American Express Platinum Card – how to apply and access luxury perks
Can a single card really cut interest costs and give you breathing space on existing debt? The ANZ Low Rate Credit Card positions itself as a practical choice for Australians who expect to carry a balance or need a long 0% offer on transfers.
It offers 0% p.a. on ANZ balance transfer for 26 months with a 3% balance transfer fee, a 13.74% p.a. ongoing purchase rate, and a waived first‑year annual fee — a saving of around $58.
After the promotional window ends, transferred balances revert to 21.99% p.a., and the card also lets customers repay eligible purchases in 3, 6 or 12‑month instalments.
The card is feature‑rich: compatible with Apple Pay, Google Pay, Samsung Pay and Garmin Pay, includes 24/7 anti‑fraud protection, allows up to three additional cardholders at no extra cost, and typically starts with a credit limit from $1,000. Those details matter when weighing the ANZ credit card application against rewards options or premium travel cards.
This guide focuses on the practical steps to secure low APR approval and use the ANZ Low Rate Credit Card cost‑effectively. It will cover eligibility, the ANZ credit card application process, tips to improve approval odds, and how the card compares with market alternatives, so readers can decide whether an ANZ balance transfer strategy or another approach best suits their finances.
The ANZ Low Rate Credit Card features a mix of tools aimed at lowering borrowing costs and simplifying repayments. It suits people who prioritise predictable interest charges and structured ways to tackle existing debt. The following items outline the core attributes and what cardholders can expect day to day.
The card offers a promotional 0% p.a. balance transfer for 26 months to help reduce debt quickly. There is a 3% balance transfer fee applied at the time of transfer.
Ongoing purchase rate sits at 13.74% p.a., lowering carrying costs compared with standard cards. First-year annual fee is waived, with a typical ongoing annual fee shown around $58 in product listings.
Interest rates are expressed as an annual percentage rate. The purchase APR of 13.74% p.a. converts to a daily interest rate by dividing by 365. That daily rate determines interest accrual when balances are carried.
Interest-free days ANZ offers depend on the statement cycle rather than the date of individual purchases. Cardholders can usually access up to 44–55 interest-free days on low-rate cards when the statement balance is paid in full each cycle.
Carrying any balance typically removes interest-free benefits for new purchases on some card types, so paying the statement balance in full avoids interest charges.
Balance transfers revert to a higher rate after the promotional period. Transferred balances move to about 21.99% p.a. once the 26 months ends, so repayment planning is important.
ANZ fees and charges include the waived first-year annual fee and the usual ongoing fee thereafter. The balance transfer fee is 3% of the amount transferred.
Cardholders should review the product disclosure statement for current ANZ fees and charges and to confirm how specific charges apply to their account.
The ANZ Low Rate Credit Card application will be judged on a few clear factors. Applicants should review basic requirements before applying to avoid delays. The bank checks identity, residency status and financial capacity when assessing ANZ Low Rate Credit Card eligibility.
Applicants must meet standard age rules for credit in Australia. Most people need to be at least 18 years old to apply. ANZ will ask for proof of residency or an appropriate visa if the applicant is not a permanent resident, so applicants should confirm specific age residency ANZ conditions on the bank’s documentation.
ANZ assesses the ability to repay by asking for regular income details. This covers salary, Centrelink payments or other steady income. Income requirements ANZ vary by product and desired credit limit; lower starting limits can suit applicants with modest earnings.
Applicants should be ready to provide payslips, bank statements and employer details to verify employment. A lower requested limit may improve chances for those with part-time work or variable income.
ANZ reviews credit bureau records, repayment history and current debt when deciding on an application. A clean ANZ credit history increases the likelihood of receiving the advertised rate and a reasonable limit. Recent defaults, missed payments or many credit enquiries may lead to higher personalised rates or declined applications.
This section guides applicants through the ANZ Low Rate Credit Card application so they can move from comparison to approval with fewer delays. It covers each step, the ANZ documentation typically required and practical ANZ approval tips to smooth the process.
Step-by-step application guide
Required documentation for approval
Tips for a smooth application experience
A focused plan increases the likelihood of a successful application for an ANZ Low Rate Credit Card. Lenders assess payment history, existing debt and overall financial behaviour. Practical steps help applicants present a stronger profile and improve ANZ Low Rate Credit Card approval odds.
Pay bills and current credit card balances on time to show consistent repayment. Keep credit enquiries to a minimum before applying. High volumes of recent checks can lower prospects.
Keep credit utilisation low by using a small portion of available limits. Check credit reports from Australian credit reporting bodies and fix any errors promptly. Experts such as Brad Kelly note that a well‑maintained file can lead to advertised rates and better limits.
Practical credit score tips Australia include setting up direct debits for minimum payments and reviewing statements monthly. Small, steady habits produce measurable improvements over time.
Reduce outstanding balances before applying when possible. Lower debt levels signal lower risk and may improve ANZ Low Rate Credit Card approval chances.
Use balance transfers strategically. ANZ’s 0% for 26 months offer can aid repayment but attracts a transfer fee. Calculate the payback schedule and compare fees against interest saved.
Avoid new large purchases or cash advances in the weeks surrounding an application. Consolidate high‑interest debts into the promotional period if it yields savings, while accounting for transfer fees and revert rates. These steps help manage credit card debt ANZ clients face.
Prepare a clear repayment plan for any promotional period to ensure balances clear before the revert rate applies. Use instalment options for major purchases to spread cost at lower rates where available.
Consider requesting a lower credit limit if concerned about over‑commitment. A smaller limit can reassure underwriters and improve approval odds.
Set payment reminders and automate minimum or full payments to avoid late fees. Review competing low‑rate products, such as those with lower ongoing APRs, to decide if ANZ’s long balance transfer period fits the applicant’s repayment strategy.
This comparison helps readers weigh ANZ’s offer against rival low rate cards in Australia. It focuses on promotional balance transfer terms, ongoing purchase APRs, fees and extra features so consumers can compare apples with apples. For a concise product link, see the ANZ guide ANZ Low Rate Credit Card comparison.
ANZ provides 26 months at 0% on balance transfers with a 3% BT fee and an ongoing purchase rate of 13.74% p.a. The first-year fee is waived, the starting limit is $1,000 and there are no rewards or travel/purchase insurance. Bankwest Breeze and Breeze Platinum offer 24 months 0% BT with a 3% BT fee and lower ongoing APRs around 12.99% p.a., although some Platinum variants charge an annual fee and include travel or foreign fee relief.
NAB’s low rate offer typically runs 24 months at a promotional BT rate near 5.99% p.a. in some variations, with an ongoing rate close to 13.49% p.a. and a first-year fee waiver before a $59 annual fee. Community options such as G&C Mutual Bank present very low ongoing APRs—around 7.49% p.a.—with a modest $50 annual fee and limited perks. American Express low rate options show ongoing rates near 10.99% after interest-free days, no annual fee and narrower merchant acceptance.
From a cost-effectiveness view, total balance transfer cost equals the BT fee plus any interest paid if the balance is not cleared within the promo term. ANZ’s 26-month 0% period gives extended time to repay large balances despite the 3% transfer fee, which can beat shorter promos or higher purchase APRs for debt-focused users. For those likely to carry balances beyond promotions, a lower ongoing APR product such as G&C Mutual Bank may reduce long-term interest outlay.
Non-rate factors matter. Absence of rewards on ANZ may be acceptable where interest savings are the priority. Frequent travellers who need no foreign transaction fees or built-in travel insurance could favour Bankwest Platinum or cards with included travel cover despite slightly higher APRs. In many purchasing scenarios, ANZ vs NAB low rate trade-offs hinge on promo structure versus ongoing APR and annual fee timing.
Readers who wish to compare low rate cards Australia-wide should weigh intended use: long-term balance repayment, frequent international spending, or carrying a persistent balance. A clear balance transfer comparison and side-by-side check of ongoing APRs, BT fees, annual fees and extra features will identify the best fit for specific financial goals.
ANZ Low Rate Credit Card reviews show a clear pattern. Many cardholders highlight the long balance transfer period and predictable low APR as the main reasons for choosing the card. Reports from Australian users reflect practical use cases rather than praise for premium perks.
Ratings collected from market commentary place the card high for debt consolidation. Reviewers often mention the 26-month balance transfer offer and the first-year fee waiver as valuable. Mobile-wallet compatibility and anti-fraud protections receive positive notes in many customer experiences ANZ.
Common points of praise focus on long promotional balance transfer terms and a straightforward fee structure that suits repayment plans. Cardholders appreciate the ability to add additional cardholders at no extra cost and find instalment options useful for larger purchases.
Common criticisms revolve around the 3% balance transfer fee, which some see as a barrier to switching. Users report surprise when transferred balances revert to a standard rate of 21.99% p.a. after the promotional term. Foreign transaction fees also trouble those who travel or shop overseas, reducing appeal for frequent international use.
Across ANZ Low Rate Credit Card reviews and broader customer experiences ANZ, the recurring theme is that the product serves its core purpose well. The balance of ANZ card praise and criticism helps prospective applicants weigh benefits for debt reduction against limits for rewards and travel spending.
The ANZ Low Rate Credit Card suits people who want to reduce interest costs and pay down balances methodically. It is not a rewards card, so the focus is on predictable repayments, lower ongoing APRs and a long balance transfer term. Using the card wisely means pairing a clear repayment plan with simple spending rules.
Pay at least the statement balance in full each month where possible to keep interest-free periods on purchases. If carrying a balance transfer, prioritise clearing the promotional amount within the 26-month term and include the 3% balance transfer fee in monthly calculations. Avoid cash advances and unnecessary overseas purchases unless the cardholder understands foreign transaction fees.
Accept that the ANZ Low Rate Credit Card offers cost-focused perks rather than points. Benefits include lower purchase APR compared with many rewards cards, a long 0% balance transfer term and fraud protection. If travel rewards or insurance are important, comparing other products may be better despite higher APRs.
Create a repayment schedule aligned with the 26-month promotional term and factor in the 3% fee when calculating monthly payments. Use instalment repayment options for large purchases to stabilise cash flow. Monitor statements monthly, enable alerts and set direct debits to avoid late fees that could void promotional rates. Before the promo ends, reassess options: pay down the balance, move to another low-rate product, or discuss personalised terms with ANZ.
When used as intended, the ANZ Low Rate Credit Card helps people with ANZ debt management and supports ANZ card smart spending. Discipline, clear budgeting and an informed approach will deliver genuine interest savings over time.
The ANZ Low Rate Credit Card is a product designed to minimise interest costs. It offers a 0% p.a. balance transfer promotion for 26 months (3% balance transfer fee) and an ongoing purchase rate of 13.74% p.a. with the first-year annual fee waived. It suits people carrying existing high-interest credit card debt who want a long interest-free period to repay balances. It is less suitable for those who prioritise rewards, travel insurance or frequent overseas spending.
Key benefits include a long 0% p.a. balance transfer period of 26 months, a lower ongoing purchase rate of 13.74% p.a., first-year annual fee waived, instalment repayment options for eligible purchases (3, 6 or 12 months), compatibility with Apple Pay, Google Pay, Samsung Pay and Garmin Pay, up to three additional cardholders at no extra cost, 24/7 anti-fraud protection and a starting credit limit from
The ANZ Low Rate Credit Card is a product designed to minimise interest costs. It offers a 0% p.a. balance transfer promotion for 26 months (3% balance transfer fee) and an ongoing purchase rate of 13.74% p.a. with the first-year annual fee waived. It suits people carrying existing high-interest credit card debt who want a long interest-free period to repay balances. It is less suitable for those who prioritise rewards, travel insurance or frequent overseas spending.
Key benefits include a long 0% p.a. balance transfer period of 26 months, a lower ongoing purchase rate of 13.74% p.a., first-year annual fee waived, instalment repayment options for eligible purchases (3, 6 or 12 months), compatibility with Apple Pay, Google Pay, Samsung Pay and Garmin Pay, up to three additional cardholders at no extra cost, 24/7 anti-fraud protection and a starting credit limit from $1,000.
The advertised purchase rate is an annual percentage rate (13.74% p.a. ongoing). APR converts to a daily rate by dividing by 365 to calculate interest accrual. Interest-free days on low-rate cards depend on statement cycles (commonly up to about 44–55 days). If a cardholder pays the statement balance in full each cycle, no interest is charged. Carrying any balance can remove interest-free benefits for new purchases on some cards.
Balance transfers are charged at 0% p.a. for 26 months with a 3% balance transfer fee applied to the transferred amount. After the promotional period, any remaining transferred balance reverts to 21.99% p.a., so it is important to plan repayments to clear the balance before the revert date.
The main fees include a 3% balance transfer fee and an ongoing annual fee (first year waived; typical ongoing figure around $58). Other possible charges across low-rate cards include foreign transaction fees (often ~2.95–3%), cash advance fees, late payment fees, over-limit fees and replacement card fees. Applicants should read the product disclosure statement for current, specific fees.
Typical eligibility requires applicants to be at least 18 years old and an Australian resident or hold suitable residency status. ANZ assesses income, employment and credit history. Starting credit limits can be lower (from $1,000), which helps applicants with modest incomes, but final eligibility and any personalised rate depend on ANZ’s assessment of an applicant’s financial situation and credit file.
ANZ requests details of regular income and employment to assess repayment ability. Applicants should be prepared to declare salary, Centrelink or other income and provide verification documents such as payslips, recent bank statements or tax returns. Self-employed applicants typically supply BAS, tax returns or a letter from an accountant.
ANZ reviews credit files, repayment history, existing debt levels and recent credit enquiries. Applicants with a strong, responsible credit history are more likely to be offered the advertised rates and favourable credit limits. Those with recent defaults or high credit utilisation may be offered higher personalised rates or declined.
Commonly required documents include a government-issued photo ID (driver licence or passport), recent payslips (typically one or two), bank statements showing income and obligations, proof of address (utility bill) and details of existing cards for balance transfers (account numbers and amounts). Self-employed people should provide business documents such as BAS or tax returns.
Applicants should compare and confirm product features, check eligibility, gather documents, complete the online application on ANZ’s website or apply in-branch, specify balance transfer amounts if relevant, upload supporting documents promptly if requested, await a decision (some are instant, some need manual review), then review the offered credit limit and rates on approval and set up mobile wallets or additional cardholders as desired.
Improve approval odds by maintaining a good credit score, reducing existing debt and credit utilisation before applying, ensuring personal details match ID, avoiding multiple credit enquiries in a short time, declaring all income sources, uploading clear documents, and applying when income and debt-to-income ratios are stronger.
Transferring debt incurs a 3% fee and the transferred balance reverts to 21.99% p.a. after the 26-month promo. Failure to clear the balance before expiry can be costly. Also check foreign transaction fees if travelling or shopping internationally, and avoid cash advances which typically attract higher fees and interest.
Create a repayment plan that includes the 3% transfer fee when calculating monthly payments needed to clear the transferred balance within 26 months. Prioritise paying down promotional balances, set up direct debits or reminders, and consider using the card’s instalment options for planned purchases to keep repayments predictable.
ANZ stands out for its long 26-month 0% balance transfer. Competitors may offer slightly lower ongoing APRs (examples include products with rates around 7–13.99% p.a.), different BT lengths (24 months or shorter), varying annual fees and features such as travel insurance or no foreign fees. Choose ANZ for extended BT time; choose a lower ongoing APR provider if planning to carry balances beyond promos.
Yes. The ANZ Low Rate card is compatible with Apple Pay, Google Pay, Samsung Pay and Garmin Pay. It allows up to three additional cardholders at no extra cost, with the primary cardholder responsible for charges made by authorised users.
Users commonly praise the extended 26-month balance transfer period, fee-waived first year, instalment options and fraud protections. Criticisms focus on the 3% balance transfer fee, lack of rewards and travel insurance, potential foreign transaction fees and the high revert rate (21.99% p.a.) after the promotional term if balances remain.
Reassess remaining balance and repayment progress well before expiry. Options include paying the balance off, transferring remaining debt to another promotional offer, negotiating with ANZ for a personalised rate or switching to a lower ongoing APR provider. Prepare so the remainder is not exposed to the high revert rate.
Pay at least the minimum repayments on time, ideally the full statement balance where possible, keep credit utilisation low relative to limits, avoid frequent credit enquiries, and regularly check credit reports for errors to correct with credit reporting bodies. Responsible behaviour increases chances of favourable future offers.
It is primarily a low-cost, debt-reduction product and not optimised for frequent international spending. Many low-rate cards, including ANZ, may charge foreign transaction fees (~2.95–3%). Travellers who need no foreign fees or travel insurance should compare alternative cards geared to overseas spending.
,000.
The advertised purchase rate is an annual percentage rate (13.74% p.a. ongoing). APR converts to a daily rate by dividing by 365 to calculate interest accrual. Interest-free days on low-rate cards depend on statement cycles (commonly up to about 44–55 days). If a cardholder pays the statement balance in full each cycle, no interest is charged. Carrying any balance can remove interest-free benefits for new purchases on some cards.
Balance transfers are charged at 0% p.a. for 26 months with a 3% balance transfer fee applied to the transferred amount. After the promotional period, any remaining transferred balance reverts to 21.99% p.a., so it is important to plan repayments to clear the balance before the revert date.
The main fees include a 3% balance transfer fee and an ongoing annual fee (first year waived; typical ongoing figure around ). Other possible charges across low-rate cards include foreign transaction fees (often ~2.95–3%), cash advance fees, late payment fees, over-limit fees and replacement card fees. Applicants should read the product disclosure statement for current, specific fees.
Typical eligibility requires applicants to be at least 18 years old and an Australian resident or hold suitable residency status. ANZ assesses income, employment and credit history. Starting credit limits can be lower (from
The ANZ Low Rate Credit Card is a product designed to minimise interest costs. It offers a 0% p.a. balance transfer promotion for 26 months (3% balance transfer fee) and an ongoing purchase rate of 13.74% p.a. with the first-year annual fee waived. It suits people carrying existing high-interest credit card debt who want a long interest-free period to repay balances. It is less suitable for those who prioritise rewards, travel insurance or frequent overseas spending.
Key benefits include a long 0% p.a. balance transfer period of 26 months, a lower ongoing purchase rate of 13.74% p.a., first-year annual fee waived, instalment repayment options for eligible purchases (3, 6 or 12 months), compatibility with Apple Pay, Google Pay, Samsung Pay and Garmin Pay, up to three additional cardholders at no extra cost, 24/7 anti-fraud protection and a starting credit limit from $1,000.
The advertised purchase rate is an annual percentage rate (13.74% p.a. ongoing). APR converts to a daily rate by dividing by 365 to calculate interest accrual. Interest-free days on low-rate cards depend on statement cycles (commonly up to about 44–55 days). If a cardholder pays the statement balance in full each cycle, no interest is charged. Carrying any balance can remove interest-free benefits for new purchases on some cards.
Balance transfers are charged at 0% p.a. for 26 months with a 3% balance transfer fee applied to the transferred amount. After the promotional period, any remaining transferred balance reverts to 21.99% p.a., so it is important to plan repayments to clear the balance before the revert date.
The main fees include a 3% balance transfer fee and an ongoing annual fee (first year waived; typical ongoing figure around $58). Other possible charges across low-rate cards include foreign transaction fees (often ~2.95–3%), cash advance fees, late payment fees, over-limit fees and replacement card fees. Applicants should read the product disclosure statement for current, specific fees.
Typical eligibility requires applicants to be at least 18 years old and an Australian resident or hold suitable residency status. ANZ assesses income, employment and credit history. Starting credit limits can be lower (from $1,000), which helps applicants with modest incomes, but final eligibility and any personalised rate depend on ANZ’s assessment of an applicant’s financial situation and credit file.
ANZ requests details of regular income and employment to assess repayment ability. Applicants should be prepared to declare salary, Centrelink or other income and provide verification documents such as payslips, recent bank statements or tax returns. Self-employed applicants typically supply BAS, tax returns or a letter from an accountant.
ANZ reviews credit files, repayment history, existing debt levels and recent credit enquiries. Applicants with a strong, responsible credit history are more likely to be offered the advertised rates and favourable credit limits. Those with recent defaults or high credit utilisation may be offered higher personalised rates or declined.
Commonly required documents include a government-issued photo ID (driver licence or passport), recent payslips (typically one or two), bank statements showing income and obligations, proof of address (utility bill) and details of existing cards for balance transfers (account numbers and amounts). Self-employed people should provide business documents such as BAS or tax returns.
Applicants should compare and confirm product features, check eligibility, gather documents, complete the online application on ANZ’s website or apply in-branch, specify balance transfer amounts if relevant, upload supporting documents promptly if requested, await a decision (some are instant, some need manual review), then review the offered credit limit and rates on approval and set up mobile wallets or additional cardholders as desired.
Improve approval odds by maintaining a good credit score, reducing existing debt and credit utilisation before applying, ensuring personal details match ID, avoiding multiple credit enquiries in a short time, declaring all income sources, uploading clear documents, and applying when income and debt-to-income ratios are stronger.
Transferring debt incurs a 3% fee and the transferred balance reverts to 21.99% p.a. after the 26-month promo. Failure to clear the balance before expiry can be costly. Also check foreign transaction fees if travelling or shopping internationally, and avoid cash advances which typically attract higher fees and interest.
Create a repayment plan that includes the 3% transfer fee when calculating monthly payments needed to clear the transferred balance within 26 months. Prioritise paying down promotional balances, set up direct debits or reminders, and consider using the card’s instalment options for planned purchases to keep repayments predictable.
ANZ stands out for its long 26-month 0% balance transfer. Competitors may offer slightly lower ongoing APRs (examples include products with rates around 7–13.99% p.a.), different BT lengths (24 months or shorter), varying annual fees and features such as travel insurance or no foreign fees. Choose ANZ for extended BT time; choose a lower ongoing APR provider if planning to carry balances beyond promos.
Yes. The ANZ Low Rate card is compatible with Apple Pay, Google Pay, Samsung Pay and Garmin Pay. It allows up to three additional cardholders at no extra cost, with the primary cardholder responsible for charges made by authorised users.
Users commonly praise the extended 26-month balance transfer period, fee-waived first year, instalment options and fraud protections. Criticisms focus on the 3% balance transfer fee, lack of rewards and travel insurance, potential foreign transaction fees and the high revert rate (21.99% p.a.) after the promotional term if balances remain.
Reassess remaining balance and repayment progress well before expiry. Options include paying the balance off, transferring remaining debt to another promotional offer, negotiating with ANZ for a personalised rate or switching to a lower ongoing APR provider. Prepare so the remainder is not exposed to the high revert rate.
Pay at least the minimum repayments on time, ideally the full statement balance where possible, keep credit utilisation low relative to limits, avoid frequent credit enquiries, and regularly check credit reports for errors to correct with credit reporting bodies. Responsible behaviour increases chances of favourable future offers.
It is primarily a low-cost, debt-reduction product and not optimised for frequent international spending. Many low-rate cards, including ANZ, may charge foreign transaction fees (~2.95–3%). Travellers who need no foreign fees or travel insurance should compare alternative cards geared to overseas spending.
,000), which helps applicants with modest incomes, but final eligibility and any personalised rate depend on ANZ’s assessment of an applicant’s financial situation and credit file.
ANZ requests details of regular income and employment to assess repayment ability. Applicants should be prepared to declare salary, Centrelink or other income and provide verification documents such as payslips, recent bank statements or tax returns. Self-employed applicants typically supply BAS, tax returns or a letter from an accountant.
ANZ reviews credit files, repayment history, existing debt levels and recent credit enquiries. Applicants with a strong, responsible credit history are more likely to be offered the advertised rates and favourable credit limits. Those with recent defaults or high credit utilisation may be offered higher personalised rates or declined.
Commonly required documents include a government-issued photo ID (driver licence or passport), recent payslips (typically one or two), bank statements showing income and obligations, proof of address (utility bill) and details of existing cards for balance transfers (account numbers and amounts). Self-employed people should provide business documents such as BAS or tax returns.
Applicants should compare and confirm product features, check eligibility, gather documents, complete the online application on ANZ’s website or apply in-branch, specify balance transfer amounts if relevant, upload supporting documents promptly if requested, await a decision (some are instant, some need manual review), then review the offered credit limit and rates on approval and set up mobile wallets or additional cardholders as desired.
Improve approval odds by maintaining a good credit score, reducing existing debt and credit utilisation before applying, ensuring personal details match ID, avoiding multiple credit enquiries in a short time, declaring all income sources, uploading clear documents, and applying when income and debt-to-income ratios are stronger.
Transferring debt incurs a 3% fee and the transferred balance reverts to 21.99% p.a. after the 26-month promo. Failure to clear the balance before expiry can be costly. Also check foreign transaction fees if travelling or shopping internationally, and avoid cash advances which typically attract higher fees and interest.
Create a repayment plan that includes the 3% transfer fee when calculating monthly payments needed to clear the transferred balance within 26 months. Prioritise paying down promotional balances, set up direct debits or reminders, and consider using the card’s instalment options for planned purchases to keep repayments predictable.
ANZ stands out for its long 26-month 0% balance transfer. Competitors may offer slightly lower ongoing APRs (examples include products with rates around 7–13.99% p.a.), different BT lengths (24 months or shorter), varying annual fees and features such as travel insurance or no foreign fees. Choose ANZ for extended BT time; choose a lower ongoing APR provider if planning to carry balances beyond promos.
Yes. The ANZ Low Rate card is compatible with Apple Pay, Google Pay, Samsung Pay and Garmin Pay. It allows up to three additional cardholders at no extra cost, with the primary cardholder responsible for charges made by authorised users.
Users commonly praise the extended 26-month balance transfer period, fee-waived first year, instalment options and fraud protections. Criticisms focus on the 3% balance transfer fee, lack of rewards and travel insurance, potential foreign transaction fees and the high revert rate (21.99% p.a.) after the promotional term if balances remain.
Reassess remaining balance and repayment progress well before expiry. Options include paying the balance off, transferring remaining debt to another promotional offer, negotiating with ANZ for a personalised rate or switching to a lower ongoing APR provider. Prepare so the remainder is not exposed to the high revert rate.
Pay at least the minimum repayments on time, ideally the full statement balance where possible, keep credit utilisation low relative to limits, avoid frequent credit enquiries, and regularly check credit reports for errors to correct with credit reporting bodies. Responsible behaviour increases chances of favourable future offers.
It is primarily a low-cost, debt-reduction product and not optimised for frequent international spending. Many low-rate cards, including ANZ, may charge foreign transaction fees (~2.95–3%). Travellers who need no foreign fees or travel insurance should compare alternative cards geared to overseas spending.
The ANZ Low Rate Credit Card is a product designed to minimise interest costs. It offers a 0% p.a. balance transfer promotion for 26 months (3% balance transfer fee) and an ongoing purchase rate of 13.74% p.a. with the first-year annual fee waived. It suits people carrying existing high-interest credit card debt who want a long interest-free period to repay balances. It is less suitable for those who prioritise rewards, travel insurance or frequent overseas spending.
Key benefits include a long 0% p.a. balance transfer period of 26 months, a lower ongoing purchase rate of 13.74% p.a., first-year annual fee waived, instalment repayment options for eligible purchases (3, 6 or 12 months), compatibility with Apple Pay, Google Pay, Samsung Pay and Garmin Pay, up to three additional cardholders at no extra cost, 24/7 anti-fraud protection and a starting credit limit from
The ANZ Low Rate Credit Card is a product designed to minimise interest costs. It offers a 0% p.a. balance transfer promotion for 26 months (3% balance transfer fee) and an ongoing purchase rate of 13.74% p.a. with the first-year annual fee waived. It suits people carrying existing high-interest credit card debt who want a long interest-free period to repay balances. It is less suitable for those who prioritise rewards, travel insurance or frequent overseas spending.
Key benefits include a long 0% p.a. balance transfer period of 26 months, a lower ongoing purchase rate of 13.74% p.a., first-year annual fee waived, instalment repayment options for eligible purchases (3, 6 or 12 months), compatibility with Apple Pay, Google Pay, Samsung Pay and Garmin Pay, up to three additional cardholders at no extra cost, 24/7 anti-fraud protection and a starting credit limit from $1,000.
The advertised purchase rate is an annual percentage rate (13.74% p.a. ongoing). APR converts to a daily rate by dividing by 365 to calculate interest accrual. Interest-free days on low-rate cards depend on statement cycles (commonly up to about 44–55 days). If a cardholder pays the statement balance in full each cycle, no interest is charged. Carrying any balance can remove interest-free benefits for new purchases on some cards.
Balance transfers are charged at 0% p.a. for 26 months with a 3% balance transfer fee applied to the transferred amount. After the promotional period, any remaining transferred balance reverts to 21.99% p.a., so it is important to plan repayments to clear the balance before the revert date.
The main fees include a 3% balance transfer fee and an ongoing annual fee (first year waived; typical ongoing figure around $58). Other possible charges across low-rate cards include foreign transaction fees (often ~2.95–3%), cash advance fees, late payment fees, over-limit fees and replacement card fees. Applicants should read the product disclosure statement for current, specific fees.
Typical eligibility requires applicants to be at least 18 years old and an Australian resident or hold suitable residency status. ANZ assesses income, employment and credit history. Starting credit limits can be lower (from $1,000), which helps applicants with modest incomes, but final eligibility and any personalised rate depend on ANZ’s assessment of an applicant’s financial situation and credit file.
ANZ requests details of regular income and employment to assess repayment ability. Applicants should be prepared to declare salary, Centrelink or other income and provide verification documents such as payslips, recent bank statements or tax returns. Self-employed applicants typically supply BAS, tax returns or a letter from an accountant.
ANZ reviews credit files, repayment history, existing debt levels and recent credit enquiries. Applicants with a strong, responsible credit history are more likely to be offered the advertised rates and favourable credit limits. Those with recent defaults or high credit utilisation may be offered higher personalised rates or declined.
Commonly required documents include a government-issued photo ID (driver licence or passport), recent payslips (typically one or two), bank statements showing income and obligations, proof of address (utility bill) and details of existing cards for balance transfers (account numbers and amounts). Self-employed people should provide business documents such as BAS or tax returns.
Applicants should compare and confirm product features, check eligibility, gather documents, complete the online application on ANZ’s website or apply in-branch, specify balance transfer amounts if relevant, upload supporting documents promptly if requested, await a decision (some are instant, some need manual review), then review the offered credit limit and rates on approval and set up mobile wallets or additional cardholders as desired.
Improve approval odds by maintaining a good credit score, reducing existing debt and credit utilisation before applying, ensuring personal details match ID, avoiding multiple credit enquiries in a short time, declaring all income sources, uploading clear documents, and applying when income and debt-to-income ratios are stronger.
Transferring debt incurs a 3% fee and the transferred balance reverts to 21.99% p.a. after the 26-month promo. Failure to clear the balance before expiry can be costly. Also check foreign transaction fees if travelling or shopping internationally, and avoid cash advances which typically attract higher fees and interest.
Create a repayment plan that includes the 3% transfer fee when calculating monthly payments needed to clear the transferred balance within 26 months. Prioritise paying down promotional balances, set up direct debits or reminders, and consider using the card’s instalment options for planned purchases to keep repayments predictable.
ANZ stands out for its long 26-month 0% balance transfer. Competitors may offer slightly lower ongoing APRs (examples include products with rates around 7–13.99% p.a.), different BT lengths (24 months or shorter), varying annual fees and features such as travel insurance or no foreign fees. Choose ANZ for extended BT time; choose a lower ongoing APR provider if planning to carry balances beyond promos.
Yes. The ANZ Low Rate card is compatible with Apple Pay, Google Pay, Samsung Pay and Garmin Pay. It allows up to three additional cardholders at no extra cost, with the primary cardholder responsible for charges made by authorised users.
Users commonly praise the extended 26-month balance transfer period, fee-waived first year, instalment options and fraud protections. Criticisms focus on the 3% balance transfer fee, lack of rewards and travel insurance, potential foreign transaction fees and the high revert rate (21.99% p.a.) after the promotional term if balances remain.
Reassess remaining balance and repayment progress well before expiry. Options include paying the balance off, transferring remaining debt to another promotional offer, negotiating with ANZ for a personalised rate or switching to a lower ongoing APR provider. Prepare so the remainder is not exposed to the high revert rate.
Pay at least the minimum repayments on time, ideally the full statement balance where possible, keep credit utilisation low relative to limits, avoid frequent credit enquiries, and regularly check credit reports for errors to correct with credit reporting bodies. Responsible behaviour increases chances of favourable future offers.
It is primarily a low-cost, debt-reduction product and not optimised for frequent international spending. Many low-rate cards, including ANZ, may charge foreign transaction fees (~2.95–3%). Travellers who need no foreign fees or travel insurance should compare alternative cards geared to overseas spending.
,000.
The advertised purchase rate is an annual percentage rate (13.74% p.a. ongoing). APR converts to a daily rate by dividing by 365 to calculate interest accrual. Interest-free days on low-rate cards depend on statement cycles (commonly up to about 44–55 days). If a cardholder pays the statement balance in full each cycle, no interest is charged. Carrying any balance can remove interest-free benefits for new purchases on some cards.
Balance transfers are charged at 0% p.a. for 26 months with a 3% balance transfer fee applied to the transferred amount. After the promotional period, any remaining transferred balance reverts to 21.99% p.a., so it is important to plan repayments to clear the balance before the revert date.
The main fees include a 3% balance transfer fee and an ongoing annual fee (first year waived; typical ongoing figure around ). Other possible charges across low-rate cards include foreign transaction fees (often ~2.95–3%), cash advance fees, late payment fees, over-limit fees and replacement card fees. Applicants should read the product disclosure statement for current, specific fees.
Typical eligibility requires applicants to be at least 18 years old and an Australian resident or hold suitable residency status. ANZ assesses income, employment and credit history. Starting credit limits can be lower (from
The ANZ Low Rate Credit Card is a product designed to minimise interest costs. It offers a 0% p.a. balance transfer promotion for 26 months (3% balance transfer fee) and an ongoing purchase rate of 13.74% p.a. with the first-year annual fee waived. It suits people carrying existing high-interest credit card debt who want a long interest-free period to repay balances. It is less suitable for those who prioritise rewards, travel insurance or frequent overseas spending.
Key benefits include a long 0% p.a. balance transfer period of 26 months, a lower ongoing purchase rate of 13.74% p.a., first-year annual fee waived, instalment repayment options for eligible purchases (3, 6 or 12 months), compatibility with Apple Pay, Google Pay, Samsung Pay and Garmin Pay, up to three additional cardholders at no extra cost, 24/7 anti-fraud protection and a starting credit limit from $1,000.
The advertised purchase rate is an annual percentage rate (13.74% p.a. ongoing). APR converts to a daily rate by dividing by 365 to calculate interest accrual. Interest-free days on low-rate cards depend on statement cycles (commonly up to about 44–55 days). If a cardholder pays the statement balance in full each cycle, no interest is charged. Carrying any balance can remove interest-free benefits for new purchases on some cards.
Balance transfers are charged at 0% p.a. for 26 months with a 3% balance transfer fee applied to the transferred amount. After the promotional period, any remaining transferred balance reverts to 21.99% p.a., so it is important to plan repayments to clear the balance before the revert date.
The main fees include a 3% balance transfer fee and an ongoing annual fee (first year waived; typical ongoing figure around $58). Other possible charges across low-rate cards include foreign transaction fees (often ~2.95–3%), cash advance fees, late payment fees, over-limit fees and replacement card fees. Applicants should read the product disclosure statement for current, specific fees.
Typical eligibility requires applicants to be at least 18 years old and an Australian resident or hold suitable residency status. ANZ assesses income, employment and credit history. Starting credit limits can be lower (from $1,000), which helps applicants with modest incomes, but final eligibility and any personalised rate depend on ANZ’s assessment of an applicant’s financial situation and credit file.
ANZ requests details of regular income and employment to assess repayment ability. Applicants should be prepared to declare salary, Centrelink or other income and provide verification documents such as payslips, recent bank statements or tax returns. Self-employed applicants typically supply BAS, tax returns or a letter from an accountant.
ANZ reviews credit files, repayment history, existing debt levels and recent credit enquiries. Applicants with a strong, responsible credit history are more likely to be offered the advertised rates and favourable credit limits. Those with recent defaults or high credit utilisation may be offered higher personalised rates or declined.
Commonly required documents include a government-issued photo ID (driver licence or passport), recent payslips (typically one or two), bank statements showing income and obligations, proof of address (utility bill) and details of existing cards for balance transfers (account numbers and amounts). Self-employed people should provide business documents such as BAS or tax returns.
Applicants should compare and confirm product features, check eligibility, gather documents, complete the online application on ANZ’s website or apply in-branch, specify balance transfer amounts if relevant, upload supporting documents promptly if requested, await a decision (some are instant, some need manual review), then review the offered credit limit and rates on approval and set up mobile wallets or additional cardholders as desired.
Improve approval odds by maintaining a good credit score, reducing existing debt and credit utilisation before applying, ensuring personal details match ID, avoiding multiple credit enquiries in a short time, declaring all income sources, uploading clear documents, and applying when income and debt-to-income ratios are stronger.
Transferring debt incurs a 3% fee and the transferred balance reverts to 21.99% p.a. after the 26-month promo. Failure to clear the balance before expiry can be costly. Also check foreign transaction fees if travelling or shopping internationally, and avoid cash advances which typically attract higher fees and interest.
Create a repayment plan that includes the 3% transfer fee when calculating monthly payments needed to clear the transferred balance within 26 months. Prioritise paying down promotional balances, set up direct debits or reminders, and consider using the card’s instalment options for planned purchases to keep repayments predictable.
ANZ stands out for its long 26-month 0% balance transfer. Competitors may offer slightly lower ongoing APRs (examples include products with rates around 7–13.99% p.a.), different BT lengths (24 months or shorter), varying annual fees and features such as travel insurance or no foreign fees. Choose ANZ for extended BT time; choose a lower ongoing APR provider if planning to carry balances beyond promos.
Yes. The ANZ Low Rate card is compatible with Apple Pay, Google Pay, Samsung Pay and Garmin Pay. It allows up to three additional cardholders at no extra cost, with the primary cardholder responsible for charges made by authorised users.
Users commonly praise the extended 26-month balance transfer period, fee-waived first year, instalment options and fraud protections. Criticisms focus on the 3% balance transfer fee, lack of rewards and travel insurance, potential foreign transaction fees and the high revert rate (21.99% p.a.) after the promotional term if balances remain.
Reassess remaining balance and repayment progress well before expiry. Options include paying the balance off, transferring remaining debt to another promotional offer, negotiating with ANZ for a personalised rate or switching to a lower ongoing APR provider. Prepare so the remainder is not exposed to the high revert rate.
Pay at least the minimum repayments on time, ideally the full statement balance where possible, keep credit utilisation low relative to limits, avoid frequent credit enquiries, and regularly check credit reports for errors to correct with credit reporting bodies. Responsible behaviour increases chances of favourable future offers.
It is primarily a low-cost, debt-reduction product and not optimised for frequent international spending. Many low-rate cards, including ANZ, may charge foreign transaction fees (~2.95–3%). Travellers who need no foreign fees or travel insurance should compare alternative cards geared to overseas spending.
,000), which helps applicants with modest incomes, but final eligibility and any personalised rate depend on ANZ’s assessment of an applicant’s financial situation and credit file.
ANZ requests details of regular income and employment to assess repayment ability. Applicants should be prepared to declare salary, Centrelink or other income and provide verification documents such as payslips, recent bank statements or tax returns. Self-employed applicants typically supply BAS, tax returns or a letter from an accountant.
ANZ reviews credit files, repayment history, existing debt levels and recent credit enquiries. Applicants with a strong, responsible credit history are more likely to be offered the advertised rates and favourable credit limits. Those with recent defaults or high credit utilisation may be offered higher personalised rates or declined.
Commonly required documents include a government-issued photo ID (driver licence or passport), recent payslips (typically one or two), bank statements showing income and obligations, proof of address (utility bill) and details of existing cards for balance transfers (account numbers and amounts). Self-employed people should provide business documents such as BAS or tax returns.
Applicants should compare and confirm product features, check eligibility, gather documents, complete the online application on ANZ’s website or apply in-branch, specify balance transfer amounts if relevant, upload supporting documents promptly if requested, await a decision (some are instant, some need manual review), then review the offered credit limit and rates on approval and set up mobile wallets or additional cardholders as desired.
Improve approval odds by maintaining a good credit score, reducing existing debt and credit utilisation before applying, ensuring personal details match ID, avoiding multiple credit enquiries in a short time, declaring all income sources, uploading clear documents, and applying when income and debt-to-income ratios are stronger.
Transferring debt incurs a 3% fee and the transferred balance reverts to 21.99% p.a. after the 26-month promo. Failure to clear the balance before expiry can be costly. Also check foreign transaction fees if travelling or shopping internationally, and avoid cash advances which typically attract higher fees and interest.
Create a repayment plan that includes the 3% transfer fee when calculating monthly payments needed to clear the transferred balance within 26 months. Prioritise paying down promotional balances, set up direct debits or reminders, and consider using the card’s instalment options for planned purchases to keep repayments predictable.
ANZ stands out for its long 26-month 0% balance transfer. Competitors may offer slightly lower ongoing APRs (examples include products with rates around 7–13.99% p.a.), different BT lengths (24 months or shorter), varying annual fees and features such as travel insurance or no foreign fees. Choose ANZ for extended BT time; choose a lower ongoing APR provider if planning to carry balances beyond promos.
Yes. The ANZ Low Rate card is compatible with Apple Pay, Google Pay, Samsung Pay and Garmin Pay. It allows up to three additional cardholders at no extra cost, with the primary cardholder responsible for charges made by authorised users.
Users commonly praise the extended 26-month balance transfer period, fee-waived first year, instalment options and fraud protections. Criticisms focus on the 3% balance transfer fee, lack of rewards and travel insurance, potential foreign transaction fees and the high revert rate (21.99% p.a.) after the promotional term if balances remain.
Reassess remaining balance and repayment progress well before expiry. Options include paying the balance off, transferring remaining debt to another promotional offer, negotiating with ANZ for a personalised rate or switching to a lower ongoing APR provider. Prepare so the remainder is not exposed to the high revert rate.
Pay at least the minimum repayments on time, ideally the full statement balance where possible, keep credit utilisation low relative to limits, avoid frequent credit enquiries, and regularly check credit reports for errors to correct with credit reporting bodies. Responsible behaviour increases chances of favourable future offers.
It is primarily a low-cost, debt-reduction product and not optimised for frequent international spending. Many low-rate cards, including ANZ, may charge foreign transaction fees (~2.95–3%). Travellers who need no foreign fees or travel insurance should compare alternative cards geared to overseas spending.
The ANZ Low Rate Credit Card is a product designed to minimise interest costs. It offers a 0% p.a. balance transfer promotion for 26 months (3% balance transfer fee) and an ongoing purchase rate of 13.74% p.a. with the first-year annual fee waived. It suits people carrying existing high-interest credit card debt who want a long interest-free period to repay balances. It is less suitable for those who prioritise rewards, travel insurance or frequent overseas spending.
Key benefits include a long 0% p.a. balance transfer period of 26 months, a lower ongoing purchase rate of 13.74% p.a., first-year annual fee waived, instalment repayment options for eligible purchases (3, 6 or 12 months), compatibility with Apple Pay, Google Pay, Samsung Pay and Garmin Pay, up to three additional cardholders at no extra cost, 24/7 anti-fraud protection and a starting credit limit from
The ANZ Low Rate Credit Card is a product designed to minimise interest costs. It offers a 0% p.a. balance transfer promotion for 26 months (3% balance transfer fee) and an ongoing purchase rate of 13.74% p.a. with the first-year annual fee waived. It suits people carrying existing high-interest credit card debt who want a long interest-free period to repay balances. It is less suitable for those who prioritise rewards, travel insurance or frequent overseas spending.
Key benefits include a long 0% p.a. balance transfer period of 26 months, a lower ongoing purchase rate of 13.74% p.a., first-year annual fee waived, instalment repayment options for eligible purchases (3, 6 or 12 months), compatibility with Apple Pay, Google Pay, Samsung Pay and Garmin Pay, up to three additional cardholders at no extra cost, 24/7 anti-fraud protection and a starting credit limit from $1,000.
The advertised purchase rate is an annual percentage rate (13.74% p.a. ongoing). APR converts to a daily rate by dividing by 365 to calculate interest accrual. Interest-free days on low-rate cards depend on statement cycles (commonly up to about 44–55 days). If a cardholder pays the statement balance in full each cycle, no interest is charged. Carrying any balance can remove interest-free benefits for new purchases on some cards.
Balance transfers are charged at 0% p.a. for 26 months with a 3% balance transfer fee applied to the transferred amount. After the promotional period, any remaining transferred balance reverts to 21.99% p.a., so it is important to plan repayments to clear the balance before the revert date.
The main fees include a 3% balance transfer fee and an ongoing annual fee (first year waived; typical ongoing figure around $58). Other possible charges across low-rate cards include foreign transaction fees (often ~2.95–3%), cash advance fees, late payment fees, over-limit fees and replacement card fees. Applicants should read the product disclosure statement for current, specific fees.
Typical eligibility requires applicants to be at least 18 years old and an Australian resident or hold suitable residency status. ANZ assesses income, employment and credit history. Starting credit limits can be lower (from $1,000), which helps applicants with modest incomes, but final eligibility and any personalised rate depend on ANZ’s assessment of an applicant’s financial situation and credit file.
ANZ requests details of regular income and employment to assess repayment ability. Applicants should be prepared to declare salary, Centrelink or other income and provide verification documents such as payslips, recent bank statements or tax returns. Self-employed applicants typically supply BAS, tax returns or a letter from an accountant.
ANZ reviews credit files, repayment history, existing debt levels and recent credit enquiries. Applicants with a strong, responsible credit history are more likely to be offered the advertised rates and favourable credit limits. Those with recent defaults or high credit utilisation may be offered higher personalised rates or declined.
Commonly required documents include a government-issued photo ID (driver licence or passport), recent payslips (typically one or two), bank statements showing income and obligations, proof of address (utility bill) and details of existing cards for balance transfers (account numbers and amounts). Self-employed people should provide business documents such as BAS or tax returns.
Applicants should compare and confirm product features, check eligibility, gather documents, complete the online application on ANZ’s website or apply in-branch, specify balance transfer amounts if relevant, upload supporting documents promptly if requested, await a decision (some are instant, some need manual review), then review the offered credit limit and rates on approval and set up mobile wallets or additional cardholders as desired.
Improve approval odds by maintaining a good credit score, reducing existing debt and credit utilisation before applying, ensuring personal details match ID, avoiding multiple credit enquiries in a short time, declaring all income sources, uploading clear documents, and applying when income and debt-to-income ratios are stronger.
Transferring debt incurs a 3% fee and the transferred balance reverts to 21.99% p.a. after the 26-month promo. Failure to clear the balance before expiry can be costly. Also check foreign transaction fees if travelling or shopping internationally, and avoid cash advances which typically attract higher fees and interest.
Create a repayment plan that includes the 3% transfer fee when calculating monthly payments needed to clear the transferred balance within 26 months. Prioritise paying down promotional balances, set up direct debits or reminders, and consider using the card’s instalment options for planned purchases to keep repayments predictable.
ANZ stands out for its long 26-month 0% balance transfer. Competitors may offer slightly lower ongoing APRs (examples include products with rates around 7–13.99% p.a.), different BT lengths (24 months or shorter), varying annual fees and features such as travel insurance or no foreign fees. Choose ANZ for extended BT time; choose a lower ongoing APR provider if planning to carry balances beyond promos.
Yes. The ANZ Low Rate card is compatible with Apple Pay, Google Pay, Samsung Pay and Garmin Pay. It allows up to three additional cardholders at no extra cost, with the primary cardholder responsible for charges made by authorised users.
Users commonly praise the extended 26-month balance transfer period, fee-waived first year, instalment options and fraud protections. Criticisms focus on the 3% balance transfer fee, lack of rewards and travel insurance, potential foreign transaction fees and the high revert rate (21.99% p.a.) after the promotional term if balances remain.
Reassess remaining balance and repayment progress well before expiry. Options include paying the balance off, transferring remaining debt to another promotional offer, negotiating with ANZ for a personalised rate or switching to a lower ongoing APR provider. Prepare so the remainder is not exposed to the high revert rate.
Pay at least the minimum repayments on time, ideally the full statement balance where possible, keep credit utilisation low relative to limits, avoid frequent credit enquiries, and regularly check credit reports for errors to correct with credit reporting bodies. Responsible behaviour increases chances of favourable future offers.
It is primarily a low-cost, debt-reduction product and not optimised for frequent international spending. Many low-rate cards, including ANZ, may charge foreign transaction fees (~2.95–3%). Travellers who need no foreign fees or travel insurance should compare alternative cards geared to overseas spending.
,000.
The advertised purchase rate is an annual percentage rate (13.74% p.a. ongoing). APR converts to a daily rate by dividing by 365 to calculate interest accrual. Interest-free days on low-rate cards depend on statement cycles (commonly up to about 44–55 days). If a cardholder pays the statement balance in full each cycle, no interest is charged. Carrying any balance can remove interest-free benefits for new purchases on some cards.
Balance transfers are charged at 0% p.a. for 26 months with a 3% balance transfer fee applied to the transferred amount. After the promotional period, any remaining transferred balance reverts to 21.99% p.a., so it is important to plan repayments to clear the balance before the revert date.
The main fees include a 3% balance transfer fee and an ongoing annual fee (first year waived; typical ongoing figure around ). Other possible charges across low-rate cards include foreign transaction fees (often ~2.95–3%), cash advance fees, late payment fees, over-limit fees and replacement card fees. Applicants should read the product disclosure statement for current, specific fees.
Typical eligibility requires applicants to be at least 18 years old and an Australian resident or hold suitable residency status. ANZ assesses income, employment and credit history. Starting credit limits can be lower (from
The ANZ Low Rate Credit Card is a product designed to minimise interest costs. It offers a 0% p.a. balance transfer promotion for 26 months (3% balance transfer fee) and an ongoing purchase rate of 13.74% p.a. with the first-year annual fee waived. It suits people carrying existing high-interest credit card debt who want a long interest-free period to repay balances. It is less suitable for those who prioritise rewards, travel insurance or frequent overseas spending.
Key benefits include a long 0% p.a. balance transfer period of 26 months, a lower ongoing purchase rate of 13.74% p.a., first-year annual fee waived, instalment repayment options for eligible purchases (3, 6 or 12 months), compatibility with Apple Pay, Google Pay, Samsung Pay and Garmin Pay, up to three additional cardholders at no extra cost, 24/7 anti-fraud protection and a starting credit limit from $1,000.
The advertised purchase rate is an annual percentage rate (13.74% p.a. ongoing). APR converts to a daily rate by dividing by 365 to calculate interest accrual. Interest-free days on low-rate cards depend on statement cycles (commonly up to about 44–55 days). If a cardholder pays the statement balance in full each cycle, no interest is charged. Carrying any balance can remove interest-free benefits for new purchases on some cards.
Balance transfers are charged at 0% p.a. for 26 months with a 3% balance transfer fee applied to the transferred amount. After the promotional period, any remaining transferred balance reverts to 21.99% p.a., so it is important to plan repayments to clear the balance before the revert date.
The main fees include a 3% balance transfer fee and an ongoing annual fee (first year waived; typical ongoing figure around $58). Other possible charges across low-rate cards include foreign transaction fees (often ~2.95–3%), cash advance fees, late payment fees, over-limit fees and replacement card fees. Applicants should read the product disclosure statement for current, specific fees.
Typical eligibility requires applicants to be at least 18 years old and an Australian resident or hold suitable residency status. ANZ assesses income, employment and credit history. Starting credit limits can be lower (from $1,000), which helps applicants with modest incomes, but final eligibility and any personalised rate depend on ANZ’s assessment of an applicant’s financial situation and credit file.
ANZ requests details of regular income and employment to assess repayment ability. Applicants should be prepared to declare salary, Centrelink or other income and provide verification documents such as payslips, recent bank statements or tax returns. Self-employed applicants typically supply BAS, tax returns or a letter from an accountant.
ANZ reviews credit files, repayment history, existing debt levels and recent credit enquiries. Applicants with a strong, responsible credit history are more likely to be offered the advertised rates and favourable credit limits. Those with recent defaults or high credit utilisation may be offered higher personalised rates or declined.
Commonly required documents include a government-issued photo ID (driver licence or passport), recent payslips (typically one or two), bank statements showing income and obligations, proof of address (utility bill) and details of existing cards for balance transfers (account numbers and amounts). Self-employed people should provide business documents such as BAS or tax returns.
Applicants should compare and confirm product features, check eligibility, gather documents, complete the online application on ANZ’s website or apply in-branch, specify balance transfer amounts if relevant, upload supporting documents promptly if requested, await a decision (some are instant, some need manual review), then review the offered credit limit and rates on approval and set up mobile wallets or additional cardholders as desired.
Improve approval odds by maintaining a good credit score, reducing existing debt and credit utilisation before applying, ensuring personal details match ID, avoiding multiple credit enquiries in a short time, declaring all income sources, uploading clear documents, and applying when income and debt-to-income ratios are stronger.
Transferring debt incurs a 3% fee and the transferred balance reverts to 21.99% p.a. after the 26-month promo. Failure to clear the balance before expiry can be costly. Also check foreign transaction fees if travelling or shopping internationally, and avoid cash advances which typically attract higher fees and interest.
Create a repayment plan that includes the 3% transfer fee when calculating monthly payments needed to clear the transferred balance within 26 months. Prioritise paying down promotional balances, set up direct debits or reminders, and consider using the card’s instalment options for planned purchases to keep repayments predictable.
ANZ stands out for its long 26-month 0% balance transfer. Competitors may offer slightly lower ongoing APRs (examples include products with rates around 7–13.99% p.a.), different BT lengths (24 months or shorter), varying annual fees and features such as travel insurance or no foreign fees. Choose ANZ for extended BT time; choose a lower ongoing APR provider if planning to carry balances beyond promos.
Yes. The ANZ Low Rate card is compatible with Apple Pay, Google Pay, Samsung Pay and Garmin Pay. It allows up to three additional cardholders at no extra cost, with the primary cardholder responsible for charges made by authorised users.
Users commonly praise the extended 26-month balance transfer period, fee-waived first year, instalment options and fraud protections. Criticisms focus on the 3% balance transfer fee, lack of rewards and travel insurance, potential foreign transaction fees and the high revert rate (21.99% p.a.) after the promotional term if balances remain.
Reassess remaining balance and repayment progress well before expiry. Options include paying the balance off, transferring remaining debt to another promotional offer, negotiating with ANZ for a personalised rate or switching to a lower ongoing APR provider. Prepare so the remainder is not exposed to the high revert rate.
Pay at least the minimum repayments on time, ideally the full statement balance where possible, keep credit utilisation low relative to limits, avoid frequent credit enquiries, and regularly check credit reports for errors to correct with credit reporting bodies. Responsible behaviour increases chances of favourable future offers.
It is primarily a low-cost, debt-reduction product and not optimised for frequent international spending. Many low-rate cards, including ANZ, may charge foreign transaction fees (~2.95–3%). Travellers who need no foreign fees or travel insurance should compare alternative cards geared to overseas spending.
,000), which helps applicants with modest incomes, but final eligibility and any personalised rate depend on ANZ’s assessment of an applicant’s financial situation and credit file.
ANZ requests details of regular income and employment to assess repayment ability. Applicants should be prepared to declare salary, Centrelink or other income and provide verification documents such as payslips, recent bank statements or tax returns. Self-employed applicants typically supply BAS, tax returns or a letter from an accountant.
ANZ reviews credit files, repayment history, existing debt levels and recent credit enquiries. Applicants with a strong, responsible credit history are more likely to be offered the advertised rates and favourable credit limits. Those with recent defaults or high credit utilisation may be offered higher personalised rates or declined.
Commonly required documents include a government-issued photo ID (driver licence or passport), recent payslips (typically one or two), bank statements showing income and obligations, proof of address (utility bill) and details of existing cards for balance transfers (account numbers and amounts). Self-employed people should provide business documents such as BAS or tax returns.
Applicants should compare and confirm product features, check eligibility, gather documents, complete the online application on ANZ’s website or apply in-branch, specify balance transfer amounts if relevant, upload supporting documents promptly if requested, await a decision (some are instant, some need manual review), then review the offered credit limit and rates on approval and set up mobile wallets or additional cardholders as desired.
Improve approval odds by maintaining a good credit score, reducing existing debt and credit utilisation before applying, ensuring personal details match ID, avoiding multiple credit enquiries in a short time, declaring all income sources, uploading clear documents, and applying when income and debt-to-income ratios are stronger.
Transferring debt incurs a 3% fee and the transferred balance reverts to 21.99% p.a. after the 26-month promo. Failure to clear the balance before expiry can be costly. Also check foreign transaction fees if travelling or shopping internationally, and avoid cash advances which typically attract higher fees and interest.
Create a repayment plan that includes the 3% transfer fee when calculating monthly payments needed to clear the transferred balance within 26 months. Prioritise paying down promotional balances, set up direct debits or reminders, and consider using the card’s instalment options for planned purchases to keep repayments predictable.
ANZ stands out for its long 26-month 0% balance transfer. Competitors may offer slightly lower ongoing APRs (examples include products with rates around 7–13.99% p.a.), different BT lengths (24 months or shorter), varying annual fees and features such as travel insurance or no foreign fees. Choose ANZ for extended BT time; choose a lower ongoing APR provider if planning to carry balances beyond promos.
Yes. The ANZ Low Rate card is compatible with Apple Pay, Google Pay, Samsung Pay and Garmin Pay. It allows up to three additional cardholders at no extra cost, with the primary cardholder responsible for charges made by authorised users.
Users commonly praise the extended 26-month balance transfer period, fee-waived first year, instalment options and fraud protections. Criticisms focus on the 3% balance transfer fee, lack of rewards and travel insurance, potential foreign transaction fees and the high revert rate (21.99% p.a.) after the promotional term if balances remain.
Reassess remaining balance and repayment progress well before expiry. Options include paying the balance off, transferring remaining debt to another promotional offer, negotiating with ANZ for a personalised rate or switching to a lower ongoing APR provider. Prepare so the remainder is not exposed to the high revert rate.
Pay at least the minimum repayments on time, ideally the full statement balance where possible, keep credit utilisation low relative to limits, avoid frequent credit enquiries, and regularly check credit reports for errors to correct with credit reporting bodies. Responsible behaviour increases chances of favourable future offers.
It is primarily a low-cost, debt-reduction product and not optimised for frequent international spending. Many low-rate cards, including ANZ, may charge foreign transaction fees (~2.95–3%). Travellers who need no foreign fees or travel insurance should compare alternative cards geared to overseas spending.
The ANZ Low Rate Credit Card is a product designed to minimise interest costs. It offers a 0% p.a. balance transfer promotion for 26 months (3% balance transfer fee) and an ongoing purchase rate of 13.74% p.a. with the first-year annual fee waived. It suits people carrying existing high-interest credit card debt who want a long interest-free period to repay balances. It is less suitable for those who prioritise rewards, travel insurance or frequent overseas spending.
Key benefits include a long 0% p.a. balance transfer period of 26 months, a lower ongoing purchase rate of 13.74% p.a., first-year annual fee waived, instalment repayment options for eligible purchases (3, 6 or 12 months), compatibility with Apple Pay, Google Pay, Samsung Pay and Garmin Pay, up to three additional cardholders at no extra cost, 24/7 anti-fraud protection and a starting credit limit from
The ANZ Low Rate Credit Card is a product designed to minimise interest costs. It offers a 0% p.a. balance transfer promotion for 26 months (3% balance transfer fee) and an ongoing purchase rate of 13.74% p.a. with the first-year annual fee waived. It suits people carrying existing high-interest credit card debt who want a long interest-free period to repay balances. It is less suitable for those who prioritise rewards, travel insurance or frequent overseas spending.
Key benefits include a long 0% p.a. balance transfer period of 26 months, a lower ongoing purchase rate of 13.74% p.a., first-year annual fee waived, instalment repayment options for eligible purchases (3, 6 or 12 months), compatibility with Apple Pay, Google Pay, Samsung Pay and Garmin Pay, up to three additional cardholders at no extra cost, 24/7 anti-fraud protection and a starting credit limit from $1,000.
The advertised purchase rate is an annual percentage rate (13.74% p.a. ongoing). APR converts to a daily rate by dividing by 365 to calculate interest accrual. Interest-free days on low-rate cards depend on statement cycles (commonly up to about 44–55 days). If a cardholder pays the statement balance in full each cycle, no interest is charged. Carrying any balance can remove interest-free benefits for new purchases on some cards.
Balance transfers are charged at 0% p.a. for 26 months with a 3% balance transfer fee applied to the transferred amount. After the promotional period, any remaining transferred balance reverts to 21.99% p.a., so it is important to plan repayments to clear the balance before the revert date.
The main fees include a 3% balance transfer fee and an ongoing annual fee (first year waived; typical ongoing figure around $58). Other possible charges across low-rate cards include foreign transaction fees (often ~2.95–3%), cash advance fees, late payment fees, over-limit fees and replacement card fees. Applicants should read the product disclosure statement for current, specific fees.
Typical eligibility requires applicants to be at least 18 years old and an Australian resident or hold suitable residency status. ANZ assesses income, employment and credit history. Starting credit limits can be lower (from $1,000), which helps applicants with modest incomes, but final eligibility and any personalised rate depend on ANZ’s assessment of an applicant’s financial situation and credit file.
ANZ requests details of regular income and employment to assess repayment ability. Applicants should be prepared to declare salary, Centrelink or other income and provide verification documents such as payslips, recent bank statements or tax returns. Self-employed applicants typically supply BAS, tax returns or a letter from an accountant.
ANZ reviews credit files, repayment history, existing debt levels and recent credit enquiries. Applicants with a strong, responsible credit history are more likely to be offered the advertised rates and favourable credit limits. Those with recent defaults or high credit utilisation may be offered higher personalised rates or declined.
Commonly required documents include a government-issued photo ID (driver licence or passport), recent payslips (typically one or two), bank statements showing income and obligations, proof of address (utility bill) and details of existing cards for balance transfers (account numbers and amounts). Self-employed people should provide business documents such as BAS or tax returns.
Applicants should compare and confirm product features, check eligibility, gather documents, complete the online application on ANZ’s website or apply in-branch, specify balance transfer amounts if relevant, upload supporting documents promptly if requested, await a decision (some are instant, some need manual review), then review the offered credit limit and rates on approval and set up mobile wallets or additional cardholders as desired.
Improve approval odds by maintaining a good credit score, reducing existing debt and credit utilisation before applying, ensuring personal details match ID, avoiding multiple credit enquiries in a short time, declaring all income sources, uploading clear documents, and applying when income and debt-to-income ratios are stronger.
Transferring debt incurs a 3% fee and the transferred balance reverts to 21.99% p.a. after the 26-month promo. Failure to clear the balance before expiry can be costly. Also check foreign transaction fees if travelling or shopping internationally, and avoid cash advances which typically attract higher fees and interest.
Create a repayment plan that includes the 3% transfer fee when calculating monthly payments needed to clear the transferred balance within 26 months. Prioritise paying down promotional balances, set up direct debits or reminders, and consider using the card’s instalment options for planned purchases to keep repayments predictable.
ANZ stands out for its long 26-month 0% balance transfer. Competitors may offer slightly lower ongoing APRs (examples include products with rates around 7–13.99% p.a.), different BT lengths (24 months or shorter), varying annual fees and features such as travel insurance or no foreign fees. Choose ANZ for extended BT time; choose a lower ongoing APR provider if planning to carry balances beyond promos.
Yes. The ANZ Low Rate card is compatible with Apple Pay, Google Pay, Samsung Pay and Garmin Pay. It allows up to three additional cardholders at no extra cost, with the primary cardholder responsible for charges made by authorised users.
Users commonly praise the extended 26-month balance transfer period, fee-waived first year, instalment options and fraud protections. Criticisms focus on the 3% balance transfer fee, lack of rewards and travel insurance, potential foreign transaction fees and the high revert rate (21.99% p.a.) after the promotional term if balances remain.
Reassess remaining balance and repayment progress well before expiry. Options include paying the balance off, transferring remaining debt to another promotional offer, negotiating with ANZ for a personalised rate or switching to a lower ongoing APR provider. Prepare so the remainder is not exposed to the high revert rate.
Pay at least the minimum repayments on time, ideally the full statement balance where possible, keep credit utilisation low relative to limits, avoid frequent credit enquiries, and regularly check credit reports for errors to correct with credit reporting bodies. Responsible behaviour increases chances of favourable future offers.
It is primarily a low-cost, debt-reduction product and not optimised for frequent international spending. Many low-rate cards, including ANZ, may charge foreign transaction fees (~2.95–3%). Travellers who need no foreign fees or travel insurance should compare alternative cards geared to overseas spending.
,000.
The advertised purchase rate is an annual percentage rate (13.74% p.a. ongoing). APR converts to a daily rate by dividing by 365 to calculate interest accrual. Interest-free days on low-rate cards depend on statement cycles (commonly up to about 44–55 days). If a cardholder pays the statement balance in full each cycle, no interest is charged. Carrying any balance can remove interest-free benefits for new purchases on some cards.
Balance transfers are charged at 0% p.a. for 26 months with a 3% balance transfer fee applied to the transferred amount. After the promotional period, any remaining transferred balance reverts to 21.99% p.a., so it is important to plan repayments to clear the balance before the revert date.
The main fees include a 3% balance transfer fee and an ongoing annual fee (first year waived; typical ongoing figure around ). Other possible charges across low-rate cards include foreign transaction fees (often ~2.95–3%), cash advance fees, late payment fees, over-limit fees and replacement card fees. Applicants should read the product disclosure statement for current, specific fees.
Typical eligibility requires applicants to be at least 18 years old and an Australian resident or hold suitable residency status. ANZ assesses income, employment and credit history. Starting credit limits can be lower (from
The ANZ Low Rate Credit Card is a product designed to minimise interest costs. It offers a 0% p.a. balance transfer promotion for 26 months (3% balance transfer fee) and an ongoing purchase rate of 13.74% p.a. with the first-year annual fee waived. It suits people carrying existing high-interest credit card debt who want a long interest-free period to repay balances. It is less suitable for those who prioritise rewards, travel insurance or frequent overseas spending.
Key benefits include a long 0% p.a. balance transfer period of 26 months, a lower ongoing purchase rate of 13.74% p.a., first-year annual fee waived, instalment repayment options for eligible purchases (3, 6 or 12 months), compatibility with Apple Pay, Google Pay, Samsung Pay and Garmin Pay, up to three additional cardholders at no extra cost, 24/7 anti-fraud protection and a starting credit limit from $1,000.
The advertised purchase rate is an annual percentage rate (13.74% p.a. ongoing). APR converts to a daily rate by dividing by 365 to calculate interest accrual. Interest-free days on low-rate cards depend on statement cycles (commonly up to about 44–55 days). If a cardholder pays the statement balance in full each cycle, no interest is charged. Carrying any balance can remove interest-free benefits for new purchases on some cards.
Balance transfers are charged at 0% p.a. for 26 months with a 3% balance transfer fee applied to the transferred amount. After the promotional period, any remaining transferred balance reverts to 21.99% p.a., so it is important to plan repayments to clear the balance before the revert date.
The main fees include a 3% balance transfer fee and an ongoing annual fee (first year waived; typical ongoing figure around $58). Other possible charges across low-rate cards include foreign transaction fees (often ~2.95–3%), cash advance fees, late payment fees, over-limit fees and replacement card fees. Applicants should read the product disclosure statement for current, specific fees.
Typical eligibility requires applicants to be at least 18 years old and an Australian resident or hold suitable residency status. ANZ assesses income, employment and credit history. Starting credit limits can be lower (from $1,000), which helps applicants with modest incomes, but final eligibility and any personalised rate depend on ANZ’s assessment of an applicant’s financial situation and credit file.
ANZ requests details of regular income and employment to assess repayment ability. Applicants should be prepared to declare salary, Centrelink or other income and provide verification documents such as payslips, recent bank statements or tax returns. Self-employed applicants typically supply BAS, tax returns or a letter from an accountant.
ANZ reviews credit files, repayment history, existing debt levels and recent credit enquiries. Applicants with a strong, responsible credit history are more likely to be offered the advertised rates and favourable credit limits. Those with recent defaults or high credit utilisation may be offered higher personalised rates or declined.
Commonly required documents include a government-issued photo ID (driver licence or passport), recent payslips (typically one or two), bank statements showing income and obligations, proof of address (utility bill) and details of existing cards for balance transfers (account numbers and amounts). Self-employed people should provide business documents such as BAS or tax returns.
Applicants should compare and confirm product features, check eligibility, gather documents, complete the online application on ANZ’s website or apply in-branch, specify balance transfer amounts if relevant, upload supporting documents promptly if requested, await a decision (some are instant, some need manual review), then review the offered credit limit and rates on approval and set up mobile wallets or additional cardholders as desired.
Improve approval odds by maintaining a good credit score, reducing existing debt and credit utilisation before applying, ensuring personal details match ID, avoiding multiple credit enquiries in a short time, declaring all income sources, uploading clear documents, and applying when income and debt-to-income ratios are stronger.
Transferring debt incurs a 3% fee and the transferred balance reverts to 21.99% p.a. after the 26-month promo. Failure to clear the balance before expiry can be costly. Also check foreign transaction fees if travelling or shopping internationally, and avoid cash advances which typically attract higher fees and interest.
Create a repayment plan that includes the 3% transfer fee when calculating monthly payments needed to clear the transferred balance within 26 months. Prioritise paying down promotional balances, set up direct debits or reminders, and consider using the card’s instalment options for planned purchases to keep repayments predictable.
ANZ stands out for its long 26-month 0% balance transfer. Competitors may offer slightly lower ongoing APRs (examples include products with rates around 7–13.99% p.a.), different BT lengths (24 months or shorter), varying annual fees and features such as travel insurance or no foreign fees. Choose ANZ for extended BT time; choose a lower ongoing APR provider if planning to carry balances beyond promos.
Yes. The ANZ Low Rate card is compatible with Apple Pay, Google Pay, Samsung Pay and Garmin Pay. It allows up to three additional cardholders at no extra cost, with the primary cardholder responsible for charges made by authorised users.
Users commonly praise the extended 26-month balance transfer period, fee-waived first year, instalment options and fraud protections. Criticisms focus on the 3% balance transfer fee, lack of rewards and travel insurance, potential foreign transaction fees and the high revert rate (21.99% p.a.) after the promotional term if balances remain.
Reassess remaining balance and repayment progress well before expiry. Options include paying the balance off, transferring remaining debt to another promotional offer, negotiating with ANZ for a personalised rate or switching to a lower ongoing APR provider. Prepare so the remainder is not exposed to the high revert rate.
Pay at least the minimum repayments on time, ideally the full statement balance where possible, keep credit utilisation low relative to limits, avoid frequent credit enquiries, and regularly check credit reports for errors to correct with credit reporting bodies. Responsible behaviour increases chances of favourable future offers.
It is primarily a low-cost, debt-reduction product and not optimised for frequent international spending. Many low-rate cards, including ANZ, may charge foreign transaction fees (~2.95–3%). Travellers who need no foreign fees or travel insurance should compare alternative cards geared to overseas spending.
,000), which helps applicants with modest incomes, but final eligibility and any personalised rate depend on ANZ’s assessment of an applicant’s financial situation and credit file.
ANZ requests details of regular income and employment to assess repayment ability. Applicants should be prepared to declare salary, Centrelink or other income and provide verification documents such as payslips, recent bank statements or tax returns. Self-employed applicants typically supply BAS, tax returns or a letter from an accountant.
ANZ reviews credit files, repayment history, existing debt levels and recent credit enquiries. Applicants with a strong, responsible credit history are more likely to be offered the advertised rates and favourable credit limits. Those with recent defaults or high credit utilisation may be offered higher personalised rates or declined.
Commonly required documents include a government-issued photo ID (driver licence or passport), recent payslips (typically one or two), bank statements showing income and obligations, proof of address (utility bill) and details of existing cards for balance transfers (account numbers and amounts). Self-employed people should provide business documents such as BAS or tax returns.
Applicants should compare and confirm product features, check eligibility, gather documents, complete the online application on ANZ’s website or apply in-branch, specify balance transfer amounts if relevant, upload supporting documents promptly if requested, await a decision (some are instant, some need manual review), then review the offered credit limit and rates on approval and set up mobile wallets or additional cardholders as desired.
Improve approval odds by maintaining a good credit score, reducing existing debt and credit utilisation before applying, ensuring personal details match ID, avoiding multiple credit enquiries in a short time, declaring all income sources, uploading clear documents, and applying when income and debt-to-income ratios are stronger.
Transferring debt incurs a 3% fee and the transferred balance reverts to 21.99% p.a. after the 26-month promo. Failure to clear the balance before expiry can be costly. Also check foreign transaction fees if travelling or shopping internationally, and avoid cash advances which typically attract higher fees and interest.
Create a repayment plan that includes the 3% transfer fee when calculating monthly payments needed to clear the transferred balance within 26 months. Prioritise paying down promotional balances, set up direct debits or reminders, and consider using the card’s instalment options for planned purchases to keep repayments predictable.
ANZ stands out for its long 26-month 0% balance transfer. Competitors may offer slightly lower ongoing APRs (examples include products with rates around 7–13.99% p.a.), different BT lengths (24 months or shorter), varying annual fees and features such as travel insurance or no foreign fees. Choose ANZ for extended BT time; choose a lower ongoing APR provider if planning to carry balances beyond promos.
Yes. The ANZ Low Rate card is compatible with Apple Pay, Google Pay, Samsung Pay and Garmin Pay. It allows up to three additional cardholders at no extra cost, with the primary cardholder responsible for charges made by authorised users.
Users commonly praise the extended 26-month balance transfer period, fee-waived first year, instalment options and fraud protections. Criticisms focus on the 3% balance transfer fee, lack of rewards and travel insurance, potential foreign transaction fees and the high revert rate (21.99% p.a.) after the promotional term if balances remain.
Reassess remaining balance and repayment progress well before expiry. Options include paying the balance off, transferring remaining debt to another promotional offer, negotiating with ANZ for a personalised rate or switching to a lower ongoing APR provider. Prepare so the remainder is not exposed to the high revert rate.
Pay at least the minimum repayments on time, ideally the full statement balance where possible, keep credit utilisation low relative to limits, avoid frequent credit enquiries, and regularly check credit reports for errors to correct with credit reporting bodies. Responsible behaviour increases chances of favourable future offers.
It is primarily a low-cost, debt-reduction product and not optimised for frequent international spending. Many low-rate cards, including ANZ, may charge foreign transaction fees (~2.95–3%). Travellers who need no foreign fees or travel insurance should compare alternative cards geared to overseas spending.
