Home Bankwest Qantas Platinum Mastercard

Bankwest Qantas Platinum Mastercard

The Bankwest Qantas Platinum Mastercard gives you a way to earn Qantas Points on your everyday credit card spending. It also offers up to 50,000 bonus Qantas Points when you spend $3,000 in the first 90 days from card approval (40,000 points when you keep your account open in 3 months and 10,000 points in the 15th month).

While Bankwest has not listed an end date, this promotion is only available for a limited time.

2.99% p.a.
Balance transfer rate for 9 months
(reverts to 20.49% p.a.)
0% p.a.
Purchase rate
Interest free for 44 days
$160
Annual fee
for 12 months ($160 p.a. thereafter)
$851
Annual savings (year 1)
Based on $5,000 balance at 20.21% interest
Card overview
Rates & fees
Pros & cons
Overview
TypeMastercard
Limits
Minimum Limit$3,000
Maximum Limit
Rewards
Rewards ProgramQantas Frequent Flyer
Bonus Points0
Rewards Points Per $ Spent0.75
Rewards Points CapUncapped
Additional Card Holders
Additional Cardholder Fee$0
Number of Additional Cardholders3
Eligibility
Minimum Age18
Available To Temporary ResidentsYes
Minimum Annual Salary
Joint ApplicationNo
The good bits
0% p.a. on purchases for 15 months, then 9.9% p.a.
$0 annual fee in year 1 ($49 annual fee ongoing)
Complimentary overseas travel insurance.
0% on balance transfers for 26 months.
3 additional cardholders at no extra cost.
$0 annual fee for the first year
Balance transfer offer of 0% p.a. for 15 months.
No foreign transaction fees on overseas purchases.
$0 annual fee for the life of the card
The bad bits
2.95% foreign transaction fee.
Charges a one-time 2% balance transfer fee.
Does not have a rewards program.
Balance Transfer Rate Details
Initial Balance Transfer Rate2.99% p.a.
Balance Transfer Fee%
Initial Period9 months
Balance Revert Ratereverts to 20.49% p.a.
Annual Fees
Annual Fee (Year 1)$160
Annual Fee (Ongoing)$160 p.a.
Overseas Usage
Overseas Cash Advance Fee2% or $4, whichever is greater.
Overseas ATM Withdrawal Fee$
Purchase Rate Details
Initial Purchase Rate0%
Initial Period44 days
Purchase Revert Rate20.49%
Cash Advance Charges
Cash Advance Rate21.99% p.a.
Cash Advance Fee2% or $4, whichever is greater.
Repayments
Minimum Monthly Repayment2% of the closing balance or $20, whichever is greater.
Late Payment Fee$25

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