Bankwest More Platinum Mastercard – Details and Application

The Bankwest More Platinum Mastercard offers 75,000 bonus More Rewards Points every year you meet the spend requirement.

The Bankwest More Platinum Mastercard is ideal for overseas travellers, who can take advantage of complimentary credit card travel insurance, 0% foreign currency conversion fees and free worldwide emergency card replacement. You’ll also earn 2 rewards points per $1 spent on eligible purchases and can take advantage of up to 44 interest-free days on purchases.

Product NameBankwest More Platinum Mastercard
Rewards ProgramBankwest More Rewards Program
Balance transfer rate0% p.a. for 6 months with 1% balance transfer fee
Balance transfer revert rate
The interest rate that will apply to any remaining balance after the balance transfer term ends.
Standard Balance Transfer Revert Rate (19.99% p.a.)
Balance Transfer Limit95% of available credit limit
Purchase rate (p.a.) 19.99% p.a.
Annual fee$160 p.a.
Interest Free Period
The interest-free period is the maximum number of days during which interest is not charged on new purchases. This only applies if you pay your closing balance in full by the statement due date.
Up to 44 days on purchases
Cash advance rate (p.a.)21.99% p.a.
Min credit limit
This is the lowest credit limit you can be granted. It is possible to request a higher credit limit but not a lower one than this figure.
Card TypeMastercard
Foreign Currency Conversion Fee (MC)
Charged when you make a transaction that is converted by Mastercard from Australian dollars to a foreign currency. You’ll also incur a currency conversion fee if you make a purchase or obtain a cash advance in Australian dollars while overseas or shopping online with a foreign merchant or financial institution.
0% of transaction value
Complimentary Travel InsuranceYes
Minimum Age18 years of age
Available To Temporary ResidentsYes
Joint ApplicationNo
Annual fee$160 p.a.
Minimum Monthly Repayment2% or $20, whichever is greater
Late Payment Fee$25
Foreign Currency Conversion Fee (MC)
Charged when you make a transaction that is converted by Mastercard from Australian dollars to a foreign currency. You’ll also incur a currency conversion fee if you make a purchase or obtain a cash advance in Australian dollars while overseas or shopping online with a foreign merchant or financial institution.
0% of transaction value
Cash Advance Fee2% of transaction amount or $4 (whichever is greater)
Overseas Cash Advance Fee2% of transaction amount or $4 (whichever is greater)
Overseas ATM Withdrawal Fee$0
Gambling Transactions AllowedYes
Additional Cardholder Fee$0
Number of Additional Cardholders3


  • Earn 75,000 annual bonus points if you spend at least $48,000 during the year.
  • Pay 0% foreign transaction fees on online and overseas purchases.
  • You can get up to 3 additional cardholders at no extra cost.
  • This card offers 0% p.a. interest rate on balance transfers for 6 months.


  • There has a relatively high annual fee of $160.
  • A one-time 1% balance transfer fee applies.
Rewards ProgramBankwest More Rewards Program
Bonus Points75,000 bonus points
Rewards Points per $ spent (VISA/MC)2
Rewards Points per $ (VISA/MC) Cap400,000

Benefits of using a Bankwest More Platinum Mastercard

  • Annual bonus points. Earn 75,000 bonus points when you spend at least $48,000 on eligible purchases within the year.
  • Balance transfer offer. When you sign up for this card, you get a special introductory offer of 0% p.a. on balance transfers for 6 months with a 1% balance transfer fee. The balance transfer must come from a non-Bankwest credit card. It should be noted that this introductory period begins when you open your account, even if you choose not to make a balance transfer.
  • Reward program. Earn 2 points for every $1 spent on your card and redeem the points for great rewards like hotel stays.
  • Complimentary credit card insurances. Take advantage of complimentary credit card insurances including purchase security cover, purchase extended warranty, and credit card travel insurance.
  • Foreign currency conversion. Customers who are planning to travel overseas will find this card useful as it has 0% foreign currency conversion fees. In addition to the complimentary credit card travel insurance, this can save cardholders hassle and money while travelling.
  • Complete Home Loan Package. Receive $0 annual fee on your Bankwest More Platinum Mastercard when you also have a variable, fixed or equity home loan and a $0 monthly Offset Transaction Account with Bankwest. This package costs $395 annually.
  • Technological Extras. This card can be linked to Google Pay, available on compatible Android devices. You can also purchase a Bankwest Halo payment ring and use it to tap and go at any contactless payment terminal. Available in black or white, the ring costs $39, is secure, waterproof and doesn't require an app or charging.

Features of the More Platinum Mastercard

  • Annual fee. This card charges an annual fee of $160.
  • Interest-free days. Enjoy up to 44 days of interest-free purchases when you use your More Platinum Mastercard. You must pay the closing balance, including any cash advances and balances, to qualify for interest-free days.

How to apply for the More Platinum Mastercard

To apply for the Bankwest More Platinum Mastercard, you’ll need to prepare all of the proper information and meet all of the eligibility requirements. Once you are sure that you have everything you need, you can go ahead and begin the application process.

Eligibility criteria

  • You must be at least 18 years of age.
  • You must also be a permanent Australian resident with a valid address. You must be able to prove your residency in order to be eligible for this credit card.

Required documents

  • You’ll need proof of identification, including your driver’s licence number and proof of your address.
  • You’ll also need to provide Bankwest with proof of income. This is usually in the form of tax papers or payslips. You may have to provide bank account information as well.

Bankwest More Platinum Mastercard has good features for domestic users and overseas travellers. A higher earn rate allows shoppers to amass points and redeem rewards quicker. However, as a number of platinum credit cards offer similar features, it’s best to compare your options before applying for a card.

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67 Responses

  1. Default Gravatar
    NeilNovember 7, 2017

    can i change my existing Bankwest Mastercard to a Bankwest More Platinum Mastercard without proof of income?

    • Default Gravatar
      DanielleNovember 7, 2017

      Hi Neil,

      Thank you for contacting finder. We are a comparison website and general information service, we’re more than happy to offer general advice.

      According to Bankwest’s representative, your current Bankwest card needs to have a limit of at least $6000 for them to be able to change the card. From there, all you need to do is contact them directly so that they can arrange it for you.

      I hope this helps.


  2. Default Gravatar
    ShaunSeptember 10, 2017

    Am I able to load money on these credits cards as well ?

    • Avatarfinder Customer Care
      RenchSeptember 10, 2017Staff

      Hi Shaun,

      Thanks for your inquiry. Please note that we are not affiliated with Bankwest or any company we feature on our site and so we can only offer you general advice.

      Unfortunately, you cannot load/deposit money to these credit cards. Bankwest will only provide a credit limit that you can use upon your approval.

      I suggest contacting Bankwest directly by clicking on the green ‘Go to Site’ button on this page.


  3. Default Gravatar
    johnOctober 19, 2016

    Can I get more details on the ‘complimentary travel insurance’ especially age limit and to what extent does it covers on health and emergency requirements expressed in terms of dollars. Does it covers international cruising?

    • Avatarfinder Customer Care
      JasonOctober 19, 2016Staff

      Hi John,

      Thank you for your inquiry.

      There is no age limit to be covered by Bankwest credit card complimentary travel insurance, although limits apply for pre-existing medical conditions. Please check out this link for more information about Bankwest Credit Card Complimentary Insurance. Alternatively, you can also contact Allianz on 1800 785 918 for insurance coverage specifics.


  4. Default Gravatar
    JimJune 28, 2016

    Can you please clarify the precise level of insurance coverage offered in respect of Rental cars. If purchase is made on the Platinum More card is the excess reduced to zero.

    • Avatarfinder Customer Care
      MayJuly 1, 2016Staff

      Hi Jim,

      Thanks for your question.

      In the Bankwest Complimentary Credit Card Insurance PDS, though it does not state that if the purchase is made on the Bankwest More Platinum credit card the excess will reduce to zero, it rather outlines the following about the rental vehicle insurance excess:

      – page 37. Limit of A$3,000 for Platinum MasterCards

      – page 49. Allianz Global Assistance will reimburse you for any insurance excess or deductible which you become legally liable to pay in respect of a claim under the rental vehicle insurance during the rental period provided you met the conditions stated in the PDS.

      For your reference, I’ve emailed you the PDS.

      I hope this has helped.


  5. Default Gravatar
    frankJanuary 5, 2016

    What airlines can reward points be used on?
    What is the exchange rate for BW points to KrisFlyer for example?

    • Avatarfinder Customer Care
      SallyJanuary 6, 2016Staff

      Hi Frank,

      Thanks for your question.

      You can’t directly transfer your Bankwest Rewards points to a specific airline. Instead, you can use your Bankwest Rewards to book flights through Webjet or redeem your points for gift vouchers with Virgin Australia, Accor and Flight Centre. Unfortunately, there aren’t any vouchers available for Singapore Airlines or KrisFlyer at the moment.

      I’ve emailed you a link to the Bankwest Rewards page so you can browse your options in further detail.

      I hope this has helped.



  6. Default Gravatar
    EileenNovember 20, 2015

    What does the travel insurance cover and who is it with , how much does it cover and who do we call when something goes wrong.

    • Avatarfinder Customer Care
      JonathanNovember 22, 2015Staff

      Hi Eileen, thanks for your inquiry!

      Allianz Global Assistance is the underwriter of this insurance policy with Bankwest. The emergency contact number is +61 7 3305 7499. You can find the full details of cover on this page.



  7. Default Gravatar
    JacobOctober 15, 2015

    Could you share more information about the redeem of reward points, e.g. how many reward points are needed to book a international flight in Webjet? Where can I find these information?

    • Avatarfinder Customer Care
      SallyOctober 16, 2015Staff

      Hi Jacob,

      Thanks for your question.

      The amount of points you’ll need for a flight will depend on where you’re travelling and the status of your flight.

      I’ve emailed you a link to Bankwest’s online rewards calculator for your perusal.

      I hope this has helped.



  8. Default Gravatar
    mdfer3September 15, 2015

    Can rewards points be obtained on international transactions?

    • Avatarfinder Customer Care
      JonathanSeptember 16, 2015Staff

      Hi mdfer3,

      Thanks for your inquiry.

      Yes, you can continue to earn Reward Points from eligible purchases made overseas. The same points earn rate will apply as when you are in Australia.

      For future references, you may also refer to the PDF file (page 6) that I sent to your email for the list of restrictions where earning Reward Points will not apply.

      I hope this has helped.



    • Default Gravatar
      mdfer3September 17, 2015

      Hi Jonathon,

      Thank you very much for the email and supplying the pdf.

      I have read through it and was hoping you could also provide clarification of what a foreign exchange purchase (pg6) is, as the pdf advises that these transaction will be except from earning points, thank you.

    • Avatarfinder Customer Care
      JonathanSeptember 17, 2015Staff

      Hi mdfer3, thanks for your response.

      Foreign exchange purchases are the act of buying foreign currencies.



  9. Default Gravatar
    CarolineApril 7, 2015

    How do I earn the 50,000 reward points for this Bankwest More Platinum MasterCard?

    • Avatarfinder Customer Care
      JonathanApril 8, 2015Staff

      Hi Caroline, thanks for your inquiry!

      To be eligible for this bonus points offer you need to spend at least $2,500 on eligible purchases within 3 months from account opening.



  10. Default Gravatar
    jamesMarch 30, 2015

    How many qantas frequent flyer points do i earn per dollar spent? Is there a cap and a expiry date on points?

    • Avatarfinder Customer Care
      JonathanMarch 30, 2015Staff

      Hi James, thanks for your inquiry!

      Unfortunately this card does not come with Qantas Frequent Flyers points earnings. Please see the following link for a list of Qantas Frequent Flyers credit cards.



    • Default Gravatar
      MartinApril 26, 2015

      If I was to use the Bankwest more Platinum MasterCard to pay utility bills etc will these also accumulate points? paying over the phone not using Bpay?

    • Avatarfinder Customer Care
      JonathanApril 28, 2015Staff

      Hi Martin, thanks for your inquiry!

      Unfortunately rewards points are not eligible with bill payments/ utility payments etc.



Credit Cards Comparison

Rates last updated May 25th, 2019
Name Product Purchase rate (p.a.) Balance transfer rate Annual fee Product Description
Citi Clear Platinum Credit Card
12.99% p.a.
0% p.a. for 14 months
$0 p.a. annual fee for the first year ($99 p.a. thereafter)
Offers a long-term balance transfer and $0 first year annual fee. Plus, insurance covers and Citibank Dining Program perks.
ME frank Credit Card
11.99% p.a.
$0 p.a.
Save money with an ongoing $0 annual fee, the same low 11.99% p.a. interest rate on purchases and cash advances, and up to 55 days interest free.
Virgin Australia Velocity Flyer Card - Annual Fee Offer
20.74% p.a.
0% p.a. for 18 months
$50 p.a.
Earn 20,000 bonus Velocity Points and save with an ongoing $50 p.a. annual fee. Plus, receive a $129 Virgin Australia Gift Voucher each year.
Latitude Low Rate Mastercard
11.99% p.a.
$69 p.a.
Offers a competitively low interest rate and annual fee, plus up to 55 interest-free days on purchases.

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