Westpac Altitude 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 Platinum Credit Card

If you apply by 31 March 2020, you can also benefit from 40,000 bonus Altitude points when you spend $2,000 within 90 days of card approval. Plus get 0% p.a. on balance transfers for 20 months.

What we love…

One of the great things about the Westpac Altitude Platinum Credit Card is its flexibility and that as a cardholder, you can choose to earn points on the Altitude program, or you can opt in to the Qantas program for an additional fee of $50. Regardless which program you choose, you can take advantage of 40,000 bonus points to get you started on your points-earning journey. In this review we will be taking a look at the Altitude Rewards. If you are want to earn Qantas points instead, please have a look at Westpac Altitude Platinum Credit Card – Qantas.

To get your hands on those bonus points is apply and be approved by 31 March 2020, and then spend $2,000 on eligible purchases within 90 days of card approval. After you have reached that spend, the bonus 40,000 Altitude points will be credited to your account within 12 weeks.

If you need to move over an existing credit card debt, the Westpac Altitude Platinum comes with 0% p.a. on balance transfers for 20 months. This offer ends 31 March 2020.

Altitude

So, should you choose Altitude or should you opt for Qantas? Let’s look at the Altitude program. If you opt in to Altitude, you can earn 1 Altitude point for every $1 you spend on eligible purchases. The points you earn can be redeemed within the Altitude Store for a wide range of gift cards, travel and products, such as tech, homewares and fashion.

Altitude Points earn rate on eligible purchases, uncapped:

• Earn 3 Altitude points per dollar spent up to $10,000 per calendar month on flights purchased in Australia directly with Qantas, Jetstar, and Virgin Australia, then 1 point per $1 spent thereafter.
• Earn 2 Altitude Points per dollar spent on overseas spend and with Spotify Premium, Uber, Uber Eats and AirBnb.
• Earn 1 Altitude Point per dollar spent on all other everyday eligible purchases.

If you’re a Velocity Rewards member, you may choose to convert your Altitude points to Velocity Points, either in a one-off transfer or by auto-redemption at a rate of 1 Velocity Point for every 2 Altitude Points. Within the Velocity program, 60,000 bonus Altitude points would convert to 30,000 Velocity points, allowing you to fly from Sydney to Singapore, or from Melbourne to Hong Kong (redeeming 27,800 Velocity points).

What’s not so great…

As most rewards card, the interest charge is not low and the Westpac Altitude Platinum Credit Card is no exception. With both the purchase rate and cash advance rate being relatively high, it’s best to avoid cash advances and to clear your balance month-to-month.

Why should you choose this card?

If you’re looking for a flexible rewards card with some nice extras on the side, the Westpac Altitude Platinum Credit Card could be well worth looking into. As a cardholder, you will pay an affordable annual fee (for a platinum rewards card, at least) of $150 p.a.

You also have the opportunity to earn points faster, by adding one additional cardholder at no extra cost. As for features, cardholders can benefit from a 24/7 personal concierge service, and a range of complimentary insurance covers, including cover for overseas travel, extended warranty, purchase security and transit accidents, as set out in the policy.

Overall Rating

The Westpac Altitude Platinum Credit Card is a flexible rewards card with platinum perks and 40,000 bonus Altitude points plus 0% p.a. on balance transfers for 20 months on offer.