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Amex Qantas Ultimate Card vs Bankwest Zero Platinum Mastercard

Net value is estimated on a sample monthly spend, ranked by value not commission.

Verdict

On our reference spend profile, Amex Qantas Ultimate Card comes out ahead on estimated net value — about $480/yr more than the Bankwest Zero Platinum Mastercard. Your own spending pattern can change this — run the numbers in the rewards calculator.

AttributeAmex Qantas Ultimate Card
Best valuePopular
Bankwest Zero Platinum Mastercard
IssuerAmerican ExpressBankwest
Annual fee$450 / yearNo annual fee
Welcome bonus100,000 Qantas Points on $3,000 spend in 3 months
Min. income (monthly)AUD 65,000AUD 35,000
Reward typemilesrewards
Headline rate1.25× miles
Bonus categoriesdining, travel, everydaytravel, everyday
Lounge accessYesNo
Foreign tx fee3%0%
Est. net value / yr$1,896$1,416
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Frequently asked questions

Amex Qantas Ultimate Card vs Bankwest Zero Platinum Mastercard: which is better?
On our reference spend profile the Amex Qantas Ultimate Card delivers higher estimated net value than the Bankwest Zero Platinum Mastercard in Australia, so it wins on value. Your own spending pattern may change the result — run both through the rewards calculator.
What is the annual fee difference between Amex Qantas Ultimate Card and Bankwest Zero Platinum Mastercard?
Amex Qantas Ultimate Card: $450 / year. Bankwest Zero Platinum Mastercard: No annual fee.
Which earns more rewards, Amex Qantas Ultimate Card or Bankwest Zero Platinum Mastercard?
Amex Qantas Ultimate Card earns 1.25× miles; Bankwest Zero Platinum Mastercard earns rewards. We rank by net value after fees, not headline rate alone.