ANZ First

Last updated:  

Enjoy a low annual fee, mobile payment compatibility and an introductory balance transfer offer with the ANZ First credit card.

The ANZ First offers an annual fee of $30, up to 55 days interest-free on purchases and mobile payments through a range of platforms – including Apple Pay, Google Pay and Samsung Pay.

0% p.a.

Balance transfer rate

for 18 months with 2% balance transfer fee

20.24% p.a.

Purchase rate

$30 p.a.

Annual fee

55 days

Interest free period

Details

Product NameANZ First
Balance Transfer Rate0% p.a. for 18 months with 2% balance transfer fee
Balance Transfer Revert RateBalance Transfer Revert Rate (20.24%)
Balance Transfer Limit95% of available balance
Purchase Rate20.24% p.a.
Annual Fee$30
Interest Free Period55 days
Cash Advance Rate20.24% p.a.
Minimum Credit Limit$1,000
Card TypeVisa
Foreign Currency Conversion Fee (Visa/Mastercard)3% of transaction value
Complimentary Travel InsuranceNo
Minimum Age18 years of age
Available to Temporary ResidentsYes - Conditions apply
Joint ApplicationNo

Pros

  • Low annual fee of $30
  • Introductory balance transfer of 0% p.a. for the first 18 months
  • Low minimum credit limit of $1,000

Cons

  • The interest rates on purchases and balance transfers are high compared to other cards in this price bracket.
  • A one-time 2% balance transfer fee applies.
Annual Fee$30
Minimum Monthly Repayment2% of the closing balance or $25, whichever is greater
Late Payment Fee$20
Foreign Currency Conversion Fee (Visa/Mastercard)3% of transaction value
Cash Advance Fee2% or $4, whichever is greater
Overseas Cash Advance Fee2% or $4, whichever is greater
Overseas ATM Withdrawal Fee$5
Additional Cardholder Fee$0
Number of Additional Cardholders3

Expert review

Amy Bradney-George

Review by


Amy is an editor and writer at finder.com.au with more than 10 years experience covering credit cards, personal finance and various lifestyle topics. When she’s not sharing her knowledge on money matters, Amy spends her time as an actress.

Expert review

The ANZ First gives you straightforward credit card features, as well as a handful of extras, such as complimentary purchase protection insurance and extended warranty cover. You can also tap-and-go with your card or a compatible mobile phone, and get up to 55 days interest-free on purchases each statement period when you pay the account balance in full by the statement due date.

How to apply

If you've compared your options and decided on the ANZ First, you can apply online in around 5 minutes. Before you get started, make sure you meet the eligibility criteria and have all the documents and details you'll need to complete your application.

Eligibility criteria

  • Residency requirement. Citizens and permanent residents of Australia are eligible to apply. If you are a non-Australian permanent resident, you must have an eligible working or business visa with at least 9 months remaining.
  • New cardholder. The balance transfer offer on this card is only available to new cardholders who request a balance transfer from a non-ANZ card(s) at the time of the application.

Card benefits

  • Balance transfer offer. If you want to save money on interest from existing credit or store card debt, this card offers a 0% interest rate on balance transfers for the first 18 months, with a one-time balance transfer fee of 2%. After the introductory period, any remaining balance will be charged at the standard balance transfer rate of 20.24% p.a. Note that you cannot transfer balance from cards issued by ANZ and you must make the request upon application.
  • Extended warranty. The ANZ First comes with complimentary extended warranty cover for eligible items you buy with the card. This cover gives you a way to double an Australian manufacturer's warranty by up to 12 months.

Rates & fees

  • Annual fee. The ANZ First charges an annual fee of $30, which is competitive with other entry-level cards.
  • Purchase interest rate. If you carry a balance on this card, you'll be charged interest at the rate of 20.24% p.a. for any new purchases you make.

Ask an expert

To ask a question simply log in via your email or Facebook or create an account.

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.

54 Comments

  1. Default Gravatar
    Decy
    July 7, 2019

    What fees do I incur for using my credit card while on holiday in spain

    • AvatarStaff
      Joyce
      July 7, 2019

      Hi Decy,

      Thanks for leaving a question. For ANZ First Visa Card. The following fees will be incurred if you use the card while in Spain:

      Overseas ATM Withdrawal Fee $5
      Overseas Cash Advance Fee 2% or $4, whichever is greater
      Foreign Currency Conversion Fee (Visa/Mastercard) 3% of transaction value – this is charged when you make a transaction that is converted by a credit card network, such as Mastercard, Visa or American Express, from Australian dollars to a foreign currency.
      For other fees, you can check the Fees tab on this same page.

      Hope this helps.

      Regards,

      Joyce

  2. Default Gravatar
    qeu
    May 29, 2019

    What is the minimum monthly repayment?

    • AvatarStaff
      Charisse
      May 30, 2019

      Hi Qeu,

      Thanks for reaching out to Finder.

      The Minimum Monthly Payment ANZ requires from you is generally 2% of the relevant closing balance (subject to a minimum of $25). The monthly statement of account that ANZ sends you will show you how much your closing balance is and how much you need to pay as the minimum.

      I hope this helps.

      Cheers,
      Charisse

  3. Default Gravatar
    Aaron
    August 25, 2016

    Is ANZ First accepted worldwide??

    • AvatarStaff
      Dee
      August 25, 2016

      Hi Aaron,

      Thanks for your question.

      Yes, ANZ First Visa credit card is accepted worldwide where Visa is accepted. However, please note that this card attracts foreign currency conversion fee of 3% of transaction value.

      Cheers,
      Anndy

  4. Default Gravatar
    Mel
    January 14, 2016

    Hi Ally
    Sort of still confused. So, I don’t often use credit card and it’s usually for small amounts. I pay my credit card 1-3 days after I use it. For example, I used it yesterday and paid it tonight. The balance is zero dollars again. If I make a purchase over weekend…I’ll have 44 days before I get charged interest? Is that correct?
    Thanks
    Mel

    • AvatarStaff
      Ally
      January 20, 2016

      Hi Mel,

      Thanks for your reply.

      Unfortunately, it doesn’t go that way. The interest-free period is based on the statement cycle date, not the date of the purchase. Therefore, if you make a purchase halfway through the statement period, pays if off in 3 days, the interest-free period does not restart from the date of your purchase.

      Once again, the interest-free period can be enjoyed once you pay your balance in full by the payment due date.

      Should you need further account specific information, you may contact ANZ through the link I sent to your email.

      I hope this has helped.

      Cheers,
      Ally

  5. Default Gravatar
    jo
    September 4, 2015

    If I purchase an item will I get charged with interest?

    • AvatarStaff
      Sally
      September 4, 2015

      Hi Jo,

      Thank you for your comment.

      Yes, you will be charged an interest rate of 19.74% p.a. on purchases.

      However, if you pay your monthly balance in full, you can receive up to 44 interest-free days on purchases.

      I hope this has helped.

      Thanks,

      Sally

    • Default Gravatar
      Mel
      January 14, 2016

      Hi in regards to interest-free days, if I have a zero balance on my credit card then make a purchase eg Fridge, if I pay for that before 44 days, I won’t get charged any interest?

    • AvatarStaff
      Ally
      January 14, 2016

      Hi Mel,

      Thanks for reaching out.

      Assuming you started the month with a zero balance, you don’t have to pay any interest on the purchases if you pay the total outstanding balance by the following due date. In other words, if you pay your monthly balance in full, you can receive up to 44 interest-free days on purchases.

      For more information about interest-free days, you may refer to this page.

      I hope this has helped.

      Cheers,
      Ally

  6. Default Gravatar
    christine
    June 23, 2015

    Can I use my existing ANZ first visa credit card to use the free interest 16-month balance or only apply to new cards?

    • AvatarStaff
      sally.mcmullen@hiveempire.com
      June 23, 2015

      Hi Christine,

      Thank you for your question.

      The 0% balance transfers for the first 16 months is only available to new and approved applicants.

      I hope this has answered your question.

      Thanks,

      Sally

  7. Default Gravatar
    Courtney
    June 13, 2015

    Hi, just wondering what the most appropriate credit limit would be for a first credit card?

    Cheers,
    Courtney.

    • AvatarStaff
      Jonathan
      June 15, 2015

      Hi Courtney, thanks for your inquiry!

      For a first credit card a lower credit limit may be ideal to better manage your usage, although this will depend on an individual’s needs and circumstances. You may like to refer to the following link for a list of low interest rate credit cards.

      Cheers,

      Jonathan

  8. Default Gravatar
    Myee
    June 10, 2015

    Hi just wondering if you only do a percentage of the balance to be transferred or not?

    Regards

    Myee

    • AvatarStaff
      sally.mcmullen@hiveempire.com
      June 11, 2015

      Hi Myee,

      Thanks for your question.

      Just to confirm, you have come through to finder.com.au, not ANZ.

      However, we can confirm that ANZ allows 95% of the approved credit limit for balance transferring.

      I hope this has answered your question.

      Thanks,

      Sally

    • AvatarStaff
      Jonathan
      June 11, 2015

      Hi Myee, thanks for your inquiry!

      ANZ allows 95% of the approved credit limit for balance transferring.

      Cheers,

      Jonathan

  9. Default Gravatar
    cam
    May 9, 2015

    Are ANZ customers eligible for more then one balance transfer card?

    • AvatarStaff
      Jonathan
      May 11, 2015

      Hi Cam, thanks for your inquiry!

      Balance transfer offers are only eligible once per customer with ANZ.

      Cheers,

      Jonathan

  10. Default Gravatar
    gail
    April 15, 2015

    I earn 20,000 – 25,000 what credit limit would i get?

    • AvatarStaff
      Jonathan
      April 15, 2015

      Hi Gail, thanks for your inquiry!

      The minimum credit limit on this card is $1,000. Generally the bank will set your maximum credit limit taking into account your ability to repay the credit card. Since finder.com.au is a comparison service it would be best to contact the lender/bank directly so they can best advise on your credit limit and options.

      Cheers,

      Jonathan

Ask a question
Go to site