Bankwest Breeze Platinum Credit Card

Roland Bleyer

Credit Card Expert with over 15 years card experience and the founder of Creditcard.com.au. Ask Roland a Question about this card.

The Bankwest Breeze Platinum Mastercard

A great low rate card for cardholders who like to travel, the Bankwest Breeze Platinum Mastercard offers complimentary overseas travel insurance and no foreign transaction fees. Designed to help cardholders save on interest with a low ongoing purchase rate, the card also offers the opportunity to save on balance transfers, with 0% p.a. on balance transfers for 26 months. A 2% Balance Transfer Fee applies.

What we love...

If you’re looking for a balance transfer offer, the Bankwest Breeze Platinum Mastercard could be the card for you. Not only does it offer 0% p.a. on balance transfers, any balance left unpaid at the end of the intro period reverts to the card’s much lower purchase rate, rather than its cash advance rate.

The offer applies to new customers only. If approved, you may transfer a balance up to 95% of your credit limit, from any Australian non-Bankwest credit card. It’s nice to know that even though Bankwest is owned by CommBank, it still accepts balance transfers from CommBank credit cards for approved applicants. A 2% Balance Transfer Fee applies.

Now to the card’s ongoing features. One of the main reasons to choose the Bankwest Breeze Platinum Mastercard is its low purchase rate. While many platinum credit cards have much higher purchase rates, the Bankwest Breeze Platinum Mastercard can keep interest costs lower for cardholders who carry a balance.

If you clear your balance by the due date, you can obviously save even more by preventing interest from accruing. This also allows you to take advantage of the card’s interest-free feature, which provides up to 55 days interest free on purchases. This can come in handy when buying larger items, or even just on everyday spending.

One huge feature we’d like to mention here is the Bankwest Breeze Platinum Mastercard’s absence of foreign transaction fees. Unlike other cards that can charge up to 4% for purchases made overseas, this card offers you the chance to save big – especially if you travel overseas frequently, or you shop at international retailers.

What’s not so great...

Designed to be a no frills platinum card, the Bankwest Breeze Platinum Mastercard keeps it pretty basic. While it may offer overseas travel insurance and no foreign transaction fees, it is basically a low rate card with a few nice perks thrown in. For the annual fee, it’s a pretty good deal, but for cardholders who like lots of extras, they may not find what they’re looking for here.

Some features to watch out for include the card’s high cash advance rate. You can avoid the cash advance costs by avoiding cash advances.

Why should you choose this card?

The Bankwest Breeze Platinum Mastercard may be a good fit if you want a low rate card with a select few platinum perks. It could work especially well for cardholders who like to travel, or anyone who uses their card shopping online at overseas merchants.

It’s worth pointing out that the annual fee for the Bankwest Breeze Platinum Mastercard is not much higher than the annual fee for the Bankwest Breeze Mastercard. If you meet the eligibility requirements for the platinum card – and you think you’ll use its extras – it may be worth considering the Bankwest Breeze Platinum Mastercard over its cheaper cousin.

In terms of included insurances, the Bankwest Breeze Platinum Mastercard provides overseas travel insurance, with interstate flight inconvenience insurance and transit accident insurance included. Retail cover comes in the form of price guarantee, purchase security insurance and extended warranty.

One other nice feature that we’d like to mention is the card’s compatibility with Bankwest’s Halo payment ring. Available in two colours, and sized to fit, this ring provides wearable contactless technology, so you can leave your wallet at home and tap-and-go at the checkout. This comes at a fee of $39, and is waterproof up to 50m, with all the standard card security included.

Overall Rating

With a low ongoing interest rate, the Bankwest Breeze Platinum Mastercard offers a selection of platinum perks, including overseas travel insurance and retail cover, and no foreign transaction fees. New cardholders can take advantage of 0% p.a. on balance transfers for 26 months with a 2% Balance Transfer Fee.