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Card Overview
ANZ is offering 200,000 extra ANZ Business Reward Points for new cardholders of the ANZ Business Black Credit Card who spend $10,000 or more on eligible purchases within 3 months from approval.¹ The card includes complimentary domestic and international travel insurance (eligibility, T&Cs, exclusions and limits apply)³ and earns uncapped ANZ Reward Points on eligible spend⁵. New card. T&Cs, eligibility criteria, fees and charges apply (including an Annual Fee, currently $300 plus a Rewards Fee, currently $75 per card per year.)
Key Attributes
Earn
ANZ Reward Points per $1
1.5 Points
on eligible purchases up to $10,000 per statement period, then 1 Point thereafter⁵
0.5 Points
on taxation payments, uncapped⁵
Travel Benefits
Travel Insurance
Domestic & International Travel Insurances.³ T&Cs, eligibility criteria, exclusions and limits apply.
Bonus Minimum Spend
$10,000
or more on eligible purchases in the first 3 months from approval.
Annual Fee
$300 p.a.
$300 p.a. (one fee per account) + $75 rewards fee (per individual card holder per year)
Points Cap
Yes
Up to $10,000 per statement period, then 1 Point per $1 after.⁵
ATO Points
Yes
Overseas Transaction Fee
3%
of converted amount
Interest-free period
Up to 44 days
Purchase Rate
20.24% p.a.
Cash Advance Rate
21.74% p.a.
Why Choose This Card
The ANZ Business Black Credit Card is worth considering for small and medium businesses looking to earn flexible reward points on everyday business spending, while benefiting from a range of redemption options and practical tools for managing employee expenses.
We like its earn rate of 1.5 ANZ Business Reward Points per $1 on eligible purchases up to $10,000 per statement period, and 1 Point per $1 thereafter, with no cap on the total Points you can earn. Eligible ATO payments also earn 0.5 ANZ Business Reward Points per $1. Points can be transferred to several airline loyalty programs, including Velocity Frequent Flyer, Singapore Airlines KrisFlyer, Cathay Asia Miles and Air New Zealand Airpoints, or redeemed for gift cards and cashback.
The card also includes complimentary domestic and international travel insurance, up to 44 interest-free days on purchases, and access to the ANZ Global Business Concierge. Businesses can set spending limits and merchant restrictions for each cardholder, while transaction data can be integrated with accounting platforms such as Xero, MYOB and QuickBooks Online.
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.
Extra Benefits
Complimentary Insurance
Complimentary Domestic and International Travel Insurance³
Mobile Wallet
Apple Pay, Garmin Pay, Google Wallet and Samsung Pay
ANZ is offering 200,000 extra Business Reward Points1 for new cardholders of the ANZ Business Black Card who are approved, and spend $10,000 on eligible purchases in the first 3 months from approval. T&Cs, eligibility criteria, fees and charges apply.
Digging into the details of the ANZ Business Black card
Running a business, want to earn points and have choices in how to redeem them? The ANZ Business Black card may just be for you. The card offers the ability to earn uncapped Business Reward Points5, so no more worrying about hard earn caps that see you earning no points on your purchases.
When it comes time to redeem your ANZ Business Reward Points, you will have various redemption options available. It’s all about choice. Choice of redemption options and choice of redemption partners.
Fancy some retail therapy or reducing your business capex spend? Then, a digital gift card may just be what’s in store. With 37 retailers such as Woolworths, Myer and Bunnings as card partners, you’re sure to find exactly what you need.
If reducing your business travel budget is more your thing, then you’re looked after here too. You can choose from four airline programs to redeem your ANZ Business Reward Points with. These are:
| Airline Program | Redemption Rate6 |
|---|---|
| Velocity Frequent Flyer Points | 2:1 |
| Air New Zealand AirPoints | 200:1 |
| Cathay Asia Miles | 3:1 |
| Singapore Airlines KrisFlyer Miles | 3:1 |
For example, 100,000 extra ANZ Business Reward Points will get you 50,000 Velocity Points, 500 Airpoints Dollars, and 33,000 Asia Miles or KrisFlyer Miles.
And don’t forget the option to redeem your Business Reward Points for cashback on your credit card if you’re just looking to take the sting out of the cost of doing business.
| Card | ANZ Business Black card |
| Loyalty Program | ANZ Business Rewards |
| Points earned from spend | Earn 1.5 ANZ Business Reward Points per dollar on eligible purchases up to and including $10,000 per statement period and 1 ANZ Business Reward Point per dollar spent on eligible purchases thereafter5 |
| Interest free days on purchases | Up to 44 days2 |
| Included Insurances | Domestic & International Travel Insurance3 T&Cs, eligibility criteria, exclusions and limits apply. |
| Mobile wallet | Apple Pay, Garmin Pay, Google Wallet and Samsung Pay |
| Annual fee | $300 p.a. (one fee per account) + $75 p.a. Rewards fee (per individual card holder) |
Earning Points with the ANZ Business Black card
With the ANZ Business Black card, businesses can earn uncapped ANZ Business Reward Points on eligible purchases at the following rates5:
- 1.5 ANZ Business Reward Points for every $1 spent on eligible purchases, up to and including $10,000 per statement period.
- 1 ANZ Business Reward Point for every $1 spent on eligible purchases above $10,000 per statement period, uncapped.
- 0.5 ANZ Business Reward Points for every $1 spent on taxation payments, uncapped.
How to apply for the ANZ Business Black card
Eligible customers can apply for the ANZ Business Black card online in about 20 minutes via ANZ GoBiz if your business:
- Uses Xero, MYOB or Intuit QuickBooks, and gives ANZ one-off access to the business’ financial data.
- Has at least 6 months of reconciled financial data in Australian dollars.
- Operates under a registered ABN/ACN
- Is registered for GST if its annual turnover is $75,000 or more.
- Has an annual turnover of less than $75 million.
If you’re not eligible to apply online, you can instead speak to an ANZ banker. This could be handy if you don’t use accounting software, or use a different platform to those listed above.
Other benefits of the ANZ Business Black card
Along with the ability to earn Business Reward Points, the ANZ Business Black card offers a collection of other key perks. Here’s a brief overview:
- Domestic and international travel insurance (eligibility, T&Cs, exclusions and limits apply).3
- Unauthorized Transaction Insurance insures your business against unauthorised card use for up to $37,500 per cardholder and $200,000 maximum for the total account, in any 12 month period.3
- Set monthly spending caps, per-transaction limits and merchant category controls for each cardholder.
- A low minimum credit limit of just $5,000, which may appeal to smaller businesses.
- Transaction data feeds into Xero, MYOB, Intuit QuickBooks Online and more.
- Access to the ANZ Global Business Concierge.4
Some businesses may find great appeal in the ability to set limits per cardholder. For instance, setting a monthly spending cap could help ensure credit card transactions remain within an allocated budget. A per-transaction limit can also help avoid unauthorised large purchases.
Moreover, being able to set merchant category restrictions could add further peace of mind. For instance, one employee may be issued a card strictly for meal expenses on business trips. Their card could be set only to allow purchases at restaurants, cafes, and takeaway stores. Thus, even trying to sneak a Chanel handbag onto an expense report just wouldn’t happen because the card simply wouldn’t work at a luxury retailer.
Alternatively, the business might issue a card to be used exclusively for an employee’s travel expenses. Transactions with airlines, hotels, car hire companies, and taxis should be given a green light. Purchases at hardware stores, on the other hand, could be restricted. Chances are, if an employee follows the business’ expense policies, they wouldn’t even notice the card has restrictions.
Mobile wallet integration
The ANZ Business Black card supports all the major mobile wallets available in Australia. This allows cardholders to use their phone or smartwatch to pay for goods and services in lieu of a physical credit card.
Like many banks, ANZ offers Apple Pay, Google Wallet and Samsung Pay. But adding to those staples, ANZ supports Garmin Pay too. This allows cardholders to make digital wallet payments on compatible smartphones and smartwatches. ‘Forgetting’ to carry the business’ credit card can be a thing of the past.
Summing up
For businesses looking to earn ANZ Business Reward Points on their business expenses and have a choice on how to redeem them, then this card may be for you. From digital gift cards to ANZ cashback to transferring to a range of airline partners, the choice is yours. And with uncapped earning potential, you’ll earn points for every eligible dollar spent.5
For those looking to transfer their points to an airline program, this card will especially appeal to those looking to earn points with Virgin Australia, Air New Zealand, Cathay and Singapore Airlines. If you’re looking to earn Qantas Points, there is a separate card for that, the ANZ Qantas Business Reward card. Just remember that flight rewards and upgrades are always subject to availability.
As a final sweetener, if your business spans international borders, the global acceptance of Visa and no limit on the number of cards issued to employees means that eligible purchases made at home and abroad can earn points, maximising the points earning potential.
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.
-
Have at least 6 months of reconciled financial data in AUD
-
Operate under a registered ABN/ACN (companies must have both an ABN and ACN)
-
Be GST registered if annual turnover is $75,000 or more
-
Annual business turnover of $75 million or less
Terms and Conditions
1. Extra Points
Offer available to new and approved applicants who apply for a new ANZ Business Black account. ANZ may terminate, withdraw or vary this offer at any time without prior notice. This offer applies only once per new ANZ Business Black account. Offer is not available when transferring from an existing ANZ Business credit card account and/or adding an additional account to an existing ANZ Business credit card contract. You are not eligible for this offer if you currently hold or have held an ANZ Qantas Business Rewards and/or ANZ Business Black account in the last 12 months. Your application must be approved, and you must activate your ANZ Business Black account and make $10,000 worth of eligible purchases within 3 months of approval to receive the 200,000 extra Business Reward Points. Eligible purchases mean purchases which are eligible to earn Business Reward Points. Certain transactions and other items are not eligible to earn Business Reward Points. For details refer to the ANZ Business Rewards Program Terms and Conditions (PDF). The 200,000 extra Business Reward Points will be credited to the Principal within 3 months of the eligible spend criteria being met. If you transfer or cancel your new ANZ Business Black account before the extra Business Reward Points are processed to your account, you will be ineligible for this offer. If any repayments are overdue before the relevant extra Business Reward Points are processed to your account, you will be ineligible for this offer until any overdue amount and amounts shown on your statement as being payable immediately have been paid.
2. Interest free days
Interest free days do not apply if you do not pay your Closing Balance in full by the Due Date each month. Payments to your account are applied in the order set out in the ANZ Commercial Card (ANZ Business One) Terms and Conditions (PDF).
3. Complimentary insurances
Complimentary credit card insurance covers provided are part of a Group Policy issued by AWP Australia Pty Ltd ABN 52 097 227 177 AFSL 245631 (trading as Allianz Global Assistance) under a binder from the underwriter, Allianz Australia Insurance Limited (Allianz) ABN 15 000 122 850 AFSL 234708 to Australia and New Zealand Banking Group Limited (ANZ) ABN 11 005 357 522 AFSL and Australian credit licence 234527 which allows eligible ANZ account holders and cardholders to claim under the Group Policy as a third party beneficiary by reason of the statutory operation of Section 48 of the Insurance Contracts Act 1984 (Cth). The eligibility criteria, terms, conditions, exclusions, limits and applicable sub-limits of the group policy are set out in the ANZ Commercial Card (ANZ Business One) Terms and Conditions (PDF) and the ANZ Business Black and ANZ Qantas Business Rewards Complimentary Travel Insurance Policy Information Booklet (PDF) as applicable which may be amended from time to time. An excess may be deducted from any benefit paid. ANZ does not guarantee this insurance. Any advice has been prepared without taking into account your objectives, financial situation or needs. You must check whether or not it is appropriate, in light of your own circumstances, to act on this advice.
4. ANZ Global Business Concierge
Terms and Conditions apply to use of the ANZ Global Business Concierge. Visit ANZ Global Business Concierge Terms and Conditions (PDF) to view the full terms.
5. Earning Points
Reward Points and Bonus Reward Points accrue in accordance with the ANZ Business Rewards Program Terms and Conditions (PDF). Certain transactions and other items are not eligible to earn Reward Points. For details refer to the Business Rewards Program Terms and Conditions (PDF).
6. Points Redemption
Minimum Redemption thresholds apply. To redeem ANZ Business Reward Points for Velocity Points, Airpoints or Airmiles, you must be a member of the relevant program and an ANZ Business Rewards Account Holder. Refer to the relevant program terms and conditions for details: Velocity Member Terms and Conditions, Air New Zealand Airpoints terms & conditions, Asia Miles Terms and Conditions, and KrisFlyer Terms and Conditions. Business Reward Points are subject to ANZ Business Rewards Program Terms and Conditions (PDF).