Balance transfers

A balance transfer moves the outstanding balance from your non-ANZ credit or store card to an ANZ credit card.

Balance transfer with ANZ

2-year balance transfer rate

Rate is unavailable


  • The balance transfer interest rate only applies to the balance you’re transferring from a non-ANZ credit or store card to your ANZ credit card. 
  • For all other purchases or cash advances, the standard interest rates for that card applies.
  • At the end of the balance transfer period, the standard purchase interest rate for your ANZ credit card applies to any remaining balance transferred.

ANZ Low Rate Visa

Transferring your balance to an ANZ Low Rate Visa could help you save on interest and fees:

  • At the end of the balance transfer period (our current offer has a special balance transfer rate for two years), the purchase interest rate for your ANZ Low Rate Visa, currently  will apply to any remaining balance transferred.
  • No annual card fee.

Apply using our online form

How a balance transfer works

Cards you can transfer a balance from

  • Visa or Mastercard cards from most New Zealand banks, including ASB, BNZ, KiwiBank, TSB and Westpac
  • American Express (excluding Air New Zealand AMEX)
  • GE CreditLine (GEM)
  • Q Card
  • Farmers Card

How much you can transfer

The minimum amount you can transfer is $100.

You can balance transfer any amount above the minimum as long as the balance transfer does not cause you to exceed 95% of the approved credit limit on your ANZ credit card. This allows a buffer to cover any fees you may incur (e.g. a late payment or cash advance fee) or interest charges.

Repayment allocation – balance transfer amount vs new purchases

When you make a repayment to your ANZ card, it will generally be applied to the transferred balance before any purchase or cash advance. 

This means that until your transferred balance is paid off in full, you won’t get any interest-free days on new purchases.

If you have an existing ANZ credit card

If your current ANZ credit card is an Airpoints or CashBack card, consider changing to an ANZ Low Rate Visa to save on fees and interest, before applying for a balance transfer. 

The balance transfer process

Check your eligibility

To apply for an ANZ credit card, you’ll need to:

  • Be at least 18 years old
  • Receive a regular income
  • Have enough money left over, after your expenses, to meet your credit card repayments
  • Be a New Zealand citizen, permanent resident or, if a non-resident, have a work visa issued for two years or longer with at least one year left.

If you’re a tertiary student, you’ll also need to:

  • Have any income, student allowance or student loan credited to your ANZ account
  • Be studying full-time at a government-recognised tertiary institution or a NZQA-approved language school with at least six months left on your course
  • If you’re an international student, have at least six months left on your student visa.

Additional lending criteria may apply

We’ll discuss this with you during your application process.

How new customers can apply

From overseas: +64 4 470 3142

If you don't currently bank with ANZ

You'll need to provide:

  • Valid proof of identification
  • Mail addressed to your residential address (within the last 90 days)
  • Your last 90 days of bank statements.

How existing customers can apply

From overseas: +64 4 470 3142

Find and compare ANZ credit cards

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Important information

Interest rates are subject to change. Lending criteria, terms and fees apply to all ANZ credit cards. See Rates, fees and agreements.

This is for information purposes only. Please talk to us if you need financial advice about a product or service. See our financial advice provider statement (PDF 39.8KB) for more information.