ANZ - Rewards Black Credit Card
The ANZ Rewards Black credit card has an earning rate of 2 points per $1 spent on eligible purchases up to and including $5,000 per statement period, then 1 point per $1 spent on eligible purchases over $5,000 per statement period. The points can be redeemed for digital gift cards, ANZ Cashback and airline partner points.
Up to 9 additional cardholders are available for a fee of $65 each.
An annual fee of $375 and earn 2 ANZ Reward Points for every $1 spent on eligible purchases up to and including $5,000 per statement period. For more information, visit the ANZ official website - T&Cs apply.
Cash Advance Rate
23.49% p.a.
Purchase Rate
22.49% p.a.
Interest Free Period
up to 44 days
Rewards Rate One
2 point(s) per AUD$1 On spent on eligible purchases up to and including $5,000 per statement period
Details
Card Type
Visa
Minimum Repayment
2% or $25
per statement, whichever is greater
Interest Free Period
up to 44
days
Minimum Credit Limit
$15,000
Fees
Annual Fee
$375
per year
Late Payment Fee
$20
per statement
Cash Advance Fee
3% or $20
per transaction, whichever is greater
Additional Card Holder Fee
$65
per year
Additional Card Holder Cap
up to 9
additional holders
Rates
Purchase Rate
22.49% p.a.
Cash Advance Rate
23.49% p.a.
Balance Transfer
Balance Transfer
23.49% p.a.
Balance Transfer Limit
95%
of credit limit
Overseas Spending
Foreign Currency Conversion Fee
3.50%
per transaction
Eligibility
Minimum Age
18
years old
Temporary Residents
Yes
Rewards
Program
ANZ Rewards
Types
Digital gift cards, ANZ Cashback, Airline partner points
Reward Rates
Rewards Rate One
2 point(s) per AUD$1
On spent on eligible purchases up to and including $5,000 per statement period
Rewards Rate Two
1 point(s) per AUD$1
On spent on eligible purchases over $5,000 per statement period
Perks
Complimentary Travel Insurance
Yes
Airport Lounge Access
No
Who is the product designed for?
The customers of this target market are likely to have the following objectives, needs and financial situation for this product:-
ANZ Rewards cards have been designed for individual customers who:
- Require a credit card facility (being a line of credit) to make purchases or perform other transactions regularly
- Are unlikely to carry a substantial balance frequently from month to month
- Want or value the ability to earn ANZ Reward Points on eligible purchases with access to other applicable benefits
- Want a credit card facility with a credit limit of at least $6,000 or $15,000 having regard to card features and benefits
- Can satisfactorily demonstrate they are able to afford to repay the credit card facility.
Visit ANZ to view Target Market Determination Effective From: 2024-11-01.
