![ANZ Frequent Flyer Black [2023]](https://www.executivetraveller.com/photos/view/size:960,540/59c88f9475e44a7689a37fbddd799463-anz-qantas-frequent-flyer-black-visa-920.jpg)
Disclaimer
Executive Traveller may receive a commission when you apply for these credit cards via our links.
The information provided on this page is purely factual and general in nature. You should seek independent advice and consider your own personal circumstances before applying for any financial product.
Notes
The Good
- Earn 1 Qantas Point per $1 spent, up to $7,500 per statement period
- Eligible new customers can earn 110,000 bonus Qantas Points and a $255 statement credit
The Bad
- $425 total annual fee
- Tiered points earning, rate drops to 0.5 Qantas Points after exceeding $7,500 spend per statement period
Added Value
- Airport lounge passes and discounts
Introduction
ANZ's Frequent Flyer Black credit card allows you to earn up to one Qantas Point per dollar spent up to $7,500 per monthly statement period (halved thereafter), and can be used either as your sole points-earning plastic or in tandem with a higher-earning American Express card to maximise your points.
But ANZ's top-of-the-line Qantas card offers more than just points: there are also travel perks, including Qantas lounge passes, a discount on year-round Qantas Club membership, and of course, a variety of insurance options.
With an offer of 110,000 bonus Qantas Points and $255 back to your new ANZ Frequent Flyer Black card (when you apply and spend $5,000 on eligible purchases in the first three months from approval), you'll be able to fly to your next holiday destination in style, and save on the 'cost' of annual fees in the first year.
Rounding out the key list of features and perks is support for Apple Pay, Google Pay, Samsung Pay, Fitbit Pay and Garmin Pay, allowing you to purchase goods and services in-person without presenting your physical card at any business that accepts contactless payments via their EFTPOS terminal.
ANZ Frequent Flyer Black credit card: fast facts
- Grade/tier: Black
- Card type: Visa
- Loyalty program: Qantas Frequent Flyer (direct earn)
- Qantas Points earned per dollar: 1 Qantas Point up to $7,500 per statement period, 0.5 Qantas Points thereafter (excludes ATO)
- Points capping: Tiered earning rates apply as above, but points earning is without limit
- Supported mobile wallets: Apple Pay, Google Pay, Samsung Pay, Fitbit Pay, Garmin Pay
Fees, charges and interest:
- Total annual fee: $425 (with a net cost of $170 in the first year after receiving the $255 statement credit)
- Additional/supplementary cardholder fee: $65
- Interest rate on purchases: 20.24% p.a.
- Interest-free days on purchases: Up to 55
- Interest rate on cash advances: 21.24% p.a.
- International transaction fee: 3.0%
- Minimum income requirement: None defined
- Minimum credit limit: $15,000
Earning points for free flights:
Apply, be approved and you can earn 110,000 bonus Qantas Points plus $255 back to your new ANZ Frequent Flyer Black card after spending $5,000 on eligible purchases in the first three months. On the points front, that's enough for a one-way first class flight from Sydney to Singapore, plus a payment on the side to cover taxes, fees and other charges when booking.
As you continue to use the card, you'll also be earning Qantas Points at one of the highest rates in Australia for 'non-AMEX' spend, keeping your Qantas Frequent Flyer balance topped up.
Airport lounge access:
Every year, cardholders can request two complimentary Qantas Club lounge invitations – valid in domestic Qantas Club lounges and the airline's own international business class lounges, with a few exceptions such as in Los Angeles.
For more frequent travellers, Qantas Club membership can also be purchased via ANZ at a discount in the first year over the full 'individual' price.
Complimentary insurance cover:
Charge just $250 of your international flight, accommodation or other associated travel costs to your ANZ Frequent Flyer Black Card and ANZ's complimentary International Travel Insurance may provide cover on trips of up to six months.
ANZ's line-up of insurance covers also extends to Purchase Protection Insurance, Rental Vehicle Excess in Australia Insurance and Extended Warranty Insurance.
As always, refer to the policy documents to check that you qualify, and that the cover meets your needs.
ANZ Frequent Flyer Black credit card: the verdict
With the annual fee partially offset in the first year and substantial discounts on Qantas Club membership, the ANZ Frequent Flyer Black credit card can easily save you money: all while earning uncapped frequent fyler points – with tiered earning rates – on your everyday spends.
The only major downside is the high minimum credit limit of $15,000 compared to many Platinum-grade cards which usually begin at $6,000, which some people may find harder to qualify for if they already have several cards to their name.
Advanced frequent flyer users could also consider coupling the ANZ Frequent Flyer Black with a separate, high-earning American Express card (such as the AMEX Qantas Ultimate Card) to earn the most points where AMEX is accepted, and a respectable number of points where it's not, courtesy of ANZ.
ANZ Frequent Flyer Black credit card: FAQs
Can I apply for the ANZ Frequent Flyer Black card if I am not yet a Qantas frequent flyer member?
Yes, you can apply for the ANZ Frequent Flyer Black if you are not a member of the Qantas frequent flyer program, and you’ll receive complimentary membership – saving the $99.5 joining fee – if your application is approved.
Existing ANZ Frequent Flyer cardholders who are not already Qantas Frequent Flyer members will also enjoy a joining fee waiver when applying for membership via the Qantas website.
Am I eligible for the ANZ Frequent Flyer Black sign up offer if I have previously been a holder of another ANZ credit card?
It depends. If you currently hold or have held any ANZ Frequent Flyer credit card and have qualified for the bonus points sign-up offer within the previous 12 months from the date of closing the account, then you’re out of luck.
If, however, you hold or have held an ANZ Rewards card such as the ANZ Rewards Black or Platinum, you are still eligible to take advantage of this sign up offer at any time.
Disclaimer
Executive Traveller may receive a commission when you apply for these credit cards via our links.
The information provided on this page is purely factual and general in nature. You should seek independent advice and consider your own personal circumstances before applying for any financial product.
Chris is a a former contributor to Executive Traveller.
12 Feb 2014
Total posts 228
Make sure you apply online to avoid the annual fee. I joined up by ringing through an application and was charged the full fee. 10 calls later they reduced it by $200. Same if you apply for the card in a branch. They don't warn you of this.
20 Feb 2012
Total posts 67
I applied at a branch and the staff member was able to select the no annual fee offer. Just make sure you ask for it though.
23 Feb 2015
Total posts 260
"either as your sole points-earning plastic or to use in tandem with a higher-earning American Express card to maximise your points."
24 Apr 2012
Total posts 2431
What's the question, Steve? Cardholders may choose to use only the ANZ Visa to earn all their credit card points, or could pair the product with a higher-earning AMEX card (e.g. Qantas AMEX Premium, Qantas AMEX Ultimate, Altitude Black AMEX) to earn the most points possible on their overall spend.
23 Feb 2015
Total posts 260
Isn't it he case that ANZ has stopped issuing and has also cancelled previously existing Black AMEX? Certainly was my experience.
24 Apr 2012
Total posts 2431
These aren't ANZ AMEX cards: they're issued by other banks, which people may choose to have in addition to the ANZ Visa.
23 Feb 2015
Total posts 260
Aha - gotcha! Non
11 Mar 2012
Total posts 315
Just cancelled this card today. It was a holdover from when it came with an AMEX and with an annual fee due in a few days there is no way this one was worth it. Will go with the QF AMEX and churn through a series of Visa/MC in the next year or so to get the sign up bonuses.
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