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ANZ Rewards Travel Adventures Credit Card

My monthly spend: 
$5,000
 
offer
card features
rewards program
earn rate
sign up bonus
your earnings
One complimentary return domestic flight each year you hold the card with Virgin Australia when you spend $500 on eligible purchases in the first 3 months.^
No overseas transaction fee on purchases.
Two complimentary single entry Virgin Australia lounge passes each year you hold the card when you spend $500 on eligible purchases in the first 3 months.^^
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ANZ Rewards
ANZ Rewards
2 pts
per $1 spent
-

Pros & cons

What's good?

What's not so good?

One complimentary return domestic flight each year you hold the card with Virgin Australia when you spend $500 on eligible purchases in the first 3 months.^
No overseas transaction fee on purchases.
No overseas ATM withdrawal fee.
Two complimentary single entry Virgin Australia lounge passes each year you hold the card when you spend $500 on eligible purchases in the first 3 months. ^^
Complimentary Overseas Travel & Medical Insurance.†
Earn 2 pts per $1 spent on eligible purchases using your ANZ Rewards Travel Adventures American Express card.
Earn 1 pt per $1 spent on eligible purchases using your ANZ Rewards Travel Adventures Visa card.
The $225 p.a. annual fee.
It is not possible to balance transfer onto this card

Eligibility criteria, T&Cs, fees and charges apply.
^ Flight available to accountholder only. Flight restrictions apply.
^^ Passes available to accountholder only. Lounge conditions apply.
†Conditions, exclusions and limits apply. QBE Insurance (Australia) Limited ABN 78 003 191 035 has issued a group policy to ANZ, which eligible cardholders may be able to claim under. Consider the PDS at anz.com for eligibility and to see if this product is right for you.

Review

Our review of the ANZ Rewards Travel Adventures Credit Card

Travel now, and be rewarded with future travel. That’s the clear message attached to the new ANZ Rewards Travel Adventures Card.

Explore Australia, inspired by a free annual domestic return flight and two lounge passes and backed by domestic travel insurance and car rental insurance excess cover.

Globetrotters will be encouraged by complimentary international travel insurance, a platinum concierge service, surcharge-free foreign transactions and overseas ATM withdrawals exempt from cash advance fees.

And every dollar spent on these enterprising journeys earns ANZ Rewards points to make your next travel project more affordable.

Two cards to maximise points earning

Your card account comes with an AmEx/Visa card combination. Use your AmEx card wherever it is accepted, to take full advantage of its higher points earning rate. Bring out your Visa card whenever Amex is declined or attracts a surcharge. The earning rates on purchases are:

  • 2 pts per $1 spent on the AmEx card, uncapped
  • 1 pt per $1 spent on the Visa card, uncapped

Earn even more points with bonus partners

Boost your points earning by directing your expenditure towards ANZ Rewards program partner businesses. Stamford Hotels, for example, will give you an extra 2 pts per $1 spent on both the AmEx and Visa cards. Book online at Hoyts to score an extra 1.5 points per dollar on the Visa card. Visit Queensland using your free flight and get a 2.5 points per dollar boost when you visit Dreamworld or WhiteWater World. More bonus points are available at Prouds, Adairs, ACE Insurance and the ANZ Rewards Travel Service.

Redeem points for travel, entertainment, gift cards and merchandise

Travel is this card’s number one priority, and you’ll probably get the most cost-effective return for your points by redeeming them for air travel options. There are plenty of other choices, however, and here are some of them:

  • Convert ANZ Rewards points to Virgin Australia Velocity points, at the rate 2 ANZ Rewards points = 1 Velocity point
  • Convert ANZ Rewards points to Singapore Airlines or Asia Miles (Cathay Pacific) points, at the rate 3 ANZ points = 1 airline point
  • Convert ANZ Rewards points to Air New Zealand Airpoints at the rate 3,000 ANZ Rewards points = 15 Airpoints dollars
  • Use your points to book domestic and international flights, hotel accommodation and holiday packages
  • Redeem points for a gift card to use at major Australian retailers, starting at 4,445 points for a $20 card
  • Take in a movie – 5,800 points for two Hoyts adult passes
  • Get a cashback to your credit card account – 12,500 points per $50
  • Exchange points for merchandise from the ANZ Rewards online catalogue

If you don’t have quite enough points for your chosen redemption you will often be able to choose Points + Pay, and pay the balance in cash. Want to stick to the same redemption permanently (e.g. converting to points with a specific airline)? In this case you can set up an auto-redemption, and ANZ will take care of it for you until you advise them you want to change.

Free domestic return flight every year

It’s a travellers card, and travellers can explore Australia with a complimentary domestic return flight every year. Just spend $500 in the first three months after card approval, and after that you will automatically qualify for a free Virgin Australia domestic return flight annually.

From Sydney, for example, you could fly to a long list of eastern seaboard destinations, plus Adelaide, Perth, Darwin and Ayers Rock. You need to book your flight at least 60 days before you plan to travel. Unused flight entitlements will expire: they cannot be carried forward to the following year.

Two complimentary single-entry lounge passes, every year

To make your domestic air travel a relaxing experience, ANZ are also offering two free single-entry passes to Virgin Australia domestic lounges, again annually. These normally cost $65 each, so together they are worth $130 in any year that you use them. Once again, the entitlement expires in any year that it is not used. Since the lounge passes themselves are valid for 12 months once they are issued, you may as well apply for them as soon as they become available each year.

No foreign transaction fees

For overseas purchases, most credit cards charge a foreign transaction fee of 2-3% on top of the purchase amount, after it has been converted to Australian dollars. In fact, even if the original purchase was made in Australian dollars, the fee is still levied if the transaction was made from an overseas vendor, or processed overseas.

So the absence of any foreign transaction fee on this card is a boon for both travellers and online shoppers. While the percentage sounds small, the dollars can soon add up if you plan to use your card on an extended overseas trip, and a 3% surcharge can easily make the difference between an online bargain and a price that is no better than average.

Waived cash advance fee at overseas ATMs

Using your credit card to withdraw cash while travelling overseas is not the smartest thing to do, since you’ll immediately start paying interest on the amount withdrawn: there are no interest-free days with cash advances. But in an emergency situation you may need to use this line of credit, and it’s comforting to know that if you’re withdrawing cash from an overseas ATM, ANZ will waive the normal 2% cash advance fee that applies in Australia.

Complimentary insurance for the traveller and the shopper

Travellers and shoppers can use the card with confidence, secure in the knowledge that they are protected by seven built-in insurance policies:

  • Overseas travel insurance: covering emergency medical expenses, luggage, unavoidable cancellation, delay, missed connections, rental vehicle excess waiver and more, for cardholders and their families
  • Interstate flight inconvenience insurance: similar cover to the overseas travel insurance, but excluding medical expenses
  • Transport accident insurance: providing cash compensation for loss of life, limb or eyesight as a result of an accident while travelling as a passenger on public transport or a commercial airline
  • Rental vehicle excess cover in Australia: removing the need to insure against the collision excess for cars rented in Australia. It’s a stand-alone policy, and not part of a travel insurance policy (i.e. you could rent the car while remaining at home – very few credit cards have this type of cover).
  • Purchase protection insurance: 90 days of cover against loss, theft or accidental damage for new items purchases using the card
  • Extended warranty insurance: doubling the manufacturer’s Australian warranty on items purchased with the card, up to a maximum of 12 extra months
  • Best price guarantee scheme: providing reimbursement of the price difference if you discover a printed advertisement for a recently-purchased item, offered at a much lower price

Cover is activated by purchasing the item or paying fares with the card, except in the case of overseas travel cover, which is triggered by using the card for at least $250 of the trip’s prepaid expenses (a very moderate requirement when compared with many other cards).

Platinum benefits

Since this is a platinum card account, it comes with some other useful features:

  • 24/7 global concierge service: local knowledge and help when you need it, with travel, entertainment and dining information and bookings
  • Visa Premium: special events, discounts, and concert tickets before they go on sale to the general public
  • AmEx Connect: access to reserved tickets, plus constantly changing retail cashback offers e.g. spend $100 with a specific retailer, get $20 back

Fairly standard interest rates

There’s nothing remarkable about the credit-card-typical interest rates attached to this card. The ongoing purchase interest rate is 20.24% p.a. Avoid it by taking full advantage of the Up to 55 days on purchases each month, and always paying the account balance in full on or before the due date for payment. Sidestep the 21.74% p.a. cash advance rate by never using your credit card for a cash advance. (Look for another way with a lower interest rate.)

There are no introductory discounted interest rates for either purchases or balance transfers. In case you hadn’t noticed, it’s all about travel.

Security and the latest apps

Your card will be protected by up-to-the-minute safety features, and powered by the newest mobile finance apps.

Suspicious transactions are monitored by ANZ Falcon, and you’ll be alerted if they occur. If they turn out to be fraudulent, and not your fault, you’ll be protected by the ANZ Fraud Money Back Guarantee. Should your card be lost or stolen, you can rely on worldwide emergency credit card replacement.

Got an iPhone or Android mobile device? Then you can use ANZ goMoney to view your account status and transaction history. Plus you can download ANZ Mobile Pay or ANZ with Apple Pay to use your compatible device to tap and pay (instead of having to drag your card out of your wallet). You get just the same guarantee of security as you would if you used your plastic card.

And never miss a payment due date again. Just set up Card Pay Direct to have a set amount, or the account closing balance amount, or the minimum monthly repayment, deducted from your account with any Australian financial institution.

$225 p.a. annual fee

The annual fee of $225 p.a. (plus $65 p.a. each for up to 9 supplementary cards) is certainly not a small sum. But it is more than realistic for a rewards card with every type of credit card complimentary insurance. Cards which include all seven standard credit card insurance policies are often more expensive than this.

In fact, the fee is more than offset by the annual free flight and lounge passes. Even if you only fly between Melbourne and Sydney, the return flight is probably worth at least $180. Add $130 worth of lounge passes, and you’re well ahead before even starting to factor in the value of rewards points and insurance.

Any competition?

This is a unique bundle of benefits, so it’s difficult to assess where the competition lies.

The American Express Velocity Platinum Credit Card has the same free Virgin flight and lounge pass benefits, but less insurance cover and the disadvantage of a 3% foreign transaction fee and a very high $349 p.a. annual fee.

The Coles Rewards MasterCard $89 p.a. and the 28 Degrees MasterCard ($0 p.a. annual fee, no rewards points) are both free of foreign transaction fees, but they also come with no complimentary insurance attached.

A card for the domestic traveller

In spite of the international travel insurance and the absence of a foreign transaction surcharge, this is a card most suited to the regular domestic traveller, and perhaps only occasional overseas adventurer. The auto-redemption facility can effectively make it a Velocity points card for Virgin frequent flyers, with the extra flexibility of other redemption types if required. Add in the free flight, lounge passes, domestic travel insurance and stand-alone rental vehicle excess cover, and it’s clearly the ideal card for anyone who needs to travel in Australia for either business or leisure.

Q&As about the ANZ Rewards Travel Adventures Credit Card

Q: What are the terms & conditions of the ANZ Reward Program?

Reward Points and Bonus Reward Points accrue in accordance with the ANZ Rewards – Rewards Program Terms and Conditions (please call 13 13 14 for a copy). Purchases exclude cash and cash equivalent transactions. This Reward Points information displayed on this page applies to new customers only. Existing customers may be subject to a different Reward Points earn rate on both their ANZ Rewards American Express card and/or ANZ Rewards Visa card. Existing customers should call 13 22 73 for information regarding the Reward Points earn rate that applies to their account.

User reviews

3.3 out of 5.0 based on 1 review100% of reviewers would recommend this card.

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Disclaimer: The opinions expressed about credit cards are the reviewer's alone, and do not reflect the views of Credit Card Compare or the credit card issuer. Reviews have not been approved or otherwise endorsed by Credit Card Compare.

Free flight every year

Reviewed and recommended by Qi-long on 23 Sep 2016

A free domestic return flight each year after spending $500 is a good starting point.

Rewards earning rates are OK. You get points to convert to Virgin or Krisflyers, nothing fancy. If you travel overseas a lot, you get the currency conversion fee waived.

The $220 annual fee is expected for this type of credit card.

Basic details

About this card

Card setup
Dual Card
Card tier
Platinum
Card type
Visa & AmEx
Card use
Personal
Credit rating
Good
Gambling transactions allowed
No
Joint application
No
Minimum age
18 years old
Minimum income
$35,000
Minimum income for pensioners
Same as standard
Pensioners
Rewards program
ANZ Rewards
Temporary residents
Yes

Cardholders

Additional cardholders
9
Additional card fee
$65 p.a.

Credit limits

Minimum credit limit
$6,000
Maximum credit limit
N/A

Repayments

Interest charged from
Purchase date
Interest free period
Up to 55 days on purchases
Minimum repayment
2%

Rates & fees

Ongoing interest rates

MonthlyAnnually
Cash advances 1.81% 21.74% p.a.
Purchases 1.69% 20.24% p.a.

Fees

Annual fee
$225 p.a.
Cash advance fee
2%
Dishonour fee
$6
Duplicate statement fee
$0
Foreign exchange fee
0%
Late payment fee
$20
Over limit fee
$20
Overseas ATM balance fee
$0
Overseas ATM withdrawal fee
$0
Overseas emergency card replacement fee
$0
Transaction verification fee
$0

Rewards

Where will your points take you?

Points:
 
Trip:
Origin:
    Rewards program:
      Class:

        Cool stuff you can get with your points

        Disclaimer: Does not include taxes, fees, or charges. Accurate as of 25th January 2016.

        Rewards program basics

        First purchase bonus
        N/A
        Reward points expiry
        N/A
        Rewards program
        ANZ Rewards
        Sign up bonus
        N/A
        Spend required for bonus points
        N/A

        Earning points with this card

        Frequent flyer points (amex)
        2 pts per $1 spent
        Frequent flyer points (visa)
        1 pt per $1 spent
        Overseas earn rate (amex)
        Same as standard earn rate
        Overseas earn rate (visa)
        Same as standard earn rate
        Points cap per month (amex)
        Unlimited
        Points cap per month (visa)
        Unlimited
        Points cap per year (amex)
        Unlimited
        Points cap per year (visa)
        Unlimited
        Reward points (amex)
        2 pts per $1 spent
        Reward points (visa)
        1 pt per $1 spent

        Additional benefits

        Airport lounge access
        Yes
        Complimentary flight voucher
        Yes
        Concierge service
        Yes

        Benefits

        This card comes with benefits worth an estimated $1,801

        ShoppingEstimated value
        Extended warranty
        Valuation based on the assumption of making a $250 claim once every 5 years. There is no retail market for all-encompassing extended warranty insurance covering more than one item, so no premium saving.
        $50
        Guaranteed pricing / price protection insurance
        Valuation based on the assumption of making a $100 claim once every 10 years. Extensive conditions apply. There is no retail market for this type of insurance, so no premium saving.
        $10
        Purchase protection
        Valuation based on the assumption of making a $200 claim once every 5 years. There is no retail market for this type of insurance, so no premium saving.
        $40
        Travel
        Airport lounge membership and/or access
        Valuation based on two single entry passes to Virgin Australia lounges.
        $130
        Free flights
        Valuation based on a Virgin Australia domestic Saver Fare return flight from Sydney to Melbourne.
        $298
        Interstate flight inconvenience insurance
        Valuation based on similar domestic travel insurance policies available online that include interstate flight inconvenience.
        $290
        Overseas travel insurance
        Valuation based on similar annual travel insurance policies available online for trips of up to 60 days.
        $801
        Rental vehicle excess cover (separate from travel insurance)
        Valuation based on similar rental vehicle excess insurance policies available online.
        $32
        Transit accident insurance
        Valuation based on similar global transit accident insurance policies available online.
        $150
        Total estimated value$1,801
        Annual fee$225
        Net customer value$1,576
        Disclaimer: Details of who, what, and where coverage applies to, as well as its duration and any coverage limitations will be listed in the credit card insurance product disclosure statement (PDS) on the card issuer's website. The names/labels of complimentary insurance products may differ from one issuer to another. Terms and conditions apply. Always check the insurance PDS when considering a financial product. Accurate as of 31st October 2015.

        Minimum criteria for this card

        What you need before applying

        Be over 18 years old
        You are a resident or citizen of Australia
        Earn a regular income of more than $35,000 per year
        Have a good credit history
        You have your personal details ready to complete the online application
        Have not applied for multiple credit cards recently
        Joint applications are not allowed
        Temporary residents are eligible
        Age Pension, Disability Pension and Veteran's Pension are acceptable.
        Overseas Pension and Widower's Pension are not acceptable.
        Family Tax Benefits and Parenting Payments is acceptable.
        Austudy, Foster Care Allowance and Youth Allowance are not acceptable.
        Disclaimer: The minimum criteria pointers are intended only to be a guide. Your application may still be rejected by the bank even if you can answer 'Yes' to all the minimum criteria. The final decision regarding your application is up to the bank.

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