Effective 2 December 2025, customers will no longer be able to set up new ANZ Instalment Plans on eligible ANZ Credit Cards.

Please note: This change does not affect ANZ’s ability to offer Instalment Plans for the purposes of Collections, Financial Hardship, or Persistent Debt. These options will remain available where applicable.

To support system updates, from 2 December new ANZ Instalment Plans are no longer offered until further notice.

This change will not impact active ANZ Instalment Plans. You can continue to view and manage active ANZ Instalment Plans via the ANZ App or by calling us on 1800 269 484.

You can also find information about your active ANZ Instalment Plans, including when payments are due, on your credit card statement.

No. Effective 2 December 2025 you will no longer be able to put eligible purchases or balances onto a new ANZ Instalment Plan, regardless of channel.

We may make ANZ Instalment Plans available in the future.

For information about the rates, fees, and charges related to your Instalment Plan, click on the active plan in the ANZ App, view the confirmation email you received when setting up your Instalment Plan, or refer to your statements of account.

A Plan interest rate^disclaimer is the discounted variable purchases interest rate that was applied to your ANZ Instalment Plan balance when you enrolled some or all of your Purchases balance onto a Plan.

You can see the Plan interest rate that would apply to a particular Plan in the by clicking on the active plan in the ANZ App.

The Instalments you chose will form part of the Minimum Monthly Payments due on your credit card, which you pay off monthly as part of your credit card payments.

While an ANZ Instalment Plan applies to your account, the payments you make will be applied in a different way, which can have interest consequences.

For more info see the ANZ Instalment Plan Terms and Conditions (PDF).

Your monthly Instalments form part of the ‘Minimum Monthly Payment’ amount which you’ll see on your credit card statements whilst the Plan is active. You’ll need to pay at least this amount to meet your Plan payments (plus any 'Payable Immediately’ amounts) shown on your statements. Of course, you can also choose to pay more.

You’ll find details of the Instalments, Minimum Monthly Payments, amounts owing and Due Dates in your statements of account. You can also check details of your active Plans in the ANZ App.

An important thing to be aware of is that your Minimum Monthly Payments will be higher while an ANZ Instalment Plan applies to your account. That's because the Instalments form part of the Minimum Monthly Payments that are due.

Learn more about how to pay

At the bottom of your statements you’ll find a section called ‘Accepted Promotions’. That’s where you’ll see your Instalment Plan details.

You’ll need to check your statement for the Adjusted Closing Balance first. Then select ‘Pay Other Amount’ in the ANZ App and input your Adjusted Closing Balance as the amount to be paid.

Learn more about how to pay

Instalments will form part of the ‘Minimum Monthly Payment’ that’s due on your credit card account.

You’ll need to continue to pay at least this amount (plus any 'Payable Immediately’ amounts) shown on your statements.

Your Minimum Monthly Payments will be higher while you have an ANZ Instalment Plan applied to your account. That's because your Minimum Monthly Payments will include any Instalments that are due.

The first Instalment for a particular Plan is due on the Due Date of the first statement you receive after an amount is successfully enrolled in that Plan.

The remaining Instalments are due on each of the following statement period Due Dates.

You can find information about your Instalments and when payments are due on an Instalment Plan on your statements of account.

Yes. The payments you make to your credit card account whilst you have an ANZ Instalment Plan will be applied differently. 

You can learn more about how your payments are applied by reading the ANZ Instalment Plan Terms and Conditions (PDF). Something to note is that when a payment is processed to your account whilst an ANZ Instalment Plan applies to your account, the payment will be applied to pay off your ANZ Instalment Plan Instalments which are due first, and not the balance with the highest interest rate. That means you might pay more interest than if your payments did go to the balance with the highest interest rate. You could end up paying more interest by applying payments in this way, than you would have if the payments had been applied to the highest balance first.

You can withdraw your request to apply payments in this way at any time by calling us on 1800 269 484.^disclaimer If you do, ANZ will cancel your ANZ Instalment Plan and interest may apply to any remaining ANZ Instalment Plan balance at the standard purchases interest rate^disclaimer that applies to your account.^disclaimer

So that’s an easy answer. You’ll see an ‘Adjusted Closing Balance’ on your statement. If you are currently eligible for Interest Free Days on your purchases balance, make sure you pay at least the ‘Adjusted Closing Balance’ on each statement if you want to keep enjoying your Interest Free Days. 

It’s important to note, Interest Free Days do not apply to Instalment Plan amounts.

If you don’t currently have the benefit of Interest Free Days on purchases applying to your account, and your account is eligible for this benefit, you can regain the benefit:

• By paying the full ‘Adjusted Closing Balance’ shown on your next (or any subsequent) statement by the Due Date; or
• If the ‘Adjusted Closing Balance’ on a subsequent statement is $0 or in credit.

See the ANZ Credit Card Conditions of Use (PDF) for more information.

If you have Card Pay Direct set up on your account, it continues to operate whilst you have Instalments due.

Here’s how it works depending on how you have CardPay Direct set up:

If CardPay Direct is set up to pay the full Closing Balance^disclaimer each month: CardPay Direct will debit the ‘Adjusted Closing Balance’ (rather than the full ‘Closing Balance’) in accordance with the CardPay Direct terms.

If CardPay Direct is set up to pay the Minimum Monthly Payment: CardPay Direct will continue to debit this amount plus any 'Payable Immediately’ amounts in accordance with the CardPay Direct terms. If an Instalment is due under the Plan, it will form part of the ‘Minimum Monthly Payment’ amount.

If you’ve selected the ‘set monthly amount’ option when you set up CardPay Direct:

If you have selected the ‘set monthly amount’ option and you only have a Promotional Plan balance (like an ANZ Instalment Plan balance) owing on your account at the time the CardPay Direct Payment is processed, CardPay Direct may only debit the Minimum Monthly Payment (plus any 'Payable Immediately’ amounts) due rather than the set amount.

If you wish to make an extra payment you can do so by making a manual payment to your account after the Due Date when that CardPay Direct Payment is credited to your account and before the end of the relevant statement period.

If you have selected the ‘set monthly amount’ option and you have more than a Promotional Plan balance owing on your account, CardPay Direct may debit the greater of the set amount or the Minimum Monthly Payment as shown on your relevant statement, (plus any 'Payable Immediately’ amounts).

Well, the Instalment will become a 'Payable Immediately’ amount, and you may be charged a Late Payment Fee, as explained in your Credit Card Contract.

If you don’t meet your Credit Card Contract obligations, such as not paying the Minimum Monthly Payments shown on a statement, the ANZ Instalment Plan(s) on the account at that time may be cancelled by ANZ.

No, you need to pay the difference between the Closing Balance and the amount you enrolled into an ANZ Instalment Plan by the Due Date on your recent statement. Otherwise, you may pay off your Instalment Plan early.

Yes, you may be charged interest on that balance at the standard purchases interest rate^disclaimer that applies to your account if an ANZ Instalment Plan expires or is ended early.^disclaimer You can learn more about what happens when your Plan ends early in the ANZ Instalment Plan Terms and Conditions (PDF). The date it is effective will be reflected on your statement of account in the statement period in which the cancellation or end is processed by ANZ.

Quick tip: You can generally avoid paying interest on your Purchases balance if you pay the ‘Closing Balance’ or ‘Adjusted Closing Balance’ (as applicable) in full by the Due Date shown on each statement of account.

You can cancel your ANZ Instalment Plan at any time in the ANZ App or by giving us a call on 1800 269 484.

When a cancellation is processed, the outstanding ANZ Instalment Plan balance will be moved to your Purchases balance and may start to attract interest at the standard purchases interest rate^disclaimer applicable to that account.^disclaimer

The cancellation or ending of a Plan may not be effective immediately and will depend on factors including the day or time when the event triggering the early end of the Plan or when the cancellation request is made and how it is made.^disclaimer The date it is effective will be reflected on your statement of account in the statement period in which the cancellation or end is processed by ANZ.

You can learn more about this in the ANZ Instalment Plan Terms and Conditions (PDF).

ANZ does not charge a fee for cancelling a Plan. However, if interest has accrued on the balance enrolled on the Plan, it will not be refunded and will transfer to the Purchases balance on the relevant Credit Card Account.

This means that you may be charged interest at the standard purchases interest rate^disclaimer that applies to your account on any unpaid amount that has been part of an ANZ Instalment Plan balance if that Plan ends or expires early.^disclaimer

For more info see the ANZ Instalment Plan Terms and Conditions (PDF).

When a Setup Fee^disclaimer applies to your ANZ Instalment Plan, we will refund the Setup Fee in the form of a credit to your Credit Card Account if we receive your request to cancel the Plan within 7 days of your ANZ Instalment Plan becoming active (being when the Plan is accepted by ANZ). The Setup Fee will be credited to your Credit Card Account within two ANZ Business Days of receiving your cancellation request.