1. Pay no annual fee
for 12 months when you get a new Westpac Low Rate MasterCard
2. Get 10% back on your grocery spend
for 3 consecutive months when you spend at least $250 each month on any purchases
3. Plus a low interest rate
Keep it simple with our low 13.45% p.a. interest rate on purchases
Rates & Fees
|Low Rate MasterCard® - Interest rates|
|Purchases (and other fees & charges)||13.45% p.a.|
|Balance transfer rate
Transfer balances from another bank’s credit card, overdraft, personal loan, or hire purchase agreement to a Westpac credit card.
> More on balance transfers
|5.95% p.a. for the life of the balance transferred
|Cash advance rate
Cash advances on all Westpac credit cards, excluding those on Portfolio pricing
|Low Rate MasterCard - Fees|
|Fees on this page are current as at 27 October 2016 and are subject to change.
Some overseas banks may charge an extra fee for a cash advance.
|Fee type||Fee amount|
|Annual account fee||$65 per year
Paid in two 6-monthly instalments of $32.50.
|Cash advance in NZ||using a Westpac ATM||
$2 per transaction
|at other bank ATMs||$2 per transaction|
|Westpac branch teller||$2 per transaction|
|Cash advance overseas||using Global ATM Alliance ATMs||
$0 Transaction fees do not apply when using ATMs within the Global ATM Alliance in the respective country shown. Institutions participating in the Global ATM Alliance are subject to change but currently include Deutsche Bank (Germany), Bank of America (United States), Scotiabank (Canada), Barclays Bank (United Kingdom), BNP Paribas (France), Westpac (Australia) and Westpac (New Zealand).The NZ$8 international transaction fee saving applies to Westpac customers only, and is subject to change. All other international and standard fees apply including foreign currency conversion fees apply – see the <a href="http://www.westpac.co.nz/assets/Personal/Your-Money-and-Tailored-Packs/Brochures/transaction_service_fees.pdf" target="_blank">Transaction and Service Fees brochure</a> or <a href="http://www.westpac.co.nz/assets/Personal/Your-Money-and-Tailored-Packs/Brochures/business_transaction_and_service_fees.pdf" target="_blank">Business Transaction and Service Fees brochure</a> for details.
|using other ATMs or at bank branches||NZ$8 per transaction Note: An ATM service fee may be charged by the ATM provider.|
||$15 per year|
|Late payment fee||$15 per late payment|
|Card over limit
Applies where you exceed your account credit limit during any statement period.
where original card is lost, damaged or stolen
|$15 per card|
|Courier delivery in NZ/overseas||Courier costs where applicable|
|Foreign currency fee||2.50% of NZD converted value of foreign currency transaction amount When you use your Westpac credit card to make an overseas transaction, you'll pay a foreign currency fee. This is currently 2.5% of the New Zealand dollar converted value of the foreign currency transaction amount. A foreign currency conversion fee is applied to purchases, cash withdrawals and any fees and charges in a foreign currency incurred by you from the overseas merchant or merchant bank for that transaction.|