Bankwest emailed and just updated my debit card to platinum for free. Assume it applies to all.
Pair it with the Bankwest Zero and your debit and credit cards will essentially be fee free for international use.
No need to go with two different banks. Time to ditch Citibank.
Do Citibank transaction plus card and this Bankwest card use the same exchange rate for purchase in foreign currency?
I thought consumer Citibank has been bought over?
It has
Anyone used this card to withdraw from atm in NZ and didn't get charge ATM fee?
No mention of Hiver anywhere. Has anyone compared Hiver vs Citi vs Bankwest?
Not bother with Hiver bec they charge foreign transaction fee.
Ok, fee for foreign transactions but nil fee for international ATM withdrawal (except if imposed by operator) so the same as all others
So it's just good for using as a cash withdrawal card. Wonder how visa compares though.
Don't they still need to convert the currency, even if they don't charge a fee for using the ATM?
Two thumbs up from me, but note all transaction times are set to AWST, and customer service on all channels isn't the best - at least there is live chat in-app which is handy. Wish they'd bring back the ring.
Wish they would bring back the ring sizer. Ozb favourite.
Used the live chat this morning and was pleasantly surpised. and the last few in app messages have always been answered promptly so I'm really happy with Bankwest's service so far.
I'll be comparing this and ING head to head overseas in the near future. Hopefully there won't be a major difference between the two.
Ing better if you meet the monthly criteria as they also cover overseas ATM fee (where the overseas bank charges an access fee)
ING is most useful where there are overseas ATM fees but that shouldn't be an issue where I'm going. (Citibank Plus is also useful in those circumstances, assuming there are Citibank ATMs in that country.)
I'm mainly interested to find out if there is any hidden disadvantage to using the Bankwest option, as I discovered was the case with the Citibank Diners (and as seems to be the case with the CommBank Ultimate Awards as well).
What's the problem with CBA Ultimate Awards? Aren't they using Mastercard rate?
The worst scam is from Mastercard/Visa under DCC (Dynamic Currency Conversion) which sneakily asking you pay in the card currency which has 5%+ markup built into the rate and you still get slugged with foreign transaction fee from your bank as well with non-Australian merchant.
Never pay in AUD oversea, always ask and make sure you check that the merchant is putting the transaction in local currency.
It has been raised many many times in this thread, ING DOES NOT cover overseas atm fees anymore. They stopped last August.
Was lucky to be able to get a Macquarie credit card free for life which has helped earned points overseas and no transaction fees.
How long does it take for CBA to BW transfer? Used a paid and haven’t received the funds yet. Doesn’t look like they have OSKO! Is there any atm withdrawal fee overseas?
You don’t get charged cash advance fee for using your own money when withdrawing from ATMs, like 28 degrees does.
28 Degrees is a credit card - you're withdrawing the bank's money, not your own.
This is how credit cards work, it has nothing to do with 28 Degrees.
is this the card that has the really good complimentary travel insurance?
Funny this post calls to ditch Citi when Citi essentially offers the exact same thing for free as well. And now replicated under Nab
Citi is now visa though under NAB - not mastercard anymore.
Does MasterCard have better rates than visa?
Are you sure its replicated? My Citi account and card is being closed on the 24th of Feb and I am being moved to nab accounts. Where did you find this info?
The NAB account replacing your Citi has the same benefit
It's in the T&C of the nab account you are being moved into.
How does this compare to the HSBC Everyday Global Account?
Nice that they have a no annual fee credit card with no international transaction fee. But @anyone who's used it - how's their exchange rate compared to Revolut etc? TIA
Can confirm have used this card to withdraw cash from far flung places such as Siena and Hokitika. Just need to make sure you use a bank atm if possible vs a scam atm (such as euronet). The rate is the masterbank rate which is exactly what the official exchange rate was when I searched it on the spot in google.
So is macquarie banks debit card.
I'm currently clutching onto revolut since Citibank is no more because of the multi currency wallet, MasterCard FX rates and fee free withdrawals ($350 a month).
I've been looking for an alternative with a higher fee free intl withdrawl limit/no operator fees, but it doesn't look like Bankwest/ING have a multi currency account option meaning all non aud transactions are done at the spot rate.
How about the Bendigo bank CC?
Anyone know what kind of exchange rate you get with this card?
Citi used to be closely aligned with XE money, but not sure about these guys.
It'll be the Mastercard Exchange rate which is probably the best rate you can get with a debit card.
This doesn’t include the operator overseas atm fee yea? Doesn’t it make the same with ING?
I want to know this too. Is this card better than ING with overseas ATM withdraw limitation and fees?
I am with Bankwest but no emails?
I've been using the free Bankwest Zero Platinum card for ages for international transactions. Also free (though nowadays cut back) travel insurance.
I continue to use Citibank (now migrated to NAB with the same conditions) for ATM withdrawals overseas. The advantage with the Citibank one is that you get fee-free telegraphic transfers, which I use a lot. The NAB account they migrated it to has these same special conditions for those people who moved from Citibank.
What has been cut back from the travel insurance?
And the NAB account isn't necessarily free because overseas ATMs will charge a fee but previously there were lots of fee free Citibank ATMs to use to withdraw money from.
Yes previously withdrawal using Citibank card at overseas Citibank atm machines is free but not at non Citibank atm. Now using nab cards overseas at Citibank atm will likely have a fee. I dun think there are many nab atm machines overseas. Correct me if I'm wrong.
They closed my citi account and gave me a new nab account. How do you know that the same perks with the citi account went across to NAB?
Says so in the conditions
Did anyone encounter an error?
It looks like you won’t be able to open this particular account online.
you're right. I got the same error.
I just use my Bankwest Zero Platinum card….have had that for years and it has free basic international travel insurance as well…obv don't use it to withdraw money at atms though. I have an ING debit card if I have to use that. I mostly take AUD to change at money changers instead if I have to. Not sure what is going to happen with the Citi card now it is going to NAB….also have the HSBC debit card for purchases overseas
Does anyone have any preferences between this and an UP account for overseas atm withdrawals and use?
Up will keep track of regular transactions as well, though.