ANZ are offering 75,000 bonus Qantas Points and $75 back to your card for new applicants of the ANZ Frequent Flyer Platinum Visa until 31 March 2019, and is a great option for those on lower incomes.
There’s also an offer of 120,000 bonus Qantas Points and $150 back with the ANZ Frequent Flyer Black Visa which we cover in a separate guide here.
This guide covers the earn rates, caps and benefits of the ANZ Qantas Frequent Flyer Platinum Visa.
How you could use the bonus points from this card
All redemption figures shown are examples only and exclude accompanying taxes and fees. Points redemption price data is provided by a third-party, so inaccuracies may be present. Please check with the airline directly for a complete and accurate total redemption cost.
A minimum spend of $5,000 within the first 3 months is required to receive the 75,000 bonus Qantas Points and the $75 credit, which helps to offset the $295 annual fee. Eligible purchases cover most transactions, with the normal exclusions of fees, cash, cash equivalent transactions, balance transfers and transactions for gambling or gaming.
Digging into the details of the ANZ Frequent Flyer Platinum Visa
|Card||ANZ Frequent Flyer Platinum Visa|
|Loyalty program||Qantas Frequent Flyer|
|Points earned from spend||0.75 Qantas Points per $1 spent on eligible purchases up to $3,000 per statement period, then 0.5 Qantas Points per $1 spent on eligible purchases above $3,000 per statement period|
|Included insurances||Travel and medical insurance plus 90-day Purchase Security Insurance (PDS)|
|Overseas transaction fee||3% of the converted amount|
The ANZ Frequent Flyer Platinum account comes in at $295 per year, with a $50,000 minimum income requirement for applicants.
The earn rate is 0.75 Qantas Point per $1 spent up to $3,000 per statement period, and 0.5 Qantas Point per $1 thereafter uncapped.
The ANZ Frequent Flyer Platinum cards come with the following benefits on top of the points earned from purchases:
- Overseas Travel and Medical Insurance (PDS)
- Rental Excess Cover
- Personal Concierge booking service
- 90-day Purchase Security Insurance
- Extended Warranty
- Best Price Guarantee Scheme
- Transport Accident Cover when travelling on a plane, tourist bus, train or ferry paid for with your Platinum credit card
- Interstate Flight Inconvenience Insurance
- Access to Visa Platinum Concierge and Visa Platinum privileges
These are all fairly intangible benefits, meaning that some people may get great use out of them, while others wouldn’t value them highly.
It’s hard to say generally if they are worth the $295 annual fee, but if you end up using them, they’ll definitely help justify the fee.
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.
ANZ Apple Pay & Google Pay support
ANZ cards support Apple Pay & Google 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.
The ANZ Frequent Flyer Platinum card offers a decent Qantas Point earn rate if you’re not too concerned by the monthly points cap for your circumstances.
If you want the discounted Qantas Club membership, then the ANZ Frequent Flyer Black Visa may be a better choice, and even more so if you can take advantage of some of the other benefits of the card even with the higher annual fee.
ANZ would also like us to include the following disclaimer.
Qantas Points and bonus Qantas Points accrue in accordance with and subject to the ANZ Frequent Flyer Reward Terms and Conditions booklet (please call 13 13 14 for a copy). Purchases which are not eligible to earn Points are described in the ANZ Frequent Flyer Reward Terms and Conditions booklet, e.g. fees, cash, cash equivalent transactions, balance transfers and transactions for gambling or gaming purposes will not earn Points. Account Holder must be a member of the Qantas Frequent Flyer program to earn and redeem Qantas Points. A joining fee may apply. Membership of the Qantas Frequent Flyer program is subject to the Terms and Conditions of the Qantas Frequent Flyer program. Earn rates and earn rate bands are subject to change.
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