Westpac Altitude Business Platinum credit card

Roland Bleyer

Credit Card Expert with over 15 years card experience and the founder of Creditcard.com.au. Ask Roland a Question about this card.

The Westpac Altitude Business Platinum Credit Card

Looking for a platinum business card that really packs a punch? If you’ve spent time comparing business credit card options, you’ll know that not all are created equal. As a guide, you’ll usually find platinum options tend to offer more in features and extras, but also tend to charge more in annual fees as well.

Weighing up pretty nicely on the outlay vs. return scale, the Westpac Altitude Business Platinum Credit Card provides an excellent set of features, a great rewards program, plus some very appealing introductory offers, all with an annual fee that you may indeed find reasonable.

What we love...

First on the agenda are the three introductory offers. Designed to save you money on your everyday spending, the Westpac Altitude Business Platinum Credit Card is currently offering $300 cashback to your account when you spend $3,000 on eligible purchases on your new card within 90 days from card approval – and as another money-saver, the card also has $0 annual fee for the first year.

The third introductory offer is for cardholders who have existing credit card debt that they want to pay off. With this balance transfer offer, you can benefit from a rate of 4.99% p.a. for 12 months on balance transfers requested at card application.

Now, on to those amazing features we talked about. As the name suggests, the Westpac Altitude Business Platinum Credit Card is a rewards card that earns points on the Altitude program.

In terms of the earn rate, cardholders can earn uncapped points, with 2 points per $1 spent with overseas merchants, and 1 point per $1 spent within Australia. Government payments attract 0.5 points per $1 spent.

You could choose to redeem your points for travel, flights, merchandise and gift vouchers within the Altitude program, or alternatively, redeem them for frequent flyer points within Qantas Frequent Flyer, Virgin Australia's Velocity, Malaysia Airline's Enrich, Air New Zealand Airpoints, Singapore Airlines KrisFlyer or Cathay Pacific AsiaMiles.

What’s not so great...

It’s worth noting that this card has an ample annual fee and a relatively high rate of interest on cash advances and purchases. If you choose to take advantage of the balance transfer offer, keep in mind that there are other options out there offering lower rates of interest, which could allow you to save more money in the long run.

Why should you choose this card?

Want more? Don’t worry, this card has even more features to tempt you. As a cardholder, you can benefit from the services of a platinum concierge, as well as one additional cardholder at no extra cost, up to 45 days interest free on purchases, and easy tax reporting and analysis of your business transactions.

There is also an array of complimentary insurances on offer, which include overseas travel insurance and transit accident insurance, purchase security insurance, extended warranty insurance and guaranteed pricing scheme cover, and unauthorised transaction insurance and business inconvenience insurance.

Overall Rating

A platinum rewards business card that is jam-packed with features, currently offering $300 cashback to your account, $0 annual fee for the first year, and 4.99% p.a. on balance transfers for 12 months.