Changes to our ANZ credit cards effective 16 September 2019:
As part of simplifying our credit card offering, we’re making changes to our ‘ANZ Visa’ and ‘ANZ Visa Business’ credit cards.
Effective 16 September 2019, our ‘ANZ Visa’ card will no longer be offered. Existing ‘ANZ Visa’ cards will be changed to an ‘ANZ Low Rate Visa’. For these customers, the standard purchase interest rate will reduce from 20.95% p.a. to 13.90% p.a. The standard annual fee of $35 will now be charged every six months at $17.50. For joint or additional card holders, the additional card fee of $10 p.a. will be charged every six months at $5.
These changes do not affect other ANZ Visa credit cards, such as: ANZ Visa Gold, ANZ Low Rate Visa, ANZ CashBack Visa Gold, ANZ CashBack Visa, ANZ Airpoints Visa Platinum, ANZ Airpoints Visa, ANZ CashBack Visa Platinum, Qantas ANZ Visa, Qantas ANZ Visa Platinum.
ANZ Visa Business
Effective 16 September 2019, our ‘Low Interest Rate’ and ‘Low Fee’ options on the ANZ Visa Business card will be combined into a new ‘Low Rate’ option.
Cards on the ‘Low Fee’ option will be changed to the new ‘Low Rate’ option. For these customers, this means their standard purchase rate will reduce from 20.95% p.a. to 13.90% p.a. and their standard annual fee will drop from $40 to $35.
Cards on the ‘Low Interest Rate’ option will also be changed to the new ‘Low Rate’ option. For these customers, this means their standard purchase rate will reduce from 15.20% p.a. to 13.90% p.a. and their standard annual fee will halve from $70 to $35.
These changes do not affect ANZ Visa Business Airpoints cards or ANZ Visa Business CashBack cards.
All customers affected by the above changes will be contacted by letter.
Updated versions of the ANZ Credit Card Conditions of Use, ANZ Visa Business Credit Card Guide and the ANZ Fees and Charges brochure will be available from 16 September 2019 on our Rate, Fees and Agreements section or from any ANZ branch.