Bankwest Qantas World Mastercard

$320 first year annual fee
80,000 points
$12,000 min limit
1.00 points per dollar
Spend $35,000 in 150 days

Offer Details

Premium

First Year Points

80,000 points

Qantas

Second Year Points

20,000 points

With $320 annual fee

Minimum Spend

$35,000

within 5 months

Ongoing Earn Rate

1.00x points per $1 spent

Fees

First Year Annual Fee

$320

Ongoing Annual Fee

$320

From year 2 onwards

Note: Additional fees may apply for cash advances, foreign transactions, overlimits, and late payments. Check the issuer's terms and conditions for complete fee details.

Benefits

  • Installment Plans
    More details

    Easy Instalments: spread up to five eligible purchases ($100-$10,000) over four monthly instalments at 0% p.a.

  • No International Transaction Fee
    More details

    No foreign transaction fees or overseas ATM fees for World Mastercard customers (0% foreign transaction fee).

  • Digital Wallet Integration
    More details

    Digital wallet support to start spending instantly without a physical card via a Mobile Wallet.

  • Digital Card Issuance
    More details

    Create single-use or multi-use virtual cards in the Bankwest App to spend without regular card details.

  • Balance Transfer Offers
    More details

    Introductory 2.99% p.a. for 9 months on balance transfers with 0% balance transfer fee; new Bankwest Qantas Mastercard customers only, then 19.99% p.a.

  • No Annual Fee
    More details

    No credit card annual fee when the card is included as an eligible card in a Complete Home Loan Package.

  • Interest Free Periods
    More details

    Up to 44 interest-free days on purchases when the closing balance is paid in full by the due date (not applicable to cash advances or balance transfers).

  • Travel Insurance
    More details

    Complimentary Overseas Travel Insurance for World Mastercard cardholders, up to 6 months per journey; unlimited overseas emergency medical, $2.5M personal liability, up to $30,000 baggage (with family) and $20,000 cancellation costs.

  • Purchase Protection Insurance
    More details

    Purchase Security: goods charged to the card covered for loss, theft or damage; up to the amount charged, $125,000 overall limit per 12 months, $250 excess.

  • Extended Warranty Insurance
    More details

    Extends the manufacturer's Australian warranty on goods charged to the card; $30,000 overall limit per 12 months, $250 excess.

  • Transit Accident Insurance
    More details

    Transit Accident cover on international trips when the entire trip is charged to the card; $250,000 up to $500,000 per person by injury, $2.5M aggregate per accident.

  • Shopping Benefits
    More details

    Price Guarantee: reimburses up to $1,000 if a lower advertised price is found where the difference exceeds $75.

Benefit history

  • Rental Vehicle InsuranceRemoved Jul 2026
  • Online Banking FeaturesRemoved Jul 2026
  • Transit Accident InsuranceUpdated Jul 2026
  • Extended Warranty InsuranceUpdated Jul 2026
  • Purchase Protection InsuranceUpdated Jul 2026
  • Travel InsuranceUpdated Jul 2026
  • Balance Transfer OffersUpdated Jul 2026
  • Interest Free PeriodsUpdated Jul 2026
  • Points Transfer BenefitsRemoved Jul 2026
  • Digital Card IssuanceUpdated Jul 2026
  • Digital Wallet IntegrationUpdated Jul 2026
  • No Foreign Currency Conversion FeeRemoved Jul 2026
  • No International Transaction FeeUpdated Jul 2026
  • No Annual FeeUpdated Jul 2026

I'd like to use my bonus for:

CraigCraig's Analysis
+80,000sign-up bonus
+35,000from $35,000 spend
=115,000Qantas points
×1.6¢per point
=$1,840point value
$320first-year fees
=$1,520est. first-year value

Bonus Difficulty

Hard

●●●

$233 per day required

First Year Cost

$320

annual fee

Estimated Bonus Value

$1280

Based on 1.6¢ per Qantas point

Earn Rate

Excellent

●●●●

1.00x Qantas points per $1

Did this help you make a decision?

$230 of profit after meeting spend requirements
+ $550 Woolworths gift cards
- $320
annual fee

$250
x 2
$50
x 1
in Woolworths gift cards, $550 total, with 1,110 points remaining.

Can I get this bonus if I've had a card from Bankwest before?

You generally need to wait 24 months after your last Bankwest sign-up bonus before you can earn this one.

See exclusion periods for every Australian issuer →

Craig

Something out of date? Let me know on Instagram, Facebook, or email and I'll fix it ASAP.

— Craig