How to apply for a credit card

Applying for a credit card with Westpac involves a series of steps to ensure you’re eligible and the application is processed smoothly. Here’s how to apply, including choosing a card, eligibility criteria, what you’ll need to apply, and the step-by-step application process.

Whether you’d like to increase your purchasing power, access rewards such as frequent flyer points, or take advantage of interest-free periods, there are several potential credit card benefits available.

Compare credit cards and choose the one that suits you

The first thing you might want to do is compare credit cards and choose the one that’s right for you. Westpac offers a variety of credit cards tailored to suit different needs, so it’s important to think about what would work best for your financial situation and lifestyle.

Credit card types

Westpac offers a range of low fee, low rate and rewards credit cards. Take the time to consider what you’re looking for before you apply.

Our credit card comparison tool may help you choose the card that’s best for you.

When doing your research, think about comparing interest rates, fees, and rewards programs to make sure you get the most out of your card. Key considerations might include:

Interest rates

Interest rates are applied to the outstanding credit card balance after the interest-free period ends. It’s also important to look at the interest rate on balance transfers and cash advances.

Card fees

Consider the monthly card fee or annual fee, late payment fees, and foreign transaction fees.

Rewards programs

Some credit cards offer programs where points can be transferred to frequent flyer partner airlines, redeemed for gift cards, cashback, or you have the ability to Pay with Points which gives you the flexibility and freedom to use your points on everyday items. 

Additional features

Extra perks might include travel insurance, purchase protection or extended warranty on online purchases. With Westpac, you’ll also get access to ShopBack where you can get cashback and discounts with over 4,000 online, in-store and gift card purchases via the ShopBack App.

Determine your eligibility

Your credit card application is more likely to be approved if you meet the eligibility criteria. These criteria include:

Age requirement

You must be at least 18 years old.

Residency

You must be an Australian citizen or Australian permanent resident with a fixed residential address in Australia. Non-residents or migrants with acceptable visas (with a minimum of one year before expiry) may also be approved for a credit card.

Regular income

Westpac requires applicants to have a regular, verifiable Australian taxable income for at least 3 months. The exact minimum income requirement may vary depending on the credit card type.

Regular repayments

A good credit history is essential. This means making sure you’re up to date with your bills, including your phone, electricity, rent, home loan or other loan repayments.

Did you know it’s possible to check your own credit history by visiting creditsmart.org.au and following the links to a free credit report?

What you’ll need to apply for a credit card

Whether you decide to apply online or in a branch, there are a few things you should have ready before you apply for a credit card:

• At least two forms of ID: Australian drivers licence, passport, Australian birth certificate
• Current debts, such as home loans, personal loans, other credit or store cards or instalment purchases
• Employment verification and proof of income
• If you’re applying for your credit card online, have your mobile phone handy as you’ll receive verification codes as you progress through the application.

How to get a credit card: a step-by-step process

You can apply for a Westpac credit card online or at any branch, here’s how.

1. Do your research

Compare and choose a credit card to apply for.

2. Complete the application form

You’ll be asked whether you’re an existing or new customer. Existing customers can apply via Online Banking or the Westpac mobile app. New customers will be asked to verify some personal details before getting started.

3. Conditional approval

You may receive conditional approval via email and will be required to verify your information or upload documents.

To sum up

Whether you’re a new or existing Westpac customer, starting your application for a credit card is a straightforward process if you meet the eligibility criteria and have the required documentation ready. By choosing the right card and being prepared, you’ll be able to take advantage of all the benefits and convenience a credit card has to offer.