Help lets you take charge.
The Low Rate Card for the long term.
- 0% p.a. for 24 months balance transfer offer*
(1% balance transfer fee applies. After 24 months, any remaining balance will move to the variable cash advance rate, currently 19.49% p.a.)
- No annual card fee for the first year - currently saving you $59#.
- Break down your repayments into monthly SmartPlan^ instalments.
- Get a low variable rate of 13.49% p.a. on purchases.
Offer available online via this webpage until 23 October 2018. New cards only.
Make the most of your balance transfer with SmartPlan.
Adding a SmartPlan^ to your balance transfer could help you take charge of your credit card. It’s a repayment planning tool designed to make paying down your balance a priority.
And unlike most balance transfers, if you place your balance on a SmartPlan^ you could keep your cards interest free days on purchases.
How to set up your SmartPlan
If you’re approved for a balance transfer, you’ll receive an email reminding you to set up a SmartPlan through Westpac Live Online Banking, allowing you to:
- Create a repayment plan for the balance you transfer over.
- Set a repayment schedule that suits you.
- Track your progress online through Westpac Live Online Banking.
Benefits of a Westpac credit card
Misplaced your card? Lock it.
When you're not sure where you left your card, simply use Card on Hold+ to lock it temporarily while you search.
Don’t miss a payment.
Set up autopayments or SMS payment reminders so you can stay on top of what you need to pay on your credit card.
(these may change)
|Annual card fee||$59|
|Foreign transaction fee||A Foreign Transaction Fee is payable as a percentage of the Australian dollar value of any Foreign Transaction. The percentage will vary depending on the applicable credit card scheme:
|Cash advances/withdrawals fee||
An administrative charge of 2% of the value of the transaction will apply to each cash advance made on your card account, where your account has a negative (debit) balance after the transaction has been posted to it. A minimum charge of $2.50 and a maximum charge of $150 will apply in these circumstances.
Where your account has a positive (credit) balance after the transaction has been posted to it, a charge of $2.50 will apply to the transaction.
These charges will appear on your credit card statement directly below the relevant cash advance.
|Missed payment charge||A charge of $15 may be payable each statement cycle that the whole of the minimum monthly payment is not paid by the statement due date. If charged, the Missed Payment Charge will be debited to your account.|
|Over-limit fee||If your card account was opened before 4 June 2012, a fee of $15 may be debited from your credit card account every time you exceed your credit limit during a statement cycle. It is debited from your account in that statement cycle, on or after the day(s) your credit limit is exceeded. This fee may also be charged whenever your account is over limit at the commencement of a statement cycle.|
|Duplicate statement fee||$7.50 may be debited from your credit card account if you, or an additional cardholder, orders a copy of a statement that has already been issued for your account. This fee is debited from your account on or after the day you order the duplicate statement.|
|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.|
|Purchases||13.49% p.a. (variable)|
|Cash advances||19.49% p.a. (variable)|
Special balance transfer promotion:
See 'Things you should know' below for terms and conditions.
|0% for 24 months on balance transfers requested at card application. (1% balance transfer fee applies*).|
Things you should know
Switches, upgrades, or customers accessing employee benefits are ineligible. This promotion may be varied or withdrawn at any time and is not available in conjunction with any other promotion. The balance transfer offer and first year annual card fee waiver is available to customers who apply via this website (offer not available in branch or via call centres) and are approved for a new Low Rate credit card between 28 May 2018 and 23 October 2018 (“promotional period”).
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 offer: This offer is available between 28 May 2018 and 23 October 2018 when you apply for a new Westpac Low Rate credit card, 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, unless the amount is paid off earlier. 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). Cannot be used in conjunction with the cashback offer.
^SmartPlan: Available for any eligible amount on personal credit cards only. You need to register for Online Banking before you can set up a SmartPlan. 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. Therefore debts accruing a higher interest rate maybe 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. Read the Smart Plan Terms and Conditions above and see SmartPlan for more details.
#No annual card fee in the first year: The first year annual card fee waiver is available when you apply for a new Westpac Low Rate credit card between 28 May 2018 and 23 October 2018. The first annual card fee will be debited to your card account on the 12 month anniversary of the first transaction (including balance transfers) on your account and annually thereafter.
+Card on hold: Available on personal credit cards and Mastercard® debit cards only. Cards to which a temporary lock can be applied will be listed when you sign in to Mobile Banking or Online Banking and visit Lock a card temporarily under Cards services.
Westpac is the credit provider and credit licensee under National Consumer Credit Laws.
© Westpac Banking Corporation ABN 33 007 457 141 AFSL and Australian credit licence 233714.