FEATURES SUMMARY

• Annual fee: $87
• Purchase rate: 18.49% p.a.
• Cash Advance rate: 20.24% p.a.
• Balance Transfer rate: 7.99% p.a. for first 6 months
• Interest-free days: Up to 55 days

• Extras:
  • Apply online
  • Phone internet banking
  • Up to 9 additional cardholders
  • Visa Entertainment benefits
  • Worldwide emergency card replacement

The ANZ Gold Credit Card offers much the same benefits as the ANZ Frequent Flyer Platinum credit card without the huge price tag, enabling it to come in second in the Editor’s Choice – Gold credit cards category. At just $87 a year it is even cheaper than the standard ANZ Frequent Flyer card.

While it is not the cheapest credit card on offer from ANZ in terms of its interest rate (18.24% p.a.*), it has a number of features that make it stand out from the rest, and also give it the title of #1 Editor’s Choice in the Gold Credit Cards Category. One  example of why it is the leader in this category is a great introductory offer on balance transfers.

At just 2.99% p.a. for the first 6 months*, a small balance transfer could be paid off at a much cheaper rate than what you would normally be paying for that balance on a different credit card. The only catch is that you have to apply for your transfer at the same time as you apply for the Gold credit card.

Not a major, but if the balance transfer is one of your motives for getting this card then forgetting to do this will mean you’ll be paying 18.24% p.a.* instead of 2.99% p.a. for the first 6 months.

The ANZ Gold card also includes the following travel insurance benefits:

- 90-day purchase security (after the expiry of the product warranty)*
- Overseas medical and travel insurance*
- Commission free travelers cheques*

This card sits on the middle of the scale in terms of price, but makes up for any price-related concerns you may have by having very reasonable rates for pretty much all of its features, rather than just focusing on one, like a lot of other credit cards tend to do.

See our top credit card picks in the Editor’s Choice category