WestpacLow 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.
At a glance
- Purchase rate
- 13.74%
- Cash advance
- 21.99%
- Interest-free days
- 55
- Foreign transaction fee
- 3.00%
- Balance transfer
- 0.00%
How it compares
This credit card in ink, against the best that every other institution publishes for anyone to apply for. Each figure is counted the same way for all of them.
| Rate | This credit card | Best anywhere | Typical institution | Where it sits |
|---|---|---|---|---|
| Any credit cardOngoing purchase rate, not introductory offers | 13.74% | 7.49%Unity Bank's Low Rate Visa Credit Card | 12.49%of 51 institutions | 33rd lowest of 51, level with one other |
| Interest-free daysDays without interest on purchases when the balance is paid in full | 55 days | 62 daysBeyond Bank Australia's Low Rate Credit Card | 55 daysof 42 institutions | 2nd longest of 42, level with 30 others |
Rates
Every rate Westpac publishes for this credit card, 3 in all.
| 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 |
Fees
8 fees published, grouped by when they're charged.
- When you take it out3.00% of balanceBalance Transfer Fee
- While you hold it$7 a monthMonthly Card Fee
- When you close it or pay it offNo fee published
When you take it out1
- Balance Transfer Fee
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…
3.00% of balance
While you hold it1
- Monthly Card Fee
$7 monthly card fee Card Fee Waiver
$7 a month
When you make a transaction4
- Cash Advance Fee3.50% of transaction
- 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…
Varies - Foreign Transaction Fee
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…
3.00% of transaction - Non-Westpac Group ATM fee
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…
Varies
If a payment is late or fails1
- Missed Payment Fee
$20 each statement cycle that the minimum monthly payment is not paid by the statement due date.
$20 30 days after it's due
When particular things happen1
- Overlimit 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.
No fee
Features
- Click to Pay - Online shopping made quick, simple and secure with Click to Pay.
- Cashback and discounts: With a Westpac credit card, you'll get personalised cashback offers from Westpac Extras, Westpac bonus Cashback when you shop via the Westpac Lounge on ShopBack, plus other di…
- Use our SmartPlan repayment planner to break large purchases or balances down into regular instalments while keeping interest-free days.
- 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.
- 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 dev…
- 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 r…
- 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.
- Easily set transaction and transfer limits to place tabs on your spending and tailor how you use your card.
Eligibility and 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.
Compare it with others
Put this product through a calculator
Published by Westpac under the Consumer Data Right, last changed by them on 29 Oct 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.