Westpac Bank has a range of credit cards on offer. For a limited time they are offering a promotional rate on balance transfers across their range of credit cards. Find out more on how to take advantage of the Westpac balance transfer deal.
If you are looking for a special balance transfer offer then the limited-time promotional offer from Westpac will be of interest to you. The promotional Westpac balance transfer deal is available across their range of credit cards for new customers of Westpac. We will focus on the Westpac Low Rate credit card in this article, as it has one of the better standard interest rates on offer among the eligible Westpac cards.
Westpac Low Rate Visa or MasterCard makes life less complicated with low balance transfer and purchase rates, low annual fee, long interest free days and global acceptance.
- 0% p.a. for 6 months (reverts to 13.49%p.a.) on purchases
- 0% p.a. for 6 months on balance transfers
- $45 annual fee
- 21.49% p.a. on cash advances
Westpac Credit Card Comparison:
| Interest Rate (p.a.) | Balance Transfer Rate (p.a.) | Annual Fee | Cash Advance Rate (p.a.) | |||
|---|---|---|---|---|---|---|
 Westpac Low Rate Card |
Easy to manage card for your basic needs. A card with low rates on purchases and on balance transfers up to 9 months. | 0% for 6 months (reverts to 13.49%) | 0% for 6 months | $45 | 21.49% |   |
Westpac 55 Day Credit Card |
Spend $0 on interests! Westpac 55 Day Credit Card offers you 0% interest on your purchases for 5 months and up to 55 days interest free on purchases henceforth. | 0% for 5 months (reverts to 19.59%) | 3.99% for 6 months | $0 | 21.49% | |
 Westpac Earth Classic |
Accumulate points faster with the Westpac Earth Credit Card Rewards Program by using two credit cards in just one account. It gets even better with a no points capping feature and 0.99% p.a. on balance transfers for up to 9 months |
19.99% | 0.99% for 6 months | $75 | 21.49% | |
 Westpac Earth Gold Card |
Easily increase your rewards points by choosing American Express or Visa when you shop using the Westpac Earth Gold Card. Travel with style when you earn Qantas Frequent Flyer points and get free travel insurance. |
19.99% | 0.99% for 6 months | $125 | 21.49% | |
 Westpac Earth Platinum Cards |
Packed with upscale travel insurance and benefits which cost less than your usual platinum cards. No wonder it deserves a Canstar Cannex 5 star rating. | 19.99% | 0.99% for 6 months | $250 | 21.49% | |
 Westpac 55 Day Gold Card |
Now you can indulge in some retail therapy because Westpac 55 Day Gold Card has got you covered with $0 annual fee in the first year, up to 55 days interest free on purchases and complimentary insurances for travel, transit accident, purchase cover and extended warranty. It will definitely be hard not to give in especially with Westpac 55 Day Gold Card’s low balance transfer offer for the first 9 months. |
19.59% | 3.99% for 6 months | $90 | 21.49% | |
 Westpac 55 Day Platinum Card |
Westpac 55 Day Platinum card combines the amazing features of the 55 Day Gold Card with Platinum privileges such as complimentary rental vehicle insurance cover and 24/7 concierge service for global assistance for your travel, accommodation and entertainment needs. |
19.59% | 3.99% for 6 months | $130 | 21.49% | |
 Westpac Altitude Card |
It’s time for you to soar using Westpac Altitude credit card which lets you earn up to 2 bonus Altitude points per dollar spent. Make your first purchase and receive 5,000 bonus Altitude points. Altitude points can be redeemed for flights on major airlines. | 19.99% | 3.99% for 6 months | $100 | 21.59% | |
 Westpac Altitude Gold Cards |
Westpac Altitude Gold is like a gold nugget on the palm of your hands with its Standard Altitude Card features made even better by increasing bonus Altitude points to 10,000 when you make your first purchase, including complimentary insurances for travel, transit accident, purchase security and extended warranty and a 24/7 Priority Service Line to answer all your inquiries regarding your card. |
19.99% | 3.99% for 6 months | $150 | 21.59% | |
 Westpac Altitude Platinum Cards |
Feel the difference of travelling with a Westpac Altitude Platinum Card. It bundled up the great benefits of the Gold Altitude Card with the exclusive privileges of a Platinum Card including 15,000 bonus points on your first purchase, 24/7 Platinum Concierge Service and the chance to earn up to 3 Altitude points per dollar spent. |
19.99% | 3.99% for 6 months | $295 | 21.59% | |
 Westpac Singapore Airlines Gold |
Earn KrisFlyer miles with your everyday purchases using the Singapore Airlines Westpac Gold Card. Receive 5,000 KrisFlyer miles with your first purchase and earn $1 KrisFlyer miles for every dollar spent. This card is also loaded with savings such as a $50 discount by paying only $75 annual fee for the first year and a low 0.99% p.a. on balance transfers for up to 9 months. |
19.49% | 0.99% for 6 months | $125 | 20.74% | |
 Westpac Singapore Airlines Platinum |
Double the prestige with Westpac Singapore Airlines Platinum where you get two Platinum cards in one account. Receive 10,000 bonus KrisFlyer miles on your first purchase and earn up to 1.5 KrisFlyer miles for every $1 spent on your daily purchases. Get 50% off on your annual fee for the first year by paying only $125. |
19.49% | 0.99% for 6 months | $250 | 20.74% | |
Benefits of the Westpac Low Rate card
The following points illustrate the primary benefits of this card:
- Modest Annual Fee – The $45 annual fee on the credit card itself is a good bargain compared to many other cards. If paired with a balance transfer, and then subsequent closure of other credit card accounts this will lead to immediate savings in the form of lower combined annual fees.
- Low Interest on purchases – The standard interest rate charged on purchases with this card is 12.74% p.a., a very competitive figure. You many safely continue to use the card after the promotional balance transfer period ends and rest assured of availing one of the lowest interest rates in the market.
- Interest Rate on cash advances is 20.74% p.a. – In line with most card providers and banks.
- Interest Rate on balance transfers – The special promotional rate of Westpac balance transfer is 0.99% for the first 9 months. Both the promotional period and the interest rate charged deviates widely from market averages. The average promotional period is 6 months on balance transfers, while Westpac is offering 9. The average interest rate is 6%, almost 3 times higher than what is on offer from Westpac.
How to apply
To take advantage of this special Westpac balance transfer promotion you need to hurry, as it is only available for a limited time.
Complete the online application form for a new Westpac credit card. Choose the Westpac Low Rate card in your application form, and fill in the balance transfer details in the appropriate section of the form. Once your application is approved, and you receive your new card, activate the card immediately. The balance transfer transaction is counted from the day the new card is activated and in use.
Posted on Thursday, April 29th, 2010 at 1:04 am
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