⭐ Editor's Choice — Top Rated Pick
ANZ Frequent Flyer Black
📍 Available in: Australia
★★★★★ 4.8 / 5.0
The ANZ Frequent Flyer Black consistently ranks as one of the highest-value Qantas Points sign-up cards in Australia. It pairs a 130,000 Qantas Points welcome bonus with a $200 statement credit back (reducing the effective first-year $425 annual fee to $225), 1.0 Qantas Point per $1 spent up to $7,500/month, and 2 complimentary Qantas Club domestic lounge invitations each year.
Key Facts at a Glance
| Cost / Fee Structure | $425 AUD ($200 Back in Year 1 = $225 Net) |
| APR / Rate | 20.24% p.a. Variable |
| Sign-Up Bonus / Match | 130,000 Qantas Points + $200 Cashback ($5k Spend in 3 Mos) |
| Credit / Eligibility | Good Credit ($75k+ AUD Income) |
Pros & Cons
✓ Pros
- ✓130,000 Qantas Points is enough for a one-way Business Class Classic Flight Reward from Sydney to London or Tokyo
- ✓Generous $7,500/month full-earn cap before the rate steps down to 0.5 points/$1
- ✓Lower $225 net first-year cost after the $200 cashback credit
✕ Cons
- ✕24-month exclusion period if you have held another ANZ Frequent Flyer card in the past two years
- ✕3.00% foreign currency conversion fee on international purchases
Key Features
1.0 Qantas Point Per $1 AUD Spent Up to $7,500/Month (0.5x Thereafter)2 Complimentary Qantas Club Lounge Invitations Every YearComplimentary International Travel & Rental Vehicle Excess InsuranceUncapped Points Potential with Free Additional Cardholders
Compare ANZ Frequent Flyer Black Side-by-Side
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