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Westpac Altitude Business Platinum credit card
Westpac Altitude Business Platinum credit card

Westpac Credit Cards

Westpac Altitude Business Platinum credit card

Updated 13 February 2024

Save $200 with Westpac Altitude Business Platinum's $0 annual fee offer for the first year, plus 4.99% p.a. for 12 months on balance transfers with no fee. Earn uncapped rewards points for eligible purchases and tax payments. Enjoy complimentary insurance covers for purchases, business and travel.
T&Cs apply.

Points Earn Rate (per $1 spent)

1 point


Rewards Program

Altitude Rewards

Bonus Points


Pros and cons

  • No annual fee first year, $200 p.a. thereafter
  • 4.99% p.a. for 12 months on balance transfers
  • 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
  • Up to 55 days interest free on purchases
  • Additional cardholder at no extra cost
  • Easy tax reporting with MYOB
  • Personal Concierge Service
  • Complimentary International and Domestic Travel Insurance (including COVID-19 coverage effective 30 June 2022, T&Cs apply)

  • No lounge access review

Editor Review

Westpac Altitude Business Platinum credit card

Pauline Hatch
Pauline is a personal finance expert at, with 8 years in money, budgeting and property reporting under her belt. 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...

The card has $0 annual fee for the first year - which gives you a big saving of $200. The other 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, 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 55 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 unauthorised transaction insurance.

Overall Rating

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

User reviews

Westpac Altitude Business Platinum credit card ( based on 3 user reviews )

63% rating based on 3 reviews

Customer Service

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 $20,000

Maximum credit limit $150,000

Fees & repayments

Annual fee $200 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 uncapped

Bonus points spend criteria N/A

Earning points with this card

Altitude Rewards points 1 point per $1 spent

Points cap per month N/A

Overseas earn rate 2 points per $1 spent

Additional features

Complimentary insurance

International Travel Insurance Yes - up to 6 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


Unauthorised transaction insurance


Westpac Altitude Business Platinum credit card

With the Westpac Altitude Business Platinum, 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 of government purchases which you earn 0.5 Altitude points per $1.

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, $200 p.a. thereafter
  • 4.99% p.a. for 12 months on balance transfers
  • Up to 55 days interest free on purchases
  • Uncapped rewards points for eligible purchases and tax payments
  • Redeem Altitude points for frequent flyer points in 6 different frequent flyer programs
  • Additional cardholder at no extra cost
  • Easy tax reporting with MYOB
  • Personal Concierge Service
  • Fraud Money Back Guarantee

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 is a personal finance expert at, 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.

10 questions (showing the latest 10 Q&As)

Lazarica cerbu

Lazarica cerbu

29 March 2023
How can I make a claim
    Pauline -


    30 March 2023
    Hi Lazarica, if you’re referring to making a claim on the complimentary insurance policy that comes with your Westpac Altitude Business Platinum credit card, you may contact Allianz Global Assistance (Westpac’s underwriter) at 1800 091 710. You may also lodge your claim online through their claims portal or email them at [email protected]. Hope everything goes well for you.
Darren Eames

Darren Eames

16 February 2023
Can you this card in apple wallet.
    Pauline -


    17 February 2023
    Hi Darren, Westpac doesn’t currently have a way to sync its business cards with digital wallets, only its personal cards. Cheers!
peter merrylees

peter merrylees

6 August 2022
Travel insurance I recently purchased Qantas flight fares for my 2 12yo children to accompany me to NZ for 8 days. I paid for the children's tickets on my Westpac Altitude Business Card but paid for mine on a different card as the bookings were made at different times. What is the position with travel insurance for the kids?
    Pauline -


    9 August 2022
    Hi Peter, this is a bit of a grey area, and not wanting to give you any misleading information, you should definitely check this with the Check your Cover part of Westpac’s site. Hopefully you’ll get the information you need and have a great trip to NZ!
David Tester

David Tester

1 August 2022
Which card is better black or platinum
    Pauline -


    3 August 2022
    Hi David, this will come down to what you want out of a credit card. You’ll need to weigh up the benefits, extras, fees and charges of both cards and work out which works better for you. However, there is no Westpac Black Business Credit card in their product suite. You can browse and compare a range of business cards that are available to us right now.


12 May 2021
I run a consultancy firm and am in the market for a corporate credit card to manage travel expense for my 40 staff. Which card will work best for me?
    Roland B Bleyer - Founder


    13 May 2021
    Hi David, thanks for your question! We can’t recommend a best card, as this will depend entirely on your circumstances. There are a wide range of cards you can compare. Check out our Business Credit Cards page to start comparing your options.


12 June 2020
How does this card work with Qantas points? Are the 80,000 altitude rewards points equivalent to 80,000 qantas reward points?
    Roland B Bleyer - Founder


    15 June 2020
    Hi Al, Altitude points are not as strong as Qantas points. I had a bit of a hard time tracking the conversion down but it looks like 2:1. If you are keen on Qantas earning then another more focused card would be best. The big points earning are with the AMEX Qantas Business at 1.25 points per $ uncapped. The NAB Qantas Business Signature has a 0.67 earn rate to top out the Visa side. Depending on your spend and ability to use AMEX. You could have 2 cards (AMEX + Visa/MasterCard).
Cheryl Wraith

Cheryl Wraith

1 March 2020
can I convert my altitude business platinum mastercard points to cash


30 December 2019
Is this the best card available from westpac for business purchases?
    Roland B Bleyer - Founder


    31 December 2019
    Hi Mark, it depends on the rewards you want to earn. Check out also the BusinessChoice Platinum with 120k bonus Qantas points right now.
Brian Hughes

Brian Hughes

13 November 2019
1. Is the travel insurance policy the same with MasterCard , where can I download the policy . 2. Overseas car rental , is the excess covered in this policy 3. We will be skiing in Austria , are we covered for any accidents that may occur.


24 October 2019
We have been in business just over 7 months, would we be able to get a business credit card. We have an ABN and are registered for GST Thanks
    Roland B Bleyer - Founder


    25 October 2019
    Hi Chris, typically I would suggest you apply when your business is at least 12 months old. It is hard to get approved otherwise. 1 year of trading is the basic amount of time banks expect before giving credit.
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