Interest Rates:

  • Purchase Interest Rate: Low-interest rate on purchases.
  • Cash Advance Interest Rate: Typically higher interest on cash advances.

2. Annual Fee:

  • ANZ Low Rate Mastercard may have an annual fee, though low-rate cards generally have lower fees compared to rewards cards.

3. Introductory Offers:

  • Some credit cards may offer introductory promotions such as a low-interest rate for the first few months.

4. Features:

  • Credit Limit: The credit limit on the card depends on factors such as income and credit history.
  • Mastercard Benefits: Access to Mastercard features like contactless payments, global acceptance, and enhanced security.

5. Fees:

  • Late Payment Fees: Charged for late payments.
  • Cash Advance Fees: Applied when you withdraw cash using the credit card.
  • Foreign Transaction Fees: Charges for transactions in a foreign currency.

6. Additional Benefits:

  • Balance Transfer Options: Some low-rate cards may offer balance transfer options with promotional rates.
  • Security Features: Enhanced security features such as fraud protection and 24/7 monitoring.

7. Eligibility:

  • Generally, eligibility depends on factors like credit score, income, and other financial considerations.

8. Online Account Management:

  • Access to online banking for convenient account management.

Note: Always review the terms and conditions, including interest rates, fees, and any promotional offers directly from the ANZ website or by contacting ANZ customer service.