Credit limit payment calculator

Estimate my payments

Use our calculator to see how increasing or decreasing your credit card limit will impact your repayments and your interest charges.
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If you use your nominated credit limit in full

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And each month you pay

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You should pay off the outstanding amount in about

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With estimated total interest charges of

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And each month you pay the minimum

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You should pay off the outstanding amount in about

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With estimated total interest charges of

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*Your minimum monthly payment is shown on your statement each month, which changes as the balance changes. If you owe less than $25, your minimum monthly payment is the amount you owe. Otherwise, your minimum monthly payment is 2% of your closing balance or $25 – whichever is higher.

This is a guide only. The amounts above assume you’ve used the credit limit in full by making purchases at the current standard interest rate on purchases for your selected ANZ credit card above, no further purchases, cash advance, balance transfers or other transactions are made and your account is not overlimit or overdue at any time. Except for the interest charges set out above, the amounts don't include other applicable fees or charges that you may have to pay.

Easy ways to apply

Visit ANZ internet banking

Apply online

Call us

1800 100 641

Mon-Fri 8.00am to 8.00pm (AEST),
Sat-Sun 8.00am to 6.00pm (AEST)

Visit a branch

Locate us

Frequently asked questions

I want to apply for a credit limit increase. How do I do this?

Simply login to ANZ Internet Banking and follow the prompts under ‘Increase your credit limit’ and select your preferred limit. You can also call us on 1800 119 848.

Would you like to reduce your current credit limit?

You can reduce your current credit limit at any time. Simply login to ANZ Internet Banking and follow the prompts under ‘Decrease your credit limit’ and select your preferred limit. Alternatively you can call us on 1800 119 848.

I’ve received a credit limit invitation from ANZ, but I would like to apply for a lower or higher credit limit than what was proposed in the invite. How do I do this?

For a lower or higher credit limit than what we have proposed, simply login to ANZ Internet Banking and follow the prompts under ‘Increase your credit limit’ and select your preferred limit. You can also call us on 1800 119 848.

What are the standard variable interest rates for ANZ credit cards?

Please refer to the ANZ Credit Cards Key Facts Sheet (PDF) for details on the standard interest rates on purchases, cash advances and balance transfers for our credit cards.

When will your new credit limit be available?

You’ll need to apply to change your credit limit. Once you’re approved, you should allow up to 2 business days before your new credit limit is available.  If increasing your limit, we will inform you once it is approved, having received all required documents and assessed your application.  If you’re decreasing your limit, we will inform you once we’ve checked the lower limit is within the minimum credit limit rules and the outstanding balance has been paid down to the lower limit.

Experiencing financial difficulty making repayments?

If your personal circumstances have recently changed (or are likely to change in the near future) in a way that could adversely affect your ability to make repayments, please do not request a limit increase and call us on 1800 252 845 Monday - Friday 9am-6pm AEST. We may be able to restructure your payments or work out a repayment plan, to help you manage and ultimately clear your debt. So you can minimise any interest charged where possible, consider paying off your closing balance in full each month.

You can opt out of receiving invitations to increase your credit limit. It may take a few days for us to process opt outs, so if you've recently opted out, please disregard this invitation.

If you apply for a credit limit increase, your application will be subject to our credit assessment criteria, which means your increase won't necessarily be approved. We might also ask you for more information to help us assess your application.

MasterCard and the MasterCard Brand Mark are registered trademarks of MasterCard International Incorporated.

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