ANZ Platinum Credit Card

19 reviews

Data last updated 20 July 2026

20.99%

Purchase rate

Annual fee

55 days

Interest-free

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60 second approval

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CardIQ

47Fair

Fair

Overall score, out of 100 · How this works

55 days interest-free49
Balance transfer38
Cashback85
No annual fee51
Rewards20
Travel37

Customer reviews

3.5

Based on 19 reviews

Reviewers were largely happy with customer service and rewards, bar the odd complaint about travel perks.

NancyRecommends

Low rate, balance transfer option, customer focus

It allowed me to do a balance transfer, and they are a customer-focused company. If I was ever experiencing trouble with my card, I was able to contact them and sort it out quickly. It doesn’t have a rewards program though.

LeahRecommends

Good perks, $250 voucher and no fee first year

Upon receiving the ANZ Platinum Credit Card I got $250 to spend on any purchase. I also got free travel insurance. For the first year there are no payments for having the card. I am very pleased with the perks. The fees are quite low and it is interest free for the first 55 days.

PaulRecommends

Check the frequent flyer points conversion rate

Be careful to look into how points are transferred. For example, a 75,000 bonus ANZ points offer only equates to 37,500 Virgin points. Other cards may have a higher value to their points, which can sometimes be easily overlooked.

SukhRecommends

Amazing card, looks good

It’s pretty good. I received an automatic upgrade from bank service. It is amazing and the card looks really good as it is a shining silver colour. The fees, I guess, were waived for me, but overall I believe the fees are pretty low for this card, in comparison to other banks…

CharlotteRecommends

Meets all my needs

I use my credit card for every purchase. I get rewards in the form of an everyday shopping voucher card, and I do not like carrying large amounts of cash so I find that this one card meets all my needs. I have used ANZ for quite a few years now and I have always been very…

FrankRecommends

Convenience and rewards

This Visa card provides the access I require whenever I need it and wherever I am, and also gives a great variety of rewards that i have used for gifts to family members.It’s convenient and makes life in a cashless society very real, with payWave at most retail outlets and…

CarmelRecommends

Cumbersome approval process if you're self-funded

There is currently a really great offer from ANZ. Upon successfully applying for their ANZ credit card, $200 credit will be added to the card within two months. However, proof of income must be provided. That’s fine, except I’m a self-funded individual. I don’t have an employer,…

BerndRecommends

Excellent rewards program

I have been with the ANZ for over 30 years. They have always had great customer service and also great products.I was upgraded to premium rewards for both my AmEx and Visa cards, without higher fees or other charges. Their rewards system and payments are one of the best…

JasonRecommends

I got this card mainly for the travel insurance feature. Activate it and spend $100 towards your holiday using the card, and you’re all set up for free comprehensive travel insurance — really helpful and very easy to set up. ANZ Platinum offers excellent rewards especially if…

AmitDoesn't recommend

No rewards program

ANZ Platinum is not that good as the interest rates are too high. Also they don’t offer any rewards on purchases. The only good thing is the insurance with the credit card, but it comes at a price, so it has some more charges altogether added to your card.There are more annual…

Pros & cons

What's good

No annual fee.
Complimentary international travel insurance, purchase protection and extended warranty.
No fee to add an additional cardholder.

Worth noting

The annual fee increases from $0 to $87 in the second year.
The 20.99% p.a. purchase rate sits in the most expensive quarter of cards (the median is 18.99% p.a.) if you carry a balance.
3.5% foreign transaction fee on overseas spending, at the high end of the market.
Earns no rewards points on spending.

Card details

The basics

Additional cardholder fee: $0 p.a.
Card tier: Platinum
Card type: Visa
Card use: Personal
Credit limit: $6,000 – $100,000
Credit rating: Good
Rewards program: None

Eligibility

Instant approval: Yes (response in ~60 seconds)
Joint application: No
Minimum age: 18 years old
Minimum income: Not specified
Residency: Australian citizen or permanent resident
Temporary residents: Eligible

Rates & fees

Ongoing interest rates

Cash advances: 21.99% p.a.
Purchases: 20.99% p.a.

Fees

Additional cardholder fee: $0
Annual fee: No annual fee
Annual fee (year 2+): $87 p.a.
Cash advance fee: 3% of the amount
Foreign transaction fee: 3.5%
Late payment fee: $20

Repayments

Interest-free period: Up to 55 days on purchases
Minimum repayment: 2% of the closing balance or $25, whichever is greater

Balance transfers

Limit: Up to your available credit limit
Period: 0 months
Promotional rate: 21.99% p.a.
Revert rate: 0.00% p.a.
Transfer fee: 0%

While you carry a transferred balance you may not receive interest-free days on new purchases.

Introductory purchase offer

This card has no introductory purchase rate offer. If you're carrying a balance or planning a big spend, compare 0% purchase cards.

Rewards

Cashback

Sign-up cashback: $450
Spend required: $4,500 in 4 months

Complimentary insurance

Cover has conditions and exclusions, which are set out in the issuer's PDS. A missing row means we haven't captured that figure, not that the cover is absent.

Overseas travel

Activation: Prepay part of the trip on the card
Activation spend: $250
Age limit: 80 years
Cover limit: $20,000,000
Excess: $500
Maximum trip length: 90 days
Not covered: Pre-existing conditions, unless the insurer agrees in writing
Underwriter: Allianz Australia Insurance Limited

Rental vehicle excess

Activation: Book with the card and take the hire company's waiver
Cover limit: $5,000
Excess: $100
Voids cover: Unsealed roads, drink driving, a driver not on the agreement
What it pays: The hire company's excess, not the vehicle

Purchase protection

Activation: Pay for the item with the card
Annual limit: $135,000
Excess: No excess
Not covered: Cash, consumables and animals
Per-item limit: $10,000
Voids cover: Leaving the item unattended in a public place
What it pays: Theft, loss and accidental damage

Extended warranty

Activation: Pay with the card for an item under manufacturer's warranty
Annual limit: $10,000
Excess: No excess
Not covered: Anything the manufacturer's warranty already excluded
Per-item limit: $10,000
What it pays: Mechanical failure once that warranty ends

Where this card sits vs similar cards

Compared with every other personal credit card we list that has the feature. The further right the dot, the better this card does.

FeatureThis cardWhere it ranks

Interest-free days55 daysTop 10% (6th of 192 cards)

Annual fee$87 a yearMiddle of the market (101st of 200 cards)

Purchase rate20.99%Not as good as most cards (125th of 196 cards)

Overseas fee3.50%Not as good as most cards (152nd of 200 cards)

Data as at August 2026. Rates change often, so check the issuer's terms. Factual information, not a recommendation.

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Questions and answers

Marcus2 June 2026

Can I add my partner as a second cardholder, and does it cost extra?

Credit Card CompareEditor3 June 2026

Most ANZ credit cards let you add an additional cardholder at no extra cost, with spending drawn from your own credit limit and account. Confirm this on ANZ's product page or with ANZ directly before applying, since fee-free additional cards can change without notice.

Sources

Credit Card Compare: Australian credit card statisticsHow CardIQ scores cards
Government: Product reference data (Consumer Data Right)
Issuer: ANZ