Bankwest

Bankwest offers a range of personal credit cards suited to different financial needs and spending habits. Below is a breakdown of the key types available, including some features to consider when comparing your options.

• Balance transfer credit cards: Bankwest provides balance transfer cards that allow you to consolidate your existing credit card debt onto a new card with a lower interest rate, helping you save on interest payments.
• Low interest rate credit cards: If you are looking to minimise interest costs, a low interest credit card from Bankwest may be a suitable option for you.
• Frequent flyer credit cards: Bankwest’s frequent flyer cards are linked to the Qantas Frequent Flyer program, allowing you to earn Qantas Points on everyday spending. Options include the Bankwest Qantas Platinum and Bankwest Qantas World Mastercard, which may also offer free travel insurance and no foreign transaction fees.
• Business credit cards: As of 1 June 2022, Bankwest no longer offers new business credit cards directly. Business customers are now directed to Commonwealth Bank (CommBank) for credit card products. Previously offered cards included features such as additional cards for employees, interest-free days, and expense tracking.
• No annual fee credit cards: Bankwest offers credit cards with no annual fee. These cards may suit budget-conscious cardholders who don’t want to pay an ongoing yearly fee. Some also come with extra features, such as no foreign transaction fees on the Platinum version.
• Rewards credit cards: With a Bankwest rewards credit card, you can earn points on eligible purchases through the Bankwest More Rewards program. Points can be redeemed for a range of rewards, including flights, gift cards, and merchandise. Certain rewards cards may come along with free airport lounge access or Priority Pass.

When you choose a Bankwest credit card, you can enjoy a range of benefits that enhance your overall banking experience. Some common advantages include:

• Digital card access: Start using your credit card account as soon as it’s approved, without waiting for the physical card to arrive. Your digital card is available through the Bankwest app, where you can view your card details and make purchases.
• Complimentary overseas travel insurance: Available on eligible Bankwest Platinum and World Mastercards. Cover may extend to your spouse and children if they meet the eligibility criteria.
• No foreign transaction fees: Bankwest Platinum and World credit cards offer 0% international transaction fees. This feature can help you save around 2–3% on overseas and online purchases compared to cards that charge foreign transaction fees.
• Temporary card lock: Lock your credit card temporarily if it’s lost or you want to pause transactions for any reason. You can do this via the Bankwest app, online banking, or by calling Bankwest on 13 17 19.
• Worldwide emergency card replacement: If you’re overseas and your card is lost, stolen or damaged, you can request a replacement via the Bankwest app or by contacting Mastercard on +1 636 722 7111.

While the specific eligibility requirements may vary depending on the type of Bankwest credit card you are applying for, here are some general criteria that applicants typically need to meet when applying for a Bankwest credit card:

• Age: Applicants must typically be at least 18 years old to apply for a credit card.
• Income: Most credit cards have a minimum income requirement that applicants need to meet to be eligible for the card.
• Credit history: Bankwest will assess your credit history as part of the application process to determine your creditworthiness.

It's important to review the specific eligibility criteria for the particular Bankwest credit card you are interested in to ensure you meet all the requirements before applying.

The application process is straightforward if you want a Bankwest credit card. Here's a general overview of what to expect:

1. Select a card: Choose the Bankwest credit card that best suits your financial needs and preferences.
2. Check eligibility: Review the eligibility criteria for the selected card to ensure you meet the requirements.
3. Gather documents: Prepare the necessary documents, such as proof of income, identification, and residency documents.
4. Submit application: Complete the online application form and submit it along with the required documents.
5. Wait for approval: Bankwest will review your application and credit history before approving or declining your application.
6. Receive card: If approved, you will receive your Bankwest credit card in the mail, typically within a few business days.

You will be able to add your new Bankwest card to Apple Pay or Samsung Pay on your mobile phone before the physical card arrives.

If you are looking to research and compare cards with similar features, here are 5 similar credit cards to Bankwest credit cards:

• Bank of Melbourne credit cards
• ING credit cards
• MONEYME credit cards
• Virgin Money credit cards
• Westpac credit cards