Bankwest offer a range of low rate credit card options, boasting some seriously competitive interest rates. These cards are perfect for day-to-day spending and people who love to shop up a storm. For extra features like complimentary insurance, you can opt for the Platinum card - it won’t affect your low rate, but remember it will mean higher fees. Also, keep in mind that the great interest rates don’t extend to cash advances, and you’ll be hit with much higher charges for visiting the ATM.
| Product | Purchase rate | Balance transfer rate | Annual fees | Interest free days on purchases |
|---|---|---|---|---|
|
12.99% p.a. |
0% p.a. for 24 months and then 12.99% p.a. (3.00% balance transfer fee) |
$49 |
55 |
|
|
12.99% p.a. |
0% p.a. for 24 months and then 12.99% p.a. (3.00% balance transfer fee) |
$59 |
55 |
If you’re looking for a fee free credit card option, then look no further! With higher interest rates but zero annual fees, Bankwest fee free cards are great for spenders who are militant about paying off their full balance each month. You can even choose a Platinum card without paying an annual fee! The best news? Unlike some cards that start charging an annual fee after the first year, the Bankwest range is fee free for the life of the card.
| Product | Purchase rate | Balance transfer rate | Annual fees | Interest free days on purchases |
|---|---|---|---|---|
|
12.99% p.a. |
0% p.a. for 24 months and then 12.99% p.a. (3.00% balance transfer fee) |
$49 |
55 |
|
|
12.99% p.a. |
0% p.a. for 24 months and then 12.99% p.a. (3.00% balance transfer fee) |
$59 |
55 |
|
|
0% p.a. for 6 months then 18.99% p.a. |
0% p.a. for 6 months and then 18.99% p.a. (3.00% balance transfer fee) |
$0 |
55 |
|
|
0% p.a. for 6 months then 18.99% p.a. |
0% p.a. for 6 months and then 18.99% p.a. (3.00% balance transfer fee) |
$0 |
55 |
If earning rewards points is your game, you're spoilt for choice with the Bankwest Rewards program! There are two types of Bankwest credit cards that offer rewards for spending, depending on what kind of rewards you’re after. Bankwest rewards cards offer a variety of great perks, including cashback, discounted travel and retail gift cards. You can choose from the Classic or Platinum version - the latter will get you higher limits on how many points you can earn, but they’ll also attract higher fees. No matter which card you opt for, keep in mind that Bankwest rewards points will expire after 36 months. All these goodies do come at a cost - you’ll pay a higher purchase rate as well as paying higher annual fees on both these cards.
| Product | Points per dollar | Purchase rate | Balance transfer rate | Annual fees |
|---|---|---|---|---|
|
1.5 points per dollar on Mastercard, up to 150000 points per year |
19.99% p.a. |
0% p.a. for 6 months and then 19.99% p.a. (1.00% balance transfer fee) |
$100 |
|
|
2 points per dollar on Mastercard, up to 400000 points per year |
19.99% p.a. |
0% p.a. for 6 months and then 19.99% p.a. (1.00% balance transfer fee) |
$160 |
|
|
2.5 points per dollar on Mastercard, uncapped |
19.99% p.a. |
0% p.a. for 6 months and then 19.99% p.a. (1.00% balance transfer fee) |
$270 |
|
|
0.6 points per dollar on Mastercard, up to $2,500 per month, then |
19.99% p.a. |
2.99% p.a. for 9 months and then 19.99% p.a. |
$160 |
|
|
1 point per dollar on Mastercard, up to $5,000 per month, then |
19.99% p.a. |
2.99% p.a. for 9 months and then 19.99% p.a. |
$270 |
Premium perks aren’t out of reach with a prestige credit card from Bankwest in your pocket. With a Platinum masterCard from Bankwest, you can cash in on great freebies like your very own personal concierge, complimentary travel insurance, extended warranty cover, and purchase protection guarantee. If you’re budget is a little tighter, opt for a low rate or low fee version, or, if you don’t mind paying a little more in annual fees and interest, snag a rewards option to maximise the bonuses you can earn.
| Product | Points per dollar | Purchase rate | Balance transfer rate | Annual fees |
|---|---|---|---|---|
|
|
12.99% p.a. |
0% p.a. for 24 months and then 12.99% p.a. (3.00% balance transfer fee) |
$59 |
|
|
2 points per dollar on Mastercard, up to 400000 points per year |
19.99% p.a. |
0% p.a. for 6 months and then 19.99% p.a. (1.00% balance transfer fee) |
$160 |
|
|
2.5 points per dollar on Mastercard, uncapped |
19.99% p.a. |
0% p.a. for 6 months and then 19.99% p.a. (1.00% balance transfer fee) |
$270 |
|
|
0.6 points per dollar on Mastercard, up to $2,500 per month, then |
19.99% p.a. |
2.99% p.a. for 9 months and then 19.99% p.a. |
$160 |
|
|
1 point per dollar on Mastercard, up to $5,000 per month, then |
19.99% p.a. |
2.99% p.a. for 9 months and then 19.99% p.a. |
$270 |
|
|
|
0% p.a. for 6 months then 18.99% p.a. |
0% p.a. for 6 months and then 18.99% p.a. (3.00% balance transfer fee) |
$0 |
Are you a bit of a globetrotter? Bankwest’s Frequent Flyer rewards cards will automatically convert your rewards points into Frequent Flyer miles to help you rack up a cheap-as-chips holiday. On premium Frequent Flyer cards, you’ll also be able to cash in on a number of free insurance options - including international travel insurance. There is a yearly cap on points you can earn, but these points never expire, so you can save up for the holiday of a lifetime! You’ll pay an annual fee on Bankwest Frequent Flyer cards, as well as the kind of hefty purchase rate you’ll find attached to most such rewards cards.
| Product | Points per dollar | Purchase rate | Balance transfer rate | Annual fees |
|---|---|---|---|---|
|
0.6 points per dollar on Mastercard, up to $2,500 per month, then |
19.99% p.a. |
2.99% p.a. for 9 months and then 19.99% p.a. |
$160 |
|
|
1 point per dollar on Mastercard, up to $5,000 per month, then |
19.99% p.a. |
2.99% p.a. for 9 months and then 19.99% p.a. |
$270 |
You’ll get up to 55 interest free days on low rate or no annual fee options, and up to 44 days with a Bankwest rewards credit card. Keep in mind that this interest free period applies only as long as you pay the full balance of your credit card before the due date - including any balance transfers or cash advances.
Unless you opt for a fee free card, you’ll be charged an annual fee for your Bankwest credit card. Other fees you might be charged include:
- International transaction fees (unless you’re a platinum cardholder, in which case this one is waived.)
- Some balance transfers may come with a handling fee
- Late payment fees
- Cash advance fees
Absolutely! If you’re looking to handle credit card debt by doing a balance transfer, you can do so with any of your Bankwest credit cards and some of the rates on offer are pretty impressive! If you’re opting for a Bankwest Breeze Mastercard, you get a longer low rate balance transfer period to pay off your balance, but this is one card where you will be hit with a balance transfer handling fee.
The very best reason to grab a Bankwest credit card for your balance transfer is that after the initial low interest rate period, anything you haven’t paid off will roll over to the purchase rate, rather than the much higher cash advance rate like with a lot of credit cards.
Yep! Paypass or Tap ‘n’ Go are available on the Mastercard system, which is what Bankwest credit cards use.
Yes! Another benefit of the Mastercard system is that it’s accepted pretty much all over the world. That means your Bankwest credit card can take you wherever you want to go. But you should keep in mind that you’ll be charged a foreign transaction fee each time you use your card - except if you have a Platinum card. In that case, you can flash your plastic all over the world fee free.
If you’ve got a Platinum credit card of any kind from Bankwest, you’re eligible for a couple of different types of insurance. One is complimentary travel insurance for you and your family.
The other two - purchase security insurance and extended warranty insurance - relate to how you spend and use your credit card. The former gives you 3 months of cover for anything you buy that is lost, damaged or stolen and the latter extends the manufacturer's warranty on your purchases for up to 12 months.
Why not be rewarded for your spending? You’ve got two options with Bankwest credit cards, so here are the details on each one:
Each card has a different annual cap on points and you may earn different amounts of points on different cards. Check out the table below for the details:
| More Mastercard | More Platinum Mastercard | More World Mastercard | |
|---|---|---|---|
| Points per $1 spent | 1.5 | 2 | 2.5 |
| Annual cap on points | 150,000 | 400,000 | No cap |
You can earn points on heaps of different purchases, but there are a few exceptions. So, make sure your spending is going to good use and don’t count on earning points from:
- Cash advances
- Balance transfers
- Fees or interest interest charges (from your credit card or any other financial products, for example bank fees)
- Foreign exchange purchases
- Anything related to gambling, including online
- Business expenses
You’ll earn a different amount of Qantas frequent flyer points for every $1 you spend, depending on which level of Bankwest Qantas MasterCard you have. Check out our table below for how many points your card will earn you:
| Credit Card | Frequent flyer points per $1 spent |
|---|---|
| Bankwest Qantas Platinum Mastercard | 0.75 up to $2,500 per month, then 0.3 uncapped |
| Bankwest Qantas World Mastercard | 1 point, up to $5,000 a month, then 0.5, uncapped |
The highest is 0.66, which is not a great return, but not the lowest around either. You can redeem these points for a bunch of different rewards, including flights, accommodation, car hire or in the Qantas Store.
There’s one final thing you should keep in mind when you start racking up rewards points on your Bankwest credit card: before your points can be redeemed on either a Qantas Mastercard or a More Mastercard, you need to have spent $1,500 and been a card holder for 60 days.
And, to be sure you’re getting the most bang for your rewards card buck, check out our guide to calculating rewards points.
Unfortunately, credit card fraud is one of the risks of having a credit card. The good news is, there are a few ways you can limit that risk.
Use SMS code. Sometimes, when you shop online with your Bankwest credit card, you’ll be sent an SMS code that you need to enter to complete the purchase. This gives you added security by making it harder for someone else to make purchases on your account - they won’t have your mobile phone, and so won’t know your SMS code.
Report stolen or lost credit cards to Bankwest as soon as possible. You can choose to either place a temporary lock on your card if you think you might find it (i.e. when you’re pretty positive it just slipped behind the couch cushions) or to cancel the card permanently if it’s gone for good (i.e. you saw it drive away in the backseat of a taxi).
If you see a transaction on your statement that you didn’t make it could be fraud. If you’re sure it’s not something you’ve forgotten or something an additional cardholder has bought (you told your kids it was for ‘emergencies only’, but sometimes, pizza seems like an emergency) then you can fill in a Transaction Dispute Form.
Mozo users have rated Bankwest credit cards on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.
This card has zero annual fee and has complimentary travel insurance. It also has no transaction fee for overseas purchases beside a favourable exchange rate. Every time I en countered an unauthorised transaction and reported it to the bank via internet banking mail, they swiftly process my dispute and reverse the fraudulant charges. I can't leave for overseas without it.
Read full reviewThis card has zero annual fee and has complimentary travel insurance. It also has no transaction fee for overseas purchases beside a favourable exchange rate. Every time I en countered an unauthorised transaction and reported it to the bank via internet banking mail, they swiftly process my dispute and reverse the fraudulant charges. I can't leave for overseas without it.
Easy to use online banking, customer service isn’t all the best. Tried to close one of my accounts and they refused to help me
Read full reviewEasy to use online banking, customer service isn’t all the best. Tried to close one of my accounts and they refused to help me
convenient, interest free period of 15 months, no annual fee for first 12 months. Low credit card limit for affordability but still enough for travel and everyday bills. Fast approval and great service and communication. Easy access via mobile app.
Read full reviewconvenient, interest free period of 15 months, no annual fee for first 12 months. Low credit card limit for affordability but still enough for travel and everyday bills. Fast approval and great service and communication. Easy access via mobile app.
I rang up for a balance and to close my account due to fraud activities, got the balance paid at least 3 days before due date and then have been charged on my next statement another fee. Rang to get an explanation that did not make any sense at all. So goodbye Bankwest
Read full reviewI rang up for a balance and to close my account due to fraud activities, got the balance paid at least 3 days before due date and then have been charged on my next statement another fee. Rang to get an explanation that did not make any sense at all. So goodbye Bankwest
Took a card and was making lump sum contributions, missed the minimum and never heard anything. They listed a failed payment and despite paying the total outstanding within weeks they refused to amend. Never tried to reach out before the negative credit listing
Read full reviewTook a card and was making lump sum contributions, missed the minimum and never heard anything. They listed a failed payment and despite paying the total outstanding within weeks they refused to amend. Never tried to reach out before the negative credit listing
Now that you know all the details about Bankwest credit cards, it might be time to take the plunge and apply. To do that, you’ll have to:
If you tick all those boxes, you can start your application, either online, over the phone or in a Bankwest branch.
Here’s what you’ll need to have with you when you apply:
Or
Or
And
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For more, you can check out our guide on how to apply for a credit card.