Offer Centre
Instalment Plan Offer
The ANZ Instalment Plan. It's a great way to make a big purchase.
As an existing ANZ credit card customer, we'd like to offer you a new way to make that big purchase you've been planning. An ANZ Instalment Plan lets you transfer a big purchase amount of $1,000 or more, subject to your available credit limit, from your ANZ credit card, to an Instalment Plan and pay it off in 24 monthly fixed repayments at just 11.99% p.a.*
A new way to use your ANZ credit card.
Simply by using the new ANZ Instalment Plan feature on your credit card, you can purchase that big ticket item right now, subject to your available credit limit and continue to use the remaining balance on your card as you do today. There's no need to apply for another line of credit. That means there are no additional credit checks or set-up fees.
Just 24 fixed monthly repayments.
Because the repayments are fixed, you'll know how much your Instalment Plan repayment will be every month. This amount is paid in addition to your usual minimum monthly repayment on your ANZ credit card, which may help you control your debt more easily.
You could save money on interest.
You only pay 11.99% p.a. interest for 24 months * on the amount you transfer to your ANZ Instalment Plan. The interest on your Instalment Plan is included in your 24 fixed monthly repayments which could make it easier to budget for and repay. You can even arrange to make your payment by direct debit to help you keep on track with your payments.
Shop for your ANZ Instalment Plan item anywhere your credit card is accepted.
With an ANZ Instalment Plan, you can shop for what you want where you like - online, in-store or over the phone - anywhere that your credit card is accepted. You could even make your big purchase overseas, because you can shop wherever your ANZ credit card is accepted in millions of outlets worldwide, as well as in Australia.
How to set up your ANZ Instalment Plan.
- Simply make a purchase of $1,000 or more, subject to your available credit limit, on your ANZ credit card.
- Allow two days for the transaction to be processed. Within 30 days of making the transaction, contact us on 1800 445 175 to apply to have the amount transferred to your ANZ Instalment Plan.
- After the amount is transferred to your ANZ Instalment Plan, it will no longer appear on your ANZ credit card statement as part of your outstanding balance, but will be listed separately. Your fixed repayment amount will be added to your usual minimum monthly repayment amount and the total will be listed under the amount due column on your monthly ANZ credit card statement.
Terms & conditions
* Terms and conditions available on application. Fees and charges apply.
Total purchases including the Instalment Plan purchase cannot exceed your credit limit. After making your purchase, please allow at least two working days and up to a maximum of 30 working days, then call 1800 445 175 (7am -9pm Monday to Sunday AEST) to transfer the purchase amount to your ANZ Instalment Plan. Applications for transferring a purchase to an Instalment Plan after the 30 day cut off date may not be processed. Your Instalment Plan will apply for 24 months from the next statement date following the date on which your transfer is approved by ANZ and reverts to the standard variable rate for purchases on your card after 24 months from the date the request is processed by ANZ. The approved instalment amount will form part of your minimum monthly credit card repayments until your Instalment Plan is paid in full or the Instalment Plan expires. Any interest accrued between the date of purchase and the date the amount is transferred to the Instalment Plan will be at the standard variable interest rate applicable to purchases on your card, subject to any standard available interest free days credit on the card. View the standard variable rate for your credit card. This offer is only available to existing primary cardholders. You must make the minimum monthly payment shown on each statement of account by the due date, late payment fees apply. If you fail to make the minimum monthly payment or are otherwise in default of your ANZ Credit Card Conditions of Use, your Instalment Plan may be cancelled. To the extent permitted by law, ANZ will not be liable for any loss or damage whatsoever resulting from a delay in the process of receiving and/or approving applications. Not available in conjunction with any other offer. ANZ reserves the right, in its sole discretion, to refuse an application for an Instalment Plan.
