Best ANZ credit card for Qantas points in Australia: Features, fees, and perks

If you’re a Qantas Frequent Flyer member, using the right credit card can help you rack up points faster and unlock travel perks sooner. ANZ is one bank that offers a range of Qantas rewards-linked credit cards, through which you can earn Qantas Points on everyday purchases.

In this guide, we’ll explain how using ANZ credit cards can earn you Qantas Points, what to look for when comparing the options, and how to choose a card that suits your spending style and travel goals. You can also learn more about the Wise card, an easy way to stretch your dollars when paying in foreign currencies.

What is an ANZ credit card for Qantas points?

The ANZ Frequent Flyer credit cards are co-branded cards that allow customers to earn Qantas Points from eligible purchases.¹ At the moment, there are three of these on offer:

• ANZ Frequent Flyer Black credit card
• ANZ Frequent Flyer Platinum credit card
• ANZ Qantas Business Rewards card

Current Qantas members can link their accounts to the ANZ credit card, while new members are offered a complimentary Qantas Frequent Flyer membership when their card application is approved.

Qantas points are credited to your Qantas Frequent Flyer account each month, and you can redeem them on the Qantas website for various rewards, including:²

• Fuel and cars
• Hotels and travel
• Food and wine
• Health, leisure and entertainment
• Insurance
• Flights
• Shopping

It’s also possible to transfer your points to eligible family members or pay for things with a combination of points and cash.

What to consider when choosing an ANZ card for Qantas Points

Not all ANZ Qantas credit cards are the same, so comparing the features and costs can help you find the best value for your personal situation. Here are some of the main factors to keep in mind:

• Earn rate - Find out how many Qantas Points you earn per dollar so that you can estimate potential rewards.
• Sign-up bonus - Check what each card offers and the conditions, then consider how easy it would be for you to get the bonus.
• Annual fee - Compare the annual fees against an estimate of the card’s value and any associated benefits.
• Eligibility - Assess the eligibility criteria and determine whether you can meet them.

At the end of the day, you want to make the best decision for you, based on your spending and travel habits.

ANZ credit card for Qantas points in Australia

Let’s consider how the three ANZ Frequent Flyer credit cards compare.

ANZ Frequent Flyer Black credit card

The ANZ Frequent Flyer Black boasts the highest Qantas Points earning rate of any ANZ credit card.³ Perks include complimentary travel insurance, two complimentary Qantas Club invitations per year, Cashrewards and opportunities to earn bonus points. Bonus points include 90,000 Qantas Points and $200 back when $5000 is spent on eligible purchases within 3 months of approval & an additional 40,000 points when the card is kept for more than 12 months.

To apply for the credit card, you must meet the following conditions. You must:

• Be 18 or older
• Be An Australian or New Zealand citizen, an Australian permanent resident, or you must have 12+ months remaining on your visa.
• Have good credit
• Have had no other ANZ Frequent Flyer or ANZ Rewards credit card in the last 24 months

Here are some of the key fees, limits and interest rates to be aware of:

• Annual fee - $425
• Interest rate - 20.99% pa
• Cash advance rate - 21.99% pa
• Minimum credit limit - $15,000

The ANZ Frequent Flyer Black credit card may be handy for people who travel and spend often. They could use it to offset the high joining fee, while enjoying the travel-related perks and points earned.

ANZ Frequent Flyer Platinum credit card

The ANZ Frequent Flyer Platinum credit card shares many perks with the ANZ Frequent Flyer Black, but it’s cheaper, earns fewer points, and doesn’t offer Qantas Club benefits.¹

To apply for an ANZ Frequent Flyer Platinum credit card, you must meet the same eligibility criteria as the ANZ Frequent Flyer Black card. You can also get 75,000 bonus Qantas Points and $100 back when $2500 is spent on eligible purchases within 3 months of approval.

If you’re interested in getting the credit card, these are some of the key fees, limits and interest rates to know:

• Annual fee - $295
• Interest rate - 20.99% pa
• Cash advance rate - 21.99% pa
• Minimum credit limit - $6000

The ANZ Frequent Flyer Platinum credit card might be the better choice for people who don’t travel as often, but would like to earn Qantas points on their spending, as the lower fee and lower minimum balance could make it more manageable.

ANZ Qantas Business Rewards card

For small to medium businesses, there is the ANZ Qantas Business Rewards credit card.⁴ With it, you can earn Qantas points on business spending, with all points being credited to the Principal Cardholder. You can get 100,000 Qantas Points as a sign-up bonus when $6000 is spent on eligible purchases within 3 months of approval and additional 50,000 points when the card is kept for more than 15 months.

To apply for this card, your business should have:

• Registered ABN and ACN
• 6+ months of reconciled financial data in AUD
• GST registration for annual turnover of $75,000+
• Annual turnover of less than $10,000,000

If the business is eligible, these are the fees, limits and rates to know.

• Annual fee - $300
• Interest rate - 20.24% pa
• Cash advance rate - 21.74% pa
• Minimum credit limit - $5,000

The ANZ Qantas Business Rewards credit card is suitable for small to medium-sized businesses that frequently involve travel and have team members who often use company credit cards for purchases.

Bring the Wise card along on your travels to save on your overseas spending

Once you’ve figured out how to best earn your Qantas points, figure out how to spend when you’re abroad. Credit cards often have high foreign transaction fees and unfavourable exchange rates. The Wise card is a simple way to save up to 7x when you're spending internationally. You can spend in 150+ countries at mid-market rate — basically the rate you see on Google. With no foreign transaction fees and low, transparent pricing, Wise usually gives you the best value for your money.

Simply create a Wise account for free, order a card and top-up AUD to get started. Having a physical Wise card allows you to make chip and pin payments, as well as make some free ATM withdrawals each month for when you're abroad. You can get digital cards and add to your Google or Apple Pay wallet for instant use. Spend directly with the Wise account in AUD and let auto-conversion do the trick or convert in advance to your desired currency. You can hold and exchange 40+ currencies in your Wise account and spend the currencies you hold for free.

Wherever your travel takes you, the Wise card makes spending money abroad cheaper and easier.

🚀 Get your Wise card