What are exception fees?
In relation to credit cards, exception fees include overlimit and late payment fees that may be applied to your credit card account. An overlimit fee could be charged to your account when you make a purchase or cash advance, or have a recurring payment, which takes your outstanding balance over the credit limit. A late payment fee could be charged if you do not pay at least the minimum amount as indicated on your monthly statement by the due date. In either case a fee of $35 may be added to your account. If you hold an ANZ Access Basic account, a fee of only $10 may apply. For information on eligibility for an ANZ Access Basic account please go to www.anz.com or your local ANZ branch. ANZ only charges one overlimit fee in any one monthly statement cycle, but you must pay any over limit amounts immediately. When you receive your credit card, we’ll make sure you have clear and simple information about the exception fees that apply. This information is also available on www.anz.com From 1
