If you're a frequent flyer looking for a credit card with platinum perks, then the Bankwest Qantas Platinum MasterCard could be your card. The card comes with complimentary overseas travel insurance (limitations and exclusions apply), and no foreign transaction fees on overseas purchases, whether made online or in person.
This card is a winner of an award in the 2022 Mozo Experts Choice Travel Money Award in the Platinum Travel Credit Card category.
If you have debt on another card, the Bankwest Qantas Platinum Mastercard has a 2.99% balance transfer offer for the first 9 months, but beware that it reverts back to the 19.99% purchase rate at the end of the offer.
What's more, new customers can earn up to 40,000 Qantas Points when you spend $3,000 on eligible purchases in the first 90 days and an additional 10,000 Qantas Points if you keep the card open for over 15 months. This is for a limited time only, and other fees, terms and conditions apply.
The Platinum card has an annual fee of $160. You will be able to use your Platinum card wherever MasterCard is
accepted worldwide.
You will earn 0.60 Qantas Points per $1 spent for the first $2,500 you spend each month and 0.3 Qantas Points per $1 spent after that. You can also earn points quicker by having up to three additional cards. If you're not already a member of the Qantas Frequent Flyer Program you will receive complimentary membership valued at $99.50.
If you travel overseas regularly you will benefit from the overseas travel insurance that comes free with the credit card. As a platinum card holder you also won't pay any foreign currency exchange fees on purchases which compared with other cards that charge around 3% on all purchases, will save you money whether you are shopping online or while you're away.
Bankwest is also allowing customers to pay off purchases with their easy installment purchase plan.
This credit card is best suited to people who want to put all their rewards points towards redeeming flights and travel offers through Qantas.
Just the usual warnings for any credit card holder. Set up automatic monthly repayments to ensure that you don't miss a payment and get lumped with a $25 late payment fee.
Like most credit cards, if you withdraw cash using your card, you will start paying the high 21.99% cash advance rate immediately.
Rates and fees information correct as at 20 April 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
110,400 points
8,000 points
20,010 points
-
0.6 points per dollar on Mastercard, up to $2,500 per month, then
0.3 points per dollar on Mastercard, uncapped
Points are automatically credited to the Qantas Frequent Flyer program.
All rewards are redeemed via Qantas Frequent Flyer.
See Bankwest site for full Terms and Conditions.
Receive 40,000 Bonus Qantas Points when you spend $3,000 on eligible purchases in the first 90 days and an additional 10,000 Bonus Qantas Points after keeping the card account open for 15 months.
Spend $36,700 (Mastercard)
Spend $13,333 (Mastercard)
Spend $338,000 (Mastercard)
Uncapped
Never
|
19.99% p.a. |
|
|
none |
|
|
2.99% p.a. for 9 months and then 19.99% p.a. |
|
|
no |
|
|
21.99% p.a. |
|
|
44 |
|
$160.00 |
|
|
none |
|
|
none |
|
|
none |
|
|
$25.00 |
|
|
3%, Min $4 |
|
|
0% |
|
|
$1.25 |
|
|
$0.00 |
|
|
$0.00 |
|
$20.00 |
|
|
2.0 |
|
|
3 |
|
|
none |
Apple Pay, Google Wallet
Travel Insurance,
Extended Warranty,
Purchase Protection
Set up Easy Instalments purchase plans to spread the cost of up to 5 eligible purchases over 4 monthly instalments at 0% p.a.
We find Bankwest and out local branch to be great!
Read full reviewWe find Bankwest and out local branch to be great!
Great service.
Read full reviewThe Bank has a great online super user friendly web site. It is way better than NAB. They also have open message bank to contact the bank. I love them , although the interest rates are always too high whichever bank I use,
Read full reviewThe Bank has a great online super user friendly web site. It is way better than NAB. They also have open message bank to contact the bank. I love them , although the interest rates are always too high whichever bank I use,
After reading all these negative reviews I don’t understand where they are coming from, my experience has been amazing. My experience has always been a genuinely positive one with Bankwest. I’ve been with Bankwest for 6 years now and even During the COVID19 pandemic they gave me a call just to check in (I only had my $1,000 credit card with nothing owing on it) which I thought was great customer service. The products they offer are reasonably priced (percentage) and from my experience they are always open to have a chat about interest rates if your looking for a better deal. The ability to sign documents using the secure bank mail feature on their internet banking is amazing for someone like myself who resides in Melbourne. As i mentioned before some of these negative reviews I don’t believe, please do your research before taking what is said as gospel, this really is an amazing friendly bank that provides a five star service.
Read full reviewAfter reading all these negative reviews I don’t understand where they are coming from, my experience has been amazing. My experience has always been a genuinely positive one with Bankwest. I’ve been with Bankwest for 6 years now and even During the COVID19 pandemic they gave me a call just to check in (I only had my $1,000 credit card with nothing owing on it) which I thought was great customer service. The products they offer are reasonably priced (percentage) and from my experience they are always open to have a chat about interest rates if your looking for a better deal. The ability to sign documents using the secure bank mail feature on their internet banking is amazing for someone like myself who resides in Melbourne. As i mentioned before some of these negative reviews I don’t believe, please do your research before taking what is said as gospel, this really is an amazing friendly bank that provides a five star service.
Qantas Ultimate Card
23.99% p.a.
No current offer
$450
Qantas Frequent Flyer
Platinum Edge Credit Card
23.99% p.a.
No current offer
$195 $0 in the first year
Membership Rewards
Explorer Credit Card
23.99% p.a.
No current offer
$395
Membership Rewards
Velocity Platinum Card
23.99% p.a.
No current offer
$375
Velocity Frequent Flyer
Low Rate Card
13.49% p.a.
0% p.a. for 28 months and then 21.74% p.a. (2.00% balance transfer fee)
$59 $0 in the first year
Qantas Discovery Card
23.99% p.a.
No current offer
$0
Qantas Frequent Flyer
Velocity Escape Card
23.99% p.a.
No current offer
$0
Velocity Frequent Flyer
Qantas Ultimate Card
Qantas Frequent Flyer
$450
60,000
1.25 points up to 100,000 points/year, then
1 point uncapped
Platinum Visa Credit Card
Qantas Frequent Flyer
$299
50,000
1 point up to 20,000 points/month
Qantas Rewards Premium Card
Qantas Frequent Flyer
$250 $150 in the first year
70,000
0.66 points up to $3,000/month, then
0.33 points up to $6,000/month
Qantas Premium Card
Qantas Frequent Flyer
$249
20,000
1 point uncapped
Rewards Signature Card
NAB Rewards
$295 $145 in the first year
160,000
1.25 points uncapped
Qantas Discovery Card
Qantas Frequent Flyer
$0
No current offer
0.75 points uncapped
Velocity Escape Card
Velocity Frequent Flyer
$0
No current offer
0.75 points uncapped
Qantas Rewards Signature Card
Qantas Frequent Flyer
$395 $295 in the first year
120,000
1 point up to $5,000/month, then
0.5 points up to $20,000/month
Low Rate Card
0% p.a. for 28 months and then 21.74% p.a. (2.00% balance transfer fee)
13.49% p.a.
$59 $0 in the first year
Premier Credit Card
0% p.a. for 6 months and then 22.24% p.a.
21.49% p.a.
$300 $150 in the subsequent years if you spend $48,000 on eligible purchases or cash advances in previous year., $150 in the first year
Citi Rewards Program
Blue Visa Credit Card
0% p.a. for 9 months and then 21.74% p.a.
0% p.a. for 9 months then 20.74% p.a.
$60
Q Rewards
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
0% p.a. for 24 months and then 20.99% p.a.
20.74% p.a.
$149 $0 in the first year
Velocity Frequent Flyer
More Mastercard
0% p.a. for 6 months and then 19.99% p.a. (1.00% balance transfer fee)
19.99% p.a.
$100
Bankwest More Rewards
Low Rate Card
13.49% p.a.
0% p.a. for 28 months and then 21.74% p.a. (2.00% balance transfer fee)
$59 $0 in the first year
Low Rate Credit Card
12.99% p.a.
0% p.a. for 12 months and then 25.99% p.a. (2.00% balance transfer fee)
$99
Low Rate Visa Credit Card
9.90% p.a.
No current offer
$59
Low Rate Credit Card
8.99% p.a.
0% p.a. for 6 months and then 8.99% p.a.
$59 $0 in the first year
Low Rate Card
13.49% p.a.
0% p.a. for 28 months and then 21.74% p.a. (2.00% balance transfer fee)
$59 $0 in the first year
Low Rate Credit Card
12.99% p.a.
0% p.a. for 12 months and then 25.99% p.a. (2.00% balance transfer fee)
$99
Low Rate Visa Credit Card
9.90% p.a.
No current offer
$59
Low Rate Credit Card
8.99% p.a.
0% p.a. for 6 months and then 8.99% p.a.
$59 $0 in the first year
Blue Visa Credit Card
0% p.a. for 9 months then 20.74% p.a.
0% p.a. for 9 months and then 21.74% p.a.
$60
Flex Card
0% p.a.
No current offer
$120 $10 monthly fee waived if the outstanding balance on the previous statement is paid in full by the due date.
StraightUp Card
n/a
No current offer
$240 $20/month - waived if no spend & no balance owing
