ANZ Rewards Platinum
Churn value: $352 in flights.
You pay $149 in first-year fees.Spend $3,500 in 90 days.You get 30,083 Krisflyer points, worth about $451 in flights.
The recorded minimum requirements are that you can take a credit limit of at least $6,000. Meeting them does not guarantee approval.
It is only worth it if you pay in full each month and close the card before the next $149 fee.
Available
This page is my best effort to summarise the card's terms from the information I found. Read the bank's terms for full details, or contact the bank if you have questions.
I'd like to use my bonus for:
Can I get this?
This offer is advertised to the public. Bonus conditions and the bank’s approval requirements still apply.
Can I get this bonus if I have held a card before?
You are not eligible for these offers if you currently hold or have held an ANZ Rewards or ANZ Frequent Flyer credit card in the last 24 months. The wait is 24 months, from the last date you held one of these cards. If you hold one now, you cannot get this bonus.
See the waiting rules for every Australian bank →What must I spend?
$3,500 within 90 days — about $1,167 per month.
Can I get the card?
The minimum credit limit is $6,000. This is the least the bank may let you borrow.
I do not have a minimum income for this card.
Meeting the bonus rules does not mean the bank will approve your application. The bank must assess and approve the card separately.
How long is this available?
I do not have an end date for this offer.
What do I do, step by step?
- Apply. Check the income and waiting rules in “Can I get this?” first. If you do not pass those, the bonus does not come.
- Spend $3,500 in 90 days on bills and shopping you had to pay anyway. Do not buy extra things just to hit the number.
- Pay in full each month. Interest can eat the whole bonus. The churn value at the top assumes you never pay interest.
- Use the points for flights. Points you never use are worth zero.
- Close the card before the next fee — keeping it costs $149 a year. The next section helps you decide if keeping it is worth it.
When this is not worth it
- You pay interest, or you cannot pay in full each month.
- You buy things you do not need to hit the spend target.
- You have no trip or use in mind for the points.
- You keep the card into year two out of habit and pay the fee again.
Should I keep it after the first year?
Keeping the card costs $149 each year ($149 annual fee) — the first year was $149.
The year-two bonus is 40,000 ANZ points.
Ongoing earn: 1.50x ANZ points per $1.
Keeping pays off only if you meet the second-year conditions and use the points and benefits enough to cover $149/yr.
What else makes the card useful?
Reward use
Ways to turn points into value.
- Points Transfer Benefits Compare across cards →ANZ Reward Points transferable to partner programs: Velocity, Asia Miles, KrisFlyer, Airpoints Dollars, Everyday Rewards and World360 Rewards
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ANZ Reward Points transferable to partner programs: Velocity, Asia Miles, KrisFlyer, Airpoints Dollars, Everyday Rewards and World360 Rewards
Purchase protection
Cover on things you buy with the card. Limits, excesses, and activation conditions apply.
- Purchase Protection Insurance Compare across cards →Covered items bought on the card against theft, accidental damage or permanent loss for 90 days from possession; up to $10,000 per item ($3,500 for jewellery, watches and new works of art), max $135,000 per card account in any 12 months
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Covered items bought on the card against theft, accidental damage or permanent loss for 90 days from possession; up to $10,000 per item ($3,500 for jewellery, watches and new works of art), max $135,000 per card account in any 12 months
- Extended Warranty Insurance Compare across cards →Extends an eligible item's manufacturer's Australian warranty by the same period for up to one year (no cover if the manufacturer's warranty exceeds five years); up to $10,000 per item and per card account in any 12 months
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Extends an eligible item's manufacturer's Australian warranty by the same period for up to one year (no cover if the manufacturer's warranty exceeds five years); up to $10,000 per item and per card account in any 12 months
Travel
Travel cover and perks. Most need qualifying bookings or payment with the card.
- Travel Insurance Compare across cards →Up to $20,000,000 cover · trips up to 90 days
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Complimentary international travel insurance for ANZ Platinum cardholders for trips up to 3 consecutive months when at least $250 of prepaid travel is charged to the card and a return overseas ticket is held; up to $20 million overseas emergency medical and assistance. Domestic travel insurance also available for up to 28 days per journey.
- Rental Vehicle Insurance Compare across cards →Rental vehicle excess cover in Australia for damage or theft up to $5,000 per cardholder or spouse, plus up to $750 for return of the rental vehicle
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Rental vehicle excess cover in Australia for damage or theft up to $5,000 per cardholder or spouse, plus up to $750 for return of the rental vehicle
Account management
Tools for running the account — repayment helpers, not reward value.
- Concierge Service Compare across cards →24/7 personal concierge for domestic and international restaurant and hotel bookings, gift ideas and travel recommendations; call 1300 580 765 or +61 2 7907 0805
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24/7 personal concierge for domestic and international restaurant and hotel bookings, gift ideas and travel recommendations; call 1300 580 765 or +61 2 7907 0805
- Digital Wallet Integration Compare across cards →Compatible with Apple Pay, Google Pay, Samsung Pay, Fitbit Pay and Garmin Pay on eligible devices
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Compatible with Apple Pay, Google Pay, Samsung Pay, Fitbit Pay and Garmin Pay on eligible devices
- Digital Card Issuance Compare across cards →Digital cards available for use in a digital wallet; replacement digital cards faster than postal delivery
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Digital cards available for use in a digital wallet; replacement digital cards faster than postal delivery
- Interest Free Periods Compare across cards →Interest-free period of up to 55 days on the Purchases balance when the full Closing Balance (or Adjusted Closing Balance) is paid by the Due Date each statement period
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Interest-free period of up to 55 days on the Purchases balance when the full Closing Balance (or Adjusted Closing Balance) is paid by the Due Date each statement period
- Installment Plans Compare across cards →ANZ Instalment Plan at Checkout lets eligible purchases be split into 3, 6, 9 or 12 monthly instalments; where a Setup Fee applies the plan interest rate is 0% p.a. for the plan period
This is a repayment plan. It does not add reward value.
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ANZ Instalment Plan at Checkout lets eligible purchases be split into 3, 6, 9 or 12 monthly instalments; where a Setup Fee applies the plan interest rate is 0% p.a. for the plan period
- Buy Now Pay Later Compare across cards →Buy Now Pay Later Plan requires no repayment of an agreed amount and charges no interest on that amount for a specified period
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Buy Now Pay Later Plan requires no repayment of an agreed amount and charges no interest on that amount for a specified period
- Balance Transfer Offers Compare across cards →Promotional Balance Transfer Plan available with an interest rate or terms differing from the standard balance transfer rate; transfers accepted from eligible non-ANZ Australian credit and store cards
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Promotional Balance Transfer Plan available with an interest rate or terms differing from the standard balance transfer rate; transfers accepted from eligible non-ANZ Australian credit and store cards
30,083 Krisflyer points at 1.5¢ a point − $149 in first-year fees. This is flight value, not cash. It assumes you earn the bonus and pay in full.
This offer is open now (terms from 16 Oct 2026).
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.
- You close the card before the next annual fee, or you decide keeping it is worth that fee.
Did this help you make a decision?
Terms and evidence
Full current terms
Offer terms
First Year Points
85,000 points
ANZ
Second Year Points
40,000 points
With $149 annual fee
Minimum Spend
$3,500
within 90 days (about 3 months)
Cash Bonus
Ongoing Earn Rate
1.50x points per $1 spent
Fees
First Year Annual Fee
$149
Ongoing Annual Fee
$149
From year 2 onwards
Purchase Interest Rate
22.49% p.a.
The value above assumes you pay in full and never pay this. Any interest changes the outcome.
Benefit history (8 changes)
- Travel InsuranceUpdated May 2026
Now Up to $20,000,000 cover · trips up to 90 days.
- Digital Wallet IntegrationUpdated May 2026
- Shopping BenefitsRemoved May 2026
- Balance Transfer OffersUpdated May 2026
- Concierge ServiceUpdated May 2026
- Buy Now Pay LaterUpdated May 2026
- Extended Warranty InsuranceUpdated May 2026
- Purchase Protection InsuranceUpdated May 2026
Offer terms history (10 versions — old terms, for checking)
These are published versions of this offer's terms. Each version preserves the conditions available at that time.
Published 16 Oct 2026
Availability changed from ended to available; conditions unchanged.
No recorded term changes from the previous version.
No recorded term changes from the previous version.
No recorded term changes from the previous version.
No recorded term changes from the previous version.
Changes from terms version 4
Changes from terms version 3
Changes from terms version 2
Changes from terms version 1
First recorded terms
Captures behind the selected terms record — evidence for these terms, not a complete history of the named offer.
Archived notes
Earlier notes about this offer, kept as an archive — not current terms. Note dates are separate from terms publication dates.
- Bonus changed from 80K to 100K2 years ago
- Annual Fee from $95 to $94, Second Year Annual Fee from 95 to 94, Program fee added $553 years ago
- Bonus increased from 50k to 90k and $50 credit added, spend increased from $1500 to $20004 years ago
- First year annual fee increased from $0 to $954 years ago
- Bonus decreased from a $500 gift card to 50,000 points. Overall profit reduced from $500 to $220.5 years ago
Discussion
About the current terms (published 16 Oct 2026).
Community and personal tools
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