Quick Overview

  • Bankwest More Rewards points can be redeemed for cash back, gift cards, merchandise, and other rewards.
  • The best Bankwest points value is typically achieved through cash back or gift card redemptions, which return around 0.22 cents per point.
  • Unlike many other rewards programs, Bankwest More Rewards points cannot be transferred to airline or hotel partners, limiting travel redemption options.

Use our Bankwest Rewards Points Value Calculator to estimate the cash value of your More Rewards points based on your preferred redemption method.

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Bankwest More Rewards points value

How much are Bankwest More Rewards points worth?

The Answer: 0.22 cents per point. Redemptions for gift cards and cash back starts at $20 for 9,000 points.

Here's our valuations for Bankwest Rewards points:

Redemption options Redemption value (in cents)
Redeeming points for cash back 0.22
Gift card redemptions 0.22

Gift cards and vouchers

You can redeem Bankwest More Rewards Points for gift cards and vouchers with select retailers which will give you about 0.22 cents in value per point. Redemptions start at 9,000 points for a $20 gift card.

Cashback redemptions

Bankwest More Rewards Points can be redeemed for cash back in the Bankwest More Rewards portal. You can redeem a minimum of 9,000 Points for $20 in cash back which gives your points a value of 0.22 cents per point.

Calculator: Convert Bankwest Rewards points to dollars

Use our Bankwest More Rewards Points Value Calculator to determine the dollar value of your points based on the available redemption options. This will give you an idea of how much your points are worth on average.

Bankwest Points To Dollars

Enter any amount of More Rewards points to calculate the dollar value.
Points
Redemption options Average value
Cashback redemptions $0
Gift cards and vouchers $0

Calculator: Bankwest redemption value

Use our Bankwest Redemption Value Calculator to determine the cash value of a redemption based on the cost in cash versus the cost in Bankwest Rewards points. This tool is useful when trying to decide whether a redemption is worth it.

Cost of Redemption In Cash
Enter how much the redemption would cost you if you paid cash.
$
Cost of Redemption In Points
Enter how much the redemption would cost you in Bankwest Rewards points along with any taxes, fees, or additional cash cost you would have to pay.
Bankwest Points
Points
Taxes/Fees
$
Redemption Value
This is how much your Bankwest Rewards points are worth based on the values entered above.
- Cents Per Point

How does More Rewards points value compare?

Here's how the value of More Rewards points compare against rewards earned with other leading travel programs:

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Credit cards that earn Bankwest Rewards points

Bankwest offers several credit cards that you can use to earn points on everyday spending. If you really to get solid value out of the program, you'll want to consider the World Mastercard or Platinum Mastercard.

Bankwest More World Mastercard®
Bankwest More World Mastercard®
  • Earn 2.5 points for every $1 spent on the card — uncapped.
  • Enjoy 10 complimentary lounge visits per calendar year for you and your accompanying guests to access over 1,000 lounges worldwide with LoungeKey.
  • Enjoy complimentary overseas travel insurance and no foreign transaction fees.
  • $270 annual fee.
  • Card Value & More Rewards Points Calculator
Bankwest More Platinum Mastercard®
Bankwest More Platinum Mastercard®
  • Earn 2 points for every $1 spent on the card, up to 400,000 points per calendar year.
  • Enjoy complimentary overseas travel insurance and no foreign transaction fees.
  • $160 annual fee.
  • Card Value & More Rewards Points Calculator
Bankwest More Classic Mastercard®
Bankwest More Classic Mastercard®