Ask us a Question

Hi, we spend most of our time trying to help people and we will answer your question within a business day.

By submitting this question you agree to our privacy policy.

ANZ Business Low Rate
ANZ Business Low Rate

ANZ Credit Cards

ANZ Business Low Rate

Updated 27 July 2021

The ANZ Business Low Rate is a simple, low fuss option for business owners. There’s a low purchase rate of 12.99% p.a. and a low $100 annual fee. You have the ability to assign different spending limits to individual cardholders. This card also comes with Transit accident insurance and one convenient, simple statement showing all fees, charges and payments sorted by cardholder so that each can be easily assigned.

Purchase Rate (p.a)


Balance Transfer (p.a)


Annual Fee (p.a)


$0 over 0 months

My transfer amount

Balance transfer from:

My annual fee

My interest rate

Pros and cons

  • A low purchase rate of 12.99% p.a. and low cash advance rate of 14.49% p.a.
  • $100 annual fee
  • Set a monthly cap for each cardholder to match your budget. You can choose to restrict cash access on some or all cards depending on your requirements.
  • Unauthorised Transaction Insurance1
  • Transit Accident Insurance1
  • ANZ Falcon Security

  • No interest free days review

Editor Review

ANZ Business Low Rate

Roland Bleyer
Credit Card Expert with over 15 years card experience and the founder of about this card.

The ANZ Business Low Rate Card

With the ANZ Business Low Rate Card you could save on your business spending with ANZ’s lowest ongoing purchase rate and annual fee. Keeping things simple, this is an easy card to get your head around, plus you can enjoy several handy business tools and features, including unauthorised transactions insurance, transit accident insurance, spend tracking and control over individual cardholder spending.

What we love...

When you see ‘low rate’ in the name of a credit card, you know it focuses on providing low rates of interest to cardholders. This is exactly the case with the ANZ Business Low Rate Card, as it offers ANZ’s lowest ongoing interest rate, with a nice low rate on both purchases and cash advances. So, if you’re trying to keep business costs low while managing your cash flow, this card could help.

Offering further money-saving, the card also has a relatively low annual fee. In fact, it is ANZ’s lowest annual fee business card. If you want to add additional cardholders to the account, you can do so at no extra cost. With some business cards charging high annual fees on both the primary and additional cardholders, this could save some serious money.

What’s also nice to see on this card is that its features don’t stop at low rates and low fees. While its extras may not be extravagant, and while it may not offer rewards on business spending, the card has a few handy features up its sleeve. These start with complimentary insurance covers.

As a cardholder, you can protect your business against card misuse with unauthorised transactions insurance. This protects against fraudulent misuse for up to $37,500 per cardholder, up to a $200,000 maximum for the total account within any 12 month period. You can also benefit from transit accident insurance, which covers certain injuries and loss of life sustained on a trip purchased with your card.

As for business tools, the card makes it easy to track and control cardholder spending with simple monthly statements with transactions sorted by cardholder, plus the ability to set monthly spending caps, transaction limits and merchant category controls for each cardholder. Accounting is also made easier with data feeds to Xero, MYOB, Intuit QuickBooks Online and many others.

What’s not so great...

What you may notice on the ANZ Business Low Rate Card is its lack of interest free days. While many credit cards offer a certain number of interest free days on purchases to cardholders who clear their balance month-to-month, this card does not. With 0 days interest free, you will pay interest on all purchases from the day you make them.

While the card certainly offers a low interest rate, interest charges will still stack up if you wait too long to pay them off. You may choose to keep interest costs to a minimum by paying off your balance within the month, not just on the due date at the end of the statement period.

Why should you choose this card?

If you tend to carry a balance on your card, the ANZ Business Low Rate Card could help you save on interest with its low ongoing rate. However, if you generally clear your balance each month, a business card with interest free days on purchases may be worth looking into. However, this card does offer a further opportunity to save, with a relatively low annual fee.

As a name we all know and recognise, ANZ can offer cardholders a lot simply because of its size. As a cardholder, you can benefit from fraud protection with ANZ Falcon and the ANZ Fraud Money Back Guarantee. If you happen to lose your card or have it stolen, you can also benefit from worldwide emergency credit card replacement should you need it.

For the creative types, there is the opportunity to design your own ANZ business credit card with ANZ Design My Card. Allowing you to show off your business whenever you hand over your card, this feature lets you personalise your card with an image of your choice at no extra cost.

Overall Rating

Providing a way for cardholders who tend to carry a balance to save on interest, the ANZ Business Low Rate Card has ANZ’s lowest ongoing interest rate and annual fee, with functional extras such as insurance and business tools thrown into the mix.

User reviews

ANZ Business Low Rate ( based on 1 user review )

62% rating based on 1 review

Customer Service

Rates and fees

Interest rates

Purchase rate 12.99% p.a.

Cash advance rate 14.49% p.a.

Interest free period on purchases up to 0 days

Credit limits

Minimum credit limit $1,000

Maximum credit limit N/A

Fees & repayments

Annual fee $100 p.a.

Additional cardholder fee $0 p.a.

Foreign transaction fee 3%2

Minimum repayment 2% or $25

Cash advance fee Consumer: 2% or $4 whichever is greater (2% or waived for RTA); Commercial: 1.50% or $1.50 whichever is greater

Late payment fee $35

Additional features

Complimentary insurance

International Travel Insurance No

Flight Inconvenience Insurance No

Transit Accident Insurance Yes

Smartphone Screen Insurance No

Purchase Protection Insurance No

Extended Warranty Insurance No

Rental Vehicle Excess In Australia Insurance No


Unauthorised Transactions Insurance1


ANZ Business Low Rate

The ANZ Business Low Rate Credit Card help keep your business costs under control with a low fee and low rate.

Terms & Conditions
Standard variable interest rate, fees and charges are subject to change. Visit for more information.
1. Unauthorised Transactions Insurance and Transit Accident Insurance are part of a Group Policy issued by AWP Australia Pty Ltd ABN 52 097 227 177 AFSL 245631 (trading as Allianz Global Assistance) under a binder from the underwriter, Allianz Australia Insurance Limited ABN 15 000 122 850 AFSL 234708 to Australia and New Zealand Banking Group Limited (ANZ) ABN 11 005 357 522 AFSL and Australian credit licence 234527 which allows eligible ANZ account holders and cardholders to claim under the Group Policy as third party beneficiaries. The eligibility criteria, terms, conditions, limits and exclusions of the group policy are set out in the ANZ Commercial Cards Terms and Conditions which may be amended from time to time. ANZ does not guarantee this insurance. Any advice has been prepared without taking into account your objects, financial situation or needs. You must check whether or not it is appropriate, in light of your own circumstances, to act on this advice.
2. ANZ will charge 3% of the value of any international transaction charged or credited to the credit card facility.
5. A fee will be charged for each cash advance, except where it is obtained through an ANZ ATM. The fee will be the greater of $1.50 and 1.50% of the cash advance amount plus any ATM operator fee.

Key features

  • Set a monthly cap for each cardholder to match your budget. You can choose to restrict cash access on some or all cards depending on your requirements.
  • ANZ Falcon Security
  • A low purchase rate of 12.99% p.a. and low cash advance rate of 14.49% p.a.
  • $100 annual fee
  • Unauthorised Transaction Insurance1
  • Transit Accident Insurance1

Minimum criteria to apply for this card

  • Be over 18 years old

  • Good Credit and have not applied for multiple credit cards recently

  • Permanent Australian resident or non-permanent resident with more than 9 months remaining on your Visa

  • You have your personal details ready to complete the online application

Roland B Bleyer

Roland B Bleyer founded in 2005 and has extensive knowledge about credit cards. He personally answers all questions and write the editor reviews for each card here. Always keen to share his passion to educate consumers and help you select better suited credit cards.

Recently Asked Questions

Something you need to know about this card? Ask a our credit card expert a question.

Showing one question (showing the latest 10 Q&As)



18 February 2018
I have a anz credit card from Australia can I pay it off in nz
    Roland B Bleyer - Founder


    19 February 2018
    Hi Vicky, yes you can pay off through internet banking, say BPAY, how you would have paid it when you where in Australia.
Help us improve

By submitting this feedback you agree to our privacy policy.

My credit card is not listed

By submitting this form you agree to our privacy policy.