Westpac Low Rate Credit Card in Australia 0% Balance Transfers for 28 Months, Smartplan and $59 Annual Fee
Westpac Low Rate Credit Card puts 0% balance transfers for 28 months and Smartplan instalments to work so you can tackle debt and keep costs down with a $59 annual fee, ideal for everyday Aussies
Features and fees that make sense for everyday Aussies
The Westpac Low Rate Credit Card is built for people who want low ongoing costs: a $59 annual fee, a purchase rate around 13.74% p.a. and contactless Mastercard convenience. It’s straightforward — no flashy perks, just sensible pricing and the essentials you need for day-to-day spending and occasional bigger buys.
It also supports mobile wallets like Apple Pay, Google Pay and Samsung Pay, and allows an additional cardholder at no extra cost. Overseas spending attracts a 3% foreign currency conversion fee and cash advances carry a 3% fee, so plan ahead when travelling or drawing cash.
0% balance transfers for 28 months and Smartplan instalments
One of the headline features is 0% balance transfers for 28 months, which makes the Westpac Low Rate Credit Card a strong option for consolidating costly debt. A one-off 2% balance transfer fee applies, and any remaining balance after the promo reverts to around 21.49% p.a., so clear the debt before the intro ends.
Smartplan turns bigger purchases into instalments on the same card, letting you spread repayments over months with clearer budgeting. Combining the 0% balance transfer offer with Smartplan gives Aussies flexibility to tackle existing balances and manage new purchases without surprise interest.
Who’s eligible and how to apply in Australia
Eligibility is typical for Australian-issued credit: you generally need to be 18+, provide ID, income details and meet a minimum income benchmark (often around $30,000 p.a.), though temporary residents can sometimes apply. Westpac will assess employment status, annual income and existing debts when setting your credit limit.
The application asks for personal details, proof of identification and employment information; you can apply online or in-branch. If approved, your credit limit may range from $500 up to around $50,000 depending on your situation and credit history.
Everyday use, security and tips to get the most value
Use the Westpac Low Rate Credit Card for essentials and balance transfers rather than chasing rewards; its strength is low-cost borrowing. Activate mobile payments and contactless tap-and-go for convenience, and consider adding Smartplan for planned purchases to avoid high interest on large buys.
Keep an eye on promotional end dates and any remaining balance that could attract the higher post-intro rate. Read the Product Disclosure Statement, compare balance transfer maths including the 2% fee, and treat this card as a practical tool to reduce debt and control ongoing costs.