ANZ is offering up to 100,000 bonus Velocity Points for new cardholders of the ANZ Rewards Platinum Credit Card until 15 November 2024.
The bonus is split into two parts, with the first 70,000 bonus Velocity Points to be received after spending $2,000 on eligible purchases in the first 3 months from approval. Plus an additional 30,000 Velocity Points when you keep the card for more than 15 months.
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. 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 100,000 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% 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.
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 an offer, you don’t currently hold and haven’t opened or closed an ANZ Rewards Black, ANZ Rewards Platinum or an ANZ Rewards credit card in the last 12 months and meet all other offer eligibility criteria
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.
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