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When you apply for a new ANZ Low Rate credit card, you’ll get a 0% interest rate on balance transfers for 30 months, with no balance transfer fee. This promotional period starts from the date you’re approved for the card (referred to as the Letter of Offer date) – not when your balance is transferred. You'll want to pay off your full balance before that time is up, because at the end of the introductory period, any remaining balance will be charged interest at the cash advance rate, currently 21.24% p.a.
0% p.a.
Balance transfer rate
for 30 months
12.49% p.a.
Purchase rate
$0 p.a.
Annual fee
for the first year ($58 p.a. thereafter)
55 days
Interest free period
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Product Name | ANZ Low Rate |
---|---|
Balance transfer rate p.a. | 0% for 30 months |
Balance transfer revert rate | Balance Transfer Revert Rate (21.24%) |
Balance transfer limit | 95% of available limit |
Purchase rate p.a. | 12.49% |
Annual fee | $0 for the first year ($58 thereafter) |
Interest-free period | Up to 55 days on purchases |
Cash advance rate | 21.24% p.a. |
Min credit limit | $1,000 |
Card type | Visa |
Foreign currency conversion fee | 3% |
Available to temporary residents | Yes - Conditions apply |
---|---|
Joint application | No |
Bonus points | N/A |
---|
Annual fee | $0 for the first year ($58 thereafter) |
---|---|
Minimum monthly repayment | 2% of the closing balance or $25, whichever is greater |
Late payment fee | $20 |
Foreign currency conversion fee | 3% |
Cash advance fee | 3% |
Overseas cash advance fee | 3% of the transaction amount or $4 (whichever is greater) |
Overseas ATM withdrawal fee | $5 |
Additional cardholder fee | $0 |
Number of additional cardholders | 3 |
Review by
Amy has been writing about personal finance for more than 13 years – including over 600 articles as a senior writer for Finder. She is also the editorial lead for Finder Green, covering sustainability across different industries. Her work has appeared in publications including Money Magazine, The Sydney Morning Herald, Financy, ABC News Australia and Equity Magazine. Amy also has a Bachelor of Arts in Journalism and Drama from Griffith University.