• long running

Bankwest Qantas World MasterCard: 80,000 Qantas Points within 7 Months (after $35,000 Spend in 5 Months), $320 Annual Fee

316

I admit this is a very bad deal so this one should be your last resort only. The best way to protest is don't apply.

Benefit of Bankwest credit card is no foreign transaction fees on a credit card that also earns Qantas Frequent Flyer points, the next one in my mind is the CBA Smart Awards and Ultimate Awards.

  • Annual fees $320
  • Intro balance transfer rates 2.99% p.a. intro balance transfer rate for first 9 months
  • Minimum credit limits $12,000
  • Foreign transaction fees 0%
  • Cash advance fees 3% of transaction amount or $4 (whichever is greater)
  • Interest free days on purchases Up to 44 days
  • Points earned on everyday spending 1 Qantas Point per $1 on the first $5,000 spent on eligible purchases per month, and 0.5 points thereafter

Promotion details:

  • Have not opened a Bankwest Qantas Mastercard account in the last 24 months
  • Offer is not available to customers who have switched from an existing Bankwest credit card to a new Bankwest Qantas World Mastercard.
  • Earn 80,000 bonus Qantas Points by spending $35,000 (minimum spend requirement) on Eligible Purchases within five months from account opening. If the minimum spend requirement is satisfied, your 80,000 bonus Qantas Points are transferred to your account within seven months from account opening
  • Earn 20,000 bonus Qantas Points automatically, by keeping your account open for 15 continuous months from account opening. If this requirement is satisfied, your 20,000 bonus Qantas Points are transferred to your account within 17 months of opening. Your card must remain open for bonus Qantas Points to be transferred
  • Our Bankwest Qantas Rewards Terms and Conditions apply.

Related Stores

Bankwest
Bankwest
Qantas
Qantas

Comments

  • +26

    This is quite possibly the worst "deal" on ozbargain, can we nominate this for an award?

    • +1

      Cant agree more.. 35000 , what a joke

    • +1

      Worst deal since spriggy.

  • +1

    $35,000 spend? I think you mean $3500 right? Lol

    • +3

      It’s no error. That’s the correct spend requirement.

  • I'm waiting for the CommBank Ultimate Awards to hopefully get a proper bonus when the current one expires in April (or sooner).

  • +4

    your 80,000 bonus Qantas Points are transferred to your account within seven months from account opening

    Wow

    • Could be read as "two months after spend requirement met". But they are giving themselves a lot of leeway

    • 7 months !! I’ll have spent another 49k on my card by then.

  • +1

    800k points for 35k spend?
    They missed to add 0’s on the other side of the equation..,,

    • And you sir need to remove and extra 0 from your figure.

  • +6

    Admits it’s a bad deal, posts it as a deal anyway.

  • -1

    You're right OP, this is a terrible deal. Even I, a mining magnate, cannot meet this spend requirement.

    • Come on Gina, you would spend this in a day.

    • -1

      Beta

    • Your legal cost should cover the spend.

  • Bruhh

  • +4

    “The best way to protest is don't apply.” - Negative. Best way to protest is a neg vote. Take my very first on ozb!

  • +3

    Why even post this. It's not a deal.

  • +4

    R U ok bro?

  • worst deal

  • What on earth…

  • One of the worst deals I've ever seen posted here.

  • +1

    I admit this is a very bad deal so this one should be your last resort only.

    But because I like attention I'll post it anyway.

    here have my non attention-seeking non-vote.

  • I can only imagine this being worthwhile if you were about to buy a car and had already churned through every other card available.

    That is not me.

  • +1

    I love how it gets worse the more you read about it. First you see the $15k spend, THEN the insane $320 AF

  • Not feeling very Jasongood about this one mate

  • This same card used to be $185 cheaper (for the promo offer), with 10,000 more bonus points and a relatively reasonable spend requirement. $35,000 is a joke.

  • Unfortunately with the exclusion periods in place now this card will probably end up with a few high spender churners who have no other options.

    What a hell of a spend! And point waiting period. I’ve heard Bankwest won’t pay early either, it will be on that seven month statement.

  • -3

    A bit better deal: 100k points, 35k spend, but still a very terrible deal:
    https://www.bankwest.com.au/personal/credit-cards#:~:text=Ea…

  • Wtf is this? $35,000 in 7 months? What deal?

  • -1

    I am desperately looking for a card to churn but I'm not that desperate.

  • The only thing good about a Bankwest card is that there's no foreign transaction fee…

  • After spending a ridiculous $35k, you still need to wait up to 7 months to get your points… Even if you can do it please don't apply and encourage this behaviour.

  • Bro, are you lonely that you need to post this to engage with us?

  • What in the

    Worst deal of the year, posted in January.

Login or Join to leave a comment