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Bankwest Zero Platinum Mastercard
Bankwest Zero Platinum Mastercard

Bankwest Credit Cards

Bankwest Zero Platinum Mastercard

Updated 4 April 2022

Enjoy Bankwest Zero Platinum Mastercard's money-saving features. Take advantage of the limited-time offer of 0% p.a. on balance transfers for 34 months (a one-time 2% fee applies). Save on card costs as you pay no annual fee ever plus no foreign transaction fees on online and overseas purchases. This card also comes with complimentary overseas travel insurance and other platinum benefits.

New customers only. Other fees, T&Cs apply.

Purchase Rate (p.a)

14.99%

Balance Transfer (p.a)

0% for 34 months 2% balance transfer fee applies.
Reverts to 14.99% p.a.

Annual Fee (p.a)

$0

$0 over 34 months

My transfer amount

Balance transfer from:

My annual fee

My interest rate

Pros and cons

  • 0% on balance transfers for 34 months with 2% balance transfer fee (reverts to 14.99%). New customers only.
  • Pay no annual fee
  • Purchase rate of 14.99% p.a.
  • No foreign transaction fees on online and overseas purchases
  • Easy Instalments Purchase Plans
  • Up to 55 days interest free on purchases
  • Complimentary international travel insurance, extended warranty, purchase security and price guarantee cover
  • Pay with your compatible device using Apple Pay, Samsung Pay, Google Pay, Garmin Pay, & Fitbit Pay

  • Cash advance rate of 21.99% p.a.

Creditcard.com.au review

Editor Review

Bankwest Zero Platinum Mastercard

Pauline Hatch
Pauline is a personal finance expert at CreditCard.com.au, with 8 years in money, budgeting and property reporting under her belt. about this card.

The Bankwest Zero Platinum Mastercard

Providing a selection of platinum perks with no annual fee, the Bankwest Zero Platinum Mastercard could be the perfect option for cardholders who want more, while paying less. Cardholders can benefit from travel insurance and retail cover on purchases, with no foreign transaction fees to worry about when making purchases overseas. Plus, this card currently offers 0% p.a. on balance transfers for 34 months with a one-time 2% balance transfer fee to new cardholders.

What we love...

It’s not often you come across a platinum card with no annual fee. While some may have introductory offers that reduce the amount you pay in annual fees over an introductory period, or perhaps offer a lower annual fee if you meet a certain yearly spend, the Bankwest Zero Platinum Mastercard is much more appealing than that.

Giving you the opportunity to save on interest and card costs, this card has no annual fee, ever. Plus, as a new cardholder, you can take advantage of the 0% p.a. on balance transfers for 34 months (a 2% balance transfer fee applies) allowing you to clear off your existing balance sooner and save heaps on interest. On top of that, any balance remaining would revert to the card’s standard balance transfer rate of 14.99% instead of the higher cash advance rate. The 2% balance transfer fee is payable on all transactions to which that balance transfer rate applies.

Regardless of how much you spend – or don’t spend – the Bankwest Zero Platinum Mastercard provides an excellent way to save money and could help keep costs down with its other handy features. Offering interest free shopping, the card gives up to 55 days interest free on purchases to cardholders, which could come in handy on larger items, as well as everyday spending.

It is worth noting that this interest free feature is quite common. What’s not so common though, is this card’s absence of a foreign transaction fee. Whether you’re using the card when travelling overseas, or you’re using it at home to shop online at overseas retailers, this feature could save you some serious cash.

Some credit cards charge up to 4% on foreign currency transactions, which can substantially reduce any savings made when shopping overseas. It can also make travelling much more expensive than it needs to be. With no foreign transaction fees on the Bankwest Zero Platinum Mastercard, transactions can come at no cost (this doesn’t apply to ATM transactions).

What’s not so great...

The Bankwest Zero Platinum Mastercard may be a platinum card, but it’s not overly burdened with platinum features. No annual fee cards tend to offer fewer features, as cardholders are technically not paying for them. However, as long as you are happy with the features that are on offer, you can enjoy them at no cost, as long as you clear your balance by the due date.

Why should you choose this card?

The Bankwest Zero Platinum Mastercard could be the ideal option for anyone who wants to bust credit card debt while saving on interest and fees as well as those who travel overseas, or shop online at international retailers. As we mentioned before, it offers 0% p.a. on balance transfers for 34 months (a 2% balance transfer fee applies), charges no annual fee, and has no foreign transaction fee so you can potentially save more with this card.

Another reason why the Bankwest Zero Platinum Mastercard may work well for keen travelers is its range of overseas travel insurances. Cardholders can take advantage of cover on overseas travel, as well as interstate flight inconvenience insurance and transit accident insurance. Retail purchases benefit from cover on extended warranty, price guarantee, and purchase security.

Overall Rating

Providing cardholders the opportunity to save on interest and annual fees, the Bankwest Zero Platinum Mastercard offers a longer balance transfer intro offer with perks on the side including travel and retail cover plus, it has no annual fee and no foreign transaction fee.

User reviews

Bankwest Zero Platinum Mastercard ( based on 10 Creditcard.com.au user reviews )

63% rating based on 10 reviews

Rates
Fees
Rewards
Customer Service
Value
72%

Julia

5 November 2019

I have had this card for a year and I have no complaints. This card is the perfect travel companion! While you do not get any rewards, all of the other features make up for it (i.e. no annual fees, waived international fees etc.). Service from the Bankwest staff was also impeccable - I had only a week before my holiday and they kept me updated throughout the entire process, and got the card to me super fast!

Recommends this card
84%

Creditcard.com.au Visitor

17 May 2013

Great card , no annual fee, no foreign exchange fees and true exchange rate plus free travel insurance . This card suits me better than anything on the market. I don't even bother looking at interest rates as I don't use any card as a loan. Never had an account to with bankwest until I got this card a couple years ago. I now have an online savings account too.

Recommends this card
92%

Creditcard.com.au Visitor

28 January 2013

A really good value card with lots of good offer and no fees at all.

Recommends this card
87%

Carol-Ann Donnelly

28 January 2013

How often do you find a platinum card with no annual fee?? You get a personal concierge and a whole heap of other perks like different insurances and no foreign exchange fee when you buy stuff overseas. Great if you travel a lot or shop a lot online.

Recommends this card
81%

Peter Ali

28 January 2013

After opening a bank account with Bankwest I decided to look into their credit cards as well as they seemed to be offering good deals. This one has some good perks but I got it mainly for the purchase offer. Think it will be good in long term as well though.

Recommends this card

Rates and fees

Interest rates



Purchase rate 14.99% p.a.

Cash advance rate 21.99% p.a.

Interest free period on purchases up to 55 days

Balance transfer

Balance transfer rate 0% p.a. for 34 months

Balance transfer revert rate 14.99% p.a.

Balance transfer from personal loan No

Balance transfer fee 2% one off

Balance transfer limit 95% of approved credit limit

Brands you can't balance transfer from Bankwest

Credit limits

Minimum credit limit $6,000

Maximum credit limit N/A

Fees & repayments

Annual fee $0 p.a.

Additional cardholder fee Up to 3 at no extra cost

Foreign transaction fee 0%

Minimum repayment 2% or $20 (whichever is greater)

Cash advance fee 2% or $4 (whichever is greater)

Late payment fee $25

Additional features

Complimentary insurance

International Travel Insurance Yes

Flight Inconvenience Insurance Yes

Transit Accident Insurance Yes

Smartphone Screen Insurance No

Purchase Protection Insurance Yes

Extended Warranty Insurance Yes

Rental Vehicle Excess In Australia Insurance No

Extras

Pay with your compatible device using Apple Pay, Samsung Pay, Google Pay, Garmin Pay, & Fitbit Pay

Overview

Bankwest Zero Platinum Mastercard

As an introductory offer, new customers can save on interest payments for existing debt with 0% p.a. on balance transfers for the first 34 months (a one-time 2% fee will apply), reverts to 14.99% p.a. Cardholders can also take advantage of up to 55 days interest free on purchases, 24/7 online account access, Mastercard PayPass, 3 free additional cardholders, 24/7 Personal Concierge, 3 months protection against loss, theft or accidental damage for goods purchased on the card, and extended warranty. Other fees, T&Cs apply.

Key features

  • Pay no annual fee
  • 0% on balance transfers for 34 months with 2% balance transfer fee (reverts to 14.99%). New customers only.
  • Purchase rate of 14.99% p.a.
  • No foreign transaction fees on online and overseas purchases
  • Easy Instalments Purchase Plans
  • Up to 55 days interest free on purchases
  • Complimentary international travel insurance, extended warranty, purchase security and price guarantee cover
  • Pay with your compatible device using Apple Pay, Samsung Pay, Google Pay, Garmin Pay, & Fitbit Pay

Minimum criteria to apply for this card

  • Be over 18 years old

  • Good Credit and have not applied for multiple credit cards recently

  • Australian permanent resident

  • You have your personal details ready to complete the online application

Pauline

Pauline is a personal finance expert at CreditCard.com.au, with 8 years in money, budgeting and property reporting under her belt. Pauline is passionate about seeing Aussies win by making their money – and their credit cards – work smarter, harder and bigger

Recently Asked Questions

Something you need to know about this card? Ask a our credit card expert a question.

188 questions (showing the latest 10 Q&As)

Cesare

Cesare

23 June 2022
Looking to get a no international/foreign fees card, As I do some inet shopping and will be doing overseas travel again soon. Please confirm the BankWest ZERO Platinum card has ZERO fees on online and overseas transactions including ATM trasnactions. cheres.
    Pauline - CreditCard.com.au

    Pauline

    27 June 2022
    Hi Cesare, we don’t have an active partnership on the Bankwest Zero Platinum credit card but I’ve checked this for you and see that there are no fees for using the card on transactions made in foreign currency. However, please note that you may incur fees when using ATMs overseas, and this is charged by the ATM owner, not Bankwest.
Evie

Evie

19 June 2022
Does BankWest have an app to make payments via Bank BSB and Account number
    Pauline - CreditCard.com.au

    Pauline

    20 June 2022
    Hi Evie, Bankwest does have an app. You can find it in both the Android and Apple app stores. If you’re moving money from a credit card to a bank account, you should have a read of our guide to the process.
Evie

Evie

12 June 2022
Can I use the Bankwest Zero Plantium card as a debit card when travelling overseas
    Pauline - CreditCard.com.au

    Pauline

    15 June 2022
    Hi Evie, the Bankwest Zero Platinum is a dedicated credit card. If you’re looking for a debit card, you can try our sister site debitcards.com.au
Roland

Roland

23 May 2022
is this card fee free for cash withdrawls at ATM overseas if I maintain a positive balamnce?
    Pauline - CreditCard.com.au

    Pauline

    24 May 2022
    Hi Roland, good question! This card charges 2% of the withdrawn amount or $4 (whichever is greater) cash advance fee and a 21.99% p.a. Interest. The no foreign transaction fee applies only to purchases made either overseas or within Australia at an overseas merchant.
Angela

Angela

19 May 2022
Would you recommend the BankWest zero platinum credit card for overseas travel? Is there one you would recommend more?
    Pauline - CreditCard.com.au

    Pauline

    20 May 2022
    Hi Angela, we can’t recommend one card over the other as the card you need will depend on your personal situation. The Bankwest Zero Plat does feature no foreign transaction fees which is always handy when travelling. Travellers sometimes opt for a credit card with free travel insurance for added cover. If you’re looking to keep your currency conversion fees down, you can compare a range of cards with no foreign transaction fees. Have a great trip!
Sandi

Sandi

19 May 2022
Hello, Can you please explain what is the balance transfer fee? Is the balance transfer a payment from my account into the card?
    Pauline - CreditCard.com.au

    Pauline

    20 May 2022
    Hi Sandi, good question! A balance transfer fee is a one-off fee charged by your card issuer to complete the balance transfer. The fee is added to the amount you are transferring. Make sure to factor the fee in when doing your calculations.
Angela

Angela

16 May 2022
How do I pay a BankWest credit card from savings held in a different banking institution? Is it easy to do? Are there fees attached to the transfer/payment? How long would it take the money to transfer across?
    Pauline - CreditCard.com.au

    Pauline

    18 May 2022
    Hi Angela, there are 4 ways to pay your Bankwest bill. In the app, via your online banking, by phone or in a branch. I can’t see any fees listed on the Bankwest site relating to making a payment. Depending on what bank you transfer from it may take up to 48 hours. Keep this in mind when you make the payment and your current due date.
Les

Les

27 April 2022
Does the card have a fraud recourse facility/service if someone fraudulently uses the card to purchase, I will get reimbursed? If so where is this stated in the T+C's? cheers Les
    Pauline - CreditCard.com.au

    Pauline

    28 April 2022
    Hi Les, I checked Bankwest’s site, and they feature a “No Loss Security Guarantee” This means they’ll reimburse you if you lose money from an unauthorised transaction if you have abided by the T&C’s. Hope this helps

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