Other fees and charges

Call your Manager / Relationship Manager or Business Direct on
132 772

Foreign currency transaction fee

A fee of 2% of the value of any purchase or cash advance/withdrawal transaction made in foreign currency is payable. (This follows conversion to Australian dollars by the applicable credit card scheme.)

This fee will be incorporated into the Australian currency equivalent of the transaction shown on your statement.

Please note: The credit card schemes also charge fees when processing credit card transactions made in foreign currencies. The fee is either charged during the process of converting the foreign currency amount into Australian dollars, or is charged separately to Westpac and passed onto you by us. The fee varies depending on the applicable credit card scheme:

Visa International service assessment fee - 1.0%
MasterCard Issuer Cross Border assessment of 0.8% plus Mastercard Currency Conversion of 0.2%
American Express foreign exchange conversion fee - 1.5%

Cash advances

If your credit card account is in credit after a cash advance transaction, a flat fee of $2.50 is payable. If your account is in debit after a cash advance transaction, you will be charged 2% of the cash advance amount, with a minimum fee of $2.50 and a maximum fee of $150.

Missed payment charge

A charge of $35 ($30 for BusinessChoice Charge Card with Membership Rewards) is debited from your credit card account on or after the day your next statement is issued, after the required minimum monthly payment has been missed. This will continue to be debited each month, until your account is brought into order.

Over-limit fee

A fee of $35 may be debited from your credit card account every time you exceed your credit limit during a statement cycle. It is debited from your account in that statement cycle, on or after the day(s) your credit limit is exceeded. This fee may also be charged whenever your account is over the limit at the beginning of a statement cycle.

Duplicate statement fee

A fee of $7.50 ($10 for BusinessChoice Charge Card with Membership Rewards) may be debited from your credit card account, if you or an additional cardholder order a copy of a statement that has already been issued for your account. This fee is debited from your account on or after the day you order the duplicate statement.

1. Visa International Service Association charges us 1.0% of the transaction amount where a transaction is made using your Visa card and the merchant or financial institution accepting the card is located outside of Australia. We pass this amount on to our customers.
2. American Express International Incorporated charges us this fee on the transaction amount for converting foreign currency transactions made using an American Express into Australian dollars. We pass this amount on to our customers.
3. MasterCard International Incorporated charges us 0.8% of the transaction amount where a transaction is made using your MasterCard and the merchant or financial institution accepting the card is located outside of Australia. We pass this amount on to our customers.
4. MasterCard International Incorporated charges us 0.2% of the transaction amount for converting foreign currency transactions made using a MasterCard into Australian dollars. We pass this amount on to our customers.

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Products and services described here are only available in Australia. Fees and charges apply. Full details of all terms and conditions are available on application. These may be varied, or new terms and conditions introduced, in the future.