ANZ Balance Transfer Loan
ANZ promises you with preferential interest rate, whether the need of instant cash out for unexpected expenses or debt consolidation. ANZ Balance Transfer Loan provides flexible solutions to suit your needs.
- Personalised interest rate
Monthly flat rate as low as 0.24% (APR 7.38%)2
- Maximum loan amount
Borrow up to 21 times your monthly income or HK$1,200,0003
- Flexible repayment periods
Choice of repayment period from 6 to 60 months
- Apply online now or call our application hotline at 2176 8899
ANZ Balance Transfer program promotion terms and conditions
The grant of ANZ Balance Transfer ("Balance Transfer") is subject to approval by Australia and New Zealand Banking Group Limited, Hong Kong Branch (the "ANZ", which expression will include its successors and assigns). ANZ reserves
(a) the right to determine the approved Balance Transfer amount, interest rate and repayment period according to the credit condition of each applicant and
(b) the right of final decision in respect of all applications and approvals of the Balance Transfer with no obligation to provide reasons.
- (a) Monthly flat rate of 0.24% is only applicable to selected individual customers. The annualised percentage rate ("APR") for the monthly flat rate of 0.24% is 7.38% which is calculated based on (i) Balance Transfer amount of HK$500,000; (ii) a repayment period of 12 months and (iii) 1% p.a. handling fee of the approved Balance Transfer amount.
(b) The actual approved APR may differ. The APR is calculated using the net present value method on the basis of 365 or 366 days a year (where applicable) and in accordance with the relevant guidelines as referred to the Code of Banking Practice.
(c) Each applicant must pay a handling fee upon acceptance of the Balance Transfer, which is 1% of the approved Balance Transfer amount per year based on the repayment period. For instance, if the repayment period is 3 years, the handling fee will be 3% of the approved Balance Transfer amount.
The total Balance Transfer amount shall not exceed 21 times the applicant's monthly income or HK$1,200,000 (whichever is lower, subject to ANZ credit approval criteria).
ANZ reserves the right to amend, suspend or discontinue these terms and conditions at anytime without prior notice.
In the case of any disputes arising from or in connection within this Programme, the decision of ANZ shall be final and conclusive.
In the case of any discrepancy between the English and Chinese versions, the English version shall prevail.