Flight value
$159 after fees
22,400 Qantas points, estimated value · 20,000 Qantas points · spend $4,000 in 120 days
Available
I'd like to use my bonus for:
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22,400 Qantas points at 1.6¢ − $199 first-year fees. Flight value is an estimate, not cash. Assumes you earn the bonus and pay in full.
These terms are currently available (site published 12 Oct 2026).
What this calculation assumes
- You make the required purchases and the bonus is paid.
- You pay the balance in full — any interest changes the outcome.
- The required spend is ordinary planned spending, not extra cost.
- Gift-card rates are the recorded redemption catalogue, rechecked at renewal.
Did this help you make a decision?
Can I get this?
This is a public offer.
Can I get this bonus if I have held a card before?
Have not held a Bankwest Qantas Mastercard account in the last 36 months. The holding period is 36 months, measured from the last date you held a covered card. An open covered card blocks the bonus.
See exclusion periods for every Australian issuer →What must I spend?
$4,000 within 120 days — about $1,000 per month. The terms on this page don't record when the clock starts or how long the bonus takes to arrive after you qualify — check the issuer terms for both.
Can I get the card?
$1,000 minimum credit limit — a lending commitment, not a reward fact.
No minimum income recorded — this does not mean there is none.
Lending approval is separate from bonus eligibility: approval gets you the card, the conditions above get you the bonus.
How long is this available?
No recorded end date — this does not mean it never ends. Availability is rechecked against the issuer page.
What else makes the card useful?
Purchase protection
Cover on things you buy with the card. Limits, excesses, and activation conditions apply.
- Purchase Protection Insurance Compare across cards →Purchase Security cover for personal goods charged to the card (or acquired using points): reimburses the actual amount charged or market value, up to $125,000 total in a 12-month period ($3,000 sub-limit for jewellery, watches and fine arts); $250 excess applies.
Check the cover period, the card-payment condition, claim limits, and excess.
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Purchase Security cover for personal goods charged to the card (or acquired using points): reimburses the actual amount charged or market value, up to $125,000 total in a 12-month period ($3,000 sub-limit for jewellery, watches and fine arts); $250 excess applies.
- Extended Warranty Insurance Compare across cards →Extended Warranty cover on eligible goods charged to the card (or acquired using points), up to $30,000 total in a 12-month period; $250 excess applies.
Check how much extra cover it adds, which warranty lengths qualify, limits, and excess.
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Extended Warranty cover on eligible goods charged to the card (or acquired using points), up to $30,000 total in a 12-month period; $250 excess applies.
Travel
Travel cover and perks. Most need qualifying bookings or payment with the card.
- Travel Insurance Compare across cards →Complimentary Overseas Travel Insurance for Bankwest Qantas Platinum Mastercard cardholders (and spouse/accompanied children travelling on the same itinerary): covers up to 31 consecutive days per journey, unlimited overseas emergency medical and hospital expenses, $2,500,000…
Check the cover period, the activation condition, and who counts as an insured person.
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Complimentary Overseas Travel Insurance for Bankwest Qantas Platinum Mastercard cardholders (and spouse/accompanied children travelling on the same itinerary): covers up to 31 consecutive days per journey, unlimited overseas emergency medical and hospital expenses, $2,500,000 personal liability, $25,000 accidental death cover each for cardholder and spouse, and $20,000 baggage and personal goods cover (cardholder only) or $30,000 with family; a $250 excess applies to most claims.
- Transit Accident Insurance Compare across cards →Complimentary Transit Accident cover for international trips fully charged to the card: from $250,000 up to $500,000 per person depending on the extent of injury, with an aggregate limit of $2,500,000 for one accident.
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Complimentary Transit Accident cover for international trips fully charged to the card: from $250,000 up to $500,000 per person depending on the extent of injury, with an aggregate limit of $2,500,000 for one accident.
Everyday savings
Discounts and cashback on spending. Activation and caps vary.
- Shopping Benefits Compare across cards →Price Guarantee: reimburses up to $1,000 if you find the same item cheaper elsewhere, where the price difference is more than $75.
Check activation and purchase conditions. Amounts here don't add to the bonus calculation.
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Price Guarantee: reimburses up to $1,000 if you find the same item cheaper elsewhere, where the price difference is more than $75.
Account management
Tools for running the account — repayment helpers, not reward value.
- No International Transaction Fee Compare across cards →No foreign transaction fees or overseas ATM fees for Platinum or World cardholders on purchases made overseas, or online where the merchant or processing institution is located overseas.
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No foreign transaction fees or overseas ATM fees for Platinum or World cardholders on purchases made overseas, or online where the merchant or processing institution is located overseas.
No source recorded for this benefit. - Installment Plans Compare across cards →Easy Instalments: spread the cost of up to five eligible purchases (each between $100 and $10,000) over four monthly instalments at 0% p.a.
Check applicable charges and eligibility — a repayment plan, not reward value.
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Easy Instalments: spread the cost of up to five eligible purchases (each between $100 and $10,000) over four monthly instalments at 0% p.a.
No source recorded for this benefit. - Digital Wallet Integration Compare across cards →Digital wallet support lets you start spending instantly without needing a physical card.
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Digital wallet support lets you start spending instantly without needing a physical card.
No source recorded for this benefit. - Digital Card Issuance Compare across cards →Create a single-use or multi-use virtual card in the Bankwest app to make purchases without using your regular card details.
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Create a single-use or multi-use virtual card in the Bankwest app to make purchases without using your regular card details.
No source recorded for this benefit. - Online Banking Features Compare across cards →Bankwest app money tools show what you owe, send repayment alerts, and track transactions, subscriptions and spending; plus biometric login, card locking and real-time notifications for unusual activity.
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Bankwest app money tools show what you owe, send repayment alerts, and track transactions, subscriptions and spending; plus biometric login, card locking and real-time notifications for unusual activity.
No source recorded for this benefit. - No Annual Fee Compare across cards →No credit card annual fee when the card is held as the optional eligible credit card in a Complete Home Loan Package (one card per customer); terms and conditions apply.
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No credit card annual fee when the card is held as the optional eligible credit card in a Complete Home Loan Package (one card per customer); terms and conditions apply.
No source recorded for this benefit. - Interest Free Periods Compare across cards →Up to 44 days interest free on purchases; not applicable to cash advances or balance transfers.
Interest-free terms change often — confirm the current days with the issuer before applying. This recorded term may be out of date.
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Up to 44 days interest free on purchases; not applicable to cash advances or balance transfers.
- Balance Transfer Offers Compare across cards →2.99% p.a. introductory rate on balance transfers for the first 9 months after the card is approved (reverting to 19.99% p.a. ongoing); no promotional balance transfer fee; new Bankwest Qantas Mastercard customers only.
Check the rate, period, revert rate, and fees.
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2.99% p.a. introductory rate on balance transfers for the first 9 months after the card is approved (reverting to 19.99% p.a. ongoing); no promotional balance transfer fee; new Bankwest Qantas Mastercard customers only.
Should I keep it after the first year?
Renewal costs $199 each year ($199 annual fee) — first year was $199.
Second year pays 20,000 Qantas points if you still hold the card into year two. The recorded terms don't detail the exact second spend hurdle — check the issuer terms before counting on it.
Ongoing earn: 0.60x Qantas points per $1.
Keeping pays off only if you meet the second-year conditions and use the points and benefits enough to cover $199/yr.
Year-two points aren't dollar-valued here: the redemption catalogue may change before renewal, so recheck the rate then.
Earn 0.6 pts/$1 on first $2,500/month then 0.15 pts/$1. Second year bonus of 20k requires keeping account open for 15 continuous months. No foreign transaction fees.
Terms and evidence
Full current terms
Offer terms
First Year Points
20,000 points
Qantas
Second Year Points
20,000 points
With $199 annual fee
Minimum Spend
$4,000
within 120 days (about 4 months)
Ongoing Earn Rate
0.60x points per $1 spent
Fees
First Year Annual Fee
$199
Ongoing Annual Fee
$199
From year 2 onwards
Purchase Interest Rate
19.99% p.a.
The value above assumes you pay in full and never pay this. Any interest changes the outcome.
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.
Benefit history (24 changes)
- No Annual FeeUpdated Aug 2026
- Extended Warranty InsuranceUpdated Aug 2026
- Purchase Protection InsuranceUpdated Aug 2026
- Transit Accident InsuranceUpdated Aug 2026
- Travel InsuranceUpdated Aug 2026
- Interest Free PeriodsUpdated Aug 2026
- No International Transaction FeeUpdated Aug 2026
- Balance Transfer OffersUpdated Aug 2026
- Installment PlansUpdated Aug 2026
- Digital Card IssuanceUpdated Aug 2026
- Digital Wallet IntegrationUpdated Aug 2026
- Online Banking FeaturesRemoved Jul 2026
- Digital Card IssuanceUpdated Jul 2026
- Digital Wallet IntegrationUpdated Jul 2026
- Extended Warranty InsuranceUpdated Jul 2026
- Transit Accident InsuranceUpdated Jul 2026
- Purchase Protection InsuranceUpdated Jul 2026
- Travel InsuranceUpdated Jul 2026
- Balance Transfer OffersUpdated Jul 2026
- Interest Free PeriodsUpdated Jul 2026
- No Annual FeeUpdated Jul 2026
- No International Transaction FeeUpdated Jul 2026
- Points Transfer BenefitsRemoved Jul 2026
- Installment PlansUpdated Jul 2026
Offer terms history
These are published versions of this offer's terms. Each version preserves the conditions available at that time.
Published 12 Oct 2026
Availability changed from ended to available; conditions unchanged.
Changes from terms version 4
Changes from terms version 3
Changes from terms version 2
Changes from terms version 1
First recorded terms
Captures behind the selected terms record — evidence for these terms, not a complete history of the named offer.
Discussion
About the current terms (published 12 Oct 2026).
Community and personal tools
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