ANZ Rewards Platinum - Velocity Redemption Option Credit Card
The ANZ Rewards Platinum - Velocity Redemption Option Credit Card offers 50,000 bonus Velocity Points. Ongoing benefits include Velocity Points via Velocity Frequent Flyer earned on eligible purchases, and complimentary travel insurance.
Updated 3 April 2024
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The ANZ Rewards Platinum - Velocity Redemption Option credit card is ANZ's mid-tier Velocity Frequent Flyer product. Featuring a relatively low points earn rate which is uncapped, the card provides premium features such as insurances. This card earns ANZ Reward Points, which can be converted to a variety of rewards, including Velocity Points. Further, the product has a $149 annual fee, including up to 55 interest free days.
Considering its key features, this card is most suitable to someone who wishes to be rewarded for their spend. Other benefits include Overseas Travel and Medical Insurance which is similar to equivalent products.
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Earn Velocity Points via ANZ Rewards#
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0.75points per $1 spent up to $2,000, then 0.25 per statement
# This product earns ANZ Reward Points which can be converted to Velocity Points. For your convenience, all above references to points are in the Velocity Points currency.
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$94 annual account fee
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$55 rewards fee
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$10 additional cardholder fee
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$55 additional cardholder rewards fee
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Up to 9 additional cardholders
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3.00% international transaction fee
Other fees may apply.
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20.99% p.a. variable purchase rate
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21.99% p.a. variable cash advance rate
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Up to 55 interest free days on purchases
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International Travel Insurance
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Domestic Travel Insurance
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Rental Vehicle Excess in Australia Insurance
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Extended Warranty Insurance
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Purchase Protection Insurance
50,000bonus points
$50back to your new card
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Before applying for this product, you should read the Target Market Determination (TMD) available here on the ANZ website.