1. Low Rate Cards
2. Low Rate

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Choose from 2 offers

Westpac Low Rate card

Our Low Rate Card provides a lower interest rate on purchases, plus a lower monthly card fee to help reduce your credit card costs.

Up to $450 cashback or 0% p.a. for 20 months on balance transfers

See full offer details below.

Already a Westpac Customer? We'll waive your first year's card fee

$7 monthly card fee

13.74% p.a. variable purchase rate

Choose from 2 offers *

Please select one

Choose from 2 offers Cashback offer

Earn up to $450 cashback on your new credit card

Balance transfer offer

Request a 0% p.a. for 20 months balance transfer

Earn up to $450 cashback on your new credit card

$75 cashback for each month you spend $1k or more on eligible purchases in the first 6 months from card approval.

Already a Westpac customer? We’ll waive your first year’s card fee.

Offer not available if you’ve held a Westpac credit card in the last 24 months. New cards only. Credit criteria and T&Cs apply.

Request a 0% p.a. for 20 months balance transfer

For balance transfers requested at card application. 3% balance transfer fee applies. After 20 months, the rate reverts to the variable cash advance rate.

Already a Westpac customer? We’ll waive your first year’s card fee.

Offer not available if you’ve held a Westpac credit card in the last 24 months. New cards only. Credit criteria and T&Cs apply.

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Features

Up to 55 days interest-free - More opportunity to avoid interest charges on your purchases

Cashback and discounts - With a Westpac credit card, you'll get personalised cashback offers from Westpac Extras, Westpac bonus Cashback when you shop via the Westpac Lounge on ShopBack, plus other discounts and offers from a wide range of shops, in-store and online.​

Split your purchases - Split your purchases over $100 into 4 payments over 6 weeks with the PartPay feature on your credit card.

We got your back - Use the Dynamic CVC on your digital card. The 3-digit number changes every 24 hours for added fraud protection.

Rates and minimum requirements

New cards only.
Variable purchase rate	13.74% p.a.
Variable cash advance rate	21.99% p.a.
Minimum credit limit	$500
Minimum income required	$30,000 p.a.

Fees

New cards only.
Monthly card fee	$7
Foreign transaction fee	3%Payable as a percentage of the Australian dollar value of any foreign transaction.Applies for transactions in a foreign currency, or in Australian dollars but processed by an overseas merchant or financial institution.Note: It may not always be clear to you that the Merchant or entity processing the transaction is located outside Australia. More about this fee.
Cash advance fee	3.5% of the value of the transaction will apply to each cash advance made on your card account.These charges will appear on your credit card statement directly below the relevant cash advance.
Missed payment fee	$20 each statement cycle that the minimum monthly payment is not paid by the statement due date.
Non-Westpac Group ATM fee	Using your card in a non-Westpac Group or Westpac Group partner ATM may result in a charge to you.Use any Westpac, St.George, BankSA, or Bank of Melbourne, or select Westpac Group partner ATM to avoid paying an ATM operator fee. Find a Westpac Group ATM.
Credit card surcharge	Some merchants may apply a surcharge for credit card payments (usually a percentage of the purchase). If you're unsure, check with the merchant before paying.

For more information about credit card fees.

What you'll need to apply

You must be

• Aged 18 or over AND
• Live at a fixed Australian address AND
• Receive a regular and verifiable Australian taxable income AND

Meet one of the following requirements

• An Australian or New Zealand citizen OR
• An Australian permanent resident OR
• Hold a valid temporary residence visa, with a minimum of 1 year before expiry

See eligible Australian visa (PDF)

You'll need to provide

• Proof of income
• Current debts and expenses

Two of these ID documents

• Passport
• Australian drivers' license
• Medicare card
• Australian birth certificate

Frequently asked questions

What is a low rate credit card?

Low rate credit cards generally have a low ongoing interest rate charged on purchases, known as the ‘purchase rate’. Note there’s also a separate ‘cash advance rate’ (for withdrawing cash from an ATM), which is likely to be higher.

How can I compare low rate credit cards?

When you're comparing low-interest-rate credit cards, think about how you'd use the card to decide what's important to you. Consider the key factors, such as purchase rate, cash advance rate (for drawing cash directly), card fee, and the number of interest-free days. Also, you may want to consider special offers and tools (such as Westpac's PartPay or SmartPlan that could help with money management.

Can I add an additional cardholder?

Yes. You can add one additional cardholder (aged 16 or over) at no extra cost. The primary cardholder remains responsible for all transactions made on the account.

How does a SmartPlan repayment plan work?

SmartPlan helps you stay on top of large purchases and balances by breaking them down into regular installments.

Credit card balance SmartPlan

Turn any of your outstanding purchase, cash advance or promotional plan (e.g. balance transfer) balances of $200 or more into a SmartPlan. The purchase balance SmartPlan type is currently available at a lower interest rate.

Large purchase SmartPlan

Create a large purchase SmartPlan to help you pay off an individual ‘big ticket’ item of $200 or more that you’ve bought on your card in the last 30 days – think purchases such as a flight, hotel bill or even a new fridge. Large purchase SmartPlans are currently available at a lower interest rate.1 To ensure that your credit card balance does not exceed the credit limit, please consider the amount of the establishment fee indicated when you set up a plan.

How does Westpac protect me from fraud?

The security of your card and information is extremely important to us. We have a range of security measures in place to ensure that your account is protected, including online. Westpac Added Online Security provides extra peace of mind when shopping online at participating retailers.

We also have your back if something does go wrong. Our Fraud Money Back Guarantee ensures that customers will be reimbursed for any unauthorised transactions provided that the customer has not contributed to the loss and contacted Westpac promptly.

Do I need to wait for my physical card to start spending?

No, on top of Apple Pay, Samsung Pay and Google Pay, you can activate and instantly use your Digital Card in the Westpac App from the moment your account is opened.

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Things you should know

Westpac Credit Cards Key Facts Sheet

Credit Card Terms and Conditions (PDF)

ID checklist to become a customer (PDF)

Westpac Extras Terms and Conditions (PDF)

PartPay Card Terms and Conditions (PDF)

Credit criteria, fees and charges apply. Credit Card Product Switches, upgrades or Westpac group staff are ineligible.

This promotion may be varied or withdrawn at any time and is not available in conjunction with any other promotion.

Be credit savvy: Before applying, consider a realistic credit limit and check all conditions, interest rates, fees and charges on your selected card.

[1]

Low Rate Cashback promotion: Offer commenced 28th May 2026. The up to $450 cashback offer is available when you apply and are approved for a new Low Rate credit card before the offer is withdrawn. $75 cashback will be awarded for every month (statement period) $1k or more is spent on eligible purchases for 6 consecutive statement periods. The first eligible spend period will commence from the day your account is opened, up to the end of your second statement period. After this date, the second eligible spend period will commence and the offer spend requirements will align to each statement period thereafter for the remaining of the 5 consecutive statement periods. Eligible purchases made in one statement period do not contribute to subsequent statement period offer eligibility. Eligible purchases do not include interest, fees, charges, cash or ATM cash advances, cash equivalent transactions, gambling transactions, a purchase from or payment to a local, state or federal government or government related agency, BPAY or similar transactions (such as Post Billpay), refunds and balance transfers debited to the card account. Cashback is only available on one credit card account per customer. $75 cashback will be paid as a statement credit to your Low Rate credit card account within 90 days of meeting the minimum spend criteria. Current Westpac credit card customers or customers who have held a Westpac credit card in the last 24 months are not eligible for this offer. Credit Card Product Switches, upgrades or Westpac group staff are ineligible for this offer. This promotion may be varied or withdrawn at any time and is not available in conjunction with any other promotion.

Return to footnote 1

[2]

Low Rate Balance Transfer promotion: Offer commenced 28th May 2026. This offer is available when you apply for a new Low Rate credit card before the offer is withdrawn, and request at card application to transfer balance(s) from up to 3 non-Westpac Australian issued credit or store cards. Your current credit card issuer must accept BPAY payments to be eligible, you can check your credit card statement for payment options. The promotional rate will apply to balance(s) transferred (min $200 up to 80% of your approved available credit limit) for the promotional period. Activating your card triggers the processing of the balance transfer. A balance transfer fee of 3% of the transferred balance(s) will apply to balance(s) transferred to the Westpac Low Rate credit card. The balance transfer fee will be charged to the card account on the same day the balance(s) are debited to the account. The applicable variable cash advance rate will apply to any unpaid balance transfer amount remaining at the end of the promotional period unless the amount is paid off earlier. Westpac will not be responsible for any delays that may occur in processing payment to your other card account(s) and will not close the account(s). If your account has an interest free period for purchases, to be entitled to that interest free period, you need to pay off the 'Monthly Payment Balance' listed on your statement of account (not the full closing balance) by the relevant payment due date. Credit Card Product Switches, upgrades or Westpac group staff are ineligible for this offer. This promotion may be varied or withdrawn at any time and is not available in conjunction with any other promotion.

Return to footnote 2

[3]

Existing customers only - Low Rate First Year Card Fee Waiver: Offer commenced 28th May 2026. First Year Card Fee Waiver is available for existing Westpac customers when you apply and are approved for a new Low Rate credit card before the offer is withdrawn. After the first year, the $7 monthly card fee will be debited to your account on a monthly basis. This promotion may be varied or withdrawn at any time and is not available in conjunction with any other promotion.

Return to footnote 3

[4]

Eligible purchases do not include interest, fees and charges, cash or ATM cash advances, cash equivalent transactions, gambling transactions, a purchase from or payment to a local, state or federal government or government related agency, BPAY or similar transactions (such as Post Billpay), refunds and balance transfers debited from the card account.

Return to footnote 4

[5]

Interest free period is available when you pay the Closing Balance (or the Monthly Payment Balance if you have a Balance Transfer, a SmartPlan or a PartPay Card) in full by the payment due date.

Return to footnote 5

[6]

Additional cardholder: An additional credit card can be issued on the primary cardholder’s account to any nominated person 16 years or over. All transactions using the additional credit card will be the responsibility of the primary cardholder. All Altitude, Velocity or Qantas Points remain the benefit of the primary cardholder. No additional cardholders allowed on Flex Card.

Return to footnote 6

[7]

SmartPlan: SmartPlan is currently available for eligible Westpac consumer credit cards. Fees may apply. You need to register for Online Banking before you can set up a SmartPlan. Read the Online Banking terms and conditions (PDF) available at westpac.com.au. The establishment fee is charged upfront but is payable in monthly instalments over the term of your Large Purchase SmartPlan. This means that if you cancel your SmartPlan (or don't make the required SmartPlan repayments) you must still pay the whole establishment fee, including any interest on the establishment fee. Note: To ensure that your credit card balance does not exceed the credit limit, please consider the amount of the establishment fee indicated when you set up a plan. SmartPlan requires cardholders to make regular monthly payments for the full term and at the interest rate that applies when the SmartPlan is created. All payments made to your credit card account will be applied first to any SmartPlan instalments. Therefore, debts accruing a higher interest rate may be left unpaid during the SmartPlan term. Any balance transfer amounts on a SmartPlan must have a remaining term of between 3 and 36 months to be eligible for a SmartPlan. See Credit Card Terms and Conditions (PDF) for more details. SmartPlan cancellation takes up to 2 business days. When a SmartPlan ends, any remaining balance will revert to the variable annual interest rate for your balance type or special offer rate as applicable. Cardholders keep interest-free days (if applicable) after a balance transfer when you pay your monthly payment (being your SmartPlan repayments plus the minimum monthly repayment on your credit card account) SmartPlan repayment.

Return to footnote 7

Westpac Fraud Money Back Guarantee: Our Westpac Fraud Money Back Guarantee ensures that customers will be reimbursed for any unauthorised card transactions provided that the customer has not contributed to the loss and contacted Westpac promptly. Refer to the cards’ Terms and Conditions for full details, including when a customer will be liable. You should, however, make sure you only provide your card details to reputable merchants and always contact us immediately if you suspect any fraudulent activity.

Read the Apple Pay Terms and Conditions (PDF) before making a decision and consider if it is right for you. To use Apple Pay you will need an eligible card and a compatible device with a supported operating system. See our Apple Pay FAQs for more information. Apple, the Apple logo, Apple Pay, Apple Watch and iPhone are trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc.

Google Pay is a trademark of Google LLC.

Samsung Pay is a trademark or registered trademark of Samsung Electronics Co., Ltd.

The Digital Card is only available in the Westpac App and supported with the latest version of the Westpac App. The terms and conditions applicable to your product also apply to the use of your digital card. Online Banking Terms & Conditions also apply. You may not always be able to access your digital card.

Mastercard® is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.

BPAY® is a registered trademark of BPAY Pty Ltd ABN 69 079 137 518.

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