Westpac Airpoints Mastercard Review

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You can still earn Airpoints Dollars with Westpac’s lowest annual account fee credit card.

If you’re looking for a credit card with low fees and the ability to earn travel rewards, the Westpac Airpoints Mastercard is worth considering. As well as being able to earn Airpoints Dollars for all eligible spend, you can take advantage of special Mastercard holder offers to use both at home and abroad.

The Westpac Airpoints Mastercard gives you the opportunity to transfer existing credit card balances and pay a lower interest rate, plus international transaction fees are waived when you use participating ATMs.

20.95% APR

Purchase rate (p.a.)

$55 p.a.

Annual fee


Minimum Income


Product NameWestpac Airpoints Mastercard
Rewards ProgramAir New Zealand Airpoints Programme
Balance transfer rate5.95%
Balance Transfer Limit95%
Purchase rate (p.a.)20.95% APR
Offer end date20 May 2020
Interest Free PeriodUp to 55 days on purchases
Cash advance rate (p.a.)22.95% APR
Min credit limit$500
Minimum Monthly Repayment2% of transaction value or $5, whichever is greater
Minimum Income$15,000
Card TypeMastercard
Late Payment Fee$8
Complimentary Travel Insurance Coverdays
Joint ApplicationYes

Benefits of the Westpac Airpoints Mastercard

  • Earn Airpoints Dollars. For every $120 you spend on eligible purchases with your Westpac Airpoints Mastercard you’ll earn 1 Airpoints Dollar. Airpoints Dollars can be redeemed for rewards such as products and gifts, flights, upgrades, travel insurance, rental cars and more.
  • Mastercard Priceless Cities. Being a Mastercard holder, you’ll gain access to special dining, travel, retail and entertainment offers both locally and globally.
  • Airpoints Dollars Advance. If you don’t have enough Airpoints Dollars for a reward, you can get up to 50 Airpoints Dollars advanced to you.
  • $0 Annual fee offer. If you sign up to the Westpac Airpoints Mastercard before 20 May 2020, your annual fee will be waived for the first 2 years.
  • Interest-free days. Get up to 55 days interest-free credit on all purchases when you pay your statement balance in full.

Features of the Westpac Airpoints Mastercard

  • Interest rate. An interest rate of 20.95% p.a. applies to purchases and a rate of 22.95% p.a. applies to cash advances.
  • Account fee. You will be charged an annual account fee of $55, split into 6-monthly payments of $27.50.
  • Credit limit. The Westpac Airpoints Mastercard has a minimum credit limit of $500.
  • Monthly repayments. Each month you will be required to pay $5 or 2% of the balance owing, whichever is greater.
  • Joint and additional cards. For each joint or additional card that you request there will be an annual fee of $15.
  • Transfer your balance. You could pay just 5.95% p.a. on the life of transferred balances if Westpac accepts your application.
  • Link accounts. If you have other Westpac accounts, you can connect these to your Westpac Airpoints Mastercard to save you carrying multiple cards.
  • No international transaction fee. When you withdraw money from an ATM in the Global ATM Alliance, you won’t pay the usual $2 transaction fee.
  • Mastercard PayPass. Tap and go by using contactless technology on in-store purchases.

How to apply

Before applying for the Westpac Airpoints Mastercard, make sure that you meet the eligibility criteria and have compared benefits and fees with other credit cards. If you are a new customer to Westpac, you can fill in an application form online.

Eligibility criteria

  • Be at least 18 years of age
  • Be a New Zealand citizen or permanent resident
  • Be receiving an annual income of at least $15,000 per year

Required documents

Before Westpac can approve your application you will need to prove your identity, address, expenses and income.

  • Proof of identity: A New Zealand passport or driver’s licence
  • Proof of address: A recent utility bill, bank statement or government letter
  • Proof of expenses and income: Westpac recommends showing three months’ of bank statements that show your credited income and your expenses.
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