Westpac Low Rate Credit Card | Compare, Review & Apply

Westpac Low Rate Credit Card

Card features
required income
purchase rate
annual fee
Westpac Low Rate Credit Card
Apply by 02 dec 20
38 reviews
Westpac Low Rate Credit Card
Enjoy 0% p.a. for 20 months on balance transfers (terms and conditions apply).
Get $200 Cashback on eligible purchases (terms and conditions apply).
Up to 55 days on purchases
Add to comparison
13.74% p.a.

Pros & cons

What's good?

What's not so good?

Enjoy 0% p.a. for 20 months on balance transfers with 1% balance transfer fee. Reverts to variable cash advance rate.
Get $200 Cashback when you spend $1,000 on eligible purchases within 90 days of card approval.
Low purchase rate of 13.74% p.a..
Tap & go™ quickly and easily using your Mastercard® for a faster transaction.
Low minimum income threshold of $15,000 needed for eligibility.
Know if you’ve been approved with the quick 60-second online application.
852 branches and phone support in Australia.
The balance transfer offer is for new card applications only..

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 is a trademark of Mastercard International Incorporated.

Disclaimer (2): Reviews rely upon third party information that may not be correct or may be changed without Credit Card Compare’s knowledge. You must carefully consider your own circumstances before making any commitments and confirm all offers and terms with credit card providers before accepting them. Please refer to our T&Cs for more.

User reviews

3.7 out of 5.0 based on 38 reviews84% of reviewers would recommend this card

Rates and fees
Customer service

Reviews from users

Low interest means no worries about overspending

Reviewed and recommended by Cheryl on 26 Apr 2017

It’s a card with very low interest . I don’t have to be worried about overspending when I’m doing my shopping.

I can use my card anywhere, even overseas, with a very low interest rate. My credit card is ideal for me, since sometimes I’m on a tight budget. So far, I am very happy with it.

No fees, but poor service

Reviewed and not recommended by Lora on 26 Sep 2016

i got this card after becoming an aged pensioner to save on the annual fee, which is zero. But regretfully, the customer service has been downright terrible, as, in my opinion, as soon as customer service gets the card’s number the call is always allocated to a junior with inadequate knowledge and training. Thus, the outcome has been unsatisfactory.

i don’t trust that customer service can make sure that all amounts which were lost by unauthorised use of my card can be refunded, as was the case on 21st January 2016 when that happened to me. That is, two amounts were not authorised by me but only the larger one was refunded, based on the implausible reason that I did not submit separate requests for each one, even though i did claim on one form for both at first as they were from the same organisation on the same date. i did, however, make two separate claims, after I was asked to do that. But Westpac claimed that only the first one was received, despite the fact that I mailed both in the same reply paid envelope, enclosed in the bank’s letter to me.

Appallingly, after four phone calls, three letters from the bank and three forms, filled correctly and posted in the bank’s reply paid envelope by me, about an event taking place on the same date, but for two different amounts immediately one after another and debited from my account by the same organisation, to add insult to injury Westpac sent me two more letters. The first letter informed me that my request for the refund of the second amount was rejected. The second letter informed me that my request form for that refund was not received by the due date, even though it was posted before the due date in their reply paid envelope by me, and I also informed them by phone that same day. i was advised that though I posted it before the due date, that particular section received and opened it after the due date.

I’m keeping all relevant information (i.e Westpac’s letters and mine as well) as the record of the saga, from 21st January 2016 up to the present date, as per the entries in my diary. I’m in the process of changing my credit card type and its provider, informing all the aged pensioners from our local senior citizens club as well as informing others via the Senior Citizens Card NSW, so that they don’t subject themselves to the above credit card service’s appalling treatment, as I did.

Suitable for daily usage, but needs more rewards

Reviewed and recommended by Faisal on 26 Sep 2016

It is very suitable for everyday usage and has low fees.

I have had good customer service also, and being able to be with Westpac is a great benefit.

I recommend using it for day-to-day purposes. Only, it is not that rewarding and I wish it had more rewards.

Basic card with low interest rate

Reviewed and not recommended by Deborah on 25 Sep 2016

This card is a basic no-frills card. It has no reward program but it does have a reasonable annual fee and the same low interest rate for purchases and cash advances.

It’s a decent card for use overseas, with an option to notify Westpac when travelling overseas so that the card is not blocked as a security measure.

Lower interest rate card

Reviewed and recommended by Avron on 21 Sep 2016

This is a good card with no frills, and the customer service is also great with Westpac. If you have any issues they resolve them quickly at onshore call centres.

The lower interest rate is a bonus. Westpac give special offers from time to time by reducing the interest rate even lower. If you are not looking for rewards this is a good option.

The original name of this card was 'Ignite’.

Excellent protection against fraud

Reviewed and recommended by Tanya on 21 Sep 2016

Fake telemarketers tried to get into my bank account. Westpac stopped it ASAP and rang to tell me. It’s happened a few times and now we have sorted it out, and it’s been reported. Customer service was so helpful, and I was so pleased to have an excellent and trustworthy company to protect my money for my four babies.

Low interest rate and good service

Reviewed and recommended by Catherine on 20 Sep 2016

The low interest rate is good, but only if you can pay off the amount quickly. Otherwise you are just paying off the interest and it’s hard to catch up.

Overall it’s a good card and Westpac are fantastic to deal with. They always provide great customer service. I recommend this card.

Great security service

Reviewed and recommended by Karly on 20 Sep 2016

Good low-rate credit card with good interest-free days. No rewards attached however, but this is the only downside.

Someone took my details recently and fraudulently started spending. Westpac contacted me within a couple of hours to advise me this had happened, and put a block on the card. Great service.

The card to use for starting out

Reviewed and recommended by Tara-Mae on 31 Aug 2016

This low rate card is perfect for any person wanting to go for their first credit card, and not get signed into something that isn’t right for them. It’s a simple process, the staff at the branches make it easier to understand and it’s extremely affordable for those not wanting to spend too much money.

Excellent no frills card

Reviewed and recommended by Brian on 22 Jul 2016

This Westpac card is ideal for people who don’t care about rewards programs but want a solid card without paying over the moon for interest.

Interest free periods, minimum repayment amounts and credit limits are all excellent, and for people who don’t pay everything off every month, interest charges on the card are moderate, especially when compared to some 'rewards’ cards.

Show 28 more reviews
Disclaimer: The opinions expressed about credit cards are the reviewer's alone, and do not reflect the views of Credit Card Compare or the credit card issuer. Reviews have not been approved or otherwise endorsed by Credit Card Compare.

The basics

About this card

Card setup
Card tier
Card type
Card use
Credit rating
Gambling transactions allowed
Joint application
Minimum age
18 years old
Minimum income
Minimum income for pensioners
Same as standard
Rewards program
Temporary residents


Additional cardholders
Additional card fee
$0 p.a.

Credit limits

Minimum credit limit
Maximum credit limit


Interest charged from
Purchase date
Interest free period
Up to 55 days on purchases
Minimum repayment

Balance transfers

The offer

Interest ratePeriodFeeLimitRevert rate
Balance transfers0% p.a.20 months1%80% of credit limit21.49% p.a.

Balance transfers to this card

Balance transfer earns rewards
Balance transfer fee payment due
First statement
Balance transfer from personal loan
Balance transfer processing time
10 - 14 days
Interest free days with unpaid balance
0 days
Maximum balance transfer
80% of credit limit
Available to existing customers

Banks you can't balance transfer from

You can't balance transfer to the Westpac Low Rate Credit Card at the promotional balance transfer rate from:

  • Westpac

Rates & fees

Promotional interest rates

Interest ratePeriodFeeLimitRevert rate
Balance transfers0% p.a.20 months1%80% of credit limit 21.49% p.a.
PurchasesN/AN/AN/AN/A N/A

Ongoing interest rates

Cash advances 1.79% 21.49% p.a.
Purchases 1.15% 13.74% p.a.


Annual fee
$59 p.a.
Cash advance fee
Dishonour fee
Duplicate statement fee
Foreign exchange fee
Late payment fee
Over limit fee
Overseas ATM balance fee
Overseas ATM withdrawal fee
Overseas emergency card replacement fee
Transaction verification fee

Minimum criteria for this card

What you need before applying

Be over 18 years old
You are a resident or citizen of Australia
Earn a regular income of more than $15,000 per year
You have your personal details ready to complete the online application
Have not applied for multiple credit cards recently
Temporary residents are eligible
Age Pension, Disability Pension, Veteran's Pension and Widower's Pension are acceptable.
Austudy, Child Support Payments, Family Tax Benefits and Parenting Payments, Foster Care Allowance and Youth Allowance are acceptable.
Joint applications are not allowed
Overseas Pension is not acceptable.
Carer's Allowance is not acceptable.
Disclaimer: The minimum criteria are intended only to be a guide. Your application may still be rejected by the bank even if you can answer 'Yes' to all the minimum criteria. The final decision regarding your application is up to the bank.

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People are happy
Rated 4.8 out of 5 for customer satisfaction.
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