ANZ are offering 50,000 bonus ANZ Rewards points and $50 back to your new card for new cardholders of the ANZ Rewards Platinum Visa.

A minimum spend of $2,000 on eligible purchases in the first 3 months of approval is required to receive the bonus points.

ANZ Rewards points converts at a ratio of 2:1 to Velocity Points and 3:1 to KrisFlyer miles and Asia Miles. Which means the current bonus point offer is equivalent to 25,000 Velocity Points or about 16,500 KrisFlyer/Asia Miles.

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.

Digging into the details of the ANZ Rewards Platinum

ANZ Rewards Platinum earns ANZ Rewards points, which is 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) 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 
Minimum income$35,000
Included insurancesInternational travel insurance, purchase security and extended warranty coverage (PDS)
Overseas transaction fee3% of the converted amount
Annual fee$95

The ANZ Rewards Platinum has a competitive annual fee of $95, 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 0.5 KrisFlyer miles or Asia Miles, 0.0075 Airpoints or 0.75 Velocity points per $ spent on eligible purchases. That’s subject to minimum transfer amounts out to partner frequent flyer programs.

Other benefits

ANZ Rewards Platinum also includes international travel insurance, purchase security and extended warranty coverage, and with up to 9 additional cardholders ($65 p.a. per additional cardholder). There’s a minimum annual income requirement of $35,000. 

There’s also rental excess cover for Australian car rental, and interstate flight inconvenience insurance domestically. Read the full PDS here

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.

50,000 bonus ANZ Rewards points + $50 back with the ANZ Rewards Platinum was last modified: April 1st, 2019 by Daniel Sciberras

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, 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.

Disclaimers

ANZ would also like us to include the following disclaimer.

Reward Points accrue in accordance with the ANZ Rewards – Rewards Program Terms and Conditions booklet (please call 13 13 14 for a copy). Purchases which are not eligible to earn Rewards Points are described in the ANZ Rewards – Rewards Program Terms and Conditions booklet, e.g. fees, cash, cash equivalent transactions, balance transfers and transactions for gambling or gaming purposes will not earn Reward Points.

50,000 bonus ANZ Rewards points + $50 back with the ANZ Rewards Platinum was last modified: April 1st, 2019 by Daniel Sciberras