ANZ Frequent Flyer Platinum Credit Card – Rates and Fees

Information verified correct on July 22nd, 2016
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The ANZ Frequent Flyer Platinum Credit Card offers 50,000 bonus Qantas Points, free Qantas Frequent Flyer membership and complimentary insurance.

Receive 50,000 Qantas Points after your first eligible purchase within the first 3 months. Eligibility criteria, terms and conditions and fees and charges apply.

Product NameANZ Frequent Flyer Platinum
Rewards ProgramQantas Frequent Flyer
Purchase rate (p.a.)19.99% p.a.
Annual fee$295 p.a.
Interest Free Period
The interest-free period on purchases is the period or number of days you do not 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$295 p.a.
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 after first eligible purchase is made 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 after your first eligible purchase within the first three months of card approval. Eligible purchases exclude fees, cash, cash equivalent transactions, balance transfers and premiums for ANZ credit card insurance.
  • 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.

ANZ Frequent Flyer Platinum credit card features

  • Annual fee. This card has an annual fee of $295 that includes a $240 annual account fee and a $55 Rewards Program services fee.
  • Rates and fees. This platinum card offers cardholders a 19.99% p.a. interest rate on purchases and a 21.49% p.a. interest rate on cash advances.
  • 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.

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.

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236 Responses to ANZ Frequent Flyer Platinum Credit Card – Rates and Fees

  1. Default Gravatar
    Erin | July 15, 2016

    Will a balance transfer from another card allow me the usual allotment of points on this card? I understand this will not count towards the minimum spend of the first few months on the card. Thanks in advance!

    • Staff
      May | July 15, 2016

      Hi Erin,

      Thanks for your question.

      The balance transfer will not affect the rewards/points scheme of your ANZ Frequent Flyer Platinum. So even if you conduct BT on this card, you will still receive/earn the 50,000 bonus Qantas Points so long you have used your card on eligible purchases within the first three months of card approval.

      Hope this has answered your question.

      Cheers,
      May

  2. Default Gravatar
    Dave | June 24, 2016

    As someone who works part time and has a good credit rating is it likely I will be approved for this?

    I have previously held an ANZ credit card, am I eligible?

    When is the annual fee due?

    • Staff
      May | July 1, 2016

      Hi Dave,

      Thanks for your inquiry.

      Actually, your income and credit rating are among the eligibility requirements that the bank will assess to approve your application aside from the necessary documents that you need to provide.

      As for the ANZ Frequent Flyer Platinum Credit Card, you will be eligible to apply for this card if you do not 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.

      Meanwhile, the due date for the annual fee for this ANZ Frequent Flyer Platinum Credit Card will depend on the date you are approved for the card. The total annual fee of $295 ($240 Annual Account Fee + $55 Rewards Program Services Fee) will be charged to your account each year.

      I hope this has answered your question.

      Cheers,
      May

  3. Default Gravatar
    Joe | June 20, 2016

    Is there a minimum spend criteria to earn the 50,000 QFF points ? I noticed the ANZ Black requires $2,500 but no mention for ANZ Platinum.

    • Staff
      Anndy | June 20, 2016

      Hi Joe,

      Thanks for your comment.

      If you are approved for ANZ Frequent Flyer Platinum Credit Card, you can earn 50,000 bonus points after your first eligible purchase within the first 3 months of approval. The terms and conditions for this credit card did not mention about minimum spend, as long as you use your card on an eligible purchase. Other eligibility criteria apply.

      I hope this answers your question.

      Cheers,
      Anndy

  4. Default Gravatar
    Young | June 2, 2016

    I’ve spent over $5000 for last two month since I got platinum cards, but I still haven’t received any bonus points (supposed to be 50000 points)?

    • Staff
      May | June 2, 2016

      Hi Young,

      Thanks for your inquiry.

      As in the fine prints, it says that the Qantas bonus points will be credited to your ANZ account within three months of the eligible spend criteria being met.

      As for the points equivalents, you’ll get:

      - 1.5 Qantas Points for every $1 spent on eligible purchases with your ANZ Frequent Flyer Platinum AMEX card, up to $6,000 per statement period.

      - 0.5 Qantas Points for every $1 spent on eligible purchases with your ANZ Frequent Flyer Platinum Visa card, up to $6,000 per statement period.

      I hope this has answered your question.

      Cheers,
      May

  5. 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

  6. 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

  7. 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

  8. 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

  9. 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

  10. 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

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American Express Essential Credit Card
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The NAB Low Interest Visa Card offers 0% p.a. purchase and balance transfer offers for 15 months. Also comes with a low annual fee.
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