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Why take out a balance transfer?

Want to simplify your credit card repayments and save on interest? With a balance transfer to a Westpac credit card, you could:

  • Move your debt to one card and pay no interest for a set period of time on the balance transferred #
  • Reduce multiple repayments and card fees to one regular monthly repayment and set of fees
  • Use SmartPlan to plan your balance transfer repayments and keep your card's interest-free days, when you pay your closing statement balance (excluding the SmartPlan balance) and minimum monthly SmartPlan repayment. 1

Westpac Low Rate Card

An everyday low rate credit card with a low annual card fee of $59.

Westpac 55 Day low annual fee credit card


Special balance transfer offer

Pay no interest for 18 months on balance transfers requested at card application. No balance transfer fee. After 18 months the rate switches to the variable cash advance rate.#

Things you should know

Consumer Credit Cards - Conditions of Use (PDF 288KB)

Credit criteria, fees and charges apply. Offers are not available in conjunction with any special offers that are not listed on Switches, upgrades or Westpac group staff are ineligible on Westpac issued cards. Offer may be withdrawn or extended at any time. Terms and conditions available on request.

Be credit savvy: Before applying, consider a realistic credit limit and check all conditions, interest rates, fees and charges on your selected card.

#Balance transfer promotion: This offer is available when you apply for a new Low Rate credit card between 3rd April 2019 and midnight 31st July 2019, and request at card application to transfer balance(s) from up to 3 non-Westpac Australian issued credit, charge or store cards. A balance transfer fee of 0% applies to the transferred balance(s).  The promotional rate will apply to balance(s) transferred (min $200 up to 80% of your approved available credit limit) for the promotional period. Activating your card triggers the processing of the balance transfer. The applicable variable cash advance rate will apply to any unpaid balance transfer amount remaining at the end of the promotional period. Westpac will not be responsible for any delays that may occur in processing payment to your other card account(s) and will not close the account(s). Interest free days do not apply to credit cards with balance transfers.

1 SmartPlan Disclaimer: SmartPlan requires monthly payments to be made for the term calculated and at the applicable interest rate when the SmartPlan is entered into. All payments made to your account will be applied first to any SmartPlan instalments, so debts accruing a higher interest rate may be left unpaid during the SmartPlan term. Your balance transfer must have a maximum of 36 months and a remaining term of at least 3 months to be eligible for a SmartPlan. See SmartPlan for more details. SmartPlan cancellation takes up to 2 Business Days. Any SmartPlan Remaining Balance will revert to the variable interest rate for your balance type or special offer rate as applicable.  

Discounted rates may not apply to cards with existing promotional rates. Discounted rates will not apply to Westpac Lite Mastercard. Establishment fees apply on a Large Purchase SmartPlan.

Westpac is the credit provider and credit licensee under National Consumer Credit Laws.

Mastercard® is a registered trademark, and the circles design and Tap & go are trademarks of Mastercard International Incorporated.