ANZ Travel Visa Signature Card: Is It Right For You?
ANZ Travel Visa Signature Card: Is It Right For You?
ValueChampion Rating 
UPDATE: ANZ Credit Cards are no longer offered in Singapore. Check out our top picks for the best credit cards.
ANZ Travel Visa Signature Card maximizes the award for every dollar spent in Australia or New Zealand, and for every dollar you spend to go to and fro these countries. We highly recommend this card for anyone who have to frequent Australia or New Zealand from Singapore. That could include expats from those countries who are living in Singapore or simply anyone whose job requires frequent trips between the islands. Outside of these two countries, ANZ Travel card also provides a top of the market miles award of 1.4 miles per S$1 spent. However, there are other travel rewards cards available that could be more suitable for you if you spend a significant amount of time in other countries.
Pros of ANZ Travel Card
- The highest mile award rate of 2.8 miles per S$1 spent in Australia or New Zealand, or on Qantas Airways and Jetstar Airways
- 1.4 miles for S$1 spent on everything else
- 2,000 bonus air miles when you spend S$500 on your card, and 10,000 bonus miles when you pay the annual fee to renew
- Unlimited lounge access around the world
Cons of ANZ Travel Card
- Outstanding benefits are limited to Australia and New Zealand
What makes ANZ Travel Visa Signature Card stand out
To put it simply, if you travel frequently between Singapore and Australia or New Zealand, this card is the best card for you to earn your air miles. Not only do you get 2.8 air miles for every S$1 you spend in Australia and New Zealand, you also get the same 2.8 air miles for every S$1 you spend with Qantas Airways or Jetstar Airways, the two flagship airlines of Australia. As long as most of your air travel is between Singapore and Australia/Singapore, It’s almost impossible to beat this kind of air mile award. On top of this generous reward, you also get 1.4 miles for every S$1 everywhere else, which is on par with some of the best offers in the country. As with most other mile programs, every mile is transferable 1 for 1 to Asia Miles or Krisflyer Miles, with a small fee of S$25.
However, if you don’t travel to Australia or New Zealand frequently (or if you also frequent other countries), there may be better cards out there for you. For instance, Citi PremierMiles Card rewards you 2 miles for S$1 spent anywhere overseas, not just in Australia or New Zealand. While ANZ Travel card still earns you a great flat rate of 1.4 miles on your local spend, it doesn’t make sense to use ANZ Travel card over other travel cards if you go to Hong Kong or Bali more frequently than Australia.
In terms of bonus, you get 2,000 bonus air miles when you spend $S500 on your card, and 10,000 bonus air miles when you pay your annual fee to renew your card. This isn’t a lot compared to bonuses from other cards like Citi PremierMiles, but it’s still a nice gesture from ANZ to welcome you onboard. Annual fee is relatively low at S$200, and is waived for the first year. Other unique perks include 5% petrol discounts at Caltex, as well as unlimited lounge access around the world at over 100 VIP airport lounges.
ANZ Travel Visa Signature Card's Features and Benefits:
- Annual Fee: S$200, waived 1st year
- APR: 25%
- Salary requirement: 60,000 for locals, 90,000 for foreigners
- 1.4 miles for S$1 spent everywhere
- 2.8 miles for S$1 spent in Australia and New Zealand, or on flights with Qantas and Jetstar
- 10,000 air miles upon annual card renewal
- 2,000 bonus miles for the first S$500 you spend
- Transferrable to KrisFlyer Miles or AsiaMiles for a fee of S$25 (takes 21 days) 1 for 1
- Complimentary Travel accident insurance
- Unlimited Lounge access at over 100 lounges around the world
- Visa Signature Privileges
- ANZ privileges at restaurants
- 5% petrol discount and $3 off for every $50 you spend at Caltex
How ANZ Travel Visa Signature Card compares with other cards
Read our comparisons of ANZ Travel card with other cards and learn what makes each card unique in their own way. We compare and contrast each card to highlight its uniqueness to help you identify the card that you need.
ANZ Travel vs Citibank PremierMiles
Citibank PremierMiles Card is a great middle-of-the road card built for average consumers who value bonus miles. While ANZ Travel Visa Signature Card is great for people who frequent Australia or New Zealand, Citibank PremierMiles could provide better benefits for those who frequent other countries as it awards you 2 miles for S$1 spent anywhere overseas, not just in Australia or New Zealand, and 1.2 miles for S$1 on everything else. While ANZ Travel card still earns you a great flat rate of 1.4 miles on your local spend, it doesn’t make sense to use ANZ Travel card over other travel cards if you go to Hong Kong or Bali more frequently than Australia. Furthermore, CitiPremier is more generous with its bonus of 30,000 miles compared to ANZ Travel’s 2,000 bonus miles.
ANZ Travel vs DBS Altitude
DBS Altitude is another middle of the road travel card that is quite suitable for people who crave a mix of affordability and rich awards. While ANZ Travel card provides only a 1 year waiver of annual fee, DBS Altitude waives your first year’s fee and subsequently waivers annual fee if you spend at least S$25,000 a year on the card. This partially makes up for not having a rich bonus mile program like Citi PremierMiles. Another key difference, in our opinion, is that DBS Altitude Card rewards you 2 miles for S$1 spent anywhere overseas (not just in Australia or New Zealand), and 3 miles for online travel bookings (not just with Qantas or Jetstar). If you travel quite frequently to countries besides Australia and New Zealand, DBS Altitude could win way more miles for you than ANZ Travel card. Also, if you resent the idea of paying S$200 up front every year to use a card, DBS Altitude provides an easy way to enjoy benefits without fees. You should also note that essentially almost every card is running a promotion of up to 10 miles for S$1 spent on online travel bookings; and, we don’t factor this into our rankings because these promotions are expiring before the end of the year.
ANZ Travel Visa Card vs Amex KrisFlyer
If you haven’t used travel cards before, and if you don’t mind flying only with Singapore Air or Silk Air, American Express Singapore Airlines KrisFlyer Card could be a great option to introduce you to the world of air miles. Amex KrisFlyer card is very easy and convenient to use because your KrisFlyer miles are credited directly into your KrisFlyer account. This means that you don’t need to worry about paying fees associated with converting your miles like most of your typical travel cards, making your mile redemption very simple. It also has a pretty good award program of 1.1 mile for S$1 of local spend, 2 miles for spend your online travel bookings on Singapore Airlines and Silk Air.
While being limited to these two airlines may sound annoying, we don’t think you have much to be concerned since Singapore Airlines (which owns Silk Air) is the most dominant airline in Singapore with 40% market share. However, if you are willing to jump through some hoops and earn a higher rate of awards, we think other cards like ANZ Travel or Citi PremierMiles might offer better deals.
ANZ Travel vs HSBC Revolution
If you like the relative affordability of the ANZ Travel Visa Signature Card, but travel less frequently to Australia and New Zealand and want a card that rewards you for enjoying an active social and nightlife, you may be interested in the HSBC Revolution Card. The HSBC Revolution awards 2 miles for every S$1 you spend on dining, entertainment and online shopping, so we think young people especially will get great value out of this card. It also gives you discounts on petrol and hotel bookings. Not only that, but the HSBC Revolution is a great budget travel credit card for people looking to avoid paying annual fees: Its annual fee of S$160.5 is waived for the first 2 years automatically and can be waived in subsequent years with an annual expenditure of only S$12,500.
*ValueChampion calculates the dollar value of rewards based on S$2,000 of monthly spending. We sum the value of points, miles and cashback in dollar terms and subtract the annual fee over a 24-month period. The estimates here are ValueChampion's alone, and have not been reviewed, approved or otherwise endorsed by the credit card issuer. ^OCBC Voyage and Standard Chartered Visa Infinite cards' dollar values are calculated based on S$4,000 of monthly spending, as they are designed for high spenders.
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Duckju (DJ) is the founder and CEO of ValueChampion. He covers the financial services industry, consumer finance products, budgeting and investing. He previously worked at hedge funds such as Tiger Asia and Cadian Capital. He graduated from Yale University with a Bachelor of Arts degree in Economics with honors, Magna Cum Laude. His work has been featured on major international media such as CNBC, Bloomberg, CNN, the Straits Times, Today and more.