ANZ Business 55 Interest Free Days Credit Card

ANZ Business 55 Interest Free Days Credit Card

Highlights

  • $0 annual fee on the first year ($150 p.a. thereafter).
  • Up to 55 days interest-free on purchases when you pay your account in full each month.
  • Take advantage of free additional cardholders.

Pros and cons

Pros

  • Up to 55 days interest-free.
  • No annual fee for the first year.
  • Give employees a card each while maintaining control over their spending.
  • Integrates with popular accounting software for easier bookkeeping.
  • Works with most popular digital wallets.

Cons

  • No travel insurance or concierge services.
  • No rewards program or sign up bonus.
  • After the first year, there's an annual fee of $150 p.a.
  • The 3% foreign transaction fee.

History

    Our review

    Convenience

    Customer service

    Rates and fees

    Rewards

    Trust

    The Basics

    • Additional cardholders. Add staff as cardholders, each with their own monthly spending cap, transaction limit, and merchant category controls so they can't use it at unauthoried suppliers/stores.
    • Digital wallets. You can use this card with Apple Pay, Google Pay, and Samsung Pay.
    • Gambling transactions. Gambling transactions are not blocked as standard, but will be treated as cash advances.
    • Integrations. Works with popular accounting packages, such as Xero, MYOB, and QuickBooks.

    Rewards and benefits

    • Complimentary travel insurance. Complimentary international travel insurance is not available with this card.
    • Concierge services. Being a no-frills card, access to a 24 / 7 concierge service is not available.
    • Insurances. This card comes with fraud protection and unauthorised transaction insurance against unauthorised card use up to the value of $37,500 per cardholder (with a maximum of $200,000 per annum).
    • Rewards points. This credit card does not have a rewards program.
    • Sign up bonus. There is no sign up bonus for this card at this time.

    Rates and fees

    • Annual fee. The first year is free, reverting to the ongoing annual fee of $150 p.a.
    • Balance transfers. There is currently no balance transfer offer for this card.
    • Cash advances. If you use this card for a cash advance, or a transaction classified as a cash equivalent, ANZ will immediately apply the 19.24% p.a. interest rate. In addition to the interest rate, ANZ will charge a one-off fee to process the cash advance.
    • Foreign exchange fee. Purchases made while overseas or with online stores based overseas stores will incur a 3% foreign transaction fee.
    • Interest-free period. You'll get up to 55 days interest-free on purchases (except cash advances) when you have paid your previous balance in full or made the minimum required payment.
    • Purchases. There is currently no introductory offer on purchases. Any purchases made with this card will attract interest at the rate of 17.74% p.a.

    Nilooka Dissanayake

    Reviewed by Nilooka Dissanayake

    Writer

    User reviews

    Convenience

    Customer service

    Rates and fees

    Rewards

    Trust

    This product has not been reviewed yet. Click here to write your review and help others make a better decision.

    This credit card is listed in these comparisons