ANZ Frequent Flyer Credit Card – Earn up to 1 Qantas Frequent Flyer Points per $1 spent
Pros
- Uncapped points earning
- Dual card meaning you get the benefit of greater points earning with AMEX, and the global acceptance benefits of VISA
Cons
- Earn rate is lower than some other cards in the market
Overall
An excellent entry level frequent flyer credit card.
Take off on your next holiday sooner with ANZ Frequent Flyer
There are three levels of ANZ Frequent Flyer credit cards standard, gold and platinum, where the more prestigious American Express cards earn more points per dollar, and greater perks are offered on both the Visa and Amex card.
Interest Rates, Fees & Charges
| Interest Rate on Purchases |  |
19.74% p.a. |
|---|---|---|
| Annual Fee | |
$95 |
| Interest Free Period | |
up to 44 days |
| Cash Advance Rate | |
20.99% p.a. |
| Card Type | |
Standard |
| Minimum Income Requirement | |
$15,000 p.a. |
| Credit Card Type | |
American Express/Visa |
| Rewards Program | |
Yes |
Product Features:
- Get uncapped Qantas Frequent Flyer points2
- Points2 earned are automatically credited to your Qantas Frequent Flyer account every month
- Up to 44 days interest free credit on purchases3
- Total annual fee of $954
- 19.74% p.a. on purchases and 20.99% p.a. on cash advances 5.
Earn points faster with 2 cards, one account and only one Total Annual Fee:
The ANZ Frequent Flyer credit card account gives you combined earning power of two cards on one account.
ANZ Frequent Flyer has a number of bonus partners and your ability to earn bonus points is not limited. This allows you to boost your Qantas Frequent Flyer points balance quickly and easily. The ANZ Frequent Flyer website details the latest Bonus Partners and their special offers.
- Use your ANZ Frequent Flyer American Express® card whenever you can to pay for purchases like groceries, petrol and movies to earn the most points possible.
- Use your Visa everywhere else – accepted in 29 million locations worldwide.
What are the earn rates?
| Card: | Amount Spent: | You Earn: |
|---|---|---|
| American Express Card | $1 dollar | 1 Qantas Frequent Flyer point1 |
| Visa Card | $2 dollar | 1 Qantas Frequent Flyer point1 |
You can also receive up to 2 Bonus Points1 for every dollar spent at ANZ Bonus Partners.
Visit the site to find out more about the ANZ Frequent Flyer credit card account. You don’t need to be an ANZ customer to apply.
Redeeming your points:
You don’t have to go to the trouble of converting your points with the ANZ Frequent Flyer credit cards. They will be automatically credited to your Qantas Frequent Flyer account.
Once there, your points can be used for not just flights, but for other travel features and at the Qantas Frequent Flyer shop.
The Qantas Frequent Flyer :
You should be aware that this ANZ rewards program requires that you be a member of the Qantas Frequent Flyer program if you want to earn Qantas Frequent Flyer points. A joining fee will apply and membership is subject to Terms & Conditions. If you are not yet a member of the Qantas Frequent Flyer program, you can join online by visiting their website or calling Qantas on the telephone.
Points cannot be allocated to your Qantas Frequent Flyer account if you have not supplied ANZ with your Qantas Frequent Flyer number. To make this possible, the customer should call ANZ and provide this information. Qantas Frequent Flyer membership must be in the same name as the account holder on the credit card account.
Loyalty newsletter and guide:
To keep up to date with the latest news and changes on your ANZ Frequent Flyer Visa Reward Program, there is a newsletter than can be read online or downloaded.
Fees and Charges
The base level ANZ Frequent Flyer credit card does have a minimum credit limit of $1,000 and charges an annual fee of $95.
If you pay your outstanding balance down to zero each month before the statement cycle date, then you could enjoy up to 44 days interest free credit on your purchases.
ANZ Frequent Flyer Platinum Credit Card
Upgrade even further to the ANZ Frequent Flyer Platinum credit card and you could receive Exclusive Platinum benefits and offers not available to other credit card customers. Your minimum credit limit for this credit card is $12,000.
The Platinum Frequent Flyer credit cards also come with a Visa card linked to an American Express card on the same credit limit and same statement. You’ll still only be charged the single annual fee of $295.
The points-earning potential is the highest with the ANZ Platinum Frequent Flyer cards, offering customers the benefit of earning 1.5 Frequent Flyer points for every $1 spent on the American Express card.
You’ll also enjoy up to 55 days interest free credit on purchases, as long as you clear your outstanding balance in full each month before the statement cycle date.
The Exclusive Platinum benefits include overseas travel and medical insurance, which can represent a good cost saving, as well as transport accident cover. This insurance could cover you for any flight cancellations or additional travel expenses, loss of luggage or loss of income. Your Transport Accident Cover could cover you in the event of an accidental death up to $750,000, or up to $375,000 for a covered injury if you’re injured as a passenger in transit.
Platinum card holders also enjoy a dedicated concierge service. Your personal concierge is your own personal assistant, available to you 24/7. You can ask your concierge to locate convenient flights to wherever you want to go and then book restaurant reservations at a location somewhere close to your hotel before you get there.
How Far Can You Go With Your Qantas Frequent Flyer Points?
It’s much easier than you think to book flights to destinations further afield than you’d expect.
On an average monthly spending amount of $2,000 on your ANZ Frequent Flyer credit card, you’d accumulate approximately 24,000 points in a year if you were only earning 1 point per $1 spent. A return flight between Melbourne and Brisbane is 24,000 points, plus around $21.19 in surcharges, fees and taxes.
Or you might decide to redeem your points for a one-way trip from Melbourne to Auckland, NZ, for 18,000 points, plus the surcharges and fees.
If you upgrade your Frequent Flyer credit card and earn more than 1 single point per $1 spent, you could potentially increase the amount of points you accumulate very quickly.
For example, even if your average monthly spending amount on your Frequent Flyer credit card is still $2,000, but you are earning 1.5 points for every $1 spent, you’d earn a huge 36,000 points over 12 months.
You could easily afford to redeem your points for a one-way trip from Melbourne to Bangkok for 30,000 points or Melbourne to Singapore for 30,000 points, plus around $119.42 in surcharges, fees and taxes.
Consider if you’d saved your points for two years, accumulating at a rate of 36,000 points a year. That’s still only an average monthly spending amount on your credit card of $2,000, so that hasn’t changed.
However, by letting your points accumulate for a while, you could find that it takes you less than two years to earn enough points to pay for a one-way trip from Melbourne to London, England, which is around 64,000 points, plus surcharges and fees.
Tips For Earning More Frequent Flyer Points
Your ANZ Frequent Flyer credit card already gives you plenty of options for earning frequent flyer points, but you could increase the amount of points you earn easily. Consider upgrading to ANZ Frequent Flyer Gold or ANZ Frequent Flyer Platinum to increase your points-earning potential. Each of these cards offers a higher points-earning rate than the standard ANZ Frequent Flyer credit card.
If you remember to use your ANZ American Express card instead of the Visa card at major department stores, supermarkets and service stations, you’ll also be maximising the number of points you earn.
You can also earn more frequent flyer points when you purchase through ANZ Bonus Partners. These bonus partners include Qantas, which means you could earn bonus points for purchasing Qantas services and products, including flights, as well as earning the regular points for using your credit card to make the purchase.
Another way to maximise the amount of frequent flyer points you can earn using your credit card is to make sure you pay down the outstanding balance regularly. This gives you more of your credit limit available to purchase more items on a more regular basis, which keeps your points up and keeps your interest down as you keep the balance down.
Redeeming Your Qantas Frequent Flyer Points
Once you’ve accumulated enough points by using your ANZ Frequent Flyer credit cards for your purchases, you’re able to redeem your points for the things you want. Most people instantly think of redeeming their points for flights, but did you know you can access many more great products and services too?
While you can always redeem your points for flights, you might also consider using them for car hire, cruises, safaris or even accommodation.
Of course, Qantas Frequent Flyer points don’t have to be spend on travel items if you want to use them for something else.
For example, you might want to redeem your points for gift vouchers for department stores or boutiques, home-wares or furniture, healthy and beauty products or even sports and recreation.
Other great consumer items include plasma TVs, electronics and technology, kitchenware and cookware, clothing, wines, games and much more.
Remember, if you do use your ANZ Frequent Flyer credit card to purchase any products or services with Qantas, you could earn bonus points on top of the usual points you earned just for using your credit card.
Terms and conditions are available on application. Fees and charges apply.
All applications for credit are subject to ANZ’s credit assessment criteria.
1. Points and Bonus Points accrue in accordance with the ANZ Frequent Flyer Reward Terms and Conditions (please call 13 13 14 for a copy). Purchases exclude cash and cash equivalent transactions. An Account Holder must be a member of the Qantas Frequent Flyer program to earn and redeem Qantas Frequent Flyer 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. Classic Awards are subject to capacity controls and availability is strictly limited. Some flights may not have Classic Award seats available. For more information go to qantas.com/frequentflyer. ANZ is the credit provider and credit licensee (or registered person) under the National Consumer Credit Laws. This Points information displayed on this page applies to new customers only. Existing customers may be subject to a different Points earn rate on both their ANZ Frequent Flyer American Express card and/or ANZ Frequent Flyer Visa card. Existing customers should call 13 22 73 for information regarding the Points earn rate that applies to their account.
2. Standard variable interest rate is 19.74% p.a. on purchases and 20.99% p.a. on cash advances as at Tuesday, 15 November 2011 and is subject to change.
3. For ANZ Frequent Flyer a Total Annual Fee of $95 applies which includes a $40 Annual Account Fee and a $55 Rewards Program Services Fee. For additional cardholders an Additional Cardholder Fee of $10 and Rewards Program Services Fee of $55 apply per additional cardholder on the account. The Total Annual Fee information displayed on this page applies to new customers only. Existing customers may be subject to a different Total Annual Fee and should call 13 22 73 for information regarding the Total Annual Fee that applies to their account.
4. Interest free days do not apply if you do not pay your Closing Balance (which includes any outstanding balance transfers, cash advances, purchases and Promotional Plans) in full by the due date each month. Payments to your account are applied in the order set out in the ANZ Credit Cards Conditions of Use.
5. Terms and conditions apply to Secure Sentinel services. Please call 1300 131 026for more information.
6. ANZ Car Rental Cover is underwritten by QBE Insurance (Australia) Limited (ABN 78 003 191 035) trading as Western QBE Insurance.
Platinum account holders are automatically covered by ANZ Car Rental Cover at no additional cost. For terms and conditions of this program, Platinum cardholders should refer to Platinum Cards Insurance booklet (PDF 1.37MB).
7. Offer available to new applicants who apply for an ANZ Frequent Flyer credit card by 4th January 2012. Interest free periods commence from the date of card approval and exclude cash and cash equivalent transactions, account fees and balance transfer. Payments to your account are applied in accordance with the ANZ Credit Cards Conditions of use. Any balances that remain unpaid at the end of this period become subject to the standard variable interest rate applicable to purchases. Standard variable interest rate is 19.74% p.a. on purchases and 20.99% p.a. on cash advances as atTuesday, 15 November 2011 and is subject to change.
8. This joining fee waiver is offered by ANZ. It is available to new applicants or existing ANZ Frequent Flyer credit card account holders who are not already Qantas Frequent Flyer members and who apply for membership online at qantas.com/joinffanz This offer is non-transferable and not available in conjunction with any other offer. Qantas Frequent Flyer membership and each application is subject to approval by Qantas.
American Express is a registered trademark of American Express. The ANZ Frequent Flyer American Express card is issued by Australia and New Zealand Banking Group Limited (ANZ) pursuant to a license from American Express.
™ ANZ Falcon is a trademark of Australia and New Zealand Banking Group Limited (ANZ) ABN 11 005 357 522. Falcon™ is a trademark of Fair Isaac Corporation.
Read the official terms and conditions
| Minimum Income | $15,000 | Minimum Age | 18 years of age |
| Residency | Permanent Australian Resident | Credit Rating Requirement | Good |
| Min Credit Limit | $1,000 | Max Credit Limit | $15,000 |
| Annual Fee | $95 | Balance Transfer Fee | |
| Minimum Repayment | 2% | Interest Charged From | Purchase Date |
| Late Payment Fee | $20 | Over Limit Fee | $20 |
| Overseas Emergency Replacement | $0 | Overseas ATM Balance check | $0 |
| Overseas ATM Withdrawal | $4 | Foreign Currency Conversion Fee |
| Rewards Points per Dollar | AMEX: 1 VISA: 0.5 Point(s) | Points needed for Syd/Mel Return Flight | 25000 |
| Points needed for $100 Voucher | 13500 |
Does the card holder get access into the VIP lounges?
Hi Sheila
Thanks for your question
Qantas invites oneworld Emerald and Sapphire members to relax in the Qantas First and Business Lounges when travelling on qualifying flights.
If you hit this status level with the Qantas Frequent Flyer rewards program, then you would be eligible to access to lounges
Platinum & Gold Qantas Frequent Flyer cardholders also can gain access to the lounges
More info on the Qantas Lounges can be found here
Cheers
Jeremy
In the terms & conditions above, 1. states that “You must apply and be approved by June 5th 2011 to receive the 16,000 bonus Qantas Frequent Flyer points offer.”
The customer service operator I
spoke to when I signed up (after this date) said that I’d get these points. Is he mistaken?
Hi Giulan
The bonus frequent flyer points offer is currently available until the 16th July, 2011.
It is important to always check the terms and conditions prior to making a decision to apply for a credit card – so it was good that you did that!
Thanks,
Jeremy
Hello
What is the go with adding an additional card holder to the same a/c? Fees?
Thank you
Hi Gav
Thanks for your comment
Yes you can add up to three additional cardholders to the ANZ Frequent Flyer Credit card. For additional cardholders an Additional Cardholder Fee of $10 and Rewards Program Services Fee of $55 apply per additional cardholder on the account.
Cheers
Jeremy