What is the ANZ Rewards to Air New Zealand Airpoints transfer ratio?

The current ratio is 200:1, so 10,000 ANZ Rewards converts to 50 Air New Zealand Airpoints points.

Can I transfer Air New Zealand Airpoints points back to ANZ Rewards?

No. Points transfers are one-way and can't be reversed, so only move points across once you've found award space you intend to book.

How long does a ANZ Rewards to Air New Zealand Airpoints transfer take?

It varies by program — some transfers post almost instantly, others take anywhere from a few hours to several days. Because of that delay, never transfer speculatively against an award seat you haven't confirmed is bookable.

Is there a minimum transfer amount?

Yes — the minimum is 1,500 ANZ Rewards per transfer. Transfers typically move in set increments, so check the exact step before you start.

ANZ Rewards → Air New Zealand Airpoints

Last updated 14 June 2026

Ratio

200 : 1

Current bonus

None

Minimum transfer

1,500 pts

10,000

ANZ Rewards

Air New Zealand Airpoints points

Transfer calculator →Best cards for Airpoints →Source

Is it worth transferring?

ANZ Rewards transfers to Air New Zealand Airpoints at 200:1, so factor the conversion in when you compare it against other ways to use your points. There's no transfer bonus on this pair at the moment — if you're not in a hurry, it can pay to wait for one.

The golden rule with any points transfer: only do it once you've found award space you can actually book. Transfers are one-way and can take time to land, so converting speculatively risks stranding your points in a program where you can't use them. Search availability first, hold the seat if the program lets you, then transfer the exact amount you need.

What you can do with Air New Zealand Airpoints points

Because Airpoints Dollars buy down the cash fare, you'll get the most predictable value on lower own-metal fares. Star Alliance Reward seats are the way to reach partner airlines, priced off a separate published table rather than the cash fare.

→Trans-Tasman Air New Zealand flights, where the value-based model lines up well with reasonable cash fares.
→Star Alliance Reward seats for partner redemptions off the published table.
→The lack of a hard expiry while the account stays active — useful for slow, steady earners.

Airpoints guide →Award flights →

Cards that earn ANZ Rewards

ANZ Rewards Black Credit Card2 pt/$
ANZ Rewards Platinum Credit Card1.5 pt/$

All credit cards →

Frequently asked

What is the ANZ Rewards to Air New Zealand Airpoints transfer ratio?: The current ratio is 200:1, so 10,000 ANZ Rewards converts to 50 Air New Zealand Airpoints points.
Can I transfer Air New Zealand Airpoints points back to ANZ Rewards?: No. Points transfers are one-way and can't be reversed, so only move points across once you've found award space you intend to book.
How long does a ANZ Rewards to Air New Zealand Airpoints transfer take?: It varies by program — some transfers post almost instantly, others take anywhere from a few hours to several days. Because of that delay, never transfer speculatively against an award seat you haven't confirmed is bookable.
Is there a minimum transfer amount?: Yes — the minimum is 1,500 ANZ Rewards per transfer. Transfers typically move in set increments, so check the exact step before you start.

Related transfers

Other ways to get Air New Zealand Airpoints points

NAB Rewards 200:1 Westpac Altitude Rewards 180:1

Other places ANZ Rewards transfers to

Velocity 2:1 KrisFlyer 3:1 Asia Miles 3:1

Find the seat first, then transfer — how moving flexible points to airlines really works.

Amex Membership Rewards in Australia: the flexible points hub

The flexible currency that feeds many programs — hold, then transfer only when you find a seat.

New Zealand on points: the trans-Tasman playbook

The easiest international redemption from Australia — and when cash beats points across the Tasman.

Airline alliances explained for points: oneworld, Star Alliance & SkyTeam

oneworld, Star, SkyTeam — what alliances mean for earning and redeeming from Australia.

Transfer ratios and bonuses change frequently. Confirm the current ratio with ANZ before transferring — transfers are usually one-way. See our methodology.