Don’t like credit card interest? Westpac may have the solution with it’s Flex card. Offering a credit limit of $1,000 this card is handy for making smaller purchases without a hefty interest rate to worry about. Instead simply pay a $10 monthly fee or $0 if you don’t use your card in a statement period. Currently, the Flex Card is available for existing Westpac customers only.
If the idea of an interest-free credit card sounds right up your alley, read on to find out more about the Westpac Flex card.
Unlike a regular credit card, this product operates more like buy now pay later where customers aren’t charged interest on their purchases. Instead, Westpac charges a $10 monthly fee when you pay down your balance in full each month. Plus, for those that don’t use their Flex card within a statement period, Westpac will waive the monthly fee. There are also no annual or late payment fees to worry about either.
This card is a good option if you only need a small credit card limit, as on the Flex card customers can only spend up to $1,000. And while this card is accepted for use both online and in-store, bear in mind Westpac only issues digital versions of this card for use of a smart device. There are no physical cards available.
When it comes to paying back what you owe, like buy now pay later there is an option to make monthly or fortnightly instalments with the option to make additional contributions whenever you like. No matter the size of your debt, the minimum repayment amount per month is $40.
On top of this, with the Westpac Flex card customers receive fraud protection as well as access to Westpac Extras and Rewards.
Currently, you must be an existing Westpac customer to join the Flex Card program.
This credit card might be a good option for someone looking for a low credit card limit and wants to avoid paying interest on their purchases. Plus, the monthly or fortnightly repayment plan can be a handy tool in making it easier to pay down what is owed.
Remember, this card option only allows for a credit limit of $1,000. If you are looking for a credit limit higher than that, the Westpac Low Rate credit card might be a better option.
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No current offer |
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$120.00 |
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$0.00 |
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0% |
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$40.00 |
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Issued as a digital card only. Currently only available for existing Westpac customers. |
Apple Pay, Google Wallet, Samsung Pay, Garmin Pay
$10 monthly fee shown as annual fee, only payable where there is an outstanding balance on the previous statement at the due date.
Qantas Ultimate Card
23.99% p.a.
No current offer
$450
Qantas Frequent Flyer
Platinum Edge Credit Card
23.99% p.a.
No current offer
$195 $0 in the first year
Membership Rewards
Explorer Credit Card
23.99% p.a.
No current offer
$395
Membership Rewards
Velocity Platinum Card
23.99% p.a.
No current offer
$375
Velocity Frequent Flyer
Low Rate Card
13.49% p.a.
0% p.a. for 28 months and then 21.74% p.a. (2.00% balance transfer fee)
$59 $0 in the first year
Qantas Discovery Card
23.99% p.a.
No current offer
$0
Qantas Frequent Flyer
Velocity Escape Card
23.99% p.a.
No current offer
$0
Velocity Frequent Flyer
Qantas Ultimate Card
Qantas Frequent Flyer
$450
60,000
1.25 points up to 100,000 points/year, then
1 point uncapped
Platinum Visa Credit Card
Qantas Frequent Flyer
$299
50,000
1 point up to 20,000 points/month
Qantas Rewards Premium Card
Qantas Frequent Flyer
$250 $150 in the first year
70,000
0.66 points up to $3,000/month, then
0.33 points up to $6,000/month
Qantas Premium Card
Qantas Frequent Flyer
$249
20,000
1 point uncapped
Rewards Signature Card
NAB Rewards
$295 $145 in the first year
160,000
1.25 points uncapped
Qantas Discovery Card
Qantas Frequent Flyer
$0
No current offer
0.75 points uncapped
Velocity Escape Card
Velocity Frequent Flyer
$0
No current offer
0.75 points uncapped
Qantas Rewards Signature Card
Qantas Frequent Flyer
$395 $295 in the first year
120,000
1 point up to $5,000/month, then
0.5 points up to $20,000/month
Low Rate Card
0% p.a. for 28 months and then 21.74% p.a. (2.00% balance transfer fee)
13.49% p.a.
$59 $0 in the first year
Premier Credit Card
0% p.a. for 6 months and then 22.24% p.a.
21.49% p.a.
$300 $150 in the subsequent years if you spend $48,000 on eligible purchases or cash advances in previous year., $150 in the first year
Citi Rewards Program
Blue Visa Credit Card
0% p.a. for 9 months and then 21.74% p.a.
0% p.a. for 9 months then 20.74% p.a.
$60
Q Rewards
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
0% p.a. for 24 months and then 20.99% p.a.
20.74% p.a.
$149 $0 in the first year
Velocity Frequent Flyer
More Mastercard
0% p.a. for 6 months and then 19.99% p.a. (1.00% balance transfer fee)
19.99% p.a.
$100
Bankwest More Rewards
Low Rate Card
13.49% p.a.
0% p.a. for 28 months and then 21.74% p.a. (2.00% balance transfer fee)
$59 $0 in the first year
Low Rate Credit Card
12.99% p.a.
0% p.a. for 12 months and then 25.99% p.a. (2.00% balance transfer fee)
$99
Low Rate Visa Credit Card
9.90% p.a.
No current offer
$59
Low Rate Credit Card
8.99% p.a.
0% p.a. for 6 months and then 8.99% p.a.
$59 $0 in the first year
