ANZ Frequent Flyer Credit Card | Compare, Review & Apply

ANZ Frequent Flyer Credit Card

My monthly spend: 
Card features
Rewards program
Earn rate
Sign up bonus
Points earned
ANZ Frequent Flyer Credit Card
25,000 bonus Qantas points when you spend $1,000 on eligible purchases in the first 3 months.
Complimentary Qantas Frequent Flyer membership.
Eligibility criteria, T&Cs, fees and charges apply.
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Qantas Frequent Flyer
Qantas Frequent Flyer
0.5 pts
per $1 spent
up to $500
then 0.25 pts
Above $500
More info

Pros & cons

What's good?

What's not so good?

25,000 bonus Qantas points when you spend $1,000 on eligible purchases in the first 3 months.
Earn 0.5 Qantas Points per $1 spent on eligible purchases up to $500 per statement period.
Complimentary Qantas Frequent Flyer membership saving you $99.50 if you aren’t already a member.
Instant response within 60 seconds of application.
Google Pay™, Samsung Pay™ and Apple Pay let you use your compatible Android or Apple device to tap and pay.
0.25 Qantas Points per $1 spent on eligible purchases above $500 per statement period.
No special balance transfer offer for this card.
Disclaimer: Reviews rely upon third party information that may not be correct or may be changed without Credit Card Compare’s knowledge. You must carefully consider your own circumstances before making any commitments and confirm all offers and terms with credit card providers before accepting them. Please refer to our T&Cs for more.

Our review

Our review of the ANZ Frequent Flyer Credit CardReviewed by Yvonne Taylor

It’s all about the points, and only about the points, and that’s good news for dedicated Qantas Frequent Flyer points collectors who are sick of paying for bells and whistles they neither need nor want. The ANZ Frequent Flyer Credit Card lives up to its name, delivering Qantas points and little else, and in the process presenting one of the lowest annual fees for a rewards program card.

Low annual fee for a Qantas points card

The very reasonable $95 annual fee has two components – a basic fee of $40 plus a rewards program service fee of $55. Plus you can have up to three supplementary cardholders to help you earn those valuable points. All good news so far. Unfortunately, you’ll pay $65 ($10 + $55) for each and every additional card as well as the $95 for your own, so you need to be pretty sure your partner/child/parent is going to earn enough points to offset the steep cost. Even at an optimistic value of 1.5 cents per Qantas Frequent Flyer point, each supplementary cardholder needs to spend $4,333 per year before they enter positive territory.

Most cards – even rewards cards – don’t charge for additional cardholders, so ANZ is going out on a limb with this high charge.

Big points boost to get you started

Even if you do need at least one supplementary card, the cost is more than covered in the first year by the 25,000 Qantas Frequent Flyer bonus points you’ll receive, provided you spend at least $1,000 using the card during the first three months. You could use the 25,000 points for three one-way economy flights between Sydney and Melbourne. You’ll need to be a new ANZ cardholder to qualify for the bonus points, not just switching from another ANZ card.

Complimentary Qantas Frequent Flyer membership

Qantas charge an $99.50 joining fee for new entrants to their frequent flyer program, but ANZ will pay this fee on behalf of a cardholder who is not already a member.

Reasonable points earning rate for a Visa card, but it’s capped

It’s a recognised fact that Visa cards don’t earn rewards points at the same rate as AmEx cards, and this is a Visa card. The 0.5 points per dollar earning rate is also not as high as the scale offered by the ANZ Frequent Flyer Platinum and Black credit cards, but it’s realistic given the much lower annual fee for this card.

Unfortunately, there’s a very low $500 monthly points cap, after which the rate falls to a disappointing 0.25 points per dollar. The fact that the minimum credit limit of $1,000 is double the amount of the cap makes it seem even more restrictive.

Bonus partner points

The fact that ANZ has organised a number of bonus point partners takes some of the sting out of the low cap. When you use your card to make purchases from these businesses you get additional points per dollar. This is on top of the standard 0.5 points automatically earned. The bonus partners include Qantas, where you’ll earn an extra 1.0 points per dollar spent on Qantas flights, Qantas holidays and Qantas Frequent Flyer and Qantas Club membership.

There are other bonus partners, which change from time to time, and ANZ will inform you who these partners are and keep you up-to-date as they change. These bonus points are uncapped. You can still earn them when you have exceeded the monthly spend cap for regular purchases.

Standard interest rates

It’s a frequent flyer points card, front and centre, so there are no special interest rates or other financial inducements. There are up to 55 interest-free days on purchases each month but there’s no introductory interest-free purchase period or interest-free balance transfer option.

If you don’t pay off your purchase balance in full each month you’ll lose your interest-free days and start paying interest on the daily balance at 20.24 percent p.a. That’s a fairly typical credit card rate, and so is the 20.24 percent p.a. on cash advances.

Up-to-the-minute technology and security

ANZ Visa cardholders can take advantage of ANZ Visa payWave to make contactless purchases without a PIN for amounts under $100. ANZ’s goMoney app provides a way to manage your card account on your iPhone or Android. The card is also eligible for use with Apple Pay, Google Pay, Samsung Pay and ANZ Mobile Pay, to allow you to tap and pay securely with your smartphone or other mobile devices instead of using your card.

ANZ Falcon monitoring offers constant protection against potentially fraudulent transactions, and worldwide emergency card replacement lets you travel with confidence.

Visa Entertainment is the only complimentary benefit

The card comes with Visa Entertainment membership, giving you access to special events, entertainment packages and pre-sale concert tickets.

There are no complimentary travel, extended warranty or other types of insurance policy with this card.

Similar cards to consider

The Qantas American Express Discovery Credit Card offers Qantas Frequent Flyer points without charging a steep annual fee. The NAB Qantas Rewards Card has features and costs similar to this ANZ card. Compare these and other Qantas cards on our Qantas page.

A card for Qantas Frequent Flyer enthusiasts

There’s no doubt that this is an ideal card for keen Qantas points collectors with an eye for cost effectiveness and no interest in other ‘benefits’ they may not use. It’s a pared-back card with no nonsense about free insurance but tempting bonus points in the first year. However, after receiving the bonus points you’ll need to be prepared to see your points accumulate at only a moderate pace.

Disclaimer: Reviews rely upon third party information that may not be correct or may be changed without Credit Card Compare’s knowledge. You must carefully consider your own circumstances before making any commitments and confirm all offers and terms with credit card providers before accepting them. Please refer to our T&Cs for more.

User reviews

3.8 out of 5.0 based on 45 reviews82% of reviewers would recommend this card

Rates and fees
Customer service

Reviews from users

50K QFF points

Reviewed and recommended by Peter on 03 Apr 2017

This card has a very good 50K Qantas FF points opening bonus. The card’s yearly fee is quite low and it comes with a free travel insurance policy, which is a good deal for any traveller.

You get a Visa and AmEx at the same time, so you have the extra convenience of having two cards instead of one. AmEx earns more points but Visa is more widely accepted.

Qantas points continually reduced

Reviewed and not recommended by Max on 24 Sep 2016

This card is easy to use, with great functionality. Yearly fees are high, however.

Your rewards points don’t get added until three months after the goods are purchased. High fees are charged when used overseas.

It’s not worth keeping this for Qantas points any more, as ANZ is continually reducing the amount of Qantas Frequent Flyer points you can earn.

Good rewards but high fees.

Reviewed and not recommended by Tracy on 23 Aug 2016

1 point for every $2 spent, yearly fees over $100, and a short interest-free period. There are better rewards cards out there. The statements are mailed really late so it’s easy to miss a payment, and their online banking is difficult to set up. I think for the yearly fee there are better deals available.

This card suits me

Reviewed and recommended by Jess on 19 Aug 2016

I have had this card for over 10 years and it works for me. I have accumulated sufficient points for several Aussie adventures. It has never been refused on overseas trips or here in Australia. Replacement when lost was easy and quick.

I am considering looking around to see if I can find a better deal which will give me at least 1 point for every dollar spent instead of the 1 point for each $2 spent, but I still want it to be a Qantas rather than Virgin-linked card.

I pay the balance each month so the interest rate is of lesser importance, though certainly it is unreasonably high.

You can have your cake and eat it too

Reviewed and recommended by Anita on 15 Aug 2016

ANZ Frequent Flyer allows you to live your life comfortably. Don’t dream of flying away from your bad credit and debts. Live grounded with ANZ, a big bank that allows you to dream big without compromising on essentials. Live a little, frequently.

ANZ has conveniently located ATM machines, branches and internet availability.

ANZ Qantas reward points, love it!

Reviewed and recommended by Chih chi on 23 Jul 2016

Getting Qantas reward points is really good, and there’s no annual fee (for the first year)! It’s an excellent idea to have this credit card, to have rewards for life and enjoy everyday shopping, spending and earning. Good spending, good credit card and good rewards. I love to see the points accumulating.

Fees for reward program

Reviewed and recommended by Yvonne on 07 Jul 2016

Good card, secure, but fees for rewards program are quite high. ANZ is a good bank to bank with, and I do value the security and trust I have with the bank. I like to keep all of my accounts in the one place and have them conveniently linked together.

Getting closer to a holiday on points

Reviewed and recommended by Shaun on 07 Jul 2016

I feel that this credit card is really good and does what I need. It allows me to accumulate frequent flyer points, so I am closer to going on a holiday in the sun away from the cold this winter. The travel insurance that comes with it saves me heaps of money as well.

Suited when our mortgage was with ANZ. Not now!

Reviewed and not recommended by Sarsar1 on 05 Jul 2016

We paid no, or very little, fees for years. Now that our mortgage is with another bank, they just took $500 worth of fees without warning or contacting us to see if we were happy, or could be on a different setup. I will be looking at changing the balance over to a different company with lower fees in the near future.

Fly sooner, but at a cost

Reviewed and not recommended by Philip on 02 Jul 2016

The whole reason for getting this particular ANZ credit card was always to collect Qantas Frequent Flyer points from everyday usage e.g. everyday purchases, bills, etc. However, as with most cards the value of the rewards have deteriorated and the cost of maintaining the card has increased since getting it.

Show 35 more reviews
Disclaimer: The opinions expressed about credit cards are the reviewer's alone, and do not reflect the views of Credit Card Compare or the credit card issuer. Reviews have not been approved or otherwise endorsed by Credit Card Compare.

The basics

About this card

Card setup
Card tier
Card type
Card use
Credit rating
Gambling transactions allowed
Joint application
Minimum age
18 years old
Minimum income
Minimum income for pensioners
Rewards program
Qantas Frequent Flyer
Non-Permanent Australian residents


Additional cardholders
Additional card fee
$65 p.a.

Credit limits

Minimum credit limit
Maximum credit limit


Interest charged from
Purchase date
Interest free period
Up to 55 days on purchases
Minimum repayment
whichever is greater, $25 or 2%

Rates & fees

Ongoing interest rates

Cash advances 1.69% 20.24% p.a.
Purchases 1.69% 20.24% p.a.


Annual fee
$95 p.a.
Cash advance fee
Dishonour fee
Duplicate statement fee
Foreign exchange fee
Late payment fee
Over limit fee
Overseas ATM balance fee
Overseas ATM withdrawal fee
Overseas emergency card replacement fee
Transaction verification fee

Rewards & points

Cool stuff you can get with your points

Disclaimer: Points required accurate as of the 31st March 2018.

Earn rates

Spend typeSpend
Airline spend
Up to $500
0.5 pts per $1 spent
Above $500
0.25 pts per $1 spent
Points capunlimited

Rewards program basics

Reward points expiry
Never as long as you keep your account active
Rewards program
Qantas Frequent Flyer
Sign up bonus
25,000 points
Spend required for bonus points
$1,000 on eligible purchases in the first 3 months

Earning points with this card

Frequent flyer points
0.5 pts per $1 spent up to $500 then 0.25 pts per $1 spent Above $500
Overseas earn rate
Same as standard earn rate
Points cap per month
Points cap per year
Points earned on ATO payments
Reward points

Additional benefits

Airport lounge access
Complimentary flight voucher
Concierge service

Minimum criteria for this card

What you need before applying

Be over 18 years old
You are a resident or citizen of Australia
Have a good credit history
You have your personal details ready to complete the online application
Have not applied for multiple credit cards recently
Non-permanent resident with more than 9 months remaining on your Visa
Age Pension, Disability Pension and Veteran's Pension are acceptable.
Carer's Allowance, Child Support Payments and Family Tax Benefits and Parenting Payments are acceptable.
Joint applications are not allowed
Overseas Pension and Widower's Pension are not acceptable.
Austudy, Foster Care Allowance and Youth Allowance are not acceptable.
Disclaimer: The minimum criteria are intended only to be a guide. Your application may still be rejected by the bank even if you can answer 'Yes' to all the minimum criteria. The final decision regarding your application is up to the bank.

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People are happy
Rated 4.8 out of 5 for customer satisfaction.
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