ANZ credit cards

3.4
Based on 6,331 ANZ credit card product reviews.
Fact Checked
Last updated

About ANZ credit cards 

One of Australia’s Big Four banks, ANZ offers a wide range of credit cards to suit its customers. Whether you’re after a rewards program, Frequent Flyer Points, or a simple, low-fee credit card, this 2024 Mozo Experts Choice Award winner seems to have an option for everyone. 

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ANZ Low Rate credit card review

Low Rate - Balance Transfer Offer

Purchase rate
13.74 % p.a.
Balance transfer rate
0.00 % p.a.
For 28 months and then 21.99% p.a. 3.00% balance transfer fee)
Annual fee
$58
$0 in the first year
Rewards program
-
Link not supplied
  • Low purchase rate

  • Up to 55 days interest free on purchases

  • Choose between a balance transfer or cashback offer

  • No annual fee in the first year

  • No ANZ Rewards or Qantas Point benefits

  • No complimentary insurances

Our verdict

ANZ’s Low Rate credit card has a decent purchase rate, a solid interest-free period, no annual fee for the first year for new applicants, and gives you the choice between a generous balance transfer offer or a cashback deal. 

The Low Rate credit card is, as the name suggests, ANZ’s lowest credit card rate, at 13.74% p.a. for purchases, with up to 55 days interest free. 

A big draw for the Low Rate card is the choice you have between a balance transfer offer and a cashback deal. 

Balance transfer 

The balance transfer offer is currently for 0% p.a. for the first 28 months, reverting back to the standard BT rate of 21.99% p.a. thereafter. Just note, you may have to pay a balance transfer fee of 3% of the balance amount. Check ANZ’s website for details. 

Cashback 

Or, if cashback is more your speed, you can opt for $250 back on your new Low Rate credit card when you spend $1,500 on eligible purchases in the first three months after approval.

No annual fee for the first year

At the moment, ANZ is also waiving the $58 annual fee for new applicants, for the first year. 

While there are no ANZ Rewards, Qantas Point benefits, or complimentary card insurances, ANZ’s no-frills Low Rate credit card does come with some attractive sign-up bonuses.

Mozo may receive payment if you click products on our site. We don’t compare the entire market, but you can compare more credit cards here.
Last updated 10 December 2024 Important disclosures

ANZ credit cards

  • First

    Purchase rate
    20.99 % p.a.
    Balance transfer rate
    No current offer
    Annual fee
    $30
    $0 in the first year
    Rewards program
    -
    Link not supplied

  • Low Rate - Balance Transfer Offer

    Purchase rate
    13.74 % p.a.
    Balance transfer rate
    0.00 % p.a.
    For 28 months and then 21.99% p.a. 3.00% balance transfer fee)
    Annual fee
    $58
    $0 in the first year
    Rewards program
    -
    Link not supplied

  • Platinum

    Purchase rate
    20.99 % p.a.
    Balance transfer rate
    No current offer
    Annual fee
    $87
    $0 when you spend over $20,000 p.a
    Rewards program
    -
    Link not supplied

  • Frequent Flyer Platinum

    Purchase rate
    20.99 % p.a.
    Balance transfer rate
    No current offer
    Annual fee
    $295
    Rewards program
    Qantas Frequent Flyer
    Link not supplied

  • Rewards Platinum

    Purchase rate
    20.99 % p.a.
    Balance transfer rate
    No current offer
    Annual fee
    $149
    Rewards program
    ANZ Rewards
    Link not supplied

  • Rewards Black

    Purchase rate
    20.99 % p.a.
    Balance transfer rate
    No current offer
    Annual fee
    $375
    Rewards program
    ANZ Rewards
    Link not supplied

  • Frequent Flyer Black

    Purchase rate
    20.99 % p.a.
    Balance transfer rate
    No current offer
    Annual fee
    $425
    Rewards program
    Qantas Frequent Flyer
    Link not supplied

  • Low Rate - Cashback offer

    Purchase rate
    13.74 % p.a.
    Balance transfer rate
    No current offer
    Annual fee
    $58
    Rewards program
    -
    Link not supplied

Get the latest news and product updates.

ANZ credit card ratings

Overall customer rating for ANZ credit cards

3.4
Based on 6,331 product reviews.

Customer reviews

Important disclosures

FAQs about ANZ credit cards

How to apply for a credit card at ANZ

To apply for an ANZ credit card, you need to meet the bank’s eligibility requirements. These include being over the age of 18, having a good credit score, and being a citizen or permanent resident of Australia. You can be a non-permanent resident and apply for an ANZ credit card, but you need to have at least 9 months left on your visa. 

If you are eligible, you can visit the ANZ website, use the ANZ app, or call the bank on 13 33 33 to apply.

How to activate my ANZ credit card

Select ANZ credit cards can be activated through the ANZ app or via ANZ internet banking. These include:

  • ANZ Access Card
  • ANZ Access Visa Debit Card
  • ANZ Business Visa Debit
  • ANZ Business One
  • ANZ Business Black
  • All personal ANZ Credit Cards.

Activate in the app 

To activate your ANZ credit card through the app, log in and tap More on the Accounts screen. You should see an option called Activate Card. Tap that, then enter your new card’s details. After that is completed, you should be able to set your credit card’s PIN. From here, you can set up your ANZ credit card with Apple Pay, if you’re using an iPhone. 

Activate via internet banking 

To activate your ANZ credit card online, log in to ANZ internet banking, and navigate to the Settings menu. You should see an Activate card option. Click on this and follow the instructions. From here, you can set up your PIN and begin using your card.

What is an eligible purchase for an ANZ credit card?

Eligible purchases on an ANZ credit card are almost any purchases excluding fees, cash advances, cash equivalent transactions, balance transfers, ANZ credit card insurance premiums, gambling or gaming transactions, and reversed or refunded transactions. 

You can find more information about what eligible purchases are in the ANZ Credit Card Conditions of Use PDF.

How to activate ANZ credit card travel insurance

If you hold an ANZ credit card with complimentary international travel insurance, you have to activate it before you’re covered under the policy. To do this, you first need to check your eligibility by entering some personal details, read through the product disclosure statement (PDS) to make sure the cover is right for you, then receive confirmation. 

You can do this through Allianz Global Assistance (the underwriter of ANZ’s credit card travel insurance policy).

How to increase my ANZ credit card limit

You can change your credit card limit through ANZ’s internet banking site. First, log in to your account, then select your credit card account. Click Increase your credit limit or Decrease your credit limit, depending on what you want to do. Next, follow the prompts to request a change to your card limit.

How to pay my ANZ credit card bill

With an ANZ credit card, you can choose to make repayments: 

  • Via ANZ internet banking 
  • CardPay Direct (direct debit)
  • BPAY
  • Direct Credit (EFT)
  • Phone banking 
  • At an ANZ branch
  • Via cheque in the post, addressed to ANZ Commercial Card Service Centre, G.P.O. Box 607, Melbourne VIC 3001.
How to cancel my ANZ credit card

Before you can cancel your ANZ credit card, you need to ensure your balance has been fully paid-off (including any fees and interest charges), your account details are up to date, and you’ve downloaded any statements you might need for future reference – you won’t be able to get these back once your card is closed. 

You can request to close your ANZ credit card through the app, via internet banking, or over the phone. 

Cancel ANZ credit card in the app

First, log in to your account. Then, tap Support. Next, tap on Message us. Follow the prompts and ask to ‘Close your credit card’. 

Cancel ANZ credit card via internet banking 

First, log in to your internet banking account. Then, select your Credit card account. Next, click Request for account closure from the account actions. Follow the prompts to cancel your card. 

Cancel ANZ credit card over the phone

You can request to close your ANZ credit card over the phone, by calling the ANZ cards team on 13 22 73.

ANZ products

Credit card quick links


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