Bankwest
Earn up to 130,000 bonus points with the Platinum Mastercard, no foreign fees, and complimentary travel insurance. Min $6,000 credit, $160 annual fee.
The Bankwest More Rewards Platinum Mastercard offers one of the most attractive bonus points deals in Australia. New cardholders can earn up to 130,000 bonus points—enough for up to $290 cashback. The standard purchase interest rate is 19.99% p.a., and with a minimum credit limit of $6,000, this card targets those looking for generous rewards. The annual fee is $160, positioned fairly among competing premium cards. No foreign transaction fees and complimentary overseas travel insurance sweeten the package, making it an appealing choice for frequent travellers and online shoppers.
How to Apply: Step by Step
Applying for the Bankwest More Rewards Platinum Mastercard is straightforward. You must be over 18, an Australian resident, and not currently hold another Bankwest More Mastercard.
The process starts online, where you’ll provide personal details and financial information. Prepare your ID, employment info, and financials for a smooth application.
After submitting your documents, Bankwest will review your eligibility. Approval generally takes a few business days.
Once approved, you can start using your card immediately with digital wallet integration.
Key Advantages
The headline bonus points can be redeemed for digital gift cards or cashback, giving you real everyday value on your spending.
No foreign transaction fees help you save significantly when shopping overseas or online from international retailers.
Complimentary overseas travel insurance adds extra peace of mind for globetrotters, making this card stand out in its segment.
Potential Drawbacks
The annual fee, at $160, is higher than entry-level cards. You’ll also need to meet a minimum spend of $5,000 in your first 90 days to snag the full bonus.
The interest rate for purchases and balance transfers after the intro period is 19.99% p.a., which is above average. If you don’t pay your balance in full, interest could add up quickly.
Our Verdict
The Bankwest More Rewards Platinum Mastercard is an excellent fit for those after top-level points, strong travel perks, and solid everyday benefits—provided you can meet the minimum spend and clear your balance each month. It’s well suited for frequent spenders and savvy points collectors who want maximum value with a reliable Australian lender.
