Westpac Altitude Platinum Qantas – Existing customer offer

Last updated: Jan 21, 2021

Get 75,000 bonus Qantas Points and a $50 first year annual fee with the Westpac Altitude Platinum Qantas card.

If you’re a current Westpac customer, you can collect 75,000 bonus Qantas Points when you apply for this card by 31 March 2021 and spend $3,000 on eligible purchases within the first 90 days of card approval. The Westpac Altitude Platinum credit card also gives you a way to earn 0.5 Qantas Points for your everyday spending when you select the option to earn points directly through the Qantas Frequent Flyer program.

As well as bonus Qantas Points, this introductory offer gives you a $50 discounted annual fee in the first year, reverting to $200 p.a. thereafter. If you have existing debt, you can also take advantage of 6.99% p.a. on balance transfers for the first 12 months (reverts to 21.49% p.a.).

75,000

Bonus points

20.49% p.a.

Purchase rate

0.5

Reward points

Per $ spent

$50 p.a.

Annual fee

for the first year ($200 p.a. thereafter)

We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!

Details

Product Name	Westpac Altitude Platinum Qantas – Existing Customer Offer
Rewards program	Qantas Frequent Flyer
Balance transfer rate	6.99% p.a. for 12 months
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	$50 annual fee for the first year ($200 p.a. thereafter)
Interest-free period	45 days
Cash advance rate	21.49% p.a.
Min credit limit	$6,000
Max credit limit	$50,000
Card type	Mastercard
Foreign currency conversion fee	3%

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

Pros

75,000 bonus Qantas Points when you spend $3,000 in 90 days
$50 first-year annual fee ($200 p.a. thereafter)
Complimentary insurance covers include overseas medical and purchase security

Cons

The standard annual fee of $200 is relatively high
Only offers up to 45 days interest-free on purchases, as opposed to other cards with 55 days
0.5 Qantas Points per $1 spent is relatively low

Rewards program	Qantas Frequent Flyer
Bonus points	75,000
Rewards points per $ spent	0.5

Annual fee	$50 annual fee for the first year ($200 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

Expert review

Review by

Amy Bradney-George

amy.bradney-george@finder.com

Amy Bradney-George has been writing about personal finance for more than 13 years – including over 600 articles as a senior writer for Finder. Her work has also appeared in publications including Money Magazine, The Sydney Morning Herald, Financy, ABC News Australia and Equity Magazine. Amy has a Bachelor of Arts in Journalism and Drama from Griffith University.

Expert review

This offer on the Westpac Altitude Platinum Qantas credit card stands out because it is only available to people who already bank with Westpac. It’s more common for credit card offers to be available to new customers, or anyone who has not held a card with that company in the recent past.

But in this case, if you’re a current customer of Westpac on the hunt for a Qantas credit card, you could get 75,000 bonus points through this offer. To give you an idea of the value, this is enough points for a return business class flight from Melbourne to the Gold Coast or from Sydney to Adelaide (both from 55,200 Qantas Points). You could also redeem these points for $300 worth of Woolworths Group digital gift cards (69,120 points for one $250 gift card and one $100 gift card).

This card also has an ongoing earn rate of 0.5 Qantas Points per $1 on eligible purchases and a $200 annual fee that’s discounted at $50 in the first year with this offer. While this earn rate is at the lower end of the scale for Qantas Frequent Flyer credit cards, there is no points cap. It also offers a suite of complimentary insurance options and mobile payments.

How to apply

You can apply for the Westpac Altitude Platinum – Qantas card online in around 10 minutes. Start by checking that you meet the following eligibility requirements and have all the details and documents you'll need to fill out the application form.

Eligibility criteria

Minimum income. You must earn at least $30,000 to apply for this card.
Existing Westpac customer. The introductory offer on this card is only available to people who are current Westpac customers. If you want to take advantage of this offer but don't have any Westpac accounts yet, you can compare a range of Westpac savings and bank accounts on Finder. Or, look at other Westpac credit cards – including some with offers for new customers. Existing Westpac customers who currently hold an Earth Classic, Earth Platinum, Earth Platinum Plus, Earth Black, Altitude Classic, Altitude Platinum or Altitude Black credit card, or who have held one in the last 12 months, are not eligible for this offer.

Residency. This card is available to permanent Australian residents.
Age. You must be at least 18 years old to apply.
Qantas Frequent Flyer membership. You'll need to have an active Qantas Frequent Flyer account to be able to earn Qantas Points with this card. If you're not already a member, here's how you can sign up without paying the usual Qantas Frequent Flyer joining fee of $99.50.
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

Personal details. This includes your name, email address, living arrangements and a valid form of ID, such as your driver's licence number, Medicare card number or passport details.
Employment details. This covers your current employment status, job title, salary and your employer's contact details. You may also need to provide supporting documentation such as recent payslips, bank statements or tax assessment notices.
Financial details. This includes any other forms of income such as pensions or government payments, as well as savings and investments. You'll also need to share details of your existing debts and financial responsibilities, including an estimate of your living costs such as rent/mortgage payments, bills and groceries.
Reward options. You'll be given the choice of earning points through the Altitude Rewards program or the Altitude Qantas rewards program. To earn Qantas Points, select the Altitude Qantas option and enter your frequent flyer details. An annual rewards program fee of $50 applies for this option, which is included in the $200 p.a. annual fee cost.
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.

Card benefits

75,000 bonus Qantas Points. Receive 75,000 bonus Qantas Points when you're a current Westpac customer and apply for a new Westpac Altitude Platinum card before 31 March 2021, then spend a minimum amount of $3,000 on eligible purchases within 90 days from card approval. The bonus points will be credited to your account within 12 weeks of meeting the spend requirement. This offer is only available for existing Westpac customers.
$50 first-year annual fee. Save with a discounted annual fee for the first year when you apply by 31 March 2021. This reverts to $200 p.a. after the first year. This offer is only available for existing Westpac customers who hold an active account or product.

Balance transfer offer. Get 6.99% p.a. on balance transfers offer for 12 months. Any remaining balance after the promotional period ends is subject to the 21.49% p.a. cash advance rate.
Rewards program. With your Altitude Platinum - Qantas credit card, you will earn 0.5 Qantas points per $1 you spend on eligible purchases, uncapped. Eligible purchases cover most of your everyday spending, however, transactions that won't earn points include cash advances, balance transfers, BPAY payments and payments to the Australian Taxation Office.
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.
Additional cardholder. Earn points faster by adding 1 additional cardholder for $0.
Mobile payment technology. You can link your Westpac Altitude Platinum - Qantas credit card with Apple Pay, Samsung Pay or Google Pay to make contactless payments at the checkout with your Samsung, Apple or Android device. Plus, you can also pay with your eligible fitness tracker with Fitbit Pay and Garmin Pay.

Rates & fees

Annual fee. Outside of any promotions, the Westpac Altitude Platinum – Qantas card charges a total annual fee of $200. This is made up of a $150 standard annual fee plus a $50 Qantas Rewards fee.
Purchase rate. This credit card charges an interest rate of 20.49% p.a. on purchases.

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.
Cash advance rate. This card has an interest rate of 21.49% p.a. for cash advance transactions.
Foreign transaction fee. A 3% fee applies for any transactions made in a foreign currency.
Minimum credit limit. This card has a minimum credit limit of $6,000.

Ask an expert

To ask a question simply log in via your email or create an account.

Click here to cancel reply.

Display Name

Your Email (will not be published)

Your Question

Subscribe me to Finder’s free weekly newsletter for budgeting tools, timely news and savings essentials to take control of your finances

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.

Ask a question

Be money smart and see Finder’s best credit card deals.

Find a better personal loan deal

Find a better home loan

Want monthly fees on your bank account?

Discover the top share trading platforms.

Discover top performing superannuation funds.

Planning to travel soon? Check out one of our travel money location guides

How much will it cost? Calculate your home loan repayments

Card Types

Cards From

Credit Cards Tips

Balance Transfer Calculator

Westpac Altitude Platinum Qantas – Existing customer offer