The ANZ Rewards Black Credit Card is designed for those who want to maximize their spending through a premium rewards program. With the highest earn rates in the ANZ Rewards lineup, this card offers generous bonus points and exclusive benefits that cater to frequent travelers and everyday spenders alike.
By providing up to 55 interest-free days on purchases, complimentary travel insurance, and the ability to earn points on every dollar spent, the ANZ Rewards Black Credit Card stands out as an ideal choice for anyone looking to enhance their financial flexibility while enjoying rich rewards.
Why Should I Get an ANZ Rewards Black Credit Card?
High Earn Rate on Rewards
The ANZ Rewards Black Card features an impressive earn rate of 2 ANZ Reward Points for every dollar spent on eligible purchases up to $5,000 per statement period, and 1 point for every dollar spent beyond that threshold. This structure allows cardholders to accumulate points rapidly, making it particularly beneficial for those with significant monthly expenses.
Attractive Sign-Up Bonus
New cardholders can enjoy a substantial sign-up bonus of 180,000 ANZ Reward Points when they spend $3,000 on eligible purchases within the first three months. This bonus is equivalent to around $800 in gift cards or can be converted into frequent flyer points with various airline partners, adding immediate value upon approval.
Comprehensive Insurance Benefits
The card comes with a suite of complimentary insurances, including International Travel Insurance, Domestic Travel Insurance, Rental Vehicle Excess Insurance, and Purchase Protection Insurance. These protections provide peace of mind for travelers and everyday shoppers alike, ensuring coverage against unforeseen events.
Flexible Redemption Options
Cardholders have the flexibility to redeem their points for a variety of rewards, such as travel bookings, gift cards from popular retailers, or even converting them into Velocity Points or KrisFlyer miles. This versatility allows users to tailor their rewards to suit their preferences and lifestyle.
Pros and Cons of ANZ Rewards Black Credit Card
| Pros | Cons |
|---|---|
| High earn rate on reward points | Annual fee of $375 |
| 180,000 bonus points for new cardholders | Requires $3,000 spend in first 3 months |
| Comprehensive travel and purchase insurance | Higher interest rates on cash advances |
| Flexible redemption options | Minimum credit limit requirement of $15,000 |
Fees and Interest Associated with ANZ Rewards Black Credit Card
| Fee Type | Amount |
|---|---|
| Annual Fee | $375 |
| Interest Rate on Purchases | 20.99% p.a. |
| Interest Rate on Cash Advances | 21.99% p.a. |
| Cash Advance Fee | 3% (minimum $3, maximum $20) |
| International Transaction Fee | 3% of the transaction |
| Minimum Credit Limit | $15,000 |
How to Apply for an ANZ Rewards Black Credit Card?
The application process is designed to be user-friendly and efficient, allowing you to focus on your financial goals while ANZ handles your credit card application.
- Gather Required Documents: Prepare your financial information, including income statements and proof of identity.
- Visit the ANZ Website: Navigate to the ANZ website and find ANZ Rewards Black Credit page.
- Start the Application: Click on the ‘Apply Online’ button to begin your application.
- Complete the Application Form: Fill out all required fields accurately.
- Submit Your Application: Review your application before submitting it for processing.
- Await Approval: ANZ will review your application and notify you of the outcome within a few business days.
Eligibility Criteria
To apply for the ANZ Rewards Black Card, you must meet the following criteria:
- Be at least 18 years old
- Be an Australian citizen or permanent resident, or hold a valid visa with more than 12 months remaining
- Have a good credit rating and stable income
The Final Words
The ANZ Rewards Black Credit Card is an excellent choice for those looking to earn high rewards. With its attractive sign-up bonus and flexible redemption options, this card provides substantial value for both everyday spending and travel needs.