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Gift card value

ANZ Frequent Flyer Platinum (Existing Customers)

Ended — kept for reference

$525 in Woolworths gift cards · 110,000 Qantas points · spend $2,500 in 90 days

I'd like to use my bonus for:

+ $200 cashback extra bonus
$250
x 2
$25
x 1
in Woolworths gift cards, $525 total, with 3,155 points remaining.
How the value is calculated

$525 in Woolworths gift cards (108,720 of 111,875 Qantas points; 3,155 left over) − $295 card fee. Assumes you earn the bonus and pay in full; extra spend or interest changes the outcome.

These terms ended and are kept for reference.

+110,000sign-up bonus
+1,875from $2,500 spend
=111,875Qantas points
→$525in Woolworths gift cards
=3,155points left over
+$200cashback
−$295first-year fees
=$430first-year value
What this calculation assumes
  • You make the required purchases and the bonus is paid.
  • You pay the balance in full — any interest changes the outcome.
  • The required spend is ordinary planned spending, not extra cost.
  • Gift-card rates are the recorded redemption catalogue, rechecked at renewal.

Did this help you make a decision?

Can I get this?

This is an offer for existing customers.

Can I get this bonus if I have held a card before?

The bonus holding rule for this offer is unverified. Check the offer terms before applying.

See exclusion periods for every Australian issuer →

What must I spend?

$2,500 within 90 days — about $833 per month. The terms on this page don't record when the clock starts or how long the bonus takes to arrive after you qualify — check the issuer terms for both.

Can I get the card?

$6,000 minimum credit limit — a lending commitment, not a reward fact.

No minimum income recorded — this does not mean there is none.

Lending approval is separate from bonus eligibility: approval gets you the card, the conditions above get you the bonus.

How long is this available?

Recorded end date: October 13, 2022.

Should I keep it after the first year?

Renewal costs $295 each year ($295 annual fee) — first year was $295.

No second-year bonus recorded — renewal buys ongoing earn and the card's benefits only.

Ongoing earn: 0.75x Qantas points per $1.

Keeping pays off only if the ongoing earn and benefits are worth $295/yr to you.

Year-two points aren't dollar-valued here: the redemption catalogue may change before renewal, so recheck the rate then.

OzBargain discussion for this card

Terms and evidence

Full current terms

Offer terms

Mid-TierOffer Ended

Signup Bonus

110,000 points

Qantas

Minimum Spend

$2,500

within 90 days (about 3 months)

Cash Bonus

$200Cashback

Offer Expires

October 13, 2022

4 years ago

Ongoing Earn Rate

0.75x points per $1 spent

Fees

First Year Annual Fee

$295

Ongoing Annual Fee

$295

From year 2 onwards

Purchase Interest Rate

20.00% p.a.

The value above assumes you pay in full and never pay this. Any interest changes the outcome.

Note: Additional fees may apply for cash advances, foreign transactions, overlimits, and late payments. Check the issuer's terms and conditions for complete fee details.

Benefit history (26 changes)
  • Travel InsuranceUpdated May 2026
  • Buy Now Pay LaterUpdated May 2026
  • Installment PlansUpdated May 2026
  • Extended Warranty InsuranceUpdated May 2026
  • Purchase Protection InsuranceUpdated May 2026
  • Rental Vehicle InsuranceUpdated May 2026
  • Points Transfer BenefitsUpdated May 2026
  • Digital Card IssuanceUpdated May 2026
  • Digital Wallet IntegrationUpdated May 2026
  • Balance Transfer OffersUpdated May 2026
  • Interest Free PeriodsUpdated May 2026
  • Travel InsuranceUpdated May 2026
  • Concierge ServiceUpdated May 2026
  • Travel InsuranceUpdated May 2026
  • Concierge ServiceUpdated May 2026
  • Purchase Protection InsuranceRemoved May 2026
  • Travel InsuranceUpdated May 2026

    Now Up to $20,000,000 cover · trips up to 90 days.

  • Extended Warranty InsuranceRemoved May 2026
  • Buy Now Pay LaterRemoved May 2026
  • Concierge ServiceUpdated May 2026
  • Balance Transfer OffersRemoved May 2026
  • Shopping BenefitsRemoved May 2026
  • Digital Wallet IntegrationRemoved May 2026
  • Rewards Program Elite StatusRemoved May 2026
  • Points Transfer BenefitsRemoved May 2026
  • Interest Free PeriodsRemoved May 2026

Offer terms history

These are published versions of this offer's terms. Each version preserves the conditions available at that time.

Unknown publication date

First recorded terms

Bonus Qantas:
110,000
Bonus Cash:
$200
Annual Fee:
$295
Minimum Spend:
$2,500 in 90 days
Source wording history

Captures behind the selected terms record — evidence for these terms, not a complete history of the named offer.


Other offers for this card

Discussion

About these ended terms — not the current offer.


Community and personal tools

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