ANZ Frequent Flyer Platinum Credit Card – Rates & Fees

Information verified correct on May 30th, 2016
ANZ Frequent Flyer Platinum Find out more Go to site

Don't worry, by clicking "Go to site" this won't leave a mark on your credit file. An enquiry will only appear on your file once you have submitted a credit card application.

What happens when I click Go to site?
  • Clicking Go to site will take you to your Online Application on the bank's website. You do not need to be an existing customer of this bank to apply.
  • Your application will typically take you no more than 10-15 minutes to complete
  • Once approved, you will typically receive your credit card within 1-2 weeks
Click here to start your application >>

The ANZ Frequent Flyer Platinum credit card offers 50,000 bonus Qantas Points, free Qantas Frequent Flyer membership and complimentary insurance for an $0 annual fee for the first year.

The ANZ Frequent Flyer Platinum credit card combines the features of a frequent flyer program and platinum credit card under one account. Receive a $0 annual fee offer for the first year and 50,000 Qantas Points when you spend $2,500 on eligible purchases within the first 3 months. Conditions & minimum spend apply.

This credit card is accepted at most major department stores, petrol stations, supermarkets, and other major establishments, in more than 30 million locations internationally. The ANZ Frequent Flyer card is also available in a non-platinum version.

Product NameANZ Frequent Flyer Platinum
Rewards ProgramQantas Frequent Flyer
Purchase rate (p.a.)19.99% p.a.
Annual fee$0 p.a. annual fee for the first year ($295 p.a. thereafter)
Interest Free Period
The interest-free period on purchases is the period or number of days you dont have to pay interest on your card purchases. You will be charged interest either from the day you make a purchase or from the statement date, unless you pay the closing balance in full by the due date (or within the interest-free period) on your statement.
Up to 55 days on purchases
Cash advance rate (p.a.)21.49% p.a.
Min credit limit
This is the lowest credit card limit that you can request. It is possible to apply for a higher credit card limit but not a lower one than this figure.
$6,000
Max credit limit
This credit limit may not be issued to you immediately on application. This is the maximum credit limit for this card which must be applied for or offered to you after you are approved and have already opened the account.
$50,000
Minimum Monthly Repayment2%
Minimum Income$35,000
Card TypeAmerican Express/Visa
Late Payment Fee$20
Foreign Currency Conversion Fee (VISA)3% of transaction value
Foreign Currency Conversion Fee (AMEX)3% of transaction value
Complimentary Travel InsuranceYes
Complimentary Travel Insurance Cover6 months
Available To Temporary ResidentsNo
Joint ApplicationNo
Minimum Income$35,000
Minimum Age18 years of age
Available to Temporary ResidentsNo
Credit Rating Requirement
Credit rating requirement is provided only as a guide. Understanding your credit file helps you make more informed decisions in regards to your finances. Learn more about what this means here.
Good
Min Credit Limit
This is the lowest credit card limit that you can request. It is possible to apply for a higher credit card limit but not a lower one than this figure.
$6,000
Max Credit Limit
This credit limit may not be issued to you immediately on application. This is the maximum credit limit for this card which must be applied for or offered to you after you are approved and have already opened the account.
$50,000
Annual Fee$0 p.a. annual fee for the first year ($295 p.a. thereafter)
Minimum Repayment2%
Late Payment Fee$20
Over Limit Fee$20
Cash Advance FeeThe greater of 2% of the cash advance amount or a minimum of $0
Overseas Cash Advance FeeThe greater of 2% of cash advance amount or a minimum of $4.00
Overseas Emergency Replacement$0
Overseas ATM Balance check$0
Overseas ATM Withdrawal Fee$4
Foreign Currency Conversion Fee (VISA)3% of transaction value
Foreign Currency Conversion Fee (AMEX)3% of transaction value
Gambling Transactions AllowedNo
Additional Cardholder Fee$10 p.a.
Number of Additional Cardholders9
BPAYYes
ChequeYes
Direct DebitYes
Australia PostNo
Phone BankingYes
Internet Banking TransfersYes
In BranchYes
MailYes
Pros
  • Earn 50,000 Qantas Points when you spend $2,500 on purchases within the first 3 months.
  • Multiple earn-rates let you choose between an American Express and Visa card to earn the maximum points possible depending on where you're shopping.
  • This card is rich with platinum benefits and other credit card perks.
Cons
  • This card comes with an ongoing annual fee of $295. This coupled with purchase rates of interest of 19.99% p.a. makes this an expensive card to use and maintain.
Rewards ProgramQantas Frequent Flyer
Bonus Points on Sign-up50,000
Rewards Points per $ (VISA/MC)0.5
Rewards Points per $ (AMEX)1.5
Rewards Points per $ (VISA/MC) Cap3,000
Rewards Points per $ (AMEX) Cap9,000
Points ExpiryNever

ANZ Frequent Flyer Platinum Credit Card review

The ANZ Frequent Flyer Platinum Credit Card offers a lot more than just rewards and bonus points. Spend with convenience with Visa PayWave contactless technology, access to eDine and the ANZ Wine Club and emergency credit card replacement anywhere in the world. You can also receive up to 55 interest-free days on purchases when you sign up for your new ANZ Frequent Flyer Platinum credit card. This credit card also offers competitive interest rates and fees that’ll help keep your interest costs low.

Benefits of ANZ Frequent Flyer Platinum Credit Card

  • 50,000 bonus Qantas Points offer. Get 50,000 bonus Qantas Points when you spend $2,500 on eligible purchases within the first three months. Eligible purchases exclude fees, cash, cash equivalent transactions, balance transfers and premiums for ANZ credit card insurance.
  • Annual fee waived for the first year. Pay $0 annual fee for the first year, saving you $295.
  • Qantas Frequent Flyer membership offer. If you’re approved for an ANZ Frequent Flyer Platinum credit card, you’ll automatically receive an opportunity to sign up for a Qantas Frequent Flyer membership. ANZ will waive the joining fee with this offer.
  • Complimentary insurances. The Platinum card also offers complimentary insurances. You will get purchase protection for items you buy using your card in the case that the item is damaged, stolen, or lost. You can also get price matching where you’ll get paid back the difference on an item if it goes on sale after you purchase it. There is also an extended warranty program that adds a warranty onto products that already have a manufacturer’s warranty. You’re also covered by overseas travel and medical insurance, interstate flight inconvenience insurance, transport accident coverage, and rental excess coverage.
  • Rewards program. As a frequent flyer credit card, you can earn Qantas Points for every $1 you spend using your platinum credit card and accumulate up to 9,000 Qantas Points per statement period. When you use your American Express card, you can earn 1.5 points for each dollar spent (capped at 9,000 points per statement period), while the Visa version card allows you to earn 0.5 point per dollar spent (capped at 3,000 points per statement period).
  • Access to Apple Pay. A ‘tap and pay’ service from Apple which allows you to use your iPhone to make payments from your credit card. Learn more here.

Features of the ANZ Frequent Flyer Platinum credit card

  • Annual fee. This card has an annual fee of $0 for the first year and $295 every year after includes a $240 annual account fee and a $55 Rewards Program services fee.
  • Rates and fees. The card offers cardholders a 19.99% p.a. interest rate on purchases and a 21.49% p.a. interest rate on cash advances. The annual fee on the credit card is $295, includes a $240 annual account fee and a $55 Rewards Program services fee.
  • Security features. When you are an ANZ Frequent Flyer Platinum cardholder you can trust that you’ll be in safe hands. You’ll be able to access emergency card replacement anywhere in the world, emergency cash advances and credit limit increases, a fraud money back guarantee, and round-the-clock monitoring for protection against suspicious account activity.
  • Interest-free days. ANZ offers new applicants up to 55 days interest-free on purchases. This means that you won’t have to pay interest for up to 55 days following your purchase, allowing you to save on interest while accruing rewards points.
Back to top

How to apply for the ANZ Frequent Flyer Platinum credit card

If you’ve decided that an ANZ Frequent Flyer Platinum credit card is a good choice for you and your current financial situation you, can apply by completing the online application.

Eligibility criteria

  • Age and residency requirements. In order to apply for this credit card, you have to be over 18 years of age and be a permanent resident of Australia. Non-permanent residents may still be eligible but must be holding a 457 working visa and have at least nine months remaining from the date of application.
  • Income requirements. Applicants require a minimum annual income of $35,000 and a good credit rating to apply.

Required documents

  • Proof of identification. You’ll be required to provide proof of identification, such as your driver’s license or passport.
  • Proof of income. Make sure to organise any payslips, bank statements, or any other relevant financial information before applying.

If you choose to apply for this ANZ platinum credit card, you can enjoy a number of platinum benefits and cost-saving features. As with any credit card offer, you’ll need to compare your options to find the right card for you.

Back to top
Was this content helpful to you? No  Yes

Ask a Question

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

Disclaimer: At finder.com.au we provide factual information and general advice. Before you make any decision about a product read the Product Disclosure Statement and consider your own circumstances to decide whether it is appropriate for you.
Rates and fees mentioned in comments are correct at the time of publication.
By submitting this question you agree to the finder.com.au privacy policy, receive follow up emails related to finder.com.au and to create a user account where further replies to your questions will be sent.

228 Responses to ANZ Frequent Flyer Platinum Credit Card – Rates & Fees

  1. Default Gravatar
    Roy | May 24, 2016

    Hi,

    The rental car insurance include local as well or only use for overseas?

    Thanks.

    • Staff
      May | May 24, 2016

      Hi Roy, thanks for you inquiry!

      The complimentary travel insurance policy attached to your ANZ Frequent Flyer Platinum credit card will cover rental vehicle excess for overseas trips only. You can find more information about the rental vehicle excess insurance on this page.

      I hope this helps.

      Cheers,
      May

  2. Default Gravatar
    | May 17, 2016

    Hi,

    Can you pay your rent with this card? And if so, is there a surcharge?

    Thanks.

    • Staff
      May | May 18, 2016

      Hi Tosh,

      Thanks for your question.

      Depending on the establishment/company, they may or may not accept credit cards for rent payments. Some merchants/companies may charge surcharges too.

      Cheers,
      May

  3. Default Gravatar
    Peter | May 4, 2016

    Thanks I shall be closing this account and shopping around.

    • Staff
      Ysa | May 4, 2016

      No worries, Peter. Should you wish to close your account, kindly get in touch with ANZ for direct assistance. I’ve emailed you the relevant contact details for your convenience.

      Cheers,
      Ysa

  4. Default Gravatar
    Peter | May 3, 2016

    Hi, I already have a frequent flyer visa card can I cancel my card and re apply and receive the new bonus with the new card.

    • Staff
      Anndy | May 3, 2016

      Hi Peter,

      Thanks for your comment.

      The bonus points offer for the ANZ Frequent Flyer Platinum Credit Card is available only to new and approved applicants. You will not be eligible to receive the bonus points if you have transferred from an existing ANZ credit card or where you currently hold or have closed an ANZ Frequent Flyer, ANZ Frequent Flyer Gold, ANZ Frequent Flyer Platinum or ANZ Frequent Flyer Black credit card within the previous twelve months.

      I hope this answers your question.

      Cheers,
      Anndy

  5. Default Gravatar
    merlyn | April 26, 2016

    Hi There,

    If I am currently on spouse Bridging Visa where previously I was on 457 working visa, am I eligible to apply for ANZ QFF Platinum?

    Cheers

    • Staff
      Anndy | April 26, 2016

      Hi Merlyn,

      Thanks for your inquiry.

      Non-permanent residents may still be eligible to apply for ANZ Frequent Flyer Platinum Credit Card, but you must hold a 457 working visa that is valid for the next nine months from the date of application.

      I hope this answers your question.

      Cheers,
      Anndy

    • Default Gravatar
      | April 28, 2016

      Also, I cannot find any description in regards to additional card feature. Is it free of charge for an additional card?

      Thank you

    • Staff
      Ysa | April 29, 2016

      Hi Merlyn,

      For additional cardholders on ANZ Frequent Flyer Platinum Credit Card, an additional cardholder fee of $10 will apply, along with a Rewards Program Services Fee of $55 per additional cardholder on the account.

      I hope this helps.

      Cheers,
      Ysa

    • Default Gravatar
      | April 28, 2016

      Hi Anndy,
      Thanks for your reply.

      My 457 visa is no longer valid. I am currently holding a spouse bridging visa only. Suggestion? Thanks :)

    • Staff
      Anndy | May 2, 2016

      Hi Merlyn,

      You can visit this link to see which banks offer credit cards for temporary residents.

      I hope this helps.

      Cheers,
      Anndy

  6. Default Gravatar
    Betty | April 20, 2016

    Hi, can i get a credit card if i just quit my job but was earning $60000 p/a over the past 2 years?

    • Staff
      Sharon | April 20, 2016

      Hi Betty, thanks for your inquiry.

      You are eligible to apply for this card if you meet the following criteria and can supply the required documents:

      - over 18 years of age and be a permanent resident of Australia. Non-permanent residents may still be eligible but must meet additional eligibility criteria set out by ANZ.
      - minimum annual income of $35,000 and a good credit rating
      - proof of identification, such as your driver’s license or passport
      - proof of income (payslips, bank statements, or any other relevant financial information)

      For further assistance with the application, you may contact ANZ directly or visit a local branch.

      I hope this helps.

      Sharon

  7. Default Gravatar
    Darryl | April 1, 2016

    Are ANZ QFF platinum credit cards still attracting a cash withdrawal fee if the account is in credit? Is this fee waived by any other institution.

    • Staff
      May | April 19, 2016

      Hi Darryl,

      Thanks for your inquiry.

      As stated in the ANZ Personal Account Fees and Charges booklet, if the ANZ Frequent Flyer Platinum account (based on transactions processed by ANZ) is in credit balance at the time they process the cash advance, the credit amount will offset the amount of the cash advance in the calculation of the 2% fee. The minimum fee for overseas ATM & branch cash advances will apply.

      I have sent to your email the PDF copy of the booklet for your reference.

      As most credit card companies have their own set of terms and conditions that apply to cash advance transactions, they may or may not waive the CA fee if the card is in credit balance.

      I hope this has answered your question.

      Cheers,
      May

  8. Default Gravatar
    Tom | March 30, 2016

    Hi
    I am looking to utilise a 0% balance transfer from another credit card offer. Can I do this to repay my ANZ platinum card without effecting my 50,000 points coming through? I have made the required spend in the first month

    • Staff
      Sally | March 31, 2016

      Hi Tom,

      Thanks for your question.

      Your ANZ Platinum card account will need to remain open in order to receive your bonus points. So you might want to continue repaying your debt until the points come through, transfer them to your Qantas Frequent Flyer account and then conduct the balance transfer.

      If not, you’ll either have to continue repaying the maintenance fees of the ANZ card while you’re waiting for the points to come through and while you’re paying for the new card or you’ll forfeit your points if you close the card before you transfer them to your Qantas account.

      I hope this has helped.

      Cheers,

      Sally

  9. Default Gravatar
    Andrew | March 27, 2016

    Hi,
    Would I be able to use the 50,000 bonus points as soon as I make the $2500 spend, say within the first month. Or do the 50,000 bonus points arrive at the end of the 3-month period? Thanks

    • Staff
      Sharon | March 27, 2016

      Hi Andrew, thanks for your inquiry.

      The bonus Qantas Points will be credited to your ANZ account within three months of the eligible spend criteria being met. Please note that fees, cash, cash equivalent transactions, balance transfers, premiums paid for ANZ Credit Card Insurance and transactions for gambling or gaming purposes are not considered as eligible purchases and will not earn Qantas Points.

      I hope this helps.

      Sharon

  10. Default Gravatar
    Fady | March 24, 2016

    Hi, I would like to know what if I am covered for travel insurance. I purchased overseas tickets on my Amex Platinum and not sure what exactly I am covered for.
    Could you please specify if I need to take out more travel insurance or is the Amex cover enough.
    Thank you

Credit Cards Comparison

Rates last updated May 30th, 2016
Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee
St.George Vertigo Platinum
A platinum card with a balance transfer offer of 0% p.a. for 20 months and an introductory purchase offer of 0.99% p.a. for 4 months with a low annual fee.
0.99% p.a. for 4 months (reverts to 12.74% p.a.) 0% p.a. for 20 months $99 p.a. Go to site More info
American Express Essential Credit Card
Receive a $50 credit on eligible spend and get Smartphone screen insurance combined with a no annual fee for life card.
14.99% p.a. 0% p.a. for 12 months $0 p.a. Go to site More info
HSBC Platinum Credit Card
Receive a full annual fee refund and save $149 if you meet the $6,000 spend requirement. Enjoy a balance transfer offer and platinum card benefits such as complimentary insurances and concierge services.
19.99% p.a. 0% p.a. for 15 months $149 p.a. Go to site More info
ANZ Frequent Flyer Black
Earn up to 75,000 bonus Qantas Points when you spend $2,500 within the first three months and 1.5 points per $1 spent. Get complimentary airport lounge access, 24/7 concierge with $0 annual fee in the first year.
19.99% p.a. $0 p.a. annual fee for the first year ($425 p.a. thereafter) Go to site More info

* The credit card offers compared on this page are chosen from a range of credit cards CreditCardFinder.com.au has access to track details from and is not representative of all the products available in the market. Products are displayed in no particular order or ranking. The use of terms 'Best' and 'Top' are not product ratings and are subject to our disclaimer. You should consider seeking independent financial advice and consider your own personal financial circumstances when comparing cards.

Ask a question
feedback

Exciting news!

myNBN.info is now part of the finder.com.au family.

Read more about what this means

Win $200!

Tell us about your health insurance and you could win.

Take our quick survey