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?
$3,000 within 90 days — about $1,000 per month.
Can I get the card?
The minimum credit limit is $15,000. 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 $375 each year ($375 annual fee) — the first year was $375.
There is no bonus in year two. The fee buys points on your spending, plus the card's perks.
Ongoing earn: 2.00x ANZ points per $1.
Keeping pays off only if the ongoing earn and benefits are worth $375/yr to you.
$830 in Woolworths gift cards (184,350 of 186,000 ANZ points; 1,650 left over) − $375 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?
Terms and evidence
Full current terms
Offer terms
Signup Bonus
180,000 points
ANZ
Minimum Spend
$3,000
within 90 days (about 3 months)
Cash Bonus
Ongoing Earn Rate
2.00x points per $1 spent
Fees
First Year Annual Fee
$375
Ongoing Annual Fee
$375
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.
Benefit history (7 changes)
- Travel InsuranceUpdated May 2026
Now Up to $20,000,000 cover · trips up to 180 days.
- Digital Wallet IntegrationUpdated 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 (4 versions — old terms, for checking)
These are published versions of this offer's terms. Each version preserves the conditions available at that time.
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 increased from 150k to 180k3 years ago
- Bonus increased from 80k to 150k, $150 cashback added, spend increased to from $2k to $3k4 years ago
- 2022-07-224 years ago
- Bonus decreased from 180,000 to 80,000. Overall profit reduced from $820 to $370.5 years ago
Discussion
About these ended terms (published 30 Jun 2024) — not the current offer.
Community and personal tools
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