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Westpac Low Fee Credit Card

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Save with a $0 annual fee for the first year and enjoy up to 55 days interest-free on purchases.

The Westpac Low Fee is a no-frills credit card designed to save you money. You don't have to pay any annual fee for the first year or in subsequent years when you meet the annual spend requirement.

6.99% p.a.

Balance transfer rate

for 12 months

20.09% p.a.

Purchase rate

$0 p.a.

Annual fee

for the first year ($30 p.a. thereafter)

55 days

Interest free period


Product NameWestpac Low Fee Card
Balance transfer rate6.99% p.a. for 12 months
Balance Transfer Revert RateCash Advance Rate (21.49% p.a.)
Balance Transfer Limit80% of available balance
Purchase rate (p.a.)20.09% p.a.
Annual fee$0 p.a. annual fee for the first year ($30 p.a. thereafter)
Interest free period55 days
Cash advance rate (p.a.)21.49% p.a.
Min credit limit$500
Max credit limit$25,000
Card typeMastercard
Foreign currency conversion fee (Visa/Mastercard)3%
Complimentary travel insuranceNo
Minimum age18 years of age
Available to temporary residentsYes - Conditions apply
Joint applicationNo


  • $0 annual fee for the first year and in the following years when you spend $5,000 on purchases in each 12 months from the date of the first transaction on your account
  • Up to 55 days interest-free on purchases


  • Charges a 3% foreign transaction fee
Annual fee$0 p.a. annual fee for the first year ($30 p.a. thereafter)
Minimum monthly repayment2% of the closing balance or $10, whichever is greater
Late payment fee$15
Foreign currency conversion fee (Visa/Mastercard)3%
Cash Advance Fee2% or $2.50, whichever is greater
Overseas cash advance fee2%
Additional cardholder fee$0
Number of Additional Cardholders1

Expert review

Sally McMullen

Review by

Sally McMullen is Finder's credit cards and frequent flyer editor by day and a music maven by night. Her byline can be spotted on Yahoo Finance, Dynamic Business, Financy and Mamamia as well as Music Feeds and Rolling Stone.

Expert review

Although many credit cards offer no annual fee in the first year, the Westpac Low Fee credit card is unique in that it extends this $0 fee when you meet the spend requirement each year. The standard annual fee of $30 p.a. is also competitive when compared to some other cards on the market.

How to apply

You can apply for the Westpac Low Fee credit card in 10 minutes and receive a response in 60 seconds.

Eligibility criteria

  • Residency. You must be an Australian citizen or permanent resident.
  • Age. You must be at least 18 years old to apply.

Card benefits

  • Annual fee waiver. This card charges a standard annual fee of $30 p.a., but offers a $0 annual fee in the first year. After the first year, annual fees for subsequent years are waived if the minimum $5,000 yearly spend is met.
  • Interest-free period. You will receive up to 55 days interest-free on new purchases when you pay your monthly payment balance listed on your statement in full by the payment due date. Note that these interest-free days are separate from any longer-term interest rate promotions and the monthly payment balance excludes current balance transfers.

Rates & fees

  • Annual fee. Outside of any promotions, this card charges a standard annual fee of $30 p.a. When you spend at least $5,000 over the course of the year, the annual fee in the subsequent year will be waived.
  • Purchase interest rate. This card charges a standard 20.09% p.a. interest rate on purchases.

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  1. Default Gravatar
    October 6, 2016

    I have an outstanding debt with an aussie credit card. the limit was 1,500.00. I have been paying this debt off for over 4yrs and not getting anywhere. My credit was suspended on the card years ago, I have just been paying off the debt. I think I now owe around 1,000.00. Is it possible to transfer this debt to your company???

    • Avatarfinder Customer Care
      October 7, 2016

      Hi Linda,

      Thanks for your question.

      Please note that we are, a financial comparison and information website, not Westpac.

      To apply for Westpac 55, you need to meet the following eligibility criteria:

      -You are a permanent resident of Australia
      -You are over 18 years old
      -You don’t have poor creditworthiness

      You can also check other balance transfer credit cards on this page.

      Please note that rejected credit card applications can have a negative impact on your credit file, so before you apply, be sure to check the eligibility criteria and the requirements.


  2. Default Gravatar
    July 13, 2016

    Hi, can I do a balance transfer from a St George credit card onto a Westpac 55 day credit card or is St George and other banks affiliated to Westpac excluded from the offer? Regards

    • Avatarfinder Customer Care
      July 13, 2016

      Hi Ian,

      Thanks for your question.

      Unfortunately, it’s not possible to conduct a balance transfer between Westpac and St. George credit cards. On this page, you can find which financial institution that you’re able to conduct a balance transfer to and from.

      In the meantime, you may like to compare your balance transfer credit card options here – that is a transfer of balance from your St. George card to a non-Westpac credit card. Please make sure to review the criteria and requirements before you submit your application.

      I hope this is helpful.


  3. Default Gravatar
    April 14, 2016

    What other interest (transaction) charges are applied and at what rate?

    • Avatarfinder Customer Care
      April 14, 2016

      Hi Don,

      Thanks for your question.

      The fees charged by Westpac 55 Day Credit Card were outlined in the table above particularly on the ‘fees and repayments’ section.

      Hope this helps.


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