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BankWest More Platinum MasterCard
Pros
Earn 75,000 Annual Bonus Points every year
Earn 2 points per $1 spent on eligible purchases
No Foreign Transaction Fees
Complimentary Travel and Shopping Insurances
0% p.a. on Balance Transfers for the first 6 months
Cons
$160 Annual Fee
Minimum $48,000 spend required each anniversary year to receive Bonus Points
1% Balance Transfer Fee
Details
| Category | Balance Transfer Credit Cards and Rewards Credit Cards |
|---|---|
| Card Type | Mastercard |
| Benefits | Complimentary Travel Insurance and No Foreign Transaction Fee |
| Minimum Credit Limit | $6,000 |
| Maximum Credit Limit | $50,000 |
| Minimum Income | $65,000 |
| Additional Cardholders | 3 |
| Additional Cardholder Fee | $0 p.a. |
| Minimum Repayments | 2% |
| Rewards Program | BankWest More Rewards |
| Points Earn Rate | 2 points per $1 |
| Points Conditions |
This is capped at 400,000 points per year. |
| Contactless Payments | Apple Pay |
| Rates & Fees | |
| Purchase Rate | 19.99% p.a. |
| Cash Advance Fee | 2% |
| Late Payment Fee | $25 |
| Annual Fee | $160 p.a. |
| Foreign Transaction Fee | 0% |
| Overseas ATM Withdrawal Fee | $0 |
| Interest Free Period | 44 days |
| Cash Advance Rate | 21.99% p.a. |
| Balance Transfer Rates | |
| Balance Transfer Period | 6 months |
| Balance Transfer Rate | 0% p.a. |
| Balance Transfer Fee | 1% |
| Release date | July 2008 |
Reviews
- 16 reviews
- 1 like
- Verified
Twin wins - Earn more points
I did not purchase this card though, it came as part of a welcome kit with my house mortgage with Bankwest. This is perfect time to have this credit card since I purchased house I had to make purchases for my new house like home furnishing, gym equipment, etc. A bonus was that every $ you spend you earn 2 points which can be used for any online purchases and you have 45 days to repay. There is no annual fee on this card which makes it twin bonus.
- 11 reviews
- 1 like
Good rewards credit card
This was easy card for me to sign up for. It offers good rewards points as long as you spend enough per year. Standard insurances offered also. I would recommend to others.
You wont get rewards if you use this card to pay your bills!
Not a good reward card! Since May this year, they changed their term and conditions. You wont get your rewards if you use this to pay your government charge (including Council rates etc). If you have this credit card, make sure you apply for another credit card from different banks to pay your bills.
Find out how BankWest More Platinum MasterCard compares to other Balance Transfer Credit Cards
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- 59 reviews
- 21 likes
- Verified
Nothing to like or dislike about it
The credit card is part of our home loan package.
Easy to use
Touch go
BW rewards system is easy to use but at times complicated.
Also the annual points take a while to receive once the target is met which is a down side.
I do like how you can get multiple cards easily without being charged extra like ANZ does.
The benefits of the reward is a bit better than ANZ too
Unsure if the card comes with Fraudulent Activity Monitoring system like ANZ as we were warned once by ANZ of a fraud transaction made on our card so that was good.
- 7 reviews
- Verified
Stay Away From Bankwest
The credit card came as part of the Home Loan Package. The representatives only gave false promises. I was informed that I will be getting the credit card as soon as I apply for the loan. Due to which I closed my credit card with another bank. However, once I applied for the loan, I was told that will get the card after settlement. I was lured into it due to false promises and this caused me financial distress. Luckily I keep reserve funds or would have been stuck in a bad situation. Even the days they provide for credit is 44 days. Not really worth it.
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- 9 reviews
- Verified
Great card for shopping
I and my husband use this card for everyday shopping and online shopping. Transferring funds to this card is easy and only takes a couple of minutes. We find this card extremely reliable and we are planning to use this the next time we are abroad.
- 2 reviews
- 1 like
Great Rewards Program
Excellent card to take overseas as there is no transaction fees, travel insurance included, great rewards program. Used it to purchase flights and had help with dispute transaction, very helpful staff who proceeded to get my money back. Has an expensive annual fee but you don't pay monthly fees if you pay it out, each month.
- 6 reviews
- 4 likes
- Verified
Value for money credit card
Great value for money credit card. Includes complimentary travel insurance when airfares are paid using this credit card. Further, the card comes with 55 days of interest free. Only downside of the credit card is expensive annual fee, however if you have a wealth package (home loan) there is no annual fee.
The reviewer stated that an incentive was offered for this review
- 60 reviews
- 2 likes
Excellent
I would recommend anyone to get this card! It's got great features and the rewards program is fantastic! Get one now!
Very convenient card and I love the reward program! It offers paypass, so it'll now be more convenient to use the card on the go!
The card is very cardboard-y and not as plastic as some - I guess that could be a pro as it appears to be more environmentally friendly!
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