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At a glance

$0 Annual card fee for first year
$90 Ongoing annual card fee ($0 with $10k p.a. spend)
20.09% p.a. Variable purchase rate
$6,000 Minimum credit limit 
$30,000 p.a. Minimum income required

See below for standard rates and fees.

 

Why choose the Low Fee Platinum card?

Low (or no) annual card fees

No annual card fee (as long as you make a  $10k minimum spend each year) can help cut costs – as long as you pay off your purchases by the due date each month to avoid the higher interest rates.

Complimentary insurances

Shop and travel with confidence with complimentary cover for domestic and overseas travel and extended warranty, subject to the Westpac Credit Cards Complimentary Insurance Policy. (PDF 391KB)

Up to 55 days interest-free

To give you more opportunity to avoid interest charges on your purchases2. Note cash advances aren’t covered by this interest-free period.

Other reasons to choose

You don’t need a rewards card to get rewarded. Westpac Extras includes personalised cashback offers sent directly to your email. Simply use your card as normal and we’ll automatically credit your account.

From verifying suspicious transactions to our fraud money back guarantee, we aim to keep you protected.

Manage your repayments with options like SmartPlanCard Autopay and SMS payment reminders.

Could this credit card be suitable for you?
 

It could be if:

  • You’re likely to repay your purchases in full each month (taking advantage of up to 55-days interest-free)
  • You want credit card convenience and complimentary insurances.

 

There may be better options if:

  • You don’t think you’ll repay your purchases in full each month, consider our Low Rate cards
  • You want rewards points, consider our Rewards cards
  • You want the balance transfer offer to pay off other card debts, but think you’ll take longer than the 24-month offer period to fully repay it, consider our personal loans
Annual card fee $0 annual card fee in the first year on a new card. Plus, $0 annual card fee in subsequent years when you spend $10,000 or more on purchases in each 12 months from the date of the first transaction on your account, currently saving you $90.*
20.09% p.a. Variable purchase rate

Foreign transaction fee

3.0%

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

If the card has a negative balance after the transaction: 2.0% or $2.50, whichever is higher (max. $150).

If the card has a positive balance after the transaction: $2.50  

These charges will appear on your statement directly below the relevant cash advance.

Missed payment charge $15 each statement cycle that the minimum monthly payment is not paid by the statement due date.
Non-Westpac Group ATM fee Although not a Westpac fee, using your card in a non-Westpac Group ATM may result in a charge to you. Avoid this fee by using one of Westpac’s extensive network of 2,900 ATMS across Australia (including any St.George, BankSA and Bank of Melbourne ATMs). Find a Westpac Group ATM.
Credit card surcharge In some instances, businesses may administer a ‘surcharge’ for credit card payments. Usually, these are a percentage fee of your purchase amount. Ask the merchant if a surcharge applies and how much it is before paying if you’re unsure.

Alternative credit cards

Westpac Low Fee card

No complimentary insurances, but our lowest annual credit card fee and a lower minimum annual spend to get that annual card fee waived.

Find out more about Low Fee card

Frequently asked questions


As a current Westpac Low Fee Platinum cardholder, you are eligible for complimentary Overseas Travel Insurance cover 4, provided you:

1. You either permanently reside in Australia or hold a current and valid residency Visa and reside in Australia; and

2. You spend at least $A500 on your prepaid travel costs (i.e. your travel costs that you pay for before leaving Australia) and you charge these costs to your Low Fee Platinum card.  This could include return travel tickets, airport or departure taxes, overseas accommodation etc.; and

3. You have a return overseas travel ticket before departing Australia; and

4. You are not over 80 years of age when you first become eligible for this cover by meeting the above conditions.  

For full details on complimentary insurance, please read the Westpac Credit Cards Complimentary Insurance Policy (PDF 391KB).

Overseas travel insurance 4 (see policy for details)

The following is a summary only of some of  the benefits available under the Overseas travel insurance (Terms, conditions and exclusions apply.  Refer to the Westpac Credit Cards Complimentary Insurance Policy (PDF 391KB) for further information).    

  • Medical and hospital expenses incurred overseas;
  • Loss or damage to personal property;
  • Loss or damage to travel documents;
  • Personal liability cover;
  • Rental vehicle excess cover for loss or damage to rental vehicle;
  • Unexpected cancellation of travel arrangements and other unexpected expenses
Transit accident insurance

The following is a summary only of the benefit available under the Transit accident insurance policy (Terms, conditions and exclusions apply.  Refer to the Westpac Credit Cards Complimentary Insurance Policy (PDF 391KB) for further information).
Transit accident insurance cover against specified accidental death or injury when sustained while riding, boarding or alighting as a passenger in a plane, bus, train or ferry when you have purchased the tickets for the entire trip using your Low Fee Platinum card before you leave.

Purchase security insurance

4 months cover against loss, theft or accidental damage for a range of new personal items purchased in Australia and overseas using your Low Fee Platinum Card. The following is a summary only of the benefit available under the Purchase security insurance (Terms, conditions and exclusions apply.  Refer to the Westpac Credit Cards Complimentary Insurance Policy (PDF 391KB) for further information).

Extended warranty insurance

The following is a summary only of the benefit available under the Extended warranty insurance (Terms, conditions and exclusions apply.  Refer to the Westpac Credit Cards Complimentary Insurance Policy (PDF 391KB) for further information).

 

 

SmartPlan helps you stay on top of large purchases and balances by breaking them down into regular installments.1

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.1

Large purchase SmartPlan

Create a large purchase SmartPlan to help you pay off an individual ‘big ticket’ item of $500 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

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.

Before you apply

To improve the likelihood your application is approved and in a timely manner, please read this section carefully before applying. Please note that we cannot process new credit applications while a COVID-19 relief package is applied to your account. If you wish to proceed with an application, you will first have to request a withdrawal from the package through Online Banking or call us on 132 032. For more information please visit our COVID-19 customer support webpage.

As part of reviewing your application we look at the information on your credit report, which is produced by an independent credit bureau. This report shows a snapshot of your liabilities, available credit, and your repayment behaviour for these accounts. To learn more about credit reporting in Australia visit www.westpac.com.au/ccr.

It’s a good idea to view your own credit report and check your details are correct before starting your application. You can do this for free by visiting the credit bureau website directly, or via CreditSmart.org.au. We work with three bureaus: Equifax, illion and Experian, so you might like to check the report produced by each of them.

Before starting your application, make sure you have everything in the list below:


If you’re an existing Westpac customer, you’ll also need to:

Any errors in the details you provide could delay your process, or even mean you are declined. Again, checking against your credit report can help here.

Every time you apply for any form of credit, your credit history is checked by the credit provider. This is listed as an enquiry on your report. Multiple applications can be seen as a red flag and reduce your chances of approval.

Things you should know

Credit criteria, fees and charges apply. Switches, upgrades or Westpac group staff are ineligible.

2. Interest free period is available on purchases when you pay the Closing Balance (or the Monthly Payment Balance with a balance transfer) in full by the payment due date.

This promotion may be varied or withdrawn at any time and is not available in conjunction with any other promotion.

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

*Low Fee annual card fee waiver: $0 annual card fee is available for the first year and every year afterwards when you apply and are approved for a new ‘Low Fee’ or ‘Low Fee Platinum’ credit card. To qualify, you must meet the spend criteria on eligible purchases ($5,000 or more for a Low Fee card / $10,000 or more for a Low Fee Platinum card) in each 12-month period, starting from the date you made your first transaction.

1 SmartPlan: SmartPlan is currently available for all Westpac consumer credit cards. Fees may apply. You need to register for Online Banking before you can set up a SmartPlan. Read the Online Banking terms and conditions (PDF 277KB) available at westpac.com.au. The establishment fee is charged upfront but is payable in monthly instalments over the term of your Large Purchase SmartPlan. This means that if you cancel your SmartPlan (or don’t make the required SmartPlan repayments) you must still pay the whole establishment fee, including any interest on the establishment fee. SmartPlan requires cardholders to make regular monthly payments for the full term and at the interest rate that applies when the SmartPlan is created. All payments made to your credit card account will be applied first to any SmartPlan instalments. Therefore, debts accruing a higher interest rate may be left unpaid during the SmartPlan term. Any balance transfer amounts on a SmartPlan must have a remaining term of between 3 and 36 months to be eligible for a SmartPlan. See Credit Card Terms and Conditions (PDF 240KB) for more details. SmartPlan cancellation takes up to 2 business days. When a SmartPlan ends, any remaining balance will revert to the variable annual interest rate for your balance type or special offer rate as applicable. Cardholders keep interest-free days (if applicable) after a balance transfer when you pay your monthly payment (being your SmartPlan repayments plus the minimum monthly repayment on your credit card account) SmartPlan repayment.

Read the Apple Pay Terms and Conditions (PDF 79KB) before making a decision and consider if it is right for you. To use Apple Pay you will need an eligible card and a compatible device with a supported operating system. See our Apple Pay FAQs for more information. Apple, the Apple logo, Apple Pay, Apple Watch and iPhone are trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc.

Mastercard® is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.