Westpac Added Online Security Service

Information verified correct on October 22nd, 2016

As an addition to the main Westpac security services that cover against fraud on your credit card, Westpac also recommends that customers sign up to MasterCard SecureCode and Verified by Visa.

These are designed to provide an extra level of security when shopping online between your inputting your card details and the purchase being authorised. Without these measures, a credit card that has been lost or stolen that the customer doesn’t realise has gone can be used to make online purchases.

All the unauthorised person requires to bypass the standard Westpac security services is to not make any unusually large purchases, or make sudden multiple purchases, that might catch the attention of the 24/7 Falcon fraud monitoring software.

Both MasterCard SecureCode and Verified by Visa are voluntary schemes for customers and merchants alike, but more people are registering on both sides of the equation as they realise the benefits of this fraud-busting measure. You may also find that merchants who are registered will require potential customers to also register before they can make purchases. Registering for either or both of these schemes can be done via Westpac’s Added Online Security service, or via the official Visa and MasterCard websites.

How do MasterCard SecureCode and Verified by Visa differ from the regular Westpac security services?

With the heightened security that comes with being registered, your identity is easily confirmed with participating retailers much as you need to input your PIN when withdrawing cash from an ATM or making an in-store purchase with PIN or pen.

Westpac Low Rate Card

Low Interest Credit Card from Westpac

If you are looking for a no-frills credit card from Westpac, that would not break the bank, the Westpac Low Rate is an ideal option to consider. It also features a balance transfer option, if you are looking to consolidate your existing credit cards into one.

  • $59 p.a. annual fee
  • 1% p.a. for 12 months (reverts to 13.49% p.a.) on purchases
  • 0% p.a. for 16 months on balance transfers
  • Cash Advance Rate of 21.49% p.a.
  • Up to 55 days interest free
  • Minimum Income Requirement of $15,000 p.a.

It only takes 2 minutes to enhance the existing Westpac security services by registering your Westpac MasterCard or Westpac Visa credit card with the relevant schemes. You will be asked to set up:

  • A new password
  • A personal assurance message (PAM) – This is a short phrase or quote that will appear during the online checkout process at participating merchants so that you know you are shopping with a genuine retailer. You may choose something like: “My first dog was a lab”, for example. Once you see this, you can go ahead with confidence and input your password.
  • A security question and answer, in case you ever need to contact MasterCard or Visa so they can confirm your identity.

Your password, personal assurance message and security question/answer should only be known to you. These are not to be given direct to the online merchant, and inputting them will not allow the retailer to see them.

Once registered, any time you use your card to make a purchase at a participating online retailer, a pop-up screen from Westpac security services will appear displaying your unique PAM and asking for your password. You just need to confirm the PAM, enter your password, and then proceed with the purchase.

Was this content helpful to you? No  Yes

Related Posts

Ask a Question

You are about to post a question on finder.com.au

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Disclaimer: At finder.com.au we provide factual information and general advice. Before you make any decision about a product read the Product Disclosure Statement and consider your own circumstances to decide whether it is appropriate for you.
Rates and fees mentioned in comments are correct at the time of publication.
By submitting this question you agree to the finder.com.au privacy policy, receive follow up emails related to finder.com.au and to create a user account where further replies to your questions will be sent.

Credit Cards Comparison

Rates last updated October 22nd, 2016
Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
Enjoy a 0% p.a. balance transfer offer for 18 months and also earn 2 bonus Velocity Points in the first 3 months on everyday spend.
20.74% p.a. 0% p.a. for 18 months $64 p.a. annual fee for the first year ($129 p.a. thereafter) Go to site More info
ME Bank frank Credit Card
Enjoy a low and consistent interest rate on purchases and cash advances, combined with no annual fee.
11.99% p.a. $0 p.a. Go to site More info
HSBC Platinum Credit Card
Receive a full annual fee refund and save $149 if you meet the $6,000 spend requirement. Enjoy a balance transfer offer and platinum card benefits such as complimentary insurances and concierge services.
19.99% p.a. 0% p.a. for 15 months $149 p.a. Go to site More info
NAB Low Rate Credit Card
The NAB Low Rate Card offers 0% p.a. on purchases and balance transfers for 15 months. This card also comes with a low annual fee.
0% p.a. for 15 months (reverts to 13.99% p.a.) 0% p.a. for 15 months with a one off 3% balance transfer fee $59 p.a. Go to site More info

* The credit card offers compared on this page are chosen from a range of credit cards CreditCardFinder.com.au has access to track details from and is not representative of all the products available in the market. Products are displayed in no particular order or ranking. The use of terms 'Best' and 'Top' are not product ratings and are subject to our disclaimer. You should consider seeking independent financial advice and consider your own personal financial circumstances when comparing cards.

Ask a question