How to avoid paying interest on credit card purchases.
What about cash advances?
It’s important to remember that there is generally no interest-free period for cash advances with your credit card. If you make a cash advance from your credit card account, you’ll pay interest on it from the date of the cash advance. That’s why we recommend you use your everyday account for cash withdrawals instead.
To find out whether interest-free days apply and how they work for your card, please check your credit card conditions of use or talk to your bank or card provider.
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.
This material is for information purposes only. We recommend seeking financial advice about your situation and goals before getting a financial product. To talk to one of our team at ANZ, please call 0800 269 296, or for more information about ANZ’s financial advice service or to view our financial advice provider disclosure statement see anz.co.nz/fapdisclosure
The information is current as at August 2020 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.