Westpac Low Rate Credit Card
Last updated:
Save on credit card interest costs with 0% interest on balance transfers for 18 months with the Westpac Low Rate.
The Westpac Low Rate is a no-frills credit card designed to help you get your existing debt under control and save on regular costs with balance transfer and SmartPlan instalment options.
$59 p.a.
Annual fee
0% p.a.
Balance transfer rate
for 18 months
13.49% p.a.
Purchase rate
55 days
Interest free period
Save on credit card interest costs with 0% interest on balance transfers for 18 months with the Westpac Low Rate.
The Westpac Low Rate is a no-frills credit card designed to help you get your existing debt under control and save on regular costs with balance transfer and SmartPlan instalment options.
Details
| Product Name | Westpac Low Rate Card |
|---|---|
| Balance Transfer Rate | 0% for 18 months |
| Balance Transfer Revert Rate | Cash Advance Rate (19.49% p.a.) |
| Balance Transfer Limit | 80% of available balance |
| Purchase Rate | 13.49% p.a. |
| Annual Fee | $59 |
| Interest Free Period | 55 days |
| Cash Advance Rate | 19.49% p.a. |
| Minimum Credit Limit | $1,000 |
| Maximum Credit Limit | $25,000 |
| Card Type | Mastercard |
| Foreign Currency Conversion Fee (Visa/Mastercard) | 3% of transaction value |
| Complimentary Travel Insurance | No |
| Minimum Income | $15,000 |
|---|---|
| Minimum Age | 18 years of age |
| Available to Temporary Residents | Yes - Condtions apply |
| Joint Application | No |
Pros
- Take advantage of a promotional offer of 0% p.a. for 18 months on balance transfers.
- You can request for an additional cardholder at no extra cost.
| Annual Fee | $59 |
|---|---|
| Minimum Monthly Repayment | 2% of transaction value or $10, whichever is greater |
| Late Payment Fee | $15 |
| Foreign Currency Conversion Fee (Visa/Mastercard) | 3% of transaction value |
| 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.
