Bankwest Zero Mastercard

Last updated: 28 January 2020

Enjoy an onging $0 annual fee and up to 55 interest-free days on purchases with this no-frills Bankwest credit card.

The Bankwest Zero Mastercard offers straightforward features and includes an introductory balance transfer rate of 2.99% p.a. for the first 9 months (with no balance transfer fee).

It also gives you access to a digital version of your card and allows you to make mobile payments through Apple Pay, Google Pay and the Bankwest Halo ring.

2.99% p.a.

Balance transfer rate

for 9 months

17.99% p.a.

Purchase rate

$0 p.a.

Annual fee

55 days

Interest free period

Details

Product Name	Bankwest Zero Mastercard
Balance transfer rate	2.99% p.a. for 9 months
Balance Transfer Revert Rate	Balance Transfer Revert Rate (17.99%)
Balance Transfer Limit	95% of available balance
Purchase rate (p.a.)	17.99% p.a.
Annual fee	$0 p.a.
Interest free period	55 days
Cash advance rate (p.a.)	21.99% p.a.
Min credit limit	$1,000
Card type	Mastercard
Foreign currency conversion fee (Visa/Mastercard)	2.95%
Complimentary travel insurance	No

Minimum age	18 years of age
Available to temporary residents	Yes
Joint application	No

Pros

$0 annual fee for the life of the card
2.99% p.a. on balance transfers for 9 months

Cons

Charges a 2.95% foreign transaction fee

Annual fee	$0 p.a.
Minimum monthly repayment	2% of the closing balance or $20, whichever is greater
Late payment fee	$25
Foreign currency conversion fee (Visa/Mastercard)	2.95%
Cash Advance Fee	2% or $4, whichever is greater
Overseas cash advance fee	2% or $4, whichever is greater
Overseas ATM withdrawal fee	$0
Additional cardholder fee	$0
Number of Additional Cardholders	3

Expert review

Review by

Amy Bradney-George

amy.bradney-george@finder.com

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

The Bankwest Zero Mastercard is a no-frills credit card with a $0 annual fee that can help you save on credit card costs. If you’re paying off your current card and want to switch to this one, the 2.99% p.a. balance transfer rate for 9 months could save you some money on interest charges – although it’s not as competitive as the 0% interest rate other balance transfer cards offer.

Outside of any promotions, the Bankwest Zero Mastercard charges an interest rate of 17.99% p.a. for purchases. It also offers up to 55 days interest-free on purchases each statement period. There are also some handy tech-features, including a digital version of the card, compatibility with Google Pay, Apple Pay and the option to use this card with the Bankwest Halo ring, which you can buy separately for $39.

How to apply

If you've compared credit cards and decided on the Bankwest Zero Mastercard, you can apply online in around 15 minutes. Before you get started, make sure you meet the eligibility requirements and have all the relevant documents and details ready to go.

Eligibility criteria

New customer. Bankwest only allows customers to have one Zero Mastercard in their name. So if you already have a Bankwest Zero or Bankwest Zero Platinum, you may want to look at other no annual fee cards or call Bankwest on 13 17 19 to talk through your options.
Eligible balance transfer debt(s). If you're planning to transfer a balance to the Zero Mastercard, Bankwest allows you to transfer from $500 up to 95% of your credit limit from non-Bankwest cards issued in Australia.

Residency. You must be an Australian citizen or permanent resident in order to apply online.
Age. You must be at least 18 years old to have a credit card in Australia.

Required documents

Personal information. This includes your full name, email address, date of birth, driver's licence number, marital status, number of dependents and contact number.
Two forms of identification. If you're new to Bankwest, you'll need to verify your identity by providing details from at least two of the following forms of ID: your driver's licence, Medicare card and/or passport.
Balance transfer details. If you want to transfer a balance, you'll need to include your request on the application. This means you'll be asked to provide details of your existing debt and accounts.
Employment information. You'll need to provide your employment status, occupation, employer's name and contact details, as well as your salary. You will also need to show proof of income, such as payslips for the last 45 days or two recent Tax Assessment Notices (if you're self-employed).
Financial information. This covers any other forms of income and assets such as savings or shares. You also need to provide details of any debts and existing cards or loans, as well as estimates of your regular household expenses.

Card benefits

$0 annual fee. You can enjoy using this card without having to pay an annual fee. In comparison, other credit cards in Australia have annual fees that range from $25 to $500 (or more).
Balance transfer offer. If you're paying high interest rates on your existing credit card balance, you could benefit from a balance transfer rate of 2.99% p.a. for the first 9 months on this card. At the end of the introductory period, any remaining balance transfer debt will be charged interest at the standard balance transfer rate or 17.99% p.a.

Mobile payments. If you have a compatible Android or Apple device, you can add your Bankwest Zero Mastercard to the Google Pay or Apple Pay wallet and make payments directly from your phone (or other device).
Bankwest Halo wearable device. Bankwest Halo is a ring that allows you to make tap-and-go payments without ever pulling out your wallet. This handy, popular device is an optional extra that costs $39 and comes in a custom size so you can choose which finger to wear it on. It also offers the same security as other contactless payment options, doesn't need an app or charging and is waterproof. You can even choose between a black or white ring.
Free digital card. 24 hours after you've been approved, you can log into the Bankwest app to activate and start to use your card digitally before your physical card arrives in the mail.

Rates & fees

Purchase interest rate. This card charges an interest rate of 17.99% p.a. on purchases.
Interest-free days. This card offers up to 55 days interest-free on purchases, with the interest-free period starting at the beginning of each statement period.

Cash advances. If you use this card to withdraw cash, or for any other cash advance transaction, an interest rate of 21.99% p.a. will apply from the time of the transaction. You'll also pay a cash advance fee worth 2% of transaction amount or $4 (whichever is greater).
Foreign transaction fees. Transactions made or processed outside of Australia will be charged 2.95% of that amount. This includes spending overseas as well as shopping online from Australia or overseas with international merchants.

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85 Comments

Richard
January 16, 2015

I am so sorry about this I was redirected to this site was not knowing that this is not a Bankwest site.

Reply
- finder Customer Care
  
  Jonathan
  January 19, 2015
  
  Hi Richard,
  
  Thanks for your inquiry,
  
  We are an online comparison service and are not directly affiliated with Bankwest. If you are after the Bankwest site a ‘Go to Site’ option is available on the right hand side of the page.
  
  I hope this helps!
  
  Cheers,
  
  Jonathan
  
  Reply
Richard
January 16, 2015

Can you please let me know where is the branch that I can go to? I have made a effort to call the number to change my current credit card to a no fee credit card. after verifying all security question that I was redirected to someone else for further questions and inform me that I have to go to a branch to verify myself…

If you can accept on line applications without seeing the customers why do you need to see me after 13 years to verify myself to you?? I can not even close my account over the phone?? be charging the annual fees?

Further more where is a branch anyhow?? I am living in Brisbane??

Reply
- finder Customer Care
  
  Elizabeth
  January 16, 2015
  
  Hi Richard,
  
  Thanks for your question.
  
  You’ve come through to finder.com.au, as a comparison service we can’t really comment on Bankwest’s requirements for cancelling a credit card/swapping your credit card accounts. I’ve emailed you a link where you can find your nearest branch.
  
  I hope this will help.
  
  Thanks,
  
  Elizabeth
  
  Reply
Jim
February 27, 2014

Are there any fees for withdrawing cash in Australia and overseas?

Reply
- finder Customer Care
  
  Jacob
  February 27, 2014
  
  Hi, Jim.
  
  Bankwest do not currently charge a overseas ATM fee for balance checks and cash withdrawals. Local ATM operator fees will still apply. You may also be charged a cash advance fee is you’re drawing from your available credit.
  
  Thanks for your question.
  
  Reply
Phillip
January 15, 2014

Hi, I sent my bank statement by mail 7 days ago to verify my income, could check if you have received it.
Thanks, Phillip

Reply
- finder Customer Care
  
  Jacob
  January 15, 2014
  
  Hi, Phillip.
  
  You will need to contact the lender directly. You can find more information on this page.
  
  I hope this helps.
  
  Reply
Phillip
January 8, 2014

Hi, my Master card application has been successful,

Bankwest are asking me for verification two most recent pay slips! but I don`t work I am retired I have age pension goes direct to my bank account.

Can you help me with this dispute?

Thanks.

Reply
- finder Customer Care
  
  Jacob
  January 8, 2014
  
  Hi, Phillip.
  
  Thanks for your question.
  
  If you are unable to provide pay slips, you can fax in the last three months worth of your bank statements. You can send via fax to this number: 1300 765 515.
  
  I hope this helps.
  
  Reply
Louis
December 7, 2013

Any information on the income requirements for the Bankwest Zero Gold and Platinum MasterCard?

Reply
- finder Customer Care
  
  Jacob
  December 9, 2013
  
  Hi Louis.
  
  If there is no minimum income requirement listed for a particular product, you will be assessed on your ability to service the minimum credit limit.
  
  Thanks for your question.
  
  Reply
Ashish
August 14, 2013

Just wondering this offer is not showing on Bankwest website.Is this still a legit offer from the bank .Hope there is no compromise on my information.

thanks .

Ash

Reply
- finder Customer Care
  
  Jacob
  August 14, 2013
  
  Hi Ash.
  
  This is an exclusive offer to finder.com.au. If you would like to confirm the offer, please click through to the application page to check the terms. The fist page of the application will list the balance transfer promotional rate as well as any other promotions. I hope this has helped.
  
  Thanks for your question.
  
  Jacob.
  
  Reply
Dave
August 6, 2013

Could u please tell me if there is any fee on balance transfer, during balance transfer period like 9 months does 55 day interest fee period still apply?can application for a bank west card be approved within 2 weeks or so as when I get the credit card bill 2 weeks before due date (if balance transfer cannot be settled before due date, I will have to pay interest on amount owing to my bank.
During the 9 months of balance transfer, how many % do I have to repay? What is the annual income to qualify for the $0 annual fee,0% balance transfer for 9 months Bank west zero mastercard? Any establishment fee involved?
Please email me those answer. Thanks

Reply
- finder Customer Care
  
  Shirley
  August 6, 2013
  
  Hi Dave,
  
  Thanks for your comment.
  
  I’ve emailed you regarding your query.
  
  Cheers,
  Shirley
  
  Reply
Henry
July 29, 2013

Hi,

I’m an existing Bankwest customer.

What is the balance transfer rate for existing customer?

Thanks,

Henry

Reply
- finder Customer Care
  
  Jacob
  July 29, 2013
  
  Hi Henry. Thanks for your question. Please contact Bankwest directly for this information. Jacob.
  
  Reply
Tina
June 12, 2013

Hi Jacob, please disregard this query about not seeing your reply dated 3 June as I had internet issues and did see your original reply. Apologies for my oversight. Thanks for your assistance and reply. Tina

Reply

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