Current as at: 4 April 2018
This information sheet is an Australian Government requirement under the National Consumer Credit Protection Act 2009
| 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 | $1,000 | $6,000 | $1,000 | $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 | - | - | - | 0% p.a. for 20 months on balance transfers requested at card application (a 2% balance transfer fee applies). The rate then switches to applicable variable cash advance rate.# |
0% p.a. for 20 months on balance transfers requested at card application (a 2% balance transfer fee applies). The rate then switches to applicable variable cash advance rate.# |
0% p.a. for 24 months on balance transfers requested at card application (a 2% balance transfer fee applies). The rate then switches to applicable variable cash advance rate.#
Online exclusive offer: |
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) | $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. |
$59 Online exclusive offer: |
$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
|
|||||||