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Credit limits

Purchase Cards are issued with a standard monthly credit limit of NZD$5,000. Any temporary or permanent changes to these limits will need to be approved by the authoriser and actioned by the Purchase Card Admin team. If a limit of $10,000 or more has been requested, approval resides with the Chief Financial Officer.

The process for changing a credit limit can take between one to two business days. Requests must be made in writing to the Purchase Card admin team before it will be sent to ANZ. The emailed request should include:

  • Authorisation details
  • Requested credit amount
  • Length of time that limit change is required.

Credit limits for all Purchase Cards are reviewed regularly by the Purchase Card admin team and both the cardholder and their HOD will be notified by email if any changes to are deemed necessary.

NB: Only the Purchase Card Admin team can change credit limits, ANZ cannot action this.