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How are premium card annual fees determined?

Posted by cgm cgm
Message 1 of 5 1,078 Views

How does Bankwest determine its premium card annual fees?  Especially the Qantas Frequent Flyer associated ones.

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Re: How are premium card annual fees determined?

Posted by PeteW PeteW
Message 2 of 5 1,074 Views

There's a broad range of contributing factors @cgm and while I can't go into them all, they include things such as our own costs in running rewards programs, and remaining competitive in the market.

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Re: How are premium card annual fees determined?

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Posted by cgm cgm
Message 3 of 5 1,067 Views

Does Bankwest offer customers ways to reduce premium card annual fees? E.g. Good credit ratings or loyalty.

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Re: How are premium card annual fees determined?

Posted by PeteW PeteW
Message 4 of 5 1,063 Views

We don't have a program in place to reduce annual fees @cgm

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Re: How are premium card annual fees determined?

Posted by cgm cgm
Message 5 of 5 1,049 Views

Thanks for letting me know @PeteW!  

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