Bankwest Qantas World Mastercard

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Enjoy 0% foreign transaction fees on online and overseas purchases.

This premium frequent flyer credit card gives you access to competitive benefits including complimentary overseas travel insurance, uncapped Qantas Points per $1 spent and no foreign transaction fees.

20.49% p.a.

Purchase rate

1

Reward point

Per $ spent (Visa/Mastercard)

$270 p.a.

Annual fee

44 days

Interest free period

Details

Product NameBankwest Qantas World Mastercard
Rewards ProgramQantas Frequent Flyer
Balance transfer rate2.99% p.a. for 9 months
Balance Transfer Revert RateBalance Transfer Revert Rate (20.49%)
Balance Transfer Limit95% of available balance
Purchase rate (p.a.)20.49% p.a.
Annual fee$270 p.a.
Interest Free Period44 days
Cash Advance Rate21.99% p.a.
Minimum Credit Limit$12,000
Card TypeMastercard
Foreign Currency Conversion Fee (Visa/Mastercard)0%
Complimentary Travel InsuranceYes
Minimum Age18 years of age
Available to Temporary ResidentsYes
Joint ApplicationNo

Pros

  • 0% foreign transaction fees on online and overseas purchases
  • Enjoy a 2.99% p.a. for 9 months balance transfer offer.
  • Complimentary insurance and purchase protection benefits

Cons

  • Black-tier Qantas card that does not offer lounge passes
Rewards ProgramQantas Frequent Flyer
Rewards Points per $ spent (Visa/Mastercard)1
Rewards Points per $ Cap (Visa/Mastercard)Uncapped
Annual fee$270 p.a.
Minimum Monthly Repayment2% of the closing balance or $20, whichever is greater
Late Payment Fee$25
Foreign Currency Conversion Fee (Visa/Mastercard)0%
Cash Advance Fee2% or $4, whichever is greater
Overseas Cash Advance Fee2% or $4, whichever is greater
Overseas ATM Withdrawal Fee$0
Additional Cardholder Fee$0
Number of Additional Cardholders3

Expert review

Amy Bradney-George

Review by


Amy is an editor and writer at finder.com.au with more than 10 years experience covering credit cards, personal finance and various lifestyle topics. When she’s not sharing her knowledge on money matters, Amy spends her time as an actress.

Expert review

With an earn rate of 1 Qantas Point per $1 spent up to $5,000 per month, and 0.5 points / $1 spent thereafter, the Bankwest Qantas World Mastercard is competitive. Its 0% foreign transaction fee is rare among frequent flyer credit cards, with most other options charging around 3% per transaction made with an overseas retailer.

How to apply

You can apply for the Bankwest Qantas World Mastercard online in a few minutes. Before you apply, make sure you meet the following eligibility criteria and have all your supporting documentation handy.

Eligibility criteria

  • Eligible balance transfer. If you plan to take advantage of the balance transfer offer, you can transfer from $500 up to 95% of your credit limit from cards not issued by Bankwest.
  • Residency. You must be a permanent Australian resident with a valid address in order to apply online. You must also be able to prove your residency in order to be eligible for this credit card.

Card benefits

  • 0% foreign transaction fees on overseas and online purchases. You can use the Bankwest Qantas World Mastercard for foreign currency transactions online and overseas and you won't be charged a foreign transaction fee.
  • Uncapped Qantas Points. Earn 1 point per $1 spent on eligible purchases up to $5,000 per month, 0.5 points per $1 spent thereafter. Eligible transactions include spending on groceries, petrol, dining, travel and most everyday purchases. Transactions that don't earn points include balance transfers, cash advances, BPAY payments, government charges and business-related transactions.

Rates & fees

  • Annual fee. This card charges a standard annual fee of $270.
  • Interest rates. The Bankwest Qantas World Mastercard has a standard purchase rate of 20.49% p.a. and a cash advance rate of 21.99% p.a.

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6 Comments

  1. Default Gravatar
    Jennifer
    July 19, 2019

    Does the Bankwest world MasterCard still have loungekey access?

    • AvatarStaff
      Jeni
      July 20, 2019

      Hi Jennifer,

      Thank you for getting in touch with Finder.

      This card doesn’t have loungekey access but the Bankwest More World Mastercard has. With the Bankwest More World Mastercard you may enjoy 10 complimentary airport lounge visits each calendar year.

      You may have lounge access if you are a Qantas Club member. As a Qantas Club member you need to book a Qantas (QF) flight number to access Qantas and partner lounges when travelling in Economy on our partner airlines including Emirates.

      I hope this helps.

      Thank you and have a wonderful day!

      Cheers,
      Jeni

  2. Default Gravatar
    Catherine
    April 18, 2018

    What would be the minimum income requirement be for the Bankwest Qantas World MasterCard be?

    • AvatarStaff
      May
      April 18, 2018

      Hi Catherine,

      Thanks fo your inquiry. I’m afraid that Bankwest has not disclosed their income requirements for this card, though you can contact the bank to confirm. Please note though that banks vary in terms of setting their eligibility requirements depending on the type of credit card.

      Cheers,
      May

  3. Default Gravatar
    Kate
    March 12, 2015

    I have been a customer of bank west for a few years.. although do not have a credit card with you

    I am interested in the black Qantas world card but read it is by invite only…

    How do I get invited?

    • AvatarStaff
      Jonathan
      March 12, 2015

      Hi Kate, thanks for your inquiry!

      Unfortunately since this program is an invite-only the criteria which Bankwest undertake to select members has not been disclosed. It would be best to contact Bankwest directly in regards to this inquiry and make a formal request to join this program.

      I hope this helps.

      Cheers,

      Jonathan

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