ANZ Frequent Flyer Black: Up to 130,000 bonus Qantas Points + $200 back

Looking for a Qantas Frequent Flyer credit card that will earn you piles of points?

With up to 130,000 bonus Qantas Points and $200 back to your card, the ANZ Frequent Flyer Black is a top pick for Qantas lovers.

Earn up to 130,000 bonus Qantas Points. 90,000 bonus Qantas Points and $200 back to your new card when you spend $5,000 on eligible purchases in the first 3 months from approval. Plus, an additional 40,000 bonus Qantas Points when you keep your card for over 12 months.

New Frequent Flyer card. T&Cs, eligibility criteria, fees and charges apply (including an annual fee, currently $425).

As you’ll soon find, this card is simply packed with ongoing benefits that far outweigh the upfront cost. Beyond the bonus offer, there’s two complimentary Qantas Club Lounge passes on offer each year, complimentary insurance coverage and the potential to save up to $258 on a Qantas Club membership.

ANZ Frequent Flyer Black: What’s to love?

Above and beyond the sign up bonus, the ANZ Frequent Flyer Black delivers plenty of ongoing travel and lifestyle benefits.

Enjoy generous Qantas Points earning potential, access Qantas Club membership privileges, insurances plus other travel perks, and it’s not hard to see how this card could take pride of place in your wallet for the long term.

Am I eligible to receive the bonus Qantas Points?

To be eligible to receive up to 130,000 bonus Qantas Points and $200 back, you must not currently hold or have opened or closed an ANZ Frequent Flyer credit card in the past 12 months. If you currently hold or have held an ANZ Rewards program card in the past 12 months (such as the ANZ Rewards Black or the ANZ Rewards Platinum), this does not preclude you from earning the bonus points on the ANZ Frequent Flyer Black.

Ok, so what are 130,000 bonus Qantas Points actually worth?

Whether you’re ready to travel now or down the track, the current ANZ Frequent Flyer Black credit card offer could see you earn piles of Qantas Frequent Flyer points.

Even at a conservative ballpark valuation of 1 cent per point (as published by Choice) the full sign-on bonus of 130,000 Qantas Points is worth the equivalent of $1,300 AUD.

In real terms, 130,000 Qantas Points is enough to jet off to selected global destinations in economy return with Qantas or a partner airline (minus applicable taxes/fees). It’s also enough to book a one way or return Qantas business class classic reward flight to selected destinations overseas.

Here are some of our favourite redemption options you could seek to lock in with a pile of Qantas Points (excluding taxes/fees):

• One-way business class to the USA: Fly Qantas Business Classic Flight Rewards one way from Melbourne or Sydney to Los Angeles, or Sydney to San Francisco for 108,400 Qantas Points.
• Return business class to Fiji: Fly return Qantas Business Class Flight rewards from Sydney or Brisbane for 83,000 Qantas Points, or return from Melbourne for 114,000 Qantas Points.
• Return economy class to the USA or Europe: Fly return Qantas Economy Classic Flight Rewards from Melbourne, Sydney or Brisbane to London (Heathrow) for 110,400 Qantas Points, Melbourne or Sydney to Los Angeles for 83,800 Qantas Points, or Melbourne or Sydney to San Francisco for under 93,800 Qantas Points.
• 13 Zone One economy flights: Fly up to 13 times between Zone One cities (i.e. Melbourne – Sydney or Adelaide – Melbourne). You’ll pay just 8,000 Qantas Points each way.

Prefer to use your points on the ground? 130,000 bonus Qantas Points can be used for accommodation bookings via Qantas Hotels, Classic Rail Rewards, car hire, and even fuel purchases at BP. You could also redeem for gift cards via the Qantas Rewards store.

Classic Flight Rewards are subject to airline T&Cs and availability. Taxes, fees, and carrier charges apply in addition to Qantas Points redeemed. Calculated as of November 2023. Please check government restrictions before you travel.

Receive two Qantas Club lounge entries each year

If you’d like to relax in comfort before your next flight, the ANZ Frequent Flyer Black won’t disappoint. Each year you hold the card, you’ll receive two complimentary Qantas Club lounge entries. The invites are valid at eligible domestic Qantas Club lounges and International Business Lounges.

Save up to $258 on Qantas Club membership

If you travel frequently and are looking to lock in more regular Qantas Club lounge access, the ANZ Frequent Flyer Black could save you a significant amount of money on an annual membership.

Cardholders can access a reduced Qantas Club annual fee of $442 (usually $600) along with a waiver of the one-off $99 joining fee. Together, these savings add up to $258.

Earn 1 Qantas Point per $1 eligible spend (capped)

ANZ Frequent Flyer Black cardholders enjoy ANZ’s highest Qantas Points earning potential on everyday eligible spend, with the ability to earn 1 Qantas Point per $1 up to a generous cap. The earn rate is as follows:

• 1 Qantas Point per $1 spent on eligible purchases up to and including $7,500 per statement period, then
• 0.5 Qantas Points per $1 spent on eligible purchases above $7,500 per statement period.

You could also earn 1 additional point per $1 spent on selected Qantas products and services in Australia.

What is classified as eligible spend?

Spend including fees, cash advances, cash equivalent transactions, balance transfers, and transactions for gambling or gaming purposes are not considered eligible purchases. To review the fine print in relation to the classification of eligible purchases, refer to the ANZ Frequent Flyer Reward Terms and Conditions (PDF 122kB).

Access complimentary insurance coverage

Like other ANZ cards, the ANZ Frequent Flyer Black unlocks a range of complimentary travel insurances when travelling domestically and overseas. These include:

• International and Domestic Travel Insurance
• Domestic Travel Insurance
• Rental Vehicle Excess In Australia Insurance

Plus, when you shop, you’ll get access to:

• Extended Warranty Insurance
• Purchase Protection Insurance

The eligibility criteria, terms, conditions, limits and exclusions of the group policy are set out in the ANZ Platinum and Black Credit Card Complimentary Insurance booklet (PDF 696kB)  which may be amended from time to time.

Enjoy a range of other cardholder benefits

The ANZ Frequent Flyer Black card provides access to a number of additional lifestyle and entertainment benefits, along with features that can save you time and money. These include:

• Visa Offers + Perks: Experience exclusive presales, offers, giveaways and benefits
• 24/7 Concierge Service: Access a complimentary Personal Concierge 24 hours a day, to help you with restaurant or hotel bookings, gift ideas, travel recommendations and much more.
• Mobile payments – Bank with ease using the ANZ App. ANZ cardholders can also use a compatible smartphone or wearable device to tap and pay with Apple Pay, Google Pay, Samsung Pay, Fitbit Pay and Garmin Pay

It’s possible to add up to nine supplementary or additional cards to a primary ANZ Frequent Flyer Black credit card account. A $65 annual fee applies per additional cardholder.

ANZ Frequent Flyer Black key information

ANZ Frequent Flyer Black credit card annual fee

The total annual fee for the ANZ Frequent Flyer Black is $425 per year. This comprises a $370 Annual Account Fee and a $55 Rewards Program Services Fee.

However, you’ll receive $200 back when you spend a minimum of $5,000 on eligible purchases within the first 3 months of approval. This effectively brings the first year total annual fee down to just $225.

ANZ Frequent Flyer Black eligibility

To apply for the ANZ Frequent Flyer Black you must be 18 years of age or over and a permanent Australian resident or a non-permanent resident with more than 9 months remaining on your Visa.

To be eligible to receive the bonus offer of up to 130,000 Qantas Points and $200 back, you must not currently hold or have opened or closed an ANZ Frequent Flyer card in the past 12 months. The specific card products this restriction applies to are: ANZ Frequent Flyer Black, ANZ Frequent Flyer Platinum, and ANZ Frequent Flyer card.

However, if you currently hold or have held an ANZ Rewards card or an ANZ credit card linked to a different reward program in the past 12 months, this does not preclude you from earning the bonus points on the ANZ Frequent Flyer Black, provided you meet all the other offer eligibility criteria.

If you transfer or cancel your new ANZ Frequent Flyer Black credit card account before the $200 credit and up to 130,000 bonus Qantas Points are processed to your account, you may become ineligible for this offer.

ANZ Frequent Flyer Black: Verdict

With up to 130,000 Qantas Points and $200 back, the ANZ Frequent Flyer Black offers strong value as a Qantas Points earning credit card, with a range of valuable inclusions. However, it’s important to pay the card off in full to avoid incurring interest charges.

Standout features include the ongoing Qantas Point earn rate on eligible spend, complimentary Qantas Lounge entries, and travel insurance. Essentially, if you’re able to make use of the features of the ANZ Frequent Flyer Black, the benefits could far outweigh the upfront cost.

Ready to apply?

The secure, mobile-friendly application form on the ANZ website should take you around 5 minutes to complete and you may receive a response in less than 60 seconds

Frequently Asked Questions (FAQ) – ANZ Frequent Flyer Black credit card