Compare Westpac Credit Cards

Different types of credit cards may have different eligibility criteria. However, in general, to apply for a Westpac credit card, you must meet the following criteria:

• at least 18 years old
• an Australian/New Zealand citizen or permanent resident OR;
• hold an acceptable Visa with a minimum of one year before its expiry
• A verifiable Australian taxable income
• a fixed, verifiable Australian residential address
• have a good credit history
• agree to a credit check

Before you apply, it could be a good idea to check your credit score.

For more information on eligibility requirements, visit the provider’s website.

First, check whether you are eligible to apply for a Westpac credit card. See above for the eligibility requirements.

If you meet the eligibility requirements, you can apply online or call Westpac on 1300 651 089.

Westpac also recommends having the following details when making an application:

• At least two documents for proof of identity (such as an Australian driver’s licence, Medicare card or passport)
• Current debts under your name (e.g. home loans, personal loans, other credit cards and instalment purchases such as zip pay or after pay)
• Proof of income and employment (such as payslips and bank statements)
• (if applying for Altitude Qantas or Velocity cards) Your frequent flyer member number
• All your regular monthly expenses

You will have to activate your Westpac credit card when it arrives before you are able to use it. You can activate the card through Westpac’s online banking or via the Westpac App. If you are a new customer, you’ll need to register for online banking first. You can call 1300 308 930 to register.

Westpac credit card interest charges are applied at the end of each statement period, but are calculated daily based on the amount outstanding on the card at the end of each day.

Westpac credit card account balance is divided into categories: Purchase Balance, Cash Advance Balance, Balance Transfer Balance(s), Plan&Pay Balance(s), and Other Balance.

To obtain the daily interest charges, the outstanding balance for each category is multiplied by their applicable Annual Percentage Rate(s) divided by 365. Interest charges due at the end of each statement period are calculated by totalling the combined daily values across each day of the statement period.

Interest-free Period

For the credit cards that are eligible for an interest-free period (period vary depending on the type of card), you have to pay all outstanding balances by the payment due date between each statement period to maintain the interest-free policies on eligible purchases. This interest-free period will end on the due date if the above requirement is not met.

Your credit limit for a Westpac credit card will be determined based on the information you provide in your application. Each credit card also has their own minimum and maximum available credit limits. The initial credit limit of your credit card can be found in the Financial Table that can be found attached with your Credit Card Contract.

You can apply to increase or decrease your credit limit at any time either online, or by calling Westpac on 1300 651 089.

If you wish to decrease your credit limit, Westpac says your current limit must be higher than the minimum for your card and you cannot have any outstanding debt higher than your new limit.

You can close your Westpac credit card account online, via the Westpac App, over the phone on 132 032 or by visiting your nearest branch.

Your card balance will need to be repaid in full even after the card is closed. Westpac states that you will continue to receive monthly statements until your card balance is fully repaid.

Westpac also advises that unclaimed rewards points will expire in 90 days from the date on which your credit card account is closed.

Westpac Altitude credit cards are Westpac’s rewards credit cards that allow you to earn either Altitude, Qantas or Velocity Points for money spent using the card. Each credit card differs in their perks depending on whether you get the Rewards, Qantas or Velocity version.

Westpac Altitude Rewards credit cards give you the opportunity to earn points per $1 on eligible spending. With Altitude Rewards credit cards you have the option to earn extra points with Westpac’s Accelerated Earn Partners, which includes Spotify, Emirates and David Jones.

Alternatively you can earn Qantas Frequent Flyer points or Virgin Velocity points through Westpac’s Qantas and Velocity cards by including your frequent flyer membership when applying. Keep in mind that both cards require an annual Altitude program fee of $50 on top of ongoing annual card fees.

You earn Altitude Points for each eligible transaction on your Westpac Altitude credit card. Points will be deducted if the transaction is refunded or reversed. The points are also awarded or deducted based on the earn rate applicable on the day the transaction is processed.

You will also not earn Points or be able to redeem Altitude Points if the minimum payment is not paid in full by the due date.

For Altitude Qantas and Velocity programs, the Points will be transferred and credited to your Frequent Flyer Program.

Ensure Westpac has all your frequent flyer details correct as incorrect details may result in earned Altitude Points that are not transferred into Frequent Flyer Points. When the Altitude Points are not transferred within 4 months of signing with the rewards program, the points will be forfeited.

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• Velocity Frequent Flyer Credit Cards
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• ANZ Credit Cards
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• Etihad Credit Cards
• Kogan Money Credit Cards
• St George Bank Credit Cards
• Newcastle Permanent Credit Cards
• Visa Credit Cards
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