American Express Westpac Altitude Platinum Bundle

Score up to 75,000 bonus Altitude Points when you meet the spend requirement and enjoy the spend power of a Visa and an Amex.

The American Express Westpac Altitude Platinum card bundle offers the flexibility of spending with a Visa and the prestige of an American Express. New cardholders can look forward to bonus points on sign up, 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.

Product NameAmerican Express Westpac Altitude Platinum Bundle
Rewards ProgramWestpac Altitude Rewards
Purchase rate (p.a.)20.24% p.a.
Offer end date11 June 2018
Annual fee$199 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/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 InsuranceYes
Minimum Income$50,000
Minimum Age18 years of age
Available To Temporary ResidentsNo
Annual fee$199 p.a.
Late Payment Fee$30 Amex & $15 Westpac
Cash Advance Fee2% of transaction or a minimum of $2.50 on Visa
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 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 annual fee of $199 is relatively high.
Rewards ProgramWestpac Altitude Rewards
Bonus Points75,000 bonus points
Rewards Points per $ spent (VISA/MC)1
Rewards Points per $ (VISA/MC) CapUncapped
Rewards Points per $ spent (AMEX)2
Rewards Points per $ (AMEX) CapUncapped

Review of the American Express Westpac Altitude Platinum Bundle

When you apply for the Westpac Altitude Platinum bundle, you’ll get a Visa card as well as an American Express. You cannot get the American Express card on its own, you can only apply for the Amex card if you already have (or are applying for) the Westpac Altitude Platinum Visa.

This card is linked with the Altitude Rewards program, so you can earn Altitude Points as you spend. If you apply by 11 June 2018 and 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 American Express, you’ll also score a bonus 15,000 points. That’s a total of 75,000 bonus Altitude points! These rewards come at the cost of a combined $199 annual fee ($150 for the Visa and $49 for the Amex).

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 a total of 75,000 bonus points with this card. 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 spend $3,000 on eligible purchases in the first 90 days of approval with your Amex, you’ll earn 15,000 bonus Altitude Points. To give you an example, that’s enough points to redeem a David Jones eGift Card (63,000 points) or exchange them for 37,500 Velocity Points. This offer is only available if you apply by 11 June 2018.
  • 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.
  • Interest-free days. If you pay your balance in full, you can save on future purchases with up to 45 interest-free days.

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. Each year you’ll pay $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 purchase interest rate of 20.24% p.a.
  • 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.


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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8 Responses

  1. Default Gravatar
    tammyMarch 28, 2018

    Does this card allow access to airport lounges?

    • Staff
      NikkiMarch 28, 2018Staff

      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

  2. Default Gravatar
    RussellMarch 24, 2018

    What points will be received on the AMX Westpac Altitude Platinum card for purchases from Aust Post?

    • Default Gravatar
      RussellMarch 28, 2018

      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

    • Staff
      MayMarch 28, 2018Staff

      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

    • Staff
      MayMarch 27, 2018Staff

      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

  3. Default Gravatar
    CarolMarch 1, 2018

    How do I apply for the new American Express Platinum Card before 15th March 2018 ?

    • Staff
      JhezelynMarch 3, 2018Staff

      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

Credit Cards Comparison

Rates last updated May 27th, 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.
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.
NAB Low Fee Card
19.74% p.a.
0% p.a. for 18 months with 2% balance transfer fee
$30 p.a.
Receive complimentary purchase protection insurance, a 18 month balance transfer offer and special offers from Visa Entertainment.
Citi Platinum Credit Card - 100k Bonus Points
20.99% p.a.
0% p.a. for 15 months with 1% balance transfer fee
$49 p.a. annual fee for the first year ($149 p.a. thereafter)
Earn 100,000 reward Points, enjoy a long-term balance transfer offer, a discounted first year annual fee and complimentary travel insurance.

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