- Earn 50,000 Bonus Qantas Points when you spend $3,000 on eligible purchases in the first 90 days and keep your card open for over 15 months
- Earn 0.6 Qantas Points per $1 on the first $2500 spent per month, and 0.3 points thereafter
- Add up to 3 additional card holders at no extra cost
- Complimentary overseas travel insurance for you and your family
- No foreign transaction fees on online and overseas purchases
- Waived Frequent Flyer membership joining fee ($99.50 in value)
- 2.99% p.a. on balance transfers for first 9 months for new customers
- Up to 12 months extra warranty on new purchases
- Pay with your compatible device using Apple Pay, Google Pay and Samsung Pay
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Bankwest Credit Cards
Bankwest Qantas Platinum Credit Card
Updated 19 September 2024
Earn 50,000 Bonus Qantas Points when you spend $3000 on eligible purchases in the first 90 days and keep your card open for over 15 months. The Bankwest Qantas Platinum card lets you earn 0.6 Qantas Points for every $1 spent on eligible purchases on the first $2,500 spent per month, and 0.3 points thereafter. This card has further platinum features, including a minimum credit limit of $3,000, no foreign transaction fees on online or overseas purchases, a platinum concierge, complimentary overseas travel insurance and extended warranty on purchases. T&Cs apply.
Points Earn Rate (per $1 spent)
0.6 points
Capped at $2500, then 0.3 pts per $1 spent
Rewards Program
Qantas Frequent Flyer
Bonus Points
50,000 pts
Spend $3,000 in the first 90 days and keep your card open for over 15 months
Pros and cons
- $160 p.a. annual fee
Creditcard.com.au review
Editor Review
Bankwest Qantas Platinum Credit Card
Pauline Hatch
Pauline is a personal finance expert at CreditCard.com.au, with 8 years in money, budgeting and property reporting under her belt. Ask Pauline a Question about this card.
The Bankwest Qantas Platinum Credit Card
Allowing cardholders to earn rewards on the Qantas Frequent Flyer program, the Bankwest Qantas Platinum Credit Card offers an earn rate of 0.6 Qantas Points per $1 on the first $2500 spent per month, and 0.3 points thereafter. Platinum perks on offer include complimentary Qantas Frequent Flyer membership, travel and retail insurance cover, and no foreign transaction fee.
What we love...
With Bankwest Qantas Platinum Credit Card, you can get 50,000 Bonus Qantas Points with a minimum spend requirement of $3,000 on eligible purchases in the first 90 days and keeping your card open for over 15 months.
You can earn 0.6 Qantas Points per $1 on the first $2500 spent per month, and 0.3 points thereafter.
Another point of difference on the Bankwest Qantas Platinum Credit Card is its range of platinum perks. With no foreign transaction fees, cardholders could save on purchases made overseas, either made in person while travelling, or while shopping online at international retailers. Considering some cards charge 4% on these transactions, this card could offer big savings indeed.
In addition, the Bankwest Qantas Platinum Credit Card offers included insurances covering travel and retail purchases. These include overseas travel insurance, interstate flight inconvenience insurance and transit accident insurance, as well as price guarantee, extended warranty and purchase security insurance.
What’s not so great...
While many providers have wound back their offerings on rewards cards and frequent flyer cards, cardholders may still expect a higher earn rate on a platinum Qantas credit card than this card offers. To work out whether it offers value to you, look at your annual spend to calculate how many points you’ll earn, then consider the value of those points compared to the annual fee.
Why should you choose this card?
If you want a Qantas credit card with a few nice platinum extras on the side, the Bankwest Qantas Platinum Credit Card could be the card for you. With its range of travel insurance and absence of foreign transaction fees, it could also work well for keen travellers, or anyone who enjoys shopping online at overseas merchants.
For its annual fee, you can enjoy the platinum perks mentioned above, plus a complimentary Qantas Frequent Flyer membership, saving you $99.50. Other features on offer include free worldwide emergency card replacement, up to 44 days interest-free on purchases, and 2.99% p.a. on balance transfers for nine months.
Overall Rating
A worthy option for cardholders who want platinum perks and everyday points earning on the Qantas Frequent Flyer program, the Bankwest Qantas Platinum Credit Card provides a selection of excellent extras, including no foreign transaction fees and included insurances.
User reviews
Rates and fees
Interest rates
Purchase rate 19.99% p.a.
Cash advance rate 21.99% p.a.
Interest free period on purchases up to 44 days
Balance transfer
Balance transfer rate 2.99% p.a. for 9 months
Balance transfer revert rate 19.99% p.a.
Balance transfer from personal loan No
Balance transfer fee No fee
Balance transfer limit 95% of approved credit limit
Brands you can't balance transfer from Bankwest
Credit limits
Minimum credit limit $3,000
Maximum credit limit N/A
Fees & repayments
Annual fee $160 p.a.
Additional cardholder fee Up to 3 at no extra cost
Foreign transaction fee 0%
Minimum repayment 2% or $20 (whichever is greater; closing balance applies if less than $20)
Cash advance fee 3% or $4 (whichever is greater)
Late payment fee $25
Rewards and points
Rewards program
Rewards Program
Qantas Frequent Flyer
Bonus points 50,000 points
Annual points cap uncapped
Bonus points spend criteria Spend $3,000 in the first 90 days and keep your card open for over 15 months
Earning points with this card
Qantas Rewards points 0.6 points per $1 spent
Points cap per month Capped at $2500, then 0.3 pts per $1 spent
Overseas earn rate same as standard earn rate
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 Yes
Extras
Travel insurance underwritten by CoverMore Insurance
Pay with your compatible device using Apple Pay, Google Pay™ and Samsung Pay
Overview
Bankwest Qantas Platinum Credit Card
You must be a member of the Qantas Frequent Flyer program to earn and redeem points. Complimentary Qantas Frequent Flyer membership is available from Bankwest if you join at qantas.com/joinffbankwest.
Key features
- Earn 50,000 Bonus Qantas Points when you spend $3,000 on eligible purchases in the first 90 days and keep your card open for over 15 months
- Earn 0.6 Qantas Points per $1 on the first $2500 spent per month, and 0.3 points thereafter
- Add up to 3 additional card holders at no extra cost
- Complimentary overseas travel insurance for you and your family
- No foreign transaction fees on online and overseas purchases
- 2.99% p.a. on balance transfers for first 9 months for new customers
- $160 p.a. annual fee
Minimum criteria to apply for this card
-
Be over 18 years old
-
Good Credit and have not applied for multiple credit cards recently
-
Permanent resident or citizen of Australia
You have your personal details ready to complete the online application
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 our credit card expert a question.
Ask a question36 questions (showing the latest 10 Q&As)
I have booked a holiday in Bali and wish to understand what insurance I have with my current platinum credit card.
Hi Yale, I looked this for you and I see that there are several insurances included with this card. These include overseas travel, flight inconvenience, transit accident insurances and more. You can check Bankwest’s official insurance PDS booklet for specific information, T&Cs, and some general exclusion. Enjoy your trip!
We are going to Singapore, Malaysia and Thailand in January 2023 for two weeks. Purchased all the flights and accomodation fees by my Bankwest Qantas Platinum Credit Card. Are we covered for COVID-19 in those countries?
Hi Akiko, you’ll need to check the Bankwest PDS for specifics (or call them up directly) but if the countries you’re visiting are not on a ‘Reconsider your need to travel’ or ‘Do not travel’ list from the SmartTraveller website, HSBC will not cover you. Each country has their own entry requirements, so make sure to check them before you jet off. Enjoy your trip!
Is there a way of earning points with this card to pay tax to the ATO?
Hi Damien, from what I can see there are no points earning for the ATO on this card. Many AMEX direct cards have points earning on ATO spend e.g. Explorer at 0.5 points per dollar.
Bank West have changed conditions of there mastercard ie reduced interest free days from 55 too 44 days also pomints earned from.75 too.50 is this so ??
Hi John, I assume these changes will come into play shortly as this card still has up to 55 days interest free and .75 points earning. In the end you can get much better points earning with other cards. If you are not happy with changes then its a good idea to switch credit card providers. A few nice offers out there, ANZ Frequent Flyer Black with 75k in bonus points and no annual fee for the first year. This card is an ultimate points earner with both a Visa and an AMEX all for the one annual fee. Depending on what you are after there is also the Platinum card with 50k bonus points.
You could end the annual fee altogether if you can spend on AMEX with the Discovery and 1 point per $1 spend uncapped. The NAB Qantas Rewards Premium is worth checking out also with 0% on purchases for 15 months.
Hi Rowland, want to change credit cards as our suncorp Visa is only offering .5 Qantas points per dollar spent and I definitely do not want an Amex and visa or MasterCard. What single card would suit best to attract 1 point per dollar without very high annual fee?
Hi Julie, having a dual card is not bad. You only pay one annual fee but have the possibility of earning more points when you use the AMEX. You can forget the AMEX card altogether and just use the Visa or MasterCard will a dual card. A number of banks such as NAB, CBA / ANZ / Westpac all have dual reward cards now. Some of these come with great bonus points and earning potential, so I think these are the go.
You have started just a single card so I will look at a few options for you. What card will be right for you will depend on how much you spend on it each year and what other features you may be interested in. This Bankwest Qantas Platinum provides .75 point earn per $1, so not the greatest and is capped at 200k points a year. A few options on a single card include the Citi Qantas Signature with 50k bonus points, HSBC Platinum Qantas with 40k in bonus points. Both these cards have spend limits that may impact your points earning. If you are a bigger spender we could look at some other offers.
Why is your web site telling me there are 50,000bonus points BUT the offer expired in Dec/15
If the offer held I would be very interested as I've just heard my Suncorp Visa is reducing to 0.5 pts per $1
Hi Grahame, apologies, the page has some outdated information that should have been updated and clearly states this offer expires on the 10th Dec 15. We will update this within the next 24 hours and do an additional sweep of all cards on the site. Somehow this one feel through the cracks. The bonus points on this card has dropped to a low 8,000 Qantas Points. Have a look at NAB Qantas Rewards Premium with dual cards (Visa and AMEX) plus 60,000 Qantas bonus points. If you can spend just on AMEX with no problem, they have 80,000 bonus points on their Qantas Premium card right now. The ANZ Frequent Flyer Platinum could be another option with 50k in Qantas Bonus Points plus no annual fee for the first year. Let me know if any of these offers don't suit and I can suggest some more.
Hi
what do think is the best card for lounge access outside of Australia?
Hi Geoff - I like the ANZ Frequent Flyer black - great offer at the moment with the bonus points and no annual fee for the first year. You can also receive 2 complimentary Qantas Club Lounge inivitations per year upon request as well as unlimited access to participating airport lounges outside Australia. Top of the line rewards for Qantas flyers.
is the mastercard exchange rate used on foreign purchases or does the bank use its own rate (there is a difference of 3-4%)
many thanks
Hi Graham - good question - I didn't know this one - I hit up BW themselves for the answer, from their live chat - The exchange rates for credit cards are from Mastercard, which can be located on the mastercard website. It's nice on this product that you don't get hit with the extra FX fees.
Hi I wanted to know if you can offer me 0% transfer for 12 months on the qantas platinum credit card? As im prepared to switch banks if you offer me this.
Hi Shani, unfortunately we aren't authorised to act on behalf of any of the banks and allow this - but we can recommend that you ask the bank directly what it will offer you. Don't forget there are other offers of this length on the market though, so check out the rest of our tables first. There's the balance transfer table, and the rewards table, as well as the frequent flyer table.
Do you earn frequent flyer points on balance transferred?
Hi Sandra, no you don't earn frequent flyer points on balances transferred.
If I apply for this card and my old card is paid in full every month (which it is) then there will not be any balance transfer is this correct? I dont need to transfer the balance from my old card do I?
Hi Val - yes, sounds exactly right. If you have a card which you aren't using, your next consideration is whether it's worth keeping it and paying any annual fee attached. Having a credit card that you use occasionally and pay off in full does help your credit file, and it's always a great idea to have at least one or two backup cards for any emergency or issues with your primary credit card. If you do want a second card you could always go for a No Annual Fee option too, which won't cost you anything. Hope that helps.
We are travelling o/s in 4 business days and I just saw the zero o/s transaction fee. How long does it take to have the card approved and issues - do I have enough time?
Hi Jenny, usually you would allow at least a week to receive the card, and a balance transfer will take up to two weeks (it can on occasion be longer). 4 days is a very tight time frame i'm afraid. Even if the card arrives while you're away, you would still have it for your next overseas trip. Alternatively you could apply as soon as you are back if you will be away for a longer time. Prepaid travel cards can be picked up in branch or at Australia Post offices too, and you can load them with a range of overseas currencies. See more info on our page on cards with no international fees.
Thanks for the speedy reply. So if I pay mortgage and bills, clear monthly there will be very little interest charged ?
That's right Jezza, if you are paying the amount due on or before the payment due date that you see on each statement you should not be paying any interest. When you clear the balance each month you get 55 days interest free with this card. Hope that helps.
If I pay mortgage, car repayments etc with this card, will I get frequent flyer points ?
Hi Jezza, all purchases except the following are eligible, so mortgage repayments and car repayments should be fine. Make sure you read the terms and conditions before applying as there are other restrictions and conditions you should be aware of too:
cash advances;
• Balance Transfers;
• interest charges;
• credit fees and charges
• bank fees and charges;
• transactions we decide are disputed due
to being fraudulent or which involve an
abuse of your Card Account
• foreign exchange purchases;
• travellers cheques;
• all purchases for gaming or gambling
transactions including gambling chip
purchases and online gambling purchases;
• Government charges (other than GST
payable in connection with the purchase of
goods or services on which you earn Points);
• Credit card protection insurance;
• Business Related Expenses; and
• any other transactions which from time
to time may be excluded by us.
if you are an existing Patinum (Bankwest cardholder) can you do a balance transfer to your card ?
Hi Dan - unfortunately existing Bankwest customers can't do a balance transfer for the same rate. Bankwest will let you transfer balance from one card to another, but you may not get the low balance transfer rate as that is for new customers only. You can read more about this and other important balance transfer information in our post on key balance transfer rules.
I'm travelling over seas in a couple of months. Will the travel insurace be comprehensive cover _ what does it include? I'm 59.
Hi Sharon, Bankwest, through Zurich insurance, provides cover for:
Medical and hospital expenses
Loss or damage to personal property
Unexpected cancellation of travel arrangements
Resumption of the journey following the death of a relative
Special events
Rental vehicle collision or damage or theft
Funeral expenses
Accidental death
Legal liability
Details are in the policy document, which we've e-mailed to you.
Hope that helps!
Kalianna
Creditcard.com.au Visitor
28 January 2013All the plantium benefits and reasonable annual fee. No charges for using the card overseas, easy to earn points and get rewards. Bonus points when account first opened. Free insurance and warrnaty.
Recommends this cardCreditcard.com.au Visitor
28 January 2013Good card if you travel a lot - you don't have to pay foreign transaction fees (good for online shopping I've found), you get travel insurance and you get some good purchase insurance too. Good points earning plus sign up bonus. Get it for the 0% purchase offer if nothing else! Recommended long term card though.
Recommends this card