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Westpac Low Rate Credit Card

The Westpac Low Rate Credit Card has one of the lowest purchase rates in the market at 13.49% p.a. and is offered in conjunction with a very competitive annual fee of just $59 p.a. 

Introductory Offer: 0% p.a. Balance Transfer for 20 months a 2% BT fee applies.

Offer conditions: Offer closes 31st Janaury 2018, 0% p.a. for 20 months on balance transfers requested at card application (2% balance transfer fee applies). Rate then switches to applicable variable cash advance rate  + Smart Plan

The Westpac Low Rate Credit Card not only delivers on value but comes packed with a generous range of benefits:

  • Up to 55 interest free days on purchases - providing you pay off your balance in full every month
  • Low minimum income eligibility - at $15,000 p.a.
  • Additional Card Holder - Add an additional card holder for $0, cardholders must be over 16 years of age
  • Card Security - covered by Cardshield and Fraud Protection by Falcon.
  • Visa payWave - providing the convenience of tap and go quick payments on transactions up to $100.
  • Card Security - Verified by Visa to protect your online payments.
  • Low annual fee - $59 p.a.
  • Quick On line application - Decision within 60 seconds
Credit Card Details
Provider Westpac
Prestige Level Standard
Credit Card Type Visa
Instant Approval Yes in 60 seconds
Standard Rates
Purchase Rate 13.49%
Cash Advance Rate 21.49%
Interest Charged From Purchase date
Interest Free Period Up to 55 days
Balance Transfer
Balance Transfer Rate 0%
Balance Transfer Period 20 months
Balance Transfer Fee 2.00%
Balance Transfer Processing Time 10 - 14 days
Max. Balance Transfer 95% of credit limit
Revert rate 21.49% p.a.
Benefits
Intro Offer 0% p.a. for 20 months on balance transfers requested at card application (2% balance transfer fee applies). Rate then switches to applicable variable cash advance rate + Smart Plan
Offer end date 31st January 2018
Rewards Program No
Rewards Points No
Acceptance Criteria
Age to Apply 18
Min. Income $15,000
Residency Australia
Temporary residents Yes with 457 Visa & $50,000 p.a. Income
Min. Credit Limit $500
Joint applicants No
Fees & Terms
Min. Monthly Repayment $10
Annual Fee $59
Over Limit Fee $15
Duplicate Statement fee $7.50
Late Payment Fee $15
Min. Monthly Repayment % 2%
Max. Credit Limit $30,000
Cash advance fee 2% of transaction value or a minimum charge of $10
Additional card holder fee $0
Travel & Insurance
Foreign currency conversion fee 3% of transaction value
Overseas atm withdrawal fee $5
Complimentary travel insurance No

What happens when I click "Go to site"?

  • 1

    Clicking Go to site will direct you to the providers web site

  • 2

    Complete the online application on the providers web site

  • 3

    Once approved the provider will issue your new product, delivery times will vary by provider.