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Help puts you in charge.

Take control of your balance with 0% p.a. on balance transfers for 24 months. A fee of 2% of the transferred balance applies. After the promotional period, any remaining balance will move to the variable cash advance rate, currently 19.49% p.a.

And to reward Westpac customers like you, there will be no annual card fee in the first year – currently saving you $59#.

Offer available until 11 June 2018. New cards only.


The important numbers.

Low Rate card


  • Variable purchase rate: 13.49% p.a.
  • Variable cash advance rate: 19.49% p.a.
  • Annual card fee: $59
(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:
  1. Transactions in foreign currency
    • Visa: 3.0%
  2. Transactions in Australian dollars and the merchant or financial institution accepting the card is located overseas:
    • Visa: 3.0%
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 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.

Follow these tips to minimise credit card fees and charges.

Transaction Interest rates
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. (2% balance transfer fee applies*).

Here's why you'd choose our Low Rate card.

Keep control with alerts

Stay in touch with your card account 24/7 with complimentary SMS alerts and SMS payment reminders, so you can avoid missing payment fees. Or, you can set up Auto Pay in Westpac Live online banking so you never miss a credit card payment.

Misplaced your card? Lock it.

Can't find your card? Lock it in seconds with Card on Hold, while you search.
Find out more


Structure your credit card repayments by breaking them down into regular monthly instalments. It’s ideal for helping you pay off your balance transfer. For more information, visit SmartPlan.

Things you should know

Consumer Credit Cards - Conditions of Use (PDF 186KB)

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 promotion 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 25 January 2018 and 11 June 2018.

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 Westpac Low Rate credit card between 24 January 2018 and 11 June 2018, 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 2% 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 95% of your approved available credit limit.  For applications submitted on or after 1 February 2018, this will change to 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.

#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 24 January 2018 and 11 June 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.

^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. See SmartPlan for more details.

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.