ANZ Low Rate

ANZ Low Rate

ANZ Low Rate
3.1

37 reviews

PositivevsNegative
51%19%30%

Transparency
4.0
Customer Service
3.9
Rates and Fees
4.2
Rewards
2.4
Online Experience
4.0
Application Process
3.8
Low Interest Rate of 12.49% p.a. on purchases
$0 Annual Account Fee in First Year, $58 in subsequent years
0% on Balance Transfers for 30 months with no Balance Transfer Fee
Up to 3 Additional Cardholders at no additional cost
3% Foreign Transaction Fee
Brand Manager for ANZ? Claim your listing.

Details

CategoryLow Rate Credit Cards and Balance Transfer Credit Cards
Card TypeVisa
BenefitsReduced First Year Annual Fee
Minimum Credit Limit $1,000
Minimum Income $15,000
Additional Cardholders 3
Additional Cardholder Fee $0 p.a.
Minimum Repayments2%
Contactless PaymentsApple Pay and Google Pay
Rates & Fees
Purchase Rate12.49% p.a.
Cash Advance Fee2%
Late Payment Fee$20
Annual Fee$58 p.a.
Foreign Transaction Fee 3%
Overseas ATM Withdrawal Fee$5
Interest Free Period 55 days
Cash Advance Rate20.24% p.a.
Introductory Offers
Reduced First Year Annual Fee $0
Balance Transfer Rates
Balance Transfer Period 30 months
Balance Transfer Rate 0% p.a.
Balance Transfer Fee 0%
Release date
Visit official website

Reviews

37 reviews
Lazy guy
Lazy guyGreater Melbourne (Inner), VIC48 posts
 

Cannot increase above $1000

I had been with ANZ credit card for long time, no bad credit. always paid balance in full within 2 or 3 weeks. I applied westpac and nab credit cards and got approved much much higher. ANZ won't increase and I got really upset and closed anz credit card. why should i pay yearly fee if cannot increase beyond 1k? Ridiculous system. Show details
Transparency
Rates and Fees
Sarah S.
Sarah S.Northeast, VIC7 posts
 

Perfect solution for an emergency-only credit card

I've had this card for over 2 years now and find the fees to be exceptionally low. Have used this card in the South Pacific and didn't incur any extra fees. Great card to have for an emergency backup and easy to set up with Apple Pay. Show details
JuL
JuLGreater Melbourne (Inner), VIC6 posts
  Verified

Low rates, solid first credit card

Low rates, plus a reasonably low annual fee ($58) made this a less intimidating and probably fairly solid choice for my first credit card. But while it is a good basic credit card, it does not accumulate points, and it lacks the travel benefits other cards offer by charging international transaction fees and not offering the free travel insurance included with other cards. A good basic, first credit card. Show details
Customer Service
Rates and Fees
Rewards
Ray
Raymelbourne26 posts
  Verified

Good balance transfer offer

I’ve got 0% for 18 months balance transfer offer without any fee. Took my balance from another bank over, only paid minimum each month. Great for cash flow. If you keep a balance each month, it’s one of the lowest rate on the market. Show details
Albert
AlbertSydney, NSW6 posts
  Fair Incentive

useless card

no fee, no points, $1000 limit, no use
That is what ANZ offered me after I got half $M mortgage from them. The card can be adopted in APPLE pay and the internet banking is alrite. Show details
Transparency
Customer Service
Rates and Fees
Rewards
Online Experience
Application Process
Happy camper
Happy camperPerth, WA6 posts
 

Is suitable as not always pay card off by end of month. Can redirect rewards to pay done amount

Took card as back up. Advised beforehand of where I was going. Did get a warning of someone else trying to use card in another country and the the transaction was not processed.
Have had card not be accepted if not advising bank of use before going overseas. Show details
marcus2
marcus2Sydney, NSW
 

Great Card with a low-interest rate on purchases

I rely on this card for months when I am struggling, as I do not always pay my card in full at the end of every month the fact that it is the low-interest rate on purchases, gives me the reassurance that I made the right choice, other features are usual Show details
Transparency
Customer Service
Rates and Fees
Rewards
Application Process
Helper
HelperGreater Melbourne (Inner), VIC22 posts
  Fair Incentive

Best catd

This is the best card I have seen so far low interest rate dont pisg too much if you miss a payment and give some time to catch up which is good sometimes when you are struggling
Not much effect for credit rating very good card actually
Low interest
No fees at all
Waives annual fee some times
Very very good best card of all Show details
Transparency
Customer Service
Rates and Fees
Rewards
Online Experience
Application Process
Reviewer22
Reviewer22Melbourne12 posts
  Fair Incentive

Good basic card, with easy online access

I've had this card for years, and have found it to be a very good basic credit card. There are no bells and whistles, but the interest rate is reasonable, and you have access to control it online. ANZ as a bank are generally easy to deal with, and I've found that they're quick to fix any problems. Easy to read statement, and all fees and charges are noted in writing. The only thing I didn't like about the credit card itself was the fact that it had an annual fee attached to the account. Other than that, easy and simple credit card that does the job it's meant to.
Transparency
Customer Service
Rates and Fees
Online Experience
Stephen
StephenSouth East Queensland, QLD59 posts
 

Great service

I have had my ANZ Low Rate Credit Card for well over 10 years and found ANZ to be extremely reliable and helpful with every transaction that I have made
Barb
BarbMetropolitan Adelaide, SA27 posts
  Fair Incentive

Excellent for the elderly

Find this card easy to use online I have never had any trouble with the bank & the low rate suits us as we are pensioners & having this card for our pension to go in makes it easy to do our banking on line Show details
Transparency
Customer Service
Rates and Fees
Online Experience
Application Process
Bec M
Bec MCulburra Beach6 posts
 

Basic No Frills

Great easy to use credit card. Basic card without lots of extras, which helps to just use it when needed for back up and emergency’s. Low rate and easy to understand fees Show details
Transparency
Customer Service
Chicken lady.
Chicken lady.Singleton8 posts
  Fair Incentive

Perfect for me

Great back up card with low rate no add frills, I have only used my Card about 4 times and only for emergency. I see it as if I can't afford it. I don't need it. Show details
MsCapri
MsCapriCanberra 2600, ACT9 posts
  Fair Incentive

Perfect for Online Buying

This card is a low rate, and a low credit Limit. I use it for online buying as I have no other accounts with ANZ. Never had any issues at all, and have had versions on the ANZ card for almost 20years now. Show details
Transparency
Customer Service
Rates and Fees
Online Experience
Citizen smiff
Citizen smiffHobart, TAS3 posts
 

fair enough

My mastercard was changed to this visa by my bank (Pain in the a...) but the rate is lower, no frills, no problems. My best advice: don't get a credit card! Get a temporary overdraft facility. Show details
Transparency
Customer Service
Rates and Fees
Online Experience
Application Process

Questions & Answers

Denise M
Denise M

Are there overseas transaction fees on purchases with this card?

Don P.
Don P.  

Yes . The overseas transaction fee varies from 1.5% to 3 % depending on the credit card types : Visa or MasterCard , Amex

Sonda
Sonda  

yes

anamicky
anamicky  

I’ve only used this card within Australia, but I’ve purchased plenty OS items online and just used PayPal. no extra fees.

Rayandmelisa P
Rayandmelisa P

Hi there. If you dont pay your minimum monthy re payent with the put a hold on your credit card ? Cheers

Sonda
Sonda  

Yes most possibly.

Don P.
Don P.  

If you don't pay minimum monthly repayment on the due date You would be charged a late payment fee and this can affect your credit scores

Extra Information

Brand Manager for ANZ? Claim your listing.

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