ANZ Business One Visa Credit Card – Review & Application Details

Information verified correct on September 26th, 2016
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Whether you value rewards, a low rate or interest-free days, you can take your pick with an ANZ Business One Visa credit card.

The ANZ Business One Visa credit card comes in three flavours. You can choose between the ANZ Business Rewards Options, Low Rate or 55 Interest Free Days Visa credit cards and get the right card for your business’s needs.

ANZ Business One Visa credit card review

The ANZ Business One Visa credit card comes in three alternative options depending on what works best for you. If you’re looking to get some extra value from your card, you can reward your business spending with the ANZ Business Rewards Options card. Points can be redeemed for thousands of flight and non-flight rewards in the ANZ Business Rewards store.

Meanwhile, the ANZ Business 55 Interest Free Days card lets you make interest-free purchases from month to month if you’re able to pay your account in full by the statement due date.

And, if you want to save money on interest repayments if you carry a balance from one month to the next, you might want to consider the ANZ Business Low Rate card.

Each of the three products has different fees and interest rates, with the Rewards Options card being the most expensive of the three.

Features such as controlling the spending limits for additional cards and complimentary insurance are common between the three accounts, while other features, such as interest-free days and annual fee waivers, are not.

Benefits of the ANZ Business One Visa credit cards

Rewards Options

Rates last updated September 26th, 2016
Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee
ANZ Business One Visa Rewards Options
Be rewarded for spending on everyday business purchases with uncapped points earning.
18.99% p.a. $150 p.a. More info
  • Earn rewards. Get rewarded with 1 ANZ Business Rewards Point earned per dollar spent on eligible business purchases using the ANZ Business Rewards Options Visa.
  • Uncapped rewards. There’s no limit to the number of ANZ Rewards Points you can earn with this account, meaning your potential for rewards can go as far as your spending.
  • Redemption options. Redeem your points for flights, computers and gift vouchers, transfer your points to a frequent flyer program or get cash back. The ANZ Business Rewards store provides you with thousands of ways you can use your points for your business, your employees or yourself.
  • 40 interest-free days. Get up to 40 days interest free on purchases when you pay your account balance in full by the end of the statement period.

55 Interest Free Days

Rates last updated September 26th, 2016
Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee
ANZ Business One Visa Interest Free Days
Up to 55 days interest free on purchases as well as complimentary Company Liability Insurance and Cardholder Transit Accident Insurance.
17.74% p.a. $150 p.a. More info
  • No interest charges for 55 days.  A short term cash flow solution for your business, credit card purchases are interest free when you pay back your account balance by the statement due date.

Use the ANZ Business 55 Interest Free Days Visa to pay for day-to-day operating costs or big ticket purchases and there will be no additional interest charges for 55 days. Purchases accrue interest at 17.74% p.a. otherwise.

Low Rate

Rates last updated September 26th, 2016
Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee
ANZ Business One Visa Low Rate
Enjoy a low interest rate on purchases and complimentary Company Liability Insurance and Cardholder Transit Accident Insurance.
14.26% p.a. $150 p.a. More info
  • Pay less for purchases. The ANZ Business Low Rate Visa has the lowest ongoing purchase rate of all ANZ Business credit cards at 14.26% p.a. You’ll pay less in interest charges if you’re likely to carry a balance from one month to the next.
  • Save on the annual fee. You can avoid the annual fee of $150 for the ANZ Business Low Rate card and the additional cardholder annual fee of $30 if you charge $20,000 or more to the account in the first 12 months.

Features of the ANZ Business One Visa credit cards

Rewards Options

  • Business Rewards Points. Get 1 ANZ Business Rewards Point for every dollar spent on eligible purchases.
  • Annual fee. $150 p.a.
  • Additional cardholder annual fee. $75 p.a.
  • Purchase interest rate. Pay 18.99% p.a. on ANZ Business Rewards Options Visa purchases if your account is ineligible for interest-free days.
  • Cash advance interest rate. Cash advance transactions such as ATM withdrawals and the paying of some bills accrue interest at 20.34% p.a. Cash advance transactions are ineligible for interest-free days.
  • Cash advance fee. The greater of $1.50 or 1.50% of the cash advance amount.

ANZ Business One Rewards Options Visa credit card

55 Interest Free Days

  • Up to 55 interest-free days. Pay your account in full by the statement due date to make interest-free purchases from month to month.
  • Annual fee. $150 p.a.
  • Additional cardholder annual fee. $30 p.a.
  • Purchase interest rate. 17.74% p.a.
  • Cash advance interest rate. 19.24% p.a. Cash advance transactions are ineligible for interest-free days, and the transactions will begin to accrue interest right away.
  • Cash advance fee. The greater of $1.50 or 1.50% of the cash advance amount.

ANZ Business One 55 Interest Free Days Visa credit card

Low Rate

  • Annual fee waiver. Use your card for $20,000 worth of purchases in the first 12 months you have the account and you won’t pay an annual fee. If you don’t meet the spend requirement, ANZ apply an annual fee of $150 for the account and $30 for additional cards.
  • Purchase interest rate. 14.26% p.a. The ANZ Business Low Rate Visa does not provide interest-free days on purchases.
  • Cash advance interest rate. 16.41% p.a. Cash advance transactions may attract additional cash advance charges such as the cash advance fee.
  • Cash advance fee. The greater of $1.50 or 1.50% of the cash advance amount.

ANZ Business One Low Rate Visa credit card

Common features of the ANZ Business One Visa credit cards

The following credit card features are common to the ANZ Business Rewards Options, Low Rate and 55 Interest Free Days Visa credit cards:

  • Minimum credit limit. The minimum credit limit for the ANZ Business One Visa credit cards is $1,000.
  • Control employee spending. Set individual limits on each additional cards issued under this account.
  • Online access. View your additional card account balances and recent transactions anytime and anywhere by logging on the ANZ online banking application. This account also supports telephone banking.
  • Make mobile payments. Link your ANZ Business One  credit card to compatible Apple and Android smartphones so that you can leave your credit card at home and tap and go using your mobile. It’s just like using your credit card to make contactless purchases under $100.
  • VIsa acceptance. This account can be used at millions of ATMs and shops in Australia and overseas.
  • ANZ Falcon. ANZ Falcon is the round the clock fraud protection system that looks at spending patterns and card transaction to identify suspicious card usage and prevent credit card fraud.
  • Unauthorised Transaction Insurance. If any additional cardholders make unauthorized transactions or commit credit card fraud, you’re protected up to the value of $37,500 for each additional card, capped at $200,000 for the account.
  • Cardholder Transit Accident Insurance. If you or your employees have an accident on the way to work, and the cost of the trip has been charged to the ANZ Business One account, ANZ pays up to $250,000 in compensation. Immediate family are also eligible for cover.

How to apply for the ANZ Business One Visa credit card

Simply complete the secured online application from the ANZ website for the ANZ Business One card.

Eligibility requirements:

  • You’re authorised to open an account on behalf of the business.
  • All directors or proprietors are permanent Australian residents.
  • The account will be used mainly for business purposes.
  • All cardholders are aged 18 years or older.

The following business entities are eligible to apply for the ANZ Business One card:

  • Sole traders
  • Trusts
  • Companies
  • Partnerships
  • Associations
  • Co-operatives

Required information:

Have the following information and documents on hand so that you can complete the online application:

  • Business information. Your business’s ABN or ACN and the registered address.
  • Other accounts. Information on whether your business has accounts or a history of lending with ANZ or other financial institutions in Australia. For example, other credit cards or business loans and their limits.
  • Personal information. You’ll need to supply the personal details of each primary signatory and additional cardholders, such as names, dates of birth, addresses and information about assets and liabilities.

You may be able to find similar features for a comparable or lower annual fee. See how the ANZ Business One Visa credit cards compare against other low rate, interest-free and rewards credit cards on the market before you apply.

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8 Responses to ANZ Business One Visa Credit Card – Review & Application Details

  1. Default Gravatar
    Julie | July 5, 2016

    Can a frequent flyer reward card be set up for a business one ANZ credit card? If so, what are the fees associated with it and how do we go about setting it up? Thank you

    • Staff
      Anndy | July 7, 2016

      Hi Julie,

      Thanks for your comment.

      While the ANZ Business One Visa Credit Cards are not directly linked to a particular frequent flyer program, if you choose ANZ Business Rewards Options and ANZ Business Black, the rewards points you earned with these cards can be redeemed for Qantas and Velocity frequent flyer points among others. Redemption of points is free.

      I’ve sent you an email with the instructions on how to redeem ANZ Business One Visa Credit Card rewards points for frequent flyer points.

      Cheers,
      Anndy

  2. Default Gravatar
    Katie | May 20, 2016

    I am currently researching Business Rewards Credit Cards for my employer. Can you please advise what spend is required for $100 reward?

    • Staff
      May | May 20, 2016

      Hi Katie,

      Thanks for your inquiry.

      With ANZ Business One Visa Credit Card, the reward points are not in dollar/cash form. You can earn 1 point for every dollar spent on eligible purchases to put into your rewards package. These points can be redeemed for goods ranging from electronics to home wares from a wide array of popular retailers. Please refer to the T&Cs I sent to your email for more information about the rewards program of this card.

      Hope this helps.

      Cheers,
      May

  3. Default Gravatar
    OXFORD | February 27, 2015

    I have been to anz bank twice to ask them to change our mailing address for anz one business card
    could you please email me and I will give you the details Thank you
    Regards Pauline

    • Staff
      Jonathan | February 27, 2015

      Hi Pauline, thanks for your inquiry!

      Unfortunately finder.com.au is a comparison service and is not directly affiliated with ANZ, it would be best to escalate this inquiry to the customer complaints team. Their details are available on the ANZ website.

      Cheers,

      Jonathan

  4. Default Gravatar
    Gero | February 12, 2014

    Hi,

    I booked an airline ticket for a holiday for my daughter, who then fell ill during the holiday and incurred some medical expenses.
    Are these expenses covered through the transit insurance provided by my Business One card?

    Thanks
    Gero

    • Staff
      Jacob | February 12, 2014

      Hi, Gero.

      Thanks for your question.

      The terms and conditions state that: Cover is provided to dependent children (“all unmarried children of a Cardholder under the age of 16 who live with the Cardholder; or unmarried children of a Cardholder from the age of 16 to the age of 23 who are full-time students attending an accredited institution of higher learning in Australia, and are dependent upon the Cardholder for their maintenance and support and always live with the Cardholder or live with the Cardholder when they are not attending the accredited institution of higher learning.”) against the accidental loss of life, limb or eyesight while on a journey.

      For further information please contact Zurich, who are the policy provider.

      I hope this helps.

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