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Westpac credit cards that earn Velocity Points

Earn Velocity Points as you spend or exchange your Altitude Points for frequent flyer rewards with a Westpac credit card.


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Information about Velocity Points

Due to Virgin Australia entering into voluntary administration on 21 April 2020, redemption of Velocity Points has been suspended. As of 15 May 2020, you can redeem points for some domestic flights, however, all other redemption options remain suspended. In addition, the Altitude Velocity rewards program is currently unavailable when applying for an Altitude card. We will update this page with more information as it becomes available.
If you're a Velocity Frequent Flyer, you have two ways to earn points with a Westpac credit card. You can either use a Westpac card that earns Altitude Points which you can then transfer to your Velocity account or you can earn Velocity Points directly with the Westpac Altitude Black and Westpac Altitude Platinum Velocity cards.

You can use this guide to compare Westpac credit cards that earn Velocity Points, learn how to exchange your Altitude Points for frequent flyer points and the factors to consider before you apply.

Comparison of Westpac credit cards

Data indicated here is updated regularly
Name Product Bonus points Rewards program Rewards points per $ spent Purchase rate Annual fee
Westpac Altitude Platinum Qantas
Qantas Frequent Flyer
20.49% p.a.
$99 annual fee for the first year ($200 p.a. thereafter)
Get 60,000 bonus Qantas Points when you spend $3,000 within 90 days. Plus, a first-year annual fee discount and a long-term balance transfer offer.
Westpac Altitude Black
Westpac Altitude Rewards
20.49% p.a.
Earn 150,000 bonus Altitude Points when you meet the spend requirement. Plus, 2 yearly Priority Pass lounge invitations.
Westpac Altitude Platinum Card
Westpac Altitude Rewards
20.49% p.a.
$99 annual fee for the first year ($150 p.a. thereafter)
Earn 80,000 bonus Altitude Points when you spend $3,000 within 90 days. Plus, a first-year annual fee discount and a long-term balance transfer offer.
Westpac Altitude Black - Qantas
Qantas Frequent Flyer
20.49% p.a.
Earn up to 120,000 bonus Qantas Points when you meet the spend requirement. Plus, 2 yearly Qantas Club lounge invitations.

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How to exchange your Altitude Points for Velocity Points

You can transfer your Altitude Points using the following steps:

  1. Log in to your Altitude Rewards account at
  2. Select "Redeem Points" and then select the Velocity Rewards option. You will then be shown the two different ways you can redeem points.
  3. Select "Transfer Now" for a one-off redemption, or "Set up Auto-Redemption" for automatic redemptions.
  4. Follow the prompts to complete the redemption process.

If you've opted for a credit card that's linked with the Westpac Altitude rewards program, you can exchange 3 Altitude Points for 1 Velocity Points. You can either choose to do a one-off transfer or set up automatic, monthly redemptions. If you're doing a one-off transfer, you can exchange a minimum of 3,000 Altitude points per transfer and any additional increments must be made in multiples of 500 Altitude points at a time.

If you choose automatic redemption, your entire accumulated Altitude Points balance is transferred to your nominated Velocity Frequent Flyer Account on your credit card statement date every month. A minimum balance of two Altitude points is required for an auto-redemption to occur. Once the points have been transferred, you can expect them in your Velocity account within three business days.

Factors to consider when comparing

If you’re considering getting a Westpac Velocity rewards credit card, the following factors will help you compare your options:

  • Exchanging points vs direct earn. Whether you should choose a card that earns Velocity Points directly or Altitude Points depends on your point goals. If you're only interested in travel rewards and flights, you may find more value in the cards that directly earn Velocity Points. Whereas you may prefer to earn Altitude Points if you want the flexibility to redeem products from the Altitude Rewards store, cashback on your account or other frequent flyer points (such as Singapore Airlines KrisFlyer or Air New Zealand Airpoints). The cards that earn Velocity Points charge higher annual fees but the flight rewards you could redeem may outweigh this cost.
  • Bonus points and earn rates. These cards regularly offer thousands of bonus points to new customers who meet the spend requirements. As well as the card's regular earn rates, consider these introductory bonus points offers and how many points you'll earn per $1 to decide which card could offer you the most value.
  • Complimentary extras. Like many rewards and frequent flyer cards, most of these products also come with extra features. Depending on the card, this could include complimentary travel insurance, airport lounge passes, concierge services and more. Make sure to compare these features and whether or not you'll use them before you apply.

If you're a Velocity Points chaser, Westpac offers a few cards to help reward your spending. Before you pick a card, make sure to compare these offers with other Velocity credit cards to find the right one for you.

Frequently asked questions

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15 Responses

  1. Default Gravatar
    JoelJune 19, 2016

    I am a Westpac Altitude card holder with an Amex and Visa card. Can you please tell me what is the equation of Altitude points to Velocity points by card type?

    • Avatarfinder Customer Care
      MayJune 21, 2016Staff

      Hi Joel,

      Thanks for your inquiry.

      With your Westpac Altitude Credit card, you’ll be able to earn 2 Altitude Points on Altitude American Express Card and 1 Altitude Point on the Altitude Visa Card. If you decide to transfer these points to your Velocity frequent flyer account, the conversion/transfer rate will be: 2 Altitude Points = 1 Velocity Point.

      I hope this has answered your question.


  2. Avatarfinder Customer Care
    SallyAugust 18, 2015Staff

    Hi Leila,

    Thank you for your inquiry.

    Unfortunately, Westpac Altitude Black points can’t be transferred to Etihad Airways Guest frequent flyer points. However, rewards can be redeemed on Virgin Australia, Air New Zealand, Malaysia Airlines, Singapore Airlines and Air Asia. If you opt for the Qantas Rewards program, then you can redeem points with Qantas.
    It may take around 2-3 days for your Altitude Points to appear in your frequent flyer account.

    Kindly refer to this page for the types of rewards available in the Altitude program.

    I hope this helps.



  3. Default Gravatar
    Ozi-VRodJanuary 23, 2015

    Can I transfer Altitude points to a One World alliance airline & if so, how do I access a milage/points calculator

    • Avatarfinder Customer Care
      JonathanJanuary 23, 2015Staff

      Hi Ozi-VROD,

      Thanks for your inquiry!

      Altitude points can be transferred to: Velocity Points, Asia Miles, Airpoints Dollars, KrisFlyer Miles, Cathay Pacific Air Miles and Malaysia Airlines Enrich Miles. The full list of One World Alliance member airlines are available on this page.
      Please see the section on Westpac Altitude Rewards for points conversion rates on this page.

      I hope this helps!



    • Default Gravatar
      Ozi-VRodJanuary 27, 2015

      Does that mean I need to join a “One World FF” program or is membership of a One World alliance airline FF program sufficient?

      Can I transfer Altitude points to say Qantas or Singapore FF programs & book flights on One World Alliance airlines such as American or LAN through them?

    • Avatarfinder Customer Care
      JonathanJanuary 27, 2015Staff

      Hi Ozi-VRod,

      Thanks for your inquiry,

      A membership of a One World Alliance Airline FF program would be sufficient, as long as the frequent flyer program is compatible with Altitude points.

      Only if the respective frequent flyer programs support booking flights through other airlines would this be possible.

      I hope this has helped!



  4. Default Gravatar
    ValOctober 23, 2014

    We have just closed our account with westpac we have over 300,000 velocity points can you advise do we loose these

    • Avatarfinder Customer Care
      ElizabethOctober 24, 2014Staff

      Hi Val,

      Thanks for your question.

      As these are your Velocity Points they are part of your Velocity account and will not be lost when you close your account.

      I hope this has helped.



  5. Default Gravatar
    DavidJuly 30, 2014


    Are westpac altitude points able to be transferred to emirates skywards points?

    Many thanks

    • Avatarfinder Customer Care
      ShirleyAugust 1, 2014Staff

      Hi David,

      Thanks for your question.

      Yes they can, you can also directly redeem your Westpac Altitude Points for flights on Emirates.


  6. Default Gravatar
    LouiseJune 2, 2013

    I currently have an AMEX and MasterCard with Westpac attached to a Qantas reward scheme, can I transfer these credit cards to a Velocity Reward Scheme instead?

    • Avatarfinder Customer Care
      JacobJune 3, 2013Staff

      Hi Louise. Thanks for your question. Yes, you can transfer to a Virgin Velocity branded credit card. If you’re looking to transfer the balance from your old card to a new card, it doesn’t matter which rewards scheme you’re with, the important thing is that the cards are not related (for instance, you can’t transfer from ANZ to ANZ). If you’re switching rewards programs, if you close your old frequent flyer membership, the rewards value will be lost. You’re under no obligation to close your old account though, and you will need to open a new frequent flyer membership when you open a new card linked to this rewards program (this is complimentary and automatic with some cards though). Let me know if there’s anything else you need to know about this. Jacob.

  7. Default Gravatar
    LeanneMarch 28, 2013

    Can i change my Altitude points to Qantas points for their frequent flyer program?

    • Avatarfinder Customer Care
      JacobMarch 29, 2013Staff

      Hi Leanne. Thanks for your question. Altitude points can be transferred to: Velocity Points, Airpoints Dollars, KrisFlyer Miles, Cathay Pacific Air Miles and Malaysia Airlines Enrich Miles. Check this page for transfer rates. Westpac have individual products which allow you to earn Qantas Points. Jacob.

Credit Cards Comparison

Data indicated here is updated regularly
Name Product Purchase rate Balance transfer rate Annual fee
Citi Rewards Card - Exclusive Offer
21.49% p.a.
0% p.a. for 30 months
$49 annual fee for the first year ($149 p.a. thereafter)
Finder Exclusive
Save on interest with 0% p.a. on balance transfers for 30 months with no balance transfer fee. Plus, a $49 first-year annual fee and Citi Rewards.
Coles No Annual Fee Mastercard
0% for 12 months, reverts to 19.99% p.a.
0% p.a. for 12 months
Save on new and existing interest charges with 0% p.a. on balance transfers and purchases for 12 months.
Qantas American Express Premium Card
20.74% p.a.
Enjoy 100,000 bonus Qantas Points, 50 bonus Status Credits and 2 complimentary Qantas Club lounge invitations per year. Ends 4 November 2020.
Citi Rewards Card - $500 Voucher Offer
21.49% p.a.
0% p.a. for 12 months
$99 annual fee for the first year ($199 p.a. thereafter)
Get a $500 e-voucher to spend at Myer, JB Hi-Fi or Coles when you spend $3,000 in the first 90 days. Plus, earn points with the Citi Rewards Program.

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* The credit card offers compared on this page are chosen from a range of credit cards has access to track details from and is not representative of all the products available in the market. Products are displayed in no particular order or ranking. The use of terms 'Best' and 'Top' are not product ratings and are subject to our disclaimer. You should consider seeking independent financial advice and consider your own personal financial circumstances when comparing cards.

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