ANZ Rewards Platinum credit card: rewards, flexibility and premium extras
The ANZ Rewards Platinum credit card is designed for Australians who want everyday earn rates, flexible redemption options and a solid bundle of premium extras. You can choose one of two welcome offers (Velocity Frequent Flyer Points or ANZ Reward Points), earn points on daily purchases, and access benefits like complimentary travel insurance, purchase protection, 24/7 concierge, and ANZ Falcon® fraud monitoring. An annual fee applies and purchase interest is higher than low-rate cards, so this product suits cardholders who typically repay their balance in full.
Benefits
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Choose your welcome offer
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Velocity Frequent Flyer: Up to 80,000 bonus Velocity Points (60,000 after spending $3,500 in 3 months with auto-redemption on, + $50 back; extra 20,000 after you keep the card >15 months with auto-redemption maintained). T&Cs and eligibility apply.
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ANZ Reward Points: Up to 125,000 extra ANZ Reward Points (85,000 + $50 back after $3,500 in 3 months; extra 40,000 after you keep the card >15 months). T&Cs and eligibility apply.
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Ongoing points earn (eligible purchases per statement period): 1.5 ANZ Reward Points per $1 up to and including $2,000, then 0.5 point per $1 over $2,000. T&Cs apply.
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Complimentary insurance when you use the card for eligible purchases: Travel insurance (including rental vehicle excess cover in Australia), Extended Warranty Insurance and Purchase Protection Insurance. T&Cs, limits, sub-limits, exclusions and eligibility criteria apply.
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Up to 44 interest-free days on eligible purchases when you pay your full Closing Balance (or Adjusted Closing Balance, if applicable) by the due date. T&Cs apply.
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24/7 Personal Concierge for assistance with bookings, gift ideas and recommendations.
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ANZ Falcon® 24/7 anti-fraud monitoring, with contact if unusual activity is detected.
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Balance transfers from non-ANZ credit/store cards to consolidate repayments (T&Cs apply).
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Digital wallet compatible and instant digital card replacement in the app for faster access.
Pre-requisites for applying
You’ll generally need to:
- Be 18+.
- Be an Australian or New Zealand citizen, permanent resident, or hold a visa with >12 months remaining.
- Have a good credit rating.
- For offer eligibility, not currently hold and not have opened/closed an ANZ Frequent Flyer or ANZ Rewards credit card in the last 24 months.
Standard identification, income/expense and credit assessments apply. T&Cs and fees apply.
Who is this card suitable for?
This card fits budget-conscious rewards seekers who:
- Want flexible points (ANZ Rewards) or Velocity points with clear paths to flights, gift cards or cashback.
- Can typically repay most or all of their balance each month to make the most of interest-free days.
- Value travel and shopping protections, concierge, and fraud monitoring as part of a premium feature set.
If you tend to carry debt and make only minimum repayments over time, note the higher purchase interest rate relative to low-rate products.
Does the card offer a loyalty programme, cashback or rewards?
Yes. You earn ANZ Reward Points on eligible purchases with tiered earn rates per statement period (1.5/$1 up to $2,000; 0.5/$1 thereafter).
For the welcome, you can choose between:
- Velocity Frequent Flyer Points (requires auto-redemption to be switched on and kept on for the relevant periods), or
- ANZ Reward Points.
Redemptions include airline partner points, digital gift cards, and ANZ Cashback (per programme rules). T&Cs apply.
Is the card secure and trustworthy?
The card includes ANZ Falcon® 24/7 anti-fraud monitoring, with contact if suspicious transactions appear. You also have complimentary purchase protections (Extended Warranty and Purchase Protection) when you pay with the card, subject to policy T&Cs, limits and exclusions. These features support safer everyday use alongside your normal account controls.
Credit limit
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Minimum credit limit: $6,000.
Credit limits are subject to ANZ’s assessment and may vary by applicant.
Steps to apply
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Start online and complete your application with personal, income, expense and ID details.
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Select your welcome offer preference (Velocity or ANZ Rewards), noting all eligibility rules.
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Submit for assessment and provide any requested documents.
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On approval, activate your card and, if choosing Velocity, switch on auto-redemption in ANZ Rewards within 3 months of approval and keep it on for the relevant bonus periods.
Pros and cons of the card
Pros
- Choice of two strong welcome offers (Velocity or ANZ Rewards) + $50 back (eligibility required).
- Solid earn rate on the first $2,000 per statement period.
- Complimentary travel and purchase insurance (T&Cs apply).
- Concierge and ANZ Falcon® fraud protection.
- Up to 44 interest-free days when you pay in full.
Cons
- Higher purchase interest rate than low-rate cards; not ideal if you revolve.
- Higher annual fee than entry-level products.
- Lower earn rate than ANZ Rewards Black.
- Points earn tiers reset each statement period.
How do I unlock/activate the card?
After approval and delivery, activate your ANZ Rewards Platinum via ANZ’s digital channels (per instructions provided). If pursuing the Velocity offer, remember to log in to ANZ Rewards and switch on auto-redemption within 3 months of approval, and keep it on for the required periods to receive the bonuses (subject to meeting minimum spend and card-retention criteria).
Mobile app for iOS and Android
ANZ provides full-featured mobile apps on both iOS and Android so you can activate and manage your ANZ Rewards Platinum card, view transactions in real time, switch on and maintain auto-redemption for Velocity or ANZ Rewards, set spending caps and alerts, lock or unlock your card instantly, and add the card to digital wallets for fast, secure payments.
Costs and fees
Below are the key Costs and Fees for the ANZ Rewards Platinum credit card, presented in a clear, scannable format to support quick comparisons. Figures include the annual fee breakdown, interest rates, interest-free days conditions, and additional cardholder costs. Terms and conditions apply.
| Item | Amount / Condition |
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| Annual fee | $149 (includes $94 Annual Fee + $55 Rewards Program Service Fee). |
| Purchase interest rate | 20.99% p.a. |
| Cash advance interest rate | 21.99% p.a. |
| Balance transfer interest rate | 21.99% p.a. |
| Interest-free days on purchases | Up to 44 days on eligible purchases when the Closing Balance (or Adjusted Closing Balance, if applicable) is paid in full by the due date. |
| Additional cardholders | Up to 9 additional cardholders, $65 per additional cardholder p.a. |
| Notes | Standard fees and charges apply per the ANZ Credit Cards Conditions of Use and ANZ Consumer Credit Cards Fees and Charges. Terms, limits, sub-limits and exclusions apply. |
Final note on the two offers
The Velocity offer requires you to switch on ANZ Rewards auto-redemption within 3 months of approval and keep it on until you receive the relevant redemption email or SMS for each bonus tranche; you must also spend $3,500 on eligible purchases in the first 3 months and keep the card for more than 15 months to receive the additional 20,000 Velocity Points. The ANZ Rewards offer provides 85,000 points plus $50 back after you spend $3,500 in the first 3 months, with an extra 40,000 points when you keep the card for more than 15 months. Both offers are for new cards only and are subject to terms and conditions, eligibility criteria, fees and charges.
About the author
Trained as a linguist, I write content for a variety of niches and audiences. I’m communicative, curious, and highly attuned to the nuances of language and communication. I have a deep interest in all forms of expression – from writing and scripts to music, films, and podcasts. I believe that great ideas gain power when they’re well-written and strategically targeted.
