Credit card comparison

Our credit card comparison table helps you choose the most appropriate Australian credit card for your needs. Compare credit cards by looking at features like interest free days, annual fees, interest rates, and rewards or frequent flyer programs. The comparison table also features any current credit card balance transfer offers, bonus points promotions or special frequent flyer campaigns.

Rates p.a.

Purchases standard variable rate
(special promotion for a limited time)

20.24% p.a.

---------

0% p.a. purchase rate for 3 months from card approval on new cards only.

20.24% p.a.

---------

0% p.a. purchase rate for 3 months from card approval on new cards only.

20.24% p.a.

---------

0% p.a. purchase rate for 3 months from card approval on new cards only.

19.84%

19.84%

20.45% p.a.

Cash advances (variable rate)

21.24% p.a.

21.24% p.a.

21.24% p.a.

21.29% p.a.

21.29% p.a.

20.45% p.a.

Balance transfers (special promotion for a limited time)

0.00% p.a. for 16 months

0.00% p.a. for 16 months

0.00% p.a. for 16 months

0.00% p.a. for 6 months

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A 1% balance transfer fee applies
0.00% p.a. for 6 months

---------

A 1% balance transfer fee applies
no
Fees and Charges
Annual fee (fee may change)
$100

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Existing customers: $0 annual fee for the first year. New cards only. See conditions below.

$150

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Existing customers: $0 annual fee for the first year. New cards only. See conditions below.

$395

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Existing customers: $0 annual fee for the first year. New cards only. See conditions below.

$0

---------

Special promotion for a limited time.

$0

---------

Special promotion for a limited time.

$30

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Annual fee waived in the first year.

Interest free days
On purchases

Up to 45 days

 

Up to 45 days

Up to 45 days

Up to 55 days

Up to 55 days

Up to 55 days

Features
Card can be linked to Westpac transaction account
yes yes yes yes yes yes
Complimentary overseas travel insurance
no

Up to 3 months

Up to 6 months

no

Up to 6 months

no
Complimentary transit accident insurance cover
no

Up to $250,000

Up to $500,000

no

Up to $500,000

no
Complimentary purchase security insurance
no

3 months cover

4 months cover

no

4 months cover

no
Complimentary extended warranty insurance
no

Up to 1 year

Up to 2 years

no

Up to 2 years

no
Access to Priority Service Line
no yes yes no yes no
Free Qantas Frequent Flyer membership on new accounts for a limited time

Yes, when you select Altitude Qantas

Yes, when you select Altitude Qantas

Yes, when you select Altitude Qantas

no no no
Rewards
Points earned per dollar spent on purchases

If your choose Altitude Rewards: 2 Altitude Points on Altitude American Express Card©

 

1 Altitude Point on the Altitude Visa Card

 

If you choose Altitude Qantas:1 Qantas Point on Altitude American Express Card©

 

0.5 Qantas Point on Altitude Visa Card

 

If your choose Altitude Rewards: 2 Altitude Points on Altitude Platinum American Express Card©

 

1 Altitude Point on the Altitude Platinum Visa Card

 

If you choose Altitude Qantas: 1 Qantas Point on Altitude Platinum American Express Card©

 

0.5 Qantas Point on Altitude Platinum Visa Card

 

If you choose Altitude Rewards

3 Altitude Points on the Altitude Black American Express Card©

 

3 Altitude Points on the Altitude Black World MasterCard® (Overseas Merchants)

 

1.25 Altitude Points on the Altitude Black World MasterCard® (Australian Merchants)

 

If you choose Altitude Qantas Rewards:

1.5 Qantas Points on Altitude Black American Express Card©

1.5 Qantas Points on Altitude Black World MasterCard© (Overseas Merchants)

0.625 Qantas Points on Altitude Black World MasterCard© (Australian Merchants)

N/A

N/A

N/A

Points earned per dollar spent on selected Qantas products and services

1 extra Qantas Point (when you select Altitude Qantas)

1 extra Qantas Point (when you select Altitude Qantas)

1 extra Qantas Point (when you select Altitude Qantas)

N/A

N/A

N/A

Points cap - for each statement cycle when using your cards. Bonus points do not count towards the points cap.
5,000 Altitude Points or 2,500 Qantas Points. 7,500 Altitude Points or 3,750 Qantas Points no

N/A

N/A

N/A

Things you should know
  • Important:  Special promotions (including bonus points, introductory balance transfer rates and purchase rates) don’t apply to customers who obtain a Westpac credit card by switching or upgrading from an existing Westpac card, or as part of a package (including home loan packages) unless the package or promotion conditions state otherwise.

    Visit the product page for each credit card to check the terms and conditions, including any rewards terms and conditions (if relevant) that apply.

    About complimentary insurance
    Insurance covers are issued by Zurich Australian Insurance Limited ABN 13 000 296 640 AFSL 232507 to Westpac Banking Corporation under separate master policies. Zurich is liable for separate risks insured under the terms of each policy. Conditions, limits and exclusions apply. No Westpac Group company has any liability in connection with the insurance policies. Policy wordings may be obtained by calling 1300 367 228 or by downloading theWestpac Credit Cards Complimentary Insurance Policy (PDF 742kb).

    Special balance transfer promotion: Promotional balance transfer rates are available when you apply for a new credit card between 20 April 2015 and 30 June 2015 and request at application to transfer balance(s) from up to 3 non-Westpac Australian issued credit, charge or store cards. The rate will apply to balance(s) transferred (min $200 up to 95% of your approved available credit limit) for the promotional period, unless the amount is paid off earlier. Card activation will trigger the processing of the balance transfer . The variable cash advance rate will apply to balance(s) transferred but left unpaid at the end of the promotional period. Westpac will not be responsible for any delays that may occur in processing payment to your other card account(s) and will not close the account(s). Switches, upgrades, customers accessing employee benefits or packaged cards are ineligible. The variable cash advance interest rate applies to balance transfers requested at any other time. Interest free days don’t apply to balance transfers.

    Special purchase rate promotion: New cards only. Apply between 20 April 2015 and 30 June 2015. Switches, upgrades, customers accessing employee benefits or packaged cards are ineligible for this offer. Introductory rate on purchases is not available in conjunction with any promotion other than the special balance transfer promotion available at card application. After 3 months, the introductory purchase rate will switch to the variable purchase rate then applicable to your card account.

  • ^$0 annual fee in first year for existing Westpac customers promotion: To be eligible for this promotion you must be an existing Westpac customer that applies for a new Low Rate, Altitude, Altitude Platinum or Altitude Black card by clicking on the Westpac customers 'Apply now’ button via westpac.com.au or westpac.com.au/mobile between 1 April 2015 and 30 June 2015. Switches, upgrades, customers accessing employee benefits or packages cards are ineligible. Promotion is not available in conjunction with any other promotion other than the current balance transfer available at card application, promotional purchase rate offer or any bonus points offer. The first annual fee will be debited on the 12 month anniversary of the first transaction on your account and annually thereafter on the anniversary of the first annual fee.