If you’re unsure what an ANZ credit card is and whether you can apply for one, read on to find out about specific eligibility requirements for Singaporeans. We’ll also compare alternative credit card options that are available in Singapore, so you can decide which credit card is right for your needs.
The Australia and New Zealand Banking Group, commonly known as ANZ, is one of the big four banks in Australia, one of the five biggest publicly listed companies in Australia and the largest bank in New Zealand. ANZ was founded in 1835 and currently operates in over 34 countries worldwide.
ANZ offers a wide range of credit cards, across rewards, low rate, frequent flyer and platinum. With an ANZ credit card, you could earn points and redeem offers across travel, entertainment, fashion, merchandise, shopping vouchers and gift cards via the ANZ Rewards program.
If you’re looking to earn Qantas Points, the ANZ Frequent Flyer range of credit cards lets you earn Qantas Points on your purchases. As ANZ offers Visa credit cards, you can benefit from its worldwide acceptance, contactless payments and privileges such as Visa Entertainment, which offers deals on concerts, theatre shows and other selected experiences.
Currently, most Singaporeans aren’t eligible to apply for ANZ credit cards in Singapore as DBS absorbed ANZ’s retail banking in Singapore in 2017. If you’re looking for credit card options in Singapore that are similar to ANZ, you may want to consider one of the many credit card options available in Singapore, or you can take a look at the credit cards DBS offers.
However, there are still several situations in which you could qualify for an ANZ credit card, such as if you’re a student studying in Australia or if you have Australian permanent residency or citizenship.
Singaporean students in Australia
If you’re a Singaporean studying in Australia, you can apply for an ANZ credit card. You’ll need to meet the following eligibility criteria:
- Be at least 18 years old and studying full time at an eligible Australian educational institution
- If you’re a non-Australian permanent resident, you’ll have more than 9 months remaining on your visa
- Annual income of at least $15,000 per year
Singaporeans travelling to Australia
If you’re a Singaporean travelling to Australia, you can’t apply for an ANZ credit card. However, you’re still eligible to apply for the ANZ Travel Card. The ANZ Travel Card lets you access your funds in up to ten supported currencies when you’re overseas. You’ll be able to make purchases worldwide wherever Visa is accepted without incurring any overseas transaction or currency conversion fees.
Singaporeans with Australian permanent residency
If you’re a Singaporean citizen or permanent resident who also holds Australian permanent residency, you can also apply for an ANZ credit card. You’ll still need to meet card-specific criteria including:
- Be at least 18 years old
- Have good credit standing
- Earn a minimum annual income of $15,000-$35,000
- Personal details. This includes your full name, date of birth, Australian residential address, email, phone number and Australian driver’s licence number (if you have one), Australian or foreign passport.
- Financial details. You’ll need to provide information about your income, including employment details or government payments. You also need to share details of other assets, such as savings, regular expenses and liabilities. This could include rental payments, bill payments or any existing loans and cards that you have.
- Supporting documentation. You’ll need to submit two recent payslips to verify your income.
If you are looking for alternatives to ANZ credit cards, there are plenty of credit cards available in Singapore that could offer the benefits and perks you’re looking for.
If you want a cashback card, you’ll need to compare the annual fees, minimum monthly spend requirements, rebate caps and fee waivers available. Also, check what purchases are eligible for cashback on your chosen card and consider what you spend most on such as shopping, dining and petrol, whether that’s online or offline, and on local or overseas goods and services.
If you’re interested in earning rewards, you’ll need to decide whether you prefer a rewards-earning or air miles credit card. Factors to consider include whether you prefer directly earning miles for a frequent flyer program or having more flexible redemption options. You should also consider your typical spending habits and lifestyle, such as how frequently you travel, shop online or spend on dining and entertainment.
Compare your alternative options…
Whether or not you’re eligible to apply for an ANZ credit card, there is a wide range of credit cards available in Singapore to suit your lifestyle and spending habits. Back to top