More Mastercard card image

Bankwest More Mastercard

Advertiser disclosure
Purchase rate
19.99% p.a.
Balance transfer rate
0% p.a. for 6 months and then 19.99% p.a. (1.00% balance transfer fee)
Annual fees
Interest free days on purchases

Mozo editorial review Bankwest More Mastercard - last updated: 7 February 2022

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What's hot
  • Low $100 annual fee
  • 19,500 annual bonus points each year ($24,000 minimum spend applies)
  • 0% p.a balance transfer rate for 6 months (1% BT fee applies)
  • Pay off purchases in installments
What's not
  • High 21.99% cash advance rate
Mozo snapshot

The Bankwest More Mastercard low annual fee, convenient balance transfer term and fantastic and unique rewards program combine to create a card that would put a smile on anyone's face. You can bag 19,500 annual bonus points every year, as long as you spend $24,000 on eligible purchases each year.

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Key features

The Bankwest More Mastercard offers a great rewards program without the hefty annual fee or over the top purchase rate. Customers earn 1.5 rewards points for every dollar spent. Cardholders can score 19,500 points every year (but you'll have to spend $24,000 each year). Points are capped at 150,000 points p.a. and expire after 36 months. 

Points can be redeemed for over 3,000 different products such as cashback and gift cards through Bankwest's More Rewards program.

If you have existing debt from another card, the Bankwest More Mastercard offers customers a 0% balance transfer rate for 6 months (1% BT fee applies). And there's no need to stress - unlike some other cards, after the six months any remaining balance will roll over to the 19.99% purchase rate, and not the super-high cash advance rate. 

Bankwest is also allowing customers to pay off purchases with their easy installment purchase plan.

Who is it good for

The Bankwest More Mastercard would suit someone who is looking for a rewards card that won't break the bank. 

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Any catches

Avoid late repayments - they will incur a $25 late fee. To help you, remember to set up Bankwest "Easy Alerts" in your app.

Rewards program details

Rates and fees information correct as at 2 July 2022. 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.
What your points get you

Fly Sydney to London return

640,000 points

Fly Sydney to Melbourne one-way

58,400 points

$100 Giftcard

40,000 points

$100 Cash

40,000 points

Points earning

1.5 points per dollar on Mastercard, up to 150000 points per year

Rewards scheme

Redeem your points for cashback, travel, gift cards, retail rewards and shopping gift cards.

Rewards are redeemed via Flight Centre or Virgin Australia vouchers.

Bonus points available from selected partner merchants.

See Bankwest site for full Terms and Conditions.

Special offers

Earn 19,500 annual bonus points when you spend a minimum of $24,000 on eligible purchases in that year.

Value of rewards points

Spend $26,667 (Mastercard)

Spend $26,667 (Mastercard)

Spend $38,933 (Mastercard)

Spend $426,667 (Mastercard)

at 150,000 points yearly

36 months

How do we calculate these points?
How do we calculate the rewards?

To work out the "Rewards value minus fees" in our Rewards Revealer we:

  • calculate how many points you'd get each year,

  • figure out how many flights or gift cards or cashback credits you could get for those points,

  • work out what that's actually worth to you,

  • take off the annual fee you'd pay.

More details:

  • Our calculations are designed to help you compare the value of different rewards schemes. To do this, we've looked at earning a one-way Sydney-Melbourne flight excluding taxes and charges, a return Sydney-London flight excluding taxes and charges, a $100 shopping Gift Card and $100 cashback. Most cards will also offer other rewards, which may be worth more or less than the ones we've shown.

  • We have made no allowance for bonus points for using your card at specific merchants, introductory offers or special offers. We have not assigned any value to instant discounts, insurances, ticketing and concierge services or other such benefits.

  • Rewards value calculations do not take credit card interest into account. If you do not pay off your card each month you may be better off looking for a card based on interest rates than on the value of rewards.

  • In products that have more than one card, a different mix of spend between American Express / Visa / Mastercard will give different results. Mozo's Rewards Revealer lets you choose the mix based on the way you would use such a product, and gives you tailored results.

  • We assume flights purchased with airline points are 'classic' or 'reward' economy seats with restricted seat availability. 'Any seat' rewards will probably cost more.

  • To compare the value of flight rewards, we sample online retail flight prices once a quarter based on the average price on a Wednesday 3 months in advance but outside NSW school holidays. For domestic flights we take the lowest available fare from each flight on that day from Qantas Red e-deal, Virgin Australia Saver including baggage and Jetstar Starter including baggage. We calculate the average price excluding taxes and surcharges for each airline, and also the average across all airlines (which we use when rewards are travel agent vouchers). For international flights, we take the lowest available fares on that same Wednesday from each of Qantas, Emirates, Malaysian, Etihad, Singapore, Cathay Pacific and Thai, assuming a return flight 2 weeks later, calculate the average price before taxes and surcharges and use this as our assumed cost of a flight on any airline.

  • Shopping rewards are based on $100 gift cards from a major national department store.

  • We make every effort to ensure our calculations are correct and up to date but make no guarantees.


Rate and fee details


19.99% p.a.


0% p.a. for 6 months and then 19.99% p.a. (1.00% balance transfer fee)


21.99% p.a.








2%, Min $4.00










Payment options

Apple Pay, Google Pay

Other benefits

Set up Easy Instalments purchase plans to spread the cost of up to 5 eligible purchases over 4 monthly instalments at 0% p.a.

Customer Reviews

How are Bankwest credit cards rated by the Mozo community?

Customer service

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About Bankwest