ANZ Rewards Credit Card

• 5 Star Rating by Canstar Cannex for outstanding value rewards
• Named Best Rewards Credit Cards by Money Magazine
• Redeem Reward Points for a wide selection of rewards including cash back, gift cards, shopping vouchers, and flights on any available seat, on any airline, at any time
• Automatically redeem your points for select rewards, such as gift cards, by setting up Auto-Redemption
• Uncapped points earning
• The added points earning power of two cards with the convenience of one account.
• Earn 2 Reward Points for every $1 spent on purchases using your ANZ Rewards American Express® card
• Earn 1.5 Reward Points for every $1 spent on purchases using your ANZ Rewards Visa card
• Get a response in 60 seconds.
• Apply before 12nd June 2012.
• Read the terms and conditions

• Excellent rewards program with points that don’t expire
• Companion card setup allows you to optimise spending for more rewards
• Comparatively affordable $89 p.a. annual fee
• The standard purchase rate could be lower

How does the ANZ Rewards Credit Card compare for rates and fees against an average credit card? Based on the data from our website this credit card comparison scorecard shows:

		Purchase Rate	Cash Adv Rate	Annual Fee	Bal. Transfer Rate	Bal. Transfer Rate Period
	ANZ Rewards Credit Card	19.89%	20.99%	$89	-%	- months
	The Average Credit Card	17.17%	21.04%	$95	3.04%	7 months

Do you want to be rewarded for shopping? Then look no further than the ANZ Rewards card (where $1 = 2 ANZ Rewards points). Not only does the account come with a Visa credit card, but it also comes with a free American Express card so you can earn even more points. If you want the power of two credit cards without the hassle, then read on.

Pros

The ANZ Rewards scheme is one of the most comprehensive on the market with a huge range of offers to choose from. Whether it’s a pair of top of the range headphones (16,320 points) or an Accor Hotels gift card (19,980 points) you’re bound to find something that tickles your fancy. ANZ even offer cash back rewards that will pay you back a percentage of your spend in cash!

Aside from the reward scheme, the ANZ Rewards credit card comes with a host of security features. There’s also the option to join the company’s Secure Sentinel programme, which adds further protection should your Visa or Amex get stolen.

There’s no waiting around to find out if your application has been accepted. ANZ will give you a 60 second response if you apply for the card online.

Cons

Annual management fees are relatively low and adding extra account holders is cheap, but if you want to upgrade from the basic features then expect to pay extra. If you want extra security or perhaps want to benefit from the ANZ car hire scheme, then consider the ANZ Rewards Platinum credit card that has these added features built into the overall cost.

Conclusion

Perfect for frequent shoppers, the ANZ Rewards card is simple to use and redeeming gifts is a breeze. With a small annual management fee of $89 p.a. and an automatic minimum $1,000 credit limit, the card is ideal for anyone looking for their first credit card. Applying takes a matter of minutes and you’ll get a response back within 60 seconds as to whether you are successful or not.