Longest 0% Balance Transfer Offer in Market at 24 months plus (No balance transfer fees)
Transfer your credit card debt from up to 3 non-Westpac Australian issued credit, charge or store cards. These include credit cards from CBA, Bankwest, St George Group, Citi, AMEX, ANZ, GE Money, HSBC, Virgin and all small banks and Credit Unions. Then pay 0% p.a. on any amount you successfully transfer for 24 months.
This is a great way to reduce interest payments and work on a plan to pay down your debt. A transfer makes sense if you currently holding a balance and paying high interest on it. Think about the interest savings. Many credit cards are hard to pay off, especially when the balances get high, as the interest seems to eat into the payments. This way, when you make payments they can go directly off your debt, rather than going towards the interest. Many people struggle to pay their credit card debt down and are continually providing the banks with high interest payments.
You need a minimum income of $30,000 a year and good credit to apply.
Don't know what a balance transfer is?
Get more understanding by watching this 2 minute Video
Mod: Removed associated tag and added referrer tag, OP is posting on behalf of the above mentioned website and not associated with Westpac directly.
What about annual fees? Isn't the platinum card about $500/year?