Low Rate credit card

A low interest rate credit card to help trim your credit card costs.

Enjoy Westpac's lowest variable purchase rate. Low standard interest rate on purchases.
  •  

    Apply now

    Get a response in 60 seconds

    Apply online
  • Give us a call

    1300 651 089

    8am-8pm, 7 days a week

Essentials

Special promotion

  • 0.00% p.a. purchase rate for 12 months from card approval. Offer ends 30 September 2014.
  • 1.99% p.a. for 12 months on balance transfer requested at new card application. Offer ends September 2014
  • Find out more about these offers at Rates.

Switches, upgrades, customers accessing employee benefits or packaged cards are ineligible for this offer. This offer is unavailable in conjunction with any other promotional online offer.

 

Our Low Rate card has a lower variable purchase rate

Standard variable rate:

  • on purchases - 13.49% p.a.
  • on cash advances - 21.49% p.a.


More about our Low Rate credit card

  •  

    Apply now

    Get a response in 60 seconds

    Apply online

Features

Interest free days

  • Up to 55 days interest free on purchases - just pay the full closing balance by the statement due date each month.

Low annual fee

  • $45 

Additional cardholder

  • Add one additional cardholder (16 years or older) at no extra cost
  • The account holder (primary cardholder) is liable for all transactions on these cards and their own card.

Contactless technology

For a fast and convenient payment option for purchases under $100 - simply hold your Visa Card against the Visa payWave or PayPass™ terminal wherever you see the contactless symbol - no need to enter a PIN or sign.

Now you can use your Samsung Galaxy S4 or S5 smartphone to make everyday purchases. Simply download the Westpac Mobile Banking app and choose which cards you wish to use for mobile payments. To make a payment simply hold the back of your Samsung Galaxy S4 or S5 smartphone against the contactless terminal.

Card security

As well as an embedded microchip, take advantage of additional security measures helping defend against fraudulent activity:

  • CardShield helps defend against frauduent activity
  • Increased credit card security where your card comes with an embedded microchip
  • Extra security when you shop at participating online retailers by registering with Verified by Visa through the Westpac Added Online Security service
  • Falcon® Fraud Protection 24/7.

All mobile payments are backed by our Fraud Money Back Guarantee. Plus, you can choose to enter your mobile banking password each time you make a purchase for added peace of mind or disable mobile payments in your phone’s NFC settings at any time.

Fraud Money Back Guarantee

Cardholders will be reimbursed for unauthorised transactions, provided the cardholder didn't contribute to the loss and notified Westpac promptly. Refer to the T&Cs for full details of when cardholders may be liable.

Westpac Fraud Money Back Guarantee ensures that any unauthorised transaction claims will be reimbursed provided that the cardholder has not contributed to the loss and contacted us promptly. Refer to the Consumer Credit Cards Conditions of Use for full details of when cardholders may be liable. Further information on resolving credit card transactional issues please go to what to do if there is a fraudulent transaction on your card.

For more information including Consumer Credit Cards Conditions of Use see Details.  

  •  

    Apply now

    Get a response in 60 seconds

    Apply online
Things you should know
  • Credit card repayment protection

    Optional credit card repayment protection  insurance helps cover your card repayment obligations if you lose your job, or are unfit for work due to sickness, injury, or disease.

    More on Credit Card Repayment Protection

    This insurance  is issued by Westpac General Insurance Limited ABN 99 003 719 319 (WGIL) and Westpac Life Insurance Services Limited ABN 31 003 149 157 (WLIS) each of which is liable for separate risks under the terms of the policy. This product is distributed by Westpac Banking Corporation ABN 33 007 457 141 (the Bank). The policy is not an investment in or deposit with the Bank. No Westpac Group company (other than the Bank as policy distributor and WGIL and WLIS as the product issuers) has any liability in connection with the policy or this document. The Bank does not guarantee payments under the policy. Read the Product Disclosure Statement (PDF 222kb)

Fees

Fees (these may change)Amount
Annual fee$45

Westpac foreign transaction fee 

The Westpac foreign transaction fee is payable as a percentage of the Australian dollar value of any foreign transaction. The percentage will vary depending on the applicable credit card scheme:

  • Visa: 3.0%

Cash advances/withdrawals fee

An administrative charge of 2% of the value of the transaction will apply to each cash advance made on your card account, where your account has a negative (debit) balance after the transaction has been posted to it. A minimum charge of $2.50 and a maximum charge of $150 will apply in these circumstances.

Where your account has a positive (credit) balance after the transaction has been posted to it, a charge of $2.50 will apply to the transaction.

These charges will appear on your credit card statement directly below the relevant cash advance.

Missed payment charge

A charge of $9 may be payable each statement cycle that the whole of the minimum monthly payment is not paid by the statement due date. If charged, the Missed Payment Charge will be debited to your account.

Over-limit fee

If your card account was opened before 4 June 2012, a fee of $9 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 limit at the commencement of a statement cycle.

Duplicate statement fee

$7.50 may be debited from your credit card account if you, or an additional cardholder, orders 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.

For more fee information see the Consumer Credit Cards Conditions of Use (PDF 258kb)

  •  

    Apply now

    Get a response in 60 seconds

    Apply online

Rates

TransactionInterest rates
Purchases13.49% p.a. (variable)
Cash advances 21.49% p.a. (variable)

Special promotion: 0.00% p.a. purchase rate for 12 months from card approval. Offer ends 30 September 2014.

0% p.a. for 12 months 

Special promotion: Balance transfers requested at new card application.Apply between 25 July 2014 and 30 September 2014. Switches, upgrades, customers accessing employee benefits or packaged cards are ineligible for these offers. These offers are unavailable in conjunction with any other promotional online offer. 1.99% p.a. for 12 months 

Special purchase rate promotional terms and conditions

  • This special promotion does not apply to customers who obtain new Low Rate credit card by switching or upgrading from an existing Westpac card, by accessing Westpac employee benefits, or as part of a package (including home loan packages)

  • After 12 months, the introductory purchase rate will switch to the variable purchase rate then applicable to your card account.

Special promotion balance transfer terms and conditions

  • The promotional rate applies to balance transfers (min $200) from non Westpac credit or charge cards requested at new card application
  • The promotional rate applies for 12 months from the date the transfer is made
  • The Consumer Credit Cards Conditions of Use explain how payments you make are applied to these transfers
  • Interest free days don't apply to balance transfers
  • Interest free days on purchases don't apply unless you pay the closing balance in full by the due date shown on your statement
  • The standard variable purchase rate applies to any amount of a promotional balance transfer unpaid after 14 months and to balance transfers requested at any time after card application
  • This special promotion is only available when you apply between 25 July 2014 - 30 September 2014.
  •  

    Apply now

    Get a response in 60 seconds

    Apply online

Details

Consumer Credit Cards - Conditions of Use (PDF 649kb)

Be credit savvy: Before applying, consider a realistic credit limit and check all conditions, interest rates, fees and charges on your selected card.

Credit card repayment protection

Optional credit card repayment protection insurance helps cover your card repayment obligations if you lose your job, or are unfit for work due to sickness, injury, or disease.

Credit Card Repayment Protection Product Disclosure Statement (PDF 222kb)

 This insurance is issued by Westpac General Insurance Limited ABN 99 003 719 319 (WGIL) and Westpac Life Insurance Services Limited ABN 31 003 149 157 (WLIS) each of which is liable for separate risks under the terms of the policy. This product is distributed by Westpac Banking Corporation ABN 33 007 457 141 (the Bank). The policy is not an investment in or deposit with the Bank. No Westpac Group company (other than the Bank as policy distributor and WGIL and WLIS as the product issuers) has any liability in connection with the policy or this document. The Bank does not guarantee payments under the policy.

  •  

    Apply now

    Get a response in 60 seconds

    Apply online