- 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
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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 question261 questions (showing the latest 10 Q&As)
How can I apply for this MasterCard ?
Hi Angela, unfortunately we're currently not partnered with Bankwest. You'll need to head over to their official website to apply for this card.
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