ANZ is offering up to 80,000 bonus Velocity Points for new cardholders of the ANZ Rewards Platinum credit card.

The bonus is split into two batches, receive 60,000 bonus Velocity Points and $50 back to your new card when you spend $3,500 or more on eligible purchases within the first 3 months of approval, and an additional 20,00 bonus Velocity Points when you keep your card for over 15 months. Eligible purchases cover most transactions, with the normal exclusions of fees, cash, cash equivalent transactions, balance transfers and transactions for gambling or gaming.

You must also switch on and keep on auto-redemption to transfer your ANZ Reward Points to Velocity Frequent Flyer within 3 months from approval. An SMS or Email will be sent to you to enable this after you have reached the minimum spend requirement. New card. T&Cs, eligibility criteria, fees & charges apply (including annual fee, currently $149 p.a. ongoing).

If you prefer something more flexible, you could apply for the 125,000 bonus ANZ Rewards Points offer on this card here.


Digging into the details of the ANZ Rewards Platinum

The ANZ Rewards Platinum earns ANZ Rewards Points on ongoing spending, ANZ’s own rewards program. We like flexible points programs at Point Hacks – they allow you to earn points in a single program with the ability to move them to a partner program, such as Velocity Frequent Flyer.

Card Details

CardANZ Rewards Platinum
Loyalty programANZ Rewards
Points earned from spend1.5 Reward Points per $1 spent on eligible purchases up to $2,000 per statement period,
then 0.5 Reward Points per $1 you spend on eligible purchases above $2,000 per statement period . Keep on your auto redemption to transfer your ANZ Rewards Points to Velocity Points at 2 Rewards Points for 1 Velocity Points.
Included insurancesInternational Travel Insurance,
Domestic Travel Insurance,
Rental Vehicle Excess in Australia Insurance,
Extended Warranty Insurance and Purchase Protection Insurance
(PDS)
Overseas transaction fee3.5% of the converted amount
Mobile walletApple Pay, Google Pay, Samsung Pay, Fitbit Pay and Garmin Pay
Purchase rate20.99%
Cash advance rate21.99%
Interest Free days on purchasesUp to 44 days
Annual fee$149 p.a. ongoing

The ANZ Rewards Platinum has a competitive ongoing annual fee of $149, and you’ll earn 1.5 Reward Points per $1 spent on eligible purchases up to $2,000 per statement period, then 0.5 Reward Points per $1 you spend on eligible purchases above $2,000 per statement period.

If you keep auto-redemption turned on, the earn rate is equivalent to 0.75 Velocity Points per $ spent on eligible purchases. That is subject to the minimum transfer amount.

Where can I go with the points?

Here’s a quick summary of some of the best redemptions with Velocity Frequent Flyer.

Route (one-way)AirlineEconomyBusinessFirst
Sydney-MelbourneVirgin Australia7,800 pts15,500 ptsn/a
Brisbane-Cairns
Melbourne-Brisbane
Virgin Australia11,800 pts23,500 ptsn/a
Melbourne-Perth
Sydney-Fiji (Nadi)
Virgin Australia17,800 pts35,500 ptsn/a
Perth-SingaporeSingapore Airlines25,000 pts55,000 ptsn/a
Sydney-Singapore
Melbourne-Singapore
Brisbane-Singapore
Singapore Airlines29,000 pts67,000 pts95,000 pts
London-New YorkVirgin Atlantic22,300 pts49,500 ptsn/a
Sydney-Los AngelesUnited44,800 pts95,500 ptsn/a
Brisbane-VancouverAir Canada56,000 pts104,000 ptsn/a
Perth-Paris(one-stop)
Qatar Airways

Singapore Airlines
65,100 pts121,000 pts171,000 pts
Sydney-London (one-stop)Qatar Airways
Etihad
Singapore Airlines
75,000 pts139,000 pts203,000 pts

Fees, taxes and charges apply to all reward seats and may vary depending on route and airline. Virgin Australia, Qatar Airways, Etihad and Singapore Airlines reward seats have additional carrier charges, which are shown in the final price when redeeming points.

Step aboard the Qatar Airways Airbus A380 with Velocity Points.

Other benefits

ANZ Rewards Platinum also includes International and Domestic Travel Insurance, Rental Vehicle Excess in Australia Insurance, Purchase Protection Insurance and Extended Warranty Insurance, click the link to read the PDS. Along with up to 9 additional cardholders ($65 p.a. per additional cardholder).

This guide references some of the benefits of insurance policies provided with this card. You should read the PDS and obtain independent professional advice before obtaining this product.

Apple Pay, Google Pay and Samsung Pay support with ANZ

ANZ cards support Apple Pay, Google Pay and Samsung Pay, meaning you can use their cards on your smartphone for easier payments. Find out more in our guides for each of the compatible services.

Apple Pay Australian Banks | Point Hacks

Card eligibility criteria

These are the minimum requirements to be eligible to apply for this Card. Other additional eligibility criteria, such as proof of income, will generally be required later on.

  • Be 18 years old of age or over, and;
  • Be a permanent Australian resident or a non-permanent resident with more than 12 months remaining on your visa
  • Ensure if applying for this offer, you don’t currently hold and haven’t held an ANZ Frequent Flyer or ANZ Rewards credit card in the last 24 months and meet all other offer eligibility criteria.

Summing up: ANZ Rewards Platinum

The ANZ Rewards Platinum is the middle-ground on ANZ’s Rewards cards range, offering almost all the features of the ANZ Rewards Black but with a lower earn rate, points cap and annual fee.

Up to 80,000 bonus Velocity Points + $50 back with the ANZ Rewards Platinum Credit Card was last modified: June 25th, 2025 by Daniel Sciberras