The BankWest More Platinum MasterCard is the most prestigious credit card in the Bank of Western Australia’s rewards based More range of credit cards. The card processor is MasterCard.
As part of the More range of credit cards, the BankWest More Platinum MasterCard offers an extensive set of rewards. It has a higher set of fees and interest than the BankWest Lite Platinum MasterCard, the no frills alternative that is also issued by BankWest.
The interest rate on the More card is almost twice the Lite card’s interest rate, making the BankWest More Platinum MasterCard more suited to the sort of borrower who completely pays back the balance on their card as soon as the credit card statement is received. This will include people who work for employers who repay work expenses rather than give out their own work based credit cards.
The BankWest More Platinum MasterCard has a very competitive rewards program. The credit card user is automatically enrolled on to the BankWest More Rewards program, which is a program based on the amount of points that a credit card user accumulates on their rewards account. One and a half reward points are awarded for every dollar spent.
Rewards can be redeemed for any points that accrue on the credit card. There are more than 2,800 rewards that are offered on the credit card.
As soon as 2,000 points (or around $1,300 worth of spending) are collected on the card then the points can start to collected. When a BankWest More Platinum MasterCard is activated reward points are automatically granted.
The Platinum cards are eligible for concierge services. These are personal assistants who are accessible over the phone and can deal with a large number of issues.
Like a Gold card, a number of insurance benefits are offered to Platinum card holders. These benefits include purchase protection insurance against theft and breakages for up to three months and extending existing warranties for a year. Travel insurance is activated when the card is used to buy tickets, this covers medical insurance for overseas tickets.
Under the RewardMe instant savings program discounts are given by service providers which including retail outlets, restaurants and cinemas. A discount is rewarded automatically when the credit card pays for the good or service that comes under the program.
The credit card is offered by MasterCard, which means that it is accepted by almost thirty million outlets around the world.
