The ANZ Rewards Travel Adventures credit card is currently offering new applicants 80k bonus Velocity Points after spending $1500 on the card in the first 3 months, along with the following features:
- 1.5 Rewards Points (0.75 Velocity Points) for each $1 spent per statement period up to $2000, and then 0.5 Rewards Points (0.25 Velocity Points) above $2000 each statement period
- Complementary return domestic flight with Virgin Australia each year the card is held
- Two Virgin Australia lounge passes each year
- No overseas transaction fees on purchases (wow!)
- Complementary travel insurance
- Annual card fee of $225
View more information on the ANZ website.
Regular earn rate
The ANZ Rewards Travel Adventures card is unique in that it doesn’t charge foreign transaction fees and also allows you to convert your Rewards Points into Velocity Points, KrisFlyer Miles, AsiaMiles or Air New Zealand Airpoints Dollars. These benefits are clearly aimed at regular travellers and give great flexibility in redemption options. Unfortunately, the earn rate isn’t anything too exciting.
|Per $1 spent, up to $2000||0.75||0.5||0.5||$0.0075|
|Per $1 spent, above $2000||0.25||0.16||0.16||$0.0025|
Return domestic flight
Clearly aimed at regular travellers, the card offers a complimentary return domestic airfare with Virgin Australia each year the card is held, once an initial $500 spend has been met.
The flight must be booked with at least 60 days advance notice and doesn’t cover every Virgin Australia port in Australia. A map is available on the ANZ website. Overall, it’s great to see Perth flights included, as this offers great value for $225 return. Unfortunately the flights also don’t include Velocity Points or Status Credits.
I signed up to this card two weeks ago. Overall, I think it’s a no brainer given that the $225 annual fee includes a return flight and 80k Velocity Points. After the initial bonus period, I think the card will still be good for booking overseas hotels and flights. I usually put international expenses through my 28 Degrees to avoid foreign transaction fees so it’ll be nice to still be able to earn points on these transactions. I would be hesitant to put anything more than $2k per month through the card, as the earn rate drops substantially after this point.