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Is a credit card right for you?
Credit cards can have a number of advantages if they’re used wisely. It's a good idea to look at the pros and cons to see if they're right for you.
Credit cards can be a convenient way to spend when you need to and pay back later, and as a backup when you’re travelling. They can be useful in emergencies and many also offer great rewards and other benefits. But they can also have some downsides that you need to be aware of before applying for one.
In this article we’ll look at some of the benefits and potential pitfalls, to help you decide whether a credit card could be a good option for you.
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.The information may not reflect how interest and charges are calculated under your credit card conditions of use.
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 December 2019 and may be subject to change. ANZ recommends you review your personal credit card conditions of use for information about the terms that apply to you.
Interest rates are subject to change.
Lending criteria, terms, conditions and fees apply to all ANZ credit cards. See Rates, fees and agreements for more information.
Please note that even if you pay your balance in full you may still be charged interest. For example, some transactions like cash advances will generally accrue interest from the day they are made until you repay the full balance. Please review your personal credit card conditions of use for further information.Back to top