Credit card repayment protection
This is an optional insurance that covers your Westpac credit card payments when you cannot. For example:
- When you are unfit for work due to sickness, injury or disease
- If you are retrenched, sacked or if you die.
Are you eligible?
To apply you must be:
- At least 18 and no more than 65 years old
- Performing paid work or services for at least 15 hours per week.
The cost of the insurance depends on the card balance
The premium is charged at 52 cents per month for every $100 of the balance owing on your credit card.
Is this insurance right for me?
The Product Disclosure Statement (PDF 220kb) and Financial Services Guide (PDF 85kb) will give you more information to help you decide if you want to take up this product. We recommend that you read the PDS and FSG and either print or save copies of them for your records.
Apply now for Credit Card Repayment Protection.
Things you should know
- Important: If you are applying for a selected credit card at the same time or after your Premier Advantage Package is set up, or if you are switching or upgrading from an existing Westpac credit card, or if you are accessing employee benefits, you are not eligible for any special promotional offers (such as any promotional balance transfer rate) available at point of application. Please check the details at card application. Fees and charges are payable. Credit card applications are subject to Westpac's normal lending criteria. An additional credit card can be issued on the primary cardholder’s credit card account to any nominated person 16 years or over. All transactions using the additional credit card will be the responsibility of the primary cardholder. Information about a third party’s products or services is provided for convenience only and does not represent an endorsement by Westpac of the products and services.
