120,000 bonus Qantas Points and $150 back to your new ANZ Frequent Flyer Black
When you spend $7,500 on eligible purchases in the first 3 months from approval.

Required spend is pretty high, but if you can do it it’s well worth it. The $150 back makes the card effectively $275 for the first year, and 120k Qantas points can be sold for upwards of $1,400.