What is a credit card balance transfer?

Benefits of a credit card balance transfer

How a Westpac balance transfer works

With a Westpac credit card balance transfer, you can:

• Consolidate up to 3 non-Westpac Australian credit, charge or store cards.
• Transfer up to 80% of the credit limit available on the Westpac card you’re transferring to (minimum transfer of $200).

Get started

Step 1:

Gather your details - Have your existing credit card details and the amount to transfer handy.

Step 2:

Apply online - Include the details in your application for a Westpac balance transfer credit card.

Step 3:

Activate your card - Any approved balance transfers will occur once your card is activated.

Key points

• Westpac will not cancel your other cards. If your aim is to pay down your balances, it may be helpful to cancel your old cards once the balance transfer is complete so you don't use them to accrue more debt.
• A minimum payment is required each month.
• When the balance transfer period ends, the cash advance rate will apply to any outstanding balance transfer amount.
• Refer to the interest rates, fees and other information that apply to the Westpac balance transfer credit card you choose.

Learn more about doing a balance transfer to a Westpac credit card.