It’s not a new card but it’s one that’s sometimes overlooked for a way to enjoy cheap travel between Australia and Singapore.
The ANZ Rewards Black Credit Card is available for online applications for new or existing ANZ customers and gives you access to the ANZ Rewards scheme. Unlike a traditional frequent flyer credit card where you automatically earn frequent flyer miles for one single airline when you spend on your card, the ANZ Rewards card earns you Reward Points that you can then exchange for products across a variety of businesses, including airlines.

The costs
The annual fee for the card is $395 and you need to spend a minimum of $3,000 in the first 3 months to get the bonus offer.
The bonus offer
If you meet their bonus criteria you will be awarded a bonus of 180,000 ANZ Rewards points which can then be converted to airline miles per the table below.
Airline rewards points schedule
Airline | Ratio | Bonus Points# |
Cathay (Asia Miles) | 3:1 | 60,000 |
Singapore (Kris Flyer) | 3:1 | 60,000 |
Virgin Australia (Velocity) | 2:1 | 90,000 |
Air New Zealand (Air Points) | 200:10* | $900 |
* Air New Zealand use Airpoints at a dollar value – 200 ANZ Rewards get you $10 of Airpoints
# The theoretical amount you could earn from the 180,000 ANZ Rewards bonus offer
So what can you do with all that?
If you’re a KrisFlyer Member and attain the bonus criteria to get 180,000 ANZ Rewards Points, what can you get for that? Actually, quite a lot – a return from Sydney/Melbourne to Singapore using KrisFlyer Miles costs 61,000 points (in February 2025). At the 3:1 conversion ration, 180,000 ANZ Reward Points would give you 60,000 KrisFlyer Miles straight away, and with a small amount of additional spend on the credit card to get the additional 1,000 miles, this would be enough to get a return to Singapore for the cost of the annual fee ($395).

When you look at what it would cost you in cash to purchase a return from Sydney to Singapore, just based on the search below over a 2 month period, you can easily see you’re getting that flight for at least half, and often a third of the cost of a cash fare return.

So if you are planning a trip to SE Asia from Australia and are able to get the ANZ Rewards Credit Card, meet the bonus criteria, and then manage credit card expenses ongoing by using this card, it could be an appealing way to save a good percentage of your airfare simply by spending 10 minutes going through the online application process.
Of course only apply for and utilise a credit card for expenses that you are already incurring. Credit card debt is very expensive and could easily negate the savings you make on air fares if you are spending more than you can pay off. I always recommend using your frequent flyer or rewards earning card for regular monthly expenses that you pay off in full at the end of each month. Never for purchases that you are unable to pay off in full beyond the interest penalty periods of a credit card.
This is an independently written post. I am not affiliated with nor was paid anything (products or services) by either Singapore Airlines or ANZ to share this information.