Westpac
Low Rate Card
Our Low Rate Card provides a lower interest rate on purchases, plus a lower monthly card fee to help reduce your credit card costs.
Credit cardsBank updated 2 Sept 2026
At a glance
- Purchase rate
- 13.74%
- Cash advance
- 21.99%
- Interest-free days
- 55
- Foreign transaction fee
- 3.00%
- Rewards
- Westpac Lounge on ShopBack
- Balance transfer
- 0.00%
§ 01 — Rates · 3
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Balance transferBalance Transfer promotion: Request a 0% p.a. for 20 months balance transfer. For balance transfers requested at card application. 3% balance transfer fee applies. After 20 months, the rate reverts t… | — | — | — | 0.00% | — | New customer |
| Cash advanceInterest on cash advances | — | — | — | 21.99% | — | No Interest Free days |
| PurchaseInterest on purchases | — | — | — | 13.74% | — | Interest Free Days may apply |
§ 02 — Fees · 8
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Cash Advance Fee | Cash advance | 3.50% of transaction | — | — |
| Overlimit Fee | Event | No fee | — | $15.00 once per statement period if your credit card account was opened before 4 June 2012. No overlimit fee will be charged for personal credit card accounts opened on or after 4 June 2012. |
| Missed Payment Fee | Late payment | $20 | — | $20 each statement cycle that the minimum monthly payment is not paid by the statement due date. |
| Monthly Card Fee | Periodic | $7 | Every 1 mo | $7 monthly card fee Card Fee Waiver |
| Credit Card Surcharge | Purchase | Varies | — | 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… |
| Foreign Transaction Fee | Transaction | 3.00% of transaction | — | 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 fi… |
| Non-Westpac Group ATM fee | Transaction | Varies | — | Although not a Westpac fee, using your card in a non-Westpac Group or Westpac Group partner ATM may result in a charge to you. Avoid paying an ATM operator fee by using any Westpac, St.George, BankSA… |
| Balance Transfer Fee | Upfront | 3.00% of balance | — | Balance Transfer promotion: Request a 0% p.a. for 20 months balance transfer. For balance transfers requested at card application. 3% balance transfer fee applies. After 20 months, the rate reverts t… |
§ 03 — Features
Extra repaymentsDigital bankingFraud protectionBalance transfersInstalment plans55 interest-free days1 additional cardsGarmin PayApple PayGoogle PaySamsung PayWestpac Lounge on ShopBackWestpac Extras
- · Click to Pay - Online shopping made quick, simple and secure with Click to Pay.
- · Use our SmartPlan repayment planner to break large purchases or balances down into regular instalments while keeping interest-free days.
- · Easily set transaction and transfer limits to place tabs on your spending and tailor how you use your card.
- · 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.
- · You can use your Card to make a Purchase or a Cash Advance or carry out a Balance Transfer from another Credit Card. You can use your Card in many places in Australia and around the world. Look for t…
- · Recurring payments - You may authorise a Merchant to charge recurring payments to your Card automatically without requesting your authorisation on each occasion.
- · Confirming and authorising transactions : There are a number of ways you may be able to confirm a transaction. These include: signing your name. Holding your Card in front of a contactless payment de…
- · Gambling blocks : If you wish to limit access to gambling services through the Card Account, please call us or log into your online banking and activate gambling block in the Card Services menu.
- · Statements : We will issue a statement for the Card Account to you every month unless the account has a balance of $10 or less and there has been no account activity in that month. You can choose to…
- · Want to bank with layers of defence? Explore the features of our everyday banking accounts. Start your banking today to find out how the Westpac Digital card with dynamic CVC can help protect you.
- · Make shopping and ordering online even more safe and secure with Westpac My Merchants. Westpac My Merchants lets you shop and order online without needing to share your card details, because your car…
- · Customers can access their eligible Westpac cards and Apple?s ID&V security features within Apple Wallet. T&Cs apply.
§ 04 — Eligibility & limits
- · Minimum age 18
- · Residency: Those having permanent residency in Australia/NZ OR being a non-resident or migrant and hold an acceptable Visa, with a minimum 1 year before expiry
- · Minimum income $30,000
- · Amount $500 to $50,000
- · Customer having a regular, verifiable Australian taxable income.
- · Customer having a fixed, verifiable residential address in Australia.
§ 06 — Run the numbers
Put this product through a calculator
Published by Westpac under the Consumer Data Right, last changed by them on 2 Sept 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.