Exclusive Offer

ANZ Low Rate Credit Card – Exclusive Offer

No longer available

This Finder exclusive offer expired on 30 September 2020. You can compare the current range of ANZ credit cards here.

Amy Bradney-George

Last Updated May 7, 2021

0% p.a.

Balance transfer rate

for 25 months with 1.5% balance transfer fee

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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Details

Product Name	ANZ Low Rate - Exclusive Offer - DISCONTINUED
Balance transfer rate	0% p.a. for 25 months with 1.5% balance transfer fee
Balance transfer revert rate	Balance Transfer Revert Rate (20.24%)
Balance transfer limit	95% of available limit
Purchase rate	12.49% p.a.
Annual fee	$0 annual fee for the first year ($58 p.a. thereafter)
Interest-free period	Up to 55 days on purchases
Cash advance rate	20.24% 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

Pros

0% p.a. on balance transfers for up to 25 months
$0 annual fee for the first year ($58 p.a. thereafter)
Ongoing low purchase interest rate of 12.49% p.a.

Cons

Charges a 1.5% balance transfer fee
Balance transfer reverts to the high interest rate of 20.24% p.a. at the end of the introductory period
Does not offer purchase or travel insurance

Bonus points	N/A

Annual fee	$0 annual fee for the first year ($58 p.a. 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	2% or $4, whichever is greater
Overseas cash advance fee	The greater of 2% of the amount or $4.00
Overseas ATM withdrawal fee	$5
Additional cardholder fee	$0
Number of additional cardholders	3

Amy Bradney-George

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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.

How to apply

You can apply for the ANZ Low Rate credit card via finder.com.au 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.
Credit history. You must have a good credit score and history. You can get your credit score and comprehensive credit report for free through Finder.

Age. You must be at least 18 years of age.

Required documents

Personal information. This includes your full name, date of birth, contact information, marital status and number of dependents.
Proof of identification. You'll be asked to provide your Australian driver's licence number (if you have one).
Finances. Details of your income, expenses, assets and liabilities.
Employment. Your employer's address and if you are self-employed, you will need your accountant's name and contact number.
Balance transfer information. If you plan to transfer a balance, you will need to provide information about the cards / accounts from which you are transferring. You can transfer from $100 up to 95% of your available credit limit from credit and store card accounts not issued by ANZ.

Card benefits

Balance transfer offer. When you apply through Finder before 30 September 2020, you can enjoy 0% p.a. on balance transfers for the first 25 months with a one-time 1.5% balance transfer fee. Any unpaid balance at the end of the introductory period will revert to the variable balance transfer rate of 20.24% p.a.
First year annual fee waiver. Save with a $0 annual fee for the first year ($58 p.a. in subsequent years). This offer is only available when you apply through Finder and is valid until 30 September 2020.

Mobile payment technology. You can link your card to Apple Pay, Google Pay and Samsung Pay to use your eligible device to tap and pay.
Visa Entertainment. With complimentary membership to Visa Entertainment, you can access exclusive offers, pre-sale tickets and movie screenings.
Security. ANZ Falcon offers 24/7 transaction monitoring and you won't be liable for fraudulent transactions made with your credit card thanks to the ANZ Fraud Money Back Guarantee. If your card is lost or stolen, you can request an emergency credit card replacement worldwide.

Rates & fees

Annual fee. Outside of any promotions, 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.

Cash advances. If you use your card to make a cash advance (such as an ATM withdrawal), you'll be charged a 20.24% p.a. interest rate and a fee of 2% of the transaction amount or $4 (whichever is greater).
Additional cardholders. You can request up to 3 additional cardholders on the account, with a $0 additional fee.

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