The Westpac Lite Card certainly is light on interest rate charges and fees! It comes with a 9.90% p.a. purchase rate and no late payment or foreign exchange fees whatsoever - part of the reason why it took out two 2019 Mozo Experts Choice Travel Money Awards in the best Travel Credit Card and best Low Rate Travel Credit Card Credit categories. Limits can range from $500 to $4,000 so it’s a great option for moderate spenders.
Westpac’s Lite Card is the bank’s lowest rate credit card on offer at only 9.90% p.a. Unlike most credit cards, it doesn’t have a lump sum annual fee, instead you’ll pay monthly card fee of $9 for the card, which totals to $108 per year. You’ll get up to 45 days interest free (as long as you pay your balance in full each month) and you can add a second cardholder free of charge if you choose.
The Lite card comes with microchip functionality so you can Tap and Go to make purchases under $100.
It is a great card to use for travel or shopping online at overseas stores as there is no foreign exchange fees, which on other cards can be as high as 3%.
The good news is that if you accidentally miss your credit card due date you won’t be slugged with any late payment fees. But don’t use this as an excuse, late payments still get recorded on your credit file so it is best to set up a direct debit from your bank account on the due date.
The Lite Card could be good for Aussies who want a no frills low rate credit card that they can use overseas, without having to pay high foreign exchange fees.
If you’re looking to transfer existing debt over to a Westpac Lite Card, keep in mind that it does not offer this option. There isn’t a cash advance feature either, so you may want to store a backup in your wallet for emergency cash withdrawals.
While you won’t get charged a lump sum annual fee with the Lite Card, you will be paying $9 a month to keep the card active which works out to be $108 over 12 months. If you do pay off your balance in full each month or want a card with a higher credit limit you might be better off opting for Westpac’s Low Rate Card - otherwise, go check out no annual fee cards in our database.|
9.90% p.a. |
|
|
none |
|
|
No current offer |
|
|
none |
|
|
none |
|
|
45 |
|
$108.00 |
|
|
none |
|
|
none |
|
|
none |
|
|
$0.00 |
|
|
none |
|
|
0% |
|
|
$0.00 |
|
|
$0.00 |
|
|
$0.00 |
|
$10.00 |
|
|
2.0 |
|
|
1 |
|
|
$4,000 maximum credit limit. No Cash Advances. |
Apple Pay, Google Pay, Samsung Pay, Fitbit Pay, Garmin Pay
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.
I’d recommend westpac to everyone.
Read full reviewI’d recommend westpac to everyone.
Quite happy with it.
Read full reviewQuite happy with it.
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
Low Rate
13.74% p.a.
0% p.a. for 28 months and then 21.49% p.a. (1.00% 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
Bendigo Bank
Low Rate Credit Card
0% p.a. for 20 months then 11.99% p.a.
0% p.a. for 20 months and then 11.99% p.a. (2.00% balance transfer fee)
$45
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
NAB
Low Rate Card
12.99% p.a.
0% p.a. for 32 months and then 21.74% p.a. (0% balance transfer fee)
$59 $0 in the first year
Bank of Melbourne
Vertigo
13.99% p.a.
0% p.a. for 32 months and then 21.49% p.a.
$55 $0 in the first year
BankSA
Vertigo
13.99% p.a.
0% p.a. for 32 months and then 21.49% p.a.
$55 $0 in the first year
Great Southern Bank
Low Rate Credit Card
11.99% p.a.
0% p.a. for 33 months and then 21.74% p.a.
$49 $0 in the first year
American Express
Platinum Edge Credit Card
20.74% p.a.
No current offer
$195 $0 in the first year
Membership Rewards
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
75,000
0.5 points up to $100,000/year
St.George
Amplify Rewards Platinum
Rewards
$99 $29 in the first year
100,000
1 point uncapped
American Express
Platinum Edge Credit Card
Membership Rewards
$195 $0 in the first year
No current offer
1 point uncapped
David Jones
American Express Card
Qantas Frequent Flyer
$99
No current offer
0.5 points uncapped
Bank of Melbourne
Amplify Rewards Platinum
Rewards
$99 $29 in the first year
100,000
1 point uncapped
American Express
Cashback Credit Card
Cashback Rewards
$120 $0 in the first year
No current offer
1 point uncapped
Bendigo Bank
Low Rate Credit Card
0% p.a. for 20 months and then 11.99% p.a. (2.00% balance transfer fee)
0% p.a. for 20 months then 11.99% p.a.
$45
Bank of Melbourne
Vertigo
0% p.a. for 32 months and then 21.49% p.a.
13.99% p.a.
$55 $0 in the first year
BankSA
Vertigo
0% p.a. for 32 months and then 21.49% p.a.
13.99% p.a.
$55 $0 in the first year
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
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 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
Bank of Melbourne
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 $29 in the first year
Rewards
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
Bendigo Bank
Low Rate Credit Card
0% p.a. for 20 months then 11.99% p.a.
0% p.a. for 20 months and then 11.99% p.a. (2.00% balance transfer fee)
$45
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
BankSA
Vertigo
13.99% p.a.
0% p.a. for 32 months and then 21.49% p.a.
$55 $0 in the first year
Great Southern Bank
Low Rate Credit Card
11.99% p.a.
0% p.a. for 33 months and then 21.74% p.a.
$49 $0 in the first year
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
Bank of Melbourne
Vertigo
13.99% p.a.
0% p.a. for 32 months and then 21.49% p.a.
$55 $0 in the first year
Bendigo Bank
Low Rate Credit Card
0% p.a. for 20 months then 11.99% p.a.
0% p.a. for 20 months and then 11.99% p.a. (2.00% balance transfer fee)
$45
NAB
StraightUp Card
0% p.a.
No current offer
$120 $10/month - waived if no spend & no balance owing
BankSA
No Annual Fee
0% p.a. for 12 months then 20.74% p.a.
No current offer
$0
NAB
StraightUp Card
0% p.a.
No current offer
$180 $15/month - waived if no spend & no balance owing
