ANZ Low Rate

12.49% p.a.

0% p.a. for 15 months and then 21.74% p.a.

$58

n/a

ANZ Low Rate

12.49% p.a.

0% p.a. for 15 months and then 21.74% p.a.

$58

n/a

Mozo Review   ANZ Low Rate Review

Last updated: 17 August 2018.

What's hot:
  • Low 12.49% purchase rate

  • 0% balance transfer offer for 15 months

What's not:
  • 21.74% cash advance rate

Mozo snapshot:

The ANZ Low Rate credit card has everything a good credit card should have: a low 12.49% interest rate and a low $58 annual fee. Plus, if you need to get rid of some pesky debt, pick up a 0% balance transfer offer for 15 months.

Key features:

With many credit cards having interest rates of 19% and over, you could save money by switching to the ANZ low rate card. The card has an ongoing purchase rate of 12.49%.  

While the $58 annual fee is relatively low for a credit card, be sure to set up automatic monthly repayments or you'll have to pay a $20 late payment fee.

If you need to clear some lingering credit card debt, you can take advantage of a 15 month balance transfer period with 0% interest and no BT fee to pay.

If you are travelling overseas you can use your low rate card wherever Mastercard is accepted. You will have to pay a 3% foreign currency conversion on all purchases made using your ANZ Low Rate card overseas.

Who it's good for:

The ANZ Low Rate card is good for anyone who is looking for a low cost credit card for their online and day to day purchases.

Any catches?

Don't be tempted to use the credit card for cash withdrawals otherwise you will be paying a high 21.74%.

Details

Rates and fees information correct as at 22 August 2018.

Rates
  • 12.49% p.a.

  • none

  • 0% p.a. for 15 months and then 21.74% p.a.

  • yes

  • 21.74% p.a.

  • 55

Fees
  • $58.00

  • none

  • none

  • $0.00

  • $20.00

  • 2%

  • 3.00%

  • $0.00

  • $0.00

  • $0.00

Features
  • $25.00

  • 2.0

  • 3

  • none

Payment options

Apple Pay
Google Pay
Samsung Pay
Garmin
Fitbit

Customer Reviews

How are ANZ credit cards rated by the Mozo community?

Overall customer rating
6.9/10

Based on 1932 ANZ credit card reviews

Price
5.9/10
Features
6.1/10
Customer service
7.0/10
Convenience
7.5/10
Trust
7.2/10

Latest reviews of ANZ Low Rate

  • Overall
    8/10
    Good bank

    Lovely people, and customer service service!

    Lovely people, and customer service service!

    Price
    8/10
    Features
    8/10
    Customer service
    8/10
    Convenience
    8/10
    Trust
    8/10

    Voon | QLD

    03 Apr 2018

  • Overall
    10/10
    Great bank to save with

    I am so impressed with ANZ.

    I am so impressed with ANZ.

    Price
    10/10
    Features
    10/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    10/10

    Rebecca | NSW

    20 Mar 2018

  • Overall
    4/10
    Fees to high

    Fees and charges are too high especially with the ruling recently that they have been...

    Fees and charges are too high especially with the ruling recently that they have been overcharging customers like me.

    Price
    7/10
    Features
    4/10
    Customer service
    4/10
    Convenience
    4/10
    Trust
    3/10

    Hassan | VIC

    06 Mar 2018

  • Overall
    4/10
    Not impressed

    Too many fees.

    Too many fees.

    Price
    4/10
    Features
    1/10
    Customer service
    4/10
    Convenience
    7/10
    Trust
    6/10

    Melanie | WA

    01 Mar 2018

  • Overall
    5/10
    Fine

    I would advise not to trust ANZ too early.

    I would advise not to trust ANZ too early.

    Price
    10/10
    Features
    -1/10
    Customer service
    6/10
    Convenience
    10/10
    Trust
    5/10

    Debbie | WA

    19 Feb 2018

ANZ

About ANZ

ANZ is one of the largest companies in Australia and New Zealand, with a history that stretches back over 170 years. The bank offers a range of banking and financial products to more than 5.7 million retail customers, including home loans, credit cards and debit cards, personal loans, savings and banking accounts and personal insurance. And now, with its new mobile banking application, ANZ App, it's easier to do banking on the go.

See ANZ credit cards