Westpac Altitude Platinum Credit Card

Earn 130,000 bonus Altitude Points and enjoy complimentary insurance covers with the Westpac Altitude Platinum card.

If you apply by 30 November 2021, you’ll earn 130,000 bonus Altitude Points when you spend $3,000 on eligible purchases within the first 90 days from card approval. The Westpac Altitude Platinum also offers a discounted annual fee of $49 in the first year.

If you have credit card debt you want to pay off, this card also offers 0% p.a. for the first 22 months on balance transfers with a 1% balance transfer fee. Plus you can take advantage of complimentary insurance including purchase security insurance, transit accident insurance and extended warranty insurance.

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Sally McMullen

Last Updated Jun 24, 2021

0% p.a.

Balance transfer rate

for 22 months with 1% balance transfer fee

130,000

Bonus points

20.49% p.a.

Purchase rate

Reward point

Per $ spent

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Details

Product Name	Westpac Altitude Platinum Card
Rewards program	Westpac Altitude Rewards
Balance transfer rate	0% p.a. for 22 months with 1% balance transfer fee
Balance transfer revert rate	Cash Advance Rate (21.49% p.a.)
Balance transfer limit	80% of available limit
Purchase rate	20.49% p.a.
Annual fee	$49 annual fee for the first year ($150 p.a. thereafter)
Interest-free period	Up to 45 days on purchases
Cash advance rate	21.49% p.a.
Min credit limit	$6,000
Max credit limit	$30,000
Card type	Mastercard
Foreign currency conversion fee	3%

Minimum income	$30,000
Available to temporary residents	Yes - Conditions apply
Joint application	No

Pros

130,000 bonus Altitude Points offer
$49 first-year annual fee ($150 p.a. thereafter)
Introductory balance transfer of 0% p.a. for the first 22 months
Earn up to 3 Altitude Points per $1 spent, uncapped
Complimentary travel insurance covers

Cons

A one-time 1% balance transfer fee applies
The standard annual fee of $150 is relatively high
Only offers up to 45 days interest-free on purchases, as opposed to most cards with 55 days
Tiered earn rate makes points potential more difficult to estimate

Rewards program	Westpac Altitude Rewards
Bonus points	130,000
Rewards points per $ spent	1

Annual fee	$49 annual fee for the first year ($150 p.a. thereafter)
Minimum monthly repayment	2% of the closing balance or $10, whichever is greater
Late payment fee	$15
Foreign currency conversion fee	3%
Cash advance fee	2% or $2.50, whichever is greater
Overseas cash advance fee	2%
Additional cardholder fee	$0
Number of additional cardholders	1

Go to Westpac's site More info

Review by

Sally McMullen

sally.mcmullen@finder.com.au

Sally McMullen is a creative content producer at Finder. Sally has written about credit cards for almost 5 years, authoring almost 900 articles on Finder alone. She has also been published in Yahoo Finance, Dynamic Business, Financy and Mamamia, as well as Music Feeds and Rolling Stone. Sally has a Bachelor of Communication and Media Studies majoring in Journalism (Hons) from the University of Wollongong.

Expert review

The Westpac Altitude Platinum credit card is suited to points hunters looking for a modest rewards program and low annual fee. If you regularly shop with the increased earn rate partners, you could get a lot of value for your spend. Keep in mind however, that regular spending like groceries and petrol will only earn 1 Altitude Point per $1 spent.

This card offers complimentary travel insurance, but it doesn’t come with other travel perks like airport lounge passes or vouchers that you can expect with more premium rewards cards. If you prefer to earn frequent flyer points for your spending, check out our review of the Westpac Altitude Platinum - Velocity card or the Westpac Altitude Platinum - Qantas card.

While you can both transfer a balance and earn bonus points with this offer, keep in mind that paying down your existing debt should take priority over chasing bonus points through increased spending. However, Westpac is one of a few providers that grant interest-free days on new purchases without needing to pay off your balance transfer first. So if you want to pay down existing debt and earn some bonus points, this card can help to minimise your overall interest costs.

How to apply

You can apply for the Altitude Platinum credit card by filling out the online application and receive a response within 60 seconds. To apply for this credit card, you have to make sure you meet the eligibility requirements first.

Eligibility criteria

Minimum income. You must earn an annual income of at least $30,000.
Residency. You must be a permanent Australian resident or Australian citizen. Please note that those holding a student visa aren't eligible for and temporary visa holders must apply through migrant banking.

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.
Age. You must be at least 18 years of age.
Eligible balance transfer debt. You can transfer from $200 up to 80% of your available credit limit from up to 3 Australian credit, charge or store cards not issued by Westpac.

Required documents

Proof of identification. This can be your Australian driver's license, Medicare card or Australian passport.
Income and expenses. You'll need proof of your income and financial history, such as payslips or tax documents. You'll also need to provide information regarding any liabilities and dependents.
Employment details. You'll need to list your employer's details like the address and phone number and proof of any other financial commitments like investment properties.
Balance transfer information. To transfer a balance, you'll need to provide the account numbers of the cards you'd like to transfer, the provider's biller codes and the debt amounts.

Go to Westpac's site More info

Card benefits

130,000 bonus Altitude Points. Apply for the Westpac Altitude Platinum by 30 November 2021 to receive 130,000 bonus Altitude Points when you spend a minimum amount of $3,000 on eligible purchases within 90 days from card approval. As an example, you could redeem these points for $450 cashback on your account (126,900 points for four $100 redemptions and one $50 redemption). You could also get gift cards, retail items, travel or transfer points to your Velocity Frequent Flyer, Singapore Airlines KrisFlyer, Asia Miles or Air New Zealand Airpoints account. Your bonus Altitude Points will be credited to your account within 12 weeks of meeting the spend criteria.
Discounted first-year annual fee. Save with a reduced annual fee of $49 in the first year, reverting to $150 p.a. thereafter when you apply by 30 November 2021.

Balance transfer offer. Save on interest costs when you pay off existing debt with a 0% p.a. balance transfer offer for 22 months. There is a one-time 1% balance transfer fee for this offer and you must request your balance transfer when you apply for the card. Any remaining balance after the promotional period ends is subject to the variable cash advance rate, currently 21.49% p.a.
Standard earn rates. With your Altitude Platinum credit card, you can earn up to 3 points per $1 spent on eligible purchases. Earn 3 Altitude points per dollar spent (up to $10,000 per calendar month) on flights purchased in Australia directly with Qantas, Jetstar, and Virgin Australia, then 1 point per $1 spent thereafter. Earn 2 Altitude Points per $1 spent on overseas spend and with Spotify Premium, Uber, Uber Eats and AirBnb. Earn 1 Altitude Point per $1 spent on all other eligible purchases (uncapped).
Complimentary insurances. You get a wide range of insurance covers with your platinum credit card. You can benefit from overseas travel insurance that includes medical expenses, lost or damaged property, personal liability, and more. You'll also enjoy transit accident insurance, purchase security insurance and extended warranty coverage.
Mobile Wallets. You can link your Westpac Altitude Platinum credit card with Apple Pay, Samsung Pay or Google Pay, to make contactless payments at the checkout with your Apple, Samsung or Android device. You can also pay with your eligible fitness tracker thanks to Fitbit Pay and Garmin Pay.

Rates & fees

Annual fee. Outside of any promotions, this card charges an annual fee of $150.
Interest rates. This credit card charges a variable interest rate of 20.49% p.a. on purchases and 21.49% p.a. on cash advances.

Interest-free period. You will receive up to 45 days interest-free on new purchases when you pay your monthly payment balance listed on your statement in full by the payment due date. Note that these interest-free days are separate from any longer-term interest rate promotions and the monthly payment balance excludes current balance transfers.
Additional cardholder. You can earn points faster by adding 1 additional cardholder for $0.

Go to Westpac's site More info

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165 Comments

Dos
May 16, 2019

Hi, I had this card previously but cancelled it in December last year. Will I still be eligible for the Qantas points if I apply? Thanks!

finder Customer Care

Jhez
May 17, 2019

Hello Dos,

Thank you for your comment.

According to the terms and conditions of Westpac Altitude Platinum Card, existing Westpac customers who currently hold an Earth Platinum, Earth Platinum Plus, Earth Black, Altitude Platinum or Altitude Black credit card, or who have held one in the last 12 months, are not eligible for this offer. Therefore, you’re not eligible to receive the bonus points if you reapply, unfortunately.

Regards,
Jhezelyn

Muhammad
April 19, 2019

What is cancellation fee for this Altitude Platinum credit card? Also if I apply for one more card from other bank, would that effect getting this
Altitude Platinum credit card?

finder Customer Care

Jeni
April 20, 2019

Hi Muhammad,

Thank you for getting in touch with Finder.

There’s no cancellation fee if you cancel this card. If you apply for another credit card from a different bank, it will not affect your application for this card unless there are too many credit enquiries or card applications which results to a low credit limit.

Please make sure though to read the eligibility criteria, features, and details of the card, as well as the relevant PDS/ T&Cs of the card before making a decision and consider whether the product is right for you.

I hope this helps.

Thank you and have a wonderful day!

Cheers,
Jeni

Maureen
February 28, 2019

With Westpac Altitude Platinum credit card, how many points per $1 do you achieve?

finder Customer Care

Jeni
March 2, 2019

Hi Maureen,

Thank you for getting in touch with Finder.

You’ll earn 1 Altitude Rewards point per $1 you spend on eligible purchases, uncapped.

I hope this helps.

Thank you and have a wonderful day!

Cheers,
Jeni

lozz
March 27, 2018

Eligible purchases do not include fees, cash, cash equivalent transactions, BPAY. Does this means bills (not through bpay) are ineligible?

finder Customer Care

May
March 27, 2018

Hi Lozz,

Thanks for your inquiry.

Yes, that’s correct. If you pay the bills direct from the providers and they would consider it as a “purchase”, then you would earn points for those payments. But when you pay your bills through BPAY, those are not considered as eligible purchases.

Cheers,
May

Lozz
March 27, 2018

Thanks. So paying at a post office is eligible?

finder Customer Care

May
March 27, 2018

Hi Lozz,

Thanks for getting back. Yes, since payments through post office are not excluded. I would also suggest that you contact Westpac to get more information about earning of points on eligible purchases.

Cheers,
May

ShaneM
November 10, 2017

I currently have an American Express Platinum Edge, will that affect my eligibility for this offer? Or will it be fine because it’s a bank issued card?

Jonathan
November 10, 2017

Hi ShaneM,

Thank you for your inquiry.

Existing Westpac customers who currently hold an Altitude Platinum or Altitude Black credit card, or who have held one in the last 12 months are not eligible for this offer.

Kindly refer to Altitude Rewards Terms and Conditions for more information.

Hope this helps.

Cheers,
Jonathan

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Westpac Altitude Platinum Credit Card