Bankwest - Zero Platinum Mastercard
The Bankwest Zero Platinum Mastercard has an annual fee of $0 and a purchase interest rate of 18.99% p.a. There is also up to 55 days interest-free on purchases. The balance transfer rate is 18.99% p.a. For new cardholders, the balance transfer rate will be 0% p.a. for the initial 6 months. There is also a minimum credit limit of $6,000.
An annual charge of $0.
Annual Fee
$0 per year
Balance Transfer
0% for 6 months reverts to 18.99% p.a.
3% BT fee applies.
3% BT fee applies.
Purchase Rate
0% for 6 months reverts to 18.99% p.a.
Interest Free Period
up to 55 days
Details
Card Type
Mastercard
Minimum Repayment
2% or $20
per statement, whichever is greater
Interest Free Period
up to 55
days
Minimum Credit Limit
$6,000
Fees
Annual Fee
$0
per year
Late Payment Fee
$25
per statement
Cash Advance Fee
3% or $4
per transaction, whichever is greater
Additional Card Holder Fee
$0
Additional Card Holder Cap
up to 3
additional holders
Rates
Purchase Rate
0% for 6 months
reverts to 18.99% p.a.
Cash Advance Rate
21.99% p.a.
Balance Transfer
Balance Transfer
0% for 6 months
reverts to 18.99% p.a.
3% BT fee applies.
3% BT fee applies.
Balance Transfer Limit
95%
of credit limit
Balance Transfer Fee
3%
per transaction
Overseas Spending
Foreign Currency Conversion Fee
0%
per transaction
Eligibility
Minimum Age
18
years old
Temporary Residents
No
Perks
Complimentary Travel Insurance
No
Airport Lounge Access
No
Who is the product designed for?
These customers are likely to have the following objectives, needs, financial situation and must meet the eligibility criteria for this product:
Objectives and Needs
- Require a revolving credit facility with a convenient way to make payments and access cash by using the card attached to the facility
- No annual fee
- Waiving of foreign transaction fees
- Access to interest free days
- Access to promotional offers
Financial Situation
- meet Bankwest's credit assessment criteria which includes demonstrating the capacity to make the required
repayments without substantial hardship - choose a credit limit typically above $6,000
- will pay a higher interest rate when required under the card contract (compared to some other Bankwest credit cards).
Eligibility Criteria
- be an individual 18 years or older
- be living in Australia as an Australian citizen or Australian permanent resident (exceptions may apply)
- meet Bankwest's credit assessment criteria which includes demonstrating the capacity to service the credit facility
Visit Bankwest to view Target Market Determination Effective From: 2024-09-27.
Australia - © 2023 Fair Comparison Pty Ltd
Savrr.com is a trading name of Fair Comparison Pty Ltd. The 'compare' pages of this website are provided by Fair Comparison Pty Ltd (ABN 48 647 552 958, credit representative number 530417) as a credit representative of QED Credit Services Pty Ltd (Australian Credit Licence 387856) to compare a range of credit card, home loan, personal loan, and car loan products. Fair Comparison Pty Ltd may receive a fee if users click through, apply and/or successfully acquire a loan or credit card product from or through a product provider.
Fair Comparison provides information relating to credit products offered by banks and other credit providers. We are not providers of loan, credit, or any other financial products. While we aim to provide information about a variety of products, we do not provide information about all products or product features available to consumers - there may be alternative options available elsewhere. We do not recommend or assist you to apply for specific products. Should you choose to apply for a product which is listed, you will deal directly with the provider of the product or its broker/representative. We aim to provide useful and up to date information, but you should always carefully check product information with the product provider prior to applying for or taking out a credit product. If you are unsure, you should seek clarification from the product provider or independent financial advice.
Global - © 2023 Fair Comparison Ltd
Savrr.com is a trading name of Fair Comparison Ltd. The ‘compare’ pages of this website are provided by Fair Comparison Ltd to compare a range of online trading platforms and products. Fair Comparison Ltd may receive a fee if users click through, apply and/or successfully apply for an online trading account or product.
Fair Comparison provides information relating to online trading platforms. We are not providers of loan, credit, or any other financial products nor are we an investment broker. While we aim to provide information about a variety of platforms or products, we do not provide information about all platforms or products available to consumers - there may be alternative options available elsewhere. We do not recommend or assist you to apply for specific platforms or products. Should you choose to apply for a platform or product which is listed, you will deal directly with the platform or its broker/representative. We aim to provide useful and up-to-date information, but you should always carefully check information with the platform provider prior to opening an account or making a financial decision. If you are unsure, you should seek clarification from the platform or independent financial advice.