Compare ANZ Credit Cards
Compare the latest ANZ Credit Card offers. 0% for 30 months on Balance Transfers. 130,000 bonus Qantas Points. 40,000 bonus Velocity Points. Review your existing ANZ Credit Card. Get a better deal today.
Updated 2 August 2022
Offers 1 - 10 of 15
Are ANZ Rewards or Qantas Frequent Flyer better?
Which is best for you?
If you take out an ANZ loyalty points Credit Card you’ll generally have the option to link it to Qantas Frequent Flyer or ANZ Rewards. We look at the pros and cons of each rewards program to help you choose which is right for you.
How ANZ Rewards works
The ANZ Rewards program is designed to give you flexibility in the way you choose to redeem rewards points. It allows you to accumulate rewards on your everyday purchases and doesn’t cap the number of points you can earn.
You can then spend these points acorss the following categories.
- Gifts cards. You can convert your ANZ Rewards points for gift cards through a number of retail partners. These include Amazon, Apple, Big W, Bunnings, Dan Murphys, David Jones, JB Hi Fi, Myer, Uber, Westfield, and more.
- Cashback.ANZ Rewards has a cashback scheme that offers you $5 in return for every 1,250 points you redeem.
- Airline partners. 4 different frequent flyer programs partner with ANZ Rewards offering the following rates of exchange:
- Velocity Frequent Flyer.2 ANZ Rewards Points = 1 Velocity Point
- Singapore Airlines Krisflyer.3 ANZ Rewards Points = 1 Krisflyer Mile
- Cathay Pacific Asia Miles.3 ANZ Rewards Points = 1 Asia Mile
- Air New Zealand Airpoints.200 ANZ Rewards Points = 1 Airpoint
Which cards come with ANZ Rewards?
ANZ offers 4 different cards that come with ANZ Rewards. These include the entry-level ANZ Rewards card , as well as the ANZ Rewards Platinum and the ANZ Rewards Black. For a higher fee, these offer the opportunity to earn more rewards points, and feature other travel-related benefits.
The fourth ANZ Rewards card is the ANZ Rewards Travel Adventures. This is a ‘no international’ fee card which could potentially save you money if you’re travelling overseas or you do a lot of internet shopping using overseas-based companies.
Summary of the benefits of ANZ Rewards cards
| ANZ Rewards | Fee$80 | International transaction fee3% | Purchase rate21.24% p.a. | Free Daysup to 55 | Rewards points earned Earn ANZ Reward Points 1point per $1 spent up to $1,000, then 0.5 per statement | Other benefits n/a | Minimum credit limit$1,000 | |
|---|---|---|---|---|---|---|---|---|
| ANZ Rewards Platinum | Fee$95 | International transaction fee3% | Purchase rate21.24% p.a. | Free Daysup to 55 | Rewards points earned Earn ANZ Reward Points 1.5points per $1 spent up to $2,000, then 0.5 per statement | Other benefits Complimentary travel insurance | Minimum credit limit$6,000 | |
| ANZ Rewards Black | Fee$375 | International transaction fee3% | Purchase rate21.24% p.a. | Free Daysup to 55 | Rewards points earned Earn ANZ Reward Points 2points per $1 spent up to $5,000, then 1 per statement | Other benefits Complimentary travel insurance | Minimum credit limit$15,000 | |
| ANZ Rewards Travel Adventures | Fee$120 | International transaction fee0% | Purchase rate21.24% p.a. | Free Daysup to 55 | Rewards points earned Earn ANZ Reward Points 1.5points per $1 spent up to $2,000, then 0.5 per statement | Other benefits No international transaction fees Complimentary travel insurance | Minimum credit limit$6,000 |
Current offers on ANZ Rewards cards
ANZ has the following offers for people taking out a new ANZ Rewards card.
ANZ Rewards Platinum
50,000extra points
ANZ Rewards Black
80,000extra points
ANZ Rewards Travel Adventures
40,000extra points
How the ANZ Qantas Frequent Flyer credit cards works
As the name suggests when you spend money on your ANZ Qantas Frequent Flyer card, you earn Qantas Frequent Flyer Points directly. Points are uncapped and the amount you’ll receive depends on how much you spend.
Qantas Frequent Flyer program is extensive, giving you the opportunity to use points for domestic and international flights and upgrades. You can also redeem points for:
- hotels
- shopping, including gift cards and direct purchases from the Qantas Store
- purchases through Qantas Wine
- Qantas Travel Insurance, and
- hire cars and fuel through BP
Which cards come with Qantas Frequent Flyer?
ANZ offers 3 different cards that link to Qantas Frequent Flyer. These include the entry-level ANZ Frequent Flyer card, as well as the ANZ Frequent Flyer Platinum and the ANZ Frequent Flyer Black. For a higher fee, these offer the opportunity to earn more rewards points, and feature other travel-related benefits.
Summary of ANZ Qantas Frequent Flyer Cards
| ANZ Frequent Flyer | Fee$95 | International transaction fee3% | Purchase rate21.24% p.a. | Free Daysup to 55 | Rewards points earned Earn Qantas Points 0.5points per $1 spent up to $500, then 0.25 per statement | Other benefits n/a | Minimum credit limit$1,000 | |
|---|---|---|---|---|---|---|---|---|
| ANZ Frequent Flyer Platinum | Fee$295 | International transaction fee3% | Purchase rate21.24% p.a. | Free Daysup to 55 | Rewards points earned Earn Qantas Points 0.75points per $1 spent up to $3,000, then 0.5 per statement | Other benefits Complimentary travel insurance | Minimum credit limit$6,000 | |
| ANZ Frequent Flyer Black | Fee$425 | International transaction fee3% | Purchase rate21.24% p.a. | Free Daysup to 55 | Rewards points earned Earn Qantas Points 1point per $1 spent up to $7,500, then 0.5 per statement | Other benefits Complimentary travel insurance Qantas Club lounge invitations | Minimum credit limit$15,000 |
Current offers on ANZ Qantas Frequent Flyer cards
ANZ has the following offers for people taking out a new ANZ Qantas Frequent Flyer card.
ANZ Frequent Flyer Platinum
70,000bonus points
$100back to your new card
ANZ Frequent Flyer Black
up to 130,000bonus points
$255back to your new card
Which should you get: ANZ Rewards or Qantas Frequent Flyer ?
We’ve summarised the key benefits of both cards here. However, ultimately, whether you should choose one of the ANZ Rewards credit cards or one of the ANZ Qantas Frequent Flyer depends largely on how you intend to redeem the points.
If you’re happy flying Qantas and shopping through its partners, then earning Qantas Frequent Flyer points directly can be a great option.Alternatively, if you’d prefer to fly another airline, then the ANZ Rewards card gives you the opportunity to redeem through 4 different frequent flyer loyalty programs schemes (Qantas isn’t one of them).
If cost is a consideration, it’s also worth noting that the ANZ Rewards cards tends to be slightly cheaper than the ANZ Qantas Frequent Flyer cards.But if you’re earning more points on an airline you’d choose to fly, this probably won’t matter.
Alternatively, if you don’t feel like you’ll get value out of rewards points, a low-cost no-frills card could save you money.
In short…
Both cards offer great rewards programs and the choice ultimately comes down to personal preference.