Low Rate credit card

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

0% p.a. for 16 months on balance transfers.
  •  

    Westpac customers

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

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  • New customers

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Essentials

  • 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 only $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.

Special promotions

  • 0.00% p.a. for 16 months on balance transfers requested at card application. New cards only. Offer ends 30 September 2015. Find out more at Rates.
  • 0% p.a. purchase rate for 3 months from card approval. New cards only. Offer ends 30 September 2015. 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. New cards only. Offer ends 30 September 2015. See 'Things you should know' section below for this promotion's terms and conditions.

Switches, upgrades, customers accessing employee benefits or packaged cards are ineligible for these promotions.

Our Low Rate card has a low variable purchase rate

Standard variable rates:

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

  • ^$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 September 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.

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 30 September 2015.

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 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 frauldulent 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.  

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    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.

  • ^$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 September 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.

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 30 September 2015. See 'Things you should know' section below for this promotion's terms and conditions.

Westpac foreign transaction fee 

A 3% fee is payable on the Australian dollar value of any foreign transaction. 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)

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    Find the best credit card for your needs

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  •  

    Give us a call

    1300 130 961 

    8am-8pm, 7 days a week

Things you should know
  • ^$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 September 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.

Rates

Transaction Interest rates
Purchases 13.49% p.a. (variable)
Special purchase rate promotion:
See terms and conditions below.
0% p.a. for 3 months from card approval
Cash advances 21.49% p.a. (variable)
Special balance transfer promotion:
See terms and conditions below.
0.00% p.a. for 16 months

Special purchase rate promotion terms and conditions

  • New cards only. Apply between 20 April 2015 - 30 September 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 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.

Special balance transfer promotion terms and conditions

  • The promotional balance transfer rate is available when you apply for a new card between 20 April 2015 - 30 September 2015 and request at application to transfer balance(s) from up to 3 non-Westpac Australian issued credit, charge or store cards.
  • The variable cash advance rate will apply to balance(s) transferred but left unpaid at the end of the promotional period and to balance transfers requested at any time after card application.
  • Switches, upgrades, customers accessing employee benefits or packaged cards are ineligible
  • The balance transfer rate is not available in conjunction with any promotion other than the special purchase rate promotion
  • Balance transfer rate will apply to any 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(s) transferred
  • Interest free days don’t apply to balance transfers
  • 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).
  •  

    Compare credit cards

    Find the best credit card for your needs

    Compare
  •  

    Give us a call

    1300 130 961 

    8am-8pm, 7 days a week

Things you should know
  • ^$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 September 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.

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.

  •  

    Compare credit cards

    Find the best credit card for your needs

    Compare
  •  

    Give us a call

    1300 130 961 

    8am-8pm, 7 days a week

Things you should know
  • ^$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 September 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.