ANZ Frequent Flyer Platinum: Earn Points While Paying for Education

If you’re looking for a card that combines airline rewards with useful protections and access to one of Australia’s best rewards programs, this is one option worth checking out. Without further ado, let’s get straight to the point.

Why we recommend the ANZ Frequent Flyer Platinum card

Recommending the ANZ Frequent Flyer Platinum is easy for those who know what to look for in a high-performance credit card. It is aimed at consumers who:

• They want to accumulate points consistently on everyday purchases;

• Want to use points on airline tickets, upgrades and services from Qantas and partners;

• They are looking for real travel insurance benefits, without having to purchase separate services;

• They look for a card with a robust initial bonus to maximize earnings in the first few months.

The card offers a complete package for those who love to travel and don’t want to worry about taking out separate insurance or missing out on opportunities to accumulate points. It’s tailor-made for those who know how to use cards strategically.

What can I use the ANZ Frequent Flyer Platinum card for?

This card is quite versatile and meets a variety of needs, especially for those with a consumption profile focused on rewards and travel. Let’s detail its main uses.

Earning Qantas Points

One of the biggest attractions is the points accumulation system. With it, you can:

• Earn 0.75 Qantas Points for every dollar spent on purchases up to AUD 3000 per billing cycle;

• Earn 0.5 Qantas Points for every dollar spent above this amount.

These points are accumulated automatically and can be exchanged for tickets, upgrades or products in the Qantas Store.

Travel benefits

In addition to points, the card includes important benefits for frequent travelers, such as:

• Free international travel insurance, covering unforeseen events such as medical expenses and cancellations;

• Excess excess cover for car rental in Australia;

• Purchase protection insurance and extended warranty for products purchased with the card.

Simply pay for part of your trip with your card to qualify for these protections.

Shopping and daily expenses

Despite its focus on travel, it’s also great for everyday use:

• Shopping in supermarkets, pharmacies, restaurants and clothing stores;

• Payment of utility bills such as water, electricity and internet;

• Subscription to streaming and subscription services;

• Hotel reservations, car rentals and payment for tours.

Anything considered an eligible purchase generates points in the Qantas program.

Sign-up bonus

Anyone who requests the card and meets the spending conditions in the first three months will receive:

• 75,000 bonus Qantas Points;

• AUD 100 invoice credit.

This is already a great initial boost for those who intend to travel or exchange points for products or services.

The ANZ Frequent Flyer Platinum is a card designed for those who want to maximize their spending benefits, with a special focus on travel. Accumulating points consistently, offering useful insurance and an aggressive initial bonus offer, it is a solid choice for those who value practical rewards. It combines the ability to protect your travel, reward your purchases and also provide ease of managing day-to-day expenses.

On the other hand, it requires financial responsibility, as the interest rate is high if you carry a balance, and the annual fee needs to be offset by frequent use of the card.

Advantages and disadvantages of the card

No product is perfect and this will be no different. Let’s take a cool-headed look at what the card offers that is good and bad.

Advantages of the ANZ Frequent Flyer Platinum Card

• Consistent accumulation of points in the Qantas program, with automatic transfers;

• Unlimited points, with no monthly limit on what can be accumulated;

• Initial bonus of 75,000 Qantas Points and AUD 100 cashback;

• Free and comprehensive travel insurance, valid for international and domestic travel;

• Car rental insurance coverage within Australia;

• Purchase protection and extended warranty for goods purchased with the card;

• Card accepted in millions of establishments worldwide, as it is a Visa card;

• ANZ app for full control of spending, card blocking and financial management.

Disadvantages of the ANZ Frequent Flyer Platinum Card

• High annual fee of AUD 295, which needs to be justified by frequent and strategic use;

• High interest rate in case of non-payment of the invoice in full;

• Specific rules for activating travel insurance, such as paying part of the ticket with the card;

• Lower points accumulation on spends over AUD 3000 per billing cycle;

• Initial offer of points is conditional on a minimum spend in three months, which may not be easy for everyone.

How is the credit analysis done on ANZ Frequent Flyer Platinum?

Card approval is subject to a rigorous analysis, as it is a premium product. Be prepared to face a rigorous assessment that includes:

• Checking your credit history to verify punctuality in paying previous debts;

• Assessment of payment capacity based on declared and proven income;

• Analysis of the income commitment index, considering debts and other financial commitments;

• Verification of employment and financial stability;

• Confirmation of permanent residency in Australia.

Even if you meet all the basic requirements, the final decision is made by ANZ based on its risk model. If you have multiple cards, active loans or a recent history of defaulting on payments, your chances of being rejected increase.

Is there a maximum and minimum value for the ANZ Frequent Flyer Platinum card?

When applying for ANZ Frequent Flyer Platinum, there are limits that define the initial credit amount:

• The minimum limit is AUD 6000;

• The maximum limit depends on your credit profile, payment capacity and financial history.

The bank does not disclose a fixed maximum limit, as each customer is assessed individually. Customers with high purchasing power and a solid credit history are granted quite generous limits, while more conservative profiles may receive more modest limits.

If you need to increase the limit later, you can request it, but it will also be subject to a new credit analysis.

Want to apply? Learn how to get the ANZ Frequent Flyer Platinum card right here!

If you’ve decided that ANZ Frequent Flyer Platinum is what you need to improve your travel and finances, follow these steps below.