Westpac Bank Review

Westpac Bank started its business in the year 1817 with the name Bank of New South Wales. With the merger of Commercial Bank of Australia in the year 1982, it acquired a new name i.e. Westpac Banking Corporation.

It has branches throughout Australia and New Zealand and it also maintain offices near pacific region and places including London, New York, Hong Kong and Singapore.
According to Australian Securities Exchange Limited (ASX) with $77.2 billion as market capitalisation it was ranked in the top 5 listed companies and for the financial year 30 September 2009 it was estimated that it had a net profit after income tax of $3,446 million and as at 30 September 2009 it had total asset of $590 billion.

Westpac Bank provides financial services and its business line encompasses Personal Banking, Business Banking and Corporate Banking. It offer services like Bank accounts, Home Loans, Personal Loans, Insurance, Super & Retirement, Investments, Services, Credit Cards and much more.

To contact Westpac Bank one can dial 132 032, for Telephone Banking from overseas- Dial the international access code then (61 2) 9293 9270, for Online Investing dial 131 331, for Personal loan enquiries dial 132 651, for Cardholder enquiries dial 1300 651 089, for Gold Card enquiries call at 1300 367 228, for GM Holden Card enquiries call 131 200 and to visit its official website call www.westpac.com.au .
It also offers credit cards in categories like Rewards Card, Low Annual Fee Cards, Low Interest Rates Card.

There are various cards in the category REWARDS CREDIT CARD such as
1)Altitude Master/American Express Card : One can earn 2 Altitude points per $1 spent on one’s Altitude American Express Card and 1 Altitude point per $1 spent on one’s Altitude Visa Card or Altitude MasterCard. Two credit cards linked to one account - with one monthly statement and one credit limit. There is no cap to earn points also there is no expiry date for the reward points one can earn as many points as one wants. One will receive 5000 bonus points when first use either card for a purchase. The annual percentage rate of 3.99% is applicable on Balance Transfer for up to 6 months and the annual interest rate of 19.39 % is applicable for Purchases and 20.99 for Cash Advances. The annual fee for the card is $100.00

2)Altitude Gold Credit Card : One can earn 2 Altitude points per $1 spent on one’s Altitude American Express Card and 1 Altitude point per $1 spent on one’s Altitude Visa Card or Altitude MasterCard. Two credit cards linked to one account - with one monthly statement and one credit limit. There is no cap to earn points also there is no expiry date for the reward points one can earn as many points as one wants. One will receive 10,000 bonus points when first use either card for a purchase. The annual percentage rate of 3.99% is applicable on Balance Transfer for up to 6 months and the annual interest rate of 19.39 % is applicable for Purchases and 20.99 for Cash Advances. The annual fee for the card is $ 150. One will receive complimentary insurance covers in accordance with the policy. And many more benefits.

3)Altitude Platinum Credit Card
4)Earn Qantas Frequent Flyer Amex/Master-Visa Credit Card
5)Earth Gold Credit card
6)Earth Platinum Credit Card
7)Singapore Airlines Westpac Gold Card
8)Singapore Airlines Westpac Platinum card

Credit cards issued in the category Low Annual Fee are
1)55 Day Visa/ Master Card
2)55 Day Platinum Visa Card
3)Westpac No annual fee master Card
4)Westpac Student Visa Card

Credit Card issued in the category Low Rate is
1)Low Rate Visa or Master Card