Your selected 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.
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
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.
The balance transfer offer is currently for 0% p.a. for the first 30 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.
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.
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.
Your selected credit cards
I have had an ANZ credit card for over 30 years. Twice I have needed to contact them regarding unauthorised activity and both times it was taken care of swiftly and without question.
ANZ seem to want to assist their customers whenever they can. They do have a problem with waiting on the phone, as a lot of establishments do these days. Once you get on, they are quick to fix the issue.
I have the Frequent Flyer Visa card, which includes travel insurance, but making a claim is long and difficult, so I no longer feel comfortable using this card to book travel.
I've been with ANZ for over 10 years - the app is easy to use and the staff are always friendly. I got my first car loan through them when I was 18 years old and the process was easy and straight forward. I just wish they were more clear on the credit card fees and charges.
The interest rate is reasonably low and ANZ frequently runs good value balance transfer promotions.
I have an ANZ Rewards Black card and it has a very good points redemption and extra features, however the annual fee is very high. It’s difficult to get in touch with ANZ customer service because their chat functionality is so difficult to use and behaves strangely, so I’m hesitant to recommend it. They do have good offers for new customers though, and you can get a large amount of bonus points when signing up.
No annual fee when you sign up but then they give an annual fee the following year - I haven't even used the card once, it's only for emergencies so chose a low rate card.
Sadly they cannot organise anything. Direct debit, extra cards, call backs .. all go ignored. Avoid ANZ, I'm surprised they even offer a help line based on how useless they are.
Our ANZ credit card comes with free travel insurance which is a great feature. When we were in the UK we booked a trip on a discount airline from England to Germany. Knowing we had our flights booked we booked a hotel at a non-refundable rate. Then our airline cancelled our flights and we couldn't get other flights on convenient dates. The hotel refused to refund our payment, but the ANZ Travel Insurance covered most of that cost for us.
Their yearly fees for the credit card is high with no real rewards with points.
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.
Select ANZ credit cards can be activated through the ANZ app or via ANZ internet banking. These include:
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.
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.
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.
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).
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.
With an ANZ credit card, you can choose to make repayments:
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.
First, log in to your account. Then, tap Support. Next, tap on Message us. Follow the prompts and ask to ‘Close your credit card’.
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.
You can request to close your ANZ credit card over the phone, by calling the ANZ cards team on 13 22 73.
^See information about the Mozo Experts Choice Credit Card Awards
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