Bankwest Zero Platinum Mastercard

On website

Bankwest Zero Platinum Mastercard

Highlights

  • No annual fee.
  • 0% p.a. for 28 months on balances transferred (3% balance transfer fee applies). Reverts to 14.99% p.a. thereafter.
  • No foreign transaction fees.
  • New customers only. Limited time. Other fees and charges, T&Cs apply.

Pros and cons

Pros

  • No annual fee to pay — ever.
  • Very long interest-free balance transfer offer.
  • No fees on purchases in a foreign currency.

Cons

  • There is a 3% fee on balance transfers.
  • You can't earn rewards points.

Our review

Convenience

Customer service

Rates and fees

Rewards

Trust

The basics

  • Additional cardholders. Up to 3 additional cardholders can be added for free. The account holder will be responsible for keeping up with payments and general account management.
  • Digital wallets. Compatible with popular digital wallets including Apple Pay, Google Pay, and Samsung Pay.
  • Gambling transactions. Gambling transactions are permitted, however, they will attract interest at the cash advance rate.

Rewards and benefits

  • Complimentary travel insurance. This card does not include complimentary travel insurance. However, cardholders receive extended warranty insurance protection and fraud protection insurance as standard benefits.
  • Concierge services. Cardholders do not have access to a concierge service with this card.
  • Lounge access. There is no airport lounge access for cardholders.
  • Rewards points. There is no rewards program associated with the Bankwest Zero Platinum Mastercard.

Rates and fees

  • Annual fee. This card's ongoing annual fee is $0, meaning you can keep the account open without having to pay for it.
  • Balance transfers. The Bankwest Zero Platinum Mastercard provides a 28-month balance transfer option with a 3% fee. If any transferred balance is not paid by the end of the introductory period, it will be subject to the purchase rate of 14.99% per annum.
  • Cash advances. Purchases classified as cash advances will incur interest at the rate of 21.99% p.a. plus a cash advance fee of 3% (or $4 whichever is greater) of the amount you borrow. Cash advances attract interest immediately from the date of the transaction.
  • Foreign exchange fee. There is no fee for foreign currency transactions made with this card.
  • 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. With no introductory offer on purchases made with the Bankwest Zero Platinum Mastercard, any purchases will attract an interest of 14.99% p.a. This rate is comparatively low for credit cards.
  • Sign-up bonus. This card does not have a sign-up bonus of credit card points.

Nilooka Dissanayake

Reviewed by Nilooka Dissanayake

Writer

User reviews

Convenience

Customer service

Rates and fees

Rewards

Trust

Flexible

Reviewed by Chennedy

This is a very flexible card. It is accepted everywhere I need. I appreciate the free travel insurance and the overseas purchases conversion fee waiver is most appreciated as I buy overseas a lot. I also found the dispute resolution team invaluable and extremely helpful and fair minded. They helped me out of a deep hole. Highly recommended.


Pay on time and get late fees

Reviewed by Doug

Generally this card is excellent but Bankwest really sucks. I always pay on time with BPAY and last bill they charged me late fees saying BPAY processing time varies. That is their problem not mine. I don’t get mobile service at my house


Worth it

Reviewed by E

This card saved me lots of money. There are no annual or application fees ever, low interest and only 2% cash withdrawal fees—that’s low when compared to other cards which are generally 3%. On top of that, there’s no international transaction fees, making this an excellent choice for overseas traveller. You will also get free insurance on overseas purchases. Highly recommended.


Great for travel

Reviewed by Christina

It is a great card for travel and convenience and I would recommend it to anyone who travels overseas on work or for leisure. Also you do not get charged an annual fee, and travel insurance is included when you purchase your ticket for travelling via the credit card.


Perfect card for travellers

Reviewed by Jessica

We decided to go with this credit card for the purpose of international travel. There are no fees, and best of all no currency conversion fees. This means it’s not only good for travelling, but international online purchases too.

The setup was easy, and we haven’t had to deal with Bankwest much, which is a good thing! I have no complaints about service.


Good for regular travellers, but no reward points

Reviewed by Indra

This card is suitable for people who like to travel regularly. It comes with free travel insurance and no foreign exchange fee.

Statements are delivered electronically unless you opt-in for paper-based statements, for a fee.

There’s no annual fee on the card, but there are no reward points either. I have had this card for many years simply because there is no annual fee, but I hardly use this card due to the fact that it is not earning points. So I just keep it as a rainy-day card.


A card for all my foreign currency transactions

Reviewed by Gigi

This is my go-to card for all of my foreign currency transactions. With no annual fee, it doesn’t cost me anything to keep it in my wallet and it saves me heaps of foreign currency transaction fees when I shop online or travel overseas.

The only drawback is that I don’t get any reward points for spending on this card. That’s a small price to pay for the amount of money it saves me.


No annual fee, free inclusions, great service

Reviewed by Ocea

I’m 100% happy: no annual fees, an average interest rate (but I pay in full monthly so there’s no cost), and awesome free inclusions like travel insurance. If I book flights or accommodation using the card, it’s all covered by insurance.

I missed a connecting flight home from China and had fraudulent activity which was no fault of my own. The bank was amazing at a very difficult time.


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