Bankwest Qantas Platinum Mastercard

20.49% p.a.

2.99% p.a. for 9 months and then 20.49% p.a.

$160

Qantas Frequent Flyer

Bankwest Qantas Platinum Mastercard

20.49% p.a.

2.99% p.a. for 9 months and then 20.49% p.a.

$160

Qantas Frequent Flyer

Mozo Review   Bankwest Qantas Platinum Mastercard Review

Last updated: 3 May 2018.

What's hot:
  • No foreign transaction fees

  • 2.99% balance transfer rate for 9 months

  • Qantas Frequent Flyer membership fee wiped

  • Mozo Experts Choice Awards Winner 2018

What's not:
  • High 21.99% cash advance rate

Mozo snapshot:

If you're a frequent flyer looking for a credit card with Platinum perks then 2018 Mozo Experts Choice Award winner, the Bankwest Qantas Platinum MasterCard, could be your card. The card comes with complimentary credit card travel and medical insurance, and platinum extras like 24/7 concierge and no foreign transaction fees on overseas purchases, whether made online or in person (Limitations and exclusions apply).

Key features:

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 20.49% purchase rate at the end of the offer. 

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 0.5 Qantas Points for every dollar spent on the Bankwest Qantas Platinum MasterCard and you can 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 $89.50.

For the big spenders, just be aware that points are capped after $200,000 annual spend.

If you travel overseas regularly you will benefit from the travel and medical accident 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.


Who it's good for:

This credit card is best suited to people who want to put all their rewards points towards redeeming flights and travel offers through Qantas.

Any catches?

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.

Rewards program details

Rates and fees information correct as at 16 October 2018.

What your points get you

Fly Sydney to London

120,000 points

Fly Sydney to Melbourne

8,000 points

$100 Giftcard

16,160 points

$100 Cash

-

Points earning

0.5 points per dollar on Mastercard, up to 200000 points per year

Rewards scheme

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.

Value of rewards points

Spend $32,320 (Mastercard)

Spend $16,000 (Mastercard)

Spend $240,000 (Mastercard)

at 200,000 points yearly

Never

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.

Close

Rate and fee details

Rates
  • 20.49% p.a.

  • none

  • 2.99% p.a. for 9 months and then 20.49% p.a.

  • no

  • 21.99% p.a.

  • 44

Fees
  • $160.00

  • none

  • none

  • none

  • $25.00

  • 2%, Min $4.00

  • 0%

  • $7.50

  • $12.00

  • $0.00

Features
  • $20.00

  • 2.0

  • 3

  • none

Payment options

Google Pay, Payment Ring

Rewards privileges

Concierge,
Travel Insurance,
Extended Warranty,
Purchase Protection

Customer Reviews

How are Bankwest credit cards rated by the Mozo community?

Overall customer rating
7.4/10
Price
6.9/10
Features
6.2/10
Customer service
7.4/10
Convenience
7.5/10
Trust
7.4/10

Latest reviews of Bankwest Qantas Platinum Mastercard

  • Overall
    8/10
    Competitive rates

    Have always helped us out when needed, with what ever we've requested.

    Have always helped us out when needed, with what ever we've requested.

    Price
    8/10
    Features
    9/10
    Customer service
    5/10
    Convenience
    9/10
    Trust
    9/10

    David | Western Australia

    reviewed 7 months ago

  • Overall
    9/10
    Great product, usual platinum features

    Good product. Platinum features and service. Could be better priced to allow better value for...

    Good product. Platinum features and service. Could be better priced to allow better value for money.

    Price
    7/10
    Features
    9/10
    Customer service
    9/10
    Convenience
    9/10
    Trust
    9/10

    Guy | New South Wales

    reviewed about 3 years ago

  • Overall
    7/10
    Great for frequent flyer points and free insurance

    Free travel insurance when you purchase a min of $500 of your holiday accomodation or flights...

    Free travel insurance when you purchase a min of $500 of your holiday accomodation or flights using your card. I had to make a claim for an an accident when I was overseas and it was handled efficiently and professionally. I did not have to pay one cent out of my own pocket. Also get frequent flyer points when I shop using the card.

    Price
    3/10
    Features
    8/10
    Customer service
    8/10
    Convenience
    9/10
    Trust
    8/10

    Sharon | Western Australia

    reviewed about 3 years ago

  • Overall
    10/10
    Great customer service

    Personal contact anytime you ring and check within minutes if they think a purchase is a bit out...

    Personal contact anytime you ring and check within minutes if they think a purchase is a bit out of the ordinary.

    Price
    7/10
    Features
    10/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    10/10

    Tracy | Victoria

    reviewed about 3 years ago

  • Overall
    1/10
    Calculation of Qantas FF points problems!

    Calculation of my QANTAS FREQUENT POINTS is not accurate. I requested a review of my accrued...

    Calculation of my QANTAS FREQUENT POINTS is not accurate. I requested a review of my accrued points three weeks ago. I'm still waiting for the resolution of this problem.

    Price
    2/10
    Features
    3/10
    Customer service
    3/10
    Convenience
    3/10
    Trust
    2/10

    Disappointed | Western Australia

    reviewed about 3 years ago

Bankwest

About Bankwest

Bankwest is the bank best known for Making Banking Easier, an initiative which aims to make banking a more positive experience. Originally from Western Australia, Bankwest has attracted thousands of customers around the country with its competitively priced products such as the Hero Saver. In late 2008 the bank was bought by the Commonwealth Bank, who have promised to retain the Bankwest brand. So if you like the sound of Making Banking Easier, check out Bankwest's range of personal banking products including savings accounts, bank accounts, credit cards, home loans and more.

See Bankwest credit cards

Promoted

Bankwest

Bankwest

More Platinum Mastercard

19.99% p.a.

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

$160

Promoted

Bankwest

Bankwest

More Mastercard

19.99% p.a.

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

$100

Promoted

Bankwest

Bankwest

Zero Mastercard

17.99% p.a.

2.99% p.a. for 9 months and then 17.99% p.a.

$0

Promoted

Bankwest

Bankwest

Breeze Mastercard

0% p.a. for 13 months then 12.99% p.a.

0% p.a. for 13 months and then 12.99% p.a. (2.00% balance transfer fee)

$79

Promoted

Bankwest

Bankwest

Zero Platinum Mastercard

17.99% p.a.

2.99% p.a. for 9 months and then 17.99% p.a.

$0

Promoted

Bankwest

Bankwest

Breeze Platinum Mastercard

0% p.a. for 13 months then 12.99% p.a.

0% p.a. for 13 months and then 12.99% p.a. (2.00% balance transfer fee)

$99

Promoted

Bankwest

Bankwest

Qantas Mastercard

20.49% p.a.

2.99% p.a. for 9 months and then 20.49% p.a.

$100

Promoted

Bankwest

Bankwest

More World Mastercard

19.99% p.a.

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

$270

Promoted

Bankwest

Bankwest

Qantas World Mastercard

20.49% p.a.

2.99% p.a. for 9 months and then 20.49% p.a.

$270

Promoted

Woolworths

Woolworths

Everyday Platinum Credit Card

0% p.a. for 14 months and then 21.99% p.a.

19.99% p.a.

$49 $0 in the first year

Promoted

ME

ME

frank Credit Card

No current offer

11.99% p.a.

$0

Promoted

American Express

American Express

Explorer Credit Card

0% p.a. for 12 months and then 20.74% p.a. (1.00% balance transfer fee)

20.74% p.a.

$395

Promoted

Virgin Money

Virgin Money

Virgin Australia Velocity Flyer Card - Purchase Rate Offer

0% p.a. for 6 months and then 20.99% p.a.

0% p.a. for 14 months then 20.74% p.a.

$129

Promoted

American Express

American Express

Velocity Escape Card

0% p.a. for 12 months and then 20.74% p.a. (1.00% balance transfer fee)

20.74% p.a.

$0

Promoted

Bankwest

Bankwest

Breeze Platinum Mastercard

0% p.a. for 13 months and then 12.99% p.a. (2.00% balance transfer fee)

0% p.a. for 13 months then 12.99% p.a.

$99

Promoted

Westpac

Westpac

Altitude Black with American Express

No current offer

20.24% p.a.

$499 $300 in the first year

Promoted

Suncorp

Suncorp

Clear Options Platinum

0% p.a. for 18 months and then 21.99% p.a.

20.74% p.a.

$178

Promoted

Woolworths

Woolworths

Everyday Platinum Credit Card

1 point per dollar on Visa, uncapped

19.99% p.a.

$49 $0 in the first year

Promoted

Virgin Money

Virgin Money

Virgin Australia Velocity Flyer Card - Purchase Rate Offer

0.66 points per dollar on Visa, up to $1,500 per month, then
0.5 points per dollar on Visa, uncapped

20.74% p.a.

$129

Promoted

American Express

American Express

Explorer Credit Card

2 points per dollar on Amex, uncapped

20.74% p.a.

$395

Promoted

Westpac

Westpac

Altitude Black with American Express

1.25 points per dollar on Amex, 0.75 points per dollar on Mastercard, uncapped

20.24% p.a.

$499 $300 in the first year

Promoted

American Express

American Express

Velocity Escape Card

1 point per dollar on Amex, uncapped

20.74% p.a.

$0

Promoted

Suncorp

Suncorp

Clear Options Platinum

0.5 points per dollar on Visa, up to $8,000 per month

20.74% p.a.

$178

Promoted

St.George

St.George

Amplify Signature

0.75 points per dollar on Visa, uncapped

19.49% p.a.

$279 $179 in the first year

Promoted

Virgin Money

Virgin Money

Virgin Australia Velocity High Flyer Card

1 point per dollar on Visa, up to $8,000 per month, then
0.5 points per dollar on Visa, uncapped

20.74% p.a.

$289

Promoted

Woolworths

Woolworths

Everyday Platinum Credit Card

0% p.a. for 14 months and then 21.99% p.a.

$49 $0 in the first year

19.99% p.a.

Promoted

American Express

American Express

Velocity Escape Card

0% p.a. for 12 months and then 20.74% p.a. (1.00% balance transfer fee)

$0

20.74% p.a.

Promoted

Suncorp

Suncorp

Clear Options Platinum

0% p.a. for 18 months and then 21.99% p.a.

$178

20.74% p.a.

Promoted

Bankwest

Bankwest

Breeze Platinum Mastercard

0% p.a. for 13 months and then 12.99% p.a. (2.00% balance transfer fee)

$99

0% p.a. for 13 months then 12.99% p.a.

Promoted

28 Degrees

28 Degrees

Platinum Mastercard

4.99% p.a. for 6 months and then 21.99% p.a.

$0

21.99% p.a.

Promoted

Virgin Money

Virgin Money

Virgin Australia Velocity Flyer Card - Balance Transfer Offer

0% p.a. for 18 months and then 20.99% p.a.

$129 $64 in the first year

20.74% p.a.

Promoted

Citi

Citi

Platinum

0% p.a. for 24 months and then 21.74% p.a. (1.50% balance transfer fee)

$149 $49 in the first year

20.99% p.a.

Promoted

American Express

American Express

Explorer Credit Card

0% p.a. for 12 months and then 20.74% p.a. (1.00% balance transfer fee)

$395

20.74% p.a.

Promoted

ME

ME

frank Credit Card

11.99% p.a.

$0

No current offer

Promoted

Bankwest

Bankwest

Breeze Platinum Mastercard

0% p.a. for 13 months then 12.99% p.a.

$99

0% p.a. for 13 months and then 12.99% p.a. (2.00% balance transfer fee)

Promoted

NAB

NAB

Low Rate Platinum Card

13.99% p.a.

$100

0% p.a. for 6 months and then 21.74% p.a. (2.00% balance transfer fee)

Promoted

American Express

American Express

Essential Credit Card

14.99% p.a.

$0

0% p.a. for 12 months and then 14.99% p.a. (3.00% balance transfer fee)

Promoted

ANZ

ANZ

Low Rate

12.49% p.a.

$58

0% p.a. for 15 months and then 21.74% p.a.

Promoted

Citi

Citi

Clear Platinum

12.99% p.a.

$99 $0 in the first year

0% p.a. for 14 months and then 12.99% p.a.

Promoted

Bankwest

Bankwest

Breeze Mastercard

0% p.a. for 13 months then 12.99% p.a.

$79

0% p.a. for 13 months and then 12.99% p.a. (2.00% balance transfer fee)

Promoted

St.George

St.George

Vertigo

13.74% p.a.

$55

0% p.a. for 16 months and then 19.49% p.a.

Promoted

Woolworths

Woolworths

Everyday Platinum Credit Card

19.99% p.a.

0% p.a. for 14 months and then 21.99% p.a.

$49 $0 in the first year

Promoted

ME

ME

frank Credit Card

11.99% p.a.

No current offer

$0

Promoted

Virgin Money

Virgin Money

Virgin Australia Velocity Flyer Card - Purchase Rate Offer

0% p.a. for 14 months then 20.74% p.a.

0% p.a. for 6 months and then 20.99% p.a.

$129

Promoted

Bankwest

Bankwest

Breeze Platinum Mastercard

0% p.a. for 13 months then 12.99% p.a.

0% p.a. for 13 months and then 12.99% p.a. (2.00% balance transfer fee)

$99

Promoted

Westpac

Westpac

Altitude Black with American Express

20.24% p.a.

No current offer

$499 $300 in the first year

Promoted

St.George

St.George

Amplify Signature

19.49% p.a.

No current offer

$279 $179 in the first year

Promoted

NAB

NAB

Rewards Signature Card

19.99% p.a.

0% p.a. for 6 months and then 21.74% p.a. (2.00% balance transfer fee)

$295

Promoted

ANZ

ANZ

Rewards Black

18.79% p.a.

No current offer

$375