The ANZ Frequent Flyer Visa credit card is a useful card for travellers, with a great introductory interest rate, a wide range of opportunities to earn points and some good free extras too. This is a particularly useful card for anyone looking for a lower-cost frequent flyer card with good security extras and perhaps even an account that allows multiple card holders.

Frequent Flyer Points

Although one account, the ANZ Frequent Flyer credit card comes in two versions: American Express, which is accepted at fewer locations but lets you earn more QFF points and Visa, which is much more widely accepted but rewards your spending at a lower rate. Together it is possible to earn Qantas rewards points on practically all your purchases. ANZ Frequent Flyer Visa credit cardholders can earn one point per dollar on spending with the American Express branded version and one QFF point for every $2 spent withe Visa branded version. Those points are unlimited, have no expiry date, and can be redeemed with Qantas Airways. Any points earned with your ANZ Frequent Flyer credit card are automatically credited to your Qantas Frequent Flyer account every month, making account administration more straightforward.

Other Rewards

The ANZ Frequent Flyer Visa card comes with some great rewards. The partnership with Visa Entertainment means that cardholders have access to special events, exclusive merchandise packages and home entertainment products provided by the group. This can help to save money on entertainment and leisure products, which are some of the most expensive goods and services that consumers spend on. You also get access to a range of exclusive offers in the American Express Selects program.

Pros

The 19.74% p.a. interest rate on this card is not extortionate, which is another bonus. However, cardholders who pay their balance off at the end of the month can take advantage of the interest free period, meaning you won’t have to pay any interest. There are some great advantages for the security conscious card user. The ANZ Frequent Flyer Visa credit card comes with ANZ Falcon, which provides around-the-clock monitoring for suspicious transactions, and Secure Sentinel, as well as worldwide emergency replacement for the card.

Additionally, customers can add up to three extra card holders to the account, meaning that families can use the same ANZ Frequent Flyer credit card account with far less hassle, and the extra card holders’ spending also helps to build more points at a faster rate. On top of all this, card holders have access to eDine, ANZ Wine Club, and ANZ Car Rental Cover.

Lastly, there is usually a membership fee incurred when signing up for a Qantas Frequent Flyer account. However, this $82.50 charge is waived when you sign up through ANZ.

Cons

There are some disadvantages with this card. There is an annual fee ($95 p.a.), which is not as high as those on some other frequent flyer cards, but is still an extra cost, whereas some cards such as the Qantas American Express Discover and American Express Gold Ascent are free.

Another disadvantage concerns the less than amazing flat rate of rewards earned with the Visa ANZ Frequent Flyer credit card. Considering that Amex is accepted at fewer locations, you’ll most likely use your Visa card more often and therefore miss out on the higher rate of rewards. However, this is a problem with many frequent flyer cards and is circumvented by the provision of a somewhat less potent, but more widely accepted Visa or MasterCard alternative, in this case a Visa branded card. You may earn fewer points with the Visa version of your ANZ Frequent Flyer credit card, but at least you’re still earning QFF points.

Eligibility

To be eligible for the ANZ Frequent Flyer Visa credit card, applicants must be aged 18 or over and be a permanent Australian resident or citizen. ANZ look for a minimum income of at least $15,000 and you’ll need a good credit rating without any defaults on payments.

Is This Card Right For You?

Even with its annual fee, the ANZ Frequent Flyer credit card is a relatively cheap and attractive option with a great deal of useful features that make travel, in particular, less stressful and much more rewarding. If you are satisfied that this card offers what you want and you meet their relatively low requirements, then apply now to start earning QFF rewards.