Credit Card Compare

NAB Low Rate Credit Card vs Westpac Low Rate Card

Compare NAB Low Rate Credit Card, Westpac Low Rate Card 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 NAB Low Rate Credit Card vs Westpac Low Rate Card.
NAB Low Rate Credit Card card
NAB Low Rate Credit Card
Westpac Low Rate Card card
Westpac Low Rate Card

Card details

Overall
60Good
Highest
59Good
55 days interest-free55/10056/100Highest
Balance transfer63/100Highest62/100
First timer70/100
Low rate56/10059/100Highest
No annual fee58/100

The basics

Card tierStandardStandard
Card typeVisaMastercard
Credit ratingGoodGood
Rewards programNoneNone
Credit limit$1,000 – $30,000$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

How much could you save?

Enter your balance and current rate to see your estimated saving for each card below.

$
% p.a.

Balance transfers

Promotional rate4.99% p.a.0% p.a.Lowest
Period24 monthsHighest20 months
Transfer fee0%Lowest3%
LimitUp to your available credit limitUp to your available credit limit
Revert rate21.74% p.a.21.99% p.a.
Can't transfer fromColes, Kogan Money, MyCard, NAB, Qantas MoneyWestpac
Estimated saving$1,501over 24 mths$1,517over 20 mthsHighest

Rates & fees

Ongoing interest rates

Purchases13.49% p.a.Lowest13.74% p.a.
Cash advances21.74% p.a.Lowest21.99% p.a.

Fees

Annual feeNo annual feeLowest$84 p.a.
Monthly fee
Additional cardholder fee$0$0
Cash advance fee3.5% of the amount3.5% of the amount
Foreign transaction fee3.5%3%Lowest
Late payment fee$20$20

Related comparisons

Sources

Credit Card Compare
How CardIQ scores cards
Issuers
NABWestpac