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New card. T&Cs, eligibility criteria, fees and charges apply (including an annual fee, currently $149). Auto-redemption must be kept on until points for relevant criteria have been made available for redemption.
Card Overview
Get up to 80,000 bonus Velocity Points + $50 back with the ANZ Rewards Platinum Credit Card. Earn 60,000 bonus Velocity Points and $50 back when you spend $3,500 on eligible purchases the first 3 months from approval, plus 20,000 bonus Velocity Points when you keep the card for over 15 months from activation.
Key Attributes
Earn
ANZ Rewards per $1
1.5 Points
on eligible purchases. Keep your auto redemption on to convert 2 ANZ Rewards Points into 1 Velocity Point.
Travel Benefits
Travel Insurance
Complimentary International Travel Insurance. T&Cs, limits, applicable sub-limits, exclusions and eligibility criteria apply (PDS).
Concierge Service
Get 24/7, 7 days a week travel and lifestyle services assistance with Personal Concierge.
Points Cap
Yes
Up to $2,000 per statement cycle, then 0.5 pts per $1.
Annual Fee
$149 p.a.
ATO Points
No
Overseas Transaction Fee
3.5%
Interest-free Period
Up to 44 days
Purchase Rate
20.99%
Cash Advance Rate
21.99% p.a.
Why Choose This Card
The ANZ Rewards Platinum Card is an excellent entry-level card for anyone starting their Velocity Points journey. With a low annual fee, it’s one of the most affordable ways to earn Velocity Points through everyday spending. The $50 cashback offer also helps offset roughly a third of the cost, making it even better value in the first year.
You’ll earn 1.5 ANZ Reward Points per $1 on eligible purchases, which converts to 0.75 Velocity Points per $1 at a 2:1 rate — an easy, consistent way to grow your balance without overcomplicating things.
What makes this card particularly appealing is the range of complimentary insurances rarely seen at this level. With international and domestic travel cover, rental vehicle excess cover, and purchase protection including extended warranty insurance, it provides a reassuring layer of protection for anyone getting started with Velocity Points and looking for everyday value (T&Cs, limits, applicable sub-limits, exclusions and eligibility criteria apply).
This guide references some of the benefits of insurance policies provided with this card. You should read the PDS and obtain independent professional advice before obtaining this product.
Where could 80,000 bonus Velocity Points take you?
You could redeem them for the following:
Singapore, redefined in comfort
Fly one-way from Sydney, Melbourne, Brisbane or Adelaide to Singapore in Business Class for 74,000 Points*.
* Taxes, fees and carrier charges apply in addition to Velocity Points redeemed. The above examples are an appropriate guide only and are subject to change.
Double the adventure to Queenstown
Fly return for two from Sydney, Melbourne or Brisbane to Queenstown in Economy for 71,600 Points*.
* Taxes, fees and carrier charges apply in addition to Velocity Points redeemed. The above examples are an appropriate guide only and are subject to change.
Extra Benefits
Complimentary Insurance
Access to five complimentary insurances: International Travel Insurance, Domestic Travel Insurance, Rental Vehicle Excess in Australia Insurance, Purchase Protection Insurance, Extended Warranty Insurance. T&Cs, limits, applicable sub-limits, exclusions and eligibility criteria apply. Read PDS here.
Mobile Wallet
Apple Pay, Google Pay, Samsung Pay, Fitbit Pay and Garmin Pay
ANZ is offering up to 80,000 bonus Velocity Points for new cardholders of the ANZ Rewards Platinum credit card.
The bonus is split into two batches, receive 60,000 bonus Velocity Points and $50 back to your new card when you spend $3,500 or more on eligible purchases within the first 3 months of approval, and an additional 20,00 bonus Velocity Points when you keep your card for over 15 months. Eligible purchases cover most transactions, with the normal exclusions of fees, cash, cash equivalent transactions, balance transfers and transactions for gambling or gaming.
You must also switch on and keep on auto-redemption to transfer your ANZ Reward Points to Velocity Frequent Flyer within 3 months from approval. An SMS or Email will be sent to you to enable this after you have reached the minimum spend requirement. New card. T&Cs, eligibility criteria, fees & charges apply (including annual fee, currently $149 p.a. ongoing).
If you prefer something more flexible, you could apply for the 125,000 bonus ANZ Rewards Points offer on this card here.
Digging into the details of the ANZ Rewards Platinum
The ANZ Rewards Platinum earns ANZ Rewards Points on ongoing spending, ANZ’s own rewards program. We like flexible points programs at Point Hacks – they allow you to earn points in a single program with the ability to move them to a partner program, such as Velocity Frequent Flyer.
Card Details
| Card | ANZ Rewards Platinum |
| Loyalty program | ANZ Rewards |
| Points earned from spend | 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 . Keep on your auto redemption to transfer your ANZ Rewards Points to Velocity Points at 2 Rewards Points for 1 Velocity Points. |
| Included insurances | International Travel Insurance, Domestic Travel Insurance, Rental Vehicle Excess in Australia Insurance, Extended Warranty Insurance and Purchase Protection Insurance (PDS) |
| Overseas transaction fee | 3.5% of the converted amount |
| Mobile wallet | Apple Pay, Google Pay, Samsung Pay, Fitbit Pay and Garmin Pay |
| Purchase rate | 20.99% |
| Cash advance rate | 21.99% |
| Interest Free days on purchases | Up to 44 days |
| Annual fee | $149 p.a. ongoing |
The ANZ Rewards Platinum has a competitive ongoing annual fee of $149, and you’ll 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.
If you keep auto-redemption turned on, the earn rate is equivalent to 0.75 Velocity Points per $ spent on eligible purchases. That is subject to the minimum transfer amount.
Where can I go with the points?
Here’s a quick summary of some of the best redemptions with Velocity Frequent Flyer.
| Route (one-way) | Airline | Economy | Business | First |
| Sydney-Melbourne | Virgin Australia | 7,800 pts | 15,500 pts | n/a |
| Brisbane-Cairns Melbourne-Brisbane | Virgin Australia | 11,800 pts | 23,500 pts | n/a |
| Melbourne-Perth Sydney-Fiji (Nadi) | Virgin Australia | 17,800 pts | 35,500 pts | n/a |
| Perth-Singapore | Singapore Airlines | 25,000 pts | 55,000 pts | n/a |
| Sydney-Singapore Melbourne-Singapore Brisbane-Singapore | Singapore Airlines | 29,000 pts | 67,000 pts | 95,000 pts |
| London-New York | Virgin Atlantic | 22,300 pts | 49,500 pts | n/a |
| Sydney-Los Angeles | United | 44,800 pts | 95,500 pts | n/a |
| Brisbane-Vancouver | Air Canada | 56,000 pts | 104,000 pts | n/a |
| Perth-Paris(one-stop) | Qatar Airways Singapore Airlines | 65,100 pts | 121,000 pts | 171,000 pts |
| Sydney-London (one-stop) | Qatar Airways Etihad Singapore Airlines | 75,000 pts | 139,000 pts | 203,000 pts |
Fees, taxes and charges apply to all reward seats and may vary depending on route and airline. Virgin Australia, Qatar Airways, Etihad and Singapore Airlines reward seats have additional carrier charges, which are shown in the final price when redeeming points.
Step aboard the Qatar Airways Airbus A380 with Velocity Points.
Other benefits
ANZ Rewards Platinum also includes International and Domestic Travel Insurance, Rental Vehicle Excess in Australia Insurance, Purchase Protection Insurance and Extended Warranty Insurance, click the link to read the PDS. Along with up to 9 additional cardholders ($65 p.a. per additional cardholder).
This guide references some of the benefits of insurance policies provided with this card. You should read the PDS and obtain independent professional advice before obtaining this product.
Apple Pay, Google Pay and Samsung Pay support with ANZ
ANZ cards support Apple Pay, Google Pay and Samsung Pay, meaning you can use their cards on your smartphone for easier payments. Find out more in our guides for each of the compatible services.
Summing up: ANZ Rewards Platinum
The ANZ Rewards Platinum is the middle-ground on ANZ’s Rewards cards range, offering almost all the features of the ANZ Rewards Black but with a lower earn rate, points cap and annual fee.
Eligibility Criteria
These are the minimum requirements to be eligible to apply for this Card. Other additional eligibility criteria, such as proof of income, will generally be required later on.
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Be aged 18 years or over
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Be an Australian resident or a non-permanent resident with more than 12 months remaining on your visa
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Have a good credit history and no payment defaults
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To be eligible for the bonus offer, you must not hold, or have held, an ANZ Frequent Flyer or ANZ Rewards Credit Card in the last 24 months and meet all of the other eligibility criteria
Frequently Asked Questions
How do I access the bonus Velocity offer?
To be eligible for the bonus offer, you must not hold, or have held, an ANZ Frequent Flyer or ANZ Rewards Credit Card in the last 24 months and meet all of the other eligibility criteria. Additionally, you’ll need to enable points auto-redemption to your linked Velocity account.
Is there complimentary insurances with this card?
The ANZ Rewards Platinum Velocity card comes with international and domestic travel cover, rental vehicle excess cover, and purchase protection including extended warranty insurance.
What can I use my points on?
You can use Velocity points on a range of products and services, from flights to gift cards and even at Myer. The best-value rewards tend to be using your points for reward seats or upgrades. See our guide for more info.
Does this card come with lounge access?
You don’t get any lounge passes or access with this card.
What is an eligible purchase?
Most every day purchases are eligible purchases. Certain transactions and other items are not eligible to earn ANZ Rewards Points. Examples of transactions and other items which will not earn ANZ Reward Points are interest charges, fees, cash advances, cash equivalent transactions, balance transfers, BPAY or Post BillPay payments, Government Charges, transactions for gambling or gaming purposes and reversed or refunded transactions will not count towards your qualifying eligible purchases.
Terms and Conditions
* Reward Seat fares
Reward Seat fares are based on Economy Reward Seat availability on Virgin Australia and partner airlines for the selected route (correct as at 15 October 2025). The base fare is payable in Velocity Points, with applicable taxes, fees, and carrier charges payable in addition to the Points redeemed.
Reward Seats are limited and may not be available on all flights or during peak travel periods. Bookings must be made via the Virgin Australia website. Reward Seat bookings and associated charges do not earn Velocity Points. A payment surcharge may apply.
Changes or cancellations can be made for a fee and any fare difference, provided they are requested at least 24 hours before the scheduled departure. For international partner airlines, voluntary changes may require cancellation and rebooking on a new ticket. Where eligible, the original ticket value will be refunded.
Some flights may be operated by partner airlines, and different baggage allowances or conditions may apply. For full fare rules and conditions, visit velocityfrequentflyer.com.
New card. T&Cs, eligibility criteria, fees and charges apply (including an annual fee, currently $149). Auto-redemption must be kept on until points for relevant criteria have been made available for redemption.