- $300 cashback to your account when you open a new Altitude Business Platinum Mastercard credit card and spend $3,000 on eligible purchases within 90 days from card approval
- Save $200 on the annual fee in the first year
- You can earn 2 points per $1 on overseas purchases
Pros
$300 cashback to your account when you open a new Altitude Business Platinum Mastercard credit card and spend $3,000 on eligible purchases within 90 days from card approval
Save $200 on the annual fee in the first year
You can earn 2 points per $1 on overseas purchases
Cons
No lounge access
100% of customers who have rated this card would recommend it
| Interest Rates | |
| Purchase rate | 20.24% p.a. |
| Cash advance rate | 20.74% p.a. |
| Interest free on purchases | up to 45 days |
| Balance Transfer | |
| Balance transfer rate | 4.99% p.a. for 12 months |
| Balance transfer fee | No fee |
| Balance Transfer revert rate | 20.24% p.a. |
| Balance transfer limit | 80% of your approved new credit limit |
| Balance transfer from personal loan | No |
| Banks you can't balance transfer from | Westpac |
| Credit limits | |
| Minimum credit limit | $20,000 |
| Maximum credit limit | $150,000 |
| Fees & repayments | |
| Annual fee | $200 p.a. |
| Annual fee first year | $0 |
| Additional cardholder fee | $0 p.a. |
| Cash advance fee | 2% |
| Foreign transaction fee | 3% |
| Minimum repayment | 2% |
| Late payment fee | $15 |
| Credit card type | Visa |
| Rewards program | |
| Rewards program |  Altitude Rewards |
| Annual points cap | uncapped |
| Bonus points spend criteria | N/A |
| Earning points with this card | |
| Altitude points | 1 point per $1 spent |
| Overseas earn rate | 2 points per $1 spent |
| Points cap per month | N/A |
| Complimentary insurance | |
| Overseas travel insurance | yes - up to 6 months |
| Flight inconvenience insurance | No |
| Transport accident cover | Yes |
| Smartphone screen insurance | No |
| Purchase protection insurance | Yes |
| Extended warranty insurance | Yes |
| Rental vehicle excess cover | No |
| Extras | |
| Unauthorised transaction insurance | |
| Business inconvenience insurance |
Westpac Altitude Business Platinum credit card
Roland Bleyer
Credit Card Expert with over 15 years card experience and the founder of Creditcard.com.au.
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.
(showing the latest 10 Q&As)
Westpac Altitude Business Platinum credit card
With the Westpac Altitude Business Platinum you can take advantage of $300 cashback to your account when you spend $3,000 on eligible purchases within 90 days from card approval on your new Altitude Business Platinum card within 90 days from card approval. The $200 annual fee is waived in the first year. On top of that, you can earn up to 2 Altitude points per $1 spent with the exception on government purchases which you earn 0.5 Altitude points per $1. Offer ends 27 November 2019.
Key features
- $300 cashback to your account when you open a new Altitude Business Platinum Mastercard credit card and spend $3,000 on eligible purchases within 90 days from card approval
- No annual fee first year, $200 p.a. thereafter
- 4.99% p.a. for 12 months on balance transfers
- Complimentary Platinum insurance covers for purchases, business and travel
- Earn 1 Altitude Point with any Australian merchants
- Earn 2 Altitude Points with any Overseas merchants
- Earn 0.5 Altitude Points on government payments
- No cap on points earning whatsoever.
- Be over 18 years old
- Good credit and 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
