Bankwest Zero Mastercard

On Bankwest's website

Bankwest Zero Mastercard

Balance transfer

28 months at 0% p.a.

Purchase rate

14.99% p.a. ongoing

Interest-free days

55 days

Annual fee

$0.00 p.a. ongoing

Highlights

  • Avoid annual fees for the duration of card ownership.
  • 0% p.a. for 28 months on transferred balances (with a 3% balance transfer fee). Returns to 14.99% p.a. thereafter.
  • Enjoy up to 55 days interest-free on purchases.
  • Offer exclusive to new customers for a limited time. Additional fees and charges, as well as terms and conditions, apply.

Pros and cons

Pros

  • There is no annual fee for as long as you keep the card.
  • The current balance transfer offer is extremely competitive.
  • Interest on purchases is comparatively low.

Cons

  • Balance transfers incur a one-off fee.
  • You cannot earn credit card points.

About this credit card

Basics

Card usage

Apple Pay Enabled
Yes
Card Type
Mastercard
Gambling Transactions Allowed
Yes
Samsung Pay Enabled
Yes

Eligibility

Joint Application Accepted
No
Minimum Age
18 years
Minimum Credit Rating
Below Average, Fair, Good, Very Good, Excellent
Minimum Income
N/A
Temporary Residents Accepted
No

Additional cardholders

Additional Cardholders
3
Additional Card Fee Ongoing
$0.00

Credit limits

Minimum Credit Limit
$1,000.00
Maximum Credit Limit
N/A

Repayments

Interest Charged From
Purchase date
Interest Free Period
Up to 55 days on purchases
Minimum Repayment Percentage
2%

Balance transfers

Balance transfer offer

Balance Transfer Rate
0%
Balance Transfer Period
28 months
Balance Transfer Fee Percentage
3%

Balance transfer conditions

Balance Transfer From Personal Loan
No
Balance Transfer Limit Percentage
95%
Balance Transfer Revert Rate
14.99%

Rates, fees, charges

Cash advances

Cash Advance Rate
21.99% p.a.
Cash Advance Fee
$4.00
Cash Advance Fee Percentage
3%
Cash Advance Fee Threshold
N/A

Purchases

Purchase Rate Introductory Offer
N/A
Purchase Rate Introductory Period
N/A
Purchase Rate Ongoing
14.99% p.a.

Account fees

Annual Fee Initial Year
N/A
Annual Fee Ongoing
$0.00
Dishonour Fee
$0.00
Duplicate Statement Fee
$2.50
Foreign Exchange Fee Percentage
2.95%
Late Payment Fee
$25.00

Rewards

Rewards program basics

Rewards Program
N/A
Rewards Program Annual Fee Initial Year
N/A
Rewards Points Expiry
N/A

Rewards points per $1 spent

Domestic Rewards Points Earn Rate
N/A
Government Rewards Points Earn Rate
N/A
Overseas Rewards Points Earn Rate
N/A

Additional perks

Insurance

Cardholder's Domestic Hotel Burglary Insurance
No
Cardholder's Extended Warranty Insurance
No
Cardholder's International Travel Insurance
No
Cardholder's Interstate Flight Inconvenience
No
Cardholder's Personal Item Theft Cover
No
Cardholder's Price Protection Insurance
No
Cardholder's Purchase Protection Insurance
No
Cardholder's Refund Protection
No
Cardholder's Transport Accident Insurance
No

Travel and lifestyle

Airport Lounge Access Included
No
Concierge Service Included
No
Complimentary Flight Voucher Included
No
Complimentary QFF Membership Included
No

Our review

Convenience

Customer service

Rates and fees

Rewards

Trust

The basics

  • Additional cardholders. It's possible to add up to 3 additional cardholders for free. The account holder is responsible for payments and general account maintenance.
  • Digital wallets. The Bankwest Zero Mastercard works with major digital wallets including Apple Pay, Google Pay, and Samsung Pay.
  • Gambling transactions. Gambling transactions are permitted, but they will be treated as cash advance.

Rewards and benefits

  • Complimentary travel insurance. This card also does not come with any complimentary domestic or international travel insurance. Cardholders get extended warranty insurance protection and fraud protection insurance as standard.
  • Concierge services. Cardholders will not have access to a concierge service.
  • Lounge access. There is no airport lounge access with this card.
  • Rewards points. The Bankwest Zero Mastercard does not have a rewards program.

Rates and fees

  • Annual fee. This card's ongoing annual fee is $0 — as low as you can get.
  • Balance transfers. Utilizing the 28-month zero-interest period is a compelling deal. However, keep in mind that there is a 3% fee for balance transfers. If any transferred balance remains unpaid after the introductory period, it will be subject to the purchase rate of 14.99% per annum.
  • Cash advances. Purchases classified as cash advances will incur interest at the rate of 21.99% p.a. plus a cash advance fee of 3% (or $4 whichever is greater) of the amount you borrow. Interest on cash advances is charged from the date of the transaction.
  • Foreign exchange fee. Any foreign currency transactions made with this card either overseas or with an online store will attract a 2.95% fee.
  • Interest-free period. Pay no interest for 55 days when you pay off your credit card bill in full and on time, helping to improve your cash flow between paydays.
  • Purchases. There is no introductory offer on purchases. Any purchase made with this card will attract interest at the standard rate of 14.99% p.a. until repaid.
  • Sign-up bonus. Bankwest does not offer any welcome bonus points for signing up for this card.

account

Reviewed by Credit Card Compare Staff

History

    User reviews

    Convenience

    Customer service

    Rates and fees

    Rewards

    Trust

    Generally pleased with this card

    Reviewed by Julie


    Consistency

    Reviewed by Kate


    Good credit card for basic use

    Reviewed by Hayley


    Basic no frills credit card

    Reviewed by Sara


    Pretty happy overall

    Reviewed by Alira


    Competitive interest rate makes up for no rewards

    Reviewed by Trish


    Excessive security

    Reviewed by Sarah


    Cheap card, no hidden fees

    Reviewed by Darren


    It's handy, with minimal fees

    Reviewed by Peter


    Locked interest rate

    Reviewed by Haley


    I haven't saved a lot with this card

    Reviewed by Justin


    No frills - just what I want

    Reviewed by Mel


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