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Westpac Altitude Black – Velocity

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Receive up to 120,000 bonus Velocity Points and yearly 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.

120,000

Bonus points

20.49% p.a.

Purchase rate

0.75

Reward points

Per $ spent

$300 p.a.

Annual fee

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Details

Product NameWestpac Altitude Black - Velocity
Rewards programVelocity Frequent Flyer
Balance transfer rate6.99% p.a. for 12 months
Balance transfer revert rateCash Advance Rate (21.49% p.a.)
Balance transfer limit80% of available limit
Purchase rate20.49% p.a.
Annual fee$300
Interest-free period45 days
Cash advance rate21.49% p.a.
Min credit limit$15,000
Max credit limit$75,000
Card typeMastercard
Foreign currency conversion fee3%
Minimum income$75,000
Available to temporary residentsYes - Conditions apply
Joint applicationNo

Pros

  • Receive up to 120,000 bonus Velocity Points when you meet the spend requirement
  • 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

  • Charges a high combined annual fee of $300
  • Only offers up to 45 days interest-free on purchases, compared to other cards that offer up to 55 days
Rewards programVelocity Frequent Flyer
Bonus points120,000
Rewards points per $ spent0.75
Annual fee$300
Minimum monthly repayment2% of the closing balance or $10, whichever is greater
Late payment fee$15
Foreign currency conversion fee3%
Cash advance fee2% or $2.50, whichever is greater
Overseas cash advance fee2%
Additional cardholder fee$0
Number of additional cardholders1

Expert review

Amy Bradney-George

Review by


Amy Bradney-George is the acting editor for credit cards and has more than 13 years’ experience writing about personal finance. She has bylines in publications including The Sydney Morning Herald, ABC News and The Equity Magazine. A passionate writer, she’s also acting editor for Finder X and senior writer for Finder Green. Amy has a Bachelor of Arts in Journalism and Drama from Griffith University, and when she’s not writing she spends her time as an actress.

Expert review

Not just for Qantas Frequent Flyers anymore, the Westpac Altitude Black also offers a Velocity option. Earning 0.75 Velocity Points per $1 spent on eligible purchases, this offer is competitive compared to other Velocity cards on the market. When you factor in the lounge passes and seat upgrade vouchers, travellers can look forward to a fully loaded product.

How to apply

You can apply for the Westpac Altitude Black - Velocity card online and receive a response in 60 seconds. Before you start, make sure you meet the eligibility requirements and have the necessary information to complete the application.

Eligibility criteria

  • New customer. To be eligible for the bonus points offer, you cannot hold or have held a Westpac rewards card in the previous 12 months.
  • Residency. This card is available to permanent Australian residents.

Card benefits

  • Up to 120,000 bonus Velocity Points. When you apply for a Westpac Altitude Black credit card by 05 August 2020, are approved, and spend at least $4,000 on eligible purchases within 90 days of card approval, you will receive 90,000 bonus Velocity Points. You'll get another 30,000 points after making your first eligible purchase in the second year. Your points will be added to your account within 12 weeks after you've met the spend requirement.
  • Economy X Seat Upgrade Vouchers each year. When you add your membership number to your account and make a direct spend with Virgin Australia on your card, you will receive 2 vouchers for Economy X Seat Upgrades for eligible domestic flights each year to use for yourself and/or other passengers travelling on the same itinerary. The vouchers will be added to your account within 10 days of meeting the spend requirement and can be redeemed by calling 1300 038 373 at least 24 hours prior to your flight.

Rates & fees

  • Annual fee. This card charges a total annual fee of $300. This is made up of a $250 annual card fee plus $50 Velocity Rewards fee.
  • Purchase interest rate. The variable interest rate on purchases is 20.49% p.a.

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6 Comments

  1. Default Gravatar
    Lisa
    September 25, 2019

    Does this card attract overseas transaction fee when using abroad?

    • Avatarfinder Customer Care
      Joshua
      September 26, 2019

      Hi Lisa,

      Thanks for getting in touch with Finder. I hope all is well with you. 😃

      The answer to your question is yes. Westpac Altitude Black comes with a foreign transaction fee. This is charged when you spend in a foreign currency. The fee is 3% of the transaction value.

      I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.

      Have a wonderful day!

      Cheers,
      Joshua

  2. Default Gravatar
    Mark
    August 15, 2019

    Are there more than 2 cards available per account? If so, what is the cost for an additional card, please?

    • Avatarfinder Customer Care
      Jeni
      August 16, 2019

      Hi Mark,

      Thank you for getting in touch with Finder.

      This Westpac Altitude Black – Velocity credit card allows only one additional cardholder at no cost.

      I hope this helps.

      Thank you and have a wonderful day!

      Cheers,
      Jeni

  3. Default Gravatar
    Naru
    July 7, 2019

    I had Westpac Altitude Black card earlier and cancelled about 18 months back. Am I eligible for bonus velocity points if I meet other criteria? Regards

    • Avatarfinder Customer Care
      Faye
      July 9, 2019

      Hi Naru,

      Thanks for contacting Finder.

      If you are referring to the 80,000 bonus Velocity Points, you can only be eligible for it if you apply for a Westpac Altitude Black credit card by 15 October 2019, are approved, and spend at least $4,000 on eligible purchases within 90 days from card approval, you will receive 80,000 bonus Velocity Points.

      You may check out this page to see other credit cards to earn Velocity Points.

      I hope this helps

      Kind Regards,

      Faye

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