up to 9 - $65 p.a. each
Foreign transaction fee 3%
Minimum repayment 2% or $25, whichever is greater
Annual fee the first year $0
Cash advance fee Consumer: 3% (in Australia); 3% of the amount or $4, whichever is greater (for overseas); Commercial: 1.50% or $1.50 whichever is greater
Late payment fee $20
Rewards and points
Rewards program
Rewards Program 
ANZ Rewards
Bonus points 50,000 points
Annual points cap uncapped
Bonus points spend criteria Spend $1,500 in the first 3 months
Earning points with this card
ANZ Rewards points 1.5 points per $1 spent
Points cap per month Capped at $2000, 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 6 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
Domestic Travel Insurance
Compatible with Apple Pay, Google Pay, Samsung Pay, Fitbit Pay, and Garmin Pay.
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 simply 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.
Key features
- 50,000 extra Reward Points to your new ANZ Rewards Platinum credit card when you spend $1,500 on eligible purchases in the first 3 months from approval.
- No annual fee first year, $95 thereafter
- 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
- Access to exclusive cashback offers with Cashrewards Max
- Complimentary International and Domestic Travel Insurance
- 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
-
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
Pauline is a personal finance expert at CreditCard.com.au, with 8 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 a our credit card expert a question.
Ask a question53 questions (showing the latest 10 Q&As)
I use PayPal for all online purchases. Can i use this ANZ platinum rewards card as my designated bank account for Pay Pal to debit?
Hi Julie, we checked the Paypal website and it turns out it is possible. You’ll need to login to your Paypal account and link your rewards card. Hope this helps.
Hi, I have ANZ frequent flyer platinum credit card. Can I still get the bonus reward points if I buy this credit card ? Thank you
Hi Azeem, I checked on ANZ Rewards Platinum card’s terms and looks like you will miss out. The terms state that if you’ve held a “ANZ Frequent Flyer credit card” in the last 12 months. There are a ton of rewards credit cards out there currently offering a variety of bonus point offers.
I have all my banking through ING , i.e. 3 x mortgages and a couple of offset accounts, I'm looking for a credit card that I could use to pay my monthly expenses off with and reap any benefits I can whilst doing so, so my questions would be 1. Can I auto sweep Clear my credit card with my ING account 2. What provider do you think would be best for me. I would be expecting to be using up to 3 to 4k a month.
Hi Jim, thanks for your great comment. Unfortunately, we can’t recommend one credit card over the other. What is best for you will come down to a range of factors and what you decide on. Generally speaking the majority of credit cards have an auto sweep payment option, you just have to set up the authorisation. There’s a wide range of options for “benefits” and that comes down to whether you want frequent flyer points, credit card rewards or cashback options, to name a few. You can use CreditCard.com.au to read detailed reviews and compare cards side by side to figure out which card could be for you.
I turned 80 years of age on 26 September , 2021. Am I eligible for the ANZ PLATINUM CREDIT CARD' Does the Card cover sickness while overseas or on a cruise
Hi Roma, I checked on ANZ Rewards Platinum credit card’s eligibility criteria and it does not say the maximum age. Keep in mind that while there is legislation around age discrimination for financial products, the bank has final say on who they approve for a credit card. As for the insurance, I do see that it does have the International Travel Insurance which covers sickness too. You can check further details in their insurance coverage for more information.
Does the ANZ PLATINUM CREDIT CARD cover international cruises and what are the conditions relating to insurance cover for sickness from pandemic or apedemic
Hi John, the ongoing COVID-19 pandemic is ever changing and the response from each insurance underwriter varies. Many countries require you to have a seperate travel insurance policy that has a specified amount of COVID-19 insurance that is not provided with complimentary travel insurance. As this is an evolving situation, please check out the official ANZ Travel Insurance FAQs.
This credit card provides travel insurance. Is there a time limit on the insurance? Is there an age limit and does it cover the USA and the UK? Is health insurance part of the cover?
Hi Debra, according to the PDS (at the time of writing), the maximum age is 80 and your travel insurance is valid for your journey for a period of up to six consecutive months. In regards to countries that are covered, it would be best to check with ANZ as the COVID-19 situation is always changing and travel advice is changing constantly. Health insurance isn’t one of the inclusions with this card. You’ll need to explore your options outside of complimentary travel insurance. Hope this has helped!
I am trying to find out what is included or excluded from eligilble purchases - is there a document detailing this?
Hi Hylton, eligible purchases are everyday transactions you make like payments made towards groceries, petrol, doctor's appointments, restaurants, etc. Interest charges, fees, cash advances, cash equivalent transactions, balance transfers, transactions for gambling or gaming purposes and reversed or refunded transactions, these will not count towards your qualifying eligible purchases. This can also include government fees like the ATO and council rate notices etc.
i am after rewards credit card not deciding which is best to pick i want low fee card with good rewards is there any card have that options
Hi Rish, thanks for your question. While we cannot recommend one card over another, it’s understandable to get a bit confused. There are a lot of cards that have a lot of different offers out there. You can use our handy comparison tool on the rewards credit cards page to sort by earn rate, bonus points and fees. You can then add the cards to your shortlist to do a comparison side by side and then make a decision. Let us know how you go!
Do I get 120,000 points every year?
Hi Matthew, thanks for your question! The 120,000 points is an incentive to get you to sign up with ANZ. The bonus points will be given to a if you meet the minimum spend requirement in the first 3 months from when you’re approved. You’ll also earn 1.5 Reward Points for every $1 spent on eligible purchases up to $2,000, and 0.5 Reward Points per $1 spent above the $2,000 cap per statement period. Let us know if you get this card by leaving a review once you’ve used it!
Hi, I am after business credit card which offer virgin velocity points. Is there a recommended one I will need at least 8 to 9 cards upto 5k limit on each prefer with annual fee is reasonable or some offers going on Thankyou
Hi Kamla, thank you for your question. Whilst we are not able to recommend one card over another, there are several cards to choose from (e.g. American Express Velocity Business Charge Card which is a business card that earns velocity points, and Virgin Australia Velocity Flyer that also earns velocity points). We suggest heading over to the list of Business credit cards and Velocity credit cards we created, and reviewing your card options.
Can you cancel this credit card anytime?
Hi, thanks for your question! For information on cancelling cards, you should deal with the bank directly. Thanks!
Can the Rewards Points for ANZ Rewards Platinum Card be converted into Qantas points, if so is it 1 to 1 conversion
Hi Cecilia, no, ANZ Reward Points do not convert to Qantas. They normally convert to Velocity (at a rate of 2:1) but redemption was suspended at the start of Covid and has not resumed. They also convert to Airpoints, KrisFlyer Miles and Asia Miles. I hope that helps.
Is there a minimum income required for this card?
Hi Jana, ANZ does not list a minimum income requirement for this card. Your income and assets will be weighed against your expenses & liabilities and that will help determine your eligibility. You will need to be able to service at least the minimum credit limit of $6,000. I hope that helps.
Featured Credit Cards
Citi Premier Qantas Credit Card
100,000 bonus points + annual fee discount
points earned over 12 months
ANZ Frequent Flyer Platinum Credit Card
$0 annual fee first year + 70,000 bonus Qantas Points
points earned over 12 months
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