Westpac Altitude Rewards

Westpac's Altitude Rewards is the bank's credit card loyalty program. Use a Westpac Altitude credit card and you'll earn points on your spending, which you can redeem for gift cards, travel, cashbacks, or transfer to Velocity Points.

Key takeaways

  • With a Westpac Altitude Rewards credit card, you'll earn Altitude Points per $1 on your everyday credit card spending. You can also get tens of thousands of bonus points with a new card offer.
  • You can spend Altitude Points on rewards including gift cards, cashback, travel and retail items.
  • You can also convert Altitude Points to airline partners, including Velocity Frequent Flyer, at a rate of 3 Altitude Points to 1 Velocity Points.

How to earn Westpac Altitude Rewards Points

You'll automatically earn points for your eligible spending with a Westpac Altitude Rewards card. The number of points depends on the Westpac Altitude Rewards card and the type of spending.

Credit cardEarn rate
Westpac Altitude Platinum Card
  • 3 Altitude Points per $1 on flights purchased in Australia directly with Qantas or Jetstar (up to $10,000 per calendar month, then 1 point per $1 spent).
  • 2 Altitude Points per $1 on overseas spend and with Spotify Premium, Uber, Uber Eats and Airbnb.
  • 1 Altitude Point per $1 on all other eligible spending.
Westpac Altitude Black Card
  • 6 Altitude Points per $1 on flights purchased in Australia directly with Qantas, Jetstar, Emirates and Singapore Airlines (up to $10,000 per month, then 1.25 points per $1 spent).
  • Altitude Points per $1 spent at David Jones, Myer, THE ICONIC, Spotify Premium, Uber, Uber Eats and Airbnb.
  • 1.25 Altitude Points per $1 spent on all other eligible spending.
Westpac Altitude Business Platinum Credit Card
  • 2 Altitude Points per $1 on eligible overseas spending.
  • 1 Altitude Point per $1 on eligible business spending in Australia.
  • 0.5 Altitude Points per $1 on government payments.
  • No points cap.
Westpac Altitude Business Gold Credit Card
  • 1 Altitude Points per $1 on business purchases.
  • 0.5 Altitude Points per $1 on government payments.
  • 20,000 points cap per statement period.

Earn even more Altitude Points with an introductory bonus point offer

If you don't have a Westpac Altitude Rewards credit card right now, you could kick-start your rewards balance with an introductory bonus points offer. These deals usually give new cardholders thousands of bonus points for meeting a spend requirement.

For example, some cards offer around 120,000 bonus Altitude Points when you spend $3,000 in the first 3 months.

As with most rewards cards, the bonus point offers on Westpac Altitude Rewards cards are only available for a limited time, so check before you apply to see if there's a deal that you want.

What is eligible spending?

Most of your everyday spending is eligible to earn Altitude Rewards points, including supermarket shopping, petrol, dining out and entertainment. Transactions that are not considered eligible purchases include cash advances, BPAY payments, balance transfers and government charges (unless they're made with a Westpac Altitude Business Platinum Card).

Want to earn Qantas or Velocity Points with a Westpac credit card?

Westpac offers you a choice of earning Altitude Rewards points, Qantas Points and Velocity Points, with these frequent flyer card options:

When you apply, you just need to select your chosen rewards option and provide your frequent flyer details.

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Our expert says

"I'm often asked if there are any cards that earn Singapore Airlines KrisFlyer points in Australia. Altitude Rewards cards are a good option for this, since you can convert into KrisFlyer. Just remember that KrisFlyer points expire 3 years after you earn them, so don't convert just for the sake of it - make sure you then redeem them for a flight straight away."

Editor-at-large

What can you redeem with Altitude Rewards points?

Rewards are how you get value from this program, and redemptions start from 4,200 points with the following key categories:

  • Cashback. You can redeem points for between $50 and $1,000 cashback on your Westpac Altitude Rewards credit card account.
  • Frequent flyer points. If you're saving up points for flight rewards, you can transfer a minimum of 3,000 Altitude Rewards to Velocity Frequent Flyer, Air New Zealand Airpoints, Singapore Airlines KrisFlyer and Cathay Pacific/Asia Miles. The amount of frequent flyer points you'll get through a transfer aren't publicly listed on the Altitude Rewards website, but you'll see them when you log in to make a redemption.
  • Gift cards. The Altitude Rewards program offers a range of physical or digital gift cards from leading brands including Bunnings, David Jones, JB Hi-Fi and Woolworths.
  • Merchandise. You can shop for products on the Altitude Rewards store, including coffee machines, new tech gear and wine.
  • Travel. Use your points to book flights, accommodation, car hire and more directly through the Altitude Rewards website.

How much are Westpac Altitude Rewards points worth?

Finder's points calculator estimates each Altitude Rewards Point is worth 0.4 cents. You can get an estimate of the value for different amounts of points with this calculator.

Points-to-dollars calculator 💵

But there's no fixed value for Altitude Rewards points. It depends on how you spend them. Here are some values available on the Westpac Altitude Rewards website when we checked in November 2024:

  • Bose QuietComfort Noise Cancelling Headphones (White Smoke) retail for $449, or 132,150 Altitude Points. That equals 33 cents per Altitude Point.
  • A Dyson V10 Cord Free Vacuum retails for $799, or 287,125 Altitude Points. That equals 27 cents per Altitude Point.
  • A $50 cashback costs 14,100 Altitude Points. That equals 35 cents per Altitude Point.

How to get the most value from Altitude Rewards

Always choose rewards that you want or need, so you can at least save some cash. If there's nothing you want, keep saving points until you have enough for a reward you do want.

If you're planning to travel in the future, keep point transfers in mind as frequent flyer programs typically offer the most value per point when they are redeemed for flights.

How to redeem Altitude Rewards points

  1. Log in to your account on the Westpac Altitude Rewards website.
  2. Browse the range of rewards available or select your chosen reward.
  3. Click the "Add to cart" or "Redeem now" button and follow the prompts to complete your redemption.

How to transfer Altitude Points to Velocity Points

  • You need a minimum of 3,000 Altitude Points to transfer to Velocity Points for the first time. After that you can transfer multiples of 500.
  • You need to be a member of the Velocity Frequent Flyer program before you can transfer points.

To transfer points:

  1. Log in to your Altitude Rewards account through the Westpac app.
  2. Click Redeem Points > Airline Points > Altitude Travel
  3. Choose Velocity and enter the amount of points.
  4. Add to cart, add Velocity information to "transfer now"

Pros and cons of Westpac Altitude Rewards

Pros

  • Earn points for your spending. If you regularly use a credit card and usually pay your account balance in full each month, reward points are an easy way to get something back for your spending.
  • Bonus points. Westpac Altitude Rewards credit cards may offer introductory bonus points that can boost your balance when you first get a card. Just remember you'll need to meet the offer's spending requirements.
  • Frequent flyer partners. Westpac Altitude Rewards lets you transfer points to partnered frequent flyer programs and also gives you a way to earn Qantas Points or Velocity Points directly (instead of Altitude points).
  • Flexibility of rewards. From travel to shopping and cashback, you can choose how and when you redeem your points, which can also help you get more value from them.

Cons

  • Frequent flyer transfer rates. If your goal is to earn more frequent flyer points, you might find you get a higher earn rate from a frequent flyer card.
  • Interest rates. Unless you repay your balance in full each month, the interest charges could outweigh the value of the rewards.
  • Annual fee. Westpac Altitude Rewards credit cards have annual fees ranging from $150 to $295, with higher annual fees for Qantas or Velocity options. If the value of the rewards and benefits is less than the annual fee, this type of card may not be worth it.
  • International transaction fees. Personal Westpac Altitude Rewards cards offer higher earn rates for transactions made overseas, but also charge a 3% international transaction fee that will add to the cost when you're travelling or shopping online with businesses based overseas.

Finder survey: Which rewards points do people collect?

ResponseFemaleMale
Coles Flybuys82.34%76.1%
Woolworths Everyday Rewards82.34%75.3%
Qantas Points38.69%38.35%
Velocity Points26.39%29.72%
CommBank Awards10.12%12.85%
None of the above4.96%7.63%
ANZ Rewards5.56%6.83%
Amex Membership Rewards2.58%6.83%
Westpac Altitude Rewards3.37%5.62%
NAB Rewards4.37%5.42%
HSBC Rewards0.79%1.41%
Citi Rewards0.4%1%
Amplify Rewards0.6%0.6%
Source: Finder survey by Pure Profile of 1004 Australians, December 2023

FAQs about Westpac Altitude Rewards

If you want to learn more about this credit card rewards program, check out our answers to common questions. You can also use the comment box below to ask your own question.

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Editor

Amy Bradney-George was the senior writer for credit cards at Finder, and editorial lead for Finder Green. She has over 16 years of editorial experience and has been featured in publications including ABC News, Money Magazine and The Sydney Morning Herald. See full bio

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More guides on Finder

  • Westpac Low Rate Credit Card – Cashback Offer

    A no-frills card offering up to $350 back when you meet the spend requirement and a 13.74% p.a. interest rate on purchases.

  • Westpac Altitude Velocity Black

    A premium credit card offering up to 120,000 bonus Velocity Points, uncapped rewards points and complimentary insurance covers.

  • Westpac Altitude Velocity Platinum

    This platinum credit card offers up to 80,000 bonus Velocity points, uncapped points potential, a discounted first-year annual fee and complimentary insurance covers.

  • Westpac Low Rate Credit Card

    A no-frills card offering a 0% interest on balance transfers for the first 26 months and a 13.74% p.a. interest rate on purchases.

  • Westpac Altitude Qantas Platinum

    With bonus Qantas Points and a range of complimentary insurance covers, the Westpac Altitude Qantas Platinum is worth considering if you want more frequent flyer points.

  • Westpac Altitude Qantas Black

    The Westpac Altitude Qantas Black Card boasts bonus points, a competitive earn rate as well as travel perks and extra features.

  • Westpac Low Fee Credit Card

    Offers $0 annual fee in the first year and in the following years when you meet the spend requirement.

  • Westpac Altitude Black

    This black rewards credit card is packed with perks including uncapped points per $1 spent, airport lounge passes, complimentary travel insurance and up to 150,000 bonus points offer.

  • Westpac Altitude Platinum Credit Card

    This platinum rewards card comes with up to 120,000 bonus points offer and complimentary insurance for domestic and overseas travel. Is it worth it for you?

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2 Responses

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    JuneMarch 1, 2023

    what is the best way to use my altitude points

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