Westpac Low Fee Platinum Credit Card

Save with a $0 annual fee for the first year and enjoy concierge services and complimentary insurance covers.

Westpac Low Fee Platinum cardholders can enjoy perks including complimentary travel and purchase insurance as well as 24/7 access to a platinum concierge service. You’ll be able to enjoy a $0 annual fee for the first year if you apply by 2 April 2019 and save with up to 55 interest-free days on purchases.

Product NameWestpac Low Fee Platinum Card
Purchase rate (p.a.)19.84% p.a.
Offer end date2 April 2019
Annual fee$0 p.a. annual fee for the first year ($90 p.a. thereafter)
Interest Free Period
The interest-free period is the maximum number of days during which interest is not charged on new purchases. This only applies if you pay your closing balance in full by the statement due date.
Up to 55 days on purchases
Cash advance rate (p.a.)21.29% p.a.
Min credit limit
This is the lowest credit limit you can be granted. It is possible to request a higher credit limit but not a lower one than this figure.
Max credit limit
This is the maximum credit limit available on this card and you can apply for increases after the account has been opened. This credit limit may not be issued to you immediately upon application.
Card TypeMastercard
Foreign Currency Conversion Fee (MC)
Charged when you make a transaction that is converted by Mastercard from Australian dollars to a foreign currency. You’ll also incur a currency conversion fee if you make a purchase or obtain a cash advance in Australian dollars while overseas or shopping online with a foreign merchant or financial institution.
3% of transaction value
Complimentary Travel InsuranceYes
Minimum Age18 years of age
Available To Temporary ResidentsYes - Conditions apply
Joint ApplicationNo
Annual fee$0 p.a. annual fee for the first year ($90 p.a. thereafter)
Minimum Monthly Repayment2% or $10, whichever is greater
Late Payment Fee$15
Foreign Currency Conversion Fee (MC)
Charged when you make a transaction that is converted by Mastercard from Australian dollars to a foreign currency. You’ll also incur a currency conversion fee if you make a purchase or obtain a cash advance in Australian dollars while overseas or shopping online with a foreign merchant or financial institution.
3% of transaction value
Cash Advance Fee2% of the value of the transaction or a minimum charge of $2.50 will apply
Overseas Cash Advance Fee2%
Gambling Transactions AllowedYes
Additional Cardholder Fee$0
Number of Additional Cardholders1


  • Take advantage of the annual fee waiver for the first year and in subsequent years when you apply by 2 April 2019 and spend at least $10,000 on your card.
  • Enjoy up to 55 interest-free days on purchases.


  • There is no rewards program included for this account.

Benefits of the Westpac Low Fee Platinum credit card

  • Annual fee waiver. Look forward to a $0 annual fee for the first year. This offer is available for new applicants and is only valid until 2 April 2019. Continue to pay no annual fee in subsequent years when you meet the annual spend requirement of $10,000.
  • Interest-free days. You can get as many as 55 interest-free days on purchases, provided you pay the account's closing balance in full every month. This means interest-free days do not apply while you have a balance transfer.
  • Complimentary insurance covers. When you use this card to book at least $500 of your prepaid travel costs, you'll receive complimentary overseas travel insurance and transit accident insurance. Purchases made using this card also receive protection through purchase security insurance and extended warranty insurance.
  • Platinum concierge service. Whether you're looking to make dinner reservations, find tickets to a concert or organise the perfect gift for a loved one, the platinum concierge service is available 24/7 to make your life easier.
  • Mobile payment technology. You can link your credit card with Samsung Pay and Google Pay to make contactless payments at the checkout using your Samsung or Android device. You can also pay with your eligible fitness tracker with Fitbit Pay and Garmin Pay.
  • Smartplan. This feature lets you pay off your card balance in monthly instalments. You can set up a plan for either a single purchase of at least $500 or more made within the last 30 days, or for any credit card balance that's worth $200 or more.

Features of the Westpac Low Fee Platinum credit card

  • Annual fee. Outside of any promotions, the standard annual fee is $90 for as long as your account remains active.
  • Interest rates. The variable purchase rate is 19.84% p.a. and the cash advance rate is 21.29% p.a.
  • Credit limit. The minimum credit limit of this platinum card is $6,000.
  • Foreign transaction fee. A foreign conversion fee of 3% is charged for any purchases made with an international retailer.
  • Additional cards. You can get 1 additional card linked to your platinum card for $0, as long as the nominated cardholder is over 16 years old.

How to apply for the Westpac Low Fee Platinum credit card

Applying for the Westpac Low Fee Platinum credit card can be done by filling out the online form, but make sure you meet the following criteria before you apply.

Eligibility criteria

  • You're at least 18 years of age.
  • You're a permanent Australian resident or an Australian citizen.
  • You have good credit history.

Required documents

You also need to provide the following info:

  • Personal details like your complete name, date of birth, phone number, residential address, and email address
  • Employment details like your employment status and your employer's name, phone number, and address
  • Details about your income and expenditure (which includes details of all existing debts).

Applying for this platinum credit card could be of benefit if you plan to use the insurance covers, 55 interest-free days and/or concierge service. However, as it is not the only platinum card on the market, you should always compare your options before applying for a new credit card.

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86 Responses

  1. Default Gravatar
    July 1, 2017

    Does westpac have a waiting period, I.e 12 months before getting the bonus again

    • Default Gravatar
      DanielleJuly 4, 2017

      Thank you for contacting finder. We are a comparison website and general information service, we’re more than happy to offer general advice.

      The $200 cashback would be paid within 60 days of meeting minimum spend criteria as a statement credit to the credit card account. You may refer to Westpac’s website for additional information.

      I hope this helps.


  2. Default Gravatar
    September 15, 2016

    Dear WESTPAC I did balanced transferred from Ignite card to a WESTPAC Platinum card interest free but I’m being charged interest on transfer. Branch looking into it but I want to find out for myself. One of your consultant at card centre said that I paid interest because it is from same bank. I did the transfer in good faith and it does not say anywhere that I would be charged interest because from same bank. Now am I being ripped off? Not fair! The information that I looked appears to be misleading. Check for yourself

    • finder Customer Care
      SallySeptember 20, 2016Staff

      Hi Bernice,

      Just to confirm, you have come through to finder.com.au, not Westpac. Unfortunately, 0% balance transfer offers are only available to new customers who aren’t already banking with Westpac or partnered banks. If you look on our review page, you’ll see that we’ve mentioned that new cardholders aren’t eligible for the 0% balance transfer offer in the dot point regarding the balance transfer promotion.

      In the terms and conditions on the 55 Day Platinum Credit Card page on Westpac’s website, it also mentions that you can’t transfer balances from existing Westpac accounts to take advantage of the offer: “Balance transfer promotion: The promotional balance transfer rate is available when you apply for a new Westpac credit card between 7th July 2016 and 11th October 2016 and request at application to transfer balance(s) from up to 3 non-Westpac Australian issued credit, charge or store cards.”

      If you’re still looking pay off your debt without the cost of interest, you can compare on 0% balance transfer credit card offers with other banks. As submitting several credit card applications in a short amount of time can have a negative impact on your credit rating and decrease your future chances of card approval, it’s wise to wait a few months and pay down your debt as much as you can before applying for a new card.

      In the mean time, you might also want to use our guide on which banks you can conduct balance transfers between for further information.

      I hope this has helped.



  3. Default Gravatar
    MichaelAugust 30, 2016

    Does my Platinum Altitude Amex card give me access to Virgin Lounges when flying Virgin?

    • finder Customer Care
      LouAugust 31, 2016Staff

      Hi Michael,

      Thanks for your question.

      Unfortunately, Westpac Altitude Platinum Credit Card does not come with a complimentary Virgin lounge access.

      You may want to check this page to see how you can get free access to Virgin Australia airport lounges.


  4. Default Gravatar
    JimMay 2, 2016

    I am 81 years old intending to travel to UK September 2016.
    Is there an age limit for travel insurance ?

    • finder Customer Care
      LouMay 2, 2016Staff

      Hi Jim,

      Thanks for your question.

      The complimentary overseas travel insurance for Westpac 55 covers individuals who are up to and including 80 years of age.


  5. Default Gravatar
    MichaelFebruary 2, 2016

    What Does the Travel Insurance attached to our card cover when we book to go to New Zealand for a holiday for 10 days, does it cover any medical costs. We have booked the airfares through our card. Thanks

    • finder Customer Care
      JonathanFebruary 3, 2016Staff

      Hi Michael, thanks for your inquiry!

      Medical cover is included with the complimentary travel insurance policy for the Westpac 55 Day Platinum credit card. Please refer to this page for our guide on this travel insurance policy and the inclusions under ‘Medical and Hospital Expenses’.

      I hope this helps.



  6. Default Gravatar
    RobynJanuary 21, 2016

    I am an existing Westpac customer and have an Ignite Mastercard and several savings accounts. I am wanting to transfer my existing balance from my Ignite Mastercard. As an existing customer, am I eligible to apply for the Westpac 55day Platinum Credit card??

    Thanking you

    • finder Customer Care
      SallyJanuary 22, 2016Staff

      Hi Robyn,

      Thanks for your question. You may be eligible to apply for the card, but please note that the reduced annual fee and balance transfer offer are only available to new Westpac customers.

      You can compare other balance transfer credit cards here.

      I hope this has helped.



  7. Default Gravatar
    VinJanuary 16, 2016


    Is there a balance transfer transaction fee if we avail of this option in the platinum card?



    • finder Customer Care
      DebbieJanuary 17, 2016Staff

      Hi Vin,

      Thank you for your question.

      There is $0 balance transfer fee for Westpac 55 Day Platinum Credit Card.

      For other options of credit cards that offers balance transfer without fee, kindly check our comparison page.

      I hope this helps.


  8. Default Gravatar
    AlyceJanuary 13, 2016

    Hi, I am wondering if I apply for this card for a balance transfer before Jan 17, and it is accepted – can I conduct the balance transfer after Jan 17 and still receive the no interest?

    • finder Customer Care
      DebbieJanuary 13, 2016Staff

      Hi Alyce,

      Thanks for your inquiry.
      Unfortunately, the balance transfer offered by Westpac 55 Day Platinum can only be applied once it is requested upon your application.

      To understand more about balance transfer, please refer to this page.

      I hope this helps.


    • Default Gravatar
      AlyceJanuary 14, 2016

      Thanks Debbie,

      I have applied for the card, it has been granted and i will receive it in 3-5 business days. It says in the email that any balance transfers applied for will be processed once the cards are activated – will I still be applicable for the No Interest if I applied for it before Jan 17, but it is processed after that date by Westpac?

    • finder Customer Care
      JonathanJanuary 14, 2016Staff

      Hi Alyce, thanks for your response.

      Since you have applied before the 17th of January you will receive the balance transfer promotion on your account.

      I hope this helps.



    • finder Customer Care
      DebbieJanuary 14, 2016Staff

      No worries Alyce.

      Yes, you will still be eligible for the balance transfer offer of Westpac 55 Day Platinum card since you have applied before the end date, which is currently at 17 January 2016.

      I hope this helps.


  9. Default Gravatar
    goranJanuary 11, 2016

    Do I get any reward points and where can I use it (platinum 55 day credit card)?

    • finder Customer Care
      SallyJanuary 11, 2016Staff

      Hi Goran,

      Thanks for your question.

      You can use the card wherever Visa is accepted.

      Unfortunately, you can’t earn rewards points with the Westpac 55 Day Platinum Credit Card.

      You can compare other credit cards that offer rewards points here.

      I hope this has helped.



  10. Default Gravatar
    GeorgyJanuary 9, 2016

    Can i Balance transfer my personal loan to WP 55 day platinum credit card.

    • finder Customer Care
      YsaJanuary 10, 2016Staff

      Hi Georgy,

      Unfortunately, the Westpac 55 Day Platinum doesn’t accept balance transfers from a personal loan.
      Instead, you can compare your options on this page and find out which banks offer personal loan balance transfers.

      I hope this has helped.


Credit Cards Comparison

Rates last updated March 25th, 2019
Name Product Purchase rate (p.a.) Balance transfer rate Annual fee Product Description
Citi Clear Platinum Credit Card
12.99% p.a.
0% p.a. for 14 months
$0 p.a. annual fee for the first year ($99 p.a. thereafter)
Offers a long-term balance transfer and $0 first year annual fee. Plus, insurance covers and Citibank Dining Program perks. Ends 31 March 2019.
HSBC Platinum Credit Card
19.99% p.a.
0% p.a. for 22 months
$129 p.a.
0% p.a. for 22 months on balance transfers with no BT fee. Plus, a yearly annual fee refund when you spend $6,000 and 2 lounge passes per year.
Virgin Australia Velocity Flyer Card - Annual Fee Offer
20.74% p.a.
0% p.a. for 18 months
$50 p.a.
Earn 20,000 bonus Velocity Points and save with an ongoing $50 p.a. annual fee. Plus, receive a $129 Virgin Australia Gift Voucher each year.
Latitude Low Rate Mastercard
11.99% p.a.
$69 p.a.
Offers a competitively low interest rate and annual fee, plus up to 55 interest-free days on purchases.

Compare up to 4 providers

* The credit card offers compared on this page are chosen from a range of credit cards finder.com.au has access to track details from and is not representative of all the products available in the market. Products are displayed in no particular order or ranking. The use of terms 'Best' and 'Top' are not product ratings and are subject to our disclaimer. You should consider seeking independent financial advice and consider your own personal financial circumstances when comparing cards.

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