- Limited-time Offers: 0% p.a. Purchase and Balance transfer offer for 6 months
- Low ongoing fees: no annual fee plus a low purchase rate and balance transfer revert rate of 18.99% p.a.
- Travel savings: pay no foreign transaction fees on online and overseas purchases
- Digital wallet access: add your card to Apple Pay, Samsung Pay, Google Pay, Garmin Pay and Fitbit Pay
Hi, I’m a personal finance expert who loves to help you out! I’ll answer your question within a business day. Pinky swear.
Bankwest Credit Cards
Bankwest Zero Platinum Mastercard
Updated 7 March 2025
The Bankwest Zero Platinum is a premium card without the price tag 🏷 . In fact, you won’t pay any annual fee at all for its money-saving features and perks.
To start, pay off debt with the introductory 0% p.a. Purchase and Balance transfer offer for 6 months plus, pay no foreign transaction fees on purchases.
Terms and conditions apply
Purchase Rate (p.a)
0% p.a.
for 6 months. Reverts to 18.99% p.a.
Balance Transfer (p.a)
0% for 6 months
3% balance transfer fee applies.
Reverts to 18.99% p.a.
Annual Fee (p.a)
$0
Pros and cons
- You’ll pay a 3% fee on your balance transfer amount
- The cash advance rate is 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 9 years in money, budgeting and property reporting under her belt. Ask Pauline a Question about this card.
Who suits the Bankwest Zero Platinum Mastercard?
Globetrotter: you love travelling, and get a buzz from freebies that make your trips cheaper and more fun.
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Carefree Splurger: budgets are a bummer, and you might need help with getting on top of debt. Low interest rates and low fees would be great.
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Healthy Spender: your cashflow is high but healthy and you want to save on foreign fees and protect your purchases.
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Overall Review
I don’t know what else Bankwest could have packed into its Zero Platinum Mastercard (considering you’ll pay no annual fee to have it). It may not earn rewards points, but it addresses two of people’s big challenges: debt, and saving money.
Normally a balance transfer offer voids any interest-free periods on new purchases, but this special offer lets you use both simultaneously. The 6-month interest-free purchase and balance transfer offer makes it a good card if your goal is debt freedom. If you're a traveller or you spend online overseas, the savings on foreign fees can really add up.
Editor’s Review: the Bankwest Zero Platinum Mastercard
Let’s dive right in by looking at the features of this card and how to get the most out of them.
Purchase and balance transfer offer. This is a limited-time offer. Not only can you save on interest on new purchases, you can transfer debt from an existing credit card to your Bankwest Zero Platinum card and pay 0% p.a. for 6 months while you pay off the debt.
Let me detail some of the fine print. The balance transfer offer is only available if it’s your first time being approved for the Bankwest Zero Platinum card. You’ll be charged 3% of the amount you’re transferring, which is added to your balance. The 6 months starts from the date of card approval, not the day the transfer takes place, and you can’t transfer from other Bankwest cards. And lastly, you can transfer up to 95% of your credit limit (which is a very high amount compared to some other cards) with a $500 minimum.
If you have a balance left after the 6 months, you’ll be charged a balance transfer interest rate of 18.99% p.a. rather than the cash advance rate. That’s a significantly lower rate than other cards charge on leftover debt. Of course, the goal is to pay off your debt in full before the interest-free period ends.
No foreign fees. You won’t be charged foreign transaction fees on purchases when you’re travelling overseas or buying something from an international merchant online. That also includes withdrawing from an overseas ATM, but remember you might be charged a 3rd-party fee for using the machine.
Everyday extras on the Bankwest Zero Platinum Mastercard
The Bankwest Zero Platinum has a few other perks up its sleeve. They may not seem overly exciting at first, but it is pretty exciting when you get to use them.
Interest-free period: If you don’t have an active balance transfer, you’ll get 55 days interest-free on new purchases as long as you pay the closing balance each month.
Easy Instalments repayment plans: Bankwest lets you spread the cost of up to 5 purchases between $100 and $10,000 over 4 monthly instalments. You won’t pay interest on the instalment amounts, which can help you pay off your purchase faster. Easy Instalments can be set up and managed via the Bankwest app.
What’s not so great
If you have an active balance transfer, you won’t be eligible for the 55 days interest-free. That means any other purchases you make on your card will have interest applied immediately.
This isn’t an unusual practice for credit cards, but it can send you backwards if your goal is to pay off debt with your balance transfer. Keeping your eye on paying down debt first means you won’t have to tackle extra interest from everyday purchases.
Some fees might apply, such as a $25 late fee if you miss your monthly repayment, and a 3% or $4 (whichever is greater) on cash advances. The long-standing advice is to avoid withdrawing cash from your credit card altogether.
Who might suit the Bankwest Zero Platinum Mastercard?
While having no annual fee could make this card a good one for first-timers, its perks also mean it lends itself well to people with existing credit card debt. It also suits travellers or big spenders who want to save on international transaction fees.
User reviews
Rates and fees
Interest rates
Purchase rate 18.99% p.a.
Introductory purchase rate 0% p.a. for 6 months
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 6 months
Balance transfer revert rate 18.99% p.a.
Balance transfer from personal loan No
Balance transfer fee 3% 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; closing balance applies if less than $20)
Cash advance fee 3% or $4 (whichever is greater)
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, Samsung Pay, Google Pay, Garmin Pay, & Fitbit Pay
Overview
Bankwest Zero Platinum Mastercard
As an introductory offer, new Bankwest Zero Mastercard customers can save on interest for new purchases and payments for existing debt with 0% p.a. rate on purchases and balance transfers for the first 6 months (a 3% balance transfer fee will apply), reverts to 18.99% p.a. Cardholders can also take advantage of up to 55 days interest free on purchases, 24/7 online account access, Mastercard PayPass, and no foreign fees on purchases. Other fees, T&Cs apply.
Key features
- Pay no annual fee
- 0% p.a. on balance transfers for 6 months with 3% balance transfer fee (reverts to 18.99% p.a.). New Bankwest Zero Mastercard customers only.
- Introductory 0% p.a. purchase rate for 6 months.
- No foreign transaction fees on online and overseas purchases
- Easy Instalments Purchase Plans
- Up to 55 days interest free on purchases
- Pay with your compatible device using Apple Pay, Samsung Pay, Google Pay, Garmin Pay, & Fitbit Pay
Minimum criteria to apply for this card
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Be over 18 years old
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Good Credit and have not applied for multiple credit cards recently
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Australian permanent resident
You have your personal details ready to complete the online application
Pauline is a personal finance expert at CreditCard.com.au, with 9 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 question260 questions (showing the latest 10 Q&As)
Hello for Bankwest Zero Platinum Mastercard - if i apply for this & straight away buy a flight ticket worth $6000 do i get 6 months to pay off the the purchase & with interest free? Bit confused with 55 days interest free
Hi Ranjit, if your application is approved and you make that purchase, the 6 months interest free starts from the date of your card approval. You'll still have to make the minimum monthly to keep your account in good standing to keep the interest free period on your account. The 55-days interest free period will only apply after the promotional period ends. Hope this has helped!
Bankwest Zero Platinum Mastercard - I fi apply and get this new Credit card & then buy a ticket worth $5000 do I get interest free for 6 months for that purchase?
Hi Akhila, if your application is approved and you make that purchase, the 6 months interest free starts from the date of your card approval. You'll still have to make the minimum monthly to keep your account in good standing to keep the interest free period on your account.Thanks!
Does the Bankwest Zero Platinum Mastercard offer complimentary travel insurance?
Hi Medgee, Upon checking the Bankwest Zero Platinum Mastercard, it does not offer complimentary travel insurance but the Bankwest Breeze Platinum does. You may check our list of Credit Cards with Free Travel Insurance for alternative options. Thanks!
Can a self-funded retired couple get this credit card? we would cancel an existing bank credit card to make way for this card.
Hi Evers, upon checking, our Pensioner Credit Cards do not include the Bankwest Zero Platinum Mastercard. Getting credit as a pensioner can be a little tricky, as I cover in our Pensioner Credit Cards for more options. So if you already have a line of credit, make sure you’re 100% certain on your next move. Thanks!
Can I get a virtual card
Hi Nicole, you can get a virtual card by logging into the Bankwest app and adding your card to your digital wallet to pay on the go. Thanks!
can I please ask if there is any cost for additional card holders? thanks
Hi Peter, upon checking, you can add up to 3 extra cards with no additional fees. Thanks
I need to buy a car I need a lot of 50 grand
Hi Carmen, $50,000 is a very high credit limit. The kind of card you’d need for that credit limit would probably also come with a high interest rate (upwards of 20% p.a.). You might be better off looking at a personal loan with lower interest rates. The other thing to consider is that a car is a depreciating asset. So you’d be paying a high rate of interest on an item that is constantly losing value Thanks Carmen!
If overseas and without an Australian phone number to receive SMS codes, do you have the ability to send verification codes to either a registered email account or via an app.
Hi Allan, great question! You can let the bank know in advance that you’re travelling and won’t have a number overseas, and they’ll give you other options to use. It varies between banks. Safe travels!
I have now up to $12000 credit a year with my current credit card, I have had in the past up to $15000. Can I have the same limits?
Hi Mummajumma, there are several factors and eligibility criteria you need to meet before you can increase your credit limit as increases were reformed in 2018. The credit card provider will determine what your credit limit is when you apply, and you can request a higher limit down the track if needed. Thanks!
Can you load up this CC? If its a $6000 limit can you load your own money on top as you can with an ordinary CC such as Commbank or ANZ? You cant do this with a Lattitude card.
Hi ED, from my research it seems that any time you withdraw money from your credit account, it’s classified as a cash advance. Whether or not your account is in surplus which means you’ll still be charged fees. It might be worth giving BankWest a call on 131719 to chat about this issue. Hope you find the answers you need!
I wish to transfer my 28 Degrees Latitude card over to Bankwest. At present my Latitude card is in credit but I have a $6000 limit. I want to cancel my Latitude card as annual fees are increasing. I am retired and not working. Is this possible or would it be possible if I had a debit balance on the card.
Hi Jan, when you apply for a credit card like Bankwest that has a balance transfer, you’ll be asked to enter your Latitude card details during the application. Then Bankwest will determine if you are eligible for their credit card, the transfer and what your credit limit will be. The other option is to pay off your Latitude card in full - but if that’s not possible then balance transfers are great. It all comes down to your eligibility. I hope that helps!
What is currency conversion fee for this card?
Hi Lee, if you're referring to the foreign transaction fee, I checked the Bankwest Zero Platinum Mastercard and saw that it doesn’t have a foreign transaction fee.Thanks!
I have a Bankwest Zero Platinum Mastercard. Is it possible to have an additional separate Zero Platinum card with a low amount for when I am travelling? I am retired but my credit rating is good!
Hi Marion, since you mentioned you already have a BW Zero Platinum card, it’s probably an idea to contactBankwest directly at 13 17 19 to see what options are available for you as an existing card holder. Alternatively, you can also check some of the other no annual fee, and no foreign fee cards for options.
Does this card charge any currency conversion fees or transaction fees on purchases? I am looking for a replacement for my Latitude 28 degrees card. Thank you.
Hi Debbie, that’s a good question! Yes the BankWest Zero Platinum card offers a zero or no foreign transaction fee feature. You can check my review of this card for more information. Alternatively, you can check other Bankwest and no foreign transaction fee cards to compare more options.
This card does not charge international transaction fees but does it charge currency conversion fees and is there a way around it?
Hi Ben, yep you’ll pay currency conversion with this card. Cards that waive both fees are rare. There isn’t any way around it unfortunately, unless it’s a specific feature with a credit card or money transfer card.
with the bankwest zero platinum mastercard how is the international travel insurance activated?
Hi Lynette, good question! It’s already active and you’re automatically covered when you meet the eligibility criteria. For more information about eligibility, coverage, T&Cs, and some general exclusions, you can check Bankwest’s credit card insurance PDS or give them a call at 13 17 19. If you are travelling you should give Bankwest a heads up that you’re travelling so they don’t flag any overseas transactions as suspicious. Safe travels!
How is the statement period calculated for the zero platinum mastercard? I notice this appears to be a flexible duration and varies from month to month. Regards, Paul.
Hi Paul, the statement period for the Bankwest Zero Platinum card, or any credit card, is typically around 30 days, but it can vary based on your card approval date and the number of days in each month. For example, if your card is approved on January 10th, your first statement period will run from January 10th to February 8th (30 days). The next statement period could be from February 9th to March 10th, which includes 30 days (20 days in February (if it’s a leap year), from February 9th to February 29th, plus 10 days in March). Hope this helps!
I am thinking of transferring a balance from an exist card across to another, is this an easy process ?
Hi James, good question! As long as you meet the eligibility requirements, you should be fine. You can check the article I’ve written for some key rules explained about balance transfers. If you’re confident you’ve met the criteria and are ready to proceed, you can click the green Go To Offer button at the top of this page.
hi
I would like to apply for Zero platinum Mastercard. At the moment I have Citibank Mastercard. How can I avoid transfer balance fee ( 3% ).
Thank you
tony
Hi Tony, the only way around it would be to call Bankwest directly and ask if they'll waive it. You never know! Otherwise, you could look for credit cards with a 0% fee promotion, but to be honest, fewer of those are floating around these days. Good luck Tony!
Hi Pauline, is there any way i can get an estimate on how much i can borrow to balance transfer to my non bankwest credit card without doing a credit check, that as we all know effects and lowers credit score every time when applying, and then i can make the decision to go through with it if happy?
Hi Nicolai, that’s a great question and I think the answer is no, there’s not unfortunately! Each bank will assess you and determine your credit limit differently. You can use free tools to check your credit score to see where you’re currently sitting, and try to make a decision from there if you think you’d qualify for what you’d need. I wish I had a better answer for you! All the best with everything.
Julia
5 November 2019I 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 cardCreditcard.com.au Visitor
17 May 2013Great 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 cardCreditcard.com.au Visitor
28 January 2013A really good value card with lots of good offer and no fees at all.
Recommends this cardCarol-Ann Donnelly
28 January 2013How 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 cardPeter Ali
28 January 2013After 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