Low Rate Mastercard®

The Low Rate Business Mastercard has our low ongoing rate, which helps if you're paying your balance off over time.

Benefits

Our low ongoing purchase rate

Makes it well suited if you're not sure if you'll pay off your balance in full each month.

Up to 55 days interest free on purchases

Enjoy no interest on purchases for up to 55 days. 1 You qualify for interest free days on purchases if you pay the closing balance owing (excluding any balance transfer amount) on your current statement in full by the due date. Section 20 of our Business Mastercard Terms and Conditions (PDF) further outlines how this interest free period is calculated. Close

Cardholder management

Add up to three additional cardholders, and consolidate each cardholder's spend into one account and one payment.

Card personalisation

Personalise your cards with your business name at no extra cost.

Is it right for you?

Low Rate Mastercard has a credit limit between $2,000 and $50,000 (for limits over $25,000 please call 13 7000). Minimum limit applies to new cards only.

Find out how a business credit card could help you manage your business day to day

Bankwest Business Credit Cards

A business credit card can help you manage your cash flow, separate your business and personal purchases, and may help you manage employee expenses.

Rates and fees

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Rates
Rate type Rate
Ongoing rate (balance transfers, cash advances and purchases) 11.99% p.a.
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Fees
Fee type Amount
Annual fee $99
Foreign transaction fee ? 2.95% of transaction amount 
Cash advance fee 2% of transaction amount or $4
(whichever is greater)
Overlimit administration fee ? Payable for each statement period that you exceed your credit limit. Close $30 per statement period
Late payment administration fee ? When the minimum payment is not processed by the due date. Close $35 per statement period
Dishonour fee ? Each time there is a dishonoured payment into the account. For example, a dishonoured periodical/scheduled payment or cheque deposit. Close $10 each time
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Rates are subject to change.  Other fees and charges may apply.  A full list of fees will be outlined in your credit card contract.

Apply today

Check your eligibility

  • People 18 years or over
  • Australian permanent residents
  • Don't have an overdue debt with the Australian Taxation Office
  • You must meet Bankwest's lending criteria.
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Things you need for your application

  • If you're new to Bankwest, we will need to perform an ID check
  • Financial information, including your income, expenses and assets
  • Additional cardholder's names and email addresses.

How can we help?

Business Specialists Team
Speak with someone from the team today

Business Banking Specialists

Here’s how to get in touch

Things you should know

1. You qualify for interest free days on purchases if you pay the closing balance owing (excluding any balance transfer amount) on your current statement in full by the due date. Section 20 of our Business Mastercard Terms and Conditions (PDF) further outlines how this interest free period is calculated.


The primary cardholder takes personal liability for all transactions on the account.

Mastercard and the Mastercard brand mark are registered trademarks, and the circles design, Tap & go and smart data are trademarks of Mastercard International Incorporated.