Key facts about these credit cards

Current as at: 28th November 2018

This information sheet is an Australian Government requirement under the National Consumer Credit Protection Act 2009

Description of credit cards

Product Name	Altitude	Altitude Platinum Card	Altitude Black Card	55 Day Card	55 Day Platinum Card	Low Rate Card	Westpac Lite Card
Minimum credit limit	$500	$6,000	$15,000	$500	$6,000	$500	$500
Minimum repayments	2% of the closing balance outstanding, or $10; whichever is greater. If the closing balance is less than $10, it must be paid in full.	2% of the closing balance outstanding, or $10; whichever is greater. If the closing balance is less than $10, it must be paid in full.	2% of the closing balance outstanding, or $10; whichever is greater. If the closing balance is less than $10, it must be paid in full.	2% of the closing balance outstanding, or $10; whichever is greater. If the closing balance is less than $10, it must be paid in full.	2% of the closing balance outstanding, or $10; whichever is greater. If the closing balance is less than $10, it must be paid in full.	2% of the closing balance outstanding, or $10; whichever is greater. If the closing balance is less than $10, it must be paid in full.	2% of the closing balance outstanding, or $10; whichever is greater. If the closing balance is less than $10, it must be paid in full.
Interest on purchases	20.24% p.a.	20.24% p.a.	20.24% p.a.	19.84% p.a.	19.84% p.a.	13.49% p.a.	9.90% p.a.
Interest-free period	Up to 45 days on purchases only	Up to 45 days on purchases only	Up to 45 days on purchases only	Up to 55 days on purchases only	Up to 55 days on purchases only	Up to 55 days on purchases only	Up to 45 days on purchases only
Interest on cash advances	20.74% p.a.	20.74% p.a.	20.74% p.a.	21.29% p.a.	21.29% p.a.	19.49% p.a.	Cash advances are not available
Balance transfer interest rate	-	-	-	-	-	Pay no interest for 2 years on balance transfers requested at card application. A 1% balance transfer fee applies. After 2 years the rate switches to the variable cash advance rate.^#	Balance transfers are not available
Annual card fee	$100 plus a separate $50 Qantas Rewards Fee, charged annually (applicable only when the Altitude Qantas rewards program is selected)	$0 annual fee for the first year (saving $150)⁺ plus a separate $50 Qantas Rewards Fee charged annually (applicable only when the Altitude Qantas rewards program is selected).	$250 plus a separate $50 Qantas Rewards Fee, charged annually (applicable only when the Altitude Qantas rewards program is selected)	$0 in first year $30, waived in subsequent years when you spend $5,000 or more on purchases in each 12 months from the anniversary date of the first transaction on your account.	$0 in first year $90, waived in subsequent years when you spend $10,000 or more on purchases in each 12 months from the anniversary date of the first transaction on your account.	$0 annual fee for the first year (saving $59)⁺	$108 ($9 each month)
Late payment fee	$15	$15	$15	$15	$15	$15	$0
There may be circumstances in which you have to pay other fees. A full list of current fees applicable to these credit cards can be obtained from www.westpac.com.au/creditcardfees For more information on choosing and using credit cards visit the ASIC consumer website at www.moneysmart.gov.au The terms on which these credit cards are offered can change over time. You can check if any changes have been made by visiting www.westpac.com.au/creditcardkeyfactssheet #Balance transfer promotion: This offer is available when you apply for a new Low Rate credit card between 28th November 2018 and midnight 2nd April 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 1% of the transferred balance(s) will be charged to the account on the same day the balance(s) are debited to the account. 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. We 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. +No annual card fee in the first year promotion: The first year annual card fee waiver is available when you apply for a new Low Rate or Altitude Platinum card between 28th November 2018 and 2nd April 2019. The first annual card fee will be debited on the 12 month anniversary of the first transaction on your account and annually thereafter.