Breeze Platinum: Low Rates, Travel Perks, Peace of Mind

If you’ve found yourself on this page, it’s clear you’re not just looking for any credit card; you’re seeking a financial instrument that genuinely enhances your lifestyle, offers tangible value, and provides robust security. The Bankwest Breeze Platinum Mastercard stands out in the landscape, promising more than just transactions – it promises smart financial management with a suite of premium advantages.

In this comprehensive guide, we’re cutting through the jargon and diving deep into every facet of the Breeze Platinum Mastercard. Whether you’re a seasoned globetrotter, a savvy shopper, or simply someone who appreciates a low interest rate without compromising on perks, we’ve got you covered.

From its competitive rates and hidden gem benefits to the straightforward application process and common FAQs, this is your ultimate resource. So, grab a cuppa, settle in, and let’s get down to brass tacks about how this Platinum powerhouse is the perfect fit for your wallet.

What is the Bankwest Breeze Platinum Mastercard?

At its core, the Bankwest Breeze Platinum Mastercard is a premium-tier credit card designed for individuals who desire the best of both worlds: a highly competitive low ongoing interest rate combined with a suite of valuable benefits often found on higher-fee cards.

Unlike basic credit cards focused solely on low costs, the Breeze Platinum adds significant value through complimentary insurances and the elimination of foreign transaction fees, making it an excellent companion for those with an active lifestyle, especially involving travel and significant purchases. It’s Bankwest’s answer for customers seeking an elevated credit experience that remains financially sensible.

Advantages and Disadvantages: A Balanced Look at Platinum Power

Choosing the right credit card involves weighing its strengths against its limitations. Here’s an honest look at what the Breeze Platinum Mastercard brings to the table.

The Upside: Platinum Perks That Shine

Zero Foreign Transaction Fees:

This is a standout feature for any cardholder who travels internationally or frequently shops online from overseas retailers. The 0% foreign transaction fee means you avoid the typical 2-3% surcharge on every overseas purchase. This translates to substantial savings and genuine freedom for international spending without hidden costs.

Complimentary Overseas Travel Insurance:

Travel with absolute peace of mind. The Breeze Platinum Mastercard provides complimentary overseas travel insurance coverage, which includes a base level of protection for medical emergencies, trip cancellations, and lost luggage, subject to eligibility criteria. This can save you hundreds of dollars on separate travel insurance policies and is a significant travel benefit.

Australia’s Lowest Ongoing Purchase Rate (12.99% p.a.):

Despite its premium benefits, the Breeze Platinum retains the core strength of the Breeze family: one of the market’s lowest ongoing purchase rates. This low interest credit rate is invaluable if you occasionally carry a balance, ensuring your interest charges are kept to a minimum.

0% p.a. for 24 Months on Balance Transfers (for New Customers):

A powerful tool for debt consolidation. New customers can transfer existing credit card debt from other banks and enjoy two years of 0% p.a. interest on the transferred amount (a 3% balance transfer fee applies). This offers a clear pathway to managing and reducing existing financial obligations.

Up to 55 Interest-Free Days on Purchases:

This generous interest-free period allows you significant flexibility in managing your cash flow. Pay off your balance in full by the due date, and you won’t incur interest on new purchases for nearly two months.

Complimentary Purchase Protections:

Beyond travel, the Platinum card extends its protective umbrella to your purchases. It includes complimentary extended warranty insurance (potentially doubling the manufacturer’s warranty on eligible items), price guarantee insurance (covering you if an item you bought is advertised cheaper elsewhere within a set period), and purchase security insurance (protecting against loss, theft, or damage for a period after purchase). These offer invaluable shopping security and added peace of mind.

Higher Minimum Credit Limit:

With a minimum credit limit of $6,000, the Platinum card offers greater purchasing power and financial flexibility compared to standard cards, suiting those with higher spending needs.

Digital Wallet Compatibility & Virtual Cards:

Like its Classic counterpart, the Platinum card is fully compatible with major digital wallets (Apple Pay, Google Pay, Samsung Pay) for convenient tap-and-go payments. The ability to generate virtual cards for online transactions further enhances online transaction security, protecting your primary card details.

The Downside: Things to Consider

Annual Fee:

While reasonable for its features, the annual card fee of $59 is higher than a no-annual-fee card. You’ll need to weigh the value of the Platinum benefits against this cost, especially if you won’t fully utilise the travel or insurance perks.

Higher Minimum Credit Limit:

While an advantage for some, the $6,000 minimum credit limit means applicants need to demonstrate a stronger financial capacity and income compared to a basic card.

Higher Cash Advance Rate:

Like most credit cards, cash advances are costly. The 21.99% p.a. cash advance rate (plus a cash advance fee) makes this an expensive way to access cash and should be avoided for high-cost borrowing.

Specific Insurance Terms and Conditions:

While complimentary insurances are a great perk, it’s crucial to read the Credit Card Insurances Product Disclosure Statement (PDS) thoroughly. Eligibility criteria, limitations, and exclusions apply (e.g., pre-existing conditions, trip duration limits for travel insurance). These aren’t blanket covers for everything.

Analysis: Costs and Conditions of the Bankwest Breeze Platinum Mastercard

Understanding the precise financial details is essential for responsible credit card management. Here’s a comprehensive breakdown of the fees, rates, and conditions applicable to the Bankwest Breeze Platinum Mastercard.

Bankwest Breeze Platinum Mastercard – Key Costs & Conditions (As of July 2025)

Feature	Detail	Notes
Ongoing Purchase Rate	12.99% p.a.	One of Australia’s lowest rates. Applies if balance isn’t paid in full or after intro offers end.
Introductory Balance Transfer Rate	0% p.a. for 24 months	For new customers only. 3% balance transfer fee applies. Excludes cash advances.
Ongoing Balance Transfer Rate	12.99% p.a.	Rate applied to transferred balance after 24-month intro period.
Cash Advance	21.99% p.a.	Applies to cash withdrawals/transfers. Interest charged immediately.
Annual Fee	$59	Charged yearly. Can be waived with Bankwest Complete Home Loan Package.
Interest-Free Period	Up to 55 days on purchases	Applies to purchases if balance paid in full by due date. Excludes cash advances/BTs.
Foreign Transaction Fee	0% of the transaction amount	No fee for overseas transactions, including some online from Australia.
Cash Advance Fee	3% of transaction amount or $4 (whichever is greater)	Charged per cash advance transaction.
Balance Transfer Fee	3% of the transferred amount	Applied when you initiate a balance transfer.
Paper Statement Fee	$1.25 per statement	Avoid by opting for eStatements.
Late Payment Admin Fee	$25 per statement period	Applied if minimum payment is not made by due date.
Minimum Credit Limit	$6,000	Lowest approved credit limit.

Who is the Bankwest Breeze Platinum Mastercard For?

This card is particularly well-suited for:

• Frequent Travellers: The no foreign transaction fees and complimentary overseas travel insurance make it an ideal companion for holidays and business trips abroad.

• Savvy Shoppers: Those who appreciate added purchase protections like extended warranty, price guarantee, and purchase security insurance for their significant buys.

• Individuals Seeking Value: If you want premium credit card benefits without the exorbitant annual fees often associated with high-tier rewards cards, this card offers a compelling package.

• Debt Consolidators: The 0% balance transfer offer remains a powerful incentive for new customers looking to manage existing debt more efficiently.

• Consistent Balance Carriers: The incredibly low ongoing purchase rate is a key advantage if you tend to carry a balance, significantly reducing your interest costs.

Requirements: Are You Eligible for the Breeze Platinum?

Applying for a Platinum card generally requires a stronger financial standing than a Classic. Here’s what Bankwest typically looks for:

• Age: You must be 18 years or over.

• Residency Status: You must be a permanent resident.

• Existing Bankwest Cards: You cannot already hold a Bankwest Breeze Platinum Mastercard (Bankwest typically allows only one of each specific card type per customer).

• Income & Financial Health: Bankwest will conduct a comprehensive assessment of your income, expenses, assets, and liabilities. Given the $6,000 minimum credit limit, a stable and sufficient income level will be required to demonstrate your ability to comfortably manage the credit.

• Credit Score: A good to excellent credit score is generally expected for Platinum credit cards. This indicates a strong history of responsible borrowing and financial reliability. Regularly checking your credit score through services like Credit Savvy or Experian can help you understand your standing before applying.

Step-by-Step Guide: How to Apply for Your Bankwest Breeze Platinum Mastercard

Applying for the Breeze Platinum Mastercard is a streamlined online process. Here’s how you can get your application underway:

Step 1: Head to the Official Bankwest Website

• Open your web browser and navigate directly to the Bankwest credit cards section:

• Look for the section specifically for the Breeze Mastercard and ensure you select the Platinum option if prompted, or proceed knowing this guide is for that specific variant.

Step 2: Initiate Your Application

• On the Breeze Mastercard page, you’ll see a prominent “Apply now” button. Click on it.

• A pop-up will appear asking if you’re an existing Bankwest customer or a new customer.

• Existing Bankwest Customer: If you already bank with Bankwest Australia, select “I’m an existing Bankwest customer” and log into your online banking. This can often fast-track the application as some of your details might already be pre-filled.

• New Bankwest Customer: If you’re new to Bankwest, choose “I’m a new Bankwest customer” to start a fresh online application.

Step 3: Gather Your Essential Information

Before you begin filling out the form, ensure you have the following handy:

• Photo Identification: An Australian Driver’s Licence or Passport is preferred. Bankwest also accepts other forms of ID (a list will be provided during the application process if needed).

• Employment Details: Your current employment status, length of employment, and employer’s contact numbers.

• Financial Details:
  • Your annual income (pre-tax).
  • Detailed breakdown of your living expenses (e.g., rent/mortgage, utilities, food, transport).
  • Information about any assets you own (e.g., property, savings, investments).
  • Details of any existing loans or other credit cards you hold (e.g., loan amounts, monthly repayments, credit limits).

Step 4: Complete the Online Application Form

• Follow the prompts to fill in all required sections accurately. This will include personal details, contact information, residential address, employment details, and your full financial position.

• Be honest and thorough. Inaccurate information can cause delays or even lead to your application being declined.

Step 5: Review and Submit

• Before submitting, carefully review all the information you’ve entered. Double-check for any typos or errors.

• Read and understand the Terms and Conditions, Key Facts Sheet, and any other disclosure documents provided.

• Once you’re confident, submit your application.

Step 6: What Happens Next?

• Bankwest will process your application. In some cases, you might receive an instant decision.

• If more information is needed, Bankwest may contact you for further verification or documents.

• Once approved, your physical card will be sent to your nominated address. You can often start using a digital version of your card via the Bankwest App almost immediately.

Applying via the Bankwest App:

While the primary application initiation is typically through the website, existing Bankwest customers might find integrated application flows within the Bankwest App. If you’re an existing customer, logging into the app and navigating to the “Apply for a Product” or “Credit Cards” section might lead you directly to an expedited application process. Always ensure your app is updated to the latest version for the best experience.

Frequently Asked Questions (FAQs) about the Bankwest Breeze Platinum Mastercard

We’ve compiled some of the most common questions about this card to provide quick, clear answers.

Q1: How do the complimentary insurances work?

The complimentary insurances (overseas travel, extended warranty, price guarantee, purchase security) are generally activated when you use your Breeze Platinum Mastercard for eligible purchases or to pay for parts of your trip. Important: Always refer to the Credit Card Insurances Product Disclosure Statement (PDS) for full details, eligibility criteria, limitations, and exclusions. This document is crucial for understanding your coverage.

Q2: What’s the benefit of 0% foreign transaction fees?

The 0% foreign transaction fee means you are not charged an extra percentage (typically 2-3%) on purchases made in a foreign currency or processed by an overseas merchant. This saves you money on international spending compared to cards that do charge this fee.

Q3: What happens if I don’t pay my full balance by the due date?

If you don’t pay your entire closing balance (excluding any balance transfer promotional amounts) by the due date, you will lose your interest-free days for that period. Interest at the ongoing purchase rate (12.99% p.a.) will then be charged on new purchases from the day they were made, not just from the statement due date.

Q4: Can I add an additional cardholder to my Breeze Platinum Mastercard?

Yes, you can add an additional cardholder. Both you and the person you wish to add will typically need to complete and sign an “Additional Cardholder(s) Request Form,” which can be found on the Bankwest website. The additional cardholder’s spending will be linked to your account.

Q5: Is the annual fee really worth it for the Platinum version?

The $59 annual fee is generally considered worthwhile if you regularly use the travel benefits (like no foreign transaction fees and complimentary travel insurance) or value the purchase protection insurances. If you travel frequently or make significant purchases, the savings and peace of mind from these perks can easily outweigh the annual cost. If you rarely travel and always pay your balance in full, a no-annual-fee card might be more suitable.

Q6: Can I include this card in a home loan package?

Yes, the Breeze Platinum Mastercard can be included as an eligible card in a Bankwest Complete Home Loan Package. If you have this package, the annual fee for your Breeze Platinum Mastercard can be waived. This provides potential fee waivers and integrated financial management.

Bankwest Breeze Platinum vs. Other Popular Options

Understanding how the Breeze Platinum Mastercard compares to other cards, both within Bankwest and from other providers, can help solidify your decision.

Bankwest Breeze Platinum vs. Bankwest Breeze Classic Mastercard

This is the most direct comparison, helping you decide which Breeze variant fits best:

• Annual Fee: Platinum $59 vs. Classic $49.

• Minimum Credit Limit: Platinum $6,000 vs. Classic $1,000.

• Foreign Transaction Fees: Platinum 0% vs. Classic 2.95%. This is a huge differentiator for overseas spending.

• Complimentary Insurances: Platinum includes a suite of insurances (travel, extended warranty, etc.), while Classic offers none.

• Best For:
  • Breeze Platinum: For those who travel, shop significantly, and value premium purchase protections and travel benefits, easily justifying the slightly higher annual fee.
  • Breeze Classic: For those who strictly want the lowest possible ongoing interest rate and lowest annual fee, without needing any additional perks or insurances.

Bankwest Breeze Platinum vs. Bankwest Qantas Platinum Mastercard

These two Bankwest Platinum cards serve very different purposes:

• Purpose: Breeze Platinum focuses on low interest credit and travel/purchase benefits without rewards. Qantas Platinum focuses on earning Qantas Points.

• Rates & Fees: Qantas Platinum generally has a higher annual card fee (e.g., $99+) and a significantly higher ongoing purchase rate (e.g., 19.99% p.a.).

• Foreign Transaction Fees: Qantas Platinum also often has a 0% foreign transaction fee, similar to Breeze Platinum.

• Best For:
  • Breeze Platinum: For those prioritising cost-effective borrowing with premium features for travel and shopping, and who aren’t chasing points.
  • Qantas Platinum: For frequent flyers who maximise Qantas Points earnings and are willing to pay higher fees and potentially higher interest rates for those rewards, ideally paying their balance in full.

The Verdict: Is the Bankwest Breeze Platinum Mastercard Right for You?

The Bankwest Breeze Platinum Mastercard carves out a unique and valuable niche in the credit card market. It’s a rare gem that effectively combines a highly competitive low ongoing purchase rate with a robust suite of premium benefits, particularly appealing to those who love to travel or appreciate extra purchase protection.

For a modest annual card fee of $59, you gain access to 0% foreign transaction fees, comprehensive complimentary overseas travel insurance, and valuable shopping security features like extended warranty and price protection. This makes it an incredibly cost-effective choice for premium features, distinguishing it from cards with much higher annual fees that offer similar perks.

If your financial strategy involves keeping interest costs low while enjoying peace of mind on your journeys and securing your purchases, then the Breeze Platinum Mastercard is an exceptional contender. It’s truly a ‘fair dinkum’ option for savvy cardholders who want premium benefits without breaking the bank.