Balance Transfer – terms & conditions small print

You may at any time request us, and we may agree, to transfer any debit balance of a credit card, store card or charge card account held with another Australian financial institution by you or an Additional Cardholder to the card account subject to the following terms:

  • We do not accept balance transfers from any Bankwest credit cards
  • Only Australian issued non-Bankwest credit/store cards can be balanced transferred
  • You or the Additional Cardholder (as relevant) are not in default of the terms and conditions applicable to the account from which the transfer is made
  • For electronic Balance Transfers (via Bankwest Online Banking or the Bankwest app) you may only transfer up to the nominated amount we advise at the time of making the transfer
  • For other Balance Transfers the request will only be processed up to 95% of the limit applicable to your card at the time of processing. If you request a higher amount we will only process up to 95% of your current credit limit
  • We will process the balance transfers in the order that you request them and we will not be responsible for any delay or any charges in connection with processing a request for a balance transfer
  • We will not close a card account held with other financial institutions. If you wish to, or are required to, close a card account, you will need to arrange this
  • A request will only be processed to your card account once the card has been activated

find out more

© 2017 Copyright Bankwest, a division of Commonwealth Bank of Australia (Bankwest) ABN 48 123 123 124 AFSL / Australian credit licence 234945. All rights reserved. To use this Website, you are required to read the Financial Services Guide (which you agree to be provided by accessing the link). Bankwest is a division of Commonwealth Bank of Australia, which is the product issuer unless otherwise stated. Rates stated are subject to change without notice. Any advice given does not take into account your objectives, financial situation or needs so please consider whether it is appropriate for you. For deposit and payment products, please ensure you read and consider the Product Disclosure Statement (which you agree to be provided through this link) before making any decision about the product(s). For lending products, lending criteria and fees and charges apply. Terms and conditions apply and are available on request.