Pros and cons

  • Large variety of credit card options
  • Allows additional cardholders
  • Balance transfer offers on some cards
  • Moderately low interest free days
  • High annual fees on rewards cards
  • Moderately high interest rates

Bankwest credit cards rates

Purchase Rate

Purchase Rate

19.99%

Interest Free Days

Interest Free Days

44

Annual Fee

Annual Fee

$100

Late Payment Fee

$25

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Company
Bankwest
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Purchase Rate

Purchase Rate

19.99%

Interest Free Days

Interest Free Days

44

Annual Fee

Annual Fee

$160

Late Payment Fee

$25

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Company
Bankwest
More details
Purchase Rate

Purchase Rate

20.49%

Interest Free Days

Interest Free Days

44

Annual Fee

Annual Fee

$270

Late Payment Fee

$25

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Company
Bankwest
More details
Purchase Rate

Purchase Rate

0.00%

for 15 months then 10.99%

Interest Free Days

Interest Free Days

55

Annual Fee

Annual Fee

$0

for 12 months then $49

Late Payment Fee

$25

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Company
Bankwest
More details
Purchase Rate

Purchase Rate

17.99%

Interest Free Days

Interest Free Days

55

Annual Fee

Annual Fee

$0

Late Payment Fee

$25

Go to site
Company
Bankwest
More details
Purchase Rate

Purchase Rate

19.99%

Interest Free Days

Interest Free Days

44

Annual Fee

Annual Fee

$270

Late Payment Fee

$25

Go to site
Company
Bankwest
More details
Purchase Rate

Purchase Rate

20.49%

Interest Free Days

Interest Free Days

44

Annual Fee

Annual Fee

$160

Late Payment Fee

$25

Go to site
Company
Bankwest
More details
Purchase Rate

Purchase Rate

17.99%

Interest Free Days

Interest Free Days

55

Annual Fee

Annual Fee

$0

Late Payment Fee

$25

Go to site
Company
Bankwest
More details
Purchase Rate

Purchase Rate

0.00%

for 15 months then 10.99%

Interest Free Days

Interest Free Days

55

Annual Fee

Annual Fee

$0

for 12 months then $69

Late Payment Fee

$25

Go to site
Company
Bankwest
More details

About Bankwest credit cards

Bankwest offers a variety of credit cards, including low-rate, platinum, rewards, and no-fee cards. Within its reward card options, customers can choose between rewards points and Qantas Points.

Bankwest credit card rates vary between products but typically range between moderate and high. In general, Bankwest charges moderate interest rates on no-frills credit cards and moderately high interest rates on their rewards cards.

The annual fee also varies between Bankwest credit cards. While Bankwest’s no-fee option does not charge an annual fee, their rewards cards tend to charge high annual fees. Bankwest credit cards typically incur a moderately high late payment fee.

Although benefits vary from product to product, many Bankwest credit cards have special perks, such as an introductory balance transfer rate, complimentary insurances, and free emergency replacement. Bankwest rewards cards may come with a bonus points offer.

Bankwest credit cards review

Bankwest is a leading regional Australian bank and its credit cards may be a particularly suitable choice for Australians who are already Bankwest customers.

Because Bankwest offers a variety of credit cards, it may be well suited for everyday spenders, frequent flyers, and those who are looking for low-rate or no-fee credit cards. You must be a permanent Australian resident to apply for Bankwest credit cards, so Bankwest is not a suitable choice for temporary residents.

Bankwest credit card rates vary greatly between their low-rate cards and rewards cards, which means there’s a rate to suit a variety of cardholders. While interest rates tend to be moderately low for Bankwest’s low-rate card, the interest rate tends to be moderately high for rewards cards.

Bankwest credit card fees vary from no annual fee (on no-fee cards) to high (on rewards cards).

Learn more about credit cards

How to increase ME Bank credit card limit?

If you want your  ME bank credit card limit increased, you’ll have to fill the “credit card limit increase request form” and send it to the bank via post, email, or fax. The requirements for increasing the credit limit include:

  • You should have the card for at least six months;
  • Your income has increased; and
  • Your debt liabilities have decreased.

How can I increase my St.George credit card limit?

You can apply to increase the limit of your St.George credit card online through Internet Banking. Log in and go to ‘Manage my accounts’. Within that, look for ‘Card Services’ and select ‘Increase Credit Card Limit’. Alternatively, you can also call on 133 800 and say ‘Increase Card Limit’ when prompted. You’ll also be required to share some information at the time of making the application.

To apply for a credit limit increase on your St. George credit card, your account should have been open for at least six months before the application and you should not have made a credit limit increase request in the last six months. Also remember, that you are only eligible for a credit limit increase if you’re the primary cardholder.

Final approval of your request depends on satisfactorily meeting the credit assessment criteria.

How does the Commonwealth Bank credit card instalment plan work?

Commonwealth Bank credit card instalment plans allow you to structure the schedule for repaying your outstanding credit card balances. So, rather than pay the entire amount on the due date, you’ll pay a fixed amount on every due date for a particular period.

You can choose from three types of plans. The first is to pay-off a one-time large purchase exceeding $100 made during the previous 14 days. The second plan is to pay off the credit card balance (excluding cash advance, balance transfers, and existing instalment plans) of $600 or more in whole or part over a predetermined period. The last plan allows you to pay off the cash advance balance of $600 or higher in part or fully, over a certain period.

You can break down large purchases into affordable instalments over some time that you specify. Additionally, you enjoy the flexibility to cancel or prepay the plan before its last instalment. You can simultaneously have ten active plans without additional credit checks on all eligible cards.

Once you select the eligible purchase or balance and the desired repayment term, the monthly instalment and due date are shown in the next statement, which includes the new payment and the summary of the plan’s progress. In case you miss a payment, the plan isn’t cancelled, but an unpaid instalment is re-transferred to the applicable balance, and you’ll be charged the standard rate. The plan can be revoked at any time, and the outstanding amount is added to the cash advance or purchase balance as applicable.

How does CBA credit card insurance coverage work?

If you have a Commbank credit card, insurance may be one of the benefits on offer. 

You may be eligible for overseas medical and travel coverage, as well as coverage for interstate flight cancellations, transport accidents, extended warranty and price guarantees. You may need to check which types of insurance coverage you can access, as some types are not available to all customers. 

To apply for CBA credit card insurance, you can contact the bank via its website. It’s also worth checking which types of insurance are available automatically and which require you to fulfil some conditions. 

The  Commbank credit card purchase insurance - called Purchase Security -  is available to most CBA cardholders. You can find out more about the different types of insurance, their coverage limits and inclusions and exclusions in the Product Disclosure Statement.

What can I do about my Commonwealth Bank expired credit card?

You’ll typically receive your replacement Commonwealth Bank credit card before your current one expires. 

Once you receive the replacement card, you may need to update the new card with all the direct debits that you had set up on your expired Commonwealth Bank credit card. These could include insurance payments, electricity or gas bills, and monthly entertainment subscriptions.

To see a list of all your regular payments in NetBank, follow these steps:

  1. Log on to NetBank
  2. Click on ‘settings’
  3. Go to ‘product requests’, and select ‘credit card regular payments’. 

If you don’t use NetBank, you can see the list of your regular payments on your most recent credit card statement. Keep in mind, this list may not be complete and you should also check your past statements or your transaction history. 

If you haven’t received your replacement card before your current card expires, call 13 22 21 and the bank will send a new card to you. 

It is important that you safely discard your expired credit card. This often means cutting it up with scissors and throwing it out. 

Can a pensioner get a credit card?

It is possible to get a credit card as a pensioner. There are some factors to keep in mind, including:

  • Annual income. Look for credit cards with minimum annual income requirements you can meet. 
  • Annual fees. If high fees are a concern for you, opt for a card with a low or $0 annual fee. 
  • Interest rate. Make sure you won’t have any nasty surprises on your credit card bill. Compare cards with a low interest rates to minimise risk.

How to increase your Heritage credit card limit?

Heritage credit card holders can increase their card limits, and typically without any hassles. There are two limits applied to your credit card: your account transfer limit and your credit card limit, each of which has a separate limit.

To increase your Heritage credit card limit, you can contact Heritage on 13 14 22. Unfortunately, you cannot opt to increase your credit card limit online due to security reasons. 

You can, however, request to increase your daily account transfer limit and BPAY® to up to $40,000 per day easily through Heritage Online. To do this,  you'll need to first ensure that your credit card limit is more than $40,000. If it is lower, you’ll need to first ask Heritage for an increase in your credit card limit. 

  • It’s important to note that once you change your credit limit, the daily periodic rate and corresponding annual percentage rate will change as well. This is likely to come into effect on the first day of each billing cycle that begins in March, June, September, and December. The effect of an increase in the annual percentage rate and the daily periodic rate will lead to an increased amount of interest you will have to cover in your monthly payment. 

What is the CUA credit card increase limit process?

A credit limit is pre-assigned based on factors like your income, expenses, and debt by the card-issuing company. It varies from time to time based on credit utilisation and changes to your circumstances.

If your income has increased or your liabilities have reduced, you can request for an increase of your CUA credit card limit. You can lodge the request via online banking on the website, or by visiting the closest branch, or by downloading the application form and mailing it. While making the application, you may need to provide information about your income, employment status, desired limit, and the reason for the increase. The card-issuing company will assess your request before approval.

Before you apply for an increase to the credit limit, ensure your bills are paid in full and you aren’t asking for a very steep enhancement.

What coverage does Coles credit card insurance offer?

Most customers who own a Coles credit card may be eligible for complimentary purchase protection insurance, but low rate card owners won’t receive this benefit. 

Some premium credit cards issued by Coles include transit accident insurance and extended warranty cover in addition to purchase protection insurance. Covered items paid for at least partially with your Coles credit card usually qualify for purchase protection insurance.

However, you may only be eligible for transit accident and extended warranty coverage if the entire travel cost or purchase price is billed to the eligible card. Additionally, the extended warranty coverage matches the manufacturer’s warranty up to a maximum of five years. If your credit card offers extended warranty, but the covered item comes with a six-year warranty, you're unlikely to receive the benefit.

Do I get HSBC credit card insurance on purchases I make?

As an HSBC credit card (HSBC Platinum, HSBC Platinum Qantas and HSBC Premier World) cardholder, you may be entitled to complimentary international and domestic travel insurance. This HSBC credit card insurance covers you for hospital stays and medical expenses, flight cancellations or delays, as well as lost luggage or personal items.

To be eligible for the insurance, you should have paid for at least 90 per cent of your overseas return travel ticket with your HSBC credit card. The cover is automatically activated without a need to contact HSBC. However, it’s always best to let your card issuer know when you travel overseas. If you have pre-existing medical conditions, you’ll need to contact Allianz directly to organise cover for these as they aren’t covered by the insurance. You can call Allianz on 1800 648 093.

The complimentary international travel insurance that comes with your HSBC Platinum credit card is valid for up to four months from the date of your departure from Australia. Your HSBC credit card insurance cover also covers your spouse and dependent children if 90 per cent of their travel ticket is purchased using your HSBC card.

 

How to increase your Bendigo Bank credit card limit?

As a Bendigo Bank credit cardholder, you can avail a minimum limit of $500, but if you use your card regularly, you may want to consider increasing it. To increase your Bendigo Bank credit card limit, you can contact the bank’s credit card team on 1300 236 344 and talk to the bank directly.

You can also apply for a credit card limit increase through online banking, by logging into Bendigo Bank web portal or through the app on your phone or tablet. Once you’ve successfully logged in, you'll want  to send a secure message to Bendigo Bank asking them to increase your credit card limit. 

If you cannot access the online portal or the app, you can also apply to increase your credit card limit through the online enquiry form. Simply add relevant information in the required fields and click ‘Submit’. Once you have completed the application, Bendigo Bank should verify your details and analyse your current financial standing. Based on this assessment, the bank will either accept your application to increase your credit card limit or deny it. 

How does the ANZ credit card instalment plan work?

While you usually need to settle all or part of your credit card dues at the end of your statement period, some credit cards afford you the option of setting up instalment plans. This allows you to settle your credit card debt at a pace that's more convenient for you, paying a fixed amount over a fixed period, thus making it easier to budget your repayments every month.

With the ANZ credit card instalment plan, you can set up a structured repayment schedule for part or all of your balance, or even for specific purchases over a certain value.

Some of the benefits of instalment repayment include: 

  • Structured repayments: You’ll have a fixed sum to pay each month.
  • Easier to budget: A fixed repayment sum makes it easier to make your monthly budget.
  • Account benefits: You might also get benefits such as discounted interest rates or debt-tracking tools.

There are disadvantages of opting for instalment repayment, however, and they include:

  • Less flexibility: You will not be able to pay a smaller amount once you set an instalment plan.
  • Different interest charges: In case the instalment plan only covers part of the balance, different interest charges could apply, making it challenging to budget.
  • Additional fees: You might have to pay fees or penalty charges in case of missed payments.

How to apply for an HSBC credit card instalment plan?

HSBC provides a host of different features and benefits to its customers, including interest-free finance options for purchases made at select retailers.

Using this feature, you can make a purchase in-store or online through your credit card, and spread your repayments for up to 60 months. Opting for a credit card instalment plan may be an ideal option as you can make big purchases without worrying about making immediate payments. 

The interest-free instalment plan is valid for all HSBC credit cards, so you shouldn't need to fill out separate forms or apply for a particular plan. Rather, all you should need to do is use your HSBC credit card at any of the participating retailers and inform the vendor that you want to pay using HSBC interest-free. 

As HSBC has partnered with over 1,000 retailers for its interest-free credit card instalment plan, you get the flexibility to purchase a host of different products. Some of the popular retailers that HSBC allows instalments for are: 

  • Webjet 
  • King Furniture 
  • Betta Home Living
  • Stratco 
  • Video Pro 
  • Bing Lee

Once you have provided approval to the vendor, HSBC will send you an SMS asking you to confirm the purchase, following which the payment will go through, and you can select your preferred instalment plan. 

While you may be inclined to choose the most prolonged duration for repayment considering there are no interest charges, it’s important to know that minimum monthly repayments will still apply (3%, or $30, whichever is higher), making it important to choose the right HSBC credit card instalment plan that suits your requirements. 

How can I increase my credit card limit on my American Express card?

If you want to increase the credit limit on your American Express (AMEX) credit card, you will need to apply through the AMEX Online Services, or by calling the number on the back of your card. You may need to share personal information that the bank can use to assess whether the requested limit is suitable for you and your current financial status. Once your application is approved, your new limit will be ready for use within an hour.

What's the best credit card for rewards?

There is no one-size-fits-all best rewards credit card. It's best you research what type of rewards program you'd like, as well as the fees, interest rate and conditions associated with those types of cards before making a choice. 

Rewards credit cards can also come with high annual fees that may end up nullifying the rewards, so think how often you use the card to decide whether the benefits outweigh the extra cost for you. A card with a lower annual fee might require a lot of spending to get any useful rewards, while another card with a higher annual fee might need fewer purchases to get a reward.