Westpac Altitude Black – Velocity
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Receive 80,000 bonus Velocity Points, 50 Status Credits and complimentary Economy X Seat Upgrade vouchers with the Westpac Altitude Black.
The Westpac Altitude Black - Velocity is packed with rewards and premium perks including complimentary lounge passes, travel insurance covers, a personal concierge service and Economy X Seat Upgrade Vouchers.
80,000
Bonus points
20.49% p.a.
Purchase rate
0.75
Reward points
Per $ spent (Visa/Mastercard)
$300 p.a.
Annual fee
Details
| Product Name | Westpac Altitude Black - Velocity |
|---|---|
| Rewards Program | Velocity Frequent Flyer |
| Purchase Rate | 20.49% p.a. |
| Annual Fee | $300 |
| Interest Free Period | 45 days |
| Cash Advance Rate | 21.49% p.a. |
| Minimum Credit Limit | $15,000 |
| Maximum Credit Limit | $75,000 |
| Card Type | Mastercard |
| Foreign Currency Conversion Fee (Visa/Mastercard) | 3% of transaction value |
| Complimentary Travel Insurance | Yes |
| Minimum Income | $75,000 |
|---|---|
| Minimum Age | 18 years of age |
| Available to Temporary Residents | Yes - Conditions apply |
| Joint Application | No |
Pros
- 80,000 bonus Velocity Points when you spend $4,000 on eligible purchases within the first 90 days.
- 50 status credits when you spend an additional $6,000 in the first year.
- 2 complimentary Economy X Seat Upgrade Vouchers each year.
- 2 complimentary domestic Virgin Australia lounge passes per year
- Complimentary insurance covers including overseas travel, extended warranty and purchase security.
Cons
- There is an interest-free period of only up to 45 days days on purchases as compared to other cards that offer up to 55 days interest-free.
- This card charges a relatively high annual fee of $300 (includes Altitude Velocity fee).
| Rewards Program | Velocity Frequent Flyer |
|---|---|
| Bonus Points | 80,000 bonus points |
| Rewards Points per $ spent (Visa/Mastercard) | 0.75 |
| Annual Fee | $300 |
|---|---|
| Minimum Monthly Repayment | 2% of the closing balance or $10, whichever is greater |
| Late Payment Fee | $15 |
| Foreign Currency Conversion Fee (Visa/Mastercard) | 3% of transaction value |
| Cash Advance Fee | 2% or $2.50, whichever is greater |
| Overseas Cash Advance Fee | 2% |
| Additional Cardholder Fee | $0 |
| Number of Additional Cardholders | 1 |
Expert review
Review by
Amy Bradney-George
amy.bradney-george@finder.comAmy is an editor and writer at finder.com.au with more than 10 years experience covering credit cards, personal finance and various lifestyle topics. When she’s not sharing her knowledge on money matters, Amy spends her time as an actress.
