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.