Credit card protection 

Take the worry out of being unable to pay off your credit card with insurance through our partner St. Andrew's.

Benefits 

Peace of mind 

Helps ease the stress if you are not able to work due to involuntary unemployment, injury, sickness or death.

Automatic payments 

Your premium is automatically calculated and deducted from your card each month.

Bonus payments 

Lump sum payment of $200 to your credit card when you celebrate a lifestyle event such as getting married or buying a new home.

How it works 

Credit Card Protection Insurance from our partner St. Andrew's costs just 55 cents for every $100 you owe on your card at the time your statement is issued. However, if your closing balance is zero on your latest statement, you're not charged a thing.

In the case of the unexpected, like an accident, illness or involuntary unemployment, the insurance will pay 20% of your outstanding balance each month (up to a maximum of $4,000). Limitations and exclusions apply.

In the event of death or terminal illness, your outstanding balance is paid in full along with a Protect Plus payment equal to the same amount (up to a maximum of $50,000).  

Apply today

Simply tick the optional cover box when you apply for a Bankwest credit card online. 

If you're an existing Bankwest customer, please pop into a store.

Check your eligibility:

  • You need to be applying for, or already hold, a Bankwest credit card
  • You need to be an Australian resident
  • Aged 18 to under 61 when you apply
  • Self-employed or employed by an organisation carrying on business within Australia, working for at least 20 hours per week 

Make a claim

To make a claim on an existing credit card protection policy, please call St. Andrew's between 9am and 7pm (AEST) weekdays.

Important things you should know

Credit Card Protection policy is issued by St Andrew's Insurance (Australia) Pty Ltd ABN 89 075 044 656 AFSL 239649 and St Andrew's Life Insurance Pty Ltd ABN 98 105 176 243 AFSL 281731 (collectively 'St Andrew's'). The product is not a product of, nor guaranteed by the Bankwest. St Andrew's is not an Authorised Deposit Taking Institution. Any advice given is of a general nature only and is not based on any consideration of your objectives, financial situation or needs. To decide if a product is right for you and for full details of the terms, conditions, limits, and exclusions that apply to the policy for that product, please refer to the relevant Product Disclosure Statement (PDS) and Policy Wording.  If you take out a policy, St Andrew’s will pay Bankwest a commission of up to 20% of premiums. This commission is included in the premium you pay and is not an additional cost to you. The products are optional and you are free to arrange similar cover with another insurer.