Important disclosure
ANZ Low Rate (Balance Transfer Offer)
Balance Transfer
0% p.a. for 28 months on balance transfers with 2% balance transfer fee and $0 annual fee in first year.**28 month promotional period starts when we issue a Letter of Offer, not when the Balance Transfer is processed (usually 3-15 business days after card activation). Rate reverts to standard BT rate at the end of the promotional period, currently 21.99% p.a.4 T&Cs, eligibility criteria, fees and charges apply (including an annual fee, $0 for the first year, currently $58 thereafter).
Purchase Rate
Purchase Rate
13.74%
p.a
Balance Transfer Rate
Balance Transfer Rate
0%
p.a
for up to 28 months, then 21.99%
RateCity Says
“Thrifty cardholders may keep costs down with this low rate credit card that charges no annual fee in the first year, and currently $58 thereafter.”
Purchase Rate
13.74%
p.a
Balance Transfer Rate
0%
p.a
for up to 28 months, then 21.99%
Annual Fee
$0
for 12 months then $58 thereafter
Pros and cons
For Low Rate (Balance Transfer Offer)
Benefits
- Lower than average ongoing variable purchase rate
- $0 annual fee in the first 12 months and $58 p.a thereafter.
- Lower than average annual fee
- Apple Pay, Google Pay and Samsung Pay available
- Free supplementary cards
Drawbacks
- No reward program
ANZ Rate Credit card overview
For Low Rate (Balance Transfer Offer)
Details
Card Level Standard | Card Type Visa |
Interest Free Days Interest Free Days 55 | Minimum monthly repayment 2% or $25 |
Minimum credit limit $1k | Maximum credit limit No set max |
Free supplementary cards | Instant Approval |
Target Market Determination Visit ANZ Banking Group Limited to view Target Market Determination. |
Fees
Annual Fee Annual Fee $0 for 12 months then $58 thereafter | Annual Fee Spend Waiver |
Supplementary card annual fee $0 | Late Payment Fee $20 |
Over limit fee $20 | Duplicate statement fee $0 |
Electronic Wallet Service
Important Rates
Rates
Purchase Rate Purchase Rate 13.74% p.a |
Cash advance rate 21.99% p.a |
Cash advance fee 3% |
Balance Transfer
Balance Transfer Rate Balance Transfer Rate 0% p.a for up to 28 months, then 21.99% |
Transfer Limit 95% of the approved credit limit |
Balance Transfer Fee 2% |
Overseas spending
Foreign Exchange Fee 3% on Visa |
Overseas charges Overseas charges $5 |
Estimated ATM Cost $14 for AU $300 withdrawal |
Rewards
Program name |
Rewards Available |
Eligibility
Minimum age 18 |
Minimum income |
Eligibility conditions A non-permanent resident with more than 9 months remaining on your Visa |
Residency |
Perks
- FREE SUPPLEMENTARY CARDS
- Balance Transfer 0% p.a. for 28 months on balance transfers with 2% balance transfer fee and $0 annual fee in first year.**28 month promotional period starts when we issue a Letter of Offer, not when the Balance Transfer is processed (usually 3-15 business days after card activation). Rate reverts to standard BT rate at the end of the promotional period, currently 21.99% p.a.4 T&Cs, eligibility criteria, fees and charges apply (including an annual fee, $0 for the first year, currently $58 thereafter).
Other Restrictions
The Estimated ATM Cost when accessing money overseas is $18. T&Cs apply.
How to apply
If you'd like to apply for this product or just get more information, follow the application process on ANZ.