1.99% p.a. on balances transferred for 24 months, with no balance transfer fee.
Low ongoing variable purchase interest rate of 12.90% p.a.
$0 annual fee and $0 p.a. additional cardholder fee.
Pros and cons
Pay 1.99% p.a. for the first two years on balances transferred.
Low ongoing interest rates.
Up to 55 interest-free days on purchases.
No annual fee for life.
Free additional cardholders.
No rewards program.
Rates and fees
Additional cardholders. Get an additional cardholder at no extra cost.
Digital wallets. ANZ's Low Rate Visa Credit Card is compatible with Apple Pay and Google Pay.
Gambling transactions. Gambling transactions are allowed but will be treated as cash advances.
Rewards and benefits
Complimentary travel insurance. Since it's a value card offering, complimentary international travel insurance is not available.
Concierge services. Cardholders will not have access to ANZ's concierge service.
Insurances. This card comes with fraud protection but lacks the insurance coverage of higher-level cards.
Rewards points. This credit card does not have a rewards program.
Sign-up bonus. ANZ does not offer any sign-up bonus for this card.
Rates and fees
Annual fee. This card has no annual fee for life.
Balance transfers. Consolidate non-ANZ credit and store card debt at 1.99% p.a. for 24 months, with no balance transfer fee. After the promotional period ends, the revert rate applied will be 12.90%. This is one of the longest balance transfer offers in the market.
Cash advances. If you use this card for a cash advance, ANZ will apply the 19.95% p.a. interest rate immediately with no interest-free days. There is no additional fee for cash advances — unlike most other cards — unless it is an in-branch or over-the-phone transaction.
Foreign exchange fee. A foreign transaction fee of 1.30% will be charged for purchases made online or overseas in a foreign currency.
Interest-free period. Enjoy up to 55 days interest-free on all purchases (except cash advances) when you have paid your previous balance in full or made the minimum required payment.
Purchases. The ongoing rate of 12.90% p.a. applies to purchases in light of there being no introductory offer. This rate is competitive with competing cards.
This product has not been reviewed yet. Click here to write your review and help others make a better decision.
At Finty we want to help you make informed financial decisions. We do this by providing a free comparison service as well as product reviews from our editorial staff.
Some of the products and services listed on our website are from partners who compensate us. This may influence which products we compare and the pages they are listed on. Partners have no influence over our editorial staff.
Disclaimer: You need to be logged in to claim Finty Rewards. If you proceed without logging in, you will not be able to claim Finty Rewards at a later time. In order for your rewards to be paid, you must submit your claim within 45 days. Please refer to our T&Cs for more information.