Save money or earn points by comparing low fee, low rate, rewards and frequent flyer credit cards from ANZ
Since opening its doors in Melbourne more than 150 years ago, ANZ has grown to become an international banking institution servicing customers all over Asia, the Pacific and Australia. ANZ is among the top hundred banks in the world and the range of ANZ credit cards reflects their status as a global financial organisation.
If you’re budget-conscious, ANZ offer low fee and low rate credit cards. There are platinum versions of these products too if you’re looking for a little extra. The super-premium black frequent flyer and rewards credit cards take earning points to a new level, but if the glitz of a black card isn’t your thing, there are entry level rewards cards to suit your budget too.
ANZ recognised awards
- Business bank of the year – Money Magazine named ANZ as the best business bank in Australia for the year of 2014.
- Home Loan Lender of the year – Money Magazine recognised ANZ as the home loan lender of year in 2014. ANZ have been named home loan lender of the year 13 times in recent history.
- Best Bank in Australia – UK magazine, ‘The Banker’ named ANZ the best bank in Australia and Laos for the year of 2010.
ANZ Credit Card Offer
The ANZ Low Rate offers a competitive long term balance transfer offer with a low ongoing purchase rate.
- $58 p.a. annual fee
- 13.49% p.a. on purchases
- 0% p.a. for 16 months with 2% balance transfer fee on balance transfers
- Cash Advance Rate of 21.74% p.a.
- Up to 55 days interest free
- Minimum Income Requirement of $15,000 p.a.
Comparison of ANZ Credit CardsRates last updated April 2nd, 2015
Types of ANZ Credit Cards
If you’re comparing different types of credit cards, look at the fees and features. The annual fee, the rates of interest, interest-free days and perks like insurance are the main points of difference between credit cards. ANZ have multiple products in each card category, so whether you want a low rate, low fee, rewards or frequent flyer credit card, you have a couple of options to choose from.
Low rate credit cards
ANZ offer a standard low rate product for an annual fee of just $58 p.a. But if you want more than just a way to make cheap purchases, there’s the ANZ Low Rate Platinum Credit Card. The Low Rate Platinum MasterCard has a higher annual fee, but combines the benefits of a low purchase rate of interest, complimentary insurance and MasterCard Platinum Privileges.
Low fee credit cards
The ANZ First and ANZ Platinum Visa credit cards are an option if you plan to pay your balance in full each month. For what they offer, both products have a low annual fee. There’s interest-free days on purchases, too — pay back what you spend when your statement comes and you can use these cards as an interest-free form of finance.
Rewards credit cards
The following credit cards are linked to the ANZ Rewards Program. Earn ANZ Rewards Points when you make an eligible purchase and redeem your points for gift vouchers, technology and flights.
Frequent flyer credit cards
These credit cards reward you with Qantas Points when you make an eligible purchase. You get a Visa card and an American Express card. The American Express gives you more points per dollar spent than the Visa card, but Visa is accepted in more places than the American Express.
Redeem your Qantas Points to take to the skies or use your points to shop in the Qantas online store. These cards come with perks, too, like a range of insurances. You can read more about the fees and features of these cards on our review pages by clicking ‘more info’.
Student Credit Cards
As a student you could assume that the realm of credit cards would be out reach and simply not affordable. ANZ’s solution for students combines a low fee and low minimum credit limit to minimise costs and encourages manageable credit.
The benefits of banking with ANZ
ANZ, Visa and MasterCard work together to provide more than just a product that gives you access to credit. When you apply for an ANZ credit card, you get extras like:
Internet banking — ANZ goMoney
goMoney is mobile banking application for smartphones and tablets. Once you’ve registered for Internet banking, you can download and login to the application using your customer reference number and telecode. This app has been made so it’s light on mobile data and has a simple user interface. goMoney compliments the ANZ Internet banking facility well. Between your desktop and smartphone, you’re able to manage your account(s), make payments and view recent transactions anywhere in the world, 24/7.
Fraud protection — ANZ Falcon
Falcon anti-fraud protection from ANZ monitors your account for suspicious transactions around-the-clock. If they find a transaction that which looks out of the ordinary, ANZ will be in contact to confirm that you’re using the card and not someone else. If you can’t be reached by ANZ, your card will be temporarily blocked until you can be contacted — better to be safe than sorry. If you are the victim of credit card fraud, ANZ will give you a full refund on the stolen funds.
MasterCard and Visa — global reach, contactless payments & privileges
ANZ works with both Visa and MasterCard to provide credit cards. Some cards are a Visa card, and other cards are a MasterCard card. Whichever card you get, you can benefit from worldwide acceptance, contactless payments and Visa and MasterCard privileges, like Visa entertainment, which offers discounts on selected experiences like concerts.
How to apply for an ANZ credit card
You can apply online for any of the ANZ credit cards listed on this page by clicking ‘Go to Site’. There are some eligibility requirements you must meet if you want to apply. The minimum income requirement varies depending on the card you want to apply for. Unlike other providers, you don’t need to be a permanent resident to apply for an ANZ credit card. If you’re a New Zealand citizen holding a special category visa or you hold a business investor or student visa with at least nine months remaining, you can apply for a credit card from ANZ.
Information needed for an ANZ credit card application
Have the following details about yourself and your finances handy to assist with your ANZ credit card application.
- Driver’s licence - If you have an Australian driver’s licence, you can provide the number to verify your identity with the bank.
- Personal details - This includes information like your contact details, your home address and your email address.
- Financial details - You will be asked to provide information about your employer and your financial situation (income and expenses). If you’re self-employed, you will need to provide your accountant’s contact details to ANZ.
Frequently Asked Questions
Here are the most frequently asked questions about ANZ credit cards. After reading our FAQs, if you still have a question about ANZ credit cards, get in touch with us using the form at the bottom of this page.
How do I set up ANZ online banking?
If you want to access and manage your ANZ credit card online, you’ll need to set up internet banking first. After you’re approved for an ANZ credit card, you need to give an ANZ customer service agent a call to get a customer registration number and a telecode. You’ll need to change your telecode to something you can remember. Once you have this information, you can complete the registration for internet banking and ANZ GoMoney by visiting the ANZ website.
What is my ANZ credit card monthly statement?
A credit card statement details your account activity for the month. Your ANZ credit card statement contains information about credit card transactions, the money deposited on the card, and whether any rewards or frequent flyer points have been awarded to you in the previous statement period. Statements are automatically sent to you in the mail, but you can elect to receive electronic statements if you wish.
How is interest calculated on my ANZ credit card?
If you’re carrying a balance on your ANZ credit card, Interest is calculated on a daily basis and charged monthly.
What is the minimum monthly repayment?
The minimum monthly repayment is a percentage of your total outstanding balance that you must pay back every statement period, which is generally monthly. The minimum monthly repayment is listed in our ANZ credit card application and review pages.
Can I pay a large one-off payment to cover the minimum repayment on my ANZ credit card for multiple months?
No, you have to pay the minimum monthly repayment by the due date. This information is listed on your credit card statement. You can’t pay your minimum monthly repayment early. If you don’t make the minimum monthly repayment, you will be charged a late payment fee.
How are my repayments allocated to my ANZ credit card?
When you make a credit card repayment, ANZ will repay your credit card balance in a specific order. The balances which attract the highest rates of interest will be paid back first and the balances which have the lower rates of interest will be paid back next and so on.
If I pay a bill with my ANZ credit card, is it a purchase or a cash advance?
If you pay a bill from your ANZ credit card account, the transaction may be charged as a purchase and it may be charged as a cash advance. It depends how the biller has set up the BPAY billing service. If the biller accepts credit card payments, then the transaction is a purchase, if not then it’s a cash advance.
How does my ANZ credit card interest-free period work?
If you pay your balance in full each month when you statement is issued, you won’t get charged any interest on the purchases you make on your ANZ credit card between statement periods.
My ANZ credit card is about to expire, how do I get a new one?
If your ANZ credit card is about to expire, ANZ will reissue with another credit card at the end of the month the card is set to expire.
Can I load my own money onto my ANZ credit card and still earn points when I spend?
If you load money onto your ANZ rewards credit card so it has a positive balance, any eligible purchases you make with the card will still earn points.
I have an ANZ frequent flyer credit card, when will I get my Qantas Points?
If you have an ANZ frequent flyer credit card, your Qantas Points will be credited to your account within 48 hours of the date your ANZ credit card statement is issued.
How do I close my ANZ credit card account?
If you want to cancel your ANZ credit card, all you have to do is make sure that you don’t owe any money on the card. Give an ANZ representative a call and they will be able to cancel the card for you.