If you sign up for a new Westpac Low Rate Credit Card up until 31 December 2015, you'll get $50 of statement credit back per month for six months (total rebate available is $300), when you spend at least $500 per month on your card.
- Annual fee $59
- Purchase interest rate 13.49%
- Cash advance interest rate 21.49%
If you just spent the minimum of $500, then that's 10% of your purchases in credit, not too bad. Hope this helps some folk.
Terms & Conditions
Special promotion: The promotional offer is available when you apply and activate a new Westpac Low Rate card between 30 September 2015 and 31 December 2015 where you spend at least $500 each statement cycle on eligible purchases. Where you spend $500 in a statement cycle, a $50 statement credit will be added to your next statement. This offer is available for the first 6 statement cycles, so you are eligible to receive up to $300 in statement credits. Eligible spend excludes cash advances and balance transfers. Switches, upgrades, accounts in arrears, closed accounts, customers accessing employee benefits or packaged cards are ineligible. This offer is not available in conjunction with, or in addition to any other special offers, negotiated rates or discounts.
Good deal, $191 for free from the commonwealth card and now $241 from this card. ($59 annual fee each).