Balance transfer terms and conditions

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.

How can we help?

Speak with someone from the team today.