Rates and fees verified as correct at 03 December, 2021. Other information correct at the time of writing. Advertiser disclosure.
Looking for an interest rate that won’t bite you? A low rate credit card from Westpac will keep you in the clear if you tend to carry a balance from month to month. This is a no frills card but it’s also great value - not only will you get a low purchase rate, but Westpac also offers a fee free first year to existing customers who apply online. What’s not to love? Well, the cash advance rate is one thing - keep in mind it’s quite a bit higher than the purchase rate.
| Product | Purchase rate | Balance transfer rate | Annual fees | Interest free days on purchases | |
|---|---|---|---|---|---|
| 0% p.a. | No current offer | $120 $10 monthly fee waived when there is no outstanding balance. |
| ||
| 9.90% p.a. | No current offer | $108 | 45 | ||
| 13.74% p.a. | 0% p.a. for 28 months and then 21.49% p.a. (1.00% balance transfer fee) | $59 $0 in the first year | 55 | Go to site | |
| 13.74% p.a. | No current offer | $59 $0 in the first year | 55 | Go to site |
So you’ve never missed a credit card payment in your life and break out in a cold sweat at the thought of carrying a debt from month to month? A no fee card is probably for you. Because you’re so good at paying off your balance, a higher interest rate won’t worry you so much, but an annual fee could be a real downer. If you meet certain requirements, you can even use your low fee Westpac credit card entirely fee free!
| Product | Purchase rate | Balance transfer rate | Annual fees | Interest free days on purchases | |
|---|---|---|---|---|---|
| 0% p.a. for 15 months then 20.09% p.a. | 0% p.a. for 6 months and then 21.49% p.a. | $30 $0 when you spend over $5,000 p.a, $0 in the first year | 55 | ||
| 13.74% p.a. | 0% p.a. for 28 months and then 21.49% p.a. (1.00% balance transfer fee) | $59 $0 in the first year | 55 | Go to site | |
| 13.74% p.a. | No current offer | $59 $0 in the first year | 55 | Go to site |
Making the most of your shopping habit is easy with a good rewards card and at Westpac you can choose between a bunch of options. Westpac offers rewards credit cards you can use to get your hands on some great shopping vouchers, gift cards and products or cards designed specifically to help you earn frequent flyer points. You can choose between a Classic, Platinum or Black card, each of which offers a different amount of rewards points per purchase and come with a different annual fee. Platinum and Black cards also come with some cool bonus features, like complimentary insurance and concierge services.
Keep in mind, if you’re opting for a rewards credit card, you’ll pay a higher purchase rate and annual fee for the chance to get your hands on all these goodies.
| Product | Points per dollar | Purchase rate | Balance transfer rate | Annual fees | |
|---|---|---|---|---|---|
| 1.25 points per dollar on Mastercard, uncapped | 19.99% p.a. | 0% p.a. for 24 months and then 21.49% p.a. (1.00% balance transfer fee) | $250 $99 in the first year | Go to site | |
| 0.75 points per dollar on Mastercard, uncapped | 19.99% p.a. | 0% p.a. for 24 months and then 19.99% p.a. (1.00% balance transfer fee) | $300 | ||
| 0.75 points per dollar on Mastercard, uncapped | 19.99% p.a. | 0% p.a. for 18 months and then 19.99% p.a. (1.00% balance transfer fee) | $300 | ||
| 0.5 points per dollar on Mastercard, uncapped | 19.99% p.a. | 0% p.a. for 24 months and then 21.49% p.a. (1.00% balance transfer fee) | $200 $99 in the first year | Go to site | |
| 1 point per dollar on Mastercard, uncapped | 19.99% p.a. | 0% p.a. for 24 months and then 21.49% p.a. (1.00% balance transfer fee) | $150 $49 in the first year | Go to site | |
| 0.5 points per dollar on Mastercard, uncapped | 19.99% p.a. | 0% p.a. for 18 months and then 21.49% p.a. (1.00% balance transfer fee) | $200 $149 in the first year |
Why not have the best of the best? Although it will bump up your annual fee, opting for a platinum or black credit card option from Westpac will mean getting your hands on a heap of premium goodies, including a personal concierge and complimentary insurance covers. Take advantage of the waived annual fee in the first year, and higher rewards earning potential than on regular rewards cards, and you’ll be glad to have this flashy piece of plastic in your arsenal.
| Product | Points per dollar | Purchase rate | Balance transfer rate | Annual fees | |
|---|---|---|---|---|---|
| 1.25 points per dollar on Mastercard, uncapped | 19.99% p.a. | 0% p.a. for 24 months and then 21.49% p.a. (1.00% balance transfer fee) | $250 $99 in the first year | Go to site | |
| 0.75 points per dollar on Mastercard, uncapped | 19.99% p.a. | 0% p.a. for 24 months and then 19.99% p.a. (1.00% balance transfer fee) | $300 | ||
| 0.75 points per dollar on Mastercard, uncapped | 19.99% p.a. | 0% p.a. for 18 months and then 19.99% p.a. (1.00% balance transfer fee) | $300 | ||
| 0.5 points per dollar on Mastercard, uncapped | 19.99% p.a. | 0% p.a. for 24 months and then 21.49% p.a. (1.00% balance transfer fee) | $200 $99 in the first year | Go to site | |
| 1 point per dollar on Mastercard, uncapped | 19.99% p.a. | 0% p.a. for 24 months and then 21.49% p.a. (1.00% balance transfer fee) | $150 $49 in the first year | Go to site | |
| 0.5 points per dollar on Mastercard, uncapped | 19.99% p.a. | 0% p.a. for 18 months and then 21.49% p.a. (1.00% balance transfer fee) | $200 $149 in the first year |
If your main aim is racking up frequent flyer points, then get your hands on a Qantas card from Westpac. One of the rewards program options from Westpac, a Qantas card will automatically convert all your hard earned rewards points to Frequent Flyer points. No hassle, no fuss - just really great savings on your travel. Just remember that as a rewards option, your Westpac frequent flyer credit card will come with a considerable annual fee and interest rate attached.
| Product | Points per dollar | Purchase rate | Balance transfer rate | Annual fees | |
|---|---|---|---|---|---|
| 0.75 points per dollar on Mastercard, uncapped | 19.99% p.a. | 0% p.a. for 24 months and then 19.99% p.a. (1.00% balance transfer fee) | $300 | ||
| 0.75 points per dollar on Mastercard, uncapped | 19.99% p.a. | 0% p.a. for 18 months and then 19.99% p.a. (1.00% balance transfer fee) | $300 | ||
| 0.5 points per dollar on Mastercard, uncapped | 19.99% p.a. | 0% p.a. for 24 months and then 21.49% p.a. (1.00% balance transfer fee) | $200 $99 in the first year | Go to site | |
| 0.5 points per dollar on Mastercard, uncapped | 19.99% p.a. | 0% p.a. for 18 months and then 21.49% p.a. (1.00% balance transfer fee) | $200 $149 in the first year |
That depends on which card you have. If you’re after a discounted shopping spree and opt for a Westpac rewards card, you’ll have 45 interest free days to pay off your purchases. If you’re going for a low rate, low fee or student card, you’ll get 10 extra days on top of that to pay your balance.
Keep in mind that if you don’t pay off your balance in full before your interest free period is up, you’ll not only be charged interest that month, but you’ll lose your interest free days for the next month as well.
On any Westpac credit card, there are certain fees you may have to pay, depending on how you want to use your credit card. These include:
• an annual fee (unless you qualify to have your annual fee waived)
• foreign transaction fees
• missed payment fee
• overlimit fee
• cash advance fees
Yep. You can do a balance transfer using any of your Westpac credit cards, except the student credit card. Each one will give you a 0% interest rate for over a year, but the exact length of time is different for each card. After this period is up, your 0% interest rate will revert to the higher purchse rate - so make sure you’ve got a great payment plan in place to pay the debt back in time.
Keep in mind that this interest free period only applies to the transferred balance and not new purchases.
With a low fee 55 day Westpac credit card, or a low rate option, your credit card will work on the Visa system and you’ll be able to use Paypass or Tap ‘n’ Go.
If you’re going the rewards route with your Westpac credit card, you’ll actually get two cards linked to one account - one Visa and one American Express. This is great because you get the worldwide versatility of Visa (we’ve all seen the ads) plus, the rewards power of AMEX. The even better thing, is that you can use contactless payment for both cards when your purchase is under $100.
As touched on above, no matter what credit card you choose from Westpac, at least one of your cards will have access to the Visa worldwide network.
You’ve got so many options to earn rewards with a Westpac rewards card it might be hard to keep track of them! We’ve collected all the info you’ll need to know right here to make it simpler, and you can also check out our guide to the Westpac rewards program. Let's start with the fun stuff - what goodies you could get out of all your spending.
If you have a classic rewards cards your rewards points can be redeemed for:
• A huge range of retail products, including brands like Apple, Sony, Dyson and Tefal.
• Gift cards and vouchers from stores including David Jones, Westfield and Bunnings.
• Frequent flyer points from five different frequent flyer programs including Virgin Velocity and Air New Zealand Airpoints.
If you’re a frequent traveller and opt for a Qantas card, you can reward yourself with:
• Flights with Qantas and its partners
• Flight upgrades on Qantas
• Merchandise or gift cards from the Qantas Store
So what’s it going to take to get your hands on those rewards? Well first off, check out our guide to calculating rewards points to make sure you’re getting the most out of your spending.
Then find out just what your Westpac credit card will give you back by taking a look at our table below:
| Altitude points per $1 spent | Qantas points per $1 spent | Altitude points per $1 spent | Qantas points per $1 spent | |
|---|---|---|---|---|
| Visa | Amex | Visa | Amex | |
| Classic | 1 | 2 | 0.5 | 1 |
| Platinum | 1 | 2 | 0.5 | 1 |
| Mastercard | Amex | Mastercard | Amex | |
| Black | 1.25 in Aus. 3 overseas | 3 | 0.625 in Aus 1.5 overseas | 1.5 |
Before you go shopping up a storm, remember that point caps do apply to all but Black Westpac rewards cards. On a Classic card you can build up 5,000 Altitude points or 2,500 Qantas points per credit card statement cycle. For Platinum cardholders, that limit jumps up to 7,500 Altitude points and 3,750 Qantas points.
One of the great extra features that comes with Platinum and Black Westpac credit cards is complimentary insurance for a few things. Each card offers cover for different time periods or up to different limits, so take a look at our table below to find out what your Westpac credit card covers you for:
| Altitude Platinum | Altitude Black Credit Card or 55 Day Platinum Credit Card | |
|---|---|---|
| Overseas travel insurance | Up to 3 months | Up to 6 months |
| Transit accident insurance cover | Up to $250,000 | Up to $500,000 |
| Extended warranty insurance | Up to 3 months | Up to 4 months |
| Purchase security insurance | Up to 1 year | Up to 2 years |
You can also add credit card repayment protection insurance to your Westpac credit card for a little extra peace of mind, although this one isn’t complimentary. This will help cover your credit card repayments if you lose your job or can’t work because you’re sick or injured.
Nobody wants to wind up the victim of credit card fraud, so when you use your Westpac credit card, there are a few security measures to keep your money safe. These include:
• An Online Transaction Security Guarantee, which means that if an online transaction is made on your card that you didn’t know about or consent to, you won’t be held accountable for any costs. But remember, you have to contact Westpac about the transaction before your statement due date.
• If you’re shopping online you can also look out for sites with Verified by Visa or American Express SafeKey, which will give you added security on Westpac credit card purchases.
• 24/7 Falcon Fraud Protection monitors your Westpac credit card account for unusual activity. If anything out of the ordinary is detected, you’ll be asked to verify it.
If all that fails and you do end up with some fraudulent activity on your credit card account, the Westpac Fraud Money Back Guarantee means that you will be reimbursed for any losses, as long as you report the fraud as soon as possible.
Mozo users have rated Westpac credit cards on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.
4704 Reviews
Be warned, don’t apply for a credit card through Westpac as they won’t take into account your savings, investments and other owned assets. They ONLY ask for your income and your expenses, and if you have other credit card limits even if you don’t use the cards and have nothing owing and no other debts they don’t care and will decline your application without asking about savings and investments nor take them into account. They also take over 2 weeks to consider your application. Do yourself a favour and apply for a credit card at other banks like NAB or ING Bank who treat you as a person and take into account your whole financial picture. Westpac don’t care and treat you entirely as just another number, pathetic service delivery and appalling customer service. Avoid Westpac at all costs!
Read full reviewBe warned, don’t apply for a credit card through Westpac as they won’t take into account your savings, investments and other owned assets. They ONLY ask for your income and your expenses, and if you have other credit card limits even if you don’t use the cards and have nothing owing and no other debts they don’t care and will decline your application without asking about savings and investments nor take them into account. They also take over 2 weeks to consider your application. Do yourself a favour and apply for a credit card at other banks like NAB or ING Bank who treat you as a person and take into account your whole financial picture. Westpac don’t care and treat you entirely as just another number, pathetic service delivery and appalling customer service. Avoid Westpac at all costs!
If you value slow process feedback, or no feedback at all 2 weeks after submitting your credit card application, and being told it will be “another 3 to 5 days” every time you call to determine progress of your application, then this is the bank for you! If you enjoy being treated like just another number in the millions even when you’ve banked with a bank for 40 years, waiting with uninformed anticipation as to whether your application for a $20k credit card limit is approved after paying off a $550,000 home loan with them in 10 years and they still can’t decide whether you’re reliable enough to handle a $20k limit despite having substantial owned assets and no debt, and a high income then head on down to Westpac and they’ll quickly delight you with their impersonal service delivery. Slow transfers that add an extra 24 hours to crediting funds to your account from another bank can instantly be yours if you join Westpac. A clunky online banking experience forms part of their offering along with inability to transfer to some mobile numbers and email addresses as part of their Osko Fast Payments system even though the PayID works with other banks, which is one of the worst offered by any major bank forms part of your banking service delivery by Westpac. Terse email responses by a rude Customer Service Manager when enquiring about products tailored to provide benefits to over 55’s are provided as part of your banking experience with Westpac. If you enjoy being treated like a nobody and having no response to your valid enquires including application for credit products, and value the experiences outlined above you will be thrilled with the experience Westpac can provide in all of these areas that only a big and faceless bank like Westpac can provide, a bank where they excel in not being accountable for providing any level of good service and what’s more they don’t care as they know there will be another person in the queue tomorrow that they can treat poorly and they will still have their job as they are not accountable to provide good service.
Read full reviewIf you value slow process feedback, or no feedback at all 2 weeks after submitting your credit card application, and being told it will be “another 3 to 5 days” every time you call to determine progress of your application, then this is the bank for you! If you enjoy being treated like just another number in the millions even when you’ve banked with a bank for 40 years, waiting with uninformed anticipation as to whether your application for a $20k credit card limit is approved after paying off a $550,000 home loan with them in 10 years and they still can’t decide whether you’re reliable enough to handle a $20k limit despite having substantial owned assets and no debt, and a high income then head on down to Westpac and they’ll quickly delight you with their impersonal service delivery. Slow transfers that add an extra 24 hours to crediting funds to your account from another bank can instantly be yours if you join Westpac. A clunky online banking experience forms part of their offering along with inability to transfer to some mobile numbers and email addresses as part of their Osko Fast Payments system even though the PayID works with other banks, which is one of the worst offered by any major bank forms part of your banking service delivery by Westpac. Terse email responses by a rude Customer Service Manager when enquiring about products tailored to provide benefits to over 55’s are provided as part of your banking experience with Westpac. If you enjoy being treated like a nobody and having no response to your valid enquires including application for credit products, and value the experiences outlined above you will be thrilled with the experience Westpac can provide in all of these areas that only a big and faceless bank like Westpac can provide, a bank where they excel in not being accountable for providing any level of good service and what’s more they don’t care as they know there will be another person in the queue tomorrow that they can treat poorly and they will still have their job as they are not accountable to provide good service.
Applied for a credit card and got approved conditionally within 24 hours or so.. submitted every applications they asked for to submit and assured me that they would get back to me within next 48 hours...no response in time they had promised and again had to call to follow up and was told to wait till Monday, still not any update... I was assured by one of the complaints team's member that there will be an update by the next day and when i tried calling again today, still not any sign of progress on my credit card.... so frustrating..we rely on bank so much and they let us down time and again, so miserable service ...and they keep on saying ' 2 days is what it takes to finalise a credit card application request approval or rejection' ....Such a shame.
Read full reviewApplied for a credit card and got approved conditionally within 24 hours or so.. submitted every applications they asked for to submit and assured me that they would get back to me within next 48 hours...no response in time they had promised and again had to call to follow up and was told to wait till Monday, still not any update... I was assured by one of the complaints team's member that there will be an update by the next day and when i tried calling again today, still not any sign of progress on my credit card.... so frustrating..we rely on bank so much and they let us down time and again, so miserable service ...and they keep on saying ' 2 days is what it takes to finalise a credit card application request approval or rejection' ....Such a shame.
As a customer for 21 years, their online card service centre is pathetic. Numerous attempts and many hours to get a simple credit card has lead me to go elsewhere.
Read full reviewAs a customer for 21 years, their online card service centre is pathetic. Numerous attempts and many hours to get a simple credit card has lead me to go elsewhere.
Terrible and rude customer service. Gave them all the documentation they required for a credit card application which I am more than qualified for in terms of income, no debts great credit score. But their demands were unreasonable including providing a notice of assessment for this years tax return which the ATO has not even requested lodgement for yet. Then after multiple calls and providing other documentation, got some standardised email that my application was rejected. Waste of my time and certainly won’t be banking with them.
Read full reviewTerrible and rude customer service. Gave them all the documentation they required for a credit card application which I am more than qualified for in terms of income, no debts great credit score. But their demands were unreasonable including providing a notice of assessment for this years tax return which the ATO has not even requested lodgement for yet. Then after multiple calls and providing other documentation, got some standardised email that my application was rejected. Waste of my time and certainly won’t be banking with them.
When you go to apply for a Westpac credit card, there are a few things you’ll want to remember. First of all, to apply, you need to be over 18 and an Australian resident.
You’ll also need to provide:
Want to know more? Check out our guide on applying for a credit card.