The ANZ Frequent Flyer Black Credit Card offers plenty of points and travel perks, including a big bonus Qantas Points offer for new customers, lounge invitations and complimentary travel insurance. It also earns a competitive 1 Qantas Point per $1 on eligible purchases up to $7,500 per statement period, then 0.5 points per $1 for the rest of that statement period. But with a relatively high $425 annual fee, you should make sure you get enough value beyond the bonus points if you plan to keep this card.
ANZ Frequent Flyer Black Credit Card

- Bonus points
- 130,000
- Purchase rate
- 20.99% p.a.
- Reward point per $ spent
- 1
- Annual fee
- $425 p.a.
Our verdict
Offers up to 130,000 bonus Qantas Points and $200 back on your new card, with a $425 annual fee.
Pros
-
Up to 130,000 bonus Qantas Points and $200 back
-
2 complimentary Qantas Club Lounge invitations per year
-
1 Qantas Point per $1 spent up to $7,500 per statement period, then 0.5 Qantas Points / $1 spent
-
Complimentary insurance covers, including international travel insurance, purchase protection insurance and extended warranty insurance
Cons
-
You need to keep the card over 12 months to collect all the bonus points offered
-
The standard annual fee of $425 p.a. is high.
-
When you spend over $7,500 per statement period, the earn rate drops from 1 point per $1 spent to 0.5 points per $1.
Details
Product details
Product Name | ANZ Frequent Flyer Black |
Balance transfer rate p.a. | 21.99% |
Balance transfer limit | 95% of available limit |
Purchase rate p.a. | 20.99% |
Interest-free period | Up to 55 days on purchases |
Cash advance rate p.a. | 21.99% |
Min credit limit | $15,000 |
Card type | Visa |
Eligibility
Available to temporary residents | Yes - Conditions apply |
Joint application | No |
Rewards
Rewards program | Qantas Frequent Flyer |
Bonus points | 130,000 |
Rewards points per $ spent | 1 |
Fees
Annual fee | $425 |
Minimum monthly repayment | 2% of the closing balance or $25, whichever is greater |
Late payment fee | $20 |
Foreign currency conversion fee | 3% |
Cash advance fee | 3% or $3, whichever is greater |
Overseas cash advance fee | 3% of transaction amount or $4 (whichever is greater) |
Overseas ATM withdrawal fee | $5 |
Additional cardholder fee | $65 |
Number of additional cardholders | 9 |

Congratulations, ANZ!
The ANZ Frequent Flyer Black has been named the Best Frequent Flyer Credit Card – Qantas for the third year in a row. It consistently offered big bonus Qantas Points offers during the period of analysis. It also scored highly for its earn rate of 1 Qantas Point per $1 for the first $7,500 of eligible spending in each statement period and 0.5 points per $1 after that. Other benefits include Qantas Club lounge invitations each year and travel insurance.
Full list of 2024 winnersYour reviews

Amy Finder
Editor
You are about to post a question on finder.com.au:
- Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
- finder.com.au is a financial comparison and information service, not a bank or product provider
- We cannot provide you with personal advice or recommendations
- Your answer might already be waiting – check previous questions below to see if yours has already been asked
Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and 6. Finder Group Privacy & Cookies Policy.
This site is protected by reCAPTCHA and the Privacy Policy and Terms of Service apply.

Sarah Megginson Finder
March 25, 2024
Hi Nadia,
You can use a credit card to pay your mortgage, but you would need to withdraw the money as a cash advance. This means you’ll pay interest of 20%+ from the day you withdraw the money, which makes it very expensive.

Sikander Gulzar
March 18, 2024
Can the Qantas reward points be used for Emirates airline ?

Sarah Megginson Finder
March 19, 2024
Yes, some Emirates flights are available for redemption using Qantas points.

Verity
March 17, 2024
What are eligible purchases?

Sarah Megginson Finder
March 19, 2024
Hi Verity, most everyday purchases like grocery shopping, paying for petrol, booking flights and accomodation and paying a bill is eligible towards the minimum spend. Ineligible transactions usually mean things like cash advances, gambling, interest payments, ATO or government payments, refunds and fees.
Show more Show less

David Watts
March 17, 2024
Is the $65 additional card fee a 1 off payment or an annual charge?

Sarah Megginson Finder
March 25, 2024
Hi David, it’s an annual fee, charged each year on the anniversary of opening the account.

Orlando
March 16, 2024
Hi, when are Qantas FF points transferred to my account. Is it once per month(specific date) or as you earn them?
I paid my account balance on my ANZ Black FF over a week ago but haven’t seen any points transferred to FF account as yet.

Sarah Megginson Finder
March 25, 2024
Hi Orlando,
The points are not transferred as you earn them in real time. They require some time to make sure all adjustments, refunds and spending is accounted for, then they transfer the points in one lump sum each month.
The points are usually transferred at the end of each statement period. For instance if your monthly statement ends March 10, and payment is due March 24, you could expect the points to land in your account by the end of March.
Hope this helps!
Show more Show less
Nadia Carroll
March 20, 2024
Hi, can you pay all bills, eg mortgage?