Westpac 55 Day Credit Card Application
Introductory purchase rate of 0% for the first 5 months and 3.99% on balance transfers for 6 months. Get a low annual fee of $30, which is waived in the first year and up to 55 days interest free on purchases.
Westpac 55 Day Credit Card Rates and Fees
Purchase rate
0% p.a. on purchases
Balance transfer rate
3.99% p.a. for 6 months
Cash advance rate
21.49% p.a. on cash advances
Annual fee
$30
Pros
Cons
- 3.99% p.a. for up to 6 months on balance transfers
- 0% p.a. on Purchases for the first 5 months
- Up to 55 days interest free on purchases
- After the balance transfer period of 6 months, the remaining balance reverts to the cash advance rate of 21.49% p.a.
- Standard interest rate on purchases is 19.59% p.a.
Westpac 55 Day Credit Card Application Criteria
- You must be at least 18 Years of Age
- You must be a Permanent Resident or Australian Citizen
- You must have a Good Credit History
- You must earn the Minimum Income Required
Terms and Conditions
1.The introductory rate of 0% p.a. on purchases for the first 5 months is only applicable on credit purchases made using your 55 Day card within 5 months from the date your account is opened. After that 5 month period, the introductory purchase interest rate of 0% p.a. will switch to the standard purchase interest rate, (currently 19.59% p.a. and subject to change) then applicable to your product. The introductory rate is applicable to credit purchases only and excludes cash advances and balance transfers. Promotion is only available for a limited time and excludes customers who obtain a 55 Day card as part of a Westpac package; or who switch from an existing Westpac card. The introductory rate on purchases is not available in conjunction with any promotion other than a special balance transfer promotion available at card application. 2.This special rate is only available to customers who are applying for a new 55 Day card and request to transfer the balance(s) from a non-Westpac credit card(s), charge card(s) or store card(s). This promotion is only available at point of application. Subsequent balance transfers will be charged at the standard purchase interest rate (currently 19.59% p.a. and variable) and will be treated as purchases with no interest free days applying to them. Payments made to your credit card account are first applied to any amounts transferred from other credit cards, charge cards or store cards under this promotion, before they are applied to any other purchase or cash advance amount. This means that the portion of your outstanding account balance that is subject to a lower interest rate will be paid off first. You will not gain the benefit of the interest free period on credit purchases until the full balance (including any balance transfer and any other promotional amount) is paid by the statement due date each month. After 6 months the balance transfer rate will switch back to your credit card's standard variable interest rate for purchases then applicable to your card account. Each balance transfer must be a minimum of $200. 3.Interest on cash advances is calculated from the date the transaction is debited to your card account. MasterCard ® and the MasterCard Brand Mark are registered trademarks of MasterCard International Incorporated. Visa is a registered trademark of Visa Worldwide PTe Limited.