- Earn 1 Qantas Point per $1 spent, up to $7,500 per statement period
- New customers can earn up to 100,000 bonus Qantas Points plus a $200 statement credit
- $425 total annual fee
- Tiered points earning, rate drops to 0.5 Qantas Points after exceeding $7,500 spend per statement period
- A variety of airport lounge access options
ANZ's Frequent Flyer Black credit card allows you to earn up to one Qantas Point per dollar spent up to $7,500 per monthly statement period (halved thereafter), and can be used either as your sole points-earning plastic or in tandem with a higher-earning American Express card to maximise your points.
But ANZ's top-of-the-line Qantas card offers more than just points: there are also more travel perks than you could poke a stick at, including lounge access with Qantas and the independent Velocé scheme, a substantial discount on ongoing Qantas Club membership, and of course, a variety of insirance options.
With an offer of 100,000 bonus Qantas Points and $200 back to your new card (when you apply and spend $4,000 on eligible purchases in the first three months from approval), you'll be able to fly to your next holiday destination in style, and save on annual fees in the first year.
Rounding out the key list of features and perks is support for Apple Pay, Google Pay, Samsung Pay, Fitbit Pay and Garmin Pay, allowing you to purchase goods and services in-person without presenting your physical card at any business that accepts contactless payments via their EFTPOS terminal.
ANZ Frequent Flyer Black credit card: fast facts
- Grade/tier: Black
- Card type: Visa
- Loyalty program: Qantas Frequent Flyer (direct earn)
- Qantas Points earned per dollar: 1 Qantas Point up to $7,500 per statement period, 0.5 Qantas Points thereafter (excludes ATO)
- Points capping: Tiered earning rates apply as above, but points earning is without limit
- Supported mobile wallets: Apple Pay, Google Pay, Samsung Pay, Fitbit Pay, Garmin Pay
Fees, charges and interest:
- Total annual fee: $425 (with a net cost of $225 in the first year via the $200 statement credit)
- Additional/supplementary cardholder fee: $65 with rewards
- Interest rate on purchases: 20.24% p.a.
- Interest-free days on purchases: Up to 55
- Interest rate on cash advances: 20.24% p.a.
- International transaction fee: 3.0%
- Minimum income requirement: None defined
- Minimum credit limit: $15,000
Earning points for free flights:
Apply, be approved and you can earn 100,000 bonus Qantas Points plus $200 back on your card after spending $4,000 on eligible purchases in the first three months. On the points front, that's enough for a return Qantas business class flight from Sydney to Jakarta, plus a payment on the side to cover taxes, fees and other charges when booking.
As you continue to use the card, you'll also be earning Qantas Points at one of the highest rates in Australia for 'non-AMEX' spend, keeping your Qantas Frequent Flyer balance topped up.
Airport lounge access:
Every year, cardholders can request two complimentary Qantas Club lounge passes – valid in domestic Qantas Club lounges and the airline's own international business class lounges, except for Los Angeles, Singapore, and the Qantas Transit Lounge in Perth.
For more frequent travellers, Qantas Club membership can also be purchased via ANZ at a $497 discount in the first year over the full 'individual' price, while unlimited access to a range of independent airport lounges is also provided through automatic membership in the Velocé international lounge scheme.
Not to be confused with Virgin Australia Velocity, Velocé is an independent lounge network with locations around the world: but once you have your ANZ credit card, do sign up for an online account with Velocé to stay abreast of your lounge options, because participating lounges do change from time to time.
Complimentary insurance cover:
Charge just $250 of your international flight, accommodation or other associated travel costs to your ANZ Frequent Flyer Black Card and ANZ's complimentary International Travel Insurance may provide cover on trips of up to six months.
ANZ's line-up of insurance covers also extends to Purchase Protection Insurance, Rental Vehicle Excess in Australia Insurance, Transit Accident Insurance and Guaranteed Pricing Scheme cover.
As always, refer to the policy documents to check that you qualify, and that the cover meets your needs.
ANZ Frequent Flyer Black credit card: the verdict
With the annual fee partially offset in the first year, substantial discounts on Qantas Club membership and unlimited lounge access via Velocé, the ANZ Frequent Flyer Black credit card can easily save you money: all while earning a high number of frequent flyer points on your everyday spends.
The only major downside is the high minimum credit limit of $15,000 compared to many Platinum-grade cards which usually begin at $6,000, which some people may find harder to qualify for if they already have several cards to their name.
Advanced frequent flyer users could also consider coupling the ANZ Frequent Flyer Black with a separate, high-earning American Express card (such as the AMEX Qantas Ultimate Card) to earn the most points where AMEX is accepted, and a respectable number of points where it's not, courtesy of ANZ.
Bank disclaimer: To apply for this credit card, you must:
-Be 18 years of age or over, and;
-Be a permanent Australian resident or a non-permanent resident with more than 9 months remaining on your visa.
Bank disclaimer: Complimentary insurance covers: AWP Australia Pty Ltd ABN 52 097 227 177 AFSL 245631 (trading as Allianz Global Assistance) under a binder from the insurer, Allianz Australia Insurance Limited ABN 15 000 122 850 AFSL 234708 has issued a group policy to Australia and New Zealand Banking Group Limited (ANZ) ABN 11 005 357 522 AFSL and Australian credit licence 234527 which allow eligible ANZ account holders and cardholders to claim under the group policy as third party beneficiaries. The eligibility criteria, terms, conditions, limits and exclusions of the group policy are set out in the Premium Cards - Insurances Policy Information booklet (PDF 366kB) and the ANZ Credit Cards Insurance Features booklet (PDF 111.5kB) which may be amended from time to time. An excess may be deducted from any benefit paid. ANZ does not guarantee this insurance. Any advice has been prepared without taking into account your objectives, financial situation or needs. You must check whether or not it is appropriate, in light of your own circumstances, to act on this advice.