Summary of Bankwest's Breeze MasterCard advertising at www.australia.creditcards.com

Click on Bankwest's Breeze MasterCard under 'Product' in the 2nd column of Low Interest Credit Cards of as shown in the below Print Screen.

You will then see the following information that is provided by www.australia.creditcards.com as also evident in the further below Breeze MasterCard Print Screen:

Company Breeze MasterCard
Intro Rate N/A
Balance Transfer 5.99% (12 months)
Interest Rate 10.99%
Annual Fee $69
Card Type
Mastercard
Interest Free Days 55 days
Late Payment Fee $12
Minimum Repayment $20
Minimum Repayment 2%
Card Level Standard
Star Ratings

The above summary provided by www.australia.creditcards.com is deceitful because at Interest Rate in the above summary schedule it -

*        lists only the interest rate applicable to 'Purchases' t 10.99%; and

*        does not inform that the Interest Rate on 'Cash Advances' is a humongous 21.99%  - 1,100 basis points higher.

www.australia.creditcards.com should not list the Interest Rate to be 10.99% unless that is the interest rate to use the card, predicated upon compliance with other conditions including repaying at least 2.5% within 55 days.  The above key information provided by www.australia.creditcards.com is deliberately misleading and deceptive.

If you click on it opens a Bankwest website page for its Breeze MasterCard which provides the below limited information as evident on the below Print Screen:

  • 10% cashback on your everyday spend at department stores, grocery stores and on eating out
    for 3 months.
  • Australia's lowest MasterCard purchase rate of 10.99% p.a.
  • up to 55 days interest free
  • we won't charge the Annual Fee in the 2nd & subsequent years where the annual spend is $10,000 or more for Classic cards, $15,000 or more for Gold cards or $20,000 or more for Platinum cards*
  • 5.99%  p.a. for the first 12 months on non-Bankwest credit card balance transfers
  • if you find goods you buy with your card cheaper within 21 days, claim the difference^
  • up to 12 months extra warranty on top of the manufacturer's warranty^
  • three months free protection against loss, theft or accidental damage of any goods you buy with your card^
  • up to three additional cardholders at no additional fee

Hidden in the very fine, faint print (which I have highlighted in blue background in the above Screen Print) is the vital information of:

 

"Important things you should know: Lending criteria, fees and charges apply, including an annual fee of $69. Terms and conditions apply and are available on request. Rates are subject to change and exclude cash advances (rate of 21.99%  p.a. applies). One Bankwest Breeze MasterCard per customer."

The above summary highlights deceptive, misleading and unconscionable marketing by www.australia.creditcards.com and does not leave Bankwest in a favourable light if it is paying australia.creditcards.com for providing a link to the above Bankwest page and condoning australia.creditcards.com practices.