55 Day Visa® Card or MasterCard®
Essentials
- For a limited time, pay 1.99% p.a. for up to 9 months on balance transfers2
- 0% p.a. on purchases for the first 5 months from when your account is opened 1
- Low annual fee: $30 (waived for the first year)
- Annual fee waived in subsequent years when you spend $10,000 or more on purchases in the previous year using your card
- Up to 55 interest free days on purchases as long as you pay your closing balance (including any promotional amount) in full by the statement due date each month 3
- Interest rates (variable): 18.84% p.a. on purchases; 20.74% p.a. on cash advances
- Paperless eStatements available.
Things you should know
- 1.The introductory rate of 0% p.a. on purchases for the first 5 months is only applicable on credit purchases made using your 55 Day card within 5 months from the date your account is opened. After that 5 month period, the introductory purchase interest rate of 0% p.a. will switch to the standard purchase interest rate, (currently 18.84% p.a. and subject to change) then applicable to your product. The introductory rate is applicable to credit purchases only and excludes cash advances and balance transfers. Promotion is only available for a limited time and excludes customers who obtain a 55 Day card as part of a Westpac package; or who switch from an existing Westpac card. The introductory rate on purchases is not available in conjunction with any promotion other than a special balance transfer promotion available at card application.
- 2.This special rate is only available to customers who are applying for a new 55 Day card and request to transfer the balance(s) from a non-Westpac credit card(s), charge card(s) or store card(s). This promotion is only available at point of application. Subsequent balance transfers will be charged at the standard purchase interest rate (currently 18.84% p.a. and variable) and will be treated as purchases with no interest free days applying to them. Payments made to your credit card account are first applied to any amounts transferred from other credit cards, charge cards or store cards under this promotion, before they are applied to any other purchase or cash advance amount. This means that the portion of your outstanding account balance that is subject to a lower interest rate will be paid off first. You will not gain the benefit of the interest free period on credit purchases until the full balance (including any balance transfer and any other promotional amount) is paid by the statement due date each month. After 9 months the balance transfer rate will switch back to your credit card's standard variable interest rate for purchases then applicable to your card account. Each balance transfer must be a minimum of $200.
- 3.Interest on cash advances is calculated from the date the transaction is debited to your card account.
- MasterCard ® and the MasterCard Brand Mark are registered trademarks of MasterCard International Incorporated.
- Visa is a registered trademark of Visa Worldwide PTe Limited.
Features
- Pay no interest on purchases for the first 5 months 1
- 1.99% p.a. on balance transfers for up to 9 months 2
- Up to 55 interest free days on purchases as long as you pay your closing balance (including any promotional amount) in full by the statement due date each month 3
- No annual fee for the first year
- Annual fee waived in subsequent years when you spend $10,000 or more on purchases in the previous year using your card
- Accepted at over 28 million locations worldwide
- Optional credit card repayment protection
- Choose either Visa ® card or a MasterCard ®
- Link your 55 Day card to your Westpac transaction or savings account, to better manage all your finances
- Protected by Cardshield™
- Get extra security when you shop at participating online retailers by registering with MasterCard ® SecureCode™, or Verified by Visa ®, through Westpac Added Online Security service.
Things you should know
- 1.The introductory rate of 0% p.a. on purchases for the first 5 months is only applicable on credit purchases made using your 55 Day card within 5 months from the date your account is opened. After that 5 month period, the introductory purchase interest rate of 0% p.a. will switch to the standard purchase interest rate, (currently 18.84% p.a. and subject to change) then applicable to your product. The introductory rate is applicable to credit purchases only and excludes cash advances and balance transfers. Promotion is only available for a limited time and excludes customers who obtain a 55 Day card as part of a Westpac package; or who switch from an existing Westpac card. The introductory rate on purchases is not available in conjunction with any promotion other than a special balance transfer promotion available at card application.
- 2.This special rate is only available to customers who are applying for a new 55 Day card and request to transfer the balance(s) from a non-Westpac credit card(s), charge card(s) or store card(s). This promotion is only available at point of application. Subsequent balance transfers will be charged at the standard purchase interest rate (currently 18.84% p.a. and variable) and will be treated as purchases with no interest free days applying to them. Payments made to your credit card account are first applied to any amounts transferred from other credit cards, charge cards or store cards under this promotion, before they are applied to any other purchase or cash advance amount. This means that the portion of your outstanding account balance that is subject to a lower interest rate will be paid off first. You will not gain the benefit of the interest free period on credit purchases until the full balance (including any balance transfer and any other promotional amount) is paid by the statement due date each month. After 9 months the balance transfer rate will switch back to your credit card's standard variable interest rate for purchases then applicable to your card account. Each balance transfer must be a minimum of $200.
- 3.Interest on cash advances is calculated from the date the transaction is debited to your card account.
- MasterCard ® and the MasterCard Brand Mark are registered trademarks of MasterCard International Incorporated.
- Visa is a registered trademark of Visa Worldwide PTe Limited.
Fees
| Fee* | Amount |
|---|---|
| Annual card fee |
$30. Waived for the first year. |
|
Westpac Foreign Transaction Fee |
The Westpac Foreign Transaction Fee may be payable. This fee is the sum of the Westpac Processing Fee and the Westpac On-Charged Scheme Fee. |
| Westpac Processing Fee | A fee of 2.0% of the value of any purchase or Cash Advance/withdrawal transaction made in a foreign currency, following conversion into Australian dollars by the applicable Credit Card scheme, is payable. This fee will be incorporated into the Australian currency equivalent of the transaction shown on your statement. |
| Westpac On-Charged Scheme Fee |
The Credit Card schemes also charge fees when processing Credit Card transactions made in foreign currencies. The fees are either charged during the process of converting the foreign currency amount into Australian dollars, or are charged separately to Westpac and passed on to you by us. The fees vary depending on the applicable Credit Card scheme:
|
| Cash advances/Withdrawal fee |
An administrative charge of 2% of the value of the transaction will apply to each cash advance made on your card account:
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 |
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 |
A fee of $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. |
| eStatements | NIL |
| Other fees and charges | Download the Consumer Credit Card Conditions of Use (PDF 225kb). |
*Fees are subject to change
Things you should know
- 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.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.
- 3.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.
-
To view PDF files you need Adobe Acrobat Reader. Use Adobe's online PDF conversion tools to convert to another format. - MasterCard ® and the MasterCard Brand Mark are registered trademarks of MasterCard International Incorporated.
- Visa is a registered trademark of Visa Worldwide PTe Limited.
Rates
| Interest rates | |
|---|---|
| Purchases | 18.84% p.a. (variable) |
| Cash advances | 20.74% p.a. (variable) |
| Balance transfers (requested at new card application) 1 | 1.99% p.a. for up to 9 months 1 |
View the 55 Day Visa ® or MasterCard ® essentials
Things you should know
- 1. This special rate is only available to customers who are applying for a new 55 Day card and request to transfer the balance(s) from a non-Westpac credit card(s), charge card(s) or store card(s). This promotion is only available at point of application. Subsequent balance transfers will be charged at the standard purchase interest rate (currently 18.84% p.a. and variable) and will be treated as purchases with no interest free days applying to them. Payments made to your credit card account are first applied to any amounts transferred from other credit cards, charge cards or store cards under this promotion, before they are applied to any other purchase or cash advance amount. This means that the portion of your outstanding account balance that is subject to a lower interest rate will be paid off first. You will not gain the benefit of the interest free period on credit purchases until the full balance (including any balance transfer and any other promotional amount) is paid by the statement due date each month. After 9 months the balance transfer rate will switch back to your credit card's standard variable interest rate for purchases then applicable to your card account. Each balance transfer must be a minimum of $200.
- MasterCard ® and the MasterCard Brand Mark are registered trademarks of MasterCard International Incorporated.
- Visa is a registered trademark of Visa Worldwide PTe Limited.
