ANZ Platinum Credit Card

On ANZ's website

ANZ Platinum Credit Card

3.1

Balance transfer

N/A

Purchase rate

20.99% p.a. ongoing

Interest-free days

Up to 55 days on purchases

Annual fee

$0.00 for 1st year

Highlights

  • Receive $300 cashback upon spending $1,500 on eligible purchases within the initial 3 months after approval. Terms and Conditions apply.
  • Enjoy up to 55 days interest-free on purchases by paying your account in full each month.
  • No annual fee for the first year. Subsequently, a standard annual fee of $87 p.a. applies.

Pros and cons

Pros

  • Earn a $300 cashback when you meet the spend criteria.
  • $0 annual fee in the first year, $87 p.a. thereafter (terms and conditions apply).
  • Comes with Personal Concierge service,
  • Complimentary insurance covers include international travel insurance, purchase protection insurance, and extended warranty insurance.

Cons

  • There is no rewards program on this card.
  • No balance transfer offer.

About this credit card

Basics

Card usage

Apple Pay Enabled
Yes
Card Type
Visa
Gambling Transactions Allowed
No
Samsung Pay Enabled
Yes

Eligibility

Joint Application Accepted
No
Minimum Age
18 years
Minimum Credit Rating
Good, Very Good, Excellent
Minimum Income
N/A
Temporary Residents Accepted
Yes

Additional cardholders

Additional Cardholders
9
Additional Card Fee Ongoing
$0.00

Credit limits

Minimum Credit Limit
$6,000.00
Maximum Credit Limit
N/A

Repayments

Interest Charged From
Purchase date
Interest Free Period
Up to 55 days on purchases
Minimum Repayment Percentage
2%

Balance transfers

Balance transfer offer

Balance Transfer Rate
21.99%
Balance Transfer Period
N/A
Balance Transfer Fee Percentage
N/A

Balance transfer conditions

Balance Transfer From Personal Loan
N/A
Balance Transfer Limit Percentage
N/A
Balance Transfer Revert Rate
N/A

Rates, fees, charges

Cash advances

Cash Advance Rate
21.99% p.a.
Cash Advance Fee
$4.00
Cash Advance Fee Percentage
3%
Cash Advance Fee Threshold
N/A

Purchases

Purchase Rate Introductory Offer
N/A
Purchase Rate Introductory Period
N/A
Purchase Rate Ongoing
20.99% p.a.

Account fees

Annual Fee Initial Year
$0.00
Annual Fee Ongoing
$87.00
Dishonour Fee
$6.00
Duplicate Statement Fee
$0.00
Foreign Exchange Fee Percentage
3%
Late Payment Fee
$20.00

Rewards

Rewards program basics

Rewards Program
N/A
Rewards Program Annual Fee Initial Year
N/A
Rewards Points Expiry
N/A

Rewards points per $1 spent

Domestic Rewards Points Earn Rate
N/A
Government Rewards Points Earn Rate
N/A
Overseas Rewards Points Earn Rate
N/A

Additional perks

Insurance

Cardholder's Domestic Hotel Burglary Insurance
No
Cardholder's Extended Warranty Insurance
Yes
Cardholder's International Travel Insurance
Yes
Cardholder's Interstate Flight Inconvenience
No
Cardholder's Personal Item Theft Cover
Yes
Cardholder's Price Protection Insurance
No
Cardholder's Purchase Protection Insurance
Yes
Cardholder's Refund Protection
No
Cardholder's Transport Accident Insurance
No

Travel and lifestyle

Airport Lounge Access Included
No
Concierge Service Included
Yes
Complimentary Flight Voucher Included
No
Complimentary QFF Membership Included
No

Our review

Convenience

Customer service

Rates and fees

Rewards

Trust

The basics

  • Additional cardholders. Share your account with up to 9 additional friends and family for free. The account holder will be responsible for managing the account, including repayments.
  • Digital wallets. You can use this card with all the major digital wallets including Apple Pay, Google Pay, and Samsung Pay. Wearables such as those from Fitbit and Garmin are also supported.
  • Gambling transactions. The ANZ Platinum Credit Card can be used for gambling purchases.

Rewards and benefits

  • Complimentary travel insurance. The ANZ Platinum Credit Card has complimentary international travel insurance. Cover will be active when the card has been used to purchase travel expenses related to your trip prior to departure. Eligibility criteria apply.
  • Concierge services. Comes with access to the 24 / 7 ANZ Concierge for help with restaurant or hotel bookings, gift ideas, travel recommendations, price comparison, and many other tasks.
  • Insurances. The ANZ Platinum Credit Card comes with extended warranty insurance, interstate flight inconvenience insurance, price protection insurance, purchase protection insurance, rental vehicle excess insurance inside Australia, and transport accident insurance.
  • Rewards points. This credit card does not have a rewards program, although you can link your card with Cashrewards Max to earn cashback with partner stores online and in-store.
  • Sign-up bonus. When you apply for a new ANZ Platinum Credit Card, you can earn $300 cashback when you spend $1,500 on eligible purchases in the first 3 months from approval.

Rates and fees

  • Annual fee. This card has no annual fee in the first year, reverting to $87 p.a. thereafter. However, the annual fee will be waived if you use the card for $2,000 in eligible spend over 12 months.
  • Balance transfers. This card has no introductory balance transfer offer. If you want to consolidate your debts, consider a credit card with a balance transfer.
  • Cash advances. If you use this card for a cash advance, you will be charged interest at the rate of 21.99% p.a. with interest accruing immediately from the date of the transaction. ANZ will also apply a fee to process the cash advance.
  • Foreign exchange fee. Any transactions made in a foreign currency when shopping online or while overseas will attract a 3% fee.
  • Interest-free period. The ANZ Platinum Credit Card has up to 55 days interest-free on purchases when you have paid off your previous balance in full. Note that there is no interest-free period on cash advances.
  • Purchases. There is no ongoing introductory purchase rate on this card right now, all eligible transactions will attract the standard interest rate of 20.99% p.a.

account

Reviewed by Credit Card Compare Staff

History

    User reviews

    Convenience

    Customer service

    Rates and fees

    Rewards

    Trust

    Best credit card I've had so far

    Reviewed by Jenny


    Best deal in town

    Reviewed by Kevin


    Worst banking experience of my life

    Reviewed by Rochelle


    Happy with this card!

    Reviewed by Shane


    Extremely helpful bank with excellent service

    Reviewed by John


    No Problems with ANZ

    Reviewed by soninicole


    Excellence for trust

    Reviewed by Michelle Smith


    A bit high in fees

    Reviewed by Steph


    Very pleased with this convenient card

    Reviewed by Suzanne Baker


    Decent simple credit card

    Reviewed by Gregory


    Mandatory with package

    Reviewed by Kylie


    Got extra rewards

    Reviewed by Deepakraj


    Worth the money?

    Reviewed by Jan


    Had a year interest-free on balance transfer

    Reviewed by Maureen


    No rewards program

    Reviewed by Amit


    Great for travelling

    Reviewed by Jason


    Excellent rewards program

    Reviewed by Bernd


    Cumbersome approval process if you're self-funded

    Reviewed by Carmel


    Convenience and rewards

    Reviewed by Frank


    Meets all my needs

    Reviewed by Charlotte


    Amazing card, looks good

    Reviewed by Sukh


    Check the frequent flyer points conversion rate

    Reviewed by Paul


    Good perks, $250 voucher and no fee first year

    Reviewed by Leah


    Low rate, balance transfer option, customer focus

    Reviewed by Nancy


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    As seen on

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