Guaranteed Low Rate Credit Card: The Bankwest Lite MasterCard
Posted September 21st, 2009
and last modified March 15th, 2010The Bankwest Lite MasterCard is just one of the credit cards available from Bankwest. At this moment in time, this particular card offers the lowest purchase rate of any MasterCard in Australia.
This is a guaranteed credit card rate of just 10.75% per annum. This means that any credit card debt can be kept to a minimum, which will in turn reduce the level of stress that usually comes with managing any sort of debt.
Customers applying for the first time for a Bankwest Lite MasterCard can also benefit from an introductory offer on balance transfers from another credit card. This offer will allow balance transfers to be paid off at a low rate of 1.99% p.a. for 9 months. This is the longest period ever offered on a Bankwest credit card.
Additional features of the low interest Bankwest Lite MasterCard
The Bankwest Lite MasterCard includes the following features:
- Three additional cardholders can be added for free
- Your Bankwest Lite MasterCard can be used at over 28 million outlets worldwide
- You can gain access to your account twenty-four hours a day when you visit Bankwest’s Online Banking
- An annual fee of $59
Depending on your circumstances, you may also have a choice of two other Bankwest credit cards: the Bankwest Lite Gold MasterCard, and the Bankwest Lite Platinum MasterCard. These have even more additional features:
The Bankwest Lite Gold MasterCard offers the customer:
- Guaranteed airline travel insurance and accident insurance protection no matter where you venture in the world.
- Automatic purchase protection whenever you buy anything with your card.
- Purchases benefit from up to 12 months extra warranty on top of that offered by the manufacturer.
- Offers and discounts from MasterCard Moments®.
- An annual fee of $89.
The Bankwest Lite Platinum MasterCard offers the customer:
- Twenty-four hour help with travel arrangements, bookings, shopping and medical services via the toll free number 1800 038 298.
- Guaranteed airline travel insurance and accident insurance protection no matter where you venture in the world.
- Automatic purchase protection whenever you buy anything with your card.
- Purchases benefit from up to 12 months extra warranty on top of that offered by the manufacturer .
- Offers and discounts from MasterCard Moments®.
- An annual fee of $120.
After customers apply for the Bankwest Lite MasterCard by completing the application form, Bankwest will inform that customer which level of card they are eligible to receive. At that point, it is up to the customer to decide which Bankwest credit card best suits their needs, which they will stipulate when they formally submit their application.
See the complete list of all the available Bankwest Credit Cards
BankWest Credit Card Comparison
| Credit Card | Card Details | Interest Rate (p.a.) | Cash Advance Rate (p.a.) | Balance Transfer Rate (p.a.) | Annual fee | Interest free days (up to) | |
|---|---|---|---|---|---|---|---|
|
|
Low interest rate on purchases with interest free days. | 10.75% | 21.49% | 1.99% for 9 months | $59 | 55 |
 |
 BankWest Zero MasterCard |
A plain no frills credit card which offers a grace period, modest interest rate and zero dollar annual fee. Up to 3 cardholders complimentary. | 16.99% | 16.99% | 1.99% for 9 months | $0 | 55 |
|
 BankWest Zero Gold MasterCard |
Travel accident insurance, 12 month extended warranty on purchases with licensed Australia warranty and purchase protection | 16.99% | 16.99% | 1.99% for 9 months | $0 | 55 |
|
 BankWest Zero Platinum MasterCard |
Similar features to the Zero Gold, with added 24/7 concierge service to help you arrange travel, bookings, shopping and medical services. |
16.99% | 16.99% | 1.99% for 9 months | $0 | 55 |
|
 BankWest ‘More’ MasterCard |
Grace period on purchases, 1.5 points for every dollar you spend, large range of rewards. | 18.74% | 21.49% | 1.99% for 9 months | $89.00 | 55 | N/A |
 BankWest ‘More’ Gold MasterCard |
1.5 reward points for every $1 spent. Free travel and accident insurance. Payment protection. | 18.74% | 21.49% | 1.99% for 9 months | $120.00 | 55 | N/A |
Related posts:
- Bankwest Lite Gold MasterCard – Review and Application
- Bankwest Lite Platinum MasterCard
- Bankwest Lite MasterCard Credit Card
- Bankwest Lite MasterCard: Switch and save with the multi-award winning credit card from Bankwest
- Bankwest Lite MasterCard – Review & Application
- Bankwest Lite MasterCard – Australia’s Cheapest Credit Card
- Bankwest Bites Back: Lite MasterCard Returns with a Bang
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