Balance transfer terms and conditions

ANZ accepts balance transfers of $100 or more from certain non- ANZ accounts (for example, a credit, charge or store card account).

ANZ cannot accept a balance transfer:

• from other ANZ credit card accounts
• from credit cards issued outside Australia
• if you are in default on any existing ANZ credit card account
• if the other account named in your application is in default at the time the application is received.

If you are applying for a promotional balance transfer, the Promotional Plan annual percentage interest rate will apply in respect of balance transfers from non-ANZ accounts requested upon application. Your balance transfer request will be processed once you have activated your card. If a Balance Transfer Fee is applicable, this fee will be charged on the total amount transferred and will be a Specific Fee on the credit card account. The Balance Transfer fee is charged to your credit card account when your balance transfer is processed and will appear on your statement of account as a separate transaction. The balance transfer amount and any Balance Transfer Fee will be charged interest at the Promotional Plan annual percentage interest rate from the date the balance transfer is processed. The Promotional Plan annual percentage interest rate expires at the end of the number of months specified in the promotional balance transfer offer from the date of the Letter of Offer ('promotional period') and the standard balance transfer annual percentage rate will apply to any unpaid Promotional Plan balance. The standard annual percentage interest rates applicable to this credit card can be found on www.anz.com and are subject to change.

ANZ will process the balance transfer requested and any applicable fees up to 95% of your available credit limit.

Payments to your nominated account(s) can take between 3 and 15 business days depending on the institution(s) to which the payments are being made.

You must continue to make payments to the nominated account(s) while the balance transfer application is being processed and toward any remaining balance once the transfer is complete. Performing a balance transfer does not close your account(s) at other financial institutions.