ANZ Rewards Platinum Velocity Offer
Ended — kept for reference
$450 in Coles gift cards · 100,000 Velocity points · spend $2,000 in 90 days
I'd like to use my bonus for:
$450 in Coles gift cards (96,516 of 101,500 Velocity points; 4,984 left over) − $94 card fee − $55 program 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.
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 a public offer.
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?
$2,000 within 90 days — about $667 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?
No recorded end date — this does not mean it never ends. Availability is rechecked against the issuer page.
Should I keep it after the first year?
Renewal costs $149 each year ($94 annual fee + $55 program fee) — first year was $149.
No second-year bonus recorded — renewal buys ongoing earn and the card's benefits only.
Ongoing earn: 0.75x Velocity points per $1.
Keeping pays off only if the ongoing earn and benefits are worth $149/yr to you.
Year-two points aren't dollar-valued here: the redemption catalogue may change before renewal, so recheck the rate then.
Terms and evidence
Full current terms
Offer terms
Signup Bonus
100,000 points
Velocity
Minimum Spend
$2,000
within 90 days (about 3 months)
Additional Cash Bonus
Ongoing Earn Rate
0.75x points per $1 spent
Fees
First Year Annual Fee
$94
Ongoing Annual Fee
$94
From year 2 onwards
Program Fee
$55
Additional fee for reward program participation
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.
Offer terms history
These are published versions of this offer's terms. Each version preserves the conditions available at that time.
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.
- Expiration changed from 31/03/23 to no expiration, Bonus from 75K to 70K, Second Year Bonus from 0 to 30K, Spend For Bonus from $1.5K to $2K, Bonus Period from 90 to 90, Bonus Cash from 95 to 0, Bonus Description from Virgin Australia Travel Credit to NaN, Annual Fee from $95 to $94, Second Year Annual Fee from 95 to 94, Notes from 30 Velocity Status Credits to ""2 years ago
Discussion
About these ended terms (published 7 Dec 2024) — not the current offer.
Community and personal tools
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