[OzFlipper]

I also had this offer, and took it up. At no extra cost (at least in the first year) and some free travel insurance for my domestic trips, so why not? I usually spend less than the cap, so no big deal.

But I have to agree, Lindsay . they just don't get it. I like ANZ for my other banking, but that ones is weird. I spend a fortune on my Amex. Have to check out the new one.
If they put the card price up next year, then I'll just drop back to my gold .. or drop my VISA altogether and get a Citibank as my 2nd card.

Mind you .. the one thing against taking up the offer is sorting out your direct debits (though it was time to get off my rear and move them to Amex anyway).