Important disclosure
Westpac Low Rate Card (Balance Transfer offer)
Balance Transfer
0% for 28 months on balance plus $0 annual fee for the first year0% p.a. for 28 months on balance transfers requested at card application**. After 28 months the rate reverts to the variable cash advance rate. New cards only. Credit criteria and T&Cs apply.
Purchase Rate
Purchase Rate
13.74%
p.a
Balance Transfer Rate
Balance Transfer Rate
0%
p.a
for up to 28 months, then 21.49%
Purchase Rate
13.74%
p.a
Balance Transfer Rate
0%
p.a
for up to 28 months, then 21.49%
Annual Fee
$0
for 12 months then $59 thereafter
Promoted credit cards
Promoted
Low Rate (Balance Transfer Offer)
Balance Transfer
0% p.a. for 28 months on balance transfers with 2% balance transfer fee and $0 annual fee in first year.*Purchase Rate
13.74%
p.a
Annual Fee
$0
for 12 months then $58 thereafter
Promoted
Low Rate (Credit Back Offer)
special
Get $250 back to your new card when you spend $1,500 on eligible purchases in the first 3 months from approval.Purchase Rate
13.74%
p.a
Annual Fee
$58
Pros and cons
For Low Rate Card (Balance Transfer offer)
Benefits
- Lower than average ongoing variable purchase rate
- $0 annual fee in the first 12 months and $59 p.a thereafter.
- Ability to convert large purchases into instalment plans
- Apple Pay, Google Pay and Samsung Pay available
- Free supplementary cards
Drawbacks
- No reward program
Westpac Rate Credit card overview
For Low Rate Card (Balance Transfer offer)
Details
Card Level Standard | Card Type MasterCard |
Interest Free Days Interest Free Days 55 | Minimum monthly repayment 2% or $10 |
Minimum credit limit $500 | Maximum credit limit $50k |
Free supplementary cards | Instant Approval |
Target Market Determination Visit Westpac Banking Corporation Ltd to view Target Market Determination. |
Fees
Annual Fee Annual Fee $0 for 12 months then $59 thereafter | Annual Fee Spend Waiver |
Supplementary card annual fee $0 | Late Payment Fee $15 |
Over limit fee $15 | Duplicate statement fee $2 |
Electronic Wallet Service
Important Rates
Rates
Purchase Rate Purchase Rate 13.74% p.a |
Cash advance rate 21.49% p.a |
Cash advance fee 2% or $2.5 |
Balance Transfer
Balance Transfer Rate Balance Transfer Rate 0% p.a for up to 28 months, then 21.49% |
Transfer Limit $50k max card limit |
Balance Transfer Fee 1% |
Overseas spending
Foreign Exchange Fee 3% on Mastercard |
Overseas charges Overseas charges $2.5 |
Estimated ATM Cost $11.5 for AU $300 withdrawal |
Rewards
Program name |
Rewards Available |
Eligibility
Minimum age 18 |
Minimum income |
Eligibility conditions You have a regular, verifiable income |
Residency Australia Citizen, Permanent Resident |
Perks
- FREE SUPPLEMENTARY CARDS
- Balance Transfer 0% for 28 months on balance plus $0 annual fee for the first year0% p.a. for 28 months on balance transfers requested at card application**. After 28 months the rate reverts to the variable cash advance rate. New cards only. Credit criteria and T&Cs apply.
