Bankwest Zero Platinum MasterCard – Details & Application
What happens when I click Apply Now?
- Clicking Apply will take you to your Online Application on the bank's website. You do not need to be an existing customer of this bank to apply.
- Your application will typically take you no more than 10-15 minutes to complete
- Once approved, you will receive your credit card in the mail within 1-2 weeks
The Bankwest Zero Platinum MasterCard offers everything the Zero Gold offers with more.
The award winning Bankwest Zero Platinum credit card is a no annual fee credit card with great interest rates to boost.
Interest Rates, Fees & Charges
| Balance Transfer Rate |  |
4.99% p.a. for 9 months |
|---|---|---|
| Interest Rate on Purchases | |
0% p.a. for 6 months (reverts to 17.99% p.a.) |
| Annual Fee | |
$0 |
| Interest Free Period | |
up to 55 days |
| Cash Advance Rate | |
18.99% p.a. |
| Card Type | |
Platinum |
| Minimum Income Requirement | |
$15,000 p.a. |
| Credit Card Type | |
MasterCard |
| Rewards Program | |
No |
You also get a 4.99% p.a. for 9 months on balance transfers from non-Bankwest credit card balances.
Enjoy prestige service the Bankwest’s 24/7 concierge service to help you arrange travel, bookings, shopping and medical services.
Features of the Bankwest Zero Platinum MasterCard include:
- 4.99% p.a. for 9 months on balance transfers
- $0 annual fee forever.
- 55 days interest free on purchases
- 0% p.a. for 6 months (reverts to 17.99% p.a.)on purchases
- Receive built-in airline travel and accident insurance protection wherever you are in the world.
- Automatic purchase protection
- 12 month warranty extension when you purchase a good which comes with an Australian warranty with your Zero Platinum MasterCard and 24/7 concierge service to help you arrange travel, bookings, shopping and medical services.
- Up to 3 additional cardholders – free!
- 24/7 account access via Bankwest Online Banking
- Money Magazine awarded this card The Best Transactor card Label.
- Be covered with the automatic purchase protection on any goods you buy.
Bankwest Zero Platinum Review
If you always wanted a platinum credit card because of its features and benefits then you should take a look at the Bankwest Zero Platinum. Streamlined charges, great deals and a smooth application process are only the beginning.
A Bankwest Zero Platinum is an option if you are tired of feeling overwhelmed by complicated fees and interest rates on your credit card statement. All too often people get into trouble with credit card debt because they do not realize that different interest rates apply to different types of transactions. They also might not realize that the lowest interest rate debt they have will always get paid off first, making those high interest transactions even more costly. On top of that many credit cards charge an annual fee that can be $50 or more per year just for owning the card. Thankfully at Bankwest these charges have been streamlined to make it easier on consumers record keeping and on their wallets.
Bankwest Zero Platinum Streamlined Services:
- One step application process – To apply for a Bankwest Zero Platinum card all you have to do is to click through to their website and complete the online application. They determine which cards you qualify for and then let you choose the card that works best. The entire process is done quickly and efficiently online.
- No annual fees – Not just for the first year, not just when you spend a specified amount annually, no annual fee ever. If you figure out how much you spend in annual fees, lets say the average is $49 per year on another card, over ten years that is a $490 savings.
In addition to all of the things listed above the Bankwest Zero Platinum card has an introductory offer that gives you a 4.99% p.a. for 9 months p.a. on balance transfers. The low rate and the long term of this deal gives you the chance to get out from under other expensive credit card debt. It is just one more way that you will save money and time with this credit card. Easy to apply for and big savings, this is the card that can really make a difference in your finances.
Read the Bankwest Zero Platinum MasterCard terms and conditions.
| Minimum Income | $15,000 | |
|---|---|---|
| Minimum Age | 18 years of age | |
| Available to Temporary Residents | No | |
| Credit Rating Requirement | Good | |
| Min Credit Limit | $8,000 |
| Annual Fee | $0 p.a. | |
|---|---|---|
| Minimum Repayment | 2.00% | |
| Interest Charged From | Purchase Date | |
| Late Payment Fee | $35 | |
| Over Limit Fee | $30 | |
| Overseas Emergency Replacement | $2.90 | |
| Overseas ATM Balance check | $10.00 | |
| Overseas ATM Withdrawal | $4.00 | |
| Foreign Currency Conversion Fee | 0.00% | |
| Gambling Transactions Allowed | No | |
| Gambling Transactions Interest Rate | 0.00% |
What is the minimum credit limit for this card?
Hi Michael
Thanks for your comment
The minimum credit limit for this card is $1,000.
Cheers
Jeremy
Hi,
So you cleared up the 1st question i had which was the minimum. So in that case does this have a rewards program? and also if so, how much does it cost?
Am I able to pay this credit card via internet from other accounts I hold with other banks??:?
What does “1% p.a. for 6 months (reverts to 17.99% p.a.)on it purchases” actually mean? I’m sorry I don’t understand why have a 1% if it’s going to “revert” to a higher percentage, when does “revert” etc. This particular line on all the credit card offers stumps me.
Just wondering about the travel insurance? What are the terms?
Can the outstanding balance on this credit card be paid through online banking from other banks apart from Bankwest? Is there a fee for paying this way?
Hi Pal,
There are a number of ways to pay the outstanding balance on a credit card from a 3rd party online source. The easiest way is to set up the credit card in question with your BPAY account or add the credit card into the list of payees in your internet banking account. All you have to do is deposit funds on to the card and the outstanding balance owed will be reduced by the amount you have payed. Please note that it may take a number of business days for a transaction to be processed between lenders. Thanks for your question. Cheers.
Jeremy
Hi Laura,
For a detailed list of the terms and conditions please refer to the Bank West Zero Platinum Mastercard PDS http://www.bankwest.com.au/library/pdf/PDS_20060801-154923.pdf – To summarise some of the more common points that people enquire about: children are covered if they are unmarried, under 18 and live at home or are 18 to 21 and are studying and still live at home or live at home when not studying. There are exclusions to the policy and you are also required to pay an excess for some claims, please see the PDS for further information. Thanks for your question, hope this helps.
Cheers
Jeremy
Hi Cassie,
Thanks for your question. The Bankwest Zero Platinum MasterCard offers 55 days interest free on purchases in addition to a 1% interest rate on purchases for 6 months. What this means is you will not receive any interest for the first 55 days of your purchase. After the 55 days, you will incur a charge of 1% interest on the outstanding balance for the next 4 or so months. Both the 55 day interest free period and 1% interest on purchases for 6 month offer start from the date of the purchase. After the 6 month period the 1% interest rate will ‘revert’ or go back to the normal (and much higher) standard variable rate of interest for purchases. “Note: The interest rates and offer details mentioned in this comment were current as of 09/02/2012″Hope this has made things clearer for you. Cheers.
Jeremy
Hi there,
What is the minimum income required to apply for this card?
I am classed as a permanent resident for Australian Tax Purposes and have a employer sponsorship visa. Would I be eligible for your card. I have an account with NAB and would take their gold card but they have an annual fee of 90 dollars.
Hi,
Thanks for your question. You must be earning over $15,000 to apply of this card. Cheers.
Jeremy
Hi Michael,
When it comes to applying for a credit card with special residency situations, it is always best to speak to a branch directly. Cheers.
Jeremy