Credit Cards from ANZ
ANZ has a full range of credit cards to suit your needs and they have very competitive offers in the market.
| Credit Card |
More Information T&C's |
Interest Rate
Purchase (%p.a) |
Balance Transfer |
Rewards Program |
Annual
Fee |
|
 |
12.99% |
0%^
6 Months |
No
|
$58 |
|
|
18.74% |
7.99%
6 months |
No |
$30 |
Remember the right card for you will greatly depend on your spend, repayment, outstanding balance habits. As a general rule:
- Low Rate Cards don’t have rewards programs (there might be partner discount programs), charge annual fees, and have introductory balance transfer offers.
- No Annual Fee Cards have interest rates between 13-16%, don’t have rewards programs (there might be partner discount programs).
- Reward Program Cards have interest rates higher than 16%, annual fees above the $80 mark and reward program fees might be on top of this.
You will notice that cards generally charge a higher interest rate for cash advances than they do for purchases, the reason for this is the banks see these types of transactions as a higher risk. If you think that you will need to obtain cash advances from time to time make sure you go for a product that offers a low interest rate on such advances. The reason being is that any payments you make will come off the lowest interest bearing balance first, therefore leaving you with high interest bearing cash advances.
Products that offer a cash back actually give you cash back on your monthly statements. You receive a small percentage of cash back for the purchases made. Products that offer cash back programs are limited.
All information on the site is given without warrenty and does not take into account your specific financial position. The information is written in general terms and therefore care needs to be taken when applying this information to your situation.