Transfer your balance

What is a balance transfer?

A balance transfer involves moving the outstanding balance from your non-ANZ credit or store card account to an ANZ credit card.  You can choose to transfer the balance of your credit or store card balance to ANZ and pay just 1.99% p.a. for 12 months* on that balance.

Transferring your balance to a card with a lower interest rate such as the ANZ Low Rate MasterCard can help you save on interest.


Calculate how much you can save in interest by transferring your balance to ANZ

All you need to do is let us know how much you owe on your existing credit card and what interest rate you’re currently paying.

Balance Transfer calculator

Min $100
% p.a.

By transferring your balance to an ANZ Low Rate MasterCard, you could save:

$X.XX Over 12 months
This is an estimate only and is based on the information you have entered, and is not an offer of finance by ANZ. The ANZ Low Rate MasterCard requires a minimum monthly payment of 3% (minimum $10) of the outstanding balance by the due date each month. This guide takes into account the minimum monthly repayment of 3% to estimate the amount you could save but otherwise assumes no other repayments are made. Savings only apply to the amount transferred and don’t take into account any further card transactions. Savings are calculated using ANZ’s balance transfer interest rate of 1.99% p.a. After twelve months our standard purchase interest rate for ANZ Low Rate MasterCard (currently 13.90% p.a. will apply to any remaining balance transfer amount. Actual savings may vary, particularly if you do not meet (or repay more than) the minimum repayments each month. A half-yearly card fee of $29 applies.

How does a balance transfer work?

What happens once my application for a balance transfer is approved?
How will my payments be allocated if I have a balance transfer?
Will my other card be closed automatically?
How much can I transfer?
What does the balance transfer interest rate apply to?

How to apply

Transfer your balance today

laptop

Apply online

Apply now

phone

By phone

Weekdays, 8am - 8.30pm
Weekends, 9am - 5pm
0800 269 277

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At any branch

Find a branch

If you don't currently bank with ANZ, you'll need to provide:

After you've applied and been approved for your new ANZ credit card:

  • We’ll open your new card and transfer your balance
  • You'll receive a special interest rate on your transferred balance for 12 months
  • You can then use your new card as normal  and close your old card

Find and compare ANZ credit cards

Find the right card  Compare cards

If you would like to transfer your balance to an existing ANZ credit card, either:

phone

Call us

Weekdays, 8am - 8.30pm
Weekends, 9am - 5pm
0800 269 777

person behind a desk

At any branch

Find a branch


Find and compare ANZ credit cards

Find the right card  Compare cards

Help and support

important info iconImportant information

Lending criteria, terms, conditions and fees apply. See Rates, fees and agreements for more information. Interest rates are subject to change.

*Offer ends 27 January 2017. Balance transfers can be made from non-ANZ Visa and MasterCard, American Express, GE CreditLine, Q Card and Farmers Card. Full details are contained in the ANZ Credit Card Conditions of Use available from anz.co.nz or any branch. After 12 months our standard purchase interest rate will apply to any remaining balance transfer amount. Standard interest rates for ANZ Low Rate MasterCard (currently 13.90% p.a. on purchases and 22.95% p.a. on cash advances) apply to new transactions and repayments will generally be applied to balance transfer amounts before new purchases.

This material is for information purposes only. Its content is intended to be of a general nature, does not take into account your financial situation or goals, and is not a personalised financial adviser service under the Financial Advisers Act 2008. It is recommended you seek advice from a financial adviser which takes into account your individual circumstances before you acquire a financial product. If you wish to consult one of ANZ's financial advisers, please contact us on 0800 269 296.