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Qantas Transaction Account

  • 2024 Award Winner
  • Rewards
  • App banking
  • Online banking
  • MasterCard debit card
Rewards

Earn Qantas Points on balances, withdrawals and transactions for balances up to $50,000.

Earn 0.3 points per $100 in your account each day, 3 points per eligible purchase and 5 points each time you withdraw cash

Monthly fee

$6*

Maximum interest rate

0.01%

Qantas Transaction Account

  • 2024 Award Winner
  • Rewards
  • App banking
  • Online banking
  • MasterCard debit card

Monthly fee

$6*

Maximum interest rate

0.01%

Pros and Cons

For Qantas Transaction Account

Benefits

  • Earns Qantas Points on the money in your account and while you do your everyday banking
  • All standard Debit Mastercard holders are updgraded to Platinum, removing our foreign transaction and overseas ATM fees.
  • App banking available
  • Google Pay, Apple Pay, Samsung Pay, Fitbit Pay, Garmin Pay available
  • 0.01% interest applies
  • No overseas ATM withdrawal fee charged by Bankwest
  • No currency conversion fees for foreign currency transactions
  • Send money using PayID
  • Winner of Best Bank Account, RateCity Gold Awards 2024

Drawbacks

  • Must deposit at least $2000 into your account each month

Bankwest Rate Bank Account overview

For Qantas Transaction Account

Account details

Minimum opening amount

$0

Min. age restrictions

18 years old

Minimum balance

Max. age restrictions

N/A

Interest calculation frequency

Daily

Interest payment frequency

Monthly

Features

Linked account

Send money using PayID

Joint application available

Free international account transfer

Foreign currency

Target Market Determination

Visit Bankwest to view Target Market Determination.

Methods of access

Internet banking

ATM access

Phone banking

EFTPOS facility

Branch access

Cheque services

App

App only

Fee details

Monthly fee

$6*

Min. deposit for fee free

$2k

ATM & EFTPOS fees

ATM withdrawal fee

$0

Other bank ATM withdrawal fee

Daily ATM withdrawal limit

$2,000

EFTPOS fee

$0

Overseas fees

Overseas ATM withdrawal fee

$0

Overseas eftpos fee

Foreign transaction fee

$0

Other transaction fees

Phone transaction fee

$0

Internet transaction fee

$0

Counter withdrawal fee

$0

Free counter transactions

Counter deposit fee

$0

Cheque fee

Cheque dishonour fee

Electronic wallet service

Apple pay available

Google pay available

Samsung pay available

FAQs