ANZ Low Rate Credit Card

On website

ANZ Low Rate Credit Card

Balance transfer

28 months at 0% p.a.

Purchase rate

13.74% p.a. ongoing

Annual fee

$0.00 for 1st year


  • Enjoy 0% p.a. for 28 months on balance transfers with a 3% balance transfer fee (then reverts to 21.99% p.a.) Terms and Conditions apply.
  • First-year annual fee waived ($58 subsequently).
  • Continuous low rate of 13.74% p.a. on purchases.
  • Enjoy up to 55 days interest-free on purchases by settling your account completely each month.

Pros and cons


  • Enjoy 0% p.a. on balance transfers up to 28 months.
  • $0 annual fee for the first year ($58 p.a. thereafter).
  • Take advantage of the low purchase interest rate of 13.74% p.a.
  • Add up to 3 additional cardholders at no extra cost.


  • No purchase or travel insurance included.
  • No rewards program.

About this credit card


Card usage

Apple Pay Enabled
Card Type
Gambling Transactions Allowed
Samsung Pay Enabled


Joint Application Accepted
Minimum Age
18 years
Minimum Credit Rating
Good, Very Good, Excellent
Minimum Income
Temporary Residents Accepted

Additional cardholders

Additional Cardholders
Additional Card Fee Ongoing

Credit limits

Minimum Credit Limit
Maximum Credit Limit


Interest Charged From
Purchase date
Interest Free Period
Up to 55 days on purchases
Minimum Repayment Percentage

Balance transfers

Balance transfer offer

Balance Transfer Rate
Balance Transfer Period
28 months
Balance Transfer Fee Percentage

Balance transfer conditions

Balance Transfer From Personal Loan
Balance Transfer Limit Percentage
Balance Transfer Revert Rate

Rates, fees, charges

Cash advances

Cash Advance Rate
21.99% p.a.
Cash Advance Fee
Cash Advance Fee Percentage
Cash Advance Fee Threshold


Purchase Rate Introductory Offer
Purchase Rate Introductory Period
Purchase Rate Ongoing
13.74% p.a.

Account fees

Annual Fee Initial Year
Annual Fee Ongoing
Dishonour Fee
Duplicate Statement Fee
Foreign Exchange Fee Percentage
Late Payment Fee


Rewards program basics

Rewards Program
Rewards Program Annual Fee Initial Year
Rewards Points Expiry

Rewards points per $1 spent

Domestic Rewards Points Earn Rate
Government Rewards Points Earn Rate
Overseas Rewards Points Earn Rate

Additional perks


Cardholder's Domestic Hotel Burglary Insurance
Cardholder's Extended Warranty Insurance
Cardholder's International Travel Insurance
Cardholder's Interstate Flight Inconvenience
Cardholder's Personal Item Theft Cover
Cardholder's Price Protection Insurance
Cardholder's Purchase Protection Insurance
Cardholder's Refund Protection
Cardholder's Transport Accident Insurance

Travel and lifestyle

Airport Lounge Access Included
Concierge Service Included
Complimentary Flight Voucher Included
Complimentary QFF Membership Included

Our review


Customer service

Rates and fees



The basics

  • Additional cardholders. You can have up to 3 additional cards for friends and family for free. Bear in mind that it is the account holder who will be responsible for repayments and account management.
  • Digital wallets. The ANZ Low Rate card works with Apple Pay, Google Pay, and Samsung Pay plus wallets for other wearables.
  • Gambling transactions. ANZ does not block gambling-related transactions, but they will be charged the cash advance rate.

Rewards and benefits

  • Complimentary travel insurance. This card does not come with complimentary travel insurance.
  • Concierge services. This card does not come with access to a concierge service.
  • Rewards points. This credit card does not have a rewards program, which is to be expected of a no-frills low-rate card.
  • Sign-up bonus. Unsurprisingly, you won't get any bonus for signing up for the ANZ Low Rate.

Rates and fees

  • Annual fee. This card has no annual fee in the first year, rising to $58 p.a. thereafter.
  • Balance transfers. The introductory balance transfer offer for the ANZ Low Rate is 0% p.a. for 28 months, which is very competitive against other balance transfer offers. You can use up to 95% of your credit limit for balance transfers from any credit card, store card, or charge card other than those issued by ANZ. It is not possible to balance transfer from a personal loan.
  • Cash advances. If you use this card to make a cash advance, you will be charged interest starting immediately at the rate of 21.99% p.a. As well as interest, ANZ will apply a fee to process the cash advance.
  • Foreign exchange fee. Purchases made in a foreign currency will attract a 3% fee.
  • Interest-free period. Get up to 55 days interest-free on purchases (except for transactions classed as cash advances) when you have paid your previous balance in full.
  • Purchases rate. There is no introductory offer for purchases. Purchases made with the card will attract interest at 13.74% p.a. until they are paid off.


Reviewed by Credit Card Compare Staff

User reviews


Customer service

Rates and fees



Value for money

Reviewed by Anon

Can't wait to pay it off

Reviewed by Anon

Not overly good

Reviewed by Kevin

Great low rate no frills card

Reviewed by Michelle

Recommended, very handy

Reviewed by Anon

Not a happy chap with this chip

Reviewed by Kish

Generally pleased with this card

Reviewed by Amanda

Very happy with this card

Reviewed by Cameron

Mostly happy with my card

Reviewed by Mum

I think the interest rate is too dear

Reviewed by Marie

Good if you can afford to pay the full balance

Reviewed by Barbara

Had my card for a few years

Reviewed by Bygon

Sloppy customer service

Reviewed by Gary Mitchell

Overall pleased with this card

Reviewed by Westpac Mastercard

Great all round card

Reviewed by Kylie

Probably best in the market balance transfer

Reviewed by Barshat Pathak

Great balance transfer rate

Reviewed by Andrea

No frills credit card

Reviewed by Lyle

Great credit card to have

Reviewed by Kylie

Good card, but minimal rewards

Reviewed by Bianca

I am happy with my choice to bank with ANZ

Reviewed by Alexander Peel

I wish I never had this one

Reviewed by Liz

I would prefer a card with no annual fee

Reviewed by Terry

Fees, fees, fees

Reviewed by Anon

I would love to get rid of it

Reviewed by Miss Trouble

Good features, shame about the annual fee

Reviewed by Tia

Easily managed and suits me well

Reviewed by Ronda

Fair credit card

Reviewed by Kath A

Happy with my credit card

Reviewed by Happy HG

Low rate credit card

Reviewed by Glenn

Pleased with this card

Reviewed by Nat

A great card to shop online

Reviewed by Rose

Wonderful credit card

Reviewed by N/A

A great card that's simple and easy

Reviewed by Andrew

Generally pleased with this card

Reviewed by ANZ credit card

Generally happy with this card

Reviewed by Kate

It's well worth it, good rates

Reviewed by Stacey

I feel like I'm in charge

Reviewed by Jodie


Reviewed by MasterCard

Excellent savings

Reviewed by Anni

This card is very good

Reviewed by Richie C

Has been quite convenient for me

Reviewed by Anon

The interest rate is way too high

Reviewed by Faye

Low fee structure

Reviewed by Adam Cox

Saving huge interest on $7,500 limit

Reviewed by Anon

Brilliant card

Reviewed by Anon

Generally pleased with this card

Reviewed by Debra Flook

This card suits my needs

Reviewed by Rhonda Whittaker

Convenient, no fuss

Reviewed by SL

Generally pleased while living on credit

Reviewed by Sherri

Credit where credit is due

Reviewed by Chris

Long time customer

Reviewed by Darren


Reviewed by Suzie

I didn't save or lose money

Reviewed by Kalie

Helped us cope with medical bills

Reviewed by Kathryn

Good balance transfer card

Reviewed by Brook

Generally happy with this card

Reviewed by Tara

Happy with my card

Reviewed by Brendan

Could be any card—nothing special

Reviewed by Jade

I wish I didnt get it

Reviewed by Eloise

Good low interest no-frills card

Reviewed by Deborah

I saved money at the beginning

Reviewed by Helen

Only emergency card

Reviewed by Angela

Rate is good

Reviewed by Sheila

Very pleased with this card

Reviewed by Stacey

Good rates and no messing with rewards and frills

Reviewed by Peter

Good first card

Reviewed by Mitchell

Good for emergencies

Reviewed by Naomi

Generally pleased, saved a ton on interest

Reviewed by Julia

I have saved a lot of money using this card

Reviewed by Nathan

I have saved with this low rate

Reviewed by Mary

Small annual fee

Reviewed by Cinsha

Convenient yet confusing

Reviewed by Shivani

Low annual fee, but beware late payment fee

Reviewed by Jessica

High fees, no rewards

Reviewed by Kim

Saved on fees

Reviewed by Jess

Great for emergencies but looking to clear card

Reviewed by Michelle

Switched to get lower interest charges

Reviewed by Alice

Charges and harassment for late payment

Reviewed by Jacinta

Not much bang for your buck

Reviewed by Christine

Helped me when I was struggling financially

Reviewed by Michael

Competitive rates, exceptional service

Reviewed by Sherisse

Low rate card linked to our bank account

Reviewed by Tshinta

Fuss-free application process, low interest

Reviewed by David

Low interest and balance transfer a breeze

Reviewed by Ashleigh

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