No one likes fees, and our Zero Platinum MasterCard means our customers get all the fantastic premium benefits of Platinum and don't have to pay an annual fee
Perth, WA, Australia (PRWEB) October 7, 2009
Bankwest announced the launch of Australia's only Platinum credit card with no annual fee - the Zero Platinum MasterCard.
Bankwest Head of Credit Cards Andrew Banks said the Platinum MasterCard maintained the momentum of new and innovative Bankwest products.
"No one likes fees, and our Zero Platinum MasterCard means our customers get all the fantastic premium benefits of Platinum and don't have to pay an annual fee," he said.
"And for a limited time we have a special introductory offer of 4.99%p.a. for nine months on balance transfers and purchases."
"This will make a real difference for customers currently paying a high rate of interest on other credit or store cards."
MasterCard Worldwide Country Manager Andrew Cartwright said the new card would give customers a better deal.
"MasterCard welcomes new products to the market which give consumers a better deal, and the Zero Platinum MasterCard will open doors for more people looking to take advantage of platinum benefits without the usual associated fees," he said.
"Not only will cardholders receive up to one year extended warranty on goods purchased on the card and complimentary international travel insurance, they will also be able to use their credit card across MasterCard's vast global acceptance network at more than 29 million locations."
Key features of the Zero Platinum card include:
- 24/7 concierge service to help customers arrange travel, concert tickets etc.
- Complimentary international travel insurance for customers and their family.
- Up to one year extended warranty on goods purchased on platinum credit card.
- Automatic purchase protection to give customers added security on purchases.
- RewardMe instant savings program.
- Accepted at over 29 million locations around the world.
Bankwest is a wholly owned subsidiary of the Commonwealth Bank (Group). Bankwest is a full service bank which originated in Western Australia in 1895 and services more than 900,000 customers. Bankwest promotes a range of products using cost-effective direct and third party distribution channels, including 24-hour telephone and internet services and mortgage brokers. In WA, Bankwest is a market leader with about one quarter of all bank advances and deposits and an extensive network of branches. Standard & Poor's short-term credit rating for Bankwest is "A-1+" and "AA" for the long term, providing customers with investment grade security.