If you’re after a flexible rewards credit card then you’re in luck – the ANZ Rewards credit card not only allows you to redeem points for free flights, but can also be used to claim free shopping vouchers, gifts, hotels, restaurants, and much more. If you want to be rewarded for your shopping, and want to feel less guilty splashing the cash, then look no further.

The Card’s Best Features

The Rewards card from ANZ also comes with an American Express credit card, all on the same account. The Visa card allows you to collect 1.5 points for every $1 spent and the Amex pays out at the rate of 2 points for each $1. You can earn points on everyday purchases – there’s no restrictions on where you can collect points – so long as the shop accepts Visa or American Express then you will be credited. Spending your reward points is just as easy as collecting them, with a host of services and products to choose from – you won’t be stuck for choice. If you want to maximise the number of points you collect, then you can add up to three additional cardholders to your account.

One of the best features of this card is that points can be redeemed for any flight, on any airline, at any time. All too often rewards programs limit the seats that you can book to an inconvenient time on select days, so this is a very welcome change. The fact that you are free to redeem points for flights with any airline is another positive feature, giving you even greater freedom.

Not only do you get access to ANZ’s fantastic reward scheme, but you can also benefit from exclusive offers with the American Express Selects club – giving you access to a host of one-off deals and discounts. And that’s not all, you also get free access to Visa Entertainment, a members-only club, allowing you to take advantage of exclusive access to special events, merchandise packages and home entertainment products.

The ANZ Rewards card currently offers a competitive balance transfer deal of – for -. It may not be 0%, but it’s bound to be a lot less than the standard rate of interest on your current credit card.

Are There Any Drawbacks?

The standard ongoing purchase interest rate for the ANZ Rewards credit card is quite high, coming in at 19.74% p.a. There’s also no introductory period on purchase, which may put off those of you looking to save some money for a few months.

Having said that, the card does comes with up to 44 days interest free on all purchases and has a very low annual fee of just $89 p.a., which is very low for a rewards card.

Who Would be Suited?

The ANZ Rewards card is ideal for frequent travellers and those of you who like to spend! If you fly regularly, or simply want to be rewarded for paying on plastic – then this card is for you. The Rewards card comes with a low annual fee, making it suitable for most people – just ensure you’re spending enough to make the most of the rewards scheme!

Who is Eligible?

In order to take advantage of the ANZ Rewards account, you will have to be 18 years or older, and be earning $50,000 or more. The credit limit ranges from $1,000 – $15,000, but will be dependent on your personal financial circumstances.

Conclusion

If a holiday or some new shiny gadgets, courtesy of ANZ, sounds like your thing, then look no further then the Rewards credit card. With no cap on the number of points you can earn, it’s only a matter of time before you can treat yourself!