
Get exclusive money-saving offers and guides
Straight to your inbox
Winner of the 2020 Finder Award for Best Credit Card for Travellers, the Bankwest Zero Platinum gives you a few ways to save on card costs – including 0% foreign transaction fees and no annual fee for life. Right now, it also offers 0% p.a. on balance transfers for 34 months with a one-off 2% balance transfer fee. To give you an idea of the potential cost, a $5,000 balance transfer would attract a $100 balance transfer fee with this offer.
0% p.a.
Balance transfer rate
for 34 months with 2% balance transfer fee
14.99% p.a.
Purchase rate
$0 p.a.
Annual fee
55 days
Interest free period
We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!
Product Name | Bankwest Zero Platinum Mastercard |
---|---|
Balance transfer rate p.a. | 0% for 34 months with 2% balance transfer fee |
Balance transfer revert rate | Balance Transfer Revert Rate (14.99%) |
Balance transfer limit | 95% of available limit |
Purchase rate p.a. | 14.99% |
Annual fee | $0 |
Interest-free period | Up to 55 days on purchases |
Cash advance rate | 21.99% p.a. |
Min credit limit | $6,000 |
Card type | Mastercard |
Foreign currency conversion fee | 0% |
Available to temporary residents | Yes - Conditions apply |
---|---|
Joint application | No |
Bonus points | N/A |
---|
Annual fee | $0 |
---|---|
Minimum monthly repayment | 2% of the closing balance or $20, whichever is greater |
Late payment fee | $25 |
Foreign currency conversion fee | 0% |
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 |
Review by
Amy has been writing about personal finance for more than 13 years – including over 600 articles as a senior writer for Finder. She is also the editorial lead for Finder Green, covering sustainability across different industries. Her work has appeared in publications including Money Magazine, The Sydney Morning Herald, Financy, ABC News Australia and Equity Magazine. Amy also has a Bachelor of Arts in Journalism and Drama from Griffith University.
October 26, 2019
If we are booking and paying for travel on a standby basis (airline employee) on this credit card – does the travel insurance still apply?
October 27, 2019
Hi Renee,
Thanks for getting in touch with Finder. I hope all is well with you. 😃
The answer to your question is yes as long as you use the Bankwest Zero Platinum to pay for at least $500 of your prepaid travel costs. If you need to confirm, you may also get in touch with the customer support of Bankwest.
I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.
Have a wonderful day!
Cheers,
Joshua
October 17, 2019
Hi,
In regards to the Bankwest Zero Platinum credit card travel insurance, it states that you are eligible for up to 6 months of travel insurance. However, if I plan to buy flights in November for travel in August and September how does that work as there is more than 6 months between purchase date and travel date? Also once you have made a purchase, will you automatically be given a certificate of insurance or do you have to apply for one?
Thank you.
October 19, 2019
Hi Sal,
Thank you for getting in touch with Finder.
Please note that when you meet the eligibility requirements for the Bankwest complimentary travel insurance, your cover will start from the date of departure that’s listed on your return travel ticket and ends when you get home or the cover period finishes. It doesn’t start from the date you purchase your flight. Cover-More underwrites their complimentary travel insurance. You may reach them out if you need clarification on this matter.
I hope this helps.
Thank you and have a wonderful day!
Cheers,
Jeni
September 25, 2019
Due to the change of my priority. I stopped to work in June, 2019. I am now is carer for my mum. I currently receive $1058.50 fortnightly. Am I eligible to apply for Bankwest Zero Platinum Mastercard? I can provide the tax summary for this year and bank statement if require. Thanks!
September 26, 2019
Hi Thi Tran,
Thanks for getting in touch! It’s great to hear you decided to be a carer for your mom. As mentioned in the eligibility criteria of the card found above, you would need to submit the details of your income, expenses, debts, and assets. The final decision will come from Bankwest so make sure to check the eligibility requirements of the card before proceeding with your application. Also, read about its features and benefits and see how it fits your financial needs. Additionally, it’s helpful to review the PDS and Terms & Conditions of the card before fully committing to the card. You may also reach out to the bank if you have any clarifications.
Hope this helps!
Best,
Nikki
September 12, 2019
1. Does the travel insurance include cruises? The link you gave in other questions doesn’t say.
2. How do you find Bankwest ATMs overseas? Are they common or rare?
September 13, 2019
Hi TravellerP,
Thank you for getting in touch with Finder.
If cruising is part of your international trip, yes, it is included. Bankwest complimentary travel insurance is underwritten by Cover-More. You can check our review page to know what insurances you are covered under.
I’m afraid that looking for a Bankwest ATM overseas would be a challenge since Bankwest is an Australian bank. Since your Bankwest card has a Mastercard logo, you can use your card in over 43 million locations worldwide where Mastercard is accepted.
I hope this helps.
Thank you and have a wonderful day!
Cheers,
Jeni
September 4, 2019
Supplementary qn to one above about loading the card up with your own money so that you can withdraw cash without the cash advance fee. The fee quoted for this is $4 (as opposed to a withdrawal from the credit limit which is the greater of $4 or 2% of the transaction).
Does this mean that the fee for cash withdrawals using your own funds is a flat $4 regardless of the size of the withdfrawal?
September 5, 2019
Hi Craig,
Thanks for getting in touch! It’s helpful to know that withdrawing funds that you deposit as an overpayment towards your credit card account doesn’t and will not incur any fees. This means, when you withdraw locally or overseas in a Bankwest ATM, you will not be charged. Otherwise, withdrawing from other ATMs other than Bankwest will incur ATM withdrawal fee or overseas ATM withdrawal fee and the charge/s is dependent on the other bank’s fees.
Hope this clarifies!
Best,
Nikki