American Express Westpac Altitude Platinum Bundle
- Receive up to 75,000 bonus points
$0 annual fee in the first year
Offer ends 27 November 2018
Eligibility criteria, terms and conditions, fees and charges apply
Collect up to 75,000 bonus Altitude Points when you meet the spend requirement and save with a $0 annual fee for the first year.
The American Express Westpac Altitude Platinum card bundle offers the flexibility of spending with a Visa and the prestige of an American Express. When you apply by 27 November 2018, you'll score up to 75,000 bonus Altitude Points when you meet the spend requirement, plus you can also save with $0 annual fee for the first year with this offer. Cardholders can also look forward to earning Altitude Points for every $1 spent on eligible purchases and extra perks including complimentary travel insurance and access to Amex Invites.
This review explains how this card bundle works plus the rates, fees and features you can expect if you apply. If you prefer frequent flyer points, you could also consider the American Express Westpac Altitude Platinum - Qantas bundle.
| Product Name | American Express Westpac Altitude Platinum Bundle |
|---|---|
| Rewards Program | Westpac Altitude Rewards |
| Purchase rate (p.a.) | 20.24% p.a. |
| Offer end date | 27 November 2018 |
| Annual fee | $0 p.a. annual fee for the first year ($199 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 Type | American Express/Visa |
| Foreign Currency Conversion Fee (VISA) 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 Insurance | Yes |
| Minimum Income | $50,000 |
|---|---|
| Minimum Age | 18 years of age |
| Available To Temporary Residents | No |
| Annual fee | $0 p.a. annual fee for the first year ($199 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 (VISA) 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 |
| Cash Advance Fee | 2% of transaction or a minimum of $2.50 on Visa |
| Additional Cardholder Fee | $0 |
Pros
- Pay no annual fee in the first year.
- Receive up to 75,000 bonus Altitude Points (60,000 on the Visa and 15,000 on the Amex) when you spend $6,000 ($3,000 on the Visa and $3,000 on the Amex) within the first 90 days of card approval.
- Earn up to 3 rewards points for your spending, uncapped.
- Receive complimentary retail and travel insurance covers.
- Gain access to Amex Offers and Amex Invites.
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 standard annual fee of $199 is relatively high.
| Rewards Program | Westpac Altitude Rewards |
|---|---|
| Bonus Points | 75,000 bonus points |
| Rewards Points per $ spent (VISA/MC) | 1 |
| Rewards Points per $ (VISA/MC) Cap | Uncapped |
| Rewards Points per $ spent (AMEX) | 2 |
| Rewards Points per $ (AMEX) Cap | Uncapped |
Features and benefits of the American Express Westpac Altitude Platinum Bundle
These are the benefits you can look forward to with the American Express Westpac Altitude Platinum Bundle:
- Bonus points. You can earn up to a total of 75,000 bonus points when you apply for this card bundle by 27 November 2018. When you spend $3,000 on eligible purchases in the first 90 days of approval with your Visa, you’ll get 60,000 bonus points. If you meet the same spend requirement with your Amex, you’ll earn 15,000 bonus Altitude Points. If you've held a Westpac Altitude Platinum Visa or Westpac Altitude Black Mastercard within the last 12 months, you are not eligible for the bonus points promotion.
- Annual fee waiver. When you sign up by 27 November 2018, you'll save with $0 annual fee for the first year. This reverts to $199 p.a. thereafter.
- Standard earn rates. With the American Express, you’ll earn 3 Altitude Points per $1 spent on purchases in a foreign currency, 2 Altitude Points per $1 spent in Australia as well as 1 Altitude Point per $1 spent on government transactions (such as ATO bills). On the Visa, you’ll earn 1 Altitude Point per $1 spent.
- Rewards and frequent flyer options. You can redeem your points for merchandise (such as homewares, technology and experiences) from the Altitude Rewards store or exchange them for frequent flyer points with partnered programs including Virgin Australia's Velocity, Cathay Pacific Asia Miles, Air New Zealand Airpoints, Malaysia Airlines Enrich and Singapore Airlines KrisFlyer. You should consider the exchange rates before you move your Altitude Points to frequent flyer points though. For example, you’ll receive 1 Velocity Point for every 2 Altitude Points. If you prefer frequent flyer points, you could also consider the American Express Westpac Altitude Platinum - Qantas bundle.
- Complimentary insurances. You can shop and travel with peace of mind thanks to complimentary retail and travel insurance covers.
- Access to Amex Offers and Amex Invites. Thanks to your American Express card, you’ll get access to exclusive discounts, dining perks with participating restaurants, pre-sale access to concert and events, passes to Amex Invites lounges at specific venues.
Rates and fees of the American Express Westpac Altitude Platinum Bundle
Weigh up these account costs to help you decide if the American Express Westpac Altitude Platinum Bundle suits your needs:
- Annual fee. This card has a standard $150 annual fee for the Visa and $49 for the American Express. That's a combined annual fee of $199 p.a.
- Purchase interest rate. These cards have a variable purchase interest rate of 20.24% p.a.
- Interest-free days. If you pay your balance in full, you can save on future purchases with up to 45 interest-free days.
- Cash advance interest rate. If you use the Visa to make a cash advance (such as an ATM withdrawal), you’ll be charged 20.74% p.a. You can’t use the American Express to make cash advances.
- Foreign transaction fee. If you use either of these cards overseas or to shop online with an international merchant, you’ll be charged a foreign currency fee worth 3% of the transaction amount.
- Additional card fee. There is $0 additional card fee if you want to add a secondary cardholder to your account.
How to apply for the American Express Westpac Altitude Platinum Bundle
If you’re already an existing Westpac Altitude Platinum card customer, you can only apply for the Amex card if you’ve been invited to via Online Banking, email or post. If you were invited, you should’ve received a promotional code which you can use to apply. If you are a new Altitude Platinum customer, you can only apply for the American Express card if you also apply for the Visa card.
If you want to take advantage of the bonus points offer and annual fee waiver, you must apply by 27 November 2018. You can apply for the card online and the application should only take around 10 minutes. For this two-card bundle, you submit only one application to Westpac and then your information is passed on to American Express. Before you apply, make sure you meet the eligibility requirements and have the necessary documents on hand:
Eligibility criteria
You should only apply for this card if:
- You're at least 18 years old.
- You're a permanent Australian resident.
Necessary documents and information
You'll need to provide the following information to complete your application:
- Personal details. You'll need to include personal details including your full name, address and contact details.
- Identification. You can verify your identity by providing copies of your Australian driver's licence, Medicare card, Australian passport or foreign tax details if necessary.
- Income and expenses. You'll need to provide recent payslips or bank statements.
- Employment details. You'll need to include employment details including where you work and how long you've been employed there.
The American Express Westpac Altitude Platinum offers competitive earn rates and complimentary extras. But as it’s not the only rewards card on the market, it’s best to compare a few options before you apply. Although this card is bundled with the two platinum products together, you can apply for the Westpac Altitude Black and the American Express Westpac Altitude Platinum bundled together or vice versa depending on the perks you want from your card and the eligibility criteria you satisfy.
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Hi.
If i Spend $3000 in first 90days on my westpac card alone, then how many bonus points will i get?
If i spend $1500 on westpac and $1500 on Amex in first 90days.will u get any bonus points??
If i cancel one card after an year , can i still keep another card
Appreciate your help
Thank you
Hi San,
Thank you for reaching out to finder!
1. If I spend $3000 in first 90 days on my Westpac card alone, then how many bonus points will I get?
-You will receive 60,000 bonus Qantas or Altitude Points when you spend $3,000 on eligible purchases on your new Westpac Altitude Platinum Visa Card within 90 days of card approval.
2. If I spend $1500 on Westpac and $1500 on Amex in first 90 days. Will I get any bonus points?
-You will not be eligible to receive the bonus points on both Westpac Altitude Platinum Visa and Amex cards however, you may still earn points as follows:
American Express Westpac Altitude Platinum Card
3 Altitude Points for every $1 spent on eligible purchases in foreign currency,
2 Altitude Points for every $1 spent on eligible purchases in Australia
1 Altitude Point for every $1 spent at government bodies in Australia such as Australia Post & the Australian Taxation Office
Westpac Altitude Platinum Visa Card
Altitude Point for every $1 spent on eligible purchases.
3. If I cancel one card after a year, can I still keep another card?
-You cannot cancel the Westpac Altitude Visa credit card because this is where the reward points are collected. However, you can cancel the Amex card as this is just an optional component. If you want to cancel the Amex card, you may also call American Express using the phone number written at the back of the Amex card.
Cheers,
Charisse
Hello!
Can the bonus points be transferred to Qantas points? 1:1 transfer rate etc?
Tristan
Hi Tristan,
Thank you for getting in touch with finder.
The process for transferring frequent flyer points from a rewards credit card varies depending on the credit card provider and the frequent flyer program. Since this offer will give you 2 credit cards, you have to transfer them to Qantas FF differently.
On this page, it will show you the Westpac Altitude Rewards program that you can convert points to a selection of major international airline frequent flyer programs. However Qantas FF is not part of it so I suggest that you verify it with them. You may call the Altitude Reward Centre at 1300 887 820 from 8am – 8pm (AEST), Monday to Friday excluding National Public Holidays.
As a friendly reminder, while we do not represent any company we feature on our pages, we can offer you general advice.
Now for the Amex card that earns Membership Rewards, you can transfer points to a wide range of frequent flyer programs using the following steps:
-Log into your account.
-Link your frequent flyer membership number to your Membership Rewards account.
-Select the ‘redeem’ option.
-Follow the prompts to transfer your Membership Reward points to your chosen frequent flyer program.
1 Membership Rewards point = 0.5 Qantas Points
Please note that the minimum transfer amount is 2,000 points. This is only available for cardholders enrolled in the Business Ascent and Ascent Premium programs.
I hope this helps.
Have a great day!
Cheers,
Jeni
I previously had Westpac Altitude Black (not the Qantas version) in the past 12 months. If I apply for this one, will I still be eligible? As this one is the altitude points bonus, not the Qantas.
Hi Lala,
Thank you for your comment.
According to Westpac, existing Westpac customers who currently hold an Altitude Platinum Visa Card or Altitude Black Mastercard, or who have held one in the last 12 months, are not eligible for the said offer. Hence, you’re not qualified to receive the points unfortunately.
Regards,
Jhezelyn
Could I convert the 90,000 bonus Altitude Points to Krisflyer points? Please advise.
Hi Ed,
Thank you for your comment.
Yes, you may convert Altitude points to Krisflyer points. Altitude points currently translate to KrisFlyer on a 2:1 basis (2 Altitude points = 1 KrisFlyer mile), with a minimum conversion of 3,000 Altitude points for 1,200 KrisFlyer Miles at a time and higher transfers accepted in multiples of 500 points.
Regards,
Jhezelyn
Hi – are existing AMEX cardholders still eligible for the 15K bonus points if the minimum spend is met?
Hi Sam,
Thank you for visiting finder.
Yes, you may still avail the 90,000 bonus points if you are an existing AMEX cardholder as long as it is not Altitude Platinum Visa Card or Altitude Black Mastercard. To avail the bonus points, you must submit your application before July 31, 2018 and meet the spend requirements within 90 days of your cards’ approval.
I hope this helps.
Let us know if there is anything else that we may assist you with.
Cheers,
Ash
$0 annual fee for first year – Does this still apply if I previously held a westpac Altitude Black (not platinum) Credit card (this account was closed in Nov 2017)
Cheers
Hi KT,
Thank you for getting in touch with finder.
You would still be eligible for the $0 first year annual fee waiver. Unfortunately because you have held a Westpac Altitude Card (Black or Platinum) within the last 12 months, you are ineligible for the bonus points promotion.
Cheers,
Jeni
Does this card allow access to airport lounges?
Hi Tammy!
Thanks for your message and for contacting finder.
The American Express Westpac Altitude Platinum does not have access to airport lounges.
Hope this helps!
Regards,
Nikki
What points will be received on the AMX Westpac Altitude Platinum card for purchases from Aust Post?
Hi May
Thank you for your reply. My question is, if I use the new American Express Altitude Platinum card to purchase Australia Post products, how many Altitude points per dollar spent.
Thank you
Regards,
Russell
Hi Russell,
Thanks for getting back. Yes, that’s correct. If you pay direct to the post office and they will treat it as a purchase, you will earn points for that transaction. The ratio is 2 Altitude Rewards points per dollar spent.
Cheers,
May
Hi Russell,
Thanks for your inquiry.
Depending on which rewards you would opt in to or a member of, you can earn Qantas points or Altitude Rewards on your eligible purchases. You may need to contact Westpac to confirm the rewards program you’ll choose.
Cheers,
May
How do I apply for the new American Express Platinum Card before 15th March 2018 ?
Hi Carol,
Thank you for your comment.
For now, you can only apply for the American Express Westpac Altitude Platinum Card if you’re an existing Westpac Altitude customer.You will receive an invitation via Online Banking, email or in the post. This includes a Personal Offer Code that you’ll need to quote when you apply.
Regards,
Jhezelyn