Lite Card

Compare

Basic

Card Level
Card Level
Standard
Interest Free Days
Interest Free Days
45
Maximum credit limit
Maximum credit limit
$4,000
Minimum credit limit
Minimum credit limit
$500
Minimum repayment dollars
Minimum repayment dollars
$10
Minimum repayment percent
Minimum repayment percent
2
Number free supplementary
Number free supplementary
1
Annual Fee
Annual Fee
$108
Late Payment Fee
Late Payment Fee
$0
Over limit fee
Over limit fee
$0
Duplicate statement fee
Duplicate statement fee
$2
Supplementary card annual fee
Supplementary card annual fee
$0
Apple Pay available
Apple Pay available
Google Pay available
Google Pay available
Samsung Pay available
Samsung Pay available
Card Level
Card Level
Standard
Interest Free Days
Interest Free Days
45
Maximum credit limit
Maximum credit limit
$4,000
Minimum credit limit
Minimum credit limit
$500
Minimum repayment dollars
Minimum repayment dollars
$10
Minimum repayment percent
Minimum repayment percent
2
Number free supplementary
Number free supplementary
1
Annual Fee
Annual Fee
$108
Late Payment Fee
Late Payment Fee
$0
Over limit fee
Over limit fee
$0
Duplicate statement fee
Duplicate statement fee
$2
Supplementary card annual fee
Supplementary card annual fee
$0
Apple Pay available
Apple Pay available
Google Pay available
Google Pay available
Samsung Pay available
Samsung Pay available

Rates

Purchase Rate
Purchase Rate
9.9%
Cash advance rate
Cash advance rate
Purchase Rate
Purchase Rate
9.9%
Cash advance rate
Cash advance rate

Balance Transfer

Balance Transfer Rate
Balance Transfer Rate
Transfer Limit
Transfer Limit
$4,000
max card limit
Balance Transfer Fee
Balance Transfer Fee
$0
Balance Transfer Rate
Balance Transfer Rate
Transfer Limit
Transfer Limit
$4,000
max card limit
Balance Transfer Fee
Balance Transfer Fee
$0

Overseas spending

Foreign Exchange Fee
Foreign Exchange Fee
Overseas charges
Overseas charges
Estimated ATM Cost
Estimated ATM Cost
Foreign Exchange Fee
Foreign Exchange Fee
Overseas charges
Overseas charges
Estimated ATM Cost
Estimated ATM Cost

Rewards

Program name
Program name
Rewards Available
Rewards Available
Program name
Program name
Rewards Available
Rewards Available

Eligibility

Minimum age
Minimum age
18
Minimum income
Minimum income
Eligibility conditions
Eligibility conditions
Minimum age
Minimum age
18
Minimum income
Minimum income
Eligibility conditions
Eligibility conditions

Perks

    Other Restrictions
    Balance Transfer and Cash Advance not available

    Features

    The Westpac Lite credit card offers customers a very low interest rate, a moderate number of interest-free days, and fewer fees. The card charges no late payment fee or foreign transaction fee, although the card does charge a monthly fee. The Westpac Lite card does not have an associated reward scheme, and cash advances are not available.

    This card allows one additional card holder (16 years or over) at no extra cost. It also offers an online banking experience that lets card holders tap and pay with their Mobile Wallet, temporarily lock their card, and set up Card Autopay.

    The Westpac Lite credit card delivers security and peace of mind with their Fraud Money Back Guarantee, Westpac Added Online Security, and a built-in microchip that increases convenience and purchase safety.

    Pros
    • Very low interest rates
    • Free additional cardholder
    • No foreign transaction fees
    Cons
    • Application fee charged
    • Discharge fee at end of loan
    • Legal fee charged
    • Settlement fee charged

     

    Who is it good for?

    The Westpac Lite credit card is well suited to budget card holders. The card offers fewer fees with no late payment fees and no foreign transaction fees. However, the card does charge a monthly fee in order to take advantage of interest-free days. This card is a good fit for customers who struggle to pay their bill in full each month. Westpac offers the option to set up a repayment plan using SmartPlan.

    This card may not be a good fit for customers who want to be rewarded for their spending. With no associated rewards scheme, your purchases do not earn points or cash back. Card holders looking for product, voucher or airline rewards should browse the market for cards that are more suited to their preferences. Plus, the moderate credit limit may be problematic for customers who spend high amounts on their card each month.

    What RateCity says

    The Westpac Lite credit card is a reasonable low-rate card, particular for those who regularly make late payments or spend money overseas. However, the card does charge a monthly fee, which may not benefit customers looking for a card with no monthly or annual fee. There are other cards on the market that do not charge monthly or annual fees, though there may be a cost for late payments or foreign transactions.

    For customers who already bank with Westpac, the Westpac Lite card may be a suitable choice. Those who do not already bank with Westpac may ask their current bank for a low-rate offering.

    The Westpac Lite card does not offer a rewards program, so card holders in search of rewards on eligible purchases may be better off looking elsewhere. There are other cards that will earn points on eligible purchases, as well as provide benefits like complimentary insurances.

    Applying/eligibility

    Customers who want to apply for the Westpac Lite credit card must be at least 18 years old and be an Australian citizen or permanent resident. Permanent residents must be currently in Australia. Applicants will need to provide personal details and identification such as an Australian driver’s licence. The application may also ask for proof of income and expenses such as payslips and bank statements, as well as employment details. 

    About Westpac

    Westpac is an Australian bank that offers a range of solutions to both businesses and individuals. Headquartered in Sydney, Westpac is Australia’s first and oldest bank and was established in 1817. Westpac now provides financial services such as credit cards, bank accounts, home loans, car loans, insurance and wealth management. Westpac merged with St. George Bank Limited in 2008, with St. George Bank becoming a division within the Westpac Group.

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