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2.99% for 12 Months Balance Transfer to an Existing Westpac Card

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WABM4

Normally only available with new credit card applications, Westpac currently offers 2.99% for 12 months balance transfer to an existing Westpac credit card.

What can you do with a balance transfer to an existing card?
  • Consolidate up to 2 non-Westpac Australian issued credit, charge or store cards.
  • Transfer up to 80% of the limit available on your Westpac card (minimum transfer of $200).
What's involved in the balance transfer process?
  • Request a balance transfer online in 5 minutes, get a response in 60 seconds.
  • Remember to use the promotional code WABM4 in your application.

Include the account numbers of the credit cards you would like to transfer, the providers' biller codes and the amounts you'd like to transfer in your application.

Note: Westpac will not cancel your other cards. If your aim is to pay down your balances, it may be helpful to cancel your old cards once the balance transfer is complete so you don't use them to accrue more debt. You can usually ask to cancel a card account over the phone, provided the card has been paid off.

Special balance transfer rate
  • Take advantage of our 2.99% p.a. offer on balance transfers for 12 months (use the promotional code WABM4).
  • After 12 months, any remaining balance transfer amount will accrue interest at the variable cash advance rate of the card.

Note: currently the online application for this within internet banking is broken, but if you speak to them they will honour this promotion when it starts working again. I tried on the phone and in the branch and they think it's maybe caused by high demand. Not sure what the end date will be.

Referral Links

Westpac Choice Account: random (114)

Referrer & Referee get $50 after referee makes 5 card purchases & deposits $500+. Maximum of 5 referrals allowed per customer: bonus is not paid to either parties if the referral code has been used more than 5 times.

Related Stores

Westpac
Westpac

closed Comments

  • +1

    0% would be nice, before the rape begins.

  • +6

    0% with 2 pct balance transfer fee, quote code WAALB

    • thanks mate for that code. any others? I got a targeted offer by bankwest 0% with 2 pct balance transfer fee. there is no credit check entry is there for existing card holders?

      • +1

        hmmm, now it makes me think my code might be targeted as well, doesnt hurt to try tho. no credit checks for existing customers as far as i'm aware, but note, westpac will start comprehensive reporting from 1st July

        • +1

          Thanks a lot, powerhead! I can confirm it's not targeted as I just rang Westpac and was able to use your promo code WAALB successfully. And that fact that the 0% BT was for 16 months was the cherry on top!!
          Thanks to OP as well for posting the original deal, much appreciated.

        • @BargainBender: Worked for me too!

    • +1

      Thanks powerhead! The rep I spoke to had never heard of this promotion but she agreed to try the code and it worked.

    • +1

      1st of june and this code is still working! You can use your online banking to complete the balance transfer and it shows straight away

  • -2

    Not a great deal for saving 1% or less for home owners lol

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