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ANZ Frequent Flyer Black Credit Card 100,000 Qantas Points & $250 Back with $5,000 Spend in First 3 Months, $425 Annual Fee

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ANZ Frequent Flyer Black Credit Card 100,000 Qantas Points & $250 Back with $5,000 Spend in First 3 Months, $425 Annual Fee
Go to Deal
Koipanda on 21/11/2023 - 23:26 anz.com.au (8738 clicks)
Last edited 26/11/2023 - 11:45 by 1 other user

Highlights:

$425 annual fee
$250 back to the card (5k spend, first 3 months)
100,000 Qantas Points (5k spend, first 3 months) + 30,000 Qantas Points if hold card for over 12 months
Min credit limit 15k
2 x Qantas lounge passes per year
1 point per dollar up to 7.5k and 0.5 above that per statement period
You are not eligible for this offer if you currently hold or have held an ANZ Frequent Flyer credit card in the last 12 months.

Mod note: 30,000 Qantas Points in the second year removed from title — either quote $425 fee for 100,000 or quote $850 fee for 100,000 + 30,000 points.

Financial Cashback Credit Card Frequent Flyer Qantas Frequent Flyer Reward Points VISA

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Comments

  • Koipanda on 21/11/2023 - 23:28
    +9

    An increase of $150 cashback, decrease of 10,000QP but addition of 30,000QP if held over 12 months

    • adrianhughes1998 on 21/11/2023 - 23:37
      +9

      Was 110k with same min spend and same cashback in January this year, but definitely better than their last deals.

      Take what you can get in this economic climate..

      • pointnlarf on 22/11/2023 - 20:59

        I just got back 110000 qff points and $255 this month

  • mahdoo on 21/11/2023 - 23:29

    Much better value compared to their previous deal. Nice

  • localhost on 21/11/2023 - 23:37
    +3

    wow … $425 Annual Fee

    • SolitaryMan on 22/11/2023 - 00:16
      +1

      Nobody tell him about the Centurion….

      • localhost on 22/11/2023 - 00:22

        Amex invite only 'elite' club? Doh!

        • SolitaryMan on 22/11/2023 - 00:24
          +1

          $5,000 to get the card and $6,500 p.a.

          • localhost on 22/11/2023 - 00:25
            +1

            @SolitaryMan: Most likely can order fake from Aliexpress… to get that rich feeling :)

            • SolitaryMan on 22/11/2023 - 00:26

              @localhost: Sounds good until your date tells you to pay the bill with your Black Amex! Can’t even claim you’re reached your limit given it doesn’t have one they’ll tell you about!

          • cerealsmok3r on 22/11/2023 - 01:50

            @SolitaryMan: Does everything a platinum charge right or is there more to it

            • SolitaryMan on 22/11/2023 - 03:04
              +1

              @cerealsmok3r: Slightly higher points earn, better status upgrades with hotels and one airline, plus Qantas Club membership. Supposedly better concierge.

              The usual line is that you need to travel a lot to get value from it, but of course if you travel a lot you may already have higher status levels anyway 🤷‍♂️

              • AircraftFreight on 22/11/2023 - 08:33

                @SolitaryMan: I hold the US Centurion and the AU Centurion. You also get Emirates Gold Status on the AU Cent but on the US you get Delta Diamond Medallion.

              • cerealsmok3r on 30/11/2023 - 05:47

                @SolitaryMan: oooh thanks for the headsup! I was kinda right but the travelling makes a lot of sense

          • mrau on 28/11/2023 - 01:38

            @SolitaryMan: WTF!!! 😲

  • Wiadro on 21/11/2023 - 23:42
    +1

    I didn’t get approved for this, even tho I earn way over 120k, have a 40% LVR on my mortgage.
    I guess they didn’t like that I had applied and been approved for the NAB version and a Kogan balance transfer in the last 3 months…

    • CheaperCharlie on 21/11/2023 - 23:45
      +22

      Their whole applications department seems to have gone down the creek. I used to get approved very quickly, now you apply and it's "more info", call call call, etc. Gave up with them.

    • Pelicannn on 21/11/2023 - 23:50
      +11

      FWIW, the LVR is largely irrelevant. If you take home ~$3500 a fortnight after tax and the majority of that is chewed up by your living expenses and repayments, you’re going to get knocked back.

      As a second point, I’ve churned many cards, ANZ are always the hardest to deal with and I’d assume have quite strict lending criteria.

    • wsyzdyh on 21/11/2023 - 23:59
      +1

      I was not approved as well, Even though on 100k salary, at the same time with an investment property( out of pocket $700/M and unfortunately with ANZ), I am sharing house with friends so $1100 per month rent. I also have a NAB version in the last 3 months too, they called me and asked for some extra info then told me system would not let me go ahead , I was like ??? my mate has a owner occupied home loan but still got Citi, nab approved. ANZ is just ridiculous.

    • recession1 on 22/11/2023 - 00:03
      +5

      You’ll struggle getting approved for two black level cards at a time on that income - especially within 3 months. Next time close the other black card before applying.

      • Innately Incognito on 22/11/2023 - 00:10

        What income could you feasibly apply for 2x black level cards at?

        I've a habit of making my life difficult and closing one before opening another, when I think this is potentially unnecessary.

        • SmokeyTheCorgi on 22/11/2023 - 11:16
          +5

          It's a double edged sword. You can close current credit cards to help your chance with the new application, but there is no guarantee you'll get it. You can get rejected and then you have no credit cards and be a lowly pleb using your own money, the horror!

        • CodeXD on 22/11/2023 - 11:44
          +1

          You want a credit card that you can use in between churning. I use kogan credit card to get kogan points. There's no cooldown that resets eligibility for new customers so you don't need to close it off. No monthly or annual fee.

          https://www.koganmoney.com.au/credit-cards/kogan-money-black…

          You also get kogan first for the life of the card.

          • Stuntdriver on 30/11/2023 - 08:25
            +1

            @CodeXD: yeah thats what ive been doing, got the $500 bonus sign up years ago and kept it ever since as my backup, comes in handy for free shipping on kogan sometimes.

      • Homr on 22/11/2023 - 00:26
        +1

        I have a 20k limit with Citibank and still got approved for ANZ black and Westpac Black.

        • Innately Incognito on 22/11/2023 - 00:34
          +1

          Is that all concurrent? And are you on a crazy high income to enable this?

          • Homr on 22/11/2023 - 00:41

            @Innately Incognito: Only with the 2, Citibank and the other

            January - August: Citibank & ANZ Black
            September - Current: Citibank & Westpac

          • serpserpserp on 22/11/2023 - 10:28

            @Innately Incognito: Reduce your limits to a minimum.

            • Innately Incognito on 22/11/2023 - 11:34

              @serpserpserp: Yeah. I have an $8k CBA but I don't know if say a $150k income can sustain going after the ANZ without closing it first. Made more difficult as part of my income is bonus-related (albeit nearly 100% consistent historically).

              • serpserpserp on 22/11/2023 - 16:27

                @Innately Incognito: Just tell em you are closing the CBA card once this one opens

                • Innately Incognito on 22/11/2023 - 17:31
                  +1

                  @serpserpserp: Is there any way to actually do that though? Cos afaik it's mostly automated and outside of a balance transfer I don't know how/why they would possibly know or agree that you're closing it.

                  • serpserpserp on 22/11/2023 - 21:59

                    @Innately Incognito: I thought there were boxes to write stuff in your expenses list. Otherwise don't put it in and tell em you are closing it off they find out about it

                    • ky1975 on 23/11/2023 - 16:06

                      @serpserpserp: They know all about you, I forgot to declare my lattitude card, and they inquired about it when they called to verify some details of my application.
                      I only submitted it yesterday.

    • yama131 on 24/11/2023 - 09:30
      +1

      you are probably considered a "deadbeat" in their system i.e. someone who pays credit card on time and never incurs interest. They dont make any money from you.

      • cski on 04/12/2023 - 18:54

        It's funny because that's exactly the client amex specially targets.

        Spend money and pays off debt

        Because the majority of income on credit cards is the merchant fee on every dollar the seller processes

    • Kobe24 on 26/11/2023 - 14:57
      +2

      Never ever waste your time applying for an ANZ card. Ever.

    • FrugalDealSeeker on 18/12/2023 - 08:48

      Same, my share of the mortgage + living expenses is <30% of my income, LVR ~60%, no additional debt, yet got knocked back as well.

  • Homr on 21/11/2023 - 23:43
    +1

    Is it hard to get approval for these cards once you have a home loan??

    • recession1 on 22/11/2023 - 00:05
      +1

      It will make no difference compared to someone who pays the same amount of rent as you do in mortgage repayments.

  • WilhelmBargo on 21/11/2023 - 23:43
    -4

    Sorry just to be clear, If I spend 5k in 3 months and cancel, do I skip the $425 annual fee

    • Koipanda on 21/11/2023 - 23:45

      No. You may get a pro-rata refund but its been a while since I heard someone getting one

      • prankster on 21/11/2023 - 23:58
        -4

        Should be able too , I’ve just finishing 3 months on the current promo and I’m going to ask next month when I cancel the card but essentially I heard you get the whole annual fee back (if successful) not a pro rata

        • adrianhughes1998 on 22/11/2023 - 00:02
          +2

          Unlikely, NAB were the last bunch to do pro rata and complete refund of annual fees are literally unheard of.

        • cook99 on 22/11/2023 - 00:49

          I was successful getting full refund 18 months ago, but about 3 months back they wouldn't even do pro rata refund. Tried multiple agents and they all held firm no refunds at all

          • adrianhughes1998 on 22/11/2023 - 06:20

            @cook99: Yes they came out about a year ago and announced Pro rata refunds is no more.

      • Ozbargainasaurus on 30/11/2023 - 00:05

        I got a pro rata refund from ANZ in April 2023

        • ashyboy on 02/12/2023 - 17:52
          +1

          I ask for pro rata refund last month and they gave me back whole fee

          • Arick on 02/12/2023 - 20:01

            @ashyboy: I'm hearing more recently they aren't doing refunds of any sort anymore. Pointing to section 16.C in their terms of use. Pretty much saying that because you've received points, they aren't obligated to refund you.

            • Ozbargainasaurus on 02/12/2023 - 20:06

              @Arick: Only chance is to ask nicely when you call and hope for the best. Nothing gained nothing lost

    • melbsp on 22/11/2023 - 00:01
      +3

      Annual fees are mostly charged on the card itself the first month.

  • Wool on 21/11/2023 - 23:52
    +1

    Any minimum income requirement?

    • Koipanda on 21/11/2023 - 23:57
      -1

      From what i've heard, it is $75000

      • Homr on 22/11/2023 - 00:28

        I'm surprised they haven't increased this minimum income requirement inline with inflation

        The 75k income has been standard for more than a decade

        • killingtime on 22/11/2023 - 08:19
          +2

          They don't need to, they still assess each one based on actual income and expenses. It's basically a meaningless number. You could be multiples of their minimum and have expenses so high they deny you

          • Homr on 22/11/2023 - 08:22

            @killingtime: What if your income is lower than 75k but your expenses are low too?

        • JohnHowardsEyebrows on 22/11/2023 - 08:31

          The $75k is standard for cards with $15k limits, ie black/signature cards. Just as platinum cards, once the most prestigious, have now been rendered the base cards, the colour inflation happens to the higher end cards, too. Hence they don't need to adjust.

          • Homr on 22/11/2023 - 08:38
            +1

            @JohnHowardsEyebrows: Whats the card that is above black/signature? I'd like to improve my Socioeconomic status

            • JohnHowardsEyebrows on 22/11/2023 - 08:56

              @Homr: The one on this deal.

              • Homr on 22/11/2023 - 08:57

                @JohnHowardsEyebrows: This is only black/signature. I mean is there any other cards that is above this?

                Like the Citi Prestige that requires 150k income salary

                • JohnHowardsEyebrows on 22/11/2023 - 09:21

                  @Homr: Sorry, too early in morning. Yeah, only really Citi seems to have the really schmicko cards (aside from Amex), with Prestige, or Qantas Titanium. Still, the latter is a $200k minimum income.

                  • Homr on 22/11/2023 - 09:24

                    @JohnHowardsEyebrows: is the Qantas Titanium the next best after the American Express Centurion Black Card?

                    • JohnHowardsEyebrows on 22/11/2023 - 09:33

                      @Homr: Not an expert, but I suspect so. The earn rate is high, the bonus offsets the high fee, and the First Lounge passes give it something no other easily available cards have.

                      Of course, the Amex Platinum Charge is also pretty loaded with extras.

  • noise36 on 21/11/2023 - 23:58
    -1

    How much is 100K FF worth? are we talking return to Europe or return to Sydney?

      • adrianhughes1998 on 22/11/2023 - 00:04
        +27

        Classic rewards seats are always the best value, not points plus pay mate.

        • prankster on 22/11/2023 - 00:29
          +1

          Oh wait to make sure I have this right, classic reward seats are still points plus pay? This is what I booked which is yes classic rewards but you still have to pay something

          https://ibb.co/F65Bj7j

          • mahdoo on 22/11/2023 - 00:46
            -4

            @prankster: Not sure why you're getting downvoted. You're doing it right. Paying airport taxes with points is terrible value, so classic rewards + paying taxes in $$ is the way to go.

            Family of 4 with 252k points + $1000 would be 63k points return + $250 taxes each. Sounds about right, and about normal classic rewards economy value.

            • cook99 on 22/11/2023 - 00:51
              +11

              @mahdoo: Classic rewards and paying the taxes is right. But saying use "points plus pay" could mislead people to spending points on normal terrible conversation rate.

              'Classic' was the key word missing hence all the negs

          • Meconium on 22/11/2023 - 06:23

            @prankster: That's not what Qantas means when they say points plus pay. The 'pay' part is a surcharge here, and the redemption is called classic rewards. Just a confusion with the nomenclature, nothing to be puzzled about.

            • prankster on 22/11/2023 - 09:57

              @Meconium: ok apologies all i was using the wrong terminology and missed saying "classic" (wasn't expecting all these downvotes lol but all good)

        • RTX9090Ti on 22/11/2023 - 07:16
          -5

          Or sell the points for cash. 100k points for $175 is good value.

          • northshore on 22/11/2023 - 07:33

            @RTX9090Ti: That would value the points at a fraction of the classifieds on OZB.

            Around 1c per point is the usual going rate.

            • RTX9090Ti on 22/11/2023 - 09:11
              +2

              @northshore: What I meant was not selling 100k points for $175.

              What I meant was 100k points for $175 annual fee is good value.

            • Jayblesz on 22/11/2023 - 09:24

              @northshore: I think he means pay $175 (425 fee - 250 cashback) to the bank in return for 100k Qantas points.

              Edit: yeah I must've been hovering this thread for 14 mins as per above comment …

      • Drakesy on 22/11/2023 - 00:19
        -1

        @prankster Oh dear this is not the way.

      • foxes28 on 22/11/2023 - 00:26
        -2

        You are doing it wrong!

    • theredrabitt on 22/11/2023 - 00:14
      +1

      If you can ever find a Classic flights reward seat - you could almost get a Europe return for 1 (but still have to pay taxes/fuels surcharges). So think 'reduced/subsidised' ticket vs free ticket.
      https://www.qantas.com/au/en/frequent-flyer/use-points/class…
      http://www.gcmap.com/ (measure flight mileage here)

      • afrunesto on 23/11/2023 - 15:41

        I'm new to this. Could you please elaborate? Melbourne to Paris is 10,421 mi. How do I calculate how many points I need to get there?

        • theredrabitt on 23/11/2023 - 15:54
          +1

          Looking at the Qantas FF points table, that distance falls into Zone 10, which is 55,200 points economy one-way.
          Also bear in mind the routing (Zone 10 is very broad and covers over 5.5k miles so might be a bad example), but if you use GCMap to plot a direct route, bear in mind that with Qantas points you're limited to Oneworld with specific airlines and routes and sparse availability - that could greatly impact the distance. (eg) Perth-London has a direct flight, but you may never get a classic flights reward seat. Instead you might have to go via Singapore or somewhere else and that would mean the distance changes, hence zone/points change.

  • themeadowlands87 on 22/11/2023 - 00:08
    +1

    Applied for this in the past three months. Incredibly slow and no communication after approval, the card arrived one day ~ 5 weeks later. The up side was, I met the spent in the first week (booked international flights) and a week or so later, the bonus points landed in my account (must have got lucky with when I did the spend vs when they do the monthly point distributions). Annual fee and cashback all landed on the same day. I've also found that BPaying to the card to pay off spend as I go arrives much more quickly than I've had with any other bank. So, all in all a mixed experience!

    • SolitaryMan on 22/11/2023 - 00:19
      +3

      Amex sometimes arrives same day for BPay, plus you can PayID for an instant payment.

  • Drakesy on 22/11/2023 - 00:10
    +13

    Man i miss the $0 black QFF cards with 120,000 points, those were the days.
    Still won't complain, pretty sure this'll be my 11th card with ANZ, only one rejection in 5 years, cleared up by complaining to the foreign call centre, basically called them out for scrutinising my earnings when i'd provided everything they wanted.

    Also, 30,000 points for $425 is not worth it, close the card as soon as the points reach your account.

    • RTX9090Ti on 22/11/2023 - 07:17

      Yeah, always churned those no fee card with points every year since 2015.

  • SydOzber on 22/11/2023 - 00:46

    I got approved for the business card - https://www.anz.com.au/business/credit-cards/qantas-business…
    Do you foresee any issues if I apply for this one ?

    • z0s0 on 22/11/2023 - 14:40

      I'm currently holding both. I doubt there's any connection between then.

      • SydOzber on 22/11/2023 - 15:06

        Ok did you get bonuses from both when you signed up ?

        • z0s0 on 23/11/2023 - 10:26

          Haven't even met the spend threshold for this biz one yet; I applied same week as you.

          I'm confident that they are entirely separate.

  • SpendLess on 22/11/2023 - 01:51
    +1

    Always had a fee free cc just wondering what value would I get if I would have an approx $4k monthly cc spend? Would the points really be worth over the $425? Or do you guys just get the free points and cash back and move on to new deals? Thanks

    • Innately Incognito on 22/11/2023 - 11:38
      +5

      Your average person is going to get a lot more from the sign-up than the points for spend.

      At $4k/mth or $50k/yr through the card you would be looking at minimum $300 of points if used for gift cards, or closer to $600 at a point value of 1.2c/point.

      Considering the sign-up bonus is 100k points it's double the above and could be attained in a couple months of your spend before moving onto the next. Not to mention the next card will likely have the same benefits. Added benefit to churning quicker is that most cards require a 1y since closure - so the faster you close the faster you can be back onto it.

      Should also mention, 2x lounge passes and travel insurance are decent too.

      • SpendLess on 22/11/2023 - 14:17
        +1

        ah k thanks. Sounds like its a churning game to make the most of it which I dont really have the motivation to do.
        Thanks for the info!

        • freekay on 22/11/2023 - 15:17
          +4

          Horses for courses. But, in general, there's very little reason to not churn any of the services you have (energy, phone, internet, credit card, job*) as the best value is reserved for "new customers". These days loyalty is punished, rather than rewarded.

      • ning on 28/11/2023 - 08:50

        Silly question, but how does travel insurance work if say I bought flight to an OS trip with this card, then cancelled it as you suggested when the points arrive before the trip has concluded.

        • tim_geo on 01/12/2023 - 00:34
          +1

          You'll need to read the complementary insurance policy carefully, I would keep the card active if you want to rely on the insurance to save hassles.

          They seem to define "card account" as "A current and valid ANZ Credit Card facility provided by ANZ to which purchases made by cardholders on an ANZ Credit Card are charged."

          Does the card need to stay active after the triggering purchases? The terms seem silent on this, so they may deny the claim, in that case a real hassle to argue it out.

    • CodeXD on 22/11/2023 - 11:47
      +1

      Make sure you look at the criteria for eligible spend. For example bpay from ANZ online portal will not count towards the $5k spend.

      I have been using zip pay billpay for this which does count towards eligible spend.

      • RQNinja on 24/11/2023 - 02:32
        -1

        So pay bill with zip then pay off with credit card, is it worth the 2.50$ zip fee which is more than any regular credit card surcharge from sniip .maybe?

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