ANZ First Credit Card

Pauline Hatch

Pauline is a personal finance expert at CreditCard.com.au, with 8 years in money, budgeting and property reporting under her belt. Ask Pauline a Question about this card.

The ANZ First Credit Card

With its 0% purchase rate promotion, $30 credit back and low ongoing annual fee, the ANZ First Credit Card could be the perfect option if you're looking to cut down your card costs. Giving you 20 months interest-free on purchases, this card completes its offering with a handy selection of extras, including purchase protection insurance and extended warranty insurance.

What we love...

Offered to new ANZ First cardholders, this card offers a 0% interest rate on purchases for the first 20 months. This introductory period gives you a breathing room to pay off your purchases, without accruing any interest.

As for ongoing costs, the ANZ First Credit Card happens to have ANZ’s lowest standard annual fee at $30. This card simply works as a low fee card, not costing too much to keep in your wallet.

If you choose to add family members to the account, you can add up to three additional cardholders at no extra cost. While additional cardholders can be of benefit on rewards cards (helping you to earn more rewards in a shorter period of time), on cards like the ANZ First Credit Card, adding more cardholders to the account is really just a convenience.

Looking for more ways to save money? With up to 55 days interest free on purchases, you could save on interest when making purchases large or small. To take advantage of this feature though, be aware you need to pay your balance in full by the due date each month. Check out the terms and conditions to find out more.

What’s not so great...

While the ANZ First Credit Card may be a low fee credit card, it’s certainly not a low interest credit card. The purchase rate after the introductory period and cash advance rate on this card are relatively high, so it’s best to clear your balance month-to-month, to avoid interest accruing.

Why should you choose this card?

Despite its name, the ANZ First Credit Card is not just for first-time credit card applicants. While it may work well for first-timers, given its basic features and low annual fee, this card can work for anyone who wants a low fee card with an excellent purchase offer. And happily, the card also offers a few nice features to sweeten the deal.

Cardholders can now access cashback offers through Cashrewards Max when they shop with their eligible ANZ card. Simply sign up online for free and link your eligible ANZ card to start enjoying cashback offers at participating retailers.

With Visa Offers + Perks membership, you can enjoy access to special offers, ticket pre-sales, and movie screenings. As a cardholder, you can also benefit from complimentary purchase protection insurance and extended warranty insurance on your purchases, plus all the basics, such as contactless payments, ANZ Fraud Money Back Guarantee, and fraud monitoring from ANZ Falcon.

Overall Rating

The perfect money-saver for anyone looking for a low fee credit card, the ANZ First Credit Card offers a superb 0% purchase offer, complimentary insurances and all the basic features you expect from a credit card.