Don’t like credit card interest? Westpac may have the solution with it’s Flex card. Offering a credit limit of $1,000 this card is handy for making smaller purchases without a hefty interest rate to worry about. Instead simply pay a $10 monthly fee or $0 if you don’t use your card in a statement period. Currently, the Flex Card is available for existing Westpac customers only.
If the idea of an interest-free credit card sounds right up your alley, read on to find out more about the Westpac Flex card.
Unlike a regular credit card, this product operates more like buy now pay later where customers aren’t charged interest on their purchases. Instead, Westpac charges a $10 monthly fee when you pay down your balance in full each month. Plus, for those that don’t use their Flex card within a statement period, Westpac will waive the monthly fee. There are also no annual or late payment fees to worry about either.
This card is a good option if you only need a small credit card limit, as on the Flex card customers can only spend up to $1,000. And while this card is accepted for use both online and in-store, bear in mind Westpac only issues digital versions of this card for use of a smart device. There are no physical cards available.
When it comes to paying back what you owe, like buy now pay later there is an option to make monthly or fortnightly instalments with the option to make additional contributions whenever you like. No matter the size of your debt, the minimum repayment amount per month is $40.
On top of this, with the Westpac Flex card customers receive fraud protection as well as access to Westpac Extras and Rewards.
Currently, you must be an existing Westpac customer to join the Flex Card program.
This credit card might be a good option for someone looking for a low credit card limit and wants to avoid paying interest on their purchases. Plus, the monthly or fortnightly repayment plan can be a handy tool in making it easier to pay down what is owed.
Remember, this card option only allows for a credit limit of $1,000. If you are looking for a credit limit higher than that, the Westpac Low Rate credit card might be a better option.
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No current offer |
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$120.00 |
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$0.00 |
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n/a |
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$40.00 |
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Issued as a digital card only. Currently only available for existing Westpac customers. |
Apple Pay, Google Pay, Samsung Pay, Garmin Pay
$10 monthly fee shown as annual fee, only payable where there is an outstanding balance on the previous statement at the due date.
Westpac
Altitude Platinum
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
Westpac
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13.74% p.a.
0% p.a. for 28 months and then 21.49% p.a. (2.00% balance transfer fee)
$59
Westpac
Altitude Black
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
Westpac
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13.74% p.a.
6.99% p.a. for 12 months and then 21.49% p.a. (1.00% balance transfer fee)
$59
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$450
Qantas Frequent Flyer
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20.74% p.a.
0% p.a. for 28 months and then 20.99% p.a.
$129 $0 in the first year
Velocity Frequent Flyer
St.George
Vertigo
13.99% p.a.
0% p.a. for 32 months and then 21.49% p.a.
$55 $0 in the first year
American Express
Platinum Edge Credit Card
20.74% p.a.
No current offer
$195
Membership Rewards
American Express
Cashback Credit Card
20.74% p.a.
No current offer
$120 First year monthly fees waived for online applications, new card members only., $0 in the first year
Cashback Rewards
NAB
Low Rate Card
12.99% p.a.
0% p.a. for 32 months and then 21.74% p.a.
$59 $0 in the first year
American Express
Qantas Ultimate Card
Qantas Frequent Flyer
$450
100,000
1.25 points uncapped
Westpac
Altitude Platinum
Qantas Frequent Flyer
$200 $99 in the first year
70,000
0.5 points up to $100,000/year
American Express
Platinum Edge Credit Card
Membership Rewards
$195
30,000
1 point uncapped
St.George
Amplify Rewards Platinum
Qantas Frequent Flyer
$99
60,000
0.5 points up to $100,000/year
NAB
Qantas Rewards Premium Card
Qantas Frequent Flyer
$250 $150 in the first year
70,000
0.66 points up to $3,000/month, then
0.33 points up to $6,000/month
St.George
Amplify Rewards Platinum
Rewards
$99 $29 in the first year
100,000
1 point uncapped
HSBC
Platinum Credit Card
0% p.a. for 36 months and then 21.99% p.a.
19.99% p.a.
$129 $29 in the first year
Rewards Plus
St.George
Amplify Rewards Platinum
0% p.a. for 24 months and then 21.49% p.a. (1.00% balance transfer fee)
19.49% p.a.
$99
Qantas Frequent Flyer
Virgin Money
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
0% p.a. for 28 months and then 20.99% p.a.
20.74% p.a.
$129 $0 in the first year
Velocity Frequent Flyer
St.George
Vertigo
0% p.a. for 32 months and then 21.49% p.a.
13.99% p.a.
$55 $0 in the first year
St.George
Amplify Rewards Signature
0% p.a. for 24 months and then 21.49% p.a. (1.00% balance transfer fee)
19.49% p.a.
$279
Qantas Frequent Flyer
Westpac
Low Rate
6.99% p.a. for 12 months and then 21.49% p.a. (1.00% balance transfer fee)
13.74% p.a.
$59
Virgin Money
No Annual Fee Card
0% p.a. for 12 months then 18.99% p.a.
0% p.a. for 12 months and then 20.99% p.a.
$0
Westpac
Low Rate
13.74% p.a.
6.99% p.a. for 12 months and then 21.49% p.a. (1.00% balance transfer fee)
$59
St.George
Vertigo
13.99% p.a.
0% p.a. for 32 months and then 21.49% p.a.
$55 $0 in the first year
Virgin Money
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
20.74% p.a.
0% p.a. for 28 months and then 20.99% p.a.
$129 $0 in the first year
NAB
Low Rate Card
12.99% p.a.
0% p.a. for 32 months and then 21.74% p.a.
$59 $0 in the first year
Virgin Money
Virgin Australia Velocity Flyer Card - Bonus Points Offer
20.74% p.a.
0% p.a. for 18 months and then 20.99% p.a.
$129 $64 in the first year
