ANZ First

Enjoy 0% interest on purchases for the first 12 months and $30 back on a new 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.

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20.24% p.a.

Balance transfer rate

0% p.a.

Purchase rate

for the first 12 months (reverts to 20.24% p.a.)

$30 p.a.

Annual fee

55 days

Interest free period

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Details

Product NameANZ First
Balance transfer rate20.24% p.a.
Balance transfer limit95% of available limit
Purchase rate0% p.a. for 12 months, reverts to 20.24% p.a.
Annual fee$30
Interest-free periodUp to 55 days on purchases
Cash advance rate20.24% p.a.
Min credit limit$1,000
Card typeVisa
Foreign currency conversion fee3%
Available to temporary residentsYes - Conditions apply
Joint applicationNo

Pros

  • Low annual fee of $30
  • 0% p.a. for the first 12 months on purchases
  • $30 credit back
  • Low minimum credit limit of $1,000

Cons

  • Outside of any promotions, the standard purchase interest rate is high compared to other cards in this price bracket.
  • A one-time balance transfer fee applies.
Bonus pointsN/A
Annual fee$30
Minimum monthly repayment2% of the closing balance or $25, whichever is greater
Late payment fee$20
Foreign currency conversion fee3%
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
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Review by


Amy Bradney-George has been writing about personal finance for more than 13 years – including over 600 articles as a senior writer for Finder. Her work has also appeared in publications including Money Magazine, The Sydney Morning Herald, Financy, ABC News Australia and Equity Magazine. Amy has a Bachelor of Arts in Journalism and Drama from Griffith University.

Expert review

The ANZ First credit card’s simplicity and modest annual fee make it a contender for first-time credit card users or anyone looking for a card without bells and whistles. The $30 credit covers the entire first-year annual fee and the 0% purchase rate offer means you can shop interest-free for the first year you have this card. But it’s worth noting that, after the introductory period, the ANZ First has a variable purchase rate of 20.24% p.a. So, while it is a no-frills card, it’s not a low rate one.

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 $30 credit back offer is only available to new and approved applicants who apply for an ANZ First credit card with the purchase rate offer.

Card benefits

  • 0% purchase offer. When you apply and get approved for a new ANZ First, you can save with 0% p.a. on purchases for the first 12 months. At the end of the promotional period, the rate will revert to 20.24% p.a. Although you’ll pay no interest on purchases during this time, you will still need to pay at least the minimum amount listed on your monthly statement by the due date. This will be 2% of the closing balance or $25, whichever is greater.
  • $30 back. You can also get a $30 back when you apply and get approved for a new ANZ First along with the introductory purchase rate offer. The $30 will be credited to your account within 3 months of card approval.

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 (outside of any promotions).

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54 Comments

    Default Gravatar
    Decy
    July 7, 2019

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

      Avatarfinder Customer Care
      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

    Default Gravatar
    qeu
    May 29, 2019

    What is the minimum monthly repayment?

      Avatarfinder Customer Care
      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

    Default Gravatar
    Aaron
    August 25, 2016

    Is ANZ First accepted worldwide??

      Avatarfinder Customer Care
      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

    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

      Avatarfinder Customer Care
      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

    Default Gravatar
    jo
    September 4, 2015

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

      Avatarfinder Customer Care
      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?

      Avatarfinder Customer Care
      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 our guide on your credit card’s interest-free periodand you can also see a handy diagram to understand how it works. A gentle reminder, please take time to revisit the relevant product disclosure statement and terms and conditions to ensure that you got everything covered on your credit card transactions.

      I hope this helps.

      Cheers,
      Ally

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