Important disclosure
Westpac Low Fee
Cashback
Get even more Cashback with Westpac and ShopBackGet $100 Cashback when you spend $100+ on Gift Cards purchased via Shopback.com.au within 90 days of card approval The $100 cashback offer is available when you apply and are approved for a new Low Fee credit card between 12th December 2023 and 30th April 2024. $100 cashback will be awarded when $100 or more is spent in one or more transactions on Gift Cards via ShopBack.com.au within 90 days of new card approval. Cashback is only available on one credit card account per customer. $100 cashback will be paid as a statement credit to your Low Fee credit card account within 60 days of meeting the minimum spend criteria. Current Westpac credit card customers or customers who have held a Westpac credit card in the last 12 months are not eligible for this offer. This promotional offer is not available if you apply under the Westpac Premier Advantage Package.
Purchase Rate
19.74%
p.a
Balance Transfer Rate
21.49%
p.a
19.74%
p.a
21.49%
p.a
$30
Pros and cons
For Low Fee
Benefits
- Annual fee of $30 is refunded when you spend $5,000 on purchases every 12 months
- Lower than average annual fee
- Ability to convert large purchases into instalment plans
- Apple Pay, Google Pay and Samsung Pay available
- Free supplementary cards
Drawbacks
- Higher than average ongoing variable purchase rate
- No reward program
Westpac Rate Credit card overview
For Low Fee
Details
Card Level Standard | Card Type MasterCard |
Interest Free Days 55 | Minimum monthly repayment 2% or $10 |
Minimum credit limit $500 | Maximum credit limit $25k |
Free supplementary cards | Instant Approval |
Target Market Determination Visit Westpac Banking Corporation Ltd to view Target Market Determination. |
Fees
Annual Fee $30 | Annual Fee Spend Waiver $5k |
Supplementary card annual fee $0 | Late Payment Fee $15 |
Over limit fee $15 | Duplicate statement fee $2 |
Electronic Wallet Service
Important Rates
Rates
Purchase Rate 19.74% p.a |
Cash advance rate 21.49% |
Cash advance fee 2% or $2.5 |
Balance Transfer
Balance Transfer Rate 21.49% p.a |
Transfer Limit 80% of the approved credit limit |
Balance Transfer Fee |
Overseas spending
Foreign Exchange Fee 3% on Mastercard |
Overseas charges $2.5 |
Estimated ATM Cost $11.5 for AU $300 withdrawal |
Rewards
Program name |
Rewards Available - |
Eligibility
Minimum age 18 |
Minimum income $30k |
Eligibility conditions You have a regular, verifiable income |
Residency Australia Citizen, Permanent Resident |
Perks
- FREE SUPPLEMENTARY CARDS
- CashbackGift Cards Get even more Cashback with Westpac and ShopBackGet $100 Cashback when you spend $100+ on Gift Cards purchased via Shopback.com.au within 90 days of card approval The $100 cashback offer is available when you apply and are approved for a new Low Fee credit card between 12th December 2023 and 30th April 2024. $100 cashback will be awarded when $100 or more is spent in one or more transactions on Gift Cards via ShopBack.com.au within 90 days of new card approval. Cashback is only available on one credit card account per customer. $100 cashback will be paid as a statement credit to your Low Fee credit card account within 60 days of meeting the minimum spend criteria. Current Westpac credit card customers or customers who have held a Westpac credit card in the last 12 months are not eligible for this offer. This promotional offer is not available if you apply under the Westpac Premier Advantage Package.
Promoted credit cards
Promoted
Low Rate Card
11.99%
p.a
$0
for 12 months then $49 thereafter
Promoted
First
Cashback
Earn $125 back to your new ANZ First card when you spend $750 on eligible purchases in the first 3 months from approval, plus $0 annual fee in the first year.*T&Cs apply.20.99%
p.a
$0
for 12 months then $30 thereafter
Australian Credit Licence 234527Fees & charges apply
Promoted
Orange One Low Rate
11.99%
p.a
$0
Australian Credit Licence 229823Fees & charges apply
Promoted
Black Card
RateCity Exclusive
Earn $300 Kogan.com credit0.00%
p.a
for up to 9 months, then 20.99%
$0
Australian Credit Licence 286655Fees & charges apply