Low Rate Card | Westpac

Choose from 2 offers

Westpac Low Rate card

Our Low Rate Card provides a lower interest rate on purchases, plus a lower monthly card fee to help reduce your credit card costs.

grey

gift

Up to $450 cashback^[#] or 0% p.a. for 20 months on balance transfers^[#]

_{See full offer details below.}

stars

Already a Westpac Customer? We'll waive your first year's card fee^[#]

dollar-sign

$7 monthly card fee

percent

13.74% p.a. variable purchase rate

Choose from 2 offers

Please select one

Cashback offer

Earn up to $450 cashback on your new credit card

$75 cashback for each month you spend $1k or more on eligible purchases^[#] in the first 6 months from card approval.^[#]

Already a Westpac customer? We’ll waive your first year’s card fee.^[#]

_{Offer not available if you’ve held a Westpac credit card in the last 24 months. New cards only. Credit criteria and T&Cs apply.}

Apply now

true

Not yet with us

/content/westpac/au/credit-cards/low-rate-cards/low-rate/cashback-summary.html?promoCode=WAJCB&pid=dpconcccta1

[BVAR#wdp-domain]/origin/etb0/content/secure-pers/credit-cards/low-rate/low-rate-card/cashback-summary?promoCode=WAKCB

true

Balance transfer offer

Request a 0% p.a. for 20 months balance transfer

For balance transfers requested at card application.^[#] 3% balance transfer fee applies. After 20 months, the rate reverts to the variable cash advance rate.

Already a Westpac customer? We’ll waive your first year’s card fee.^[#]

_{Offer not available if you’ve held a Westpac credit card in the last 24 months. New cards only. Credit criteria and T&Cs apply.}

Apply now

true

Not yet with us

/content/westpac/au/credit-cards/low-rate-cards/low-rate/summary?pid=dpconcccta2

[BVAR#wdp-domain]/origin/etb0/content/secure-pers/credit-cards/low-rate/low-rate-card/summary

true

style

layout-6-6

leftColumnCount

false

style

layout-6-6

leftColumnCount

white

calendar

Up to 55 days interest-free - More opportunity to avoid interest charges on your purchases^[#]

money-bag

Cashback and discounts - With a Westpac credit card, you'll get personalised cashback offers from Westpac Extras, Westpac bonus Cashback when you shop via the Westpac Lounge on ShopBack, plus other discounts and offers from a wide range of shops, in-store and online.

arrow-fork

Split your purchases - Split your purchases over $100 into 4 payments over 6 weeks with the PartPay feature on your credit card.

security

We got your back - Use the Dynamic CVC on your digital card. The 3-digit number changes every 24 hours for added fraud protection.

label

Features

New cards only.
Variable purchase rate	13.74% p.a.
Variable cash advance rate	21.99% p.a.
Minimum credit limit	$500
Minimum income required	$30,000 p.a.

label

Rates and minimum requirements

New cards only.
Monthly card fee	$7
Foreign transaction fee	3% Payable as a percentage of the Australian dollar value of any foreign transaction. Applies for transactions in a foreign currency, or in Australian dollars but processed by an overseas merchant or financial institution. Note: It may not always be clear to you that the Merchant or entity processing the transaction is located outside Australia. More about this fee.
Cash advance fee	3.5% 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 fee	$20 each statement cycle that the minimum monthly payment is not paid by the statement due date.
Non-Westpac Group ATM fee	Using your card in a non-Westpac Group or Westpac Group partner ATM may result in a charge to you. Use any Westpac, St.George, BankSA, or Bank of Melbourne, or select Westpac Group partner ATM to avoid paying an ATM operator fee. Find a Westpac Group ATM.
Credit card surcharge	Some merchants may apply a surcharge for credit card payments (usually a percentage of the purchase). If you're unsure, check with the merchant before paying.

For more information about credit card fees.

label

Fees

person-duo

You must be

Aged 18 or over AND
Live at a fixed Australian address AND
Receive a regular and verifiable Australian taxable income AND

Meet one of the following requirements

An Australian or New Zealand citizen OR
An Australian permanent resident OR
Hold a valid temporary residence visa, with a minimum of 1 year before expiry

See eligible Australian visa

generic-document-duo

You'll need to provide

Proof of income
Current debts and expenses

drivers-licence-duo

Two of these ID documents

Passport
Australian drivers' license
Medicare card
Australian birth certificate

label

What you'll need to apply

What is a low-rate credit card?

Low-rate credit cards generally have a low ongoing interest rate charged on purchases, known as the ‘purchase rate’. Note there’s also a separate ‘cash advance rate’ (for withdrawing cash from an ATM), which is likely to be higher.

How can I compare low-rate credit cards?

When you're comparing low-interest-rate credit cards, think about how you'd use the card to decide what's important to you. Consider the key factors, such as purchase rate, cash advance rate (for drawing cash directly), card fee, and the number of interest-free days. Also, you may want to consider special offers and tools (such as Westpac's PartPay or SmartPlan ^[#] that could help with money management.

Can I add an additional cardholder?

Yes. You can add one additional cardholder (aged 16 or over) at no extra cost.^[#] The primary cardholder remains responsible for all transactions made on the account.

How does a SmartPlan repayment plan work?

SmartPlan helps you stay on top of large purchases and balances by breaking them down into regular installments.^[#]

Credit card balance SmartPlan

Turn any of your outstanding purchase, cash advance or promotional plan (e.g. balance transfer) balances of $200 or more into a SmartPlan. The purchase balance SmartPlan type is currently available at a lower interest rate.^[#]

Large purchase SmartPlan

Create a large purchase SmartPlan to help you pay off an individual ‘big ticket’ item of $200 or more that you’ve bought on your card in the last 30 days – think purchases such as a flight, hotel bill or even a new fridge. Large purchase SmartPlans are currently available at a lower interest rate.1 To ensure that your credit card balance does not exceed the credit limit, please consider the amount of the establishment fee indicated when you set up a plan.

How does Westpac protect me from fraud?

The security of your card and information is extremely important to us. We have a range of security measures in place to ensure that your account is protected, including online. Westpac Added Online Security provides extra peace of mind when shopping online at participating retailers.

We also have your back if something does go wrong. Our Fraud Money Back Guarantee ensures that customers will be reimbursed for any unauthorised transactions provided that the customer has not contributed to the loss and contacted Westpac promptly.

Do I need to wait for my physical card to start spending?

No, on top of Apple Pay, Samsung Pay^TM and Google Pay^TM, you can activate and instantly use your Digital Card in the Westpac App from the moment your account is opened.

label

Frequently asked questions