Westpac Low Rate Card

credit card

Low Rate Card is a credit card from Westpac, as the bank publishes it in its product data. Its purchase rate is 13.74% and its card fee $84 a year ($7 a month). It ranks 8th of 22 issuers for a personal card by the length of its balance transfer offer.

What the feed states

Purchase rate

13.74%

Cash advance rate

21.99%

Interest-free days

up to 55

Card fee

$84 a year ($7 a month) (Monthly Card Fee)

Fee offer

Card Fee Waiver

Foreign transaction fee

3% of the transaction

Cash advance fee

3.5%

Late payment fee

$20

Balance transfer offer

0.00% for 20 months (3% fee, then 21.99%); for new cards

Cashback offer

$450

Digital wallets

Garmin Pay, Apple Pay, Google Pay, Samsung Pay

Instalment plans

offered

Additional cardholders

up to 1

Credit limit

$500 to $50,000

Minimum income

$30,000 a year

Minimum age

18

Scheme

Mastercard

Conditions and offers

• 0.00% on balance transfers for 20 months, 3% transfer fee, then 21.99% (the cash advance rate); new cards
• the first-year fee waiver in the feed is for the bank's existing customers only
• credit limit $500 to $50,000
• minimum income $30,000 a year
• offers for new cards only; not if you held any Westpac credit card in the last 24 months
• card fee waived in the first year with the new-card cashback offer
• $450 cashback: $75 for each month with $1,000+ spend in the first 6 months
• from 30 November 2026: purchase rate 13.74% to 14.99%, cash advance rate 21.99% to 24.24%, minimum payment 2.5% or $25

Who can apply, in the bank's words

• Customer having a regular, verifiable Australian taxable income.
• Customer having a fixed, verifiable residential address in Australia.

About this card

Our Low Rate Card provides a lower interest rate on purchases, plus a lower monthly card fee to help reduce your credit card costs.

Data

• Westpac's own page for this card.
• The issuer's documents its feed links to: terms and conditions, fees, eligibility.
• Our verbatim snapshot of the bank's product record (source), as fetched on 2026-10-30.
• The issuer's Key Facts Sheet.
• /au/finance/credit-cards/v1/brands/westpac.json: this issuer's cards as JSON; Westpac's page lists them.
• The bank last updated this record on 2026-10-29; the dataset's data is as of 2026-11-12. Rates are per annum as the issuer states them; "stale" means the bank has not updated the record for over 180 days.

Other cards at Westpac

• Altitude Black Rewards World Mastercard credit card, 23.98%, $295 a year
• Altitude Business Gold credit card, 20.24%, $150 a year
• Altitude Business Platinum credit card, 20.24%, $200 a year
• Altitude Qantas Black credit card, 23.98%, $295 a year
• Altitude Qantas Platinum credit card, 23.98%, $175 a year
• Altitude Rewards Platinum credit card, 23.98%, $175 a year
• Altitude Velocity Black credit card, 23.98%, $295 a year
• Altitude Velocity Platinum credit card, 23.98%, $175 a year
• BusinessChoice Everyday credit card, 14.25%, $75 a year
• BusinessChoice Rewards Platinum credit card, 20.24%, $150 a year
• Lite Card credit card, 9.90%, $108 a year
• Low Fee Card credit card, 20.99%, $30 a year