Gift card value
$301 after fees
$400 in Woolworths gift cards · 85,000 ANZ points · spend $3,500 in 90 days
Available
I'd like to use my bonus for:
$400 in Woolworths gift cards (88,910 of 90,250 ANZ points; 1,340 left over) − $149 card fee. Assumes you earn the bonus and pay in full; extra spend or interest changes the outcome.
These terms are currently available (site published 12 Oct 2026).
What this calculation assumes
- You make the required purchases and the bonus is paid.
- You pay the balance in full — any interest changes the outcome.
- The required spend is ordinary planned spending, not extra cost.
- Gift-card rates are the recorded redemption catalogue, rechecked at renewal.
Did this help you make a decision?
Can I get this?
This is a public offer.
Can I get this bonus if I have held a card before?
You are not eligible for these offers if you currently hold or have held an ANZ Rewards or ANZ Frequent Flyer credit card in the last 24 months. The holding period is 24 months, measured from the last date you held a covered card. An open covered card blocks the bonus.
See exclusion periods for every Australian issuer →What must I spend?
$3,500 within 90 days — about $1,167 per month. The terms on this page don't record when the clock starts or how long the bonus takes to arrive after you qualify — check the issuer terms for both.
Can I get the card?
$6,000 minimum credit limit — a lending commitment, not a reward fact.
No minimum income recorded — this does not mean there is none.
Lending approval is separate from bonus eligibility: approval gets you the card, the conditions above get you the bonus.
How long is this available?
No recorded end date — this does not mean it never ends. Availability is rechecked against the issuer page.
What else makes the card useful?
Reward use
Ways to turn points into value.
- Points Transfer Benefits Compare across cards →ANZ Reward Points transferable to partner programs: Velocity, Asia Miles, KrisFlyer, Airpoints Dollars, Everyday Rewards and World360 Rewards
Check membership, transfer ratios, minimums, and fees before choosing gift cards or flights.
More detailsLess details
ANZ Reward Points transferable to partner programs: Velocity, Asia Miles, KrisFlyer, Airpoints Dollars, Everyday Rewards and World360 Rewards
No source recorded for this benefit.
Purchase protection
Cover on things you buy with the card. Limits, excesses, and activation conditions apply.
- Purchase Protection Insurance Compare across cards →Covered items bought on the card against theft, accidental damage or permanent loss for 90 days from possession; up to $10,000 per item ($3,500 for jewellery, watches and new works of art), max $135,000 per card account in any 12 months
Check the cover period, the card-payment condition, claim limits, and excess.
More detailsLess details
Covered items bought on the card against theft, accidental damage or permanent loss for 90 days from possession; up to $10,000 per item ($3,500 for jewellery, watches and new works of art), max $135,000 per card account in any 12 months
- Extended Warranty Insurance Compare across cards →Extends an eligible item's manufacturer's Australian warranty by the same period for up to one year (no cover if the manufacturer's warranty exceeds five years); up to $10,000 per item and per card account in any 12 months
Check how much extra cover it adds, which warranty lengths qualify, limits, and excess.
More detailsLess details
Extends an eligible item's manufacturer's Australian warranty by the same period for up to one year (no cover if the manufacturer's warranty exceeds five years); up to $10,000 per item and per card account in any 12 months
Travel
Travel cover and perks. Most need qualifying bookings or payment with the card.
- Travel Insurance Compare across cards →Up to $20,000,000 cover · trips up to 90 days
Check the cover period, the activation condition, and who counts as an insured person.
More detailsLess details
Complimentary international travel insurance for ANZ Platinum cardholders for trips up to 3 consecutive months when at least $250 of prepaid travel is charged to the card and a return overseas ticket is held; up to $20 million overseas emergency medical and assistance. Domestic travel insurance also available for up to 28 days per journey.
- Rental Vehicle Insurance Compare across cards →Rental vehicle excess cover in Australia for damage or theft up to $5,000 per cardholder or spouse, plus up to $750 for return of the rental vehicle
Check overseas rental excess separately from Australian cover, plus limits and activation for each.
More detailsLess details
Rental vehicle excess cover in Australia for damage or theft up to $5,000 per cardholder or spouse, plus up to $750 for return of the rental vehicle
Account management
Tools for running the account — repayment helpers, not reward value.
- Concierge Service Compare across cards →24/7 personal concierge for domestic and international restaurant and hotel bookings, gift ideas and travel recommendations; call 1300 580 765 or +61 2 7907 0805
More detailsLess details
24/7 personal concierge for domestic and international restaurant and hotel bookings, gift ideas and travel recommendations; call 1300 580 765 or +61 2 7907 0805
No source recorded for this benefit. - Digital Wallet Integration Compare across cards →Compatible with Apple Pay, Google Pay, Samsung Pay, Fitbit Pay and Garmin Pay on eligible devices
More detailsLess details
Compatible with Apple Pay, Google Pay, Samsung Pay, Fitbit Pay and Garmin Pay on eligible devices
No source recorded for this benefit. - Digital Card Issuance Compare across cards →Digital cards available for use in a digital wallet; replacement digital cards faster than postal delivery
More detailsLess details
Digital cards available for use in a digital wallet; replacement digital cards faster than postal delivery
No source recorded for this benefit. - Interest Free Periods Compare across cards →Interest-free period of up to 55 days on the Purchases balance when the full Closing Balance (or Adjusted Closing Balance) is paid by the Due Date each statement period
Interest-free terms change often — confirm the current days with the issuer before applying. This recorded term may be out of date.
More detailsLess details
Interest-free period of up to 55 days on the Purchases balance when the full Closing Balance (or Adjusted Closing Balance) is paid by the Due Date each statement period
- Installment Plans Compare across cards →ANZ Instalment Plan at Checkout lets eligible purchases be split into 3, 6, 9 or 12 monthly instalments; where a Setup Fee applies the plan interest rate is 0% p.a. for the plan period
Check applicable charges and eligibility — a repayment plan, not reward value.
More detailsLess details
ANZ Instalment Plan at Checkout lets eligible purchases be split into 3, 6, 9 or 12 monthly instalments; where a Setup Fee applies the plan interest rate is 0% p.a. for the plan period
- Buy Now Pay Later Compare across cards →Buy Now Pay Later Plan requires no repayment of an agreed amount and charges no interest on that amount for a specified period
Check applicable charges and eligibility.
More detailsLess details
Buy Now Pay Later Plan requires no repayment of an agreed amount and charges no interest on that amount for a specified period
- Balance Transfer Offers Compare across cards →Promotional Balance Transfer Plan available with an interest rate or terms differing from the standard balance transfer rate; transfers accepted from eligible non-ANZ Australian credit and store cards
Check the rate, period, revert rate, and fees.
More detailsLess details
Promotional Balance Transfer Plan available with an interest rate or terms differing from the standard balance transfer rate; transfers accepted from eligible non-ANZ Australian credit and store cards
Should I keep it after the first year?
Renewal costs $149 each year ($149 annual fee) — first year was $149.
Second year pays 40,000 ANZ points if you still hold the card into year two. The recorded terms don't detail the exact second spend hurdle — check the issuer terms before counting on it.
Ongoing earn: 1.50x ANZ points per $1.
Keeping pays off only if you meet the second-year conditions and use the points and benefits enough to cover $149/yr.
Year-two points aren't dollar-valued here: the redemption catalogue may change before renewal, so recheck the rate then.
Terms and evidence
Full current terms
Offer terms
First Year Points
85,000 points
ANZ
Second Year Points
40,000 points
With $149 annual fee
Minimum Spend
$3,500
within 90 days (about 3 months)
Cash Bonus
Ongoing Earn Rate
1.50x points per $1 spent
Fees
First Year Annual Fee
$149
Ongoing Annual Fee
$149
From year 2 onwards
Purchase Interest Rate
22.49% p.a.
The value above assumes you pay in full and never pay this. Any interest changes the outcome.
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.
Benefit history (8 changes)
- Travel InsuranceUpdated May 2026
Now Up to $20,000,000 cover · trips up to 90 days.
- Digital Wallet IntegrationUpdated May 2026
- Shopping BenefitsRemoved May 2026
- Balance Transfer OffersUpdated May 2026
- Concierge ServiceUpdated May 2026
- Buy Now Pay LaterUpdated May 2026
- Extended Warranty InsuranceUpdated May 2026
- Purchase Protection InsuranceUpdated May 2026
Offer terms history
These are published versions of this offer's terms. Each version preserves the conditions available at that time.
Published 12 Oct 2026
Availability changed from ended to available; conditions unchanged.
Changes from terms version 4
Changes from terms version 3
Changes from terms version 2
Changes from terms version 1
First recorded terms
Captures behind the selected terms record — evidence for these terms, not a complete history of the named offer.
Archived notes
Earlier notes about this offer, kept as an archive — not current terms. Note dates are separate from terms publication dates.
- Bonus changed from 80K to 100K2 years ago
- Annual Fee from $95 to $94, Second Year Annual Fee from 95 to 94, Program fee added $553 years ago
- Bonus increased from 50k to 90k and $50 credit added, spend increased from $1500 to $20004 years ago
- First year annual fee increased from $0 to $954 years ago
- Bonus decreased from a $500 gift card to 50,000 points. Overall profit reduced from $500 to $220.5 years ago
Discussion
About the current terms (published 12 Oct 2026).
Community and personal tools
Track this card, or suggest a correction. Sign-in required.