ANZ Low Rate Credit Card

Showing 53 questions

1. 

   Karen young

   June 17th, 2013 at 7:08pm

   Is there someone you can call regarding this card
• 

  Kalianna

  June 18th, 2013 at 9:12am

  Hi Karen, if you already have this card you would call the ANZ itself, their contact details are on the ANZ website (or phone them on 13 22 73 to discuss their offer), or if you wished to discuss options or compare cards you can phone the office here on 02 9518 8177. Before you phone ANZ you should be aware that this particular offer is only available on-line through sites like ours. Hope that information helps. Cheers, Kalianna
2. 

   Richard

   June 15th, 2013 at 4:42pm

   Can you balance transfer from an ANZ rewards card and get the 9 months interest free?
• 

  Kalianna

  June 17th, 2013 at 9:19am

  Hi Richard, unfortunately not. This offer is not available for existing ANZ customers.
3. 

   mark

   June 15th, 2013 at 9:24am

   do you do international balance transfers?
• 

  Kalianna

  June 17th, 2013 at 9:11am

  Hi Mark, international credit card balances cannot be transferred to an Australian institution. You would have to do a balance transfer with a bank in the same country as your existing card, and possibly apply for an Australian credit card if you will need one while you are here.
4. 

   michaelmoran

   June 13th, 2013 at 9:18pm

   when does this offer end
• 

  Kalianna

  June 14th, 2013 at 12:52pm

  Hi Michael, it ends 30 June
5. 

   Denis

   June 11th, 2013 at 4:05pm

   1 Who administers the card- ANZ , Citibank ? 2. What is the initial limit-I know that will be dependant on income...however I'm keen to understand the minimum ( I'm looking at this card for some clients of mine for balance transfers)
• 

  Kalianna

  June 11th, 2013 at 4:47pm

  Hi Denis, this card is issued by ANZ, so no other bank involved with this one. The minimum credit limit is $1,000 for the Low Rate card. It is certainly a competitive balance transfer offer, but you could also consider others from our balance transfers table, including the new 12 month offer from Citibank. The only catch is that you have to spend $1000 on the card within the first three months, but so long as your clients budget for this and pay it back they'll get 12 months at 0% to pay off any balance transferred. The Suncorp Gold option is another long balance transfer offer but it's 0.9% for the 12 months (still good but not as good as 0). The NAB Premium card is doing a similar offer, 1% for 12 months, so there are plenty worth looking into besides ANZ. Let us know if you have further questions on a particular card. Thanks, Kalianna
6. 

   Lisa

   June 10th, 2013 at 4:53pm

   Hi do you do a $50,000 limit so we can transfer our credit cards to the one card leaving a little left over for emergency s am I getting this right over the low interest rate for 9 months the reminder of the transfers from the credit cards goes to the purchase rate
• 

  Kalianna

  June 11th, 2013 at 8:24am

  Hi Lisa, depending on what credit limit the bank approves you will be able to transfer up to 95% of the available amount, but it's best to check with the bank for such a high amount as they may have a balance transfer limit (some only allow up to $10,000, for example). With balance transfers some will charge the purchase rate on the remaining balance, others the cash advance rate but new purchases should be at the purchase rate. Also, just because you said 'we' I need to remind you that a balance transfer can only be in one name, the primary account holder and the 'from' and 'to' accounts must be with the same primary account holder details. You can learn more about this in our balance transfer key rules post. It explains some things you need to think about before applying. Once you've read it you'll understand how it all works.
7. 

   Mel

   June 1st, 2013 at 6:38pm

   I would be transferring a balance from a westpac credit card, is it easy enough to make regular payments from an everyday account with Westpac into an ANZ credit card using online banking?
• 

  Kalianna

  June 3rd, 2013 at 8:45am

  Hi Mel, yes you could either set up a direct debit for a certain day each month using the BPay biller code, just like you would set up payment for any BPay bill - select 'pay my bills' when logged in and follow the prompts. Otherwise you can fill out the Auto Pay form with your Westpac online banking. Just Google 'Westpac card Autopay' and you will see the form and instructions in the results or there should be a link when you log in using online banking. You can either nominate a set percentage of your outstanding balance, a fixed amount less than the full balance or choose to pay the full balance automatically every month this way. You could also set yourself a calendar reminder for a certain day each month and transfer the funds yourself on that day, if you're unsure how much you want to pay each and every month this method can also be effective.
8. 

   Igor

   May 30th, 2013 at 3:27pm

   Hi, I have several accounts with debits(including cards, BPAY account for car repayments,GE Creditline card) and would like to open join acct with my spouse to close all these debits. Is it possible? Will be BPAY repayment treated as balance transfer? Will be several transfers to different accounts treated as balance transfer?
• 

  Kalianna

  May 31st, 2013 at 9:04am

  Hi Igor, when applying for a credit card there can only be one primary account holder, including with ANZ, but your wife or yourself could be an additional cardholder with access to the account. If you want to make regular BPay payments from your new credit card these would mostly be treated as a purchase, not a balance transfer and in some cases (where the provider isn't set up to accept credit card payments) it could be treated as a cash advance. That is something you have to check for each card you are looking at and each BPay provider. When you transfer other balances the idea is not to make new purchases or payments while you pay down the debt at the reduced rate, because any new purchases you make are charged at the higher interest rate.
9. 

   Sam

   May 30th, 2013 at 11:38am

   if i was to apply for this card in my name is my sister able to use this card? Can you do the application in a single name but have the card in joint names? she would be using this and making payments yet if that failed i would be responsible for the card. we are only looking at this option as she has a bad credit rating at present.
• 

  Kalianna

  May 30th, 2013 at 1:42pm

  Hi Sam, the application has to be in one name and that has to be the name of the primary account holder. It sounds like what you are looking for is to add your sister as an additional cardholder. You can request up to 3 additional cardholders for free with this card, so your sister should be covered for no extra cost. She will have to complete a 100 point ID check (not the same as a full credit check) unless she already has her own ANZ bank account. You also don't have to wait and can tick the box when you fill in your application so both cards should be organised at the same time. The additional cardholder form is a simple one page form you can fill out separately if needs be. As you mentioned, under the additional cardholder arrangement you would be responsible for any balance owing on the card, but that can be worked out between you and your sister. Hope that helps, and good luck with your application. Please let us know if we can be of further help. Cheers, Kalianna
10. 

    vince

    May 23rd, 2013 at 5:41pm

    OK, so if repayments on 14k are 2-3%, that means every month , or at least the first I would need to pay $420, am I right in saying this comes off the 14k. Hypothetically speaking, if I needed a 14k cash boost. Which is the limit on my current card. (Nothing owing) would this be a good interest free option to cash advance the current card then apply for the 9 month interest free balance transfer. Then pay it back 3 months later in full, minus the monthly payments. .?
• 

  Kalianna

  May 24th, 2013 at 8:42am

  Hi Vince, that would certainly be an interesting way to secure an interest free loan - we've never heard of anyone doing it! Before going through with that you might want to check the daily cash advance limit on your existing card though. Most only allow you to access cash up to a certain amount each day - for example this is often $2500 or there abouts if your limit is around $8k. Your credit card terms and conditions should let you know how much is possible. Ultimately we stick by our words - don't use cash advances because they attract excessive interest from the day the transaction is processed. A balance transfer would take up to two weeks to be completed too. If you are after a loan product, Citibank has a facility called Ready Credit that allows you credit limit of up to $30k (subject to approval) and you pay it back at 10.99% interest over a three year fixed term but you can pay it out early without incurring a penalty. The other option is the credit card - you can check both options out via the above link - but if you don't have an existing balance to transfer you won't get the balance transfer rate of 5.9%. Some credit cards offer 0% on purchases for up to six months too, but again check with any individual card whether or not there is a limit to the purchase amount. Coming up with $14k cash without using a loan is quite a challenge! You are probably best off consulting a professional financial advisor and talking through the possibilities I'm afraid. IF you like, you can compare personal loan rates here too though if you think that might be an option. Best of luck!
11. 

    Vince

    May 23rd, 2013 at 12:22pm

    Hi, I Am totally new to this. I have one credit card from comm bank with a limit of 14k. If I transfer my balance ,do you shut that card down, or can I keep it (as I have direct debit on that card) Do you pay off that card and take on the debt, at 0% even if that card has been maxed out on cash advance. Do i have to make regular payments or can I pay it all back before the zero balance transfer is up. No charge.
• 

  Kalianna

  May 23rd, 2013 at 4:25pm

  Hi Vince, good questions and it's great you're asking before you go ahead and apply. re: closing your old card - The new bank, so in this case if you go with this card the ANZ, will not close down any old card or account for you. It is up to you whether you want to close your old card and once the balance transfer has been completed it will be your responsibility to close it with CommBank (not with us, we link you directly to the bank's own website and cannot hold or process your personal information). re: paying off the debt - When you do a balance transfer the new bank, again the ANZ in this example, pays off the old card and you pay the ANZ at 0% for the agreed 9 months, and at the higher interest rate after that until the debt is paid off. It makes no difference whether the card has been maxed out by purchases or cash advances - but it is never recommended to use a credit card for cash advances, so hopefully you won't do that with the new credit card. re: payments - Yes you must make regular repayments (each month on or before the statement due date) and no, there is no penalty for paying the balance off before the balance transfer period is over. The minimum repayment amount (usually 2-3%) will be on your statement and you need to pay this amount to avoid additional fees. You should also read the repayments advice on statements, it explains how long you would need to pay off the debt if you continue only making the minimum repayments and how long it would take if you pay double the minimum or more. This can be very motivating for people to make higher repayments. You can also read our blog to learn more about all of this - the tips and FAQs sections should help or at least inspire further questions. Best of luck applying for your new card, and don't hesitate to ask further questions as you go along.
12. 

    Julie

    May 14th, 2013 at 7:06pm

    I would like to transfer the balance from an existing Citibank debit card, rather than a credit card. Is this ok?
• 

  Tom

  May 15th, 2013 at 10:07am

  Hi Julie, I'm afraid this is not possible.
13. 

    Ben

    May 10th, 2013 at 4:29pm

    Do you do balance transfers on personal loans?
• 

  Tom

  May 13th, 2013 at 8:28am

  Hi Ben, no - its not available on personal loans. The Citibank Ready credit card does cater for this.
14. 

    Scott

    May 8th, 2013 at 10:17am

    I am looking to balance transfer from a CitiBank Redi-Credit account. Is this account eligible for balance transfers?
• 

  Tom

  May 8th, 2013 at 12:58pm

  Hi Scott, yes it is eligible for balance transfers.
15. 

    S Cooper

    May 6th, 2013 at 11:26am

    My husband and I have separate credit cards with different institutions that we would like to consolidate with a balance transfer and single credit card account with ANZ. Is it possible to have 1 credit card account in both names, or are we requred to transfer our individual balances to individual ANZ cards?
• 

  Tom

  May 6th, 2013 at 5:06pm

  Hi S, unfortunately you cannot transfer balances from two separate accounts on to one joint account. In order to access the ANZ balance transfer deal, you could open two new ANZ accounts in your separate names, pay off the balances and then once that's finished speak to them about creating one account for you both in your joint names.
16. 

    kylie

    May 5th, 2013 at 9:21am

    I have a regular savings account and my mortgage with anz but have a credit card with another bank, would I still be eligable for this offer of balance transfrr as I am not a new anz customer but would new for a credit card.........?
• 

  Tom

  May 6th, 2013 at 8:25am

  Hi Kylie, as your existing card is non ANZ card it will be fine to still get this offer.
17. 

    Tamara

    May 3rd, 2013 at 8:43am

    Hi, Can I transfer my credit card balance and my partners onto the one card? Thank-you
• 

  Tom

  May 3rd, 2013 at 10:07am

  Hi Tamara, you cannot from separate accounts, no.
18. 

    Jane huntington

    May 2nd, 2013 at 9:16am

    What is the max credit limit available? Min is $1,000 but I wonder if $15,000 or so was possible.
• 

  Roland

  May 2nd, 2013 at 10:48am

  Hi Jane - the credit limit generally depends on ANZ's assessment of your application, and varies between individuals. One way to test what credit limit range you might get is to opt in to receive credit limit increase requests on your existing cards. Read the letters (don't respond if you don't want to accept) and they will tell you what they would allow you to increase it to. It isn't a water tight guarantee but should give you a rough indication of what the big banks would consider lending you. We don't have a stated maximum for this credit card, you may have to speak to ANZ for that. It generally depends on what you earn and what other debt obligations etc you have, the banks are notoriously pretty secretive about their risk assessment procedures so we don't expect you'd find out for sure unless you'd already filled out an application. Another good guide is what credit limit you have on your other cards and what percentage you owe on them. If you already have 2-3 cards with a total credit limit of $20,000, for example, and you are planning to close those cards when the balance is transferred then a credit limit like $15,000 isn't unreasonable to expect (we cannot make any promises or guarantees on behalf of any bank though). Finally, if you are concerned, you can always stick with the amount you want to balance transfer and let the bank determine your credit limit from that, so you know that you won't have been asking for too much. You are also asked on the form whether you intend to close the cards you are transferring, and the bank will take this information into account when assessing your application. Best of luck figuring it out.
19. 

    john

    April 28th, 2013 at 8:54pm

    can i transfer a balance from 2 accounts from different institutions
• 

  Roland

  April 29th, 2013 at 10:19am

  Hi John, yes so long as neither is the ANZ and they are either credit card or store card accounts that is fine. Personal loans cannot be transferred onto an ANZ credit card.
20. 

    Allen

    April 24th, 2013 at 4:11pm

    What is the maximum credit limit on this card?
• 

  Roland

  April 24th, 2013 at 4:48pm

  Hi Allen, that will depend on the assessment ANZ makes of your application. It depends on your income and expenses, as well as other debt obligations etc and how well the bank judges you can meet them.
21. 

    John

    April 24th, 2013 at 12:28pm

    I already have an ANZ rewards card & also a WBC card. Could i transfer the WBC CC balance to a different ANZ card? eg Low Rate card 0% 9mnths?
• 

  Roland

  April 24th, 2013 at 3:16pm

  Hi John, there is nothing to say you couldn't apply for a second credit card with the ANZ, but you should be aware that you won't get the same promotional balance transfer rate. These low rates only exist for new customers, for the banks to win customers away from the competition. As an existing ANZ cardholder you wouldn't get the same rate. You would need to look at the banks/issuers you don't have an existing account with. Having said that, once you have done a balance transfer you could simply do a card swap when the ANZ card has no balance owing if you would like a different card type. That way you'll still be getting a better deal on interest with the balance transfer credit card. Always consider whether you would really want to keep the old card open though too. Hope that helps!
22. 

    wendy dobson

    April 19th, 2013 at 7:18am

    I applied for this nil balance transfer card and was approved but then saw that this is limited for balances up to 11,000.00 only!...so my creditcard balance is 22,000.00 ! So thanks for no help ANZ!...youve happily approved my application....hit me with fees...and then I see that its only for 11,000.00 balances!...so its obviously NOT going through but youve managed to gain fees from me when, at the time of application, I stated that the balance on the existing credit card was 22,000.00. Not one of your reps said to me that this wasnt possible!...youve waited until you grabbed fees from me....so now Im deeper in debt...thanks for nothing.
• 

  Roland

  April 22nd, 2013 at 9:06am

  Sorry to hear about your experience Wendy. Perhaps you can look at other options down the track or speak to the bank about the situation.
23. 

    paul

    April 17th, 2013 at 1:07pm

    as i pay off the BT balance can i use card for other purchases or do i have to wait until i have paid off the entire BT balanace
• 

  Roland

  April 17th, 2013 at 3:08pm

  Hi Paul, while there is nothing actually preventing you making purchases with this card, you need to be aware that any new purchases will be charged a higher interest rate, currently 13.14% and won't have any interest free days because you have a balance carried over from another card. So long as you are aware of this, and factor in any purchases on top of your balance transfer repayments you may be able to stop yourself falling behind, but a card with an introductory rate on purchases, or a different low rate card with no balance on it would be a better choice, as you would have interest free days to pay back any purchases (usually up to 55, but sometimes a few more or less).The only way to make sure you don't incur extra interest charges is wait until you pay off the balance transfer amount and take advantage of interest free days. Hope that helps!
24. 

    Rachel

    April 15th, 2013 at 3:24pm

    Can you transfer 100% of your existing card to the ANZ Low Rate Card?
• 

  Roland

  April 15th, 2013 at 5:22pm

  Hi Rachel, no you can transfer 95% of your available credit limit with ANZ. Here's an article explaining it and showing you the limits for other card providers too: http://www.creditcard.com.au/balance-transfers-key-rules-explained/
25. 

    Steph

    April 11th, 2013 at 1:17pm

    Hi, just wondering- after the BT period has ended does the remaining balance on the card incur the purchase interest rate or cash advance interest rate?
• 

  Roland

  April 11th, 2013 at 2:18pm

  Hi Steph, this card reverts to the purchase rate, so it's 13.14% currently (though within the nine months you have the card that may change, so it will be the purchase rate at the time your balance transfer period ends). It should still be much lower than the cash advance rate. Hope that helps!
26. 

    Jessica

    April 11th, 2013 at 10:09am

    Am i able to transfer a balance from another credit card that does not belong to me? My mother paid for my honeymoon on her card and want to transfer it to a 0% balance transfer card.
• 

  Roland

  April 11th, 2013 at 2:20pm

  Hi Jessica, unfortunately not, the balance transfer can only be done for the primary account holder of the old and new card, so your mother would need to apply for a balance transfer in her own name. It is not a difficult application process, so perhaps it is a possibility. You would be able to make payments to your mother's bank account which she can then transfer onto the credit card, or pay the card off directly using BPay, but the card can't be in your name.
27. 

    Emma

    April 8th, 2013 at 2:12pm

    I currently hold a west pac credit card and would like to transfer to ANZ for this offer. I reached my maximum limit mostly by taking out cash advances- does this balance transfer divide the balance between purchases and cash advances and still charges interest on the cash advances? Or does the balance simply roll over no matter if it consisted of cash advance or not. Thank you.
• 

  Roland

  April 9th, 2013 at 9:01am

  Hi Emma - the old credit card balance that you transfer across is not divided between cash advances and purchases. As long as you are not an existing ANZ customer you can transfer your other card balance to this card and pay it off at the lower rate. Just make sure you DO NOT make any new purchases or cash advances while paying down the new balance. Best of luck!
28. 

    Marilyn

    April 6th, 2013 at 8:04am

    Is this 0% for 9 months offer still available, confused with reply to michael moran on January 9th re a 10 month offer closing on January 13th, this year? And what is the highest amount I can transfer, have balance of just over $12,000 on current card?
• 

  Roland

  April 8th, 2013 at 9:13am

  Hi Marilyn, yes this offer is still 0% for 9 months until April 30 - so you have until the end of this month. We've written an offer alert on the changes ANZ implemented last month which explains everything further. Your credit limit, and what you are approved to transfer, will depend on ANZ's lending criteria and what it deems you can reasonable afford. We have written a helpful FAQ post which advises of minimum credit limits and what percent of your credit limit you will be able to transfer - so you should take a look at that. With ANZ you can transfer 95% of your approved credit limit. Hope that helps
29. 

    Singh

    April 1st, 2013 at 2:44pm

    how good is this card for frequent flyer points with Qantas or Singapore Airlines?
• 

  Roland

  April 2nd, 2013 at 11:21am

  Hi Singh, you cannot earn frequent flyer points with the ANZ Low Rate or Low Rate platinum card. For cards which offer frequent flyer points, you should check out our frequent flyer credit card table. The blog also features articles on frequent flyer credit cards in the 'tips' and 'news' sections.
30. 

    pauline

    March 25th, 2013 at 7:01pm

    i havent got good credit rating but want to put all my debits into one so i have one bill can i do it with this way
• 

  Roland

  March 26th, 2013 at 10:12am

  Hi Pauline, balance transfers are generally reserved for cardholders with a good credit rating but some credit card debt to get rid of. Having said that, we don't know how bad your credit rating is, and we cannot comment on the bank's internal credit assessment procedures. For those with large amounts of debt, another option could be a debt consolidation loan, or a debt repayment plan worked out between you and your creditors. For this, you should contact institutions you owe money to directly, or use the help of a financial advice service. The ASIC website (www.asic.gov.au) offers advice and recommendations for people struggling to meet their debt repayment obligations and sets out how to negotiate a repayment plan etc. Best of luck with whatever you choose to do!
31. 

    Jodie

    March 23rd, 2013 at 4:47pm

    Can I get balance transfer on the 2 cards I have I owe $3200 on one and $6770 on the other
• 

  Roland

  March 25th, 2013 at 8:57am

  Hi Jodie, if your other credit cards are both with non-ANZ banks, you would be eligible to apply for a balance transfer with this card. You can request a credit limit that will ensure you can transfer the balance of both cards to the new card if you don't want to let the bank allocate you a credit limit based on all the information you put in the application. Make sure you take a reasonable guess at what you can easily repay on your income, state accurate what your existing debts and obligations are and indicate whether you intend to close the other cards when you get the balance transfer. Best of luck!
32. 

    Lauren

    March 19th, 2013 at 8:57pm

    Hi, once the 9 month offer of 0% on balance transfers is up, are we free to transfer to another lender?
• 

  Roland

  March 20th, 2013 at 8:05am

  Hi Lauren, there is no hard and fast rule preventing you from transferring a balance. What is really important is that you consider any impact this would have on your credit file before going ahead, and remember that every application you make stays on your record for up to seven years. You can check out your credit history and make sure it is accurate, up to date and get an idea of what lenders see by doing a free credit check with Veda: www.mycreditfile.com.au. This may help you assess whether further applications are a good idea at the appropriate time.
33. 

    Patricia

    March 14th, 2013 at 9:40pm

    I currently have an ANZ Low Rate MasterCard which I have not used for a very long time. Can I increase the limit on this card and transfer my balances from my CBA MasterCard and NAB VISA and receive 0% for 9 months?
• 

  Roland

  March 15th, 2013 at 10:16am

  Hi Patricia, unfortunately it doesn't matter when you last used the card, you won't be eligible for the promotional rate as an existing ANZ customer. You would have had to cancel the card quite a while ago to have a chance. You would be able to look at offers from other providers, or ask the ANZ what rate they will give you for an existing customer balance transfer (but it won't be as low as 0%!).
34. 

    Gary Wilson

    March 14th, 2013 at 12:35pm

    Do I have to cancel my current non-ANZ card when I transfer?
• 

  Roland

  March 14th, 2013 at 2:39pm

  Hi Gary, you will not be forced to cancel the card, but the application may ask you whether you intend to cancel the old card when you get your new card. The choice is yours, and you will have to cancel the card separately after the balance transfer is completed, ANZ will not cancel the card for you. Hope that helps.
35. 

    Margaret

    March 13th, 2013 at 11:45am

    If I transfer my Balance to this card, can I then cancel this card once balance is paid off?
• 

  Roland

  March 14th, 2013 at 8:48am

  Hi Margaret, yes you can cancel any credit card when the balance is paid off. This isn't specific to any card or provider. Hope that helps!
36. 

    michael

    March 13th, 2013 at 9:33am

    can you use this card for overseas purchases and if so what are the extra costs
• 

  Roland

  March 14th, 2013 at 9:16am

  Hi Michael, the ANZ charges $5 for withdrawing cash overseas or 3% of the value. You should have a look at our table and more information on credit cards with no international transaction fees if you would like more info.
37. 

    Roseanne

    March 5th, 2013 at 9:40pm

    Can I still take advantage of the 0% deal if I transfer from another bank card to ANZ if I already have an ANZ credit card
• 

  Roland

  March 6th, 2013 at 8:38am

  HI Roseanne, no you won't be eligible for the promotional rate if you are an existing ANZ customer. You can look through offers from the other banks or speak to the ANZ about doing a card swap (but the rate won't be as low as 0%)
38. 

    kate

    March 5th, 2013 at 1:48pm

    can i use this card to pay out my debts. a credit card plus a personal loan
• 

  Roland

  March 6th, 2013 at 8:53am

  Hi Kate, credit card balances can be transferred, but not a personal loan with ANZ. Citibank Ready Credit and Citibank credit cards do allow you to transfer the balance of a personal loan. You could either transfer the credit card only, or look for another offer that might suit. Hope that helps!
39. 

    Ian Dwyer

    February 21st, 2013 at 9:35am

    I have an ANZ low interest credit card with a nil balance. Can I use this 2.5% balance transfer to transfer money from another bank or do I have to close the existing card and re apply for a new one.
• 

  Roland

  February 21st, 2013 at 9:46am

  Hi Ian, as an existing ANZ customer this promo rate would not apply to you we're afraid. These offers exist so that the banks can attract new customers from competitors. What you could do is find an offer from another bank you don't hold an account with, or speak with ANZ about what rate it is willing to offer you on an internal balance transfer. Best of luck!
40. 

    Kath

    February 12th, 2013 at 10:28pm

    Hi Can I apply for this card and transfer a balance from my sister in law card , as she used her credit card to purchase flight tickets for me when I needed to travel overseas in an emergency?
• 

  Roland

  February 13th, 2013 at 9:22am

  Hi Kath, unfortunately not. Balance transfers must be made from and to accounts in the same name as far aw we are able to confirm. There is another product, called Citibank Ready Credit, where you would be able to request a balance transfer and then draw down a cheque, which can be used to pay off someone else's credit card. You should consider this, however you should check the terms and conditions and make sure that this offer works for what you want to do (the cheque cannot be for more than 80% of your allowed credit limit and must be requested within 90 days to get the 6.9% promo rate). We can suggest taking a look though as it is another option to consider. Hope that helps!
41. 

    Ahmer

    February 9th, 2013 at 4:29pm

    2.5%balance transfer...is it availabe on existing anz card if i transfer balance from non anz card??
• 

  Roland

  February 11th, 2013 at 8:43am

  Hi Ahmner, if we have understood correctly you are saying you already have an ANZ credit card and want to transfer non-ANZ credit card balance for the 2.5% rate? If this is the case, the offer is only available for new ANZ customers with no existing card or account from ANZ. Unfortunately any balance transfer rate would not apply. The banks created balance transfer offers to win new customers away from the competition. You would have to choose a balance transfer offer with a bank you are not already a customer of to enjoy a promotional interest rate. If your card is not with the ANZ, and you don't have another card or account with the ANZ then you could apply for the 2.5% rate. We hope that has helped clear this up for you and good luck finding the right offer!
42. 

    Erin

    January 30th, 2013 at 2:11pm

    I was wondering how is the 2.5% calculated?
• 

  Roland

  January 31st, 2013 at 9:48am

  Hi Erin, the 2.5% is calculated on an annual percentage rate basis - please click the link to read more information on interest calculation
43. 

    james

    January 27th, 2013 at 7:57pm

    Can i still keep my old credit card to use ?
• 

  Roland

  January 29th, 2013 at 2:26pm

  Hi James, yes its up to you to cancel the old credit card or continue using it.
44. 

    Lina

    January 26th, 2013 at 1:23am

    Can I do a balance transfer from a personal loan?
• 

  Roland

  February 14th, 2013 at 2:39pm

  Hi Lina, not with ANZ, however you can do it with some other providers, including Citibank.
45. 

    Kristina Sibert

    January 23rd, 2013 at 10:03am

    Is there a list of tickets and events covered in the mastercard applause program on the web? I can’t seem to find it on the mastercard website.
46. 

    Amy

    January 21st, 2013 at 10:10pm

    Can I transfer a personal loan with the CBA to a ANZ balance transfer?
• 

  Roland

  January 22nd, 2013 at 8:24am

  Hi Amy, apparently not - according to the ANZ Low Rate card apply page terms and conditions - offer available to balances transferred from non-ANZ credit or store cards only.
47. 

    Natasha

    January 13th, 2013 at 2:30pm

    Hi, I was reading the part about the 55 days interest free and it says it does not apply if the full balance is not paid each month. I was thinking of transferring a balance to take advantage of having no interest for 10 months whilst I paid off my debt. Does this mean if I do not pay off the balance of my transferred balance in the first month I would be charged interest. It is under point number in the fine print. Thanks
• 

  Roland

  January 14th, 2013 at 8:19am

  Hi Natasha, the 55 days interest free only applies to purchases, therefore will not affect the balance transfer. The balance transfer will be charged at the advertised rate.
48. 

    Alex

    January 10th, 2013 at 11:40am

    Do you need a good credit rating to be eligible? I have some old debt from when I was a student but am now working full time on and want to get rid of my old debt in the next 6 months.
• 

  Tom

  January 10th, 2013 at 12:27pm

  Hi Alex, you do need a good credit rating. How that is defined is difficult for us to judge, perhaps try contacting ANZ for more information before applying.
49. 

    Helen Smyth

    January 9th, 2013 at 3:59pm

    Can you take advantage of this offer if you already have a Low Rate Mastercard with ANZ or is it only for new users?
• 

  Roland

  January 9th, 2013 at 4:14pm

  Hi Helen, I'm afraid it's only for new applicants, not existing-ANZ Low Rate card holders.
50. 

    michael moran

    January 8th, 2013 at 9:17pm

    when does this offer close
• 

  Roland

  January 9th, 2013 at 8:40am

  Hi Michael, we are told that this particular 10 month offer closes on the 13th January 2013.
51. 

    Richie

    January 8th, 2013 at 9:09pm

    I was wondering if i could transfer my wifes credit card, which my name is on too, to a anz credit card
• 

  Roland

  January 9th, 2013 at 9:02am

  Hi Richie, as the card is in both of your names you will need to make a joint application for the new card.
52. 

    John

    January 8th, 2013 at 5:28pm

    What is the max credit limit ?
• 

  Roland

  January 9th, 2013 at 8:50am

  Hi John, the maximum credit limit provided on the card depends on the individual customers criteria. Factors may include things like the customers income, credit history, type of employment and more.
53. 

    Marie-Louise

    January 8th, 2013 at 12:48pm

    I was wondering coud I appl for this card if I already have a credit card with anz?
• 

  Roland

  January 8th, 2013 at 1:35pm

  Hi Marie-Louise, you can, but you won't be able to transfer a balance from your existing ANZ card to a new ANZ card. Banks generally only offer balance transfers to new customers.