ANZ Rewards Platinum (Velocity Bonus Offer)
Ended — kept for reference
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?
I have not checked the waiting period for 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.
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 20,000 Velocity points.
Ongoing earn: 0.75x Velocity 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.
$250 in Coles gift cards (53,590 of 62,625 Velocity points; 9,035 left over) − $149 card fee. Assumes you earn the bonus and pay in full; extra spend or interest changes the outcome.
This offer has ended. I keep this page so you can check the old terms.
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.
- Gift card prices can change. I check them again at renewal time.
Did this help you make a decision?
VFF bonus offer. Activate on VFF portal before applying. +10,000 extra Velocity Points from VFF. Card earns ANZ Reward Points (up to 1.5/$1), convert to Velocity via Auto Transfer (2 ANZ = 1 Velocity). Base: 60k Velocity + 10k VFF extra. +20k Velocity if you keep card 15+ months. $50 back to your new card.
Terms and evidence
Full current terms
Offer terms
First Year Points
60,000 points
Velocity
Second Year Points
20,000 points
With $149 annual fee
Minimum Spend
$3,500
within 90 days (about 3 months)
Cash Bonus
Ongoing Earn Rate
0.75x points per $1 spent
Fees
First Year Annual Fee
$149
Ongoing Annual Fee
$149
From year 2 onwards
Purchase Interest Rate
20.99% 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 (3 versions — old terms, for checking)
These are published versions of this offer's terms. Each version preserves the conditions available at that time.
No recorded term changes from the previous version.
Published 16 Mar 2026
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.
Discussion
About these ended terms (published 21 May 2026) — not the current offer.
Community and personal tools
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