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.
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 a handful of frequent flyer programs.
Use the ANZ Rewards Point Transfer Calculator to calculate the conversion of ANZ Points to airline miles.
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.
Redemption options | Average value |
---|---|
Transferring to airline partners | $0 - $0+ |
Redeeming for cash back | $0 |
Gift card redemptions | $0 |
How To Earn ANZ Rewards Points
ANZ offers four credit cards that you can use to earn points on everyday spending. If you're looking to get the most out of your local everyday spending, the ANZ Rewards Black credit card is a top choice, but if you plan on traveling internationally, you'll want to check out the ANZ Rewards Travel Adventures credit card.
Credit Card | Benefits | Annual Fee |
---|---|---|
|
$375 | |
|
$95 | |
|
$80 | |
|
$120 |