Westpac Low Rate Credit Card

The Westpac Low Rate Credit Card offers $400 cash back. Ongoing benefits include a low ongoing interest rate.


Updated 18 May 2022

* See details below

Expert Review

As the name suggests, the Westpac Low Rate credit card is one of Westpac's low interest rate products. Featuring a competitive Purchase interest rate of 13.74%, and including up to 55 interest free days, this product is great for minimising interest and managing cash-flow, if you want flexibility with your monthly repayment. Of the 200+ credit cards reviewed by Stay or Go, this card ranks among the best 25% lowest purchase rates. Further, the product has a $59 annual fee. As a result, this card ranks among the lowest 25% annual fee products.

Considering its key features, this card is most suitable to someone who wants the peace of mind that if they do need to pay interest from time to time, the rate will be competitive. Other benefits include no additional cardholder fees.

Product Details
Our Low Rate Card provides a low interest purchase rate plus a low annual card fee to help trim your credit card costs."
- Westpac
Rewards

No rewards program

Fees
Account Fees

$59 annual account fee

Additional Cardholder Fees

No additional cardholder fee

Up to 1 additional cardholder

Transaction Fees

3.00% international transaction fee

Other fees may apply.

Rates

13.74% p.a. purchase rate

21.49% p.a. cash advance rate

Up to 55 interest fee days on purchases

Offers
Cash Back Offer

$400cash back

Receive up to $400 Cashback when you take out a new Low Rate Credit Card. Get $100 for every $1,000 spent on eligible purchases for the first 4 statement periods from approval.
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TMD

Before applying for this product, you should read the Target Market Determination (TMD) available here on the Westpac website.

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Alternative Credit Cards
Stay or Go Pty Ltd (“Stay or Go”) provides information about and compares credit products in the Australian market and is authorised to do so as the holder of Australian Credit Licence 527092. We do not compare every credit product in the Australian market. We are not a credit provider and we do not provide credit assistance. When we provide information via this website, we are not providing you with a recommendation or suggestion about a particular credit product. When you apply for a credit product via our website, you are not applying with us, you are applying directly with the credit provider and will be redirected to their website. We endeavour to ensure that the information on this website is current and accurate however, before entering into any credit product with a credit provider displayed on our website, you should confirm the fees, rates, product information, and eligibility criteria with the credit provider and read the Target Market Determination (TMD) available via their website. All information on this website is general advice only and does not take into account your objectives, financial situation or needs. You should consider whether this advice is right for you and we encourage you to seek independent financial advice. The use of any trade name or trademark on this website is for identification, comparison and reference purposes only and does not imply any association with the trademark holder or their brand. Please refer to our Terms of Use for more details.
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