American Express Westpac Altitude Black Bundle – Qantas

Enjoy up to 120,000 bonus Qantas Points when you meet the spend requirements and save $199 with a reduced first year annual fee.

The American Express Westpac Altitude Black Qantas credit card bundle offers you the higher 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 spending.

If you apply for this two-card bundle by 27 November 2018 and opt-in to Altitude Qantas Rewards, you will earn a bonus 80,000 Qantas Points on the Mastercard by spending $3,000 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. Plus, a reduced $300 annual fee for the first year, saving you $199.

Product NameAmerican Express Westpac Altitude Black Bundle - Qantas
Rewards ProgramQantas Frequent Flyer
Purchase rate (p.a.)20.24% p.a.
Offer end date27 November 2018
Annual fee$300 p.a. annual fee for the first year ($499 p.a. thereafter)
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$300 p.a. annual fee for the first year ($499 p.a. thereafter)
Late Payment Fee$30 Amex & $15 Westpac
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
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
Additional Cardholder Fee$0

Pros

  • Enjoy a reduced $300 annual fee for the first year.
  • Receive 120,000 bonus Qantas Points (80,000 on the Mastercard and 40,000 on the Amex) when you spend $6,000 ($3,000 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

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:

  • Save with a $300 first year annual fee. Sign up by 27 November 2018 and pay only the $250 annual fee for the Mastercard and $50 Qantas Rewards fee in the first year, saving you the $199 American Express annual fee.
  • Bonus Qantas Points. This bundle offers up to 120,000 Qantas Points when you apply by 27 November 2018 and meet the spend requirements for each card. With the Mastercard, you’ll earn a bonus 80,000 Qantas Points when you spend $3,000 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. Outside of any promotions, 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 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.

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8 Responses

  1. Default Gravatar
    September 19, 2018

    Thanks again Jhezelyn. I assume the same applies to cancelling the MasterCard, ie. you can cancel the MasterCard without affecting the Amex card.

    • finder Customer Care
      JhezelynSeptember 19, 2018Staff

      Hello Paul,

      Thank you for your response.

      That’s right. Still best to confirm both with Westpac as they are the issuer.

      Should you wish to have real-time answers to your questions, try our chat box on the lower right corner of our page.

      Regards,
      Jhezelyn

  2. Default Gravatar
    PaulSeptember 17, 2018

    If you have the bundled cards are there any limitations on, or consequences from, later cancelling one of the cards?

    • finder Customer Care
      JhezelynSeptember 17, 2018Staff

      Hello Paul,

      Thank you for your comment.

      Please note that you cannot cancel the Westpac Altitude credit card (either Mastercard/Visa) because this is where the rewards points are collected. However, Westpac confirmed that you can cancel the Amex card as this is just an optional component.

      Please contact Westpac directly for the cancellation, or contact American Express using the phone number found at the back of the Amex card.

      When cancelling a credit card, you may want to check the steps you should take before calling your bank:
      – Pay off your balance
      – Call your bank first
      – Stand firm
      – Send written notice
      – Cancel any direct debits
      – Transfer or use any remaining rewards points

      Please check out how to close and cancel your credit card account guide for more details.

      Should you wish to have real-time answers to your questions, try our chat box on the lower right corner of our page.

      Regards,
      Jhezelyn

    • Default Gravatar
      September 18, 2018

      Previously when Westpac issued both the bundled MasterCard and Amex card we needed to keep both. Now that the Amex card is issued directly by Amex I am wondering if that still applies. I assume not as the cards are no longer directly linked.

    • finder Customer Care
      JhezelynSeptember 18, 2018Staff

      Hello Paul,

      Thank you for your response.

      Since Amex card is just an optional component for this bundle, yes you can cancel it by contacting Westpac or directly contact American Express.

      Should you wish to have real-time answers to your questions, try our chat box on the lower right corner of our page.

      Regards,
      Jhezelyn

  3. Default Gravatar
    ChrisAugust 29, 2018

    If I have only just cancelled an American Express credit card, will I still be eligible for the American Express bonus Qantas points?

    • finder Customer Care
      JoelAugust 29, 2018Staff

      Hi Chris,

      Thanks for leaving a question on finder.

      To be eligible for this offer you need to be a new customer which means you have not held an AMEX/Westpac credit card in the last 12 months. However, whether you’re making purchases, collecting points or paying off debt, use our credit card comparison tools to find a card that works for you by clicking HERE.

      Cheers,
      Joel

Credit Cards Comparison

Rates last updated October 17th, 2018
Name Product Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee Product Description
NAB Low Fee Platinum Card - Exclusive Offer
19.74% p.a.
0% p.a. for 25 months
$90 p.a.
finder Exclusive: Take advantage of 0% p.a. interest for 25 months on balance transfers with no balance transfer fee.
Qantas Premier Everyday
19.99% p.a.
4.9% p.a. for 24 months
$0 p.a. annual fee for the first year ($49 p.a. thereafter)
Take advantage of up to 40,000 bonus Qantas Points, a $0 first year annual fee plus complimentary overseas travel insurance.
Westpac Low Rate Card
13.49% p.a.
0% p.a. for 24 months with 1% balance transfer fee
$0 p.a. annual fee for the first year ($59 p.a. thereafter)
Offers a 0% for 24 month balance transfer option, first year annual fee waiver and a competitive purchase rate.
ANZ Low Rate
12.49% p.a.
0% p.a. for 15 months
$58 p.a.
Save with a 0% p.a. introductory rate on balance transfers for 15 months with no BT fee. Plus a low 12.49% p.a. interest rate on purchases.
Citi Clear Platinum Credit Card
12.99% p.a.
0% p.a. for 14 months
$0 p.a. annual fee for the first year ($99 p.a. thereafter)
Offers a 0% p.a. for 14 months balance transfer and $0 first year annual fee. Plus, insurance covers and Citibank Dining Program perks.
NAB Qantas Rewards Signature Card
19.99% p.a.
0% p.a. for 6 months with 2% balance transfer fee
$295 p.a. annual fee for the first year ($395 p.a. thereafter)
Collect 90,000 bonus Qantas Points when you spend $4,000 within 60 days of account opening. Plus, a $295 annual fee in the first year.
St.George Vertigo Platinum
12.74% p.a.
0% p.a. for 26 months with 2% balance transfer fee
$0 p.a. annual fee for the first year ($99 p.a. thereafter)
Offers a long-term balance transfer, $0 first year annual fee, complimentary travel insurance and access to a 24/7 personal concierge service.

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.

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