Low Rate credit card

Our Low Rate credit card provides a low interest purchase rate plus a low annual fee to help trim your credit card costs.

 

0% for 18 months on balance transfers. Conditions apply.
  •  

    Westpac customers

    Apply online in 10 minutes.
    Get a response in 60 seconds.

    $0 annual fee for the first year. New cards only. ^See conditions in the 'Things you should know' section below.

    Apply now
  • New customers

    Apply online in 10 minutes.
    Get a response in 60 seconds.

    Apply now

Essentials

Special promotions

  • 0.00% p.a. for 18 months on balance transfers requested at card application. Rate then switches to standard variable purchase rate. Offer ends 6 July 2016. Find out more at Rates.
  • Pay 0.99% p.a. on purchases for up to 4 months from the date of first purchase until the date that is 4 months from card approval. Offer ends 6 July 2016. Find out more at Rates.
  • $0 annual fee in the first year for existing Westpac customers who apply via westpac.com.au and click on the Westpac customers 'Apply now’ button. See 'Things you should know' section below for this promotion's terms and conditions.

All special promotions are for new cards only and are valid until 6 July 2016. Switches, upgrades, customers accessing employee benefits or packaged cards are ineligible for these promotions.  

 

Standard low variable purchase rate

On purchases On cash advances
13.49% p.a. 21.49% p.a.

 

Interest free days and more

  • Pay for everyday purchases under $100 with the ease and convenience of contactless technology
  • Westpac Mobile Banking for on-the-go service on your smartphone
  • An annual fee of $59
  • Up to 55 days interest free on purchases - just pay the closing balance (including any balance transfer amount) by the statement due date each month.

 

  •  

    Westpac customers

    Apply online in 10 minutes.
    Get a response in 60 seconds.

    $0 annual fee for the first year. New and selected cards only. ^See conditions below.

    Apply now
  •  

    New customers

    Apply online in 10 minutes.
    Get a response in 60 seconds.

    Apply now
  •  

    Give us a call

    1300 130 961 

    8am-8pm, 7 days a week

Things you should know
  • Mobile Banking access is subject to availability and maintenance. There are no additional charges for accessing your Westpac accounts using your mobile, however your account and Online Banking fees and charges still apply. Internet data charges and call to us charges may be incurred through your mobile service provider - check with your Internet Service Provider or your mobile phone service provider for more details. Internet connection is required when using Westpac Mobile Banking. Before using Westpac Mobile Banking, you should read the terms and conditions available at request. The iPhone and Android Mobile Banking applications are only available for use by Westpac Australia customers.

  • Offers are not available in conjunction with any special offers that are not listed on www.westpac.com.au. Switches, upgrades, customers accessing employee benefits or packaged cards are ineligible.

  • ^$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 12 April 2016 and 6 July 2016. Switches, upgrades, customers accessing employee benefits or packages cards are ineligible. 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.

  • Purchase rate promotion: The introductory rate of 0.99% p.a. on purchases is available when you apply for a new Low Rate, Altitude or Altitude Black credit card between 12 April 2016 and 6 July 2016. The introductory rate will be applied from the date of the first purchase on your account and expires 4 months after the date of card approval for the Low Rate card; or 3 months after the date of card approval for Altitude and Altitude Black cards. At the end of this period the introductory purchase rate will switch to the variable purchase rate then applicable to your card account and any purchases that remain unpaid at that time will revert to the standard variable purchase rate then applicable to your card account.
  • Balance transfer promotion: The promotional balance transfer rate is available when you apply for a new Westpac credit card between 12 April 2016 and 6 July 2016 and request at application to transfer balance(s) from up to 3 non-Westpac Australian issued credit, charge or store cards. The rates 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 purchase 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 purchase interest rate applies to balance transfers requested at any other time. Interest free days don’t apply to balance transfers.

Features

Interest free days

Up to 55 days interest free on purchases - just pay the closing balance (including any balance transfer amount) by the statement due date each month.

Low annual fee

$59

  • Special promotion: The $0 annual fee in the first year is for existing Westpac customers who apply via westpac.com.au and click on the ‘Westpac customers apply now’ button. New cards only. Offer ends 6 July 2016.

Additional cardholder

  • Add one additional cardholder (16 years or older) at no extra cost
  • The account holder (primary cardholder) is liable for all transactions made on the primary card as well as the transactions made on any additional cards associated with the account.

Contactless technology

For a fast and convenient payment option for purchases under $100 - simply hold your contactless card against the terminal wherever you see the contactless symbol or your card logo - no need to enter a PIN or sign (where available).

Now you can use your Samsung Galaxy S5, S4 or Note 3 (N9005) smartphone to tap and pay for everyday purchases. Simply download the Westpac Mobile Banking app and choose which debit or credit cards you wish to use for mobile payments. To make a payment simply hold the back of your Samsung Galaxy S5, S4 or Note 3 (N9005) 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 fraudulent activity
  • Increased credit card security where your card comes with an embedded microchip
  • Extra security when you shop at participating online retailers with Verified by Visa, 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.  

  •  

    Westpac customers

    Apply online in 10 minutes.
    Get a response in 60 seconds.

    $0 annual fee for the first year. New and selected cards only. ^See conditions below.

    Apply now
  •  

    New customers

    Apply online in 10 minutes.
    Get a response in 60 seconds.

    Apply now
  •  

    Give us a call

    1300 130 961 

    8am-8pm, 7 days a week

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)

  • Mobile Banking access is subject to availability and maintenance. There are no additional charges for accessing your Westpac accounts using your mobile, however your account and Online Banking fees and charges still apply. Internet data charges and call to us charges may be incurred through your mobile service provider - check with your Internet Service Provider or your mobile phone service provider for more details. Internet connection is required when using Westpac Mobile Banking. Before using Westpac Mobile Banking, you should read the terms and conditions available at request. The iPhone and Android Mobile Banking applications are only available for use by Westpac Australia customers.

  • Offers are not available in conjunction with any special offers that are not listed on www.westpac.com.au. Switches, upgrades, customers accessing employee benefits or packaged cards are ineligible.

  • ^$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 12 April 2016 and 6 July 2016. Switches, upgrades, customers accessing employee benefits or packages cards are ineligible. 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.

  • Purchase rate promotion: The introductory rate of 0.99% p.a. on purchases is available when you apply for a new Low Rate, Altitude or Altitude Black credit card between 12 April 2016 and 6 July 2016. The introductory rate will be applied from the date of the first purchase on your account and expires 4 months after the date of card approval for the Low Rate card; or 3 months after the date of card approval for Altitude and Altitude Black cards. At the end of this period the introductory purchase rate will switch to the variable purchase rate then applicable to your card account and any purchases that remain unpaid at that time will revert to the standard variable purchase rate then applicable to your card account.
  • Balance transfer promotion: The promotional balance transfer rate is available when you apply for a new Westpac credit card between 12 April 2016 and 6 July 2016 and request at application to transfer balance(s) from up to 3 non-Westpac Australian issued credit, charge or store cards. The rates 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 purchase 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 purchase interest rate applies to balance transfers requested at any other time. Interest free days don’t apply to balance transfers.

Fees

Fees (these may change) Amount
Annual fee

$59

  • Special promotion of the $0 annual fee in the first year is for existing Westpac customers who apply via westpac.com.au and click on the Westpac customers 'Apply now’ button. New cards only. Offer ends 6 July 2016. See 'Things you should know' section below for this promotion's terms and conditions.

Foreign transaction fee 

A 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:

  1. Transactions in foreign currency
    • Visa: 3.0%
  2. Transactions in Australian dollars and the merchant or financial institution accepting the card is located overseas:
    • Visa: 3.0%

Note: It may not always be clear to you that the Merchant or entity processing the transaction is located outside Australia. More about this fee.

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)

  •  

    Westpac customers

    Apply online in 10 minutes.
    Get a response in 60 seconds.

    $0 annual fee for the first year. New and selected cards only. ^See conditions below.

    Apply now
  •  

    New customers

    Apply online in 10 minutes.
    Get a response in 60 seconds.

    Apply now
  •  

    Give us a call

    1300 130 961 

    8am-8pm, 7 days a week

Things you should know
  • Offers are not available in conjunction with any special offers that are not listed on www.westpac.com.au. Switches, upgrades, customers accessing employee benefits or packaged cards are ineligible.

  • ^$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 12 April 2016 and 6 July 2016. Switches, upgrades, customers accessing employee benefits or packages cards are ineligible. 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.

  • Purchase rate promotion: The introductory rate of 0.99% p.a. on purchases is available when you apply for a new Low Rate, Altitude or Altitude Black credit card between 12 April 2016 and 6 July 2016. The introductory rate will be applied from the date of the first purchase on your account and expires 4 months after the date of card approval for the Low Rate card; or 3 months after the date of card approval for Altitude and Altitude Black cards. At the end of this period the introductory purchase rate will switch to the variable purchase rate then applicable to your card account and any purchases that remain unpaid at that time will revert to the standard variable purchase rate then applicable to your card account.
  • Balance transfer promotion: The promotional balance transfer rate is available when you apply for a new Westpac credit card between 12 April 2016 and 6 July 2016 and request at application to transfer balance(s) from up to 3 non-Westpac Australian issued credit, charge or store cards. The rates 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 purchase 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 purchase interest rate applies to balance transfers requested at any other time. Interest free days don’t apply to balance transfers.

Rates

Transaction Interest rates
Purchases 13.49% p.a. (variable)
Cash advances 21.49% p.a. (variable)

Special purchase rate promotion:
See 'Things you should know' below for terms and conditions.

0.99% p.a. on purchases for up to 4 months
Special balance transfer promotion:
See terms and conditions below.
0.00% p.a. for 18 months

Balance transfer promotion: The promotional balance transfer rate is available when you apply for a new Westpac credit card between 12 April 2016 and 6 July 2016 and request at application to transfer balance(s) from up to 3 non-Westpac Australian issued credit, charge or store cards. The rates 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 purchase 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 purchase interest rate applies to balance transfers requested at any other time. Interest free days don’t apply to balance transfers.

Purchase rate promotion: The introductory rate of 0.99% p.a. on purchases is available when you apply for a new Low Rate, Altitude or Altitude Black credit card between 12 April 2016 and 6 July 2016. The introductory rate will be applied from the date of the first purchase on your account and expires 4 months after the date of card approval for the Low Rate card; or 3 months after the date of card approval for Altitude and Altitude Black cards. At the end of this period the introductory purchase rate will switch to the variable purchase rate then applicable to your card account and any purchases that remain unpaid at that time will revert to the standard variable purchase rate then applicable to your card account.

  •  

    Westpac customers

    Apply online in 10 minutes.
    Get a response in 60 seconds.

    $0 annual fee for the first year. New and selected cards only. ^See conditions below.

    Apply now
  •  

    New customers

    Apply online in 10 minutes.
    Get a response in 60 seconds.

    Apply now
  •  

    Give us a call

    1300 130 961 

    8am-8pm, 7 days a week

Things you should know
  • Offers are not available in conjunction with any special offers that are not listed on www.westpac.com.au. Switches, upgrades, customers accessing employee benefits or packaged cards are ineligible.

  • ^$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 12 April 2016 and 6 July 2016. Switches, upgrades, customers accessing employee benefits or packages cards are ineligible. 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.

  • Purchase rate promotion: The introductory rate of 0.99% p.a. on purchases is available when you apply for a new Low Rate, Altitude or Altitude Black credit card between 12 April 2016 and 6 July 2016. The introductory rate will be applied from the date of the first purchase on your account and expires 4 months after the date of card approval for the Low Rate card; or 3 months after the date of card approval for Altitude and Altitude Black cards. At the end of this period the introductory purchase rate will switch to the variable purchase rate then applicable to your card account and any purchases that remain unpaid at that time will revert to the standard variable purchase rate then applicable to your card account.
  • Balance transfer promotion: The promotional balance transfer rate is available when you apply for a new Westpac credit card between 12 April 2016 and 6 July 2016 and request at application to transfer balance(s) from up to 3 non-Westpac Australian issued credit, charge or store cards. The rates 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 purchase 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 purchase interest rate applies to balance transfers requested at any other time. Interest free days don’t apply to balance transfers.

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.

  •  

    Westpac customers

    Apply online in 10 minutes.
    Get a response in 60 seconds.

    $0 annual fee for the first year. New and selected cards only. ^See conditions below.

    Apply now
  •  

    New customers

    Apply online in 10 minutes.
    Get a response in 60 seconds.

    Apply now
  •  

    Give us a call

    1300 130 961 

    8am-8pm, 7 days a week

Things you should know
  • Offers are not available in conjunction with any special offers that are not listed on www.westpac.com.au. Switches, upgrades, customers accessing employee benefits or packaged cards are ineligible.

  • ^$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 12 April 2016 and 6 July 2016. Switches, upgrades, customers accessing employee benefits or packages cards are ineligible. 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.

  • Purchase rate promotion: The introductory rate of 0.99% p.a. on purchases is available when you apply for a new Low Rate, Altitude or Altitude Black credit card between 12 April 2016 and 6 July 2016. The introductory rate will be applied from the date of the first purchase on your account and expires 4 months after the date of card approval for the Low Rate card; or 3 months after the date of card approval for Altitude and Altitude Black cards. At the end of this period the introductory purchase rate will switch to the variable purchase rate then applicable to your card account and any purchases that remain unpaid at that time will revert to the standard variable purchase rate then applicable to your card account.
  • Balance transfer promotion: The promotional balance transfer rate is available when you apply for a new Westpac credit card between 12 April 2016 and 6 July 2016 and request at application to transfer balance(s) from up to 3 non-Westpac Australian issued credit, charge or store cards. The rates 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 purchase 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 purchase interest rate applies to balance transfers requested at any other time. Interest free days don’t apply to balance transfers.