Skip to main content Skip to main navigation Skip to accessibility page Skip to search input

What is a balance transfer?

A balance transfer is when the outstanding balance from up to 3 other credit, charge or Australian store cards is put on to your St.George credit card. Benefits can include:
Saving money on interest payments
If you’re taking advantage of a promotional balance transfer rate to pay off your balance. After the promotional period you'll be charged interest at the cash advance rate on any unpaid transferred balances.
Consolidating your credit card debt
With only one account to pay off, it’s easier to track repayments.
Managing your annual fees
Closing the other card accounts means you only have one set of annual fees to pay. 


Choose your card

Balance transfer FAQs

Yes. Existing St.George credit card customers can request a balance transfer from another store, charge or non-St.George, Bank of Melbourne and BankSA credit card to their existing St.George credit card account. Balance(s) transferred will be at the special balance transfer rate of 6.99% p.a. for 12 months. Rate then switches to variable cash advance rate.

You can transfer up to two balances from another store or credit card to your St.George credit card provided you meet the minimum requirements for balance transfers.

To apply to transfer a balance to your existing St.George credit card, simply complete the balance transfer request form and send it back to us.

You can also request a balance transfer through Internet Banking. Once logged in, select "Transfer & payments" and then select "Pay out a credit card held with another bank." You can also arrange this over the phone by calling 13 33 30.

Important information

Conditions, fees and credit criteria apply. This card is issued as a Visa card. Before making a decision read the Terms and Conditions and consider if the product is right for you. 

Switches, upgrades, or Westpac Group staff are ineligible. This promotion may be varied or withdrawn at any time and is not available in conjunction with any other promotion.

#Balance Transfer Promotion: The promotional balance transfer rate is available when you apply and are approved for a new Vertigo, No Annual Fee, Amplify Signature or Amplify Platinum credit card between 7th July 2020 and 30th September 2020, and request at card application to transfer balance(s) from up to 3 non-St.George, Bank of Melbourne and BankSA Australian issued credit, charge or store cards. The rate will apply to balance(s) transferred (min $200 up to 80% of your available credit) for the promotional period unless the amount is paid off earlier. Card activation will trigger the processing of the balance transfer. A balance transfer fee of 1% will apply to balance(s) transferred to a new No Annual Card Fee credit card. A balance transfer fee of 1.5% will apply to balance(s) transferred to a new Vertigo or Amplify Platinum Amplify Rewards credit card. The balance transfer fee will be charged to the card account on the same day the balance(s) are debited to the account. No balance transfer fees apply to Amplify Signature or Amplify Platinum Amplify Qantas credit cards. At the end of the promotional period, the applicable variable cash advance rate will apply to any remaining unpaid transferred balance(s). We will not be responsible for any delays that may occur in processing payment to your other card account(s) and will not close the account(s). If your account has an interest free period for purchases, to be entitled to that interest free period, you need to pay off the 'Monthly Payment Balance' listed on your statement of account (not the full closing balance) by the relevant payment due date.

~Purchase Rate Promotion: Available when you apply and are approved for a new Vertigo Platinum, Vertigo or Amplify Platinum Amplify Rewards credit card between 7th July 2020 and 30th September 2020. The special promotional purchase rate applies from card approval, after the promotional period, the rate will switch to the variable purchase rate then applicable to your card account.

+First Year Annual Card Fee Waiver: The first-year annual card fee waiver promotion is available when you apply for a new Vertigo or Amplify Platinum Amplify Rewards credit card between 7th July 2020 and 30th September 2020. The first annual card fee will be debited to your card account on the 12-month anniversary of the first transaction on your account and annually thereafter.

*55 Days Interest Free: Receive up to 55 days interest free on your purchases if your account is paid in full by the due date shown each month (excluding any balance transfers), this is called the Monthly Payment Balance on your statement.

1. Earn Amplify Points through the use of an Amplify, Amplify Platinum or Amplify Signature card as set out in the Amplify Rewards and Amplify Qantas Terms and Conditions (PDF 1010KB). Points are not earned on cash advances and balance transfers or in other specified circumstances. Minimum 3,000 Amplify points is needed to redeem for any reward. Specific conditions may apply to the redemption of particular rewards. Refer to

2. Complimentary insurance covers: AWP Australia Pty Ltd ABN 52 097 227 177 AFSL 245631 (trading as Allianz Global Assistance) under a binder from the insurer, Allianz Australia Insurance Limited ABN 15 000 122 850 AFSL 234708 has issued an insurance group policy to Westpac Banking Corporation ABN 33 007 457 141 AFSL and Australian credit licence 233714 (Westpac) which allows eligible St.George account holders and cardholders to claim under it as third party beneficiaries. Any advice on insurance is general advice only and not based on any consideration of your objectives, financial situation or needs. The terms, conditions, limits and exclusions of the group policy are set out in the Credit Card Complimentary Insurance Terms and Conditions (PDF 328KB) which may be amended from time to time. Westpac does not guarantee this insurance.