Low Rate Card
By Westpac
Our Low Rate Card provides a low interest purchase rate plus a low annual card fee to help trim your credit card costs.
Last product change: 04 Jun 2025
Last checked: 14 Aug 2025
Lending Rates
| Type | Rate (p.a.) | Comparison Rate (p.a.) | Duration |
|---|---|---|---|
Cash Advance | 21.99% | - | |
Interest on cash advances | |||
Purchase | 13.74% | - | |
Interest on purchases | |||
Fees
| Billing Frequency | Details | |||
|---|---|---|---|---|
| Annual Card Fee | Periodic | $59.00 | P1Y | $59 annual card fee. |
| Foreign Transaction Fee | Transaction | 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. | ||
| Cash Advance Fee | Transaction | null | ||
| Missed Payment Fee | Event | $15.00 | $15 each statement cycle that the minimum monthly payment is not paid by the statement due date. | |
| Overlimit Fee | Event | $0.00 | $15.00 once per statement period if your credit card account was opened before 4 June 2012. No overlimit fee will be charged for personal credit card accounts opened on or after 4 June 2012. | |
| Non-Westpac Group ATM fee | Variable | Although not a Westpac fee, using your card in a non-Westpac Group or Westpac Group partner ATM may result in a charge to you. Avoid paying an ATM operator fee by using any Westpac, St.George, BankSA, Bank of Melbourne or select Westpac Group partner ATM. | ||
| Credit Card Surcharge | Variable | In some instances, businesses may administer a ?surcharge? for credit card payments. Usually, these are a percentage fee of your purchase amount. Ask the merchant if a surcharge applies and how much it is before paying if you?re unsure. | ||
| Balance Transfer Fee | Upfront | Balance Transfer promotion: 0% p.a. for 26 months on balance transfers, when requested at card application. 2% balance transfer fee applies. After 26 months any remaining balance transfer amount reverts to the variable cash advance rate. Eligible customers may only select one of the Low Rate Balance Transfer promotion and the Low Rate Cashback promotion. |
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Features
| Additional Cards | 1 additional card You can add one additional cardholder (16 years or older) at no extra cost. The primary cardholder is liable for all transactions made with either card. |
| Cashback Offers |
|
| Balance Transfer | Yes Low Rate Balance Transfer promotion: For balance transfers requested at card application. 2% balance transfer fee applies. After 24 months, the rate reverts to the variable cash advance rate. New cards only. Credit criteria and T&Cs apply. |
| Interest Free Period | 55 days Low Rate Balance Transfer promotion: For balance transfers requested at card application. 2% balance transfer fee applies. After 24 months, the rate reverts to the variable cash advance rate. New cards only. Credit criteria and T&Cs apply. |
| Loyalty Programs |
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