Facts you should know about ANZ Credit Cards
Australia and New Zealand Banking Group (ANZ) is one of the finest financial institutions in Australia. It started in 1835 and currently operates in several countries around the globe.
ANZ is well-known for helping sustain the future of business, shareholders, clients, and communities. So it is no surprise it is present in Asia, Europe, and the United States.
ANZ acquired RBS Singapore on May 15, 2010. Today, it functions in six different branches all over the country. It deals with about 300,000 clients in Singapore. It can be assistance in wealth management, retail, and commercial and institutional banking.
Recently, credit cards are now a top product of the company. A lot show interest but are still hesitant. With that, let us show you if it is worth applying for an ANZ credit card.
ANZ Platinum Credit Card
ANZ Platinum Credit Card follows a point system. In return, cardholders receive perks suitable to their needs.
Among other credit cards of ANZ, Platinum Card holds the most benefits for its cardholders. So, let’s dig deeper into what the credit card has to offer.
ANZ Platinum Credit Card Benefits
Double your Rewards Points: Earning rewards is faster. Shop online with ANZ Platinum Credit Card, especially for online and overseas purchases. Also, it applies when you buy in any currency besides Singapore Dollars.
Savour dining privileges: Any ANZ Credit Card Singapore has the advantage of delectable meals from restaurants you prefer.
Petrol Savings. Experience savings of up to 20.3% every time you fill your tank with petrol at Caltex.
Complimentary Parking: Lessen your hassle of weekend parking at TANGS at Tang Plaza when you swipe your ANZ Platinum Credit Card.
Rewards: Being a cardholder of ANZ Platinum provides you with amazing Platinum rewards.
On top of these benefits, a Platinum Card has additional promising features.
You can balance transfer for six months with a 0% interest rate per annum and processing fee. Also, it offers a complimentary MoneyLine account.
Furthermore, FlexiLoan is more accessible with the Platinum credit card. And it allows you to enjoy the FlexiPlan, which has a purchase program now and pay later.
Aside from earning rewards points through shopping, you gain them when paying off your income tax. In addition, ANZ Credit cards assist cardholders to be responsible citizens with perks.
Platinum Card has a security feature that saves you from being stressed from unauthorised expenses and payments.
ANZ Credit Card Fees and Other Charges
ANZ Platinum Credit Card has the lowest annual fee of $160. Luckily, it is waived for the first year.
The instalment payment plan has a 0% interest. Also, payments for the credit card is more convenient than ever. Use the Scan and Go and fulfil your financial obligation in no time.
ANZ Platinum Credit Card Eligibility Requirements
Applicants who wish to avail of the ANZ Platinum Credit Card must be eligible with the following.
Age Limit Required: It is available for individuals aged 21 to 65 years old.
Annual Income Required: The minimum annual income for Singaporeans and Permanent Residents must be $30,000. Foreigners can also avail of this card with an annual income of $60,000.
ANZ Credit Card Application Contact
Applying for an ANZ Platinum Credit Card is easy when you fulfil is available to over 800 DragonPass lounges worldwide—all the requirements.
Personal Information: Ensure accurate details about your full name, birth date, and residential address. Your contact number and email address are also necessary. If you’re a foreigner, don’t forget to secure your passport.
Financial details: As mentioned earlier, the minimum annual income is essential. Complete the paperwork that has your income. Ensure that the employment details and government payments are also present.
Also, prepare to share the details about your assets. It can be your savings, regular expenses, and liabilities.
Supporting Documentation: Other documents are necessary besides personal and financial details. Your recent payslips play a vital role in your credit card application. It verifies your income.
ANZ Platinum Credit Card provides rewards beneficial to every cardholder. Secure one for yourself and obtain Platinum perks.
Other ANZ Credit Card Singapore
Credit cards from ANZ offer a wide range of services. It benefits low rates, rewards, frequent flyers, and platinum. When you plan to take an ANZ Credit Card, find out which types are worthy of applying.
ANZ Switch Platinum Card
The Switch Platinum is the go-to credit card with no annual fee. It is an ANZ Credit card with a rewards program.
Eligibility Requirements: It applies to cardholders at the age of 21 to 65 years old. The minimum annual income for Singaporeans and Permanent Residents must be $30,000. Foreigners can also avail of this card with an annual income of $60,000.
Card’s Interest Rate: ANZ Platinum Credit Card offers the lowest interest rate per annum at 23%.
Features: The plastic card is best for dining privileges. It provides complimentary weekend parking at TANGS in Tang Plaza. Also, earn rewards when you use it for petrol at Caltex, up to 20.3% savings.
Payment Methods: Enjoy the faster payment process with Tap & Go.
If you prefer a credit card free from the annual fee, apply for an ANZ Switch Platinum Card.
ANZ Optimum World MasterCard Credit Card
The popular ANZ credit card for cash rebates.
Eligibility Requirements: It applies to cardholders at the age of 21 to 65 years old. The minimum annual income for Singaporeans, Permanent Residents, and Foreigners must be $80,000.
Annual Fee Requirement: Optimum World MasterCard Credit Card has an annual fee of $180. Nevertheless, cardholders have the privilege of a waived fee in the first year.
Features: The credit card allows you to earn all the cash rebates based on your spending. Gain a 5% cash rebate on one of the following categories.
- Groceries – Supermarkets
- Shopping – Fashion boutiques and stores (can be physical shops or online)
- Dining and Leisure – Restaurants, bars, cinemas, and hotels
- Travel – Airlines, travel agencies, and online portals for travel
Always remember that your choice can vary for every calendar quarter.
Furthermore, cardholders still can earn 1% on all other spending not mentioned above.
Plus, it does not require a minimum spend. Therefore, there are no limits on how much cash rebate you can earn.
Take out an ANZ Optimum World MasterCard Credit Card if you’re after a credit card with rebates or cashback.
ANZ Travel Visa Signature Card
The ANZ Travel Visa Signature credit card offers miles people never thought they needed.
Eligibility Requirements: It applies to cardholders at the age of 21 to 65 years old. The minimum annual income for Singaporeans and Permanent Residents must be $60,000. Foreigners can also avail of this card with an annual income of $90,000.
Annual Fee Requirements: Travel Visa Signature Card has an annual fee of $200. Nevertheless, cardholders have the privilege of waiving fees in the first year.
Features: The ANZ Credit Card Singapore provides more than just miles.
Earn more air miles with every dollar spent. Get 2.8 air miles per $1 for flight bookings made in Qantas and Jetstar airlines. Receive 1.4 air miles for every $1 of other purchases made.
Redeem airport limousine transfers. Cruise the airport with a chauffeured Mercedes E-class when you use the ANZ Travel Card Rewards Program. The Travel$ provides a one-way airport ride.
Access to DragonPass airport lounges. It is available to over 800 DragonPass lounges worldwide. Receive two complimentary access every time you charge a minimum of $10,000 in your ANZ Travel Card. Take note that it applies in each calendar quarter.
The flexible function of Travel$. Offset any of your travel-related purchases, or you may convert them to cash.
Obtain insurance coverage for travel accidents and inconvenience. Gain the benefit every time you charge air tickets to ANZ Travel Visa Signature. You can have up to $1 million for yourself. At the same time, your spouse and child can have up to $100,000.
Visa Signature provides up to 75% off at over 65,000 hotels around the world. Also, it offers a 5% discount on petrol purchases at any Caltex service station.
Payment Methods: Enjoy the convenient payment procedure with Wave & Go.
If you aim to save for your out-of-the-country vacation, grab the ANZ Travel Visa Signature Card.
ANZ Credit Card Singapore is just like the ones available in Australia. However, it expanded its products and services to cater to every individual’s needs.
Will credit cards be your best spending buddy?
With a credit card, your purchasing experience will get better and more manageable. For example, you have to pay for a high-ticket item. Using a credit card would be lighter than paying it upfront.
Let’s say you need to buy a high-ticket purchase such as home improvement. Of course, using credit cards for such a purchase is acceptable. However, other options might be better for home improvement projects, such as personal loans.
Personal loans have lower interest rates. That’s why people tend to apply for personal loans or short-term renovation loans rather than credit cards.
Considering the scenario given above, it is best to understand how a credit card works first. And most importantly, when to properly use it. In that way, you can avoid being lulled to huge debts.