ANZ Rewards Platinum Credit Card

• Earn 3 Reward Points for every $1 spent on purchases using your ANZ Rewards Platinum American Express card
• Earn 1.5 Reward Points for every $1 spent on purchases using your ANZ Rewards Visa Platinum card
• Redeem Points for a huge selection of rewards including Shopping Vouchers, Gift Cards, Merchandise, Flights, Cash Back and much, much more.
• No points capping.
• Overseas Travel and Medical Insurance.
• ANZ Car Rental Cover.
• Extended Warranty and 90-day Purchase Security Insurance.
• Commission-free travellers cheques through ANZ Branches in Australia.
• Get a response in 60 seconds.
• Apply before 12nd June 2012.
• Read the terms and conditions

• Comprehensive rewards program with high earn rate and no capping
• Free international travel and medical insurance
• ANZ Car Rental insurance included
• Relatively cheap $149 p.a. annual fee
• Approval within 60 seconds of applying online
• $50,000 required as minimum income

How does the ANZ Rewards Platinum 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 Platinum Credit Card	19.89%	20.99%	$149	-%	- months
	The Average Credit Card	17.17%	21.04%	$95	3.04%	7 months

The ANZ Rewards Platinum account comes with not 1, but 2 credit cards so you can earn rewards faster than ever before. The Visa and American Express cards aren’t just rewarding, but easy to manage too! They can both be handled under one shared account, and don’t worry about costs either as there is only one annual fee to pay.

Pros

The ANZ Rewards Platinum credit card offers members 1.5 points for every $1 spent, but that’s not all, if you use the AMEX card you will earn 3 points for every dollar spent. Redeeming points is just as easy as collecting them – you can choose from a range of different rewards from electronics to holidays and frequent flyer points to hotel stays. For example, 60,000 points could see you receiving a free, top of the range HD flat screen television! The ANZ Rewards Platinum card also comes with free travel and medical insurance and complimentary ANZ hire car cover. Payment protection is impressive too. The account comes with 90 day purchase security insurance and an extended warranty offer whereby ANZ will double the manufacturers original warranty by up to 12 months!

Cons

Although the card does offer free flight rewards, their point requirements are fairly hefty. If you’re looking for a card that rewards you with frequent flyer points, it’s probably a good idea to compare this offer with other dedicated frequent flyer reward cards on the market if that’s what you intend to save up for.

Conclusion

The ANZ Rewards Platinum credit card offers all the benefits of owning two credit cards, without the hassle. Collecting points is easy and with the combined Visa and American Express card, you will struggle to find a retail outlet where you can’t use your account to make a purchase. The reward scheme is varied with plenty of products and services to choose from, so you won’t be railroaded into redeeming your points for a service or product you aren’t really interested in. And thanks to ANZ’s flexible approach, you can combine your accumulated points with cash if you can’t wait for that latest gadget or holiday abroad.