ANZ Low Rate Credit Card
Save on interest with a 0% balance transfer for 20 months.*
0% p.a. for 20 months on balance transfers and $0 Annual Fee in First Year with an ANZ Low Rate credit card.*
A top choice if you’re looking to save on interest you may currently be paying, the ANZ Low Rate credit card has an extremely competitive 0% balance transfer period. Enjoy no balance transfer fee, Apple Pay and Google Pay compatibility as well as complimentary Visa Entertainment membership.
*New card. Reverts to standard balance transfer rate, currently 20.24% p.a., after 20 months. T&Cs, eligibility criteria, fees and charges apply (including Annual Fee, currently $0 for the first year, $58 thereafter).
Balance Transfer Savings
0% Purchase Savings
You could save
Savings is an estimate of the amount saved on interest charges and annual fees, as a result of transferring an eligible balance to the 0% balance transfer card for the interest-free period.
The savings estimate is based on a daily compound interest rate formula, taking into consideration your inputs above, as well as applicable balance transfer and annual fees, along with the following assumptions:
• No additional purchases or withdrawals are made
• A minimum 3% balance repayment is made each month
• Annual fees for the current year are charged in the first month
• If applicable, the annual fee refund is processed in the month eligibility is met
• There are 30 days in each month
• Your existing card will be closed and will incur no further fees
• Other fees are excluded
All estimates are based on our assumptions and do not take into consideration your personal circumstances. Your experience may vary. Refer to our Website Terms & Conditions for more information.
Go to offer links directly to the bank’s website. Please ensure you review the full terms and conditions on the bank’s website prior to applying.
in 20 months
You could save
Savings is an estimate of the amount saved on interest charges and annual fees during the interest-free period, as a result of making a purchase on a 0% purchase card, rather than on your existing card.
The savings estimate is based on a daily compound interest rate formula, taking into consideration your inputs above, as well as the annual fee, along with the following assumptions:
• The purchase amount is incurred in the first month
• No additional purchases or withdrawals are made
• A minimum 3% balance repayment is made each month
• Annual fees for the current year are charged in the first month
• If applicable, the annual fee refund is processed in the month eligibility is met
• There are 30 days in each month
• Your existing card will be closed and will incur no further fees
• Other fees are excluded
All estimates are based on our assumptions and do not take into consideration your personal circumstances. Your experience may vary. Refer to our Website Terms & Conditions for more information.
Go to offer links directly to the bank’s website. Please ensure you review the full terms and conditions on the bank’s website prior to applying.
More info links to a detailed product page on our site.
in 20 months
email mep.a.
first year
then $58 p.a.
first year
then $58 p.a.
then $58 p.a.
annual fees
| Purchase Rate The standard interest rate that applies to purchases on the card | 12.49% p.a. |
|---|---|
| Mobile Cardless Payments | Yes Apple Pay, Google Pay, Samsung Pay |
| Card Type | Visa |
| Minimum Credit Limit | $1,000 |
| Cash Advance Rate Interest rate incurred for a cash advance | 20.24% p.a. |
| Interest Free Period The maximum period of time that no interest is charged on new purchases. May not be applicable if the account or closing balance is not paid in full by the due date. | Up to 55 days |
| Balance Transfer Limit Maximum percentage of your approved credit card limit that can be used for the balance transfer | 95% of approved limit |
| Balance Transfer Fee Fee incurred for processing a balance transfer | 0% |
| Balance Transfer Months Number of months the promotional balance transfer offer applies | 20 months |
| Balance Transfer Rate The interest rate applied to the balance transfer amount for a set period of time | 0% p.a. 0% p.a. for 20 months on Balance Transfers with 0% balance transfer fee |
| Annual Fee An annual fee is charged in full for each year or part of a year that the card is held. The annual fee may differ between the first and subsequent years. | $0 for the first year, then $58 p.a. |
| Balance Transfer Revert Rate The interest rate that will be charged on any remaining debt after the balance transfer period ends. This value could be variable depending on the card product. | 20.24% p.a. |
| Minimum Age | 18 years of age or over |
|---|---|
| Temporary Resident Application | Yes, conditions apply Must have more than 9 months available on Visa |
| Joint Application | No |
| International ATM Withdrawal Fee | $5 |
|---|---|
| Additional Cardholder Fee Fee incurred for adding an additional cardholder to the account | $0 |
| International Transaction Fee Fee incurred for transactions made in foreign currency | 3% of transaction amount |
| Annual Fee An annual fee is charged in full for each year or part of a year that the card is held. The annual fee may differ between the first and subsequent years. | $0 for the first year, then $58 p.a. |
| International Cash Advance Fee | 2% or $4, whichever is greater |
| Late Payment Fee Fee incurred if the minimum repayment is not paid by the due date | $20 |
| Minimum Monthly Repayment The minimum repayment that must be paid by the payment due date to avoid incurring late fees. Interest will still be charged on the remaining amount owing. | 2% or $25, whichever is greater |
| Cash Advance Fee | 2% or $4.00, whichever is greater |
| Maximum Additional Cardholders Maximum number of additional cardholders | Up to 3 |
Your Top Questions Answered for the ANZ Low Rate
What are the eligibility criteria for this credit card?
To apply for ANZ Low Rate credit card, you must be 18 years of age or over and a permanent Australian resident or a non-permanent resident with more than 9 months remaining on your Visa.
Can I use the card with Apple Pay or Google Pay?
Yes, you can use your card with the top mobile payment systems, including Apple Pay, Google Pay, Samsung Pay, Fitbit Pay and Garmin Pay.
Which banks can I transfer a balance from?
You can transfer a balance from any non-ANZ credit and store card account.
How much can I transfer onto this card?
You can transfer up to 95% of your available credit limit, however you must make sure to do this at the time of application.
Can I apply for the ANZ Low Rate card on my mobile?
Yes, you can apply for the ANZ Low Rate credit card securely via the ANZ website. The application is mobile-friendly and only takes 5 minutes.
