Phi Finney McDonald acts for the Representative Applicant, Daniel Tour, and Australia and New Zealand Banking Group Limited (ACN 005 357 522) (ANZ) credit card holders who were charged interest by ANZ from 1 July 2010 to 31 December 2018 in a class action against ANZ. The class action, filed in the Federal Court of Australia, alleges that ANZ’s “interest-free” credit card contracts contained unfair terms and that ANZ engaged in unconscionable conduct causing loss and damage to ANZ credit card holders. Woodsford is providing financing for the class action.
The Applicant and ANZ have agreed to settle the ANZ Credit Cards Class Action and have applied to the Court for approval of the settlement. The settlement is without admission of liability.
The Court ordered deadline for registration to participate in the class action has passed. The Federal Court of Australia will hear the Representative Applicant’s application for settlement approval on 19 December 2024.
On 31 May 2024, the Federal Court of Australia ordered that group members must register by 4 October 2024 to participate in and receive money from the settlement of the class action.
If you held an ANZ “interest-free” personal credit card within the period of 1 July 2010 to 31 December 2018 and were charged interest on purchases made on that credit card during that period, you are a group member in this class action and may be eligible to receive financial compensation following Court approval of the settlement.
Group members for whom ANZ has email or mobile phone information have or will be sent an email and/or SMS message (by 24 August 2024 as a first contact) with a personalised link to obtain further information.
Please note that Phi Finney McDonald will never:
- Ask you to transfer money to Phi Finney McDonald or any other person or company.
- Ask for any of your passwords.
- Ask for remote access to your devices.