Information in this article refers to personal credit cards, is general in nature only and does not take into account your personal objectives, financial situation or needs.
By providing this information ANZ does not intend to provide any financial advice or other advice or recommendations. You should seek independent financial, legal, tax and other relevant advice having regard to your particular circumstances.
The information is current as at May 2020 and may be subject to change. ANZ recommends you review your personal credit card contract for information about the terms that apply to you.
ANZ interest rates and fees and terms and conditions are subject to change. Refer to the current credit card interest rates, fees and terms for further information and current interest rates, fees and terms.
Applications for credit at ANZ are subject to ANZ’s credit approval criteria, terms, conditions and fees and charges apply. Australian Credit Licence Number 234527
At ANZ, if a consumer credit card account has interest-free periods on purchases, the account holder can avoid paying interest on the purchases balance by always paying the full Closing Balance (or if applicable, the ‘Adjusted Closing Balance’) shown on each statement of account by the applicable due date. The Adjusted Closing Balance is calculated as your Closing Balance less the sum of any relevant Promotional Plan balances that relate to an Instalment Plan, a Buy Now Pay Later plan, or a Promotional Balance Transfer Plan. If the account holder doesn’t pay the full Closing Balance (or if applicable, the ‘Adjusted Closing Balance’) shown on a statement of account by the applicable due date, they will generally be charged interest on their purchases balance from the day after the Due Date shown on that statement. Not all transactions (e.g., cash advances) get the benefit of interest-free days. Refer to the applicable credit contract for details.Back to top
Credit card providers can offer credit card accounts with interest-free periods on purchases and some credit card accounts without. If you’re unsure whether an account has interest-free periods on purchases please refer to the credit contract for that account.Back to top
Not all transactions (e.g., at ANZ cash advances) get the benefit of interest-free days. Refer to the applicable credit contract for details of which (if any) transactions are eligible for interest-free days.Back to top
This is an example only. Refer to the credit contract that applies to the relevant account for details.Back to top
This is an illustrative example only and may not be reflective of what applies to your credit card account. The example assumes that the milk is a purchase that contributes to the purchase balance, the customer had the benefit of interest-free days at the commencement of the statement cycle in which the milk was purchased.Back to top
Assuming no overlimit or overdue amounts apply.Back to top
This interest will be generally be charged on the purchases balance from the day after the applicable Due Date shown on the statement of account.Back to top
This assumes that the customer had the benefit of interest-free period at the commencement of the statement cycle.Back to top
This is an illustrative example only and may not be reflective of what applies to your credit card account. The example assumes that the milk is a purchase that contributes to the purchases balance.Back to top