ABOUT BALANCE TRANSFERS
Exchanging BALANCES FROM OTHER CREDIT CARD ACCOUNTS TO MY ANZ CREDIT CARD ACCOUNT
WHAT IS A BALANCE TRANSFER?
Parity exchanges are an incredible method to merge your credit, charge or store cards or show signs of improvement bargain on sums you owe on more costly Mastercards. A parity exchange is the place ANZ gives credit to satisfy partially or in full a remarkable sum on a non-ANZ Visa account, and we’ve concurred, at your demand, to regard the exchange as an equalization exchange. You can exchange the equalization from in excess of one credit, charge or store card.
WHY TRANSFER MY BALANCE?
By exchanging the charge parity of your other credit or store card records to an ANZ Mastercard record and shutting those different records, you can altogether diminish the trouble in overseeing distinctive card reimbursements. Exchanging your parity to a Mastercard account with a lower financing cost can enable you to save money on premium which implies you can satisfy your parity quicker.
The amount CAN BE TRANSFERRED?
You can exchange sums more than $100 and up to 95% of your accessible ANZ credit restrain. On the off chance that you ask for a higher sum ANZ will process some portion of the parity up to 95% of your credit confine.
You can apply to build your credit constrain just by calling 13 14. Endorsement for a credit restrict increment is liable to ANZ’s ordinary credit endorsement criteria.
WHAT IS A BALANCE TRANSFER FEE?
A Balance Transfer Fee is an erratic expense that might be charged on any limited time rate balance exchange offer that you apply and are endorsed for. The Balance Transfer Fee will be figured as a level of the equalization being exchanged to your ANZ charge card account. Where such charge is material, this will be distinguished in the terms and conditions identifying with the limited time balance exchange offer.
A 1% Balance Transfer Fee is likewise material to all standard (i.e.: non-special) balance exchanges on an ANZ Balance Visa Mastercard account.
DOES ANZ ARRANGE FOR THE OTHER CARD ACCOUNT(S) TO BE CLOSED?
No. When ANZ has paid or part-paid the parity on your other card account(s), it’s your decision whether you close that card account(s). Keep in mind, the first account(s) will remain open until the point that you organize its conclusion with your other bank, money related foundation or significant store.
To what extent DOES IT TAKE TO PROCESS A BALANCE TRANSFER?
It as a rule takes under three working days to process your demand.
DO I EARN REWARD POINTS WHEN I TRANSFER MY BALANCE?
You won’t procure Reward Points on an offset exchange with ANZ Rewards, ANZ Rewards Platinum, ANZ Rewards Travel Adventures and ANZ Rewards Black, and you won’t gain Qantas Points on an offset exchange with ANZ Frequent Flyer, ANZ Frequent Flyer Platinum and ANZ Frequent Flyer Black. Be that as it may, you will gain Reward Points when you reimburse your equalization exchange on your ANZ Balance Visa.