Credit Card Compare

Bankwest More Platinum Mastercard

5 reviews
Data last updated 20 July 2026
14.99%
Purchase rate
$160
Annual fee
50,000
Bonus points

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Bankwest More Platinum Mastercard card
60 second approval
You may have seen us in
The Sydney Morning HeraldNews.com.auYahoo! FinanceDaily Mail Australia

CardIQ

56Good

Good

Overall score, out of 100 · How this works

  • Balance transfer56
  • Low rate43
  • No foreign fee71
  • Rewards52
  • Sign-up bonus47
  • Travel70

Customer reviews

3.3

Based on 5 reviews

Opinion was divided on the interest rate, rewards and customer service.

IRecommends

Is it really worth it?

The points also expire now, and it will probably take a year or two to accumulate enough points to get something that is actually rewarding.

DarrenRecommends

Great for extra insurance

Able to use the card anywhere and if you start on the gold and get an upgrade you only pay the gold card fees, win win. Great for insurance when you purchase white goods and for holiday insurance when you pay using the card. All in all a good product with reasonable fees.

KerriRecommends

Bankwest appears to be the best

Customer service is excellent and provide easy to understand advice. Variety of accounts and services to suit all sorts of needs of the consumer. I have not had any issues with the bank or their services. Available in all major cities. Rates seem to be very competitive with…

Sfaws13Recommends

Great card if you pay on time mostly

It is a MasterCard, so moving from an American Express card this was going to be good. The rewards points are decent, customer service is great and the online portal is the friendliest to use (I have used all 4 top banks). The interest free days match industry standard. You get…

LindaDoesn't recommend

Rates too high and no incentive or bonus

Not happy at all. The interest rate is too high. I get no incentives. I’ve had no other offers given to me. I don’t like my card. I’ve had no special deals from the bank. I have just about paid it off except for $100.

Pros & cons

What's good

  • 50,000 bonus points to start, worth around $300 at our 0.6c-per-point valuation.
  • 6 months at 0% p.a. on balance transfers, shorter than the 12-month median (1% transfer fee, reverts to 14.99% p.a.).
  • The 14.99% p.a. purchase rate is below the 18.99% p.a. market median.
  • Earns cashback on eligible spending.
  • No foreign transaction fee on overseas or online spending.

Worth noting

  • Points earning is capped at 400,000 points a year.
  • Up to 44 interest-free days on purchases (below the 55-day median).

Card details

The basics

Additional cardholder fee
$0 p.a.
Card tier
Platinum
Card type
Mastercard
Card use
Personal
Credit limit
$6,000 – $100,000
Credit rating
Good
Rewards program
Bankwest More Rewards Program

Eligibility

Instant approval
Yes (response in ~60 seconds)
Joint application
No
Minimum age
18 years old
Minimum income
Not specified
Residency
Australian citizen or permanent resident
Temporary residents
Not eligible

Rates & fees

Ongoing interest rates

Cash advances
21.99% p.a.
Purchases
14.99% p.a.

Fees

Additional cardholder fee
$0
Annual fee
$160 p.a.
Cash advance fee
3% of the amount
Foreign transaction fee
0%
Late payment fee
$25

Repayments

Interest-free period
Up to 44 days on purchases
Minimum repayment
2% of the closing balance or $20, whichever is greater

Balance transfers

Can't transfer from
Bankwest, Commonwealth Bank
Limit
Up to your available credit limit
Period
6 months
Promotional rate
0% p.a.
Revert rate
14.99% p.a.
Transfer fee
1%

While you carry a transferred balance you may not receive interest-free days on new purchases.

Introductory purchase offer

This card has no introductory purchase rate offer. If you're carrying a balance or planning a big spend, compare 0% purchase cards.

Rewards

Earn rate

Everyday spend
2 pts per $1
Bonus categories
None
Other purchases
None
Overseas spend
None
ATO/government
None
Reduced rate above monthly cap
None
Points cap
Maximum 400,000 points per year
Points expiry
Points don't expire while your account is open and in order.

Sign-up bonus

Bonus spend required
—
Sign-up bonus
50,000 points

Where this card sits vs similar cards

Compared with every other personal credit card we list that has the feature. The further right the dot, the better this card does.

Overseas feeNo feeTied for best (1st of 200 cards)
Rewards value$432 a yearTop 25% (13th of 95 cards)
Purchase rate14.99%Middle of the market (80th of 196 cards)
Annual fee$160 a yearNot as good as most cards (137th of 200 cards)
Interest-free days44 daysNot as good as most cards (141st of 192 cards)
Balance transfer0% for 6 monthsNot as good as most cards (47th of 61 cards)
Sign-up bonus$300Not as good as most cards (49th of 59 cards)

Data as at August 2026. Rates change often, so check the issuer's terms. Factual information, not a recommendation.

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Questions and answers

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Sources

Credit Card Compare
Australian credit card statisticsHow CardIQ scores cards
Government
Product reference data (Consumer Data Right)
Issuer
Bankwest