Bankwest More Gold MasterCard
Benefits Offered with the Bankwest More Gold MasterCard
Customers who qualify for the Bankwest More Gold MasterCard will enjoy plenty of perks and benefits just for being a cardholder. Along with the benefit of earning 1.5 points per $1 spent using your card to pay for eligible purchases, new customers to Bankwest will earn triple the amount of bonus points on all purchases made.
Interest Rates, Fees & Charges
| Balance Transfer Rate |  |
4.99% p.a. for 12 months |
|---|---|---|
| Interest Rate on Purchases | |
19.24% p.a. |
| Annual Fee | |
$120 |
| Interest Free Period | |
up to 55 days |
| Cash Advance Rate | |
21.99% p.a. |
| Card Type | |
Gold |
| Credit Card Type | |
MasterCard |
| Rewards Program | |
Yes |
On top of this, new More Gold cardholders will receive 30,000 instant bonus points. This gives you an excellent way to get your rewards points balance off to a great start.
More Rewards points can be redeemed for more than 3,000 different rewards, so you should have no trouble finding something from the extensive range to spend your points on that suits you.
If you aren’t into the idea of More Rewards points, you are able to opt in to the Qantas Frequent Flyer rewards program instead. Cardholders can earn 1 point for every $2 spent using their Bankwest More credit card. Cardholders are also able to receive an extra 3,333 bonus Qantas points. Qantas allows you to redeem your points for flights, accommodation, or even Woolworths shopping vouchers every quarter.
Low Interest Rates
The Bankwest More Gold MasterCard allows you to take advantage of a low balance transfer interest rate of just 4.99% p.a. for 12 months. Simply transfer any outstanding balances from other lenders over to Bankwest and see your interest charges reduced for an entire year.
Add to this the benefit of an interest free period of up to 55 days on eligible purchases, and it’s easy to see why this card is so popular.
More Gold MasterCard Free Insurances
Cardholders with a Bankwest More Gold MasterCard can enjoy free airline travel insurance if their credit card was used to pay for the ticket purchase. This can help to protect against missed flights or other incidents related to airline travel.
Customers are further protected by a complimentary Travel Accident insurance policy that offers a level of protection against accidents incurred while travelling interstate or overseas.
The Bankwest More Gold MasterCard also comes with complimentary Purchase Protection Insurance. This policy gives you an automatic level of protection for three months against theft, loss or damage to any items purchased using your credit card.
More importantly, if you do pay for an item using your credit card, you’ll also receive an automatic extended 12 month warranty on top of the manufacturer’s existing warranty term. This can be ideal for those customers who purchase electronic items or appliances and want the reassurance of an extra year worth of warranty to protect against damage or fault within the item.
Optional Insurances Available with the Bankwest More Gold Card
If you still retain an outstanding debt balance on your credit card, you can opt for an extra level of balance cover. This type of cover automatically covers you for 7% of your monthly repayment amount each month in the event that you lose your job or suffer from an accident or any illness where you’re unable to work.
7% of your outstanding balance is usually higher than the minimum monthly repayment amount due, so you’ll know that if you’re unable to make your payments for any legitimate reason, your insurance will make your payments for you for a period of up to 36 months.
The same coverage will also cover your outstanding balance in the event of your untimely death. The amount you owe will be instantly repaid in full (up to a limit of $50,000), which can drastically reduce the financial stress on your loved ones.
Read the official terms and conditions
| Minimum Income | Minimum Age | 18 years of age | |
| Residency | Permanent Australian Resident | Credit Rating Requirement | Good |
| Min Credit Limit | $5,000 | Max Credit Limit | $50,000 |
| Annual Fee | $120 | 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 | 2.95% |
| Rewards Points per Dollar | 1.5 Point(s) | Points needed for Syd/Mel Return Flight | 44000 |
| Points needed for $100 Voucher | 14767 |
Ask A Question About This Card