Westpac Low Rate Cashback Credit Card

The basics

• Additional cardholders. You can add an additional cardholder for free, allowing you to share the account with a family member. The account holder will be responsible for managing the account and for any repayments.
• Digital wallets. This card is compatible with Apple Pay, Google Pay, Samsung Pay, Fitbit Pay, and Garmin Pay.
• Gambling transactions. Gambling transactions are not allowed with this card.

Rewards and benefits

• Complimentary travel insurance. The Westpac Low Rate Cashback Credit Card does not provide complimentary international travel insurance coverage.
• Concierge services. The Westpac Low Rate Cashback Credit Card does not offer a concierge service.
• Insurances. This card offers repayment insurance and fraud protection.
• Rewards points. This credit card does not have a rewards program.
• Sign-up bonus. Westpac offers a sign-up bonus of $350 cashback when you spend over $1,000 on eligible purchases within the first 7 statement periods after card approval.

Rates and fees

• Annual fee. There is a $59 p.a. annual fee for this card.
• Balance transfers. The Westpac Low Rate credit card comes with the option of a 0% p.a. balance transfer for 28 months with a 2% balance transfer fee. This reverts to the variable cash advance rate after 28 months.
• Cash advances. Cash advances with the Westpac Low Rate Cashback Credit Card are subject to a 21.49% p.a. interest rate, with interest accruing immediately. Westpac will charge a one-off fee to process cash advances with this card.
• Foreign exchange fee. Any purchases made in a foreign currency, either at home or abroad, will incur a 3% fee.
• Interest-free period. Enjoy up to 55 days interest-free on purchases with the Westpac Low Rate Cashback Credit Card when you pay off your previous balance in full or make the minimum required payment.
• Purchases. The Westpac Low Rate Cashback Credit Card has an ongoing purchase rate of 13.74% p.a., with no introductory offer.