- Bonus points: You can earn 90,000 bonus Qantas Points and $200 back on your card when you spend $5000 on eligible purchases in the first 3 months from approval, and 40,000 bonus Qantas Points when you keep your card for over 12 months (this is available to new frequent flyer card members only. T&Cs, eligibility criteria, fees and charges apply (including an annual fee, currently $425)
- Earning points: Earn uncapped points on a tiered scale - 1 Qantas Point per $1 spent up to $7,500 per statement period, then 0.5 Qantas Points per $1 spent above $7,500 per statement period.
- Insurances: Get complimentary international and domestic travel insurance plus rental vehicle excess insurance in Australia.
- Travel perks: Uses 2 Qantas Club lounges per year and get a discount on Qantas Club membership (normally $99)
- Discounts: Through ANZ Cashrewards you can get cashback from over 2000 popular brands
- Compatibility: Syncs with Apple Pay, Google Pay, Samsung Pay, Fitbit Pay, and Garmin Pay.
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ANZ Credit Cards
ANZ Frequent Flyer Black Credit Card
Updated 20 March 2024
One of ANZ’s most action-packed stars, the ANZ Frequent Flyer Black can take you around the world in luxury with its premium extras. You can get up to 130k bonus Qantas Points 🥂, $200 back on your card (details below), and earn 1 Qantas Point per $1, which is one of the highest rates available.
On your travels, you can use complimentary overseas and domestic insurance, rental vehicle excess insurance and 2 Qantas Club lounge visits. This is a top-tier card that deserves the red carpet.
Terms and conditions applyPoints Earn Rate (per $1 spent)
1 point
up to $7,500, 0.5 pts per $1 over $7,500
Rewards Program
Qantas Frequent Flyer
Bonus Points
Up to 130,000 pts
Spend $5,000 within the first 3 months from approval
Pros and cons
- Each additional card holder costs $65 each year
Creditcard.com.au review
Editor Review
ANZ Frequent Flyer Black 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.
Who suits the ANZ Frequent Flyer Black card?
Globetrotter: you love travelling, and get a buzz from earning points that make your trips free and more fun.
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Deal Digger: you're always on the hunt for perks and freebies like insurances, dining discounts and cashback.
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Money Geek: you watch your accounts, and like budgeting and hitting money goals. You want good bang for your bucks.
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⚠ Important changes to ANZ's credit card insurance policies: ANZ is making changes to the complimentary insurances on its credit cards which will take effect from 7 June 2024. A summary of the upcoming changes can be found here.
Editor's Overview
The ANZ Frequent Flyer Black is shaking things up with a massive 130,000 Qantas Points if you meet the eligibility requirements, and one of the highest points-earning rates in town. You could also get $200 back on your card, which offsets the first year’s annual fee and makes it an even better bang-for-your-points card.
It includes rare perks that only ANZ offers, such as Rental Vehicle Excess cover in Australia and cashback offers with thousands of brands. You’ll save on waived fees other cards charge for, including Qantas Frequent Flyer memberships.
This card could be a great travellers companion with the potential to save money on your travel costs, or one to help you earn and redeem points for freebies and even get money back on your spending.
Full Review: ANZ Frequent Flyer Black
If you’re after Qantas Points, the ANZ Frequent Flyer Black delivers one of the highest earn rates. It’s a good companion for travellers with its mix of international insurances, lounge visits and some pretty epic bonus points if you hit the spending requirements.
It does have a higher annual fee, but that is standard for higher-tier Qantas Points-earning cards. I’ll run through its features and perks, and then look at how to use the card.
Bonus points: To earn the 90,000 Qantas Points and $200 back on your card, you’ll need to spend at least $5000 in the first 3 months. You'll also get another 40,000 Qantas Points by keeping your card for at least a year. You also can’t have held an ANZ frequent flyer credit card in the previous 12 months.
Qantas Club visits: You’ll get 2 visits to a Qantas Club Lounge or Qantas-operated International Business Lounge every 12 months. The invites are single-entry only, only for a single person, not you and a guest. You have to book your lounge visit using the free ANZ Personal Concierge service and must be travelling on a Qantas or Jetstar flight with a QF or JQ flight number.
Bonus Qantas Points: You can earn 1 bonus Qantas Point when you buy Qantas passenger flights and membership fees like Qantas Frequent Flyer and Qantas Club. Bonus points are uncapped.
Discounts on memberships: This card comes with a complimentary $99.50 Qantas Frequent Flyer membership, which is something most cards are removing but ANZ still offers. You can also get a discount on your first year’s Qantas Club membership, which could save you up to $256.
How can you use the ANZ Frequent Flyer Black as a traveller?
Much like a good travel agent, this card helps you save money on your travel essentials and gives you discounts on dining and interesting experiences. It has some standout features like Rental Vehicle Excess insurance in Australia, which I can tell you from experience is a relief to have when a rock comes hurtling at your rental car while you’re driving through the Tasmanian mountains.
| Feature | How it helps travellers |
|---|---|
| International and Domestic Travel Insurance | This travel insurance activates when you meet the Eligibility for Cover terms, which include spending at least $250 on travel costs on your card. You and your eligible spouse and dependants under age 25 are included on the insurance. The insurance may cover unexpected expenses such as cancellations, medical expenses, loss or theft of property and more for travel up to 6 months. |
| Rental Vehicle Excess in Australia | This insurance can help with the costs of rental vehicle damage and theft. A rental vehicle includes a campervan or motorhome up to 4.5 tonnes and most regular cars like sedans, hatchbacks, SUVs and people movers. |
| ANZ Cashrewards | ANZ cardholders can access exclusive cashback deals with over 2000 major brands that include car rental hire, accommodation and retail stores. There are no membership fees and you can earn cashback online and in-store. |
How many Qantas Points can you earn?
The ANZ Frequent Flyer Black earns unlimited points, but does have a tiered system plus bonus points for certain products. Here’s how it looks:
- You’ll earn 1 Qantas Point per $1 spent up to $7,500 per statement period
- Then you’ll earn 0.5 Qantas Points per $1 spent until the next statement period
- 1 bonus point is earned when you purchase certain Qantas products such as Qantas and Jetstar flights or membership fees.
The Qantas Points program stands out from other frequent flyer programs because it’s flexible to use. Qantas has done a truly stellar job of making points redemption easy and gives you a huge range of ways to spend them.
For instance, its Qantas Marketplace has over 20,000 products from 900 big brands that include fashion, technology, sport and more. Or, you can redeem points for Qantas or Jetstar flights and flight upgrades or to book accommodation.
Qantas is a member of the oneworld global alliance, which means you can use Qantas Points or Points+Pay to purchase flights on over 30 airlines worldwide.
More deal-sweeteners and perks
Let's take a look at some of the other extras on the ANZ Frequent Flyer Black card.
| Feature | How it helps you |
|---|---|
| Concierge services | Massively underrated, concierges are on-hand 24/7 to help you organise travel, accommodation, entertainment bookings, shopping and source information on services like pet care. |
| Insurance | You’ll get Purchase Protection Insurance and Extended Warranty Insurance on eligible purchases. These insurances can help you save money on lost, damaged and stolen items. |
| Exclusives by ANZ | A perk reserved for ANZ Black cardholders only, exclusives by ANZ gives you access to once-in-a-lifetime experiences. For instance, you might be invited to a meet-and-greet with tennis players at the Australian Open, or a ticket to the Archibald Prize dinner. |
| ANZ Instalment Plans | In Buy now pay later fashion, you can break up big purchases and repay them over 3, 6 or 12 months. |
| Digital device compatibility | Syncs with Apple Pay, Google Pay, Samsung Pay and wearables like Fitbit and Garmin. |
What’s not so great
The downsides of this card are not too bad compared to others in the premium credit card tier.
The annual fee is on the higher end of the scale but it sits about right for a premium card that earns Qantas Points and comes with all its other perks like travel insurance. The annual fee is made up of a $370 annual fee and a $55 Rewards Program Services Fee. You’ll need to work out if you’ll earn enough points to cover (and surpass) the cost of the annual fee.
If you’re thinking of adding extra cardholders, just know that it costs $65 per year for each additional cardholder ($10 card fee plus $55 for the rewards service fee). Of course, you’ll hopefully be doubling down on earning points, and any additional cardholders can access the extras like insurance, too.
Who is this card for?
The ANZ Frequent Flyer Black could suit you if:
- You typically use Qantas, Jetstar or partnering airlines for travel and want to earn and redeem points for flights and upgrades
- You’re a frequent traveller and want a card that makes travel cheaper
- You’re a pro at using points to get freebies
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 55 days
Credit limits
Minimum credit limit $15,000
Maximum credit limit N/A
Fees & repayments
Annual fee $425 p.a.
Additional cardholder fee Up to 9 - $65 p.a. each
Foreign transaction fee 3%
Minimum repayment 2% or $25, whichever is greater
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
Qantas Frequent Flyer
Bonus points Up to 130,000 points
Annual points cap uncapped
Bonus points spend criteria Spend $5,000 within the first 3 months from approval
Earning points with this card
Qantas Rewards points 1 point per $1 spent
Points cap per month up to $7,500, 0.5 pts per $1 over $7,500
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
Complimentary Qantas Frequent Flyer membership (save $99.50)
Eligible with Apple Pay, Google Pay, Samsung Pay, Fitbit Pay, and Garmin Pay.
Two Qantas Club lounge access passes per year
Overview
ANZ Frequent Flyer Black Credit Card
Key features
- Earn up to 130,000 bonus Qantas Points - 90,000 bonus Qantas Points and $200 back to your new ANZ Frequent Flyer Black credit card when you spend $5,000 on eligible purchases in the first 3 months from approval PLUS 40,000 bonus Qantas Points when you keep your card at least 12 months. Available to new ANZ Frequent Flyer cardholders only
- Earn 1 Qantas Point per $1 spent on eligible purchases up to $7,500 per statement period, then 0.5 Qantas Points per $1 spent on eligible purchases above $7,500 per statement period.
- Uncapped points earning
- Complimentary Qantas Flyer program membership (save $99.50)
- Get cashback from over 2,000 popular merchants through cashrewards
- ANZ Falcon fraud monitoring + ANZ Fraud Money Back Guarantee
- 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
- Concierge service
- Eligible 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 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
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