How much are your ANZ reward points worth? Let’s find out. You get points for every purchase you make with ANZ Reward, a loyalty program from the bank.
Using this program, you may earn rewards points that can be redeemed for items like travel vouchers, cashback, and gift cards, all thanks to big banks like Westpac and Citibank.
But how much do these points really mean? Suppose a 1,000-point game is worth $100.
What Are the Values of ANZ Reward Points?
If your ANZ points earned you cash, you could exchange up to 15,000 points for $100 or 12,500 points for $50. To put it another way, 250 points is equal to $1.
Australia and New Zealand Group, a financial and banking Service Company headquartered in Melbourne, Australia, introduced ANZ rewards points.
Many credit cards are available from the banks, including ANZ rewards cards and Qantas frequent flyer cards.
You can sign up for one of the reward credit cards and earn points based on how much you spend throughout a statement period.
What Are the ANZ Points-Earning Credit Cards?
The credit cards issued by ANZ are as follows: you get different reward points for your purchase with these cards. These points depend on how much you spend per statement period.
ANZ Rewards Travel Adventures: This card can earn you 0.5X to 1.5X reward points. This card covers your travel and shopping expenses through complimentary insurances and a customizable Rewards program with no foreign transaction fees.
ANZ Rewards Black Card: With this card, you can earn 1X to 2X reward points. This card offers the highest earning potential as well as access to exclusive events and benefits.
ANZ Rewards Platinum Card: this card gives you between 0.5X and 1.5X reward points.
The platinum card offers you a versatile Rewards program that includes complimentary insurances and Personal Concierge services in addition to being rewarded for regular transactions.
ANZ Rewards Card: With this card, you can earn between 0.5X and 1X ANZ reward points. Aside from being rewarded for your daily purchase through the card, you also get different options to redeem your points, like gift cards or rebates.
How Much Are ANZ Qantas Points Worth?
If you become a member of the Qantas Frequent Flyer program, you may use your Qantas Points to get a variety of travel-related incentives when booking flights.
Qantas points can be redeemed for a wide range of products, including electronics, home goods, fine wine, first-class upgrades, vehicle rentals, and gold-class movie tickets, to name just a few.
All redemptions are not created equal since where you redeem your points and what you redeem your points for are two different things.
For example, a round-trip flight in economy class from Sydney to Perth costs 36,000 Qantas points. And because the total price was $533, the value of 1,000 points was $14.80.
You’ll need 180,000 Qantas points to fly from Sydney to Los Angeles for a round-trip economy ticket.
If you wish to buy something else, such as kitchenware or a gift card for someone, you’ll have to pay more.
For the most part, the more expensive an item or present is, the bigger number of points you’ll require.
The first time you sign up for ANZ Frequent Flyer Black, you’ll receive 100,000 Qantas points and a credit of $200.
ANZ Rewards
When it comes to ANZ Rewards, you’ll find a wide range of options, including gift cards, cinema tickets, and vacation redemptions, among others.
View the list of possible rewards for which you may use your Reward Points. For further information, visit the ANZ Rewards website
Redeeming your reward over the phone is also possible
Place a call to the ANZ Rewards Centre on 1300 367 763 for assistance, Monday through Friday 8 am-8 pm (AEST).
Do Reward Points expire after a certain period?
You only have 36 months from 31st December of the first year you receive the point. After that time, any unused Reward Points will be revoked.
However, if your Rewards account is closed, you have 90 days to redeem your Reward Points.
Conclusion
ANZ reward system helps users make a little incentive over their purchases. For every $1 you spend, you stand a chance of earning a reward point that you can later redeem over time into cash or other procurement.