Westpac Low Fee Credit Card
Last updated:
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
Details
| Product Name | Westpac Low Fee Card |
|---|---|
| Balance transfer rate | 6.99% p.a. for 12 months |
| Balance Transfer Revert Rate | Cash Advance Rate (21.49% p.a.) |
| Balance Transfer Limit | 80% 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 period | 55 days |
| Cash advance rate (p.a.) | 21.49% p.a. |
| Min credit limit | $500 |
| Max credit limit | $25,000 |
| Card type | Mastercard |
| Foreign currency conversion fee (Visa/Mastercard) | 3% |
| Complimentary travel insurance | No |
| Minimum age | 18 years of age |
|---|---|
| Available to temporary residents | Yes - Conditions apply |
| Joint application | No |
Pros
- $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
Cons
- Charges a 3% foreign transaction fee
| Annual fee | $0 p.a. annual fee for the first year ($30 p.a. thereafter) |
|---|---|
| Minimum monthly repayment | 2% of the closing balance or $10, whichever is greater |
| Late payment fee | $15 |
| Foreign currency conversion fee (Visa/Mastercard) | 3% |
| Cash Advance Fee | 2% or $2.50, whichever is greater |
| Overseas cash advance fee | 2% |
| Additional cardholder fee | $0 |
| Number of Additional Cardholders | 1 |
Expert review
Review by
Sally McMullen
sally.mcmullen@finder.com.auSally 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.
