Applying for a balance transfer
If you’re an existing Westpac credit card customer, your balance transfer application will take up to 5 working days to process.
If you’re applying for a Westpac credit card and a balance transfer, your application will take up to 10 working days to process.
Applications are subject to lending criteria.
Your balance transfer won’t be processed until your card is all set up, which means you have verified your ID, income and address. If you still need to do this, find out what you’ll need to bring into one of our branches to complete set up.
If you wish to close your other card you’ll need to arrange this with your other provider, as well as take care of any outstanding or upcoming payments there may be on it. You’ll also need to pay any interest charges that are still outstanding on that account.
You can transfer your outstanding balance on hire purchases, store cards, another bank’s credit card or a personal loan. However, you cannot transfer a balance from a Westpac card or loan.
No, there isn’t a fee to transfer a balance to your Westpac credit card.
There’s no limit to the number of balance transfers you can do but you can only transfer up to 95% of your available credit card limit.