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ANZ Business Low Rate

Save with a $0 annual fee in the first year, a 12.99% interest rate for purchases and additional cards for employees.

The ANZ Business Low Rate credit card suits small to medium Australian businesses that want to free up cash flow with a line of credit while minimising interest costs. If you apply and get approved, you’ll get a first-year annual fee waiver (reverts to $100 p.a. thereafter).

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12.99% p.a.

Purchase rate

$0 p.a.

Annual fee

for the first year ($100 p.a. thereafter)

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Product NameANZ Business Low Rate
Balance transfer revert rateCash Advance Rate (14.49% p.a.)
Purchase rate p.a.12.99%
Annual fee$0 for the first year ($100 thereafter)
Interest-free period
Cash advance rate14.49% p.a.
Min credit limit$1,000
Card typeVisa
Foreign currency conversion fee3%
Available to temporary residentsNo
Joint applicationNo


  • $0 annual fee for the first year ($100 p.a. thereafter)
  • A low interest rate of 12.99% p.a. on purchases
  • Provides Unauthorised Transactions Insurance, which protects your business against misuse of your cards


  • There is no interest-free period with this card.
  • This credit card does not offer any introductory rates on purchases and balance transfers.
  • You cannot earn rewards for your spending.
Bonus pointsN/A
Annual fee$0 for the first year ($100 thereafter)
Minimum monthly repayment2% of the closing balance or $25, whichever is greater
Late payment fee$35
Foreign currency conversion fee3%
Cash advance fee1.5% or $1.50, whichever is greater
Overseas cash advance fee1.5% or $1.50, whichever is greater
Additional cardholder fee$0

Review by

Sally McMullen is a creative content producer at Finder. Sally has written about credit cards for almost 5 years, authoring almost 900 articles on Finder alone. She has also been published in Yahoo Finance, Dynamic Business, Financy and Mamamia, as well as Music Feeds and Rolling Stone. Sally has a Bachelor of Communication and Media Studies majoring in Journalism (Hons) from the University of Wollongong.

Expert review

The ANZ Business Low Rate credit card boasts the bank’s lowest annual fee and purchase interest rate in its business card range. If you regularly carry a balance from month to month, you could minimise your interest costs with the ANZ Business Low Rate compared to some other cards.

How to apply

You can apply for the ANZ Business Low Rate credit card online in 10 minutes. Before you apply, make sure you've met the eligibility requirements and have the necessary information to complete the application.

Eligibility criteria

  • Eligible Australian business. This card is available to business entities (including sole trader, partnership, company, trust, association or co-operative) operating in Australia. The primary cardholder must be authorised to open an account on behalf of the organisation.
  • Residency. At least one director, partner or proprietor applying for the account must be a permanent Australian resident.

Card benefits

  • First year annual fee waiver. Apply for this card and get approved to save with a $0 annual fee in the first year. After the first 12 months, an annual fee of $100 will apply each year on the anniversary of your account opening. Please note that ANZ may withdraw this offer at any time.
  • Low purchase interest rate. Your purchases will attract a 12.99% p.a. interest rate from the date they are made..

Rates & fees

  • Annual fee. Outside of any promotions, this card charges an annual fee of $100 p.a.
  • Cash advance interest rate. This card charges a low cash advance rate of 14.49% p.a.

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