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Up to 125,000 extra ANZ Rewards Points + $50 back with the ANZ Rewards Platinum Credit Card

Card Overview

Get up to 125,000 extra ANZ Reward Points and $50 back to your new card – 85,000 Reward Points when you spend $3,500 in the first 3 months from approval, and an additional 40,000 Reward Points when you keep your card for over 15 months from activation. You can convert your Reward Points into Velocity Points at a 2:1 ratio (current bonus offer equals 62,500 Velocity points). Enjoy international and domestic travel insurance, and earn 1.5 Reward Points per $1 on eligible purchases up to $2,000 per statement period, and 0.5 thereafter. The annual fee is $149. T&Cs, eligibility criteria, fees and charges apply.

Key Attributes

  • Up to 125,000 extra ANZ Rewards Points + $50 back, receive 85,000 extra Reward Points plus $50 back to your new card when you spend a minimum of $3,500 on eligible purchases within the first 3 months of approval, and an additional 40,000 Reward Points when you keep your card open for over 15 months from activation
  • Complimentary Travel Insurance
  • Apple Pay and Google Pay supported
  • Earn 1.5 ANZ 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
  • Annual Fee: $149 p.a.

ANZ is offering up to 125,000 extra ANZ Rewards Points plus $50 back for new cardholders of the ANZ Rewards Platinum credit card. This guide covers the earn rates, caps and benefits of the ANZ Rewards Platinum card.

The bonus is split into two batches, receive 85,000 extra Reward Points and $50 back to your new card when you spend $3,500 or more on eligible purchases within the first 3 months from approval, and an additional 40,000 Reward Points when you keep your card for over 15 months from activation. Eligible purchases cover most transactions, with the normal exclusions of fees, cash, cash equivalent transactions, balance transfers and transactions for gambling or gaming.

New card. T&Cs, eligibility and spend criteria, fees & charges apply (including annual fee currently $149 p.a. ongoing). Note that bonus points won’t be awarded to those who have held (or still hold) an ANZ Rewards or ANZ Frequent Flyer credit card in the last 24 months.

The 125,000 extra ANZ Reward Points could get you $500 in eGift Card from Bunnings, Woolworths, Myer, David Jones, JB HiFi, Coles or Kmart.

You can also opt to convert the points into Velocity Points at a 2:1 ratio, or to KrisFlyer miles and Asia Miles at a 3:1 ratio. This means the current bonus point offer is equivalent to 62,500 Velocity Points or about 41,000 KrisFlyer/Asia Miles.


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 of choice (such as Velocity or KrisFlyer) at a later date.

Card Details

CardANZ Rewards Platinum
Loyalty programANZ Rewards
Points earned from spend1.5 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 
Included insurancesInternational Travel Insurance,
Domestic Travel Insurance,
Rental Vehicle Excess in Australia Insurance,
Extended Warranty Insurance and Purchase Protection Insurance
(PDS)
Overseas transaction fee3.5% of the converted amount
Mobile walletApple Pay, Google Pay, Samsung Pay, Fitbit Pay and Garmin Pay
Purchase rate20.99%
Cash advance rate21.99%
Interest Free days on purchasesUp 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.

The earn rate is equivalent to 0.75 Velocity Points or 0.5 KrisFlyer miles or Asia Miles, or 0.0075 Airpoints per $ spent on eligible purchases. That’s subject to minimum transfer amounts out to partner frequent flyer programs.

Where can I go with the points?

See our guide to the best uses of 80,000 Velocity Points for more info. But here’s a quick summary of some of the best redemptions with Velocity Frequent Flyer.

Route (one-way)AirlineEconomyBusinessFirst
Sydney-MelbourneVirgin Australia7,800 pts15,500 ptsn/a
Brisbane-Cairns
Melbourne-Brisbane
Virgin Australia11,800 pts23,500 ptsn/a
Melbourne-Perth
Sydney-Fiji (Nadi)
Virgin Australia17,800 pts35,500 ptsn/a
Perth-SingaporeSingapore Airlines25,000 pts55,000 ptsn/a
Sydney-Singapore
Melbourne-Singapore
Brisbane-Singapore
Singapore Airlines29,000 pts67,000 pts95,000 pts
London-New YorkVirgin Atlantic22,300 pts49,500 ptsn/a
Sydney-Los AngelesUnited44,800 pts95,500 ptsn/a
Brisbane-VancouverAir Canada56,000 pts104,000 ptsn/a
Perth-Paris(one-stop)Qatar Airways
Singapore Airlines
65,100 pts121,000 pts171,000 pts
Sydney-London (one-stop)Qatar Airways
Etihad
Singapore Airlines
75,000 pts139,000 pts203,000 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.

Apple Pay Australian Banks | Point Hacks

Card 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.

  • Be 18 years old of age or over, and;
  • Be a permanent Australian resident or a non-permanent resident with more than 12 months remaining on your visa
  • Ensure if applying for this offer, you don’t currently hold and haven’t held an ANZ Frequent Flyer or ANZ Rewards credit card in the last 24 months and meet all other offer eligibility criteria.

Frequently Asked Questions

How do I redeem my ANZ credit card points?

ANZ Rewards Points can be redeemed via the ANZ App or ANZ Internet banking.
1. Access your ANZ Rewards account via the ANZ App or ANZ Internet Banking
2. Choose your desired reward (e.g. Velocity Points or Gift Cards)
3. Choose the number of points or the value of the gift card (for example), then click ‘Redeem’.

How do I claim my ANZ Rewards Points?

Points that you earn with the ANZ Rewards Platinum Card will automatically be credited to your ANZ Rewards account, even if you haven’t actually set one up yet.

If this is your case, don’t fear. Your points are still safe. Just register with ANZ Rewards to create a username and password. Once you log in, you will have full access to your points for redemption.

What are ANZ eligible purchases?

Some transactions and other items are not eligible to earn ANZ Rewards Points. Please refer to the ANZ Rewards – Rewards Program Terms and Conditions booklet for details.

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.

With a program like ANZ Rewards for ongoing spend, the key benefit is in the additional options that having many program transfer partners on offer gives when it comes to redeeming your hard-earned points. It does make managing your points a little more time-consuming as you have to factor that into your travel plans.

Up to 125,000 extra ANZ Rewards Points + $50 back with the ANZ Rewards Platinum Credit Card was last modified: November 18th, 2025 by
Community Comments
  1. Hi all,

    I recently just passed the minimum spend for this one. I’ve got some flights I want to book by converting the ANZ points to Velocity points asap for early August. Judging by the comments on this thread I don’t like my chances of getting the points in time.

    Is this still the case?

    Has anybody had any success calling up ANZ and get them to hurry the process along?

    Any feedback would be fantastic

  2. Hi Points hack,

    I applied and was approved for this offer back in October 2022, and met the eligibility within a month. I received the cash back in December along with a text message with a link to claim my velocity points.

    The issue is, the link requires a unique code to continue which supposedly sends to my email address. Multiple calls to ANZ later has taken me no closer to solving this, just a lot of confused customer reps and the same text message being sent another 3 times.

    1. Hi Thomas, from personal experience, I received a text message from ANZ that had both the link and the activation code in the same message. It says “To redeem, click the link before the expiry date of XXX: , enter your reward code XXXXXXXXXX”. I was able to redeem it in one go. Does that appear for you?

    2. Hi Thomas
      Really helpful if you included in your post information about the cap ANZ has on reward points per month. Discovered this only recently to my huge disappointment.
      Cheers

  3. Hi Brandon (or any other staff), do you have any idea how we claim the $95 Virgin travel credit? I assume the $50 credit will go onto the card (but when?) while Velocity status credits and 75k Velocity points will be credited. It would be great if you could communicate with your readers and offer some advice and confirm these things instead of cherry picking your replies. Don’t point us in the direction of the ANZ call centre which are neigh useless. Point Hacks is receiving commission from each signup through their website and various social media presences, therefore hold some responsibility. Look forward to your timely reply

    1. Hi G, we’ve spoken to ANZ and they’ve confirmed that the rewards will be issued within 3 months of being the eligible spend criteria, as per the T&C’s. Unfortunately, we can’t ask ANZ to expedite this even if you meet the eligible spend early. Having said that, keep an eye out after the next statement is issued, as the rewards could be processed then. If there’s any delay beyond the published 3-month wait, then we can follow that up with ANZ.

      1. Hi Brandon, thanks for following up. Points normally credit quite fast with ANZ (historically), I guess I’m wondering re the $50 cashback and the $95 Virgin travel credit (and also, how it would be used? Is it Travel Bank like the credits during Covid?). I’ve seen this question asked before, but not answer to it. Will keep this page posted on progress. Still think this promo has been a little shambolic. As I mentioned in a response to Gianni, a friend applied at the same time as me and has had 4 different calls asking for certain info (info has been emailed now 4 times) and things just don’t seem to progress.

      2. Hi G, we’ve been instructed by ANZ to give you this dedicated address for your queries – hopefully they’ll be able to assist better than the call centre: [email protected]. Do let me know if you’re still having issues after contacting them.

      3. Update: received SMS from ANZ today (22/12) confirming the promo & 75k Velocity points and 30 status credits were credited to my Velocity within 5 minutes of inputting my info. The confirmation email said the $95 Virgin travel credit will be emailed within 4 months from today and lastly, the $50 credit to the ANZ card will arrive within 3 months. That’s an annoyance because it means one must keep the card open to receive their goodies, with the card now dormant and not required. Compared to the ANZ Qantas Rewards promos (which I apply for and cancel every 15 months or so), this this ANZ Rewards promo has been messy and we are left guessing. I urge people to screenshot all stages of their application and keep a record so if they don’t receive their entitlements, then a simple Ombudsman case that will be ruled in their favour. Contacting the overseas ANZ call centre is a fate on par with calling QANTAS in Fiji or SA.

  4. Any news on the point hacks offer that was available for 75,000 velocity points? Applied not long after the offer commenced, have made the minimum spend , auto redemption on and still get to receive any of the bonuses.
    I see now the offer has changed to bonus ANZ rewards points and no mention of velocity points. Touch wood the 75,000 points come soon.

    1. Hey Gianni, I’m in the same boat as you. This ANZ Rewards promotion has been an absolute shambles! I got the card and hit spend and completed the requirements but have heard nothing as to how to receive the flight voucher, have not received the $50 cashback and the bonus points haven’t been credited as yet. I tend to screenshot all pages of my application and also screenshot the promo so that if there are any hassles when it comes to my payday, it is an easy win Ombudsman case. A friend applied for the same card at the same time and has received four (4) separate calls and requests for more information (info they’ve now submitted four times). These are from ANZ call centres on the sub continent. Their card application still isn’t approved or declined. If Pointhacks and co receive a commission for us signing up, then surely they could keep us updated as to how things are going with the promo, and whether a promo has been pulled. Dealing with the overseas ANZ call centre is like banging your head against a wall.

  5. How do we receive our $95 travel credit? Is it emailed to us from ANZ? or from Velocity?
    And i assume this is happens after the first statement is created?

    1. The link now seems to be dead. Applied last week and ANZ performed a credit check but haven’t received a yay or nay yet.

      1. Well in some great news, today received the SMS with the link to redeem the 75,000 velocity and 30 SC. Seems quite a few have been getting them sent out today after speaking to a few people who apllied. Assume they have just started processing all now as there would have been quite a few who applied all at the same time

    2. Hi Zoe, ANZ are aware of an issue that is causing the application to fail. We’ll update the page from ‘Notify Me’ to ‘Apply now’ if it is resolved.

      1. Hi Brandon, as of Sunday night 06/11, the application process says the promo has been pulled when you click through your link. This is both on this page (that we’re responding on now), and via social media on Insta and FB.

      2. Thanks G, it’s an ANZ issue and they’re aware of it. We’ll update the red button on this page from ‘Notify Me’ to ‘Apply now’ if it is resolved.

      3. Hi Brandon, is the issue still occurring? I can see Apply Now but when I click to apply, it runs into an error.

        Thanks.

  6. I’ve tried to apply twice in the last 2 days and when I click on the final button to submit information I get an ANZ error “sorry something has happened” etc – looks like a system error

  7. I received the Anz rewards platinum card but didn’t sign up to Anz rewards or velocity auto redemption until a couple of days later (when I had used the card 4 or 5 times).

    Will this create any dramas in terms of entitlement to the 75k bonus, $50 cash back to the card, and $95 travel credit.

    I will of course now leave auto redemption on.

    1. Yes, you are.
      If you haven’t had an ANZ Rewards card earning ANZ Rewards points in the last 12 months then you’re eligible. I currently have a ANZ QF FF card and still I’m eligible. I read the T&Cs and then called ANZ to double confirm, and they said all good.

  8. Just to clarify – are the $95 Virgin Australia travel credit and 30 Status Credits both only once-off benefits? Or available every year?

      1. Hi team,
        I’ve been trying to apply for the past few day and it won’t move past the initial page. Keeps saying there is an error. Can someone help?

      2. Hi Mo, ANZ are aware of an issue that is causing the application to fail. We’ll update the page from ‘Notify Me’ to ‘Apply now’ if it is resolved.

  9. Hello,

    Could you please shed some light on the part of the sign-on bonus criteria which states ‘switch on and keep on ANZ Rewards Auto-Redemption for Velocity Points’? I have not used ANZ before so I’m not sure what this entails. Does this require me to keep this auto-redemption feature on for the whole 3 months?

    Thanks

  10. Hi Brandon,

    In the eligibility criteria, it doesn’t mention minimum income like amex application, do they really dont check the payslips or for those self employed the tax returns etc? is it only being Australian resident and having good credit score? thanks mate

    1. Anecdotally, the income level for these types of cards is around $35K. But as ANZ doesn’t specify, it’ll depend on their internal criteria.

  11. Anyone able to apply? it says:

    Sorry, that offer cannot be found or has ended.
    Please take a look at our current credit cards and offers.

    1. Hi Maryanne, ANZ is aware of this issue. We believe it has now been fixed, but please try on a different device/browser if you’re still having issues.

  12. I applied for this ANZ Visa card with bonus $500 gift card back in March 2021. I have spent more than $1500 and it has now been 3 months. When will I get the gift card? And how do I choose what card I get?

    1. Hi Shawn, check your ANZ Rewards balance. Your bonus is in the form of 120,000 ANZ Rewards points, which you are then free to convert to points or swap to any available gift card and denomination of your choice. It just happens that 120,000 points is enough for a $500 gift card.

      1. Hi Brandon, Thanks – I just checked my points balance and it is only around 7200 points. So in the last 3 months, I have spent over $4800.

        Is there a number I can call to chase this up?

  13. Hi Pointhacks,

    I applied for the ANZ Rewards Platinum credit card – $500 Gift Card with $1500 Spend/3 Mths on the ANZ Rewards Platinum ($0 Annual Fee 1st Year).

    I applied for this a week ago on 23rd March when the offer was still available. I still haven’t received my card. Can I confirm that when I receive my card, I am still going to get my Gift Card – and not charged the annual fee of this new ANZ Rewards Platinum Card (95$)??

    Every time I call ANZ they say this was a Point Hacks exclusive offer so I need to contact PointHacks.

    1. Hi Masood, as long as you applied while the offer was still active, you’ll still be eligible for the deal including the no first-year annual fee and the $500 gift card after meeting the minimum spend.

  14. reading and re-reading the T & C’s, and reading the comments to the article. Are we only eligible to receive the $500 gift card if we bring a balance transfer across?

    1. Hi Greg, I can confirm the balance transfer offer is separate to the $500 gift card offer. You don’t need to take the balance transfer to receive the gift card. You just have to meet the minimum spend and other card eligibility requirements.

      “This offer applies only once per eligible customer. Your application must be approved and you must activate the card and make $1,500 worth of eligible purchases within 3 months of approval to receive the $500 Gift Card.

      1. Brandon, thanks for your reply. Normally I only go for QFF earning cards, but this is a bit of a no brainer with a $500 gift card for only $1500 spend. Just going through the T & C’s a final time, I’m not clear if ANZ will charge an awards fee (although the annual card fee will not be charged). In a nutshell, I have never owned an ANZ rewards card, will not be doing a balance transfer and will easily spend $1500 in the first 90 days; due to this, I will incur no annual fee or rewards fee from ANZ (there will be no fees whatsoever), and will receive the $500 voucher (for the brand I nominate), within 30 days of spending $1500 They word these T & C’s so badly.

      2. Hi Greg, yes it can be confusing!

        – The $0 first year annual fee waives both the card annual fee ($40) and the rewards fee ($55). It’s then $95 p.a. combined from the 2nd year onwards.
        – The T&Cs do state you should receive your card 30 days after meeting the required spend

      3. Hi Brandon, how long after meeting the $1500 spend will it be until we see the 120k ANZ rewards points? cheers,

  15. I currently own an ANZ Frequent Flyer Black credit card, but I should be eligible for this as the offer states:

    “Not available where you currently hold an ANZ Rewards, ANZ Rewards Platinum or ANZ Rewards Black credit card, or have closed, or qualified for bonus Rewards Points or a credit back on, any of those ANZ Rewards credit cards within the previous 12 months.”

    However I just wanted to triple check with ANZ before I applied, but when I called them, ANZ have told me to check with PointHacks as this is exclusive to them. Is there anyone officially from PointHacks that can confirm that I am eligible for this gift card offer?

    1. Hi Masood, the ANZ ‘Frequent Flyer’ range of cards will not exclude you from bonus offers on the ‘Rewards’ range of cards, as long as you meet the other criteria.

  16. Hello

    Can someone please confirm whether to be eligible for the gift card you need to take out a balance transfer when applying for this credit card? The below statement in the terms and conditions appears to indicate this, but the representative from ANZ I spoke to about it could not confirm.

    “Offer only available to new and approved credit card applicants who apply for an ANZ Rewards Platinum credit card account with the balance transfer.”

    If it is a requirement to take out the balance transfer, the next question is what would be the minimum balance transfer?

    1. This referes to the $0 annual fee. You would still get the gift card but pay the an annual fee if you didn’t have the balance transfer.

  17. Has this expired? When I click through, i cant seem to find where it mentions the bonus $500 gift card and it also mentions an ongoing fee of $295?

    1. Hi Paul, it’s still showing up as the bonus offer for me. Can you please try to clear your cache or use a different browser?

  18. Hello sir/madam, how long you would need to keep this card? Can it be cancelled any time? I could not find any conditions for this card.

    1. Hi Mary, you are able to cancel the card at any time. However, you’ll probably want to wait until you’ve received the $500 gift card before doing so.

  19. Hi Daniel

    I have tried to use your link to this offer a few times over the past 24 hours.

    I keep getting an error message.

  20. Can the gift card be used to buy another gift card, for example use the gift card at Woolworths to buy a Visa gift card that can be used anywhere?

    1. Hi Dave, that would depend on the particular retailer’s T&C’s when you initially choose the gift card reward from ANZ.

      From personal experience though, I don’t think the supermarkets let you buy gift cards with gift cards.

    1. Hi Alfie, you will need to ask ANZ directly on any credit or banking related queries. We’re not able to comment on that, unfortunately.

  21. Hi all,

    I’m holding an ANZ FF platinum card. Do you think I’ll be eligible because it’s not considered a “Rewards” platinum card?

    1. Hi Howard, the ANZ ‘Frequent Flyer’ range of cards won’t exclude you from the ‘Rewards’ offers and vice versa.

  22. Hi there,

    I currently have a ANZ Rewards Travel Adventures card. Do I still qualify for the points if I apply for this credit card? Thank You.

    1. Hi Donna Boseleng

      The terms and conditions of the offer state:

      Not available where you currently hold an ANZ Rewards, ANZ Rewards Platinum or ANZ Rewards Black credit card, or have closed, or qualified for bonus Rewards Points or a credit back on, any of those ANZ Rewards credit cards within the previous 12 months.

      Based on this, it appears you will be eligible for the bonus points if you hold an ANZ Rewards Travel Adventures card. However, it is always advisable to give ANZ a call ton confirm this.

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