ANZ Rewards Platinum Velocity Offer

$94 first year annual fee
$55 reward program fee
70,000 points
$6,000 min limit
0.75 points per dollar
Spend $2,000 in 90 days

Offer Details

Low FeeOffer Ended

First Year Points

70,000 points

Velocity

Second Year Points

30,000 points

With $94 annual fee

Minimum Spend

$2,000

within 3 months

0

Additional Cash Bonus

$50credited to your new card

Ongoing Earn Rate

0.75x points per $1 spent

Fees

First Year Annual Fee

$94

Ongoing Annual Fee

$94

From year 2 onwards

Program Fee

$55

Additional fee for reward program participation

Note: Additional fees may apply for cash advances, foreign transactions, overlimits, and late payments. Check the issuer's terms and conditions for complete fee details.

CraigCraig's Analysis
70,000 bonus + 1,500 from $2,000 spend
71,500 Velocity pts × 1.7¢/pt = $1,216
+ $50 cashback
− $149 first year fees
Est. profit $1,117

Bonus Difficulty

Easy

●○○

$22 per day required

First Year Cost

$149

annual fee + $55 program fee

Estimated Bonus Value

$1190

Based on 1.7000000000000002¢ per Velocity point

Earn Rate

Good

●●●○

0.75x Velocity points per $1

Did this help you make a decision?

$201 of profit after meeting spend requirements
+ $300 Coles gift cards
+ $50 credited to your new card extra bonus
- $94
annual fee

$100
x 3
in Coles gift cards, $300 total, with 7,111 points remaining.
OzBargain discussion for this card


History
7 Dec 2024
3 changes
Bonus:
70,000100,000
Bonus Cash Description:
Virgin Australia Travel Credit
Second Year Bonus:
30,0000
  • Expiration changed from 31/03/23 to no expiration, Bonus from 75K to 70K, Second Year Bonus from 0 to 30K, Spend For Bonus from $1.5K to $2K, Bonus Period from 90 to 90, Bonus Cash from 95 to 0, Bonus Description from Virgin Australia Travel Credit to NaN, Annual Fee from $95 to $94, Second Year Annual Fee from 95 to 94, Notes from 30 Velocity Status Credits to ""
    2 years ago
Craig

Something out of date? Let me know on Instagram, Facebook, or email and I'll fix it ASAP.

— Craig