- $0 Annual card fee in the first year
- Low standard annual fee of $30 p.a.
- No annual fee every year after when you spend $5,000 or more on purchases each year.
6.99% for 12 months No BT fee. reverts to 21.49% p.a.
$0 first year. Then $30 p.a.
Marketing itself on the fact that it offers up to 55 days interest free on purchases, the Westpac Low Fee Credit Card is a basic credit card with one very enticing introductory offer. New cardholders benefit from $0 annual fee for the first year.
If you are unsure of your ability to keep to a repayment schedule, Westpac’s SmartPlan tool may be able to help. With SmartPlan, you can apply a manageable repayment plan to your balance transfer (or any outstanding purchase or cash advance), which could make it easier for you to pay off your credit card balance within a set period of time.
SmartPlan could be a great option for paying down a balance transfer, but it may also be useful if you purchase a big ticket item on your Westpac Low Fee Credit Card. You can start and stop the SmartPlan whenever you need, and you can use SmartPlan to track and manage as many as eight separate credit card balances or large purchases at once.
In general, the Westpac Low Fee Credit Card has a relatively high rate of interest on purchases and cash advances.
As a new cardholder, you will pay no annual fee in the first year. In following years, the card’s standard annual fee will be waived, as long as you spend $5,000 on the card within that 12 month period. The card also offers basic features, like the ability to lock your card if you misplace it, to set up auto-payments, and to use a Mobile Wallet and leave your card at home.
Providing all the basic features you need on a simple, no frills credit card, the Westpac Low Fee Credit Card’s big incentive is its offering of $0 annual fee for the first year.
Purchase rate 20.09% p.a.
Cash advance rate 21.49% p.a.
Interest free period on purchases up to 55 days
Balance transfer rate 6.99% p.a. for 12 months
Balance transfer revert rate 21.49% p.a.
Balance transfer from personal loan No
Balance transfer fee No fee
Balance transfer limit 80% of approved credit limit
Banks you can't balance transfer from Westpac
Minimum credit limt $500
Maximum credit limit $30,000
Annual fee $30 p.a.
Additional card holder fee $0 p.a.
Foreign transaction fee 3%
Minimum repayment 2%
Annual fee the first year $0
Cash advance fee 2%
Late payment fee $15
International Travel Insurance No
Flight Inconvenience Insurance No
Transit Accident Insurance No
Smartphone Screen Insurance No
Purchase Protection Insurance No
Extended Warranty Insurance No
Rental Vehicle Excess In Australia Insurance No
The Westpac Low Fee credit card gives you $0 annual fee in the first year, and no annual fee every year after when you spend $5,000 or more on purchases each year. Other standard features include up to 55 days interest free on purchases and the convenience of Tap & goTM using your Mastercard®.
Disclaimer: The interest free period is the maximum number of days during which interest is not charged on new purchases. If your account has an interest free period for purchases, to be entitled to that interest free period, you need to pay off the “monthly payment balance” listed on your statement of account (not the full closing balance) by the relevant payment due date.
Mastercard is a registered trademark, and the circles design and tap & go are trademarks of Mastercard International Incorporated.
Be over 18 years old
Good Credit and have not applied for multiple credit cards recently
Resident or citizen of Australia. Temporary residents are eligible.
Minimum income of $15,000 p.a.
You have your personal details ready to complete the online application
Roland B Bleyer founded Creditcard.com.au in 2005 and has extensive knowledge about credit cards. He personally answers all questions and write the editor reviews for each card here. Always keen to share his passion to educate consumers and help you select better suited credit cards.
Something you need to know about this card? Ask a our credit card expert a question.Ask a question