BALANCE TRANSFER BENEFITS FOR WESTPAC CARDHOLDERS

Take control of your bills by combining your outstanding balances from other credit or store cards onto your Westpac credit card.
Begin balance transfer

What’s a credit card
balance transfer?

At Westpac, a credit card balance transfer involves moving existing balances from up to 2 store or credit cards held with another financial institution to your Westpac-issued credit card. 

Simplify and save

No managing multiple cards

Bring together the money you owe across other credit, charge or store cards onto one Westpac credit card.

Save on credit card interest
Save on paying annual fees across several cards plus enjoy reduced interest during the offer period.

One statement, one payment

With just one bill and one balance to manage, you can use your card as usual and enjoy interest free days.

Combine and take control

2.99% p.a.

For 24 months on balance transfer*

0 % balance transfer fee

We'll waive the balance transfer fee!

Available when you transfer up to 2 non-Westpac Australian issued credit, charge or store cards to your existing Westpac credit card. T&Cs apply.

 

Promotional rate reserved for Westpac cardholders only

Make the most of this balance transfer rate to simplify your finances.

Begin balance transfer

Steps to get started

You must have an existing Westpac credit card.

Prepare

 

Keep the information about your non-Westpac issued credit cards handy (e.g. card number and issuer details). 

Decide


Think about how much you wish to transfer (up to two non-Westpac issued credit card balances).

Consider

 

Think about how much you wish to transfer (up to two non-Westpac issued credit card balances).

Transfer

 

Submit the balance transfer form online. It may take up to three to five days to complete your balance transfer request.

Get the most from your balance transfer

  • Cancel other cards

    Stay in control of your spending by cancelling your other non-Westpac-issued credit or store cards.

  • Set a payment reminder

    Pay off your transfer balance before the offer rate ends by setting a payment reminder in your calendar.

  • SmartPlan your spend

    SmartPlan helps spilt your personal credit card repayments into manageable instalments. Set it up in Online Banking.

Which Westpac cards qualify?

Balance-transfer-ready-cards

Check Westpac-issued cards that qualify for a balance transfer.

  • Westpac Low Rate credit card
  • Westpac Lite card
  • Westpac Low Fee card

Check the interest rates, fees and other information  for your current Westpac credit card.

A few things to remember

  • Westpac won’t cancel your other non-Westpac-issued cards. So, to reduce debt, it helps to cancel your other cards once the balance transfer is complete.
  • A minimum payment is required each month.
  • When the balance transfer period ends, the cash advance rate will apply to any outstanding balance transfer amount.

Keep exploring

What is a credit card balance transfer?

Comparing balance transfer offers and reading the fine print.

Make the most of a balance transfer offer

Use your new balance transfer card to your advantage.

6 steps to manage credit card debt

A handy guide to help you pay off your credit card.

Frequently asked questions

A debit card is tied to a transaction account with money in it (it's not debt). You can't transfer debt to your checking account.

If you have enough money in your transaction account to cover the balance of your credit card, it's best to pay it off because the balance on your credit card costs you a lot in interest charges each month.

Don't have a Westpac credit card?

Use the selector to find an eligible card
that’s right for you.

Find out more

Give us a call

1300 651 089

8am – 8pm (Sydney time), 7 days

Apply for a balance transfer

You'll need your Westpac credit card,  8-digit customer number and password.

Let's begin
Things you should know

Westpac Credit Cards Key Facts Sheet

Credit Card Terms and Conditions (PDF 264KB)

ID checklist to become a customer (PDF 657KB)

Westpac Extras Terms and Conditions (PDF 370KB)

Credit criteria, fees and charges apply. Credit Card Product Switches, upgrades or Westpac group staff are ineligible.

This promotion may be varied or withdrawn at any time and is not available in conjunction with any other promotion.

Be credit savvy: Before applying, consider a realistic credit limit and check all conditions, interest rates, fees and charges on your selected card.

* Balance Transfer: The promotional 2.99% p.a. rate for 24 months with a 0% Balance Transfer (BT) fee is available when you transfer up to 2 non-Westpac Australian issued credit, charge or store cards to your existing Westpac credit card. The rate will apply to balance(s) transferred (min. $200 up to 80% of your approved available credit limit) for 24 months, unless the amount is paid off earlier. The applicable variable cash advance rate will apply to balance(s) transferred but left unpaid at the end of the promotional period. Westpac will not be responsible for any delays that may occur in processing payment to your other card account(s) and will not close the account(s). If your account has an interest-free period for purchases, to be entitled to that interest-free period, you need to pay off the “monthly payment balance” listed on your statement of account (not the full closing balance) by the relevant payment due. Excludes PartPay transactions.

SmartPlans are currently available for eligible Westpac consumer credit cards. Fees may apply.

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