Westpac Credit Cards

Westpac credit cards review

Low rate credit cards

Westpac low rate card

The Westpac low rate card has a low purchase rate and annual fee. It currently has a cashback offer of $50 for each month where spending exceeds $1,000 on eligible purchases for the first seven months, up to $350.

Westpac Lite card

The Lite card has the lowest ongoing purchase rate at Westpac. It has a maximum credit limit of $20,000, and the interest free period is only 45 days compared to 55 days for the low rate card.

Flex card

The Flex card is Westpac’s no interest credit card. Where there is an outstanding balance, a $10 monthly fee applies. Balance transfers aren’t available.

Low fee card

The low fee card has the lowest annual fee available at Westpac.

Rates and fees

Rewards cards

There are several different rewards cards available at Westpac, known as the Altitude rewards program (presumably because they all have points that can be exchanged for travel related perks).

Altitude rewards

The Altitude rewards program has no fees on rewards. Points can be exchanged for retail gift cards, cashback, airline points at partners, the exclusive online store or Westpac’s unique ‘pay by points’ feature.

Points are earned as follows:

Altitude rewards platinum

• 3 points/$ on Qantas/Jetstar flights bought in Australia

• 2 points/$ on Uber, Uber Eats, Spotify Premium, Airbnb and on Overseas Spend

• 1 point/$ on all other eligible purchases

Altitude rewards black

• 6 points/$ on Qantas, Jetstar, Singapore Airlines and Emirates flights bought in Australia

• 2 points/$ at Spotify Premium, David Jones, Myer, THE ICONIC, Airbnb, Uber and Uber Eats

• 1 point/$ on all other eligible purchases

Altitude Qantas

With the Altitude Qantas rewards program, you can earn Qantas frequent flyer points from purchases. These can be exchanged for upgrades, flights, hotels, travel or any products from over 900 related brands. There is an annual Altitude Qantas rewards program fee of $75 that applies.

Points are earned as follows:

• Qantas rewards platinum: 0.5 points per $ spent on eligible purchases (up to $100,000)

• Qantas rewards black: 0.75 points per $ spent on eligible purchases (up to $250,000)

Altitude Velocity

Like the Altitude Qantas program, Westpac customers can also choose Velocity Rewards cards, where points can be exchanged for frequent flyer points with Virgin Australia and its partners. A $75 annual rewards fee also applies, and the points system is the same as with Qantas, except with no maximum limit on purchases.

Terms and fees

All the above products have the following terms and fees for the platinum and black versions of the rewards card.