The Anz Gold Credit Card Helps Consumers Increase Their Purchasing Power

Posted by Nick Niesen on October 29th, 2010

The Australian market is littered with cards like this that seem great on the surface but when you dig deep you uncover hidden fees, restrictions and otherworldly interest rates. Finding a credit card that works with you no matter what your needs are can be quite the challenge. However, there are a few cards in Australia that are known to be hassle free and convenient. The ANZ Gold credit card is one of these ?easier? cards.

The Gold card is one of Australia?s more prestigious credit cards and it gives card holders exactly what they want- great rates and more purchasing power.

The ANZ Gold credit card is mostly known for its rates. These rates apply to both to the APR rate and the balance transfer rate. The introductory APR lasts for a full 44 days and at zero percent its pretty tough to beat. What this all means is that you can purchase for up to 44 days straight without paying any interest on your charges. After this intro period is over the rate does not climb that much. While most cards climb from zero percent to well over 20 percent after the intro period the ANZ Gold card only edges up to 2.9% for the next 12 months. The ANZ Gold card is also useful if you plan on transferring a higher rate balance to the card because the Gold card starts off with a zero percent balance transfer rate for the first six months. In other words you have ½ a year to get all of your other credit cards transferred over to the Gold card so that you can further take advantage of these options.

There are many credit cards that come with various restrictions and few benefits. These cards are often difficult to use because of the confusion that seems to automatically come with them. A credit card without restrictions is popular for nearly any consumer.

The ANZ Gold credit card is a solid choice for Australian residents looking for better rates and bigger purchasing power. When a consumer looks for a credit card with high purchasing power they should also dig into all of the rates that the card comes with.