ANZ Rewards Points Value: How Much Are They Worth?

Rewards Value Calculator
Calculate the cash value of ANZ Rewards Points and get the list of redemption options and transfer partners.
Last Updated 2021-08-28

ANZ Rewards Points have an average value of 0.4 cents each. They can be redeemed for cash back and gift cards as well as be transferred to several frequent flyer programs.

Redeeming ANZ Rewards Points

ANZ Rewards Points can be redeemed for cash back and gift cards. You can also transfer your points to frequent flyer points for a chance at even more value.

Cash Back

ANZ Rewards Points can be redeemed for cash back at the rate of 1,250 ANZ Rewards Points for a $5 reward. This reward can be used to reduce the balance of your ANZ Rewards credit card or be added to an eligible ANZ bank account.

Points can be redeemed in increments of 1,250 points. Redemption time is 2 business days.

Gift Cards

ANZ Rewards Points can be redeemed for digital gift cards at a value of around 0.44 cents each. Redemptions start as low as 2,300 Rewards Points for a $10 gift card.

The value and exact redemption values will vary depending on the gift card.

Transferring ANZ Rewards Points

ANZ Rewards Points can be transferred to few frequent flyer programs.

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Use the ANZ Rewards Point Transfer Calculator to calculate the conversion of ANZ Points to Frequent Flyer Points and Airmiles.

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ANZ Rewards Points Value Calculator

Use the ANZ Rewards Points Value Calculator to calculate the cash value of ANZ Points based on the redemption values listed.

Enter any amount of points to calculate the dollar value.
Points
Redemption options Average value
Transferring To Partners< $0 - $0+
Cash Back $0
Gift Cards $0