- Pay no annual fee as long as you hold the card
- 2.99% on balance transfers for 9 months. New customers only.
- Purchase rate of 17.99% p.a.
- Add 3 additional card holders at no extra cost
- Up to 55 days interest free on purchases
- Pay with your compatible device using Apple Pay & Google Pay™ or Australia’s first payment ring - Bankwest Halo
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Virgin Money No Annual Fee Credit Card
0% for 12 months on Balance Transfers*
* Reverts to 20.99% p.a. Pay no annual fee, ever.
Bankwest Credit Cards
Bankwest Zero Credit Card
Updated 24 September 2020
With the Bankwest Zero Mastercard you pay no annual fee. It is currently offering 2.99% p.a. on balance transfers for the first 9 months to new customers only. Add up to 3 additional cards at no extra cost. Pay with your compatible device using Apple Pay & Google Pay™ or the Bankwest Halo payment ring.
Purchase Rate (p.a)
17.99%
Balance Transfer (p.a)
2.99% for 9 months
No balance transfer fee.
Reverts to 17.99% p.a.
Annual Fee (p.a)
$0
Pros and cons
- Cash advance rate of 21.99% p.a.
Creditcard.com.au review
Editor Review
Bankwest Zero 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 Zero Credit Card
As the name suggests, the Bankwest Zero Credit Card has zero annual fees. That means for the life of the card, cardholders pay no annual fee, helping to keep ongoing costs down. As a fairly basic no annual fee card, it keeps things simple in terms of features, providing up to 55 days interest free on purchases, and free worldwide emergency card replacement.
What we love...
One of things we love about the Bankwest Zero Credit Card is its simplicity. This is a card that keeps it simple, which can make it a great choice for cardholders who don’t need – and don’t want to pay for – lots of added extras. As a nice no frills option, this card has no annual fee, and to be honest, not much else.
While some cards may allow cardholders to earn rewards on their card spending, and other cards may provide extravagant extras such as airport limo service and VIP lounge access, the Bankwest Zero Credit Card has none of that. Instead, it focuses on providing cardholders access to credit, while charging them nothing in annual fees.
But, the savings don’t stop there. As long as you understand the card’s interest free feature, you can take advantage of up to 55 days interest free on purchases. That means, as long as you clear your balance each month by the due date, you can benefit from interest free shopping, with up to 55 days to pay.
It’s safe to say there is not an overabundance of features on the Bankwest Zero Credit Card. But there is one feature in particular we like. Providing wearable contactless technology, the Bankwest Halo payment ring lets you tap-and-go at the checkout, while leaving your wallet at home. No need for an app or charger, just an easy way to pay.
To get your hands on one, you will need to provide a $39 fee, your choice of the two colours available, and your sizing information. Your ring will then be made specially for you. It is waterproof up to 50m, so it can be worn pretty much everywhere. Going for a jog? Heading out on the bike? Your wallet is with you with the Halo payment ring.
What’s not so great...
While it may help to keep costs low with no annual fee, the Bankwest Zero Credit Card is not a low rate card. Its purchase rate is about average, but it’s not one you’d want to carry a balance on. If you want to make the most of those annual fee savings, you may also want to make sure you clear your balance by the due date to avoid interest accruing.
Why should you choose this card?
There are plenty of reasons why you may choose a no annual fee card, such as the Bankwest Zero Credit Card. A no annual fee can be a great card to keep in your wallet for emergencies. You’re not paying anything to keep it there – as long as you clear your balance – so it can simply act as a backup, should you need access to credit in the future.
Of course, you may also choose a no annual fee card because you want to save money. If you’re not bothered about features and rewards, this card could give you everything you need, while allowing you to keep costs as low as possible. It has a low $1,000 minimum credit limit, and also provides free worldwide emergency card replacement.
Overall Rating
A basic option that sells itself on its simplicity, the Bankwest Zero Credit Card has no annual fee ever, with up to 55 days interest free on purchases, free worldwide emergency card replacement and compatibility with Bankwest’s Halo payment ring.
User reviews
Rates and fees
Interest rates
Purchase rate 17.99% p.a.
Cash advance rate 21.99% p.a.
Interest free period on purchases up to 55 days
Balance transfer
Balance transfer rate 2.99% p.a. for 9 months
Balance transfer revert rate 17.99% p.a.
Balance transfer from personal loan No
Balance transfer fee No fee
Balance transfer limit 95% of approved credit limit
Banks you can't balance transfer from Bankwest
Credit limits
Minimum credit limt $1,000
Maximum credit limit $25,000
Fees & repayments
Annual fee $0 p.a.
Additional card holder fee Up to 3 at no extra cost
Foreign transaction fee 2.95%
Minimum repayment 2%
Cash advance fee 2%
Late payment fee $25
Additional features
Complimentary insurance
International Travel Insurance No
Flight Inconvenience Insurance No
Transit Accident Insurance No
Smartphone Screen Insurance No
Purchase Protection Insurance No
Extended Warranty Insurance No
Rental Vehicle Excess In Australia Insurance No
Extras
Pay with your compatible device using Apple Pay & Google Pay™ or Australia’s first payment ring - Bankwest Halo
Overview
Bankwest Zero Credit Card
Key features
- Pay no annual fee as long as you hold the card
- 2.99% on balance transfers for 9 months. New customers only.
- Purchase rate of 17.99% p.a.
- Add 3 additional card holders at no extra cost
- Up to 55 days interest free on purchases
- Pay with your compatible device using Apple Pay & Google Pay™ or Australia’s first payment ring - Bankwest Halo
Minimum criteria to apply for this card
-
Be over 18 years old
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Good Credit and have not applied for multiple credit cards recently
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Resident or citizen of Australia. Temporary residents are eligible.
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Minimum income of $20,000 p.a.
You have your personal details ready to complete the online application
Roland B Bleyer founded Creditcard.com.au in 2005 and has extensive knowledge about credit cards. He personally answers all questions and write the editor reviews for each card here. Always keen to share his passion to educate consumers and help you select better suited credit cards.
Recently Asked Questions
Something you need to know about this card? Ask a our credit card expert a question.
Ask a question9 questions (showing the latest 10 Q&As)
I am an aged pensioner earning roughly 18000 a year I have a good credit rating . Can I get a fee free credit card
Hi Jean, no annual fee credit cards are harder to get approved for. It could be possible to get approval for the Bankwest Zero. Bankwest can see the pension as income. Approval depends on a range of factors. Income v Expenses, Assets v Liabilities and your credit history being very income numbers. If you are putting away some money each month this shows the bank you have excess funds that could be used to make payments.
What is your minimum amount and do you accept people on age pension
Hi Joyce, the minimum credit limit on the Bankwest Zero credit card is $1,000. It is possible for Bankwest to see the pension as income but approval will depend on a range of factors. Read our credit card application tips. You can apply directly on the Bankwest site - https://www.bankwest.com.au/personal/credit-cards/no-annual-fee
Can I set up automatic monthly B-Pay from my existing bank account ?
Hi Peter, you can setup automatic direct debit. This will mean that any outstanding balance could be paid monthly from a said bank account. Reach out to Bankwest Zero credit card customer service for assistance.
Morning,
I am on a pension,I am also a renter.I lost my home and car due to a fault on my credit and its never got any better.Due to the fact that I have a LOUSY credit rating and have for the past 4-5 years,I am unable to obtain a credit card,purely for backup.
Can you recommend a card that would suit me or how do I get over this stigma of lousy credit rating and why do banks and building societies rely on this rubbish so often...They,VEDA have no ideas what is my back pocket every fortnight....do they
Hi Peter, in Australia it is very hard to get a credit card with bad credit. There are regulations in place that stop banks lending at certain points. When I had even a paid default on my credit file I could not get approved for a new card. I waited the 5 years until it came off my file before I then started to apply for credit again. Your bad credit past hopefully will drop off your credit report soon and then you will be in a much better position to look at getting a new credit card.
How long does it take to get card
Hi Sonya, typically it takes 5-10 working days to process the application.
I already have this card.
I am interested to know what would be the interest rate for a balance transfer to my Bankwest Zero credit card. I could not find this information on your website.
Thanks, Ralitza
Hi Ralitza, the balance transfer offer is typically only available for new cards, not existing customers though you can contact the bank to see if they would do one. The balance transfer rate on this card is 2.99% for 9 months.
Please advice annual income required for Bankwest Zero card.
Thanks.
Hi Barbara - Bankwest don't list an annual income requirement. If you have good credit and a good job then its worth applying.
Hi I'm seriously considering applying for a Bankwest Zero Mastercard, but was just needing to know:
- do you need to go into a branch to pay once your bill summary comes in or can you pay at the post office.
- is there a charge for using the card for online purchases?
Thanks in advance
Kristy
Hi Kristy, the most convenient way to pay is online - there is no additional charge for purchasing online and if you qualify for the platinum version then no foreign exchange fees which is awesome if you buy in other currenices.
Below are the different ways you can pay your bankwest card bill: Online - Bankwest Online Banking from your desktop PC or mobile device - Direct payments Setting up a Direct Debit is a great way to ensure that you never miss a payment. Just complete this Direct Debit Form telling us where you want the money to come from and when you want the payments to occur. BPAY® means you no longer need to write cheques or return forms. Simply contact your financial institution with the Bankwest Biller Code (9100) and your credit card number as a reference or Chequ - Your statement will be sent in a reusable reply paid envelope to allow you to send a cheque back to us. Just remember not to send cash! Good luck with your application - this is a good credit product, especially the Platinum verison.
You have just 1 application form for the standard, gold and platinum - depending on credit criteria they will offer you up to platinum all with no annual fee. Good luck with your application.
When your balance transfer interest free period is over i.e . 9 months what interest rate do you pay on the remaining balance. Is it the purchase rate or the cash advance rate?
Hi Shelly you pay the purchase rate then, currently 17.99%, on any remaining balance.
Creditcard.com.au Visitor
20 May 2013I chose this card because of the $0 annual fee. Customer service is extremely poor. No one could seem to work out how their systems actually work. They're based in Western Australia but still there seems to be a communication barrier. Tried the American Express $0 instead. So much better and very professional. I would say you get what you pay for, but American Express card was free too but the service is 5 star
Does not recommend this cardCharlie Jamieson
28 January 2013I chose this card because of the no annual fee. I've had credit cards before that I seemed to spend far too much on annual fees. The 0% on purchases was good to start off with as well. I bought a laptop with my card and it means I should pay it off without interest adding up on it.
Recommends this card