Bankwest Breeze MasterCard Credit Card
Pros
- Awarded the Cheapest Credit Card for 2012 by Money Magazine
- Low interest offer on balance transfers and purchases and a great low annual fee
Cons
- No rewards program - but who's complaining? this card is amazing!
Overall
If you are looking for a fantastic low interest credit card with an affordable annual fee, the Bankwest Breeze MasterCard is well worth considering. One of the great advantages of this card, is the fact that at the end of the balance transfer period it reverts to the low purchase rate, unlike other balance transfer offers in the market.
The Bankwest Breeze MasterCard offers a guaranteed low rate to help you manage your credit card debt.
Bankwest is a respected regional bank, having a strong presence in Western Australia. They do operate all across the country, and provide a range of credit cards for all Australians.
If you are looking to minimise or get rid of debt then the Bankwest Breeze MasterCard is a viable credit card because of its low purchase & balance transfer rates. The object of paying off debt is to save money wherever you can so this makes perfect sense.
The Bankwest Breeze MasterCard is an entry level credit card from the bank, aimed at the more budget conscious customer. Read on to find out the primary features of this card.
Reduce stress with a guaranteed low rate credit card. Now just 10.99% p.a. on purchases.
Interest Rates, Fees & Charges
| Balance Transfer Rate |  |
4.99% p.a. for 12 months |
|---|---|---|
| Interest Rate on Purchases | |
10.99% p.a. |
| Annual Fee | |
$69 |
| Interest Free Period | |
up to 55 days |
| Cash Advance Rate | |
21.99% p.a. |
| Card Type | |
Standard |
| Minimum Income Requirement | |
$20,000 p.a. |
| Credit Card Type | |
MasterCard |
| Rewards Program | |
No |
- 10.99% p.a. on purchases
- 4.99% p.a. for 12 months on balance transfers
- 21.99% p.a. on cash advances
- A low $69 annual fee. $0 Annual Fee charge is possible in the 2nd year with a minimum $10,000 spend.
- Up to 55 days interest free on purchases.
- Up to 3 additional cardholders – free!
- 24/7 account access via Bankwest Online Banking
- Use your Bankwest Breeze MasterCard at over 28 million outlets worldwide.
- Instant savings at some of Australia’s best retailers with Bankwest RewardMe rewards program
Read the official terms and conditions
Upgrade to the Gold or Platinum version:
If you earn enough income you might even be lucky enough to be upgraded to the Bankwest Breeze Gold MasterCard or the Bankwest Breeze Platinum MasterCard.
See what you get extra with the Bankwest Breeze Gold MasterCard:
- Travel with peace of mind and confidence thanks to the built-in airline travel and accident insurance protection.
- Receive automatic purchase protection on any goods you buy with the card.
- Get up to 12 months extra on top of the usual manufacturer’s warranty.
- MasterCard Moments ® – great offers and discounts.
- Annual card fee of $99.
See what you get extra with the Bankwest Breeze Platinum MasterCard:
For the ultimate in Bankwest credit card, the following features will have you covered.
- Have your own 24/7 concierge service to help you arrange travel, bookings, shopping and medical services with a convenient toll free number 1800 038 298.
- The built-in airline travel and accident insurance protection will keep you covered wherever you are in the world.
- Get automatic purchase protection on any goods you buy.
- receive up to 12 months extra on top of the usual manufacturer’s warranty.
- MasterCard Moments ® – great offers and discounts.
- Annual Fee of $130.
The Bankwest Breeze MasterCard is an award winning credit card and one of the best in the Australian market as voted by Money Magazine’s 2012 Best Awards.
Since this is a bare-bones card designed to be low cost, there are no reward programs options. Some of the features in higher-end cards are also missing, such as complimentary travel insurance and purchase protection (which provides insurance cover for items which are purchased with this card against accidental damage or theft).
Overall, the Bankwest Breeze MasterCard succeeds in providing good value in its chosen niche. For a small annual fee customers get access to a low interest rate card which also has good balance transfer options and up to 55 interest free days on purchases. And since this is a MasterCard, it comes with extra protection from credit card fraud and the famous ‘zero liability guarantee’ from MasterCard.
Bankwest Breeze MasterCard Review
Having received top marks by Money Magazine, the Bankwest Breeze MasterCard ensemble is set to impress even the ficklest of credit card shoppers. Take a look at the features of this lite card and see which of them – three in all – suits your needs best.
The Bankwest Breeze MasterCard is an award winning money saver. Money magazine voted it the “Cheapest Credit Card” and the Cheapest Balance Transfer”. The inexpensive options that come with ownership of this card are what makes it such a big money saver. Think about how much extra money you would have for other bills and expenses if your credit card had lower fees and lower interest rates. The experts agree that the biggest perk of this card is that it is easy on your wallet.
Balance transfers are another one of the ways the Bankwest Breeze MasterCard saves you money. When you have credit card debt you wind up spending wads of cash on interest. This interest can add up to hundreds maybe even thousands of dollars over the months or years that it takes to pay it off. If you were to transfer that balance so the rate was only 4.99% p.a. for 12 months you can take advantage of that cheap rate so you could save enough to pay off that full debt within the balance transfer period. Then, not only would you come out free of credit card debt, but you would still have an excellent award winning card in your wallet.
The Bankwest Breeze MasterCard comes in Platinum, Gold, or Classic your income and credit file will determine which one you get. But, you do not have to figure out eligibility, just log on to the Bankwest website and you can fill out the easy application. They figure out which cards you qualify for and then give you your options. At Bankwest their goal is to offer high quality credit cards, ones with fair interest rates for their customers. They try to make card ownership easy by streamlining their application process. One of their motto’s is, “Lower stress means happiness” and it is true. If you are free from the worry of high interest rates and complex regulations you can breath a whole lot easier.
What are the advantages of a low purchase rate?
A low purchase rate helps to keep things under control. With the lead up to Christmas, in fact, any time of the year it’s good to be given a break on the interest. The Bankwest Breeze MasterCard currently has an introductory rate of 10.99% p.a. months, with an extremely competitive go to rate.
So, at the same time as paying off your balance transfer you can rest easy knowing that you are paying the same competitive interest rate on purchases as you are on your balance transfer.
What is Bankwest RewardMe?
RewardMe gives you instant access to exclusive offers and savings when you pay with your Bankwest Breeze MasterCard at participating Restaurants, Retail Outlets, Travel and other locations.
Is the Bankwest Breeze MasterCard available in Gold or Platinum?
Yes, the Bankwest Breeze MasterCard is available in Gold or Platinum.
How do I apply for a Bankwest Breeze Classic, Breeze Gold or Breeze Platinum MasterCard?
Simply go to Bankwest.com.au/lowratecreditcard and complete the combined application. We’ll work out if you’re eligible for a Bankwest Breeze Classic, Breeze Gold or Breeze Platinum MasterCard from the information you provide in your credit card application. We will let you know which cards you’re conditionally approved for and you can choose the one you want. Hit the “˜Apply Now’ button above to start your online application.
What are the additional benefits of the Bankwest Breeze Gold and Breeze Platinum MasterCard?
Along with the great benefits offered on the Bankwest Breeze MasterCard, the Bankwest Breeze Gold MasterCard provides you with built in travel insurance and accident insurance protection. It also comes with automatic purchase protection on any goods you buy, including up to 12 months extra on top of the usual manufacturer’s warranty.#
A Bankwest Breeze Platinum MasterCard has all the benefits of the Bankwest Breeze Gold MasterCard, but in some instances there is a higher level of cover. PLUS it comes with 24/7 concierge service to help you arrange travel, bookings, shopping and medical services.^
Read the official terms and conditions
| Minimum Income | $20,000 | Minimum Age | 18 years of age |
| Residency | Permanent Australian Resident | Credit Rating Requirement | Good |
| Min Credit Limit | $1,000 | Max Credit Limit | $25,000 |
| Annual Fee | $69 | Balance Transfer Fee | |
| Minimum Repayment | 2% | Interest Charged From | Purchase Date |
| Late Payment Fee | $35 | Over Limit Fee | $30 |
| Overseas Emergency Replacement | $0 | Overseas ATM Balance check | $0 |
| Overseas ATM Withdrawal | $4 | Foreign Currency Conversion Fee |
With the BankWest Lite Mastercard. With the bank transfer at 5.99%, if I transfer $10000, and if within the 12 months we only pay $8000, does the 10.75% go on the original $10000 or the remainder $2000? Thank you.
Im a new customer to Bankwest would you guys waive the annual fee for the first year?
Hi Sam
Thanks for your comment.
This is something that you could try negotiate directly with Bankwest. There is however a no annual fee credit card from Bankwest: Bankwest Zero MasterCard
I’d love to hear how you go with your negotiations! Good luck :)
Cheers,
Jeremy
Hi, just want to know after 6 months, what annual percentage the balance transfer rate will revert to?
Hi Fyodor
Thanks for your comment
The current balance transfer rate lasts for 12 months with the Bankwest Lite MasterCard. At the end of the balance transfer period, it reverts to the purchase rate.
Cheers
Jeremy
How can it claim to be up to 55 days interest free but in the Fees & Repayments section state that interest is charged from purchase date.
I’ve noticed this on other cards as well.
/B
What is the charge for paying the Bankwest Breeze credit card late?
Hi Aileen
The late payment fee for the Bankwest Breeze is $35
Cheers
Jeremy