How to Apply for your ANZ Rewards Platinum Credit Card
The ANZ Rewards Platinum Credit Card offers a rewards program that allows cardholders to earn points on eligible purchases, which can be redeemed for various rewards, including travel, merchandise, and gift cards. It also provides additional benefits such as travel insurance and purchase protection.
This card is designed for those who want to accumulate rewards points while enjoying features typically associated with premium credit cards. Cardholders can earn points on everyday spending, with no cap on the number of points they can accumulate.
It also includes benefits like complimentary international travel insurance and extended warranty insurance, adding value for frequent travelers.
The card offers 24/7 personal concierge service and secure digital banking tools, making it convenient for trips and everyday financial management.
Benefits of the ANZ Rewards Platinum Credit Card
The ANZ Rewards Platinum Credit Card offers a range of benefits aimed at those who frequently use their credit card for everyday purchases and seek to earn rewards points for various types of redemptions.
Beyond earning rewards, the card includes several perks such as complimentary insurance coverage and digital management tools, enhancing the overall cardholder experience. Below are some of the key benefits associated with the ANZ Rewards Platinum Credit Card.
Earn ANZ Rewards Points
Cardholders can earn ANZ Rewards Points on eligible purchases made with the card. These points can be redeemed for a wide variety of rewards, including travel, merchandise, and gift cards.
Additionally, cardholders have the option to choose between earning ANZ Rewards Points or Velocity Points, depending on their preference. With no cap on the number of points that can be earned, the flexibility to select from these two rewards programs adds significant value to everyday spending.
This allows customers to tailor their rewards experience to best suit their travel or lifestyle needs.
Complimentary International Travel Insurance
ANZ Rewards Platinum Credit Cardholders receive complimentary international travel insurance when using the card to pay for travel expenses. This coverage includes medical and dental emergencies, trip cancellations, and loss or damage to luggage.
It is designed for frequent travelers who wish to have peace of mind while abroad, ensuring they are covered for unexpected incidents during their trips.
Extended Warranty Insurance
Another benefit of the ANZ Rewards Platinum Credit Card is the extended warranty insurance. This feature automatically extends the manufacturer’s warranty on eligible purchases made with the card by up to 12 months.
It offers an additional layer of protection for high-value items, such as electronics or appliances, without the need to purchase separate warranty plans, making it a cost-effective benefit for cardholders.
Purchase Protection
Purchase protection is another form of security provided to cardholders, which covers eligible purchases made with the card against theft, accidental damage, or loss for up to 90 days after the purchase.
This feature adds a safety net for purchases, giving cardholders confidence when making significant or expensive purchases with the card.
Secure Digital Banking Tools
The ANZ Rewards Platinum Credit Card is integrated with ANZ’s secure digital banking tools, which allow users to manage their accounts online or through the ANZ App.
These tools provide real-time transaction updates, spending insights, and easy access to account settings, enhancing the user experience. With features such as tap-and-go and mobile payment compatibility, it offers modern, convenient ways to manage and use the card securely.
Prerequisites to Obtain the ANZ Rewards Platinum Credit Card
To apply for the ANZ Rewards Platinum Credit Card, applicants must meet a few eligibility criteria. These prerequisites ensure that individuals have the financial stability and legal status necessary to hold and responsibly use a credit card.
Below are the general requirements needed to apply:
- Residency Status: Applicants must be Australian citizens, permanent residents, or have more than 12 months left on their visa. This requirement ensures that the cardholder has a stable legal status in the country.
- Minimum Age: Applicants must be at least 18 years old. This age requirement is in place to comply with legal guidelines around credit products and financial responsibility.
- Income: While specific income requirements may not be listed, applicants typically need to provide proof of a regular income. This information helps assess the applicant’s ability to manage and repay the credit card debt.
- Credit Rating: A good credit rating is required. ANZ, like most banks, will check the applicant’s credit report to ensure that they have a track record of responsible credit usage. Applicants with poor credit may face difficulties getting approved.
- Supporting Documentation: Applicants will need to provide identification documents, proof of income (such as payslips), and details of any other financial commitments they currently hold. These documents help ANZ verify the applicant’s identity and financial situation before approving the credit card application.
About ANZ Bank
ANZ Bank, or the Australia and New Zealand Banking Group, is one of the largest and most well-established financial institutions in Australia. With a history dating back to 1835, ANZ provides a wide range of banking and financial services, including personal and business banking, wealth management, and investment solutions.
The bank operates not only in Australia and New Zealand but also has a significant presence in the Asia-Pacific region, serving millions of customers globally. Known for its focus on innovation and digital banking, ANZ continues to play a key role in the financial sector.
Who is the ANZ Rewards Platinum Credit Card for?
The ANZ Rewards Platinum Credit Card is aimed at individuals who frequently use their credit card for everyday purchases and want to earn rewards points that can be redeemed for travel, cashback, or gift cards.
It is particularly suited for those who value added benefits like travel insurance and purchase protection, and who seek flexible reward redemption options.
The card also appeals to regular travelers and shoppers who appreciate complimentary insurance coverage, extended warranties on their purchases, and 24/7 Personal concierge.
Cardholders should ideally have a stable income and a good credit rating, making it suitable for financially responsible individuals seeking rewards and perks with their credit card use.
Step by Step to Apply for the Card
To apply for the ANZ Rewards Platinum Credit Card, follow these steps:
- Visit the official ANZ page: Go to the official ANZ website at ANZ Rewards Platinum Credit Card and review the card details, eligibility criteria, and any other relevant information. This also includes choosing between the reward options (ANZ or Velocity).
- Start the application process: Click on the green button “Apply with…(your chosen reward option)” button on the card’s webpage to begin your application. You will be directed to an online application form where you’ll need to provide personal and financial details.
- Provide necessary documents: You will be asked to submit proof of identity (such as a driver’s license or passport) and financial documentation, such as payslips or bank statements, to verify your income.
- Complete the application: Fill in all required sections of the application form, ensuring that all information is accurate. You will be prompted to review your application before submitting it.
- Submit the application: Once you’ve reviewed your details, submit the application for processing. You will receive a confirmation that your application has been received, and you may be contacted for additional information if required.
- Track your application: You can track your application’s progress via ANZ’s online banking platform or mobile app.
- Wait for approval: if you are approved, the Bank will send your card to the address provided
For added convenience, you can also download the ANZ App to manage your account.
ANZ Rewards Platinum Credit Card Pros and Cons
When considering the ANZ Rewards Platinum Credit Card, it’s essential to evaluate the benefits and potential drawbacks. While the card offers significant perks for those who frequently make purchases and seek rewards, there are also some costs and limitations that potential cardholders should be aware of.
Below is a breakdown of the positive and negative aspects of the card:
Pros
- Flexible Rewards Program: Cardholders can choose between earning ANZ Reward Points or Velocity Points. This flexibility allows users to tailor their rewards to their preferences, with points that can be redeemed for travel, merchandise, or gift cards.
- Complimentary Insurance Benefits: The card provides comprehensive travel insurance and extended warranty insurance, which can save money for those who frequently travel or purchase high-value goods. The travel insurance covers medical, dental, and cancellation costs for trips paid with the card.
- Uncapped Points: There is no cap on the number of reward points you can earn, allowing cardholders to accumulate points over time without worrying about limits, unlike some other rewards cards.
- Secure Digital Banking: The card integrates with the ANZ App and other digital tools, offering cardholders easy and secure ways to manage their accounts, monitor spending, and access rewards.
Negatives
- High Annual Fee: The card comes with a high annual fee of $149. This fee can be a significant drawback for those who may not make full use of the card’s benefits or rewards program.
- High Interest Rates: The card’s purchase interest rate is 20.99% p.a., which is relatively high compared to other credit cards. For individuals who carry a balance month to month, this could lead to significant interest charges.
- Balance Transfer Fee: The card offers a balance transfer interest rate of 21.99% p.a. This is quite high, and cardholders considering this feature should carefully calculate whether the transfer will benefit them in the long term.
How to Activate the ANZ Rewards Platinum Credit Card?
Upon receiving the ANZ Rewards Platinum Credit Card, activation is a straightforward process. Cardholders can activate the card through ANZ’s digital platforms, either by logging into their online banking account or using the ANZ App.
To activate through online banking, simply log in to your ANZ account, navigate to the “Manage Cards” section, and follow the prompts to activate the card.
For those using the ANZ App, the card can be activated under the “Cards” tab by selecting the relevant card and following the on-screen instructions.
Alternatively, cardholders can activate the card by calling ANZ’s customer service line at 13 22 73, and a representative will assist with the activation process.
Fees and Tariffs
The ANZ Rewards Platinum Credit Card comes with several fees and costs that cardholders should be aware of.
These include annual fees, interest rates, and other charges for certain services. Below is a summary of the key costs associated with the card:
- Annual Fee: $149 covering the rewards program and additional card benefits.
- Purchase Interest Rate: 20.99% p.a. This is the rate applied to any unpaid balances on purchases after the interest-free period.
- Cash Advance Interest Rate: 21.99% p.a. This rate applies to cash advances, such as ATM withdrawals, and is usually higher than the standard purchase rate.
- Interest-Free Period: Up to 55 days on purchases, provided the cardholder pays their closing balance in full by the due date.
- Additional Cardholders: $65 each per year (up to nine).
Customer Service
Here are the official ANZ Bank channels for assistance related to the ANZ Rewards Platinum Credit Card:
- ANZ Official Website:ANZ Rewards Platinum Credit Card
- Phone numbers:
- For inquiries within Australia: 13 22 73 or 13 13 14
- For international inquiries: +61 3 9683 9999 or +61 3 8693 5077
- ANZ Internet Banking: Login to ANZ Internet Banking
- ANZ App: You can download the ANZ App for managing your card:
- Customer support page: ANZ Support Centre
- Find an ANZ Branch Near You:
You can visit any of the ANZ Bank branches by using the Find ANZ dedicated page to locate them.
