How does my cashback affect my credit card balance?

It depends on when the cashback is credited in relation to your monthly credit card statement date.

If the cashback is credited before your statement is generated, it will reduce your outstanding balance for that statement period and your statement balance will be lower.
If the cashback is credited after your monthly statement is generated, it will be applied to your account and will show on your next monthly statement.

Cashback credits do not count towards your payment obligations on your account for statements already generated, so you'll still need to meet the requirements shown on your statement.

Learn more.

Things you should know.

Cashback offers are personalised to you based on how you use your Mastercard credit card so may differ from the offers that are available to other people. You can't give your offers to anyone else.
Cashback payments don’t count towards your minimum monthly credit card payment, so you still need to make the payment as shown on your monthly credit card statement.
New offers appear in Westpac One® digital banking on the second Wednesday of each month. You may not always have new offers.
Participating retailers and offers may change from time to time without notice.
hotpoints card transaction data is used only to assign offers and is processed in line with Westpac and Mastercard privacy obligations. No personally identifiable information is shared with the merchants who provide the offers.
Credit Card Conditions of Use apply.