Westpac Altitude Platinum – Velocity Credit Card

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Get 60,000 bonus Velocity Points and complimentary Economy X Seat Upgrade vouchers with the Westpac Altitude Platinum - Velocity card.

The Westpac Altitude Platinum credit card earns 0.5 Velocity Points per $1 for your everyday spending when you select the Velocity Frequent Flyer program (instead of Altitude Rewards).


Bonus points

20.49% p.a.

Purchase rate


Reward points

Per $ spent (Visa/Mastercard)

$200 p.a.

Annual fee


Product NameWestpac Altitude Platinum Card - Velocity
Rewards ProgramVelocity Frequent Flyer
Purchase rate (p.a.)20.49% p.a.
Annual fee$200 p.a.
Interest Free Period45 days
Cash Advance Rate21.49% p.a.
Minimum Credit Limit$6,000
Maximum Credit Limit$50,000
Card TypeMastercard
Foreign Currency Conversion Fee (Visa/Mastercard)3% of transaction value
Complimentary Travel InsuranceYes
Minimum Income$30,000
Minimum Age18 years of age
Available to Temporary ResidentsYes - Conditions apply
Joint ApplicationNo


  • 60,000 bonus Velocity Points when you spend $3,000 in 90 days
  • Ability to earn uncapped Velocity Points
  • 2 complimentary Economy X Seat Upgrade Vouchers each year


  • Only offers up to 45 days interest-free on purchases, as opposed to most cards with 55 days
  • 0.5 Velocity Points per $1 spent is relatively low
Rewards ProgramVelocity Frequent Flyer
Bonus Points60,000 bonus points
Rewards Points per $ spent (Visa/Mastercard)0.5
Annual fee$200 p.a.
Minimum Monthly Repayment2% 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 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 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.

Expert review

Not just for Qantas Frequent Flyers anymore, the Westpac Altitude Platinum now offers a Velocity option. This credit card has a straightforward earn rate of 0.5 Velocity Points per $1 spent, with no points cap. It also offers modest travel perks – including complimentary overseas travel insurance, transit accident insurance – and Economy X seat upgrade vouchers on select domestic flights.

How to apply

You can apply for the Westpac Altitude Platinum – Velocity 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

  • New customer. The bonus points offer is only available to new cardholders.
  • Residency. This card is available to permanent Australian residents.

Card benefits

  • 60,000 bonus Velocity Points. Apply for the Westpac Altitude Platinum - Velocity to receive 60,000 bonus Velocity Points. To get the bonus points, you need to apply before 31 March 2020 and spend a minimum amount of $3,000 on eligible purchases within 90 days from card approval.
  • Economy X Seat Upgrade vouchers every 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 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. The Westpac Altitude Platinum – Velocity card charges a total annual fee of $200. This is made up of a $150 standard annual fee plus a $50 Velocity Rewards fee.
  • Purchase rate. This credit card charges a variable interest rate of 20.49% p.a. on purchases.

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