The ANZ Balance Visa Card offers a low interest rate (14.49% p.a.) with a lot of extra perks a combination that isn’t overly common. When all is said and done, this card offers many benefits and perks that even some of the best platinum cards can’t touch. The best thing about this card is the fact that those who pay off monthly balances are rewarded with 1 rewards point per every $1 paid.
Interest Rates, Fees & Charges
| Interest Rate on Purchases |  |
14.49% p.a. |
|---|---|---|
| Annual Fee | |
$79 |
| Interest Free Period | |
up to 55 days |
| Cash Advance Rate | |
21.74% p.a. |
| Card Type | |
Standard |
| Minimum Income Requirement | |
$15,000 p.a. |
| Credit Card Type | |
Visa |
| Rewards Program | |
Yes |
ANZ Balance Visa Card Highlights
- 14.49% p.a. rate
- Limits up to $15,000
- 55 days interest free
- Great rewards program
There is a $22 rewards program fee attached to this card, but this fee is rather minimal when you consider the amount of rewards that you can potentially rack up. As previously mentioned, every $1 that is paid towards the card’s monthly balance is remunerated with 1 reward point.
Reward Program Details
It’s rare to find a rewards program that doesn’t penalize a cardholder for rewards left unused. However, the rewards gathered while using the ANZ Balance Visa do not expire. Additionally, points can be used for cashback on a total balance.
One unique feature of the ANZ Balance Visa reward program is that users can choose to activate an “auto-redemption” feature. This feature allows cardholders to cash any rewards points that have accumulated during the span of one month. Further, there is no limit as to the amount of rewards that can be earned in one month this is unusual for any card.
Bottom-Line: Although there is a $79 annual fee attached to the ANZ Balance Visa, it’s hard to find a card that doesn’t have an annual fee in fact, it’s almost impossible. In the grand scheme of things, a yearly fee of $79 is little to pay considering the slew of benefits that come with this card.
Those searching for a credit card that includes some very appealing benefits will enjoy all that the ANZ Balance Visa has to offer. Ideally, this card is perfect for someone who leaves just a bit of a balance on a card each month, since the card includes an interest free period.
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