Zirconium (Zr) alloys are standard clad material in commercial light water reactors. However, it is vulnerable to ballooning and burst under high-temperature conditions such as LOCA (Loss-Of-Coolant Accident), due to large internal/external pressure difference. Considering that clad ballooning is detrimental in terms of nuclear reactor safety especially for high-burnup fuel rod, high-fidelity numerical simulation of Zircaloy clad ballooning is desirable. This paper presented a finite-element based implementation for the simulation of Zircaloy clad ballooning. The developed simulation capability predicts progressive clad ballooning up to failure given empirical burst limits. The material models coupled together are phase transformation and high-temperature creep. Especially, anisotropic creep was considered for α phase Zircaloy. The implemented algorithm for stress update is implicit in time integration, which allows relatively large time step size to efficiently simulate the process that can last for hundreds of seconds. An analytic benchmark, the PUZRY ballooning and burst test, and the Hardy stress-rupture test were utilized to verify and validate the simulation capability. The anisotropic creep calculation conforms to the analytical solution. The comparison with PUZRY and Hardy test data shows that considering anisotropic creep in the α phase region is essential. 3D ballooning was also simulated by considering circumferential temperature difference for both conventional and novel annular clad designs. Interestingly, it is the first time to note that the risk of buckling failure is predicted for the double-cooled annular nuclear fuel clad during the accident condition, only after considering the anisotropic creep algorithm.