Credit Card Compare

ANZ Low Rate - Credit Back Offer vs Westpac Low Rate Card - Cashback Offer

Compare ANZ Low Rate - Credit Back Offer, Westpac Low Rate Card - Cashback Offer side by side: annual fees, interest rates, rewards and eligibility to find the right card for you.

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Side-by-side comparison of ANZ Low Rate - Credit Back Offer vs Westpac Low Rate Card - Cashback Offer.
ANZ Low Rate - Credit Back Offer card
ANZ Low Rate - Credit Back Offer
Westpac Low Rate Card - Cashback Offer card
Westpac Low Rate Card - Cashback Offer

Card details

Overall
52Fair
57Good
Highest
55 days interest-free57/10058/100Highest
Balance transfer39/100
Cashback80/10086/100Highest
Low rate63/10063/100
Rewards21/10021/100

The basics

Card tierStandardStandard
Card typeVisaMastercard
Credit ratingGoodGood
Rewards programNoneNone
Credit limit$1,000 – $100,000$500 – $50,000

Eligibility

Minimum age18 years old18 years old
Minimum incomeNot specified$30,000 p.a.
ResidencyAustralian citizen or permanent residentAustralian citizen or permanent resident
Joint applicationNoNo
Temporary residentsEligibleNot eligible
Instant approvalYes (~60 seconds)Yes (~60 seconds)

Repayments

Interest-free periodUp to 55 daysUp to 55 days
Minimum repayment2% of the closing balance or $25, whichever is greater2% of the closing balance or $10, whichever is greater

Rates & fees

Ongoing interest rates

Purchases13.74% p.a.13.74% p.a.
Cash advances21.99% p.a.21.99% p.a.

Fees

Annual fee$58 p.a.Lowest$59 p.a.
Monthly fee
Additional cardholder fee$0$0
Cash advance fee3% of the amount3.5% of the amount
Foreign transaction fee3.5%3%Lowest
Late payment fee$20$20

Rewards

Cashback

Sign-up cashback$400$450Highest
Spend required$5,000 in 6 months$1,000 per month for 6 months
Ongoing cashback
Cashback cap

Related comparisons

Sources

Credit Card Compare
How CardIQ scores cards
Issuers
ANZWestpac