Amanda Smith
Georgia Rose
The Westpac Lite Card is a simple, low-rate credit card with a competitive purchase rate of 9.90% p.a and $9 monthly fee. This card is a solid choice for consumers who regularly carry a balance and are not interested in earning rewards.
Fees, interest rates and other details
Toggle product details
| Feature | WESTPAC LITE CARD |
|---|---|
| Annual fee | $108 per annum, charged as a $9 monthly fee. |
| (Variable) purchase rate | 9.90% per annum. |
| (Variable) cash advance rate | No cash advances. |
| Balance transfer rate | No balance transfers. |
| Minimum credit limit | $1000. |
| Interest-free days on purchases | Up to 45 days interest-free if the statement balance is paid in full by the statement due date. |
| Additional cardholders | One free additional cardholder. Applicants must be at least 16 years old. |
| Card network | Mastercard. |
| Intro offer | No welcome offers or bonuses. |
| Rewards program | No rewards offered, but cardholders can earn cashback and discounts via the ShopBack and Westpac Extras programs. |
| Rewards details | None. |
| Included insurance | None. |
| Benefits | • Earn bonus cashback and rewards when you shop in the Westpac Lounge on ShopBack or in the Westpac app. • Receive special cashback offers and discounts via Westpac Extras. • No foreign transaction fees or missed payment fees. • 45 interest-free days on purchases. • Instant use digital cards—no need to wait for the physical card to arrive. • Compatible with Apply Pay, Samsung Pay and Google Pay. • Fraud protections and money back guarantee. • Pay off large purchases in instalments with SmartPlan ($200 minimum). |
Basic overview
The Westpac Lite Card offers an interest rate of 9.90% p.a., which is nearly half the average credit card rate on outstanding balances in Australia (18.34%), according to money.com.au. The Westpac Lite Card also comes with 0% foreign transaction fees, making it a handy option for travellers.
Understanding the monthly fee
Instead of a flat annual fee, the Westpac Lite Card has a recurring monthly fee of $9, equal to $108 per year.
Over time, the card’s benefits could potentially outweigh the annual fee, depending on how you use it. Here are a few ways you could ‘cover’ the $108:
- You could use the Westpac Lite Card to save on foreign transaction fees, if you’re current payment option charges them. Standard credit cards typically charge around 3% of the transaction amount, meaning if you spend $4,000 while abroad, you could save $120 in fees.
- Earn cashback by shopping for necessary items through the ShopBack app or Westpac Extras program. You’d need to save a minimum of $9 a month or $108 per year to offset the cost of the annual fee.
Our take
The below pros and cons are based in part on NerdWallet’s editorial expertise and data collected from over 100 Australian credit cards.
Pros
- 9.90% p.a. interest rate—one of the lower ongoing rates on the market.*
- 0% foreign transaction fees (including online shopping). If you’re travelling for a lengthy period or as a family, the savings could add up.
- Monthly fee option, which could be easier to plan for vs. a one-off annual fee.
- No missed payment fee.
- One free additional cardholder (at least 16 years old).
Cons
- The $9 monthly fee adds up to $108 per year, which is on the higher side for low-rate cards.*
- No balance transfers or cash advances available.
- No complimentary insurances or travel perks like airport lounge access.
- The interest-free period is 45 days, not 55 days like many other cards.*
*according to NerdWallet’s analysis of over 20 low rate credit cards with a purchase interest rate no higher than 15%.
Offers and rewards
The Westpac Lite Card does not have a welcome offer at the time of this writing. Keep in mind, low-rate cards tend not to come with rewards because the draw is with the potential savings in interest.
You can earn bonus cashback when you shop via the Westpac Lounge on the ShopBack platform. Simply sign up to ShopBack, link your Lite card, and start shopping. You can also receive personalised cashback offers from Westpac Extras via email or while logged into your online banking account.
Cashback typically takes 48 hours to appear in your ShopBack account. Select your bank account or PayPal account to redeem your cashback. It will be credited into the account as cash, like a regular deposit.
Eligibility
Who may be eligible?
To apply for the Westpac Lite Card, you need to:
- be 18 years of age or older
- be an Australian citizen, permanent resident or have a non-resident visa with at least one year validity before it expires
- have access to a mobile phone to complete security steps.
Who might be suited to this card?
According to Westpac’s Target Market Determination (TMD)[1] the Westpac Lite Card is designed for customers who:
- need a credit card that provides access to a revolving credit facility to make payments
- want a credit card that charges a lower purchase interest rate
- may want an interest free period on purchases
- may want to access instalment plans to split credit card repayments into instalments
- may want a credit card with no late payment fees, no foreign transaction fees for online and overseas purchases
- are able to meet repayment obligations.
Who might not be suited to this card?
According to Westpac’s TMD, the Lite Card is not designed for customers who:
- are seeking a card that earns reward points and want access to certain travel related benefits (e.g. travel insurance, lounge passes)
- have a longer-term or specific borrowing need.
How to submit an application
To complete the credit card application online, you will need:
- a mobile phone number to complete sign-up steps (e.g. confirm security codes and upload photos)
- proof of income, current debts and expenses
- two of the following four identification documents: Passport, Australian driver’s license, Medicare card or Australian birth certificate.
Have all these documents handy when you apply to avoid delays or incomplete applications. Always check the minimum income required, which is $30,000 per year for the Westpac Lite Card.
» MORE: How long does it take to get a credit card?
Customer satisfaction ratings
Note: Customer review websites can be insightful, but keep in mind that the reviews may not accurately reflect the average experience; for example, unhappy customers may be overrepresented in these reviews. Products also change over time, and reviews may reflect experiences with features and benefits that are no longer available. Nevertheless, these sites are just one way to learn more about the company and the products on offer before you make a decision.
As of this writing:
- Based on more than 260 Trustpilot reviews, Westpac scored: 1.5 out of 5 stars.
NerdWallet does not endorse Trustpilot or Product Review scores and provides them for illustrative purposes only.
Frequently asked questions about Westpac Lite Card
The maximum credit limit for the Westpac Lite Card is $20,000. It also has a minimum credit limit of $1,000.
The Westpac Lite Card does not have a rewards program. However, you can earn cashback via the Westpac Lounge on ShopBack.
Article Sources
-
Westpac, “Westpac Low Rate Credit Cards TMD,” accessed February 28, 2025.
About the Author
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