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No Annual Fee MasterCard® (No longer available)

Latest Information

Looking to apply for a new No Annual Fee MasterCard® ?

Our No Annual Fee MasterCard® is no longer available.  See our full range of available credit cards.

No Annual Fee MasterCard® holders

If you currently have a No Annual Fee MasterCard® nothing has changed. Existing benefits, features, fees and the conditions that apply are outlined below.

Essentials

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Fees

Fee* Amount

Annual card

$0

Westpac Foreign Transaction

The sum of the Westpac Processing Fee and the Westpac On-Charged Scheme Fee.

Westpac Processing 2.0% of any purchase or cash advance/withdrawal transaction made in a foreign currency, following conversion into Australian dollars by the applicable credit card scheme. This fee will be incorporated into the Australian currency equivalent of the transaction shown on your statement.
Westpac On-Charged Scheme

Credit card schemes also charge fees when processing foreign currency transactions. Fees are either charged when converting foreign currency into Australian dollars, or charged separately to Westpac and passed on to you by us. Fees vary depending on the applicable credit card scheme:

  • MasterCard® Issuer Cross Border Assessment 1 - 0.8%
  • MasterCard® Currency Conversion Assessment 2 - 0.2%

Cash advances/ withdrawal

An administrative charge of 2% of the transaction amount applies:

  • Where your account has a negative (debit) balance after the transaction, a minimum of $2.50 and a maximum charge of $150 will apply.
  • Where your account has a positive (credit) balance after the transaction a charge of $2.50 will apply.

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

Missed payment charge

$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

$9 may be debited from your 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

$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 charges Download the Consumer Credit Card - Conditions of Use (PDF 232kb).

*Fees are subject to change

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Consumer Credit Card - Conditions of Use (PDF 229kb)

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.
  • 1. 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.
  • 2. 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.
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  • MasterCard® and the MasterCard Brand Mark are registered trademarks of MasterCard International Incorporated.