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Westpac Altitude Business Gold Mastercard
Westpac Altitude Business Gold Mastercard

Westpac Credit Cards

Westpac Altitude Business Gold Mastercard

Updated 18 September 2024

Save with $0 annual fee for the first year and 4.99% p.a. for 12 months on balance transfers. Extend your cashflow with up to 55 days interest free on purchases. Earn rewards points for eligible purchases and tax payments, plus complimentary insurance.
T&Cs apply.

Points Earn Rate (per $1 spent)

1 point

Capped at $20,000

Rewards Program

Altitude Rewards

Bonus Points

N/A

Pros and cons

  • No annual fee first year, $150 p.a. thereafter
  • 4.99% p.a. for 12 months on balance transfers
  • Earn up 1 reward point per $1 spent
  • Earn 0.5 Altitude Points on government payments
  • Earn a maximum of 20,000 Altitude points in each statement cycle.
  • Complimentary International and Domestic Travel Insurance (including COVID-19 coverage effective 30 June 2022, T&Cs apply)

  • High standard interest rates if you hold a balance.

Creditcard.com.au review

Editor Review

Westpac Altitude Business Gold Mastercard

Pauline Hatch
Pauline is a personal finance expert at CreditCard.com.au, with 8 years in money, budgeting and property reporting under her belt. about this card.

The Westpac Altitude Business Gold Credit Card

Having a business credit card in your wallet can provide a number of convenient benefits. Not only can the right card offer extended cashflow for the business, it can also deliver a host of extras that reward the cardholder, either by making business accounting easier or by offering tangible extras such as complimentary insurances and rewards programs.

However, with a multitude of business credit cards on the market, knowing which one to choose can be tricky. If you’re looking for a card that provides extras beyond the standard business card offering, the Westpac Altitude Business Gold Credit Card could well be worth a closer look.

What we love...

One of the most appealing aspects of the Westpac Altitude Business Gold Credit Card is its current introductory offers. Helping you to save money on your everyday spending, the card is now offering $0 annual card fee for the first year.

If you have existing credit card debt on another card, you could also take advantage of the card’s balance transfer offer, with 4.99% p.a. for 12 months on balance transfers requested at card application. Any transferred balance left unpaid at the end of the introductory period will revert to the card’s purchase rate.

Aside from its introductory offers, this card has plenty to offer. As a rewards card, you could earn 1 point per $1 spent. Government payments attract 0.5 points per $1 spent.

As part of the Altitude Rewards program, points earned can be redeemed for merchandise or gift vouchers, or used to redeem frequent flyer points in five different frequent flyer programs, including Qantas Frequent Flyer, Virgin Australia's Velocity, Air New Zealand Airpoints, Singapore Airlines KrisFlyer and Cathay Pacific AsiaMiles.

What’s not so great...

It’s also worth noting that for each statement cycle, a cap of 20,000 points applies. In addition, the card has a significant annual fee after the first year, and a relatively high rate of interest attached to purchases and cash advances.

Why should you choose this card?

Anything else worth mentioning? Aside from its introductory offers and rewards program, the card may tempt you with a full suite of complimentary insurances.

These include overseas travel insurance and transit accident insurance, purchase security insurance, extended warranty insurance and guaranteed pricing scheme cover and unauthorised transaction insurance.

Other features on offer include easy tax reporting and analysis of business transactions, one additional cardholder at no extra cost, a credit limit from $1,000 to $80,000, and up to 55 days interest free on purchases.

Overall Rating

A feature-packed business credit card offering a convenient rewards program, $0 annual fee for the first year, and 4.99% p.a. on balance transfers for 12 months.

User reviews

Westpac Altitude Business Gold Mastercard ( based on 3 Creditcard.com.au user reviews )

66% rating based on 3 reviews

Rates
Fees
Rewards
Customer Service
Value

Rates and fees

Interest rates



Purchase rate 20.24% p.a.

Cash advance rate 20.74% p.a.

Interest free period on purchases up to 55 days

Balance transfer

Balance transfer rate 4.99% p.a. for 12 months

Balance transfer revert rate 20.74% p.a.

Balance transfer from personal loan No

Balance transfer fee No fee

Balance transfer limit 80% of approved credit limit

Brands you can't balance transfer from Westpac

Credit limits

Minimum credit limit $1,000

Maximum credit limit $80,000

Fees & repayments

Annual fee $150 p.a.

Additional cardholder fee $0 p.a.

Foreign transaction fee 3%

Minimum repayment 2% or $10 whichever is greater (personal); 3% or $10 whichever is greater (business); $40 (Westpac Flex)

Annual fee the first year $0

Cash advance fee 3%

Late payment fee $0

Rewards and points

Rewards program

Rewards Program Altitude Rewards Altitude Rewards

Bonus points N/A

Annual points cap 240,000

Bonus points spend criteria N/A

Earning points with this card

Altitude Rewards points 1 point per $1 spent

Points cap per month Capped at $20,000

Overseas earn rate same as standard earn rate

Additional features

Complimentary insurance

International Travel Insurance Yes - up to 3 months

Flight Inconvenience Insurance Yes

Transit Accident Insurance Yes

Smartphone Screen Insurance No

Purchase Protection Insurance Yes

Extended Warranty Insurance Yes

Rental Vehicle Excess In Australia Insurance Yes

Extras

Travel insurance underwritten by Allianz Australia Insurance Limited

Unauthorised transaction insurance

Overview

Westpac Altitude Business Gold Mastercard

Westpac Altitude Business Gold Credit Card is currently offering $0 annual card fee for the first year, save $150. You can also use this card to take advantage of complimentary insurance covers for business, travel and purchases. There are a couple of convenience points to note with this card too. The 55 days interest free period on purchases can be a real help to a business dealing with minor cash flow issues. Business purchases will also earn Altitude points, until you reach the cap. For each statement cycle a points cap of 20,000 points applies.

Disclaimer: The interest free period is the maximum number of days during which interest is not charged on new purchases. If your account has an interest free period for purchases, to be entitled to that interest free period, you need to pay off the “monthly payment balance” listed on your statement of account (not the full closing balance) by the relevant payment due date.

Key features

  • No annual fee first year, $150 p.a. thereafter
  • 4.99% p.a. for 12 months on balance transfers
  • Complimentary insurance covers for travel, purchases and business
  • Earn up 1 reward point per $1 spent
  • Earn 0.5 Altitude Points on government payments
  • Earn a maximum of 20,000 Altitude points in each statement cycle.

Minimum criteria to apply for this card

  • Be over 18 years old

  • Good Credit and have not applied for multiple credit cards recently

  • Australian permanent resident

  • Minimum income of $30,000 p.a.

  • You have your personal details ready to complete the online application

Pauline

Pauline is a personal finance expert at CreditCard.com.au, with 8 years in money, budgeting and property reporting under her belt. Pauline is passionate about seeing Aussies win by making their money – and their credit cards – work smarter, harder and bigger

Recently Asked Questions

Something you need to know about this card? Ask our credit card expert a question.

15 questions (showing the latest 10 Q&As)

Beth pallister

Beth pallister

13 September 2024
Does overseas insurance have an age limit.
    Pauline - CreditCard.com.au

    Pauline

    20 September 2024
    Hi Beth, I've reviewed the Westpac Insurance PDS and noted that the age limit is below 81. For more details, you can refer to the Westpac Insurance PDS.
Nelson

Nelson

9 July 2019
Is the minimum income requirement for this equal to the business annual revenue? Or is it personal income of $30,000?
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    10 July 2019
    Hi Nelson, Westpac just state - Earn a minimum $30,000 per annum. I assume this must be personal, based on the business income itself. Who can apply: 18+ years old, Australian permanent resident, Earn a minimum $30,000 per annum and For business or investment purposes
Jacinta

Jacinta

3 May 2019
DO any of your business credit cards offer multiple cards on the account?
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    3 May 2019
    Hi Jacinta, I like the NAB Qantas Business Signature. That is, if you are interested in Qantas points like me. Multiple cards with individual credit limits under a single facility. Get detailed monthly statements per cardholder and one overall summary. You decide which cardholder is credited with the points. This may suit. If it doesn't let me know.
PAUL STEPHEN THESINGER

PAUL STEPHEN THESINGER

10 May 2018
Is there interest charged on purchases after 12 months if the balance is paid withing the 45 days?
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    10 May 2018
    Hi Paul, the intro purchase rate expires after 12 months from the card being issued. Post the 12 months, any purchases that are unpaid at that time will start attracting purchase rate interest. If you pay your balance off in full each statement period if you will receive up to 45 interest free days (post the intro period). This depends on when you make a purchase in your billing cycle. If its on the 10th day, then you get 35 days interest free. If its on the 2nd last day, then you only get that amount of time interest free.
BMAL

BMAL

30 April 2018
is this card for international or citizen only ?
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    30 April 2018
    Hi Bmal, you need to have an Australian business to be able to apply for this credit card.
Tanya

Tanya

15 February 2017
Hi Roland, we need at least 5 extra cards. How much does it cost for 5 extra cards ?
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    16 February 2017
    Hi Tanya, I cannot seem to find this information. They just talk about 1 supplementary card at no cost but surely you must be able to get more. If you give Westpac credit card customer service a call on 1300 130 961
Tanya

Tanya

14 February 2017
How much does it cost for an extra card on this card ?
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    15 February 2017
    Hi Tanya, you get an additional cardholder at no extra cost.
Kirk

Kirk

4 November 2016
Thanks for your response. What card woild you suggest using whilst overseas in the USA then? Booking hotels ,events,purchases etc.
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    7 November 2016
    Hi Kirk, you need to choose between earning rewards and having comp travel insurance, to then selecting a card like the 28 Degrees Platinum which doesn't earn rewards but lacks the FX charges. For me, no 1 card suits my needs, therefore I have a range of cards that I use for different types of purchases / features.
Kirk

Kirk

3 November 2016
Was thinking of using my business Gold Altitude Visa/Amex card whilst overseas(USA) for 4 weeks. Dont need to withdrawl cash so looks a ok option. What are your thoughts? Thanks.
Graham

Graham

11 May 2015
Is Westpac Altitude Business Gold Amex or Visa? The photo says Visa but the information says Amex.
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    11 May 2015
    Hi Graham, this offer is 2 cards in one annual fee. An AMEX version which gets you more points when you use it and a Visa card as well. You use whichever card you can at the time to maximise your points and minimise fees. Best of luck with your application.
Kelly

Kelly

8 November 2014
If the cards are issued in my husbands name can he use the reward points for a flight for his wife and kids etc or does he only benefit from this?
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    17 November 2014
    This depends on the airline program but say for Qantas - you can use the points for family members. Some allow you to use the points for anyone.
Anu Joseph

Anu Joseph

28 April 2014
I hold a 457 visa I have above 60000 dollars p.a. Even I have applied for my P R. Am I eligible for getting this card. Expecting repley soon
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    29 April 2014
    Hey Anu, in order to apply for the Westpac Altitude Business Gold you must satisfy the general application criteria as detailed on the first page of thee credit card application page. That includes declaring that you are a permanent resident aged 18 years or over. For this reason, you may need to wait until your permanent residency is approved before you can apply for this card. The Altitude Business Gold also requires you to provide the ABN or ACN of your company as well as other personal details such as your after tax income and your business's income and expenses from your last completed tax return. If in the event you do get approved for Australian permanent residency, this card may be the option for you however as per the current circumstances, there is a high chance that the institution will turn you away for this card. If you have any questions about eligibility criteria please contact them (Westpac Business) directly on 132 772. Learn more about credit cards for 457 visa holders to gain a general understanding.
Russell Wilson

Russell Wilson

20 February 2014
I currently have a Suncorp VISA card which is capped @ 100,000 Qantas points per year, does your card offer un-capped Qantas frequent flyer points?
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    20 February 2014
    Hi Russell, there is a cap of 7,500 Altitude pints per statement period, and with the AMEX card you get 2 points per $1 spend. Check out our Frequent Flyer Points table, it tells you which cards have a points cap and which ones don't.
Eric

Eric

19 December 2013
Do you need to run/own your own business to be eligible for this card?
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    8 January 2014
    Hi Eric, you will need to have a registered business in Australia that has been trading for the last full financial year. Your business details will be requested when applying for this card.
Sandra

Sandra

20 April 2013
Are you able to have a spouse card linked to this. Also, can you clarify your editor review regarding : check altitude in detail - conversion to velocity is 1 point to 2 altitude points though. I read through the more info section that takes you through to west pic and this is not expanded on. It tells you that you earn 2 pts per dollar on Amex and 1 pt per dollar with visa. So I am a little confused now, regards
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    22 April 2013
    Hi Sandra - there is the option to add additional cardholders with this card (and most business credit cards) but there would be one primary account holder. Regarding the review about Altitude points, this is just a reminder to have a good look at how many points you earn per $1 spent with the Altitude program (which it seems you've done), and what you can redeem them for. We will have it looked at and an expanded version up shortly as business credit cards is something we are planning more content on, so if you want more detailed information check back in the next few days.
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