ANZ Low Rate Visa Credit Card The Smart No-Fee Low-Interest Choice for Kiwis
ANZ Low Rate Visa gives Kiwis a no annual fee, low interest card with 12.90% p.a. purchases, 1.99% p.a. balance transfers and up to 55 days interest-free
Why Kiwis choose ANZ Low Rate Visa
The ANZ Low Rate Visa is built for everyday New Zealanders who want a straight‑forward credit card with a low purchase rate and no annual fee. With a purchase rate of 12.90% p.a. and up to 55 days interest‑free on purchases if you pay your balance in full, it’s a practical option for households and those managing monthly budgets.
Cardholders get the basics without paying for extras they won’t use: $0 annual fee, $0 additional cardholder fee and sensible ongoing costs that make the ANZ Low Rate Visa a sensible pick for Kiwis focused on saving on interest rather than chasing rewards.
Low rates, balance transfers and real savings
One of the headline offers is the balance transfer rate of 1.99% p.a. for 24 months, with no balance transfer fee – ideal if you want to consolidate higher‑rate debt into a single, low‑cost card. After the promotional period, transferred balances revert to the standard purchase rate of 12.90% p.a.
Be aware of other charges so you don’t get caught out: cash advances attract a higher 20.95% p.a., foreign transactions incur 2.5%, and late payments can carry a $12 fee. Used wisely, the ANZ Low Rate Visa can cut your interest bill and simplify repayments for everyday spending.
Security, app control and Kiwi convenience
Security features include Visa Zero Liability and 24/7 fraud monitoring, giving you protection against unauthorised transactions. ANZ’s systems are tuned for local use, so cardholders in NZ can rely on robust monitoring and straight‑forward dispute processes if anything suspicious appears.
The ANZ goMoney app and Internet Banking make managing the ANZ Low Rate Visa easy from your phone or laptop: real‑time notifications, the ability to freeze or unfreeze your card, and quick balance checks mean greater control and fewer surprises on the statement.
Who should apply and how to get started
The ANZ Low Rate Visa is best suited to Kiwis who prioritise low interest and low cost: people consolidating credit card debt, those who occasionally carry a balance, or anyone who wants a reliable, no‑frills card. If you chase reward points or premium travel perks, this card may feel too basic.
Eligibility is straightforward: be 18 or over, a New Zealand citizen or permanent resident, and have reasonable credit history. The online application is quick — have your ID and income details ready — and once approved you can start using the card for everyday purchases, balance transfers and managing debt more affordably.