Bankwest Zero Mastercard

On Bankwest's website

Bankwest Zero Mastercard

Highlights

  • Pay no annual fee as long as you hold the card.
  • 0% p.a. for 34 months on balances transferred (2% balance transfer fee applies). Reverts to 14.99% p.a. thereafter.
  • Up to 55 days interest-free on purchases.
  • New customers only. Limited time. Other fees and charges, T&Cs apply.

Pros and cons

Pros

  • There is no annual fee for as long as you keep the card.
  • The current balance transfer offer is extremely competitive.
  • Interest on purchases is comparatively low.

Cons

  • Balance transfers incur a one-off fee.
  • You cannot earn credit card points.

The basics

  • Additional cardholders. It's possible to add up to 3 additional cardholders for free. The account holder is responsible for payments and general account maintenance.
  • Digital wallets. The Bankwest Zero Mastercard works with major digital wallets including Apple Pay, Google Pay, and Samsung Pay.
  • Gambling transactions. Gambling transactions are permitted, but they will be treated as a cash advance.

Rewards and benefits

  • Complimentary travel insurance. This card also does not come with any complimentary domestic or international travel insurance. Cardholders get extended warranty insurance protection and fraud protection insurance as standard.
  • Concierge services. Cardholders will not have access to a concierge service.
  • Lounge access. There is no airport lounge access with this card.
  • Rewards points. The Bankwest Zero Mastercard does not have a rewards program.

Rates and fees

  • Annual fee. This card's ongoing annual fee is $0 — as low as you can get.
  • Balance transfers. This credit card does not currently have a balance transfer offer.
  • Cash advances. Purchases classified as a cash advance will incur interest at the rate of 21.99% p.a. plus a cash advance fee of 2% of the amount you borrow. Interest on cash advances is charged from the date of the transaction.
  • Foreign exchange fee. Any foreign currency transactions made with this card either overseas or with an online store will attract a 2.95% fee.
  • Interest-free period. Pay no interest for 55 days when you pay off your credit card bill in full and on time, helping to improve your cash flow between paydays.
  • Purchases. There is no introductory offer on purchases. Any purchase made with this card will attract interest at the standard rate of 14.99% p.a. until repaid.
  • Sign up bonus. Bankwest do not offer any welcome bonus points for signing up to this card.