ANZ
Earn $450 cashback to your ANZ Platinum Credit Card when you spend $4,500 in your first 4 months. Plus, enjoy no annual fee in the first year.
The ANZ Platinum Credit Card currently shines with a fantastic offer for new applicants in Australia. When you spend $4,500 on eligible purchases within the first 4 months of approval, you’ll receive $450 credit back. This is on top of a waived annual fee for the first year, saving you $87 straight away. The standard purchase rate is 20.99% p.a., and the card is compatible with major digital wallets like Apple Pay, Google Pay, Samsung Pay, Fitbit Pay, and Garmin Pay. After the first year, an $87 annual fee applies. There are no balance transfer fees, and the card offers a range of platinum-level benefits.
How to Apply for the ANZ Platinum Offer
First, check that you meet the eligibility criteria, which generally include being over 18 and meeting ANZ’s minimum income requirements. Have your identification and income details ready. Then, begin your secure online application, which takes about 10-20 minutes. Fill in your personal and financial information. Submit your application and await approval, which can happen in as little as one business day.
Key Advantages
The $450 cashback is a substantial upfront reward, suitable for large initial spends like travel or home appliances. The $0 annual fee in the first year helps maximise your net benefit immediately. The platinum status brings extras such as complimentary insurance and digital wallet compatibility, enhancing your everyday convenience and protection.
Potential Drawbacks
The ongoing $87 annual fee after year one should be weighed against future value. Moreover, the purchase rate of 20.99% p.a. means carrying a balance can become costly, so this card is best suited for those who pay it off monthly. Also, the cashback requires a minimum spend, which may not suit everyone’s budget.
Our Verdict
If you’re looking for a flexible, rewarding credit card and can confidently meet the spend requirement, the ANZ Platinum Credit Card’s $450 cashback and no annual fee for the first year make it a top pick. Just ensure you use the card’s benefits to outweigh future fees.