ANZ Low Rate Credit Card

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Save with a 0% introductory rate on balance transfers and a low annual fee on a new ANZ Low Rate Credit Card.

ANZ Low Rate customers can repay existing debt and save on costs with a low purchase rate, plus, 0% interest on balance transfers for 15 months with no balance transfer fee.

0% p.a.

Balance transfer rate

for 15 months

12.49% p.a.

Purchase rate

$58 p.a.

Annual fee

55 days

Interest free period


Product NameANZ Low Rate
Balance Transfer Rate0% p.a. for 15 months
Balance Transfer Revert RateBalance Transfer Revert Rate (20.24%)
Balance Transfer Limit95% of available balance
Purchase Rate12.49% p.a.
Annual Fee$58
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


  • 0% p.a. on balance transfers for 15 months with no balance transfer fee.
  • A low annual fee of $58.
  • Get up to 55 days interest-free on purchases.


  • Balance transfer reverts to the high standard balance transfer interest rate of 20.24% p.a. at the end of the introductory period.
Annual Fee$58
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

Sally McMullen

Review by

Sally McMullen is Finder's credit cards and frequent flyer editor by day and a music maven by night. Her byline can be spotted on Yahoo Finance, Dynamic Business, Financy and Mamamia as well as Music Feeds and Rolling Stone.

Expert review

The ANZ Low Rate credit card combines two-cost saving features with its 0% balance transfer promotion and a low annual fee.

Although it isn’t the longest interest-free balance transfer on the market, it has the advantage of no balance transfer fees. However, any remaining debt at the end of the balance transfer period will attract the high revert rate.

How to apply

You can apply for the ANZ Low Rate credit card online in around 5 minutes and receive a response within 60 seconds. Before you apply, make sure you meet the following eligibility requirements and have the necessary information to complete the 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.
  • Age. Be at least 18 years of age.

Card benefits

  • Balance transfer offer. New cardholders can enjoy 0% p.a. on balance transfers for the first 15 months with no balance transfer fee. Any unpaid balances at the end of the introductory period will revert to the standard variable balance transfer rate of 20.24% p.a. You can balance transfer from $100 up to 95% of your available credit limit from non-ANZ, Australian credit, charge or store cards. To take advantage of this offer, you must request the balance transfer at the time of application.
  • Low purchase interest rate. A variable rate of 12.49% p.a. on purchases means that you can save money each month when compared to cards with higher purchase rates.

Rates & fees

  • Annual fee. This credit card charges a competitive annual fee of $58.
  • Up to 55 days interest-free. Receive up to 55 days interest-free on purchases made with the ANZ Low Rate Credit Card when you pay your statement balance in full. You won't be eligible for interest-free days if you're paying off a balance transfer debt.

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  1. Default Gravatar
    September 6, 2019

    how do i get to the page to apply for the anz credit card

    • AvatarStaff
      September 7, 2019

      Hi NitroFC,

      Thanks for your message. To apply for the ANZ Credit Card, simply click the GREEN GO TO SITE button that can be found on the top page under the picture of the credit card. As a friendly reminder, check the eligibility requirements of the card before proceeding with your application. Also, read about its features and benefits and see how it fits your financial needs. Additionally, it’s helpful to review the PDS and Terms & Conditions of the card before fully committing to the card. You may also reach out to the bank if you have any clarifications.

      Hope this helps and feel free to reach out to us again for further assistance.


  2. Default Gravatar
    June 25, 2019

    What does Balance Transfer Limit – 95% of available balance mean?

    • AvatarStaff
      June 25, 2019

      Hi Metodi,

      Thanks for getting in touch!

      Balance Transfer of 95% means — you are allowed to transfer the amount owed from your old credit card 95% of your approved credit limit to your balance transfer card.

      For example, you owe $1,000

      The new card gives you $500 credit limit, the 95% of the $500 is $475. This means you can only transfer $475 to the new card and you’d have to pay the remaining $525 of your old card.

      Hope this clarifies! Feel free to message back if you have questions.


  3. Default Gravatar
    March 24, 2019

    Is this for new customers only or can i apply as an anz customer?

    • AvatarStaff
      March 24, 2019

      Hi Nancy,

      Thank you for your question. For the offer for ANZ Low Credit as per terms and conditions – offer only available to new and approved credit card applicants who apply for an ANZ Low Rate credit card account with the balance transfer. Hope this information helps!


  4. Default Gravatar
    February 22, 2019

    do i still run the card through a machine when i make a purchase

    • AvatarStaff
      February 23, 2019

      Hi Roy,

      Thanks for getting in touch! Yes, the ANZ Low Rate Credit Card can be swiped at machines in stores or used for online purchases. Hope this was helpful. Don’t hesitate to message us back if you have more questions.


  5. Default Gravatar
    February 7, 2019

    I need a credit card

    • AvatarStaff
      February 11, 2019

      Hi Alvin,

      Thank you for getting in touch with finder.

      If you consider getting an ANZ Low Rate credit card, please click on the Go to site button to be redirected to their official page where you may learn more on this card and even start your online application. Please make sure though to read the eligibility criteria, features and details of the card, as well as the relevant PDS/ T&Cs of the card before making a decision and consider whether the product is right for you.

      I hope this helps.

      Thank you and have a wonderful day!


  6. AvatarStaff
    January 9, 2019

    Hi Ray,

    Thank you for getting in touch with finder.

    Currently, this ANZ Low Rate credit card does not offer complimentary travel insurance. You may see ANZ credit cards that offer complimentary travel insurance on this PAGE.

    I hope this helps.

    Please feel free to reach out to us if you have any other enquiries.

    Thank you and have a wonderful day!


  7. Default Gravatar
    January 7, 2019

    I’ve been self-employed for 9 months. Will a statement from my accountant stating my earnings since the business started be sufficient for this card? Just don’t want to apply and potentially damage my credit rating if I’m not eligible. Any advice on cards that might be suitable would also be gratefully appreciated :)

    • AvatarStaff
      January 8, 2019

      Hi Alex,

      Thank you for reaching out to finder.

      Yes, a statement of earnings from your accountant as well as your accountant’s name and contact information would do as income documents when applying for this card. Hope this helps!


  8. Default Gravatar
    December 6, 2018

    Just wondering what the maximum credit limit because it doesn’t state it anywhere?

    • AvatarStaff
      December 11, 2018

      Hello Trai,

      Thank you for your comment.

      ANZ Low Rate Card max credit limit is not disclosed online as it’s being determined by the credit card issuer according to your income and financial history. Please refer to our guide about how to choose a responsible credit limit for your card here. The article will give you tips on how to determine your credit limit.

      Should you wish to have real-time answers to your questions, try our chat box on the lower right corner of our page.


  9. Default Gravatar
    November 6, 2018

    Can I transfer the balance of two separate cards from different Banks if both balances owing are below 90% of the credit card limits?

    • AvatarStaff
      November 8, 2018

      Hi Nathan,

      Thank you for leaving a question.

      Yes this is possible. As long as the debt is 90% or lower from the card’s credit limit then this will push through. Hope this helps!


  10. Default Gravatar
    October 29, 2018

    If i have a personal (unsecured) loan with a non-anz bank, can i balance transfer that loan into this anz credit card? or is it only credit card to credit card? also, where can i find balance transfers from personal to credit card with zero interest?

    • AvatarStaff
      October 29, 2018

      Hi Rodger,

      Thanks for getting in touch!

      Yes, you can transfer a non-ANZ loan to an ANZ credit card. On this page lines up the banks that accepts to transfer a personal loan debt to a credit card. You can filter out the cards that offer 0% interest introductory offers.

      Hope this helps! Feel free to reach out again, we’re on standby.


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