Save on existing debt with a 0% p.a. balance transfer offer, enjoy a low annual fee and access exclusive Visa benefits with the ANZ First Visa.
Apply for a new ANZ First Visa and you could get 0% p.a. interest on balance transfers for the first 18 months (with a one-time 2% balance transfer fee).
The ANZ First Visa card offers up to 44 interest-free days on purchases, convenient payment options with ANZ Visa PayWave and Apple Pay for a low annual fee of $30. You can also enjoy complimentary purchase insurance and get up to 3 additional cardholders added to your account.
|Product Name||ANZ First Visa Credit Card|
|Balance transfer rate (p.a.)||0% p.a. for 18 months with 2% balance transfer fee|
|Balance Transfer Revert Rate|
The interest rate after the balance transfer ends.
|Standard Balance Transfer Revert Rate (21.49% p.a.)|
|Balance Transfer Limit||95% of available credit limit|
|Purchase rate (p.a.)||19.74% p.a.|
|Annual fee||$30 p.a.|
|Interest Free Period|
The interest-free period on purchases is the period or number of days you do not have to pay interest on your card purchases. You will be charged interest either from the day you make a purchase or from the statement date, unless you pay the closing balance in full by the due date (or within the interest-free period) on your statement.
|Up to 44 days on purchases|
|Cash advance rate (p.a.)||21.49% p.a.|
|Min credit limit|
This is the lowest credit card limit that you can request. It is possible to apply for a higher credit card limit but not a lower one than this figure.
|Foreign Currency Conversion Fee (VISA)|
Foreign currency conversion fees are 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. You’ll also incur a currency conversion fee if you make a purchase or obtain a cash advance in Australian dollars while overseas or shopping online with a foreign merchant or financial institution.
|3% of transaction value|
|Complimentary Travel Insurance||No|
|Minimum Age||18 years of age|
|Available To Temporary Residents||Yes - Conditions apply|
|Credit Rating Requirement||Good|
|Annual fee||$30 p.a.|
|Minimum Monthly Repayment||2% of the closing balance or $25, whichever is greater|
|Late Payment Fee||$20|
|Cash Advance Fee||2% of the transaction amount or $4 (whichever is greater)|
|Overseas Cash Advance Fee||2% of the transaction amount or $4 (whichever is greater)|
|Overseas ATM Withdrawal Fee||$5|
|Foreign Currency Conversion Fee|
Foreign currency conversion fees are 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. You'll also incur a currency conversion fee if you make a purchase or obtain a cash advance in Australian dollars while overseas or shopping online with a foreign merchant or financial institution.
|Gambling Transactions Allowed||Yes|
|Additional Cardholder Fee||$0|
|Number of Additional Cardholders||3|
- This card comes with a low annual fee of $30.
- Enjoy an introductory balance transfer of 0% p.a. for the first 18 months.
- This card also offers a low minimum credit limit of $1,000.
- The interest rate of 19.74% p.a. on purchases and balance transfers is high compared to other cards in this price bracket.
- A one-time 2% balance transfer fee applies.
- There are only 44 interest-free days on purchases compared with most other cards that have 55 and there is no interest holiday on purchases when you first get this card.
ANZ First Visa Credit Card review
The ANZ First Visa gives you the convenience of a credit card with straightforward features and fees. It has a competitive annual fee of $30 and an interest rate of 19.74% p.a. on purchases. Those purchases can also be interest-free for up to 44 days if you pay your account balance in full by the due date on each statement. You can also use ANZ First Visa to manage your family spending easily under one account with up to 3 cardholders at no extra cost.
Benefits of the ANZ First Visa
Some of the benefits you can get with the ANZ First Visa include:
- Balance transfer offer. If your application is approved, you can transfer up to 95% of your available balances from your other non-ANZ store and credit cards. The 0% p.a. balance transfer offer will apply for 18 months, before reverting to the standard balance transfer interest rate of 21.49% p.a. The promotional period starts from the date you are approved for the ANZ First Visa credit card (a one-time 2% balance transfer fee applies).
- Extended warranty. The ANZ First comes with complimentary extended warranty cover, which doubles the manufacturer’s expressed warranty by up to 12 months for eligible items you buy with the card. This offer is only relevant to products with an Australian warranty, and may not cover purchases made overseas.
- Purchase security insurance. Pay for your purchases with the ANZ First Visa and you can get insurance against loss, theft or accidental damage for 3 months from the date of purchase. This applies to most personal items you buy with the card.
- Interest-free days. If you have a zero balance in your account, you can get up to 44 days interest-free on any purchase made using your Visa credit card.
- Visa benefits. You receive complimentary membership to Visa Entertainment, which gives you access to pre-sales on tickets, movie screenings and other special offers. You can also get deals through eDine at over 2,000 restaurants and hotels.
- Mobile payment technology. Apple Pay, Android Pay, ANZ Mobile Pay and Samsung Pay let you use your Apple, Android or Samsung device to tap and pay with your eligible ANZ credit card.
Features of the ANZ First Visa Card
In addition to having the worldwide acceptance of Visa when shopping, there are other features to this credit card that should be of interest to you:
- Annual fee. You will be charged a $30 annual fee on your first statement, and one time a year afterwards as long as the account is open.
- Purchase rate. The ANZ First Visa has a standard variable interest rate of 19.74% p.a. for purchases.
- Cash advance rate. If you use this card to get cash out or for any other cash advance transaction, a standard variable interest rate of 21.49% p.a. applies.
- Cash advance fee. Cash advances made with this card will attract a fee worth 2% of the transaction amount or $4 (whichever is greater).
- International transaction fee. This card charges a fee worth 3% of each transaction made overseas or online with a merchant that's located overseas.
- Security. You are always protected from fraud with the 24/7 Falcon security feature that comes with the ANZ First Visa card. They watch your spending habits and will send you an alert if they note suspicious activity with your card or that of any of your additional cardholders. If it is lost or stolen, the worldwide emergency card replacement offered by Visa will make sure that it is immediately replaced.
- Additional cards. You are allowed up to 3 additional cardholders to your ANZ First Visa account for no extra charge.
How to apply for the ANZ First Visa
If you have compared your options and decided to apply, you can proceed by completing an online application. Before you apply, though, make sure to meet the following eligibility requirements.
- Age. You must be at least 18 years of age.
- Minimum income. You must earn at least $15,000 per year before taxes in order to qualify for the ANZ First Visa.
- Australian residency status. You need to be an Australian permanent resident or holding a 457 working visa that is at least valid for the next nine months.
- Good credit history. Your credit history should be in good standing.
Required documents and details
Keep the following documents and details on hand to help speed up your application process.
- Personal information. This includes your full name, date of birth, residential address, email address and contact number.
- Identification. You will have to provide a valid Australian driver’s licence number or your passport as a part of verifying your identity.
- Income details. Income statements are needed, either with pay slips or your tax return. If you are self-employed, ANZ will ask for information about your accountant.
- Financial information. A list of all of your current financial obligations, including credit card payments, personal and home loans. If you plan on taking advantage of the balance transfer offer, you will need specific details regarding those accounts, including the institution name, account number and amount to be transferred.
The ANZ First Visa credit card could offer potential savings but it isn't the only low fee card on the market. To make sure you're applying for the right card for you, take some time to compare your options before you make your decision.Back to top