Westpac Altitude Platinum – Velocity – Online Offer
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Get 40,000 bonus Velocity Points and complimentary Economy X Seat Upgrade vouchers with the Westpac Altitude Platinum - Velocity card.
When you apply as a new cardholder by 31 March 2020 and spend $2,000 on eligible purchases within the first 90 days of approval, you will earn 40,000 bonus Velocity Points. You can also take advantage of 0% interest on balance transfers for the first 20 months with no balance transfer fee.
40,000
Bonus points
20.49% p.a.
Purchase rate
0.5
Reward points
Per $ spent (Visa/Mastercard)
$200 p.a.
Annual fee
Details
| Product Name | Westpac Altitude Platinum Velocity - Online Offer |
|---|---|
| Rewards Program | Velocity Frequent Flyer |
| Balance transfer rate | 0% p.a. for 20 months |
| Balance Transfer Revert Rate | Cash Advance Rate (21.49% p.a.) |
| Balance Transfer Limit | 80% of available balance |
| Purchase rate (p.a.) | 20.49% p.a. |
| Annual fee | $200 p.a. |
| Interest Free Period | 45 days |
| Cash advance rate (p.a.) | 21.49% p.a. |
| Min credit limit | $6,000 |
| Max credit limit | $50,000 |
| Card Type | Mastercard |
| Foreign Currency Conversion Fee (Visa/Mastercard) | 3% of transaction value |
| Complimentary Travel Insurance | Yes |
| Minimum Income | $30,000 |
|---|---|
| Minimum Age | 18 years of age |
| Available to Temporary Residents | Yes - Conditions apply |
| Joint Application | No |
Pros
- 40,000 bonus Velocity Points when you spend $2,000 in 90 days
- 0% p.a. balance transfer for 20 months with no balance transfer fee
- Ability to earn uncapped Velocity Points
- 2 complimentary Economy X Seat Upgrade Vouchers each year
Cons
- 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 Program | Velocity Frequent Flyer |
|---|---|
| Bonus Points | 40,000 bonus points |
| Rewards Points per $ spent (Visa/Mastercard) | 0.5 |
| Annual fee | $200 p.a. |
|---|---|
| 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.
