Have you ever thought about a credit card for everyday life that combines easy approval and quality? So, you’ve thought about the Westpac Lite credit card. With this credit card you can say goodbye to receiving no answers on every credit card application, or having a very low credit limit.

Using this credit card, customers without a super high score can, in addition to getting approval, start shopping on the right foot, having a completely flexible limit at their disposal. As you will see, it seeks to adapt to the needs of each client in the best possible way.

We’ll bring you all the details you need to know below to decide whether or not it’s worth applying for the Westpac Lite credit card.

Why we recommend the Westpac Lite credit card

There are thousands of credit cards currently, each with its own proposal, however, most cards focus heavily on customers who need exorbitant limits. Or worse, it ends up offering cards with a limit so low that it restricts the use of the credit card to almost worthless purchases.

However, the Westpac Lite credit card seeks to serve customers who are in this middle ground, because, while it is possible to get a very high limit, you already start with a reasonable limit. It is important to remember why people apply for a credit card.

The most common reason is to increase your purchasing power, which is why a lower credit limit is such a common fear with credit cards. With the Westpac Lite card you can cross the credit limit off your list of worries, as its flexibility prevents problems with the limit from occurring.

What can I use the Westpac Lite credit card for?

The use of this credit card is varied, as it has a very wide credit limit margin, so each limit opens new doors for your customer. Therefore, we only consider the customer’s initial limit at the first moment, when receiving their credit card, their first limit will be $1,000.00 dollars.

This is not a rule, there is still the possibility of receiving a credit card with much higher amounts as a limit, but this is the minimum limit. You can easily purchase a wide variety of products with a comfortable installment plan or by subscribing to online services, generally an everyday use.

Advantages of the Westpac Lite credit card

This credit card has a series of advantages that unfortunately we cannot go into deeply, but we have listed the main advantages. The programs and benefits present on the Westpac Lite credit card seek to make the customer’s daily life as easy as possible.

However, in some cases it also helps its holders in unconventional situations, as we will show you below:

• International coverage
• 0% foreign transaction fee
• Flexible limit
• Cashback
• Exclusive discount program
• Offers directly to your email
• Fraud protection
• Compatible with payments with virtual wallets

Disadvantages of the Westpac Lite card

No matter how well constructed a credit card is, it remains susceptible to disadvantages. In the case of the Westpac Lite card, what would be its main disadvantage? It would be your annual fee. But, don’t throw the idea of ​​applying for this card in the drawer, as it’s important to keep in mind that the annual fee is only $9.00 per month.

Apart from the annual fee, it is also important to remember the minimum income requirement, being the second disadvantage of the credit card, making this credit card slightly less accessible. Customers who wish to apply for ownership must have at least $2,500.00 in monthly income, equivalent to $30,000.00 in annual income.

How credit analysis is carried out in Westpac Lite

When applying for any credit card, the customer is subject to credit analysis, in fact, this occurs in any service that involves credit. Where the analysis works in a very similar way, because in any case, there are two analyzes when requesting a service like this.

The first analysis aims to check whether the customer is eligible to hold a credit card, in this case the Westpac Lite card. Once the first analysis is completed and approved, you move on to the second analysis, where your credit limit will be defined.

To do this, the bank will use your credit score, defined according to your income, capital movement and number of defaults. All this information will be analyzed and essential to obtain a credit limit that properly meets your expectations.

Is there a maximum and minimum value for the Westpac Lite credit card?

With the Westpac Lite credit card you have a minimum limit and a maximum limit, with the minimum limit being $1,000.00 and $20,000.00. In other words, even customers who have never had a good limit before, when approved for this credit card they can be sure that they will have at least a $1,000.00 limit.

However, if your limit is still not enough to meet your demand, in this case, just using the credit card application can solve the problem. Just look for a field to request a new analysis, where your credit need will be put at the tip of the pencil again.

If the financial institution realizes that you really need a higher limit, your limit will increase proportionally to your need.

Do you want to request? Learn how to get a Westpac Lite card right here

But what about the request? As much as many people believe that the application is super complicated and time-consuming, with this credit card you go in a completely different direction. However, this is not something we will cover in this article, as the initial proposal is to present the benefits and programs of the Westpac Lite card.

To learn how to apply for the Westpac Lite credit card, click the button below and check out the second part of the article, where we will show you how to become a cardholder.