American Express Westpac Altitude Black Bundle – Qantas

Enjoy up to 120,000 bonus Qantas Points when you meet the spend requirements and earn points for your everyday spending with both an Amex and a Mastercard.

The American Express Westpac Altitude Black Qantas credit card bundle offers you the high earn rate of an American Express credit card alongside the convenience of a Mastercard. This gives you two ways to earn Qantas Points for your everyday credit card spending.

If you apply for this two-card bundle by 11 June 2018 and opt-in to Altitude Qantas Rewards, you will earn a bonus 80,000 Qantas Points on the Mastercard by spending $5,000 on eligible purchases in the first 90 days. You’ll also earn a bonus 40,000 Qantas Points when you make $3,000 worth of eligible purchases on the Amex card in the first 90 days, giving you the potential to collect 120,000 bonus points through this offer.

Product NameAmerican Express Westpac Altitude Black Bundle - Qantas
Rewards ProgramQantas Frequent Flyer
Purchase rate (p.a.)20.24% p.a.
Offer end date11 June 2018
Annual fee$499 p.a.
Interest Free Period
The interest-free period on purchases is the period or number of days you do not have to pay interest on your card purchases. You will be charged interest either from the day you make a purchase or from the statement date, unless you pay the closing balance in full by the due date (or within the interest-free period) on your statement.
Up to 45 days on purchases
Cash advance rate (p.a.)20.74% p.a.
Card TypeAmerican Express/Mastercard
Foreign Currency Conversion Fee (MC)
Foreign currency conversion fees are charged when you make a transaction that is converted by a credit card network, such as MasterCard, Visa or American Express, from Australian dollars to a foreign currency. You’ll also incur a currency conversion fee if you make a purchase or obtain a cash advance in Australian dollars while overseas or shopping online with a foreign merchant or financial institution.
3% of transaction value
Foreign Currency Conversion Fee (AMEX)
Foreign currency conversion fees are charged when you make a transaction that is converted by a credit card network, such as MasterCard, Visa or American Express, from Australian dollars to a foreign currency. You’ll also incur a currency conversion fee if you make a purchase or obtain a cash advance in Australian dollars while overseas or shopping online with a foreign merchant or financial institution.
3% of transaction value
Complimentary Travel InsuranceYes
Minimum Income$65,000
Minimum Age18 years of age
Available To Temporary ResidentsNo
Annual fee$499 p.a.
Late Payment Fee$30 Amex & $15 Westpac
Foreign Currency Conversion Fee
Foreign currency conversion fees are charged when you make a transaction that is converted by a credit card network, such as MasterCard, Visa or American Express, from Australian dollars to a foreign currency. You'll also incur a currency conversion fee if you make a purchase or obtain a cash advance in Australian dollars while overseas or shopping online with a foreign merchant or financial institution.
3%
3%
of transaction value
Additional Cardholder Fee$0

Pros

  • Receive 120,000 bonus Qantas Points (80,000 on the Mastercard and 40,000 on the Amex) when you spend $8,000 ($5,000 on the Mastercard and $3,000 on the Amex) within the first 90 days of card approval.
  • Earn up to 2 rewards points for your spending, uncapped.
  • Receive complimentary retail and travel insurance covers.
  • Two complimentary visits per year to the international Amex airport lounge in Sydney or Melbourne and two complimentary Qantas Club lounge invitations.

Cons

  • These cards have an interest-free period of only up to 45 days on purchases as compared to other cards that offer up to 55 days interest-free.
  • The combined annual fee of $499 is high, even compared to other black card offerings.
Rewards ProgramQantas Frequent Flyer
Bonus Points120,000 bonus points
Rewards Points per $ spent (VISA/MC)0.75
Rewards Points per $ (VISA/MC) CapUncapped
Rewards Points per $ spent (AMEX)1.25
Rewards Points per $ (AMEX) CapUncapped

Review of the American Express Westpac Altitude Black Qantas Bundle

With the American Express Westpac Altitude Black Qantas bundle, you get one credit card that’s managed directly by American Express as well as one Mastercard that’s managed by Westpac in a single application. This means each card has a separate credit limit, statement and annual fee, as well as different point earn rates and benefits.

The Amex card offers 2 Qantas Points per $1 on eligible foreign currency spending, 1.25 points per $1 spent on eligible purchases in Australia and 0.5 points per $1 for spending with government bodies in Australia (such as the ATO). It also offers two complimentary passes to the American Express Lounge at either Sydney or Melbourne international airport. The Mastercard offers 0.75 Qantas Points per $1 spent on eligible purchases, as well as two Qantas Club lounge invitations per year. A key detail to keep in mind with these cards is that you can only get the Amex card by applying for this bundle, while you could apply for the Westpac Altitude Black Qantas Mastercard on its own.

Features and benefits of the American Express Westpac Altitude Black Qantas Bundle

Here are the highlights of this American Express Westpac Altitude credit card bundle:

  • Bonus Qantas Points. This bundle offers up to 120,000 Qantas Points when you apply by 11 June 2018 and meet the spend requirements for each card. With the Mastercard, you’ll earn a bonus 80,000 Qantas Points when you spend $5,000 on eligible purchases in the first 90 days from account opening. You will get another 40,000 Qantas Points when you use the Amex card to make $3,000 worth of eligible purchases in the first 90 days.
  • Qantas Points per $1 spent. The American Express card offers 2 Qantas Points per $1 on eligible purchase made in a foreign currency, 1.25 Qantas Points per $1 on eligible spending in Australia and 0.5 points per $1 on eligible spending with government bodies in Australia. The Mastercard offers 0.75 Qantas Points per $1 spent on eligible purchases. Both cards have uncapped earn rates. Note that you cannot earn points for ATO payments spending with the Mastercard.
  • Complimentary insurance. The American Express Westpac Altitude Black Qantas bundle comes with complimentary overseas travel insurance, transit accident insurance and extended warranty insurance.
  • Airport lounge access. You’ll get two complimentary entries per year to the American Express Lounge at Sydney or Melbourne International Airports with the Amex card, while the Mastercard gives you two complimentary Qantas Lounge invitations per year after your first Altitude Black Card spend on selected Qantas products and services. Note that you must first register and opt in to get the Qantas Lounge passes.
  • Amex benefits. Enjoy exclusive shopping and lifestyle offers through Amex Offers and get access to exclusive discount and pre-sale ticket offers through Amex Invites.

Rates and fees for the American Express Westpac Altitude Black Qantas Bundle

Weigh up these costs when comparing the American Express Westpac Altitude Black Qantas Bundle with other options:

  • Annual fee. With this bundle, you’ll pay a $199 annual fee for the American Express card and a $250 annual fee for the Mastercard. There is also a $50 annual fee for choosing Qantas Rewards, which is applied to the Mastercard account. This means you'll pay a total of $499 per year for this two-card option.
  • Purchase rate. Both the American Express card and the Mastercard has a standard variable interest rate of 20.24% p.a. for purchases.
  • Cash advance rate. The Westpac Altitude Black Qantas Mastercard has a cash advance interest rate of 20.74% p.a. Note that you cannot use the Amex card for cash advance transactions.
  • Interest-free days. Both the Amex and Mastercard offer up to 45 days interest-free on purchases if you pay your account balance in full by the due date on each statement.
  • Foreign transaction fee. If you use either card to make purchases in a foreign currency, a fee worth 3% of the transaction will apply.

How to apply for the American Express Westpac Altitude Black Qantas Bundle

If you’re an existing Westpac Altitude customer that’s eligible for this bundle, Westpac will send you an invitation to apply via Online Banking, email or in the post. You can then apply online using your Personal Offer Code.

If you’re a new customer, you can apply for the American Express Westpac Altitude Black Qantas bundle online. Get started by checking that you meet the eligibility requirements and making sure you have all the relevant documents and details ready for the application.

The American Express Westpac Altitude Black Qantas Card bundle gives you a way to continue to earn Qantas Points through Westpac’s Altitude Qantas program with an American Express credit card and a Mastercard. As this type of bundled account is a relatively new option on the credit card market, make sure you consider all the features and factors to help you decide if this card will work for you.

Back to top
Was this content helpful to you? No  Yes

Ask an Expert

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, read the PDS or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms and Conditions and Privacy Policy.

Credit Cards Comparison

Rates last updated May 21st, 2018
Name Product Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee Product Description
Westpac Low Rate - Online Offer
13.49% p.a.
0% p.a. for 26 months with 2% balance transfer fee
$0 p.a. annual fee for the first year ($59 p.a. thereafter)
Take advantage of 0% p.a. for 26 months on balance transfers with a one-time 2% balance transfer fee and a $0 first year annual fee.
Virgin Money Low Rate Credit Card
11.99% p.a.
0% p.a. for 14 months
$49 p.a.
Offers a discounted annual fee, $100 cashback when you meet the spend requirement and up to 14 months on balance transfers.
HSBC Platinum Credit Card
19.99% p.a.
0% p.a. for 22 months with 2% balance transfer fee
$0 p.a. annual fee for the first year ($129 p.a. thereafter)
Offers a 0% p.a. for 22 months balance transfer, $0 annual fee for the first year and an annual fee refund each year when you spend $6,000.
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
20.74% p.a.
0% p.a. for 18 months
$64 p.a. annual fee for the first year ($129 p.a. thereafter)
Take advantage of 0% p.a. on balance transfers for up to 18 months. $64 in the first year ($129 p.a. thereafter), plus, bonus Velocity Points.

Compare up to 4 providers

* The credit card offers compared on this page are chosen from a range of credit cards finder.com.au has access to track details from and is not representative of all the products available in the market. Products are displayed in no particular order or ranking. The use of terms 'Best' and 'Top' are not product ratings and are subject to our disclaimer. You should consider seeking independent financial advice and consider your own personal financial circumstances when comparing cards.

Ask a question
Go to site