How to Apply for Your Zero Classic Mastercard

The Zero Classic Mastercard from BankWest offers no annual fees, reward points, and flexible payment options. Learn about its features, benefits, and how to apply.

Por: Gus em 13 de August de 2024 Última atualização em: 2 de January de 2025

History of BankWest

BankWest, originally established as the Agricultural Bank of Western Australia in 1895, has a rich history of serving the financial needs of Australians. Over the years, it has evolved from a state-owned entity into a fully-fledged commercial bank. In 1995, BankWest was privatized and later became a division of the Commonwealth Bank of Australia in 2008.

Today, BankWest offers a wide range of banking products and services, including credit cards, home loans, and personal banking solutions, with a commitment to innovation and customer satisfaction.

Benefits of the Zero Classic Mastercard

The Zero Classic Mastercard offers numerous benefits, making it a compelling choice for many Australians.

Reward Points

Cardholders can earn reward points on everyday purchases. These points can be redeemed for a variety of rewards, including gift cards, travel, and merchandise. The reward program is designed to provide value back to the customer, enhancing the overall credit card experience.

No Annual Fee

One of the standout features of the Zero Classic Mastercard is its no annual fee policy. This makes it an excellent option for those who want to avoid the extra cost associated with many other credit cards.

This benefit ensures that the card remains affordable and accessible.

Purchase Protection

The card comes with purchase protection, which covers new purchases against theft or damage for a specified period. This feature provides peace of mind when making significant purchases, knowing that you are protected.

Interest-Free Period

The Zero Classic Mastercard offers up to 55 days interest-free on purchases, provided the balance is paid in full each month. This benefit can help manage cash flow and reduce interest charges, making everyday spending more manageable.

Loan Options and Instalment Plans

The Zero Classic Mastercard also offers flexible payment options and instalment plans to help manage larger purchases and balance transfers.

Balance Transfers

For new cardholders, there is an introductory offer of 0% p.a. on balance transfers for the first six months. A 3% balance transfer fee applies, and after the introductory period, the standard interest rate of 18.99% p.a. applies to any remaining balance.

Easy Instalments

Cardholders can take advantage of Easy Instalments, allowing them to spread the cost of up to five eligible purchases over four manageable monthly payments at 0% p.a. This option can be particularly useful for managing expenses without incurring high-interest charges.

Cash Advances

The Zero Classic Mastercard also allows for cash advances, though these come with a higher interest rate of 21.99% p.a. and a fee of 3% of the transaction amount or $4, whichever is greater. This option should be used judiciously, given the higher cost associated with cash advances.

Eligibility for the Zero Classic Mastercard

To be eligible for the Zero Classic Mastercard, applicants must meet certain criteria.

Age and Residency

Applicants must be at least 18 years old and permanent residents of Australia. This ensures that cardholders have a stable residency status and are of legal age to enter into a credit agreement.

Credit History

A good credit history is essential for approval. BankWest evaluates applicants’ credit reports to determine their creditworthiness. Those with a positive credit history are more likely to be approved for the card.

Income Requirements

Applicants must provide information about their income, employment status, and financial obligations. This helps BankWest assess the applicant’s ability to manage credit responsibly.

How to Apply

Applying for the Zero Classic Mastercard is a straightforward process that can be completed online, providing a convenient way to access this beneficial credit card. Here are the detailed steps to ensure a smooth application process:

Visit the BankWest Website

Start by navigating to the official BankWest credit cards page. On this page, you will find detailed information about the Zero Classic Mastercard. Make sure to read through the card’s features, benefits, and terms and conditions to understand what you are applying for. Once you are ready, click on the link or button to apply for the Zero Classic Mastercard.

Fill Out the Application

The next step involves completing the online application form. This form will require you to provide various personal details, including:

Personal Information: Enter your full name, date of birth, and contact details such as phone number and email address.
Residential Information: Provide your current residential address and details about your living situation, such as whether you rent or own your home.
Employment Details: You will need to provide information about your employment status, including your employer’s name, your position, the duration of your employment, and your monthly income.
Financial Information: This includes details about your financial situation, such as your monthly expenses, other debts, and assets. Be prepared to disclose information about any other credit cards you currently hold.

Ensure that all the information you provide is accurate and up-to-date, as any discrepancies or errors can delay the processing of your application.

Submit Required Documents

After completing the form, you will need to submit identification documents to verify your identity. Acceptable forms of ID include an Australian driver’s licence or passport. In addition to identification, you may need to provide:

Proof of Income: Recent payslips or bank statements showing your income.
Employment Verification: A letter from your employer or other documentation that verifies your employment status and income.
Financial Documents: Additional financial documents may be requested to support your application, such as evidence of other assets or liabilities.

Ensure that all documents are clear and legible. Upload these documents through the secure online portal provided during the application process.

Review and Submit

Before finalising your application, carefully review all the information you have entered. Check for any errors or omissions that could affect your application. Confirm that all required documents have been uploaded and that they are in the correct format. Once you are satisfied that everything is correct, submit your application.

Application Processing

After submission, BankWest will review your application. This process includes verifying your identity, checking your credit history, and assessing your financial situation to determine your eligibility for the Zero Classic Mastercard. BankWest aims to process applications promptly, and you will be notified of the outcome via email or phone.

Post-Approval Steps

If your application is approved, you will receive your Zero Classic Mastercard in the mail within a few business days. Once you receive your card, follow the instructions provided to activate it. This typically involves either calling a customer service number or activating the card through your online banking account. After activation, your card is ready to use.

VISIT THE BANK'S OFFICIAL WEBSITE TO REQUEST YOUR CARD

Opinion and Additional Tips

The Zero Classic Mastercard offers significant benefits, including no annual fees, reward points, and flexible payment options. However, it’s essential to use the card responsibly to avoid high-interest charges and fees associated with cash advances and late payments.

Pros and Cons

Pros:

No annual fee
Reward points on purchases
Purchase protection and interest-free periods

Cons:

High-interest rates on cash advances
Balance transfer fee of 3%
Foreign transaction fee of 2.95%

Sustainability and Environmental Impact

While credit cards themselves do not directly impact the environment, responsible financial behaviour can contribute to sustainability. Opting for e-statements instead of paper statements can reduce paper waste. Additionally, using reward points for environmentally friendly products or services can indirectly support sustainable practices.

Customer Service

BankWest provides several channels for customer service to assist with any inquiries or issues related to the Zero Classic Mastercard.

Phone: Customers can contact BankWest via phone for immediate assistance: 13 17 19.
Website: The BankWest website offers a range of resources, including FAQs and guides.
Chat: Online chat support is available for quick queries.
App: The BankWest app provides a convenient way to manage your account and access customer service.

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The Zero Classic Mastercard from BankWest is an excellent choice for individuals seeking a credit card with no annual fee and various benefits. Its reward program, purchase protection, and flexible payment options make it a valuable financial tool.

For more information and to explore other credit card options for Australians, visit our website.